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INCM vs PVAL

Franklin Income Focus ETF vs Putnam Focused Large Cap Value ETF

INCM

Franklin Income Focus ETF

Annual cost

0.38%

Fund size

$1.5B

PVAL

Putnam Focused Large Cap Value ETF

Annual cost

0.55%

Fund size

$11.1B

Key differences

INCM is an alternative ETF, while PVAL is an equity ETF. INCM charges 0.38% a year and PVAL 0.55%.

  • INCM is an alternative fund, while PVAL is an equity fund. They carry different risk/return profiles.
  • INCM follows a multi strategy strategy; PVAL uses active selection.
  • INCM covers emerging markets; PVAL covers North America.
  • INCM costs 0.17% less per year.
  • PVAL is much larger than INCM. Larger funds are usually more liquid and less likely to close.

Side-by-side comparison

INCMPVAL
Annual cost (TER)0.38%0.55%
Fund size (AUM)$1.5B$11.1B
Since20232021
Dividend yield5.06%0.98%
Asset classalternativeequity
Regionemerging marketsnorth america
Strategymulti strategyactive selection
CAGR 1Y+15.0%+32.3%
CAGR 3YN/A+24.7%
CAGR 5YN/A+16.0%
Sharpe 3YN/A1.44
Volatility 1Y5.40%10.95%
Max drawdown-7.84%-16.64%

Similar to INCM and PVAL