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PVAL vs FLCO

Putnam Focused Large Cap Value ETF vs Franklin Investment Grade Corporate ETF

PVAL

Putnam Focused Large Cap Value ETF

Annual cost

0.55%

Fund size

$11.1B

FLCO

Franklin Investment Grade Corporate ETF

Annual cost

0.35%

Fund size

$581M

Key differences

PVAL is an equity ETF, while FLCO is a fixed income ETF. PVAL charges 0.55% a year and FLCO 0.35%.

  • PVAL is an equity fund, while FLCO is a fixed income fund. They carry different risk/return profiles.
  • PVAL covers North America; FLCO covers global markets.
  • FLCO costs 0.20% less per year.
  • PVAL is much larger than FLCO. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, PVAL has delivered higher annualized returns.
  • FLCO has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

PVALFLCO
Annual cost (TER)0.55%0.35%
Fund size (AUM)$11.1B$581M
Since20212016
Dividend yield0.98%4.63%
Asset classequityfixed income
Regionnorth americaglobal
Strategyactive selectionactive selection
CAGR 1Y+32.3%+4.7%
CAGR 3Y+24.7%+4.9%
CAGR 5Y+16.0%+0.2%
Sharpe 3Y1.440.23
Volatility 1Y10.95%4.41%
Max drawdown-16.64%-22.71%

Similar to PVAL and FLCO