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PVAL vs FLQM

Putnam Focused Large Cap Value ETF vs Franklin U.S. Mid Cap Multifactor Index ETF

PVAL

Putnam Focused Large Cap Value ETF

Annual cost

0.55%

Fund size

$11.1B

FLQM

Franklin U.S. Mid Cap Multifactor Index ETF

Annual cost

0.30%

Fund size

$1.5B

Key differences

Both PVAL and FLQM are equity ETFs. PVAL charges 0.55% a year and FLQM 0.30%. The main difference: PVAL follows a active selection strategy; FLQM uses index tracking.

  • PVAL follows a active selection strategy; FLQM uses index tracking.
  • FLQM costs 0.25% less per year.
  • PVAL is much larger than FLQM. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, PVAL has delivered higher annualized returns.

Side-by-side comparison

PVALFLQM
Annual cost (TER)0.55%0.30%
Fund size (AUM)$11.1B$1.5B
Since20212017
Dividend yield0.98%1.50%
Asset classequityequity
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+32.3%+7.7%
CAGR 3Y+24.7%+12.5%
CAGR 5Y+16.0%+7.0%
Sharpe 3Y1.440.64
Volatility 1Y10.95%12.13%
Max drawdown-16.64%-37.26%

Similar to PVAL and FLQM