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PVAL vs INCM

Putnam Focused Large Cap Value ETF vs Franklin Income Focus ETF

PVAL

Putnam Focused Large Cap Value ETF

Annual cost

0.55%

Fund size

$11.1B

INCM

Franklin Income Focus ETF

Annual cost

0.38%

Fund size

$1.5B

Key differences

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

  • PVAL is an equity fund, while INCM is an alternative fund. They carry different risk/return profiles.
  • PVAL follows a active selection strategy; INCM uses multi strategy.
  • PVAL covers North America; INCM covers emerging markets.
  • 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

PVALINCM
Annual cost (TER)0.55%0.38%
Fund size (AUM)$11.1B$1.5B
Since20212023
Dividend yield0.98%5.06%
Asset classequityalternative
Regionnorth americaemerging markets
Strategyactive selectionmulti strategy
CAGR 1Y+32.3%+15.0%
CAGR 3Y+24.7%N/A
CAGR 5Y+16.0%N/A
Sharpe 3Y1.44N/A
Volatility 1Y10.95%5.40%
Max drawdown-16.64%-7.84%

Similar to PVAL and INCM