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PVAL vs MULT

Putnam Focused Large Cap Value ETF vs Franklin Multisector Income ETF

PVAL

Putnam Focused Large Cap Value ETF

Annual cost

0.55%

Fund size

$11.1B

MULT

Franklin Multisector Income ETF

Annual cost

0.39%

Fund size

$15M

Key differences

PVAL is an equity ETF, while MULT is a fixed income ETF. PVAL charges 0.55% a year and MULT 0.39%.

  • PVAL is an equity fund, while MULT is a fixed income fund. They carry different risk/return profiles.
  • PVAL follows a active selection strategy; MULT uses index tracking.
  • PVAL covers North America; MULT covers global markets excluding the US.
  • MULT costs 0.16% less per year.
  • PVAL is much larger than MULT. Larger funds are usually more liquid and less likely to close.

Side-by-side comparison

PVALMULT
Annual cost (TER)0.55%0.39%
Fund size (AUM)$11.1B$15M
Since20212025
Dividend yield0.98%
Asset classequityfixed income
Regionnorth americaglobal ex us
Strategyactive selectionindex tracking
CAGR 1Y+32.3%N/A
CAGR 3Y+24.7%N/A
CAGR 5Y+16.0%N/A
Sharpe 3Y1.44N/A
Volatility 1Y10.95%
Max drawdown-16.64%-1.70%

Similar to PVAL and MULT