IVE vs. PLDR

Last updated Jul 17, 2026

IVE (iShares S&P 500 Value ETF) and PLDR (Putnam Sustainable Leaders ETF) are both exchange-traded funds - IVE is a Large Cap Value Equities fund tracking the S&P 500 Value Index, while PLDR is a Sustainable fund actively managed by Power Corporation of Canada. IVE is passively managed, while PLDR is actively managed. A 0.79 correlation means they provide meaningful diversification when combined. IVE charges 0.18%/yr vs 0.59%/yr for PLDR.

Performance

IVE vs. PLDR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares S&P 500 Value ETF (IVE) and Putnam Sustainable Leaders ETF (PLDR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

IVE

• 1D: 0.91%
• 1M: 1.47%
• 6M: 7.51%
• YTD: 10.40%
• 1Y: 20.19%
• 3Y*: 14.42%
• 5Y*: 11.75%
• 10Y*: 11.65%

PLDR

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

IVE vs. PLDR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
IVE iShares S&P 500 Value ETF	10.40%	13.02%	12.03%	22.07%	-5.41%	6.83%
PLDR Putnam Sustainable Leaders ETF	1.69%	12.03%	23.47%	27.47%	-22.52%	11.54%

Correlation

The correlation between IVE and PLDR is 0.70, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.70
Correlation (3Y) Calculated over the trailing 3-year period	0.72
Correlation (5Y) Calculated over the trailing 5-year period	0.80
Correlation (All Time) Calculated using the full available price history since May 26, 2021	0.79

The correlation between IVE and PLDR has been stable across timeframes, ranging from 0.70 to 0.80 - a consistent structural relationship.

IVE vs. PLDR - Sectors Allocation Comparison

Sectors	IVE	PLDR
Technology	22.4%	38.3%
Financial Services	14.6%	9.9%
Healthcare	11.5%	7.5%
Consumer Cyclical	11.1%	10.1%
Industrials	10.4%	8.4%
Consumer Defensive	8.9%	5.3%
Energy	7.0%	3.1%
Utilities	4.3%	3.4%
Real Estate	3.4%	0.6%
Basic Materials	3.3%	2.3%
Communication Services	3.2%	11.1%

Return for Risk

IVE vs. PLDR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IVE

IVE Risk / Return Rank: 80
IVE Sharpe Ratio Rank: 81
IVE Sortino Ratio Rank: 80
IVE Omega Ratio Rank: 80
IVE Calmar Ratio Rank: 79
IVE Martin Ratio Rank: 81

PLDR

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

IVE vs. PLDR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares S&P 500 Value ETF (IVE) and Putnam Sustainable Leaders ETF (PLDR). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	IVE	PLDR	Difference
Sharpe ratio: Return per unit of total volatility	2.06	—	—
Sortino ratio: Return per unit of downside risk	2.88	—	—
Omega ratio: Gain probability vs. loss probability	1.37	—	—
Calmar ratio: Return relative to maximum drawdown	3.27	—	—
Martin ratio: Return relative to average drawdown	12.41	—	—

Drawdowns

Drawdown Indicators

	IVE	PLDR	Difference
Max Drawdown Largest peak-to-trough decline	-61.32%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-6.19%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-17.58%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-18.04%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-37.04%	—	—
Current Drawdown Current decline from peak	0.00%	—	—
Average Drawdown Average peak-to-trough decline	-10.06%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	1.63%	—	—

Volatility

Volatility by Period

	IVE	PLDR	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.39%	—	—
Volatility (6M) Calculated over the trailing 6-month period	7.23%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	9.84%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.35%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.88%	—	—

IVE vs. PLDR - Expense Ratio Comparison

IVE has a 0.18% expense ratio, which is lower than PLDR's 0.59% expense ratio.

Dividends

IVE vs. PLDR - Dividend Comparison

IVE's dividend yield for the trailing twelve months is around 1.53%, while PLDR has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IVE iShares S&P 500 Value ETF	1.53%	1.61%	2.04%	1.65%	2.10%	1.81%	2.37%	2.11%	2.74%	2.12%	2.26%	2.44%
PLDR Putnam Sustainable Leaders ETF	0.37%	0.37%	0.38%	0.56%	0.63%	0.39%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both IVE and PLDR in my portfolio?

IVE and PLDR have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, IVE or PLDR?

On fees, IVE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IVE or PLDR?

IVE is cheaper with a 0.18% expense ratio, compared with 0.59% for PLDR.

Which ETF pays a higher dividend yield, IVE or PLDR?

IVE has the higher dividend yield at 1.53%, compared with 0.37% for PLDR.

What is the main difference between IVE and PLDR?

IVE is categorized as Large Cap Value Equities, while PLDR is Sustainable. They also come from different issuers: iShares and Power Corporation of Canada. Their fees differ too: 0.18% for IVE and 0.59% for PLDR.