PVAL vs. DSEEX
Compare and contrast key facts about Putnam Focused Large Cap Value ETF (PVAL) and DoubleLine Shiller Enhanced CAPE (DSEEX).
PVAL is an actively managed fund by Putnam. It was launched on May 25, 2021. DSEEX is managed by DoubleLine. It was launched on Oct 31, 2013.
Performance
PVAL vs. DSEEX - Performance Comparison
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PVAL vs. DSEEX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
PVAL Putnam Focused Large Cap Value ETF | 2.19% | 24.13% | 19.30% | 18.41% | -2.61% | 11.44% |
DSEEX DoubleLine Shiller Enhanced CAPE | -5.30% | 9.49% | 12.84% | 27.03% | -23.24% | 9.72% |
Returns By Period
In the year-to-date period, PVAL achieves a 2.19% return, which is significantly higher than DSEEX's -5.30% return.
PVAL
- 1D
- 0.37%
- 1M
- -3.62%
- YTD
- 2.19%
- 6M
- 9.24%
- 1Y
- 23.95%
- 3Y*
- 20.38%
- 5Y*
- —
- 10Y*
- —
DSEEX
- 1D
- 2.04%
- 1M
- -7.64%
- YTD
- -5.30%
- 6M
- -5.08%
- 1Y
- 1.67%
- 3Y*
- 11.05%
- 5Y*
- 5.79%
- 10Y*
- 11.79%
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PVAL vs. DSEEX - Expense Ratio Comparison
PVAL has a 0.55% expense ratio, which is higher than DSEEX's 0.54% expense ratio.
Return for Risk
PVAL vs. DSEEX — Risk / Return Rank
PVAL
DSEEX
PVAL vs. DSEEX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Putnam Focused Large Cap Value ETF (PVAL) and DoubleLine Shiller Enhanced CAPE (DSEEX). 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.
| PVAL | DSEEX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.49 | 0.14 | +1.36 |
Sortino ratioReturn per unit of downside risk | 2.06 | 0.31 | +1.75 |
Omega ratioGain probability vs. loss probability | 1.32 | 1.04 | +0.28 |
Calmar ratioReturn relative to maximum drawdown | 1.98 | 0.28 | +1.70 |
Martin ratioReturn relative to average drawdown | 8.77 | 1.06 | +7.71 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| PVAL | DSEEX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.49 | 0.14 | +1.36 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.25 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.55 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.96 | 0.59 | +0.37 |
Correlation
The correlation between PVAL and DSEEX is 0.83, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
PVAL vs. DSEEX - Dividend Comparison
PVAL's dividend yield for the trailing twelve months is around 0.98%, less than DSEEX's 4.77% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PVAL Putnam Focused Large Cap Value ETF | 0.98% | 1.00% | 1.34% | 1.33% | 0.59% | 0.47% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
DSEEX DoubleLine Shiller Enhanced CAPE | 4.77% | 4.93% | 4.92% | 4.59% | 16.41% | 28.54% | 1.73% | 7.57% | 15.27% | 9.09% | 4.09% | 4.43% |
Drawdowns
PVAL vs. DSEEX - Drawdown Comparison
The maximum PVAL drawdown since its inception was -16.64%, smaller than the maximum DSEEX drawdown of -41.66%. Use the drawdown chart below to compare losses from any high point for PVAL and DSEEX.
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Drawdown Indicators
| PVAL | DSEEX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.64% | -41.66% | +25.02% |
Max Drawdown (1Y)Largest decline over 1 year | -11.94% | -10.96% | -0.98% |
Max Drawdown (5Y)Largest decline over 5 years | — | -41.66% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -41.66% | — |
Current DrawdownCurrent decline from peak | -4.98% | -8.48% | +3.50% |
Average DrawdownAverage peak-to-trough decline | -3.10% | -8.54% | +5.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.70% | 2.92% | -0.22% |
Volatility
PVAL vs. DSEEX - Volatility Comparison
The current volatility for Putnam Focused Large Cap Value ETF (PVAL) is 4.44%, while DoubleLine Shiller Enhanced CAPE (DSEEX) has a volatility of 5.00%. This indicates that PVAL experiences smaller price fluctuations and is considered to be less risky than DSEEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PVAL | DSEEX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.44% | 5.00% | -0.56% |
Volatility (6M)Calculated over the trailing 6-month period | 8.51% | 8.00% | +0.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.11% | 15.29% | +0.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.38% | 22.84% | -7.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.38% | 21.69% | -6.31% |