PVAL vs. VFFVX
PVAL (Putnam Focused Large Cap Value ETF) and VFFVX (Vanguard Target Retirement 2055 Fund) are both funds - PVAL is a Large Cap Value Equities fund actively managed by Putnam, while VFFVX is a Target Retirement Date fund managed by Vanguard. Over the past 5 years, PVAL returned 17.22%/yr vs 9.56%/yr for VFFVX. Their correlation of 0.84 means they have usually moved in the same direction. PVAL charges 0.55%/yr vs 0.08%/yr for VFFVX.
Performance
PVAL vs. VFFVX - Performance Comparison
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Returns By Period
In the year-to-date period, PVAL achieves a 17.84% return, which is significantly higher than VFFVX's 10.01% return.
PVAL
- 1D
- 0.06%
- 1M
- 3.62%
- 6M
- 13.49%
- YTD
- 17.84%
- 1Y
- 35.15%
- 3Y*
- 22.28%
- 5Y*
- 17.22%
- 10Y*
- —
- ALL TIME*
- 16.94%
VFFVX
- 1D
- 1.89%
- 1M
- -0.46%
- 6M
- 6.79%
- YTD
- 10.01%
- 1Y
- 21.67%
- 3Y*
- 16.62%
- 5Y*
- 9.56%
- 10Y*
- 11.42%
- ALL TIME*
- 11.00%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $116.61M | $103.87M | $91.12M | |
| $0.00 | $0.00 | $0.00 |
PVAL vs. VFFVX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
PVAL Putnam Focused Large Cap Value ETF | 17.84% | 24.13% | 19.30% | 18.41% | -2.61% | 11.77% |
VFFVX Vanguard Target Retirement 2055 Fund | 10.01% | 21.44% | 14.50% | 20.39% | -17.48% | 6.57% |
Correlation
The correlation between PVAL and VFFVX is 0.76, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.76 |
Correlation (3Y) Balances recent behavior with more history. | 0.80 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.84 |
Correlation (All Time) Calculated using the full available price history since May 26, 2021 | 0.84 |
The correlation between PVAL and VFFVX has been stable across timeframes, ranging from 0.76 to 0.84 - a consistent structural relationship.
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Return for Risk
PVAL vs. VFFVX — Risk / Return Rank
PVAL
VFFVX
PVAL vs. VFFVX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Putnam Focused Large Cap Value ETF (PVAL) and Vanguard Target Retirement 2055 Fund (VFFVX). 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.
| PVAL | VFFVX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.38 | ||
| Sortino ratioReturn per unit of downside risk | +1.90 | ||
| Omega ratioGain probability vs. loss probability | 1.54 | 1.29 | +0.25 |
| Calmar ratioReturn relative to maximum drawdown | 4.60 | 2.23 | +2.37 |
| Martin ratioReturn relative to average drawdown | 17.86 | 9.30 | +8.56 |
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Drawdowns
PVAL vs. VFFVX - Drawdown Comparison
The maximum PVAL drawdown since its inception was -16.64%, smaller than the maximum VFFVX drawdown of -31.40%. Use the drawdown chart below to compare losses from any high point for PVAL and VFFVX.
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Drawdown Indicators
| PVAL | VFFVX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.64% | -31.40% | +14.76% |
Max Drawdown (1Y)Largest decline over 1 year | -7.22% | -8.93% | +1.71% |
Max Drawdown (3Y)Largest decline over 3 years | -15.42% | -14.52% | -0.90% |
Max Drawdown (5Y)Largest decline over 5 years | -16.64% | -25.39% | +8.75% |
Max Drawdown (10Y)Largest decline over 10 years | — | -31.40% | — |
Current DrawdownCurrent decline from peak | 0.00% | -1.93% | +1.93% |
Average DrawdownAverage peak-to-trough decline | -2.94% | -4.12% | +1.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.86% | 2.14% | -0.28% |
Volatility
PVAL vs. VFFVX - Volatility Comparison
The current volatility for Putnam Focused Large Cap Value ETF (PVAL) is 3.11%, while Vanguard Target Retirement 2055 Fund (VFFVX) has a volatility of 3.74%. This indicates that PVAL experiences smaller price fluctuations and is considered to be less risky than VFFVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PVAL | VFFVX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.11% | 3.74% | -0.63% |
Volatility (6M)Calculated over the trailing 6-month period | 8.56% | 10.50% | -1.94% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.24% | 12.60% | -1.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.24% | 14.36% | +0.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.14% | 15.08% | +0.06% |
PVAL vs. VFFVX - Expense Ratio Comparison
PVAL has a 0.55% expense ratio, which is higher than VFFVX's 0.08% expense ratio.
Dividends
PVAL vs. VFFVX - Dividend Comparison
PVAL's dividend yield for the trailing twelve months is around 0.90%, less than VFFVX's 1.89% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PVAL Putnam Focused Large Cap Value ETF | 0.90% | 1.00% | 1.34% | 1.33% | 0.59% | 0.47% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VFFVX Vanguard Target Retirement 2055 Fund | 1.89% | 2.08% | 2.31% | 2.18% | 2.19% | 10.03% | 1.82% | 2.15% | 2.35% | 1.83% | 1.99% | 1.98% |
Frequently Asked Questions
PVAL and VFFVX have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VFFVX has higher volatility (3.74%) compared to PVAL (3.11%). In terms of maximum drawdown, PVAL dropped -16.64% vs VFFVX's -31.40%.
PVAL currently has the higher Sharpe Ratio (2.96 vs 1.58), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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