XVV vs. PULT

Last updated Jul 17, 2026

XVV (iShares ESG Screened S&P 500 ETF) and PULT (Putnam ESG Ultra Short ETF) are both exchange-traded funds - XVV is a S&P 500 fund tracking the S&P 500 Sustainablility Screened Index, while PULT is a Ultrashort Bond fund actively managed by Putnam. XVV is passively managed, while PULT is actively managed. At a 0.04 correlation, their price movements are largely independent. XVV charges 0.08%/yr vs 0.25%/yr for PULT.

Performance

XVV vs. PULT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares ESG Screened S&P 500 ETF (XVV) and Putnam ESG Ultra Short ETF (PULT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

XVV

• 1D: -0.46%
• 1M: 0.87%
• 6M: 8.76%
• YTD: 9.66%
• 1Y: 20.92%
• 3Y*: 20.00%
• 5Y*: 12.92%
• 10Y*: —

PULT

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

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

XVV vs. PULT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
XVV iShares ESG Screened S&P 500 ETF	9.66%	17.53%	25.87%	27.08%
PULT Putnam ESG Ultra Short ETF	1.23%	5.08%	5.93%	5.47%

Correlation

The correlation between XVV and PULT is 0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.06
Correlation (3Y) Calculated over the trailing 3-year period	0.05
Correlation (All Time) Calculated using the full available price history since Jan 20, 2023	0.04

Return for Risk

XVV vs. PULT — Risk / Return Rank

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

XVV

XVV Risk / Return Rank: 56
XVV Sharpe Ratio Rank: 59
XVV Sortino Ratio Rank: 56
XVV Omega Ratio Rank: 57
XVV Calmar Ratio Rank: 48
XVV Martin Ratio Rank: 60

PULT

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.

XVV vs. PULT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares ESG Screened S&P 500 ETF (XVV) and Putnam ESG Ultra Short ETF (PULT). 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.

	XVV	PULT	Difference
Sharpe ratio: Return per unit of total volatility	1.58	—	—
Sortino ratio: Return per unit of downside risk	2.19	—	—
Omega ratio: Gain probability vs. loss probability	1.29	—	—
Calmar ratio: Return relative to maximum drawdown	1.98	—	—
Martin ratio: Return relative to average drawdown	8.34	—	—

Drawdowns

Drawdown Indicators

	XVV	PULT	Difference
Max Drawdown Largest peak-to-trough decline	-27.20%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-10.59%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-19.59%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-27.20%	—	—
Current Drawdown Current decline from peak	-0.60%	—	—
Average Drawdown Average peak-to-trough decline	-5.80%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	2.52%	—	—

Volatility

Volatility by Period

	XVV	PULT	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.60%	—	—
Volatility (6M) Calculated over the trailing 6-month period	10.64%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	13.30%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.72%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.31%	—	—

XVV vs. PULT - Expense Ratio Comparison

XVV has a 0.08% expense ratio, which is lower than PULT's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

XVV vs. PULT - Dividend Comparison

XVV's dividend yield for the trailing twelve months is around 0.92%, while PULT has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020
PULT Putnam ESG Ultra Short ETF	3.89%	4.59%	5.38%	4.88%	0.00%	0.00%	0.00%
XVV iShares ESG Screened S&P 500 ETF	0.92%	0.94%	1.05%	1.25%	1.57%	0.81%	0.31%

Frequently Asked Questions

Can I hold both XVV and PULT in my portfolio?

XVV and PULT have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XVV or PULT?

On fees, XVV is cheaper at 0.08% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XVV or PULT?

XVV is cheaper with a 0.08% expense ratio, compared with 0.25% for PULT.

Which ETF pays a higher dividend yield, XVV or PULT?

PULT has the higher dividend yield at 3.89%, compared with 0.92% for XVV.

What is the main difference between XVV and PULT?

XVV is categorized as S&P 500, while PULT is Ultrashort Bond. They also come from different issuers: iShares and Putnam. Their fees differ too: 0.08% for XVV and 0.25% for PULT.