Which returned more over the last year, DBMF or PVAL?

In the year to Sep 12, 2026, with distributions reinvested, DBMF returned +25.4% and PVAL returned +28.4%, so PVAL returned more. One year is one year; the longer windows are in the table.

Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

DBMF vs PVAL: how they differ

DBMF and PVAL are both equity index funds, and over the year PVAL returned more, +28.4% against +25.4%.

iMGP DBi Managed Futures Strategy ETF and Putnam Focused Large Cap Value ETF.

DBMF and PVAL on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
	DBMF iMGP DBi Managed Futures Strategy ETF	PVAL Putnam Focused Large Cap Value ETF
Where it sits	Core index fund	Core index fund
Issuer	iMGP	Putnam
What it is	iMGP DBi Managed Futures Strategy	Putnam Focused Large Cap Value
Total return, 1 year	+25.4%	+28.4%
S&P 500 over the same days	+17.5%	+17.5%
Gap to the S&P 500	+7.9 pts	+10.8 pts
Expense ratio	0.85%	not published
Holdings	not filed	45

DBMF in plain words

DBMF is an index equity fund tracking the iMGP DBi Managed Futures Strategy. Over the year to Sep 11, 2026 it returned +25.4% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.85% a year.

PVAL in plain words

PVAL is an index equity fund tracking the Putnam Focused Large Cap Value. Over the year to Sep 11, 2026 it returned +28.4% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. By its holdings filed for May 29, 2026, 95% of the fund by weight is stocks the S&P 500 also holds, across 45 positions, with the top ten at 35.6%.

Questions people ask

Which returned more over the last year, DBMF or PVAL?: In the year to Sep 12, 2026, with distributions reinvested, DBMF returned +25.4% and PVAL returned +28.4%, so PVAL returned more. One year is one year; the longer windows are in the table.

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Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

DBMF against PVAL, ETFIQ, data as of Sep 12, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, DBMF against PVAL, data as of Sep 12, 2026. https://etfiq.com/compare/any/DBMF-PVAL Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources