Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
PULS vs PVAL: how they differ
PULS and PVAL hold 0% of their weight in the same names, and PVAL returned more over the year.
PGIM Ultra Short Bond ETF and Putnam Focused Large Cap Value ETF.
What they hold in common
By the books each fund has filed, PULS and PVAL hold 0% of their money in the same securities at the same weight.
| Only in PULS | Only in PVAL |
|---|---|
| PGIM ETF Trust 2.38% | CISCO SYSTEMS INC 6.06% |
| GLENCORE FUNDING LLC 0.98% | CITIGROUP INC 4.68% |
| Alexandria Real Estate Equities, Inc. 0.87% | EXXON MOBIL CORP 3.66% |
| ABN AMRO BANK NV 0.75% | ALPHABET INC 3.33% |
| BX TRUST 2022-LBA6 0.68% | ADVANCED MICRO DEVICES INC 3.09% |
| FEDERATION DES CAISSES DESJARDINS DU QUE 0.67% | SEAGATE TECHNOLOGY HOLDINGS PLC 3.08% |
| BX TRUST 2018-BILT 0.56% | AMAZON.COM INC 2.96% |
| BROADCOM INC 0.56% | MICROSOFT CORP 2.96% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated May 29, 2026.
| PULS PGIM Ultra Short Bond ETF | PVAL Putnam Focused Large Cap Value ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | PGIM | Putnam |
| What it is | PGIM Ultra Short Bond | Putnam Focused Large Cap Value |
| Total return, 1 year | +4.2% | +28.4% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −13.3 pts | +10.8 pts |
| Expense ratio | 0.15% | not published |
| Holdings | 553 | 45 |
PULS in plain words
PULS is a cash and treasury bills tracking the PGIM Ultra Short Bond. Over the year to Sep 11, 2026 it returned +4.2% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.15% 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, PULS or PVAL?
- In the year to Sep 12, 2026, with distributions reinvested, PULS returned +4.2% and PVAL returned +28.4%, so PVAL returned more. One year is one year; the longer windows are in the table.
Other comparisons
Where to next
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.
Cite this page. ETFIQ, PULS against PVAL, data as of Sep 12, 2026. https://etfiq.com/compare/any/PULS-PVAL Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources