Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
PVAL vs USHY: how they differ
PVAL and USHY hold 0% of their weight in the same names, and PVAL returned more over the year.
Putnam Focused Large Cap Value ETF and iShares Broad USD High Yield Corporate Bond ETF.
What they hold in common
By the books each fund has filed, PVAL and USHY hold 0% of their money in the same securities at the same weight.
| Only in PVAL | Only in USHY |
|---|---|
| CISCO SYSTEMS INC 6.06% | 1261229 BC LTD 0.48% |
| CITIGROUP INC 4.68% | ECHOSTAR CORP 0.42% |
| EXXON MOBIL CORP 3.66% | QUIKRETE HOLDINGS INC 0.29% |
| ALPHABET INC 3.33% | SV RNO PROPERTY OWNER 1 0.28% |
| ADVANCED MICRO DEVICES INC 3.09% | CLOUD SOFTWARE GRP INC 0.27% |
| SEAGATE TECHNOLOGY HOLDINGS PLC 3.08% | WULF COMPUTE LLC 0.26% |
| AMAZON.COM INC 2.96% | ASURION LLC/ASURION CO 0.26% |
| MICROSOFT CORP 2.96% | HUB INTERNATIONAL LTD 0.26% |
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 Apr 30, 2026 and May 29, 2026.
| PVAL Putnam Focused Large Cap Value ETF | USHY iShares Broad USD High Yield Corporate Bond ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Putnam | iShares |
| What it is | Putnam Focused Large Cap Value | Broad USD High Yield Corporate Bond |
| Total return, 1 year | +28.4% | +3.3% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +10.8 pts | −14.2 pts |
| Expense ratio | not published | 0.08% |
| Holdings | 45 | 1894 |
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%.
USHY in plain words
USHY is a bond fund tracking the Broad USD High Yield Corporate Bond. Over the year to Sep 11, 2026 it returned +3.3% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.08% a year.
Questions people ask
- Which returned more over the last year, PVAL or USHY?
- In the year to Sep 12, 2026, with distributions reinvested, PVAL returned +28.4% and USHY returned +3.3%, 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, PVAL against USHY, data as of Sep 12, 2026. https://etfiq.com/compare/any/PVAL-USHY Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources