Data as of Oct 28, 2026.

vsCompare their flowsaskIQ about these two fundsAsk the committee about these two funds
Across categories

PVAL vs SHV: Differences, Returns & Fees

Share
Share on XDownload as PDF

Over the year to Oct 28, 2026, PVAL returned +26.6% to SHV's +3.6%; 0% of their weight is in the same names.

askIQ about this page

askIQ about PVAL and SHV

Net assets: $14.1bn on Aug 31, 2026 for Putnam Focused Large Cap Value ETF, and $21.7bn on Oct 27, 2026 for iShares 0-1 Year Treasury Bond ETF.

At a glance
+26.6%
PVAL total return, 1 year
+3.6%
SHV total return, 1 year
0.55%
PVAL expense ratio
0.15%
SHV expense ratio

Pair scorecard

SHV costs 0.40 points a year less; their one-year returns differ by 23.0 points.

PVAL vs SHV: Differences, Returns & Fees
MeasurePVALSHV
Return
Total return, 1 year+26.6%+3.6%
Benchmark
What it tracksNo index, actively managedICE Short US Treasury Securities Index
Cost and size
Expense ratio0.55%0.15%
Net assets, PVAL as of Aug 31, 2026 and SHV as of Oct 27, 2026$14.1bn$21.7bn
Holdings
Holdings in common0%
In the S&P 500, by weight91%
Top ten holdings, share of the fund42.8%

Holdings in common uses holdings dated Aug 31, 2026 and Oct 27, 2026. Method

What they share

0%

By the books each fund has filed, PVAL and SHV hold 0% of their money in the same securities at the same weight. Holdings dated Aug 31, 2026 and Oct 27, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first PVAL SHV
Only in one fund ↓
Only in PVAL
MICROSOFT CORP 9.27%
APPLE INC 6.70%
AMAZON.COM INC 4.71%
EXXONMOBIL HOLDINGS CORP 3.77%
CHARLES SCHWAB CORP (THE) 3.25%
CITIGROUP INC 3.25%
FREEPORT-MCMORAN INC 3.13%
COCA-COLA COMPANY (THE) 2.95%
Only in SHV
TREASURY BILL 4.98%
TREASURY BILL 4.17%
TREASURY BILL 3.90%
TREASURY BILL 3.72%
TREASURY BILL 3.58%
TREASURY BILL 3.48%
TREASURY BILL 3.35%
TREASURY BILL 3.31%
Check overlap with more funds →

Side by side

PVAL Putnam Focused Large Cap Value ETF SHV iShares 0-1 Year Treasury Bond ETF
Where it sits Stock ETF Bond ETF
What it is Actively managed Tracks an index of 0-1 Year Treasury Bond
Total return, 1 year +26.6% +3.6%
Its benchmark over the same days +27.5% (IWD) not measured
Gap to its benchmark −0.9 pts vs IWD not measured
Expense ratio 0.55% 0.15%
Holdings 44 66
Net assets, PVAL as of Aug 31, 2026 and SHV as of Oct 27, 2026 $14.1bn $21.7bn

PVAL and SHV on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Alert

SHV flows, by email on Sundays.

One-click unsubscribe. See Privacy.

About each fund
PVAL

Over the year to Oct 28, 2026 it returned +26.6% with distributions reinvested, against +27.5% for its benchmark, the Russell 1000 Value Index.

PVAL is actively managed and tracks no index. The prospectus expense ratio is 0.55% a year. By its holdings filed for Aug 31, 2026, 91% of the fund by weight is stocks the S&P 500 also holds, across 44 positions, with the top ten at 42.8%.

SHV

SHV tracks an index of 0-1 Year Treasury Bond. Over the year to Oct 28, 2026 it returned +3.6% with distributions reinvested. The prospectus expense ratio is 0.15% a year.

Questions people ask

Which returned more over the last year, PVAL or SHV?
In the year to Oct 28, 2026, with distributions reinvested, PVAL returned +26.6% and SHV +3.6%.
Which is cheaper, PVAL or SHV?
SHV is cheaper, by 0.40 percentage points a year. That is about $40 on $10,000 held for a year. Fees come from each fund's prospectus.
Other comparisons
Cite this pageCitation, APA and Markdown

ETFIQ, PVAL against SHV, data as of Oct 28, 2026. https://etfiq.com/compare/any/pval-vs-shv

Open data →

Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.