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

In the year to Sep 13, 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.

Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

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.

Largest positions each one holds and the other does not
Only in PVAL	Only in USHY
CISCO SYSTEMS INC 6.06%	BLK CSH FND TREASURY SL AGENCY 1.17%
CITIGROUP INC 4.68%	1261229 BC LTD 144A 0.49%
EXXON MOBIL CORP 3.66%	MERIDIAN ARC HOLDCO LLC 144A 0.38%
ALPHABET INC 3.33%	PR RNO PROPERTY OWNER 1 LLC 144A 0.29%
ADVANCED MICRO DEVICES INC 3.09%	GALAXY HELIOS DATA CENTERS II LLC 144A 0.24%
SEAGATE TECHNOLOGY HOLDINGS PLC 3.08%	SV RNO PROPERTY OWNER 1 LLC 144A 0.24%
AMAZON.COM INC 2.96%	WULF COMPUTE LLC 144A 0.24%
MICROSOFT CORP 2.96%	CORE SCIENTIFIC FINANCE I LLC 144A 0.23%

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 and Sep 10, 2026.

PVAL and USHY on the fields both publish, as of Sep 13, 2026. Source: ETFIQ.
	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	1871

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 13, 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

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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.

PVAL against USHY, ETFIQ, data as of Sep 13, 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, PVAL against USHY, data as of Sep 13, 2026. https://etfiq.com/compare/any/pval-vs-ushy Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources