Data as of Oct 28, 2026.
PVAL vs VTI: Differences, Returns & Fees
Over the year to Oct 28, 2026, PVAL returned +26.6% to VTI's +13.5%; 25% of their weight is in the same names.
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Net assets: $14.1bn on Aug 31, 2026 for Putnam Focused Large Cap Value ETF, and $689.2bn on Sep 30, 2026 for Vanguard Morningstar Total Stock Market ETF.
Pair scorecard
VTI costs 0.52 points a year less; their one-year returns differ by 13.1 points.
| Measure | PVAL | VTI |
|---|---|---|
| Return | ||
| Total return, 1 year | +26.6% | +13.5% |
| Benchmark | ||
| What it tracks | No index, actively managed | Morningstar US Total Market Index |
| Cost and size | ||
| Expense ratio | 0.55% | 0.03% |
| Net assets, PVAL as of Aug 31, 2026 and VTI as of Sep 30, 2026 | $14.1bn | $689.2bn |
| Holdings | ||
| Holdings in common | 25% | |
| Top ten holdings, share of the fund | 42.8% | 34.7% |
Holdings in common uses holdings dated Aug 31, 2026 and Sep 30, 2026. Method
Risk and return
Jun 4, 2021 to Oct 23, 2026 · 281 weekly returnsPVAL returned more: +123.6% to +83.4%. PVAL swung slightly less: 14.9% to 16.2%. PVAL fell less at its worst: −15.6% to −24.9%.
Full scorecard
9 measures, with how each is measured Open ↓
| Measure | PVAL | VTI | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +123.6% | +83.4% | PVAL | Price change plus distributions, reinvested. |
| Annualized | +16.1% | +11.9% | PVAL | Total return as a yearly rate. |
| Price return | +111.2% | +70.0% | PVAL | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 14.9% | 16.2% | PVAL (slight) | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 10.1% | 10.9% | PVAL (slight) | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −15.6% | −24.9% | PVAL | Deepest fall from a high to the low after it. |
| Risk-adjusted | ||||
| Sharpe | 0.83 | 0.55 | PVAL | Return above Treasury bills per unit of volatility. |
| Sortino | 1.23 | 0.82 | PVAL | Return above Treasury bills per unit of downside deviation. |
| Calmar | 1.03 | 0.48 | PVAL | Annualized return divided by the max drawdown. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 281 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, PVAL and VTI hold 25% of their money in the same securities at the same weight. Holdings dated Aug 31, 2026 and Sep 30, 2026.
half
25% in common
Only in one fund ↓
Side by side
PVAL and VTI on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
PVAL and VTI do different jobs. What does each one do in a portfolio?
- What each follows. PVAL follows No index, actively managed and VTI follows Morningstar US Total Market Index.
- Holdings in common. 25% of the weight is in the same securities (holdings dated Aug 31, 2026 and Sep 30, 2026).
- One-year total return. Over 1 year to Oct 28, 2026 PVAL returned +26.6% and VTI +13.5% with distributions reinvested, a gap of 13.1 points.
Data as of Oct 28, 2026.
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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%.
VTI
VTI tracks an index of US total market. Over the year to Oct 28, 2026 it returned +13.5% with distributions reinvested. The prospectus expense ratio is 0.03% a year. By its holdings published by its issuer as of Sep 30, 2026, 88% of the fund by weight is stocks the S&P 500 also holds, across 3,521 positions, with the top ten at 34.7%.
Questions people ask
- Which returned more over the last year, PVAL or VTI?
- In the year to Oct 28, 2026, with distributions reinvested, PVAL returned +26.6% and VTI +13.5%.
- Which is cheaper, PVAL or VTI?
- VTI is cheaper, by 0.52 percentage points a year. That is about $52 on $10,000 held for a year. Fees come from each fund's prospectus.
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
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ETFIQ, PVAL against VTI, data as of Oct 28, 2026. https://etfiq.com/compare/any/pval-vs-vti
ETFIQ. (Oct 28, 2026). PVAL against VTI. Retrieved from https://etfiq.com/compare/any/pval-vs-vti
[PVAL against VTI (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/pval-vs-vti)
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