SPIB vs PVAL

Comparison between STATE STREET(R) SPDR(R) PORTFOLIO INTERMEDIATE TERM CORPORATE BOND ETF (SPIB, ETF) and Putnam Focused Large Cap Value ETF (PVAL, ETF).

5-Year PerformancePVAL has outperformed SPIB, delivering a return of +17.2% compared to +1.6%

SPIB vs PVAL - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SPIB(ETF)	PVAL(ETF)
Net Assets	$12B	$12B
Expense Ratio	0.04%	0.55%
Max Drawdown	17.32%	16.64%
Sharpe Ratio	-0.30	2.47
5Y Beta	0.06	0.74
P/E Ratio	N/A	21.76
Forward P/E	N/A	17.14
PEG Ratio	N/A	0.24
5Y Dividends CAGR	16.50%	N/A
5Y EPS CAGR	N/A	12.63%
Debt to Equity	N/A	40.04%
P/S Ratio	N/A	1.85
P/B Ratio	N/A	3.28

Net Assets

SPIB

$12B

Winner

PVAL

$12B

Expense Ratio

Winner

SPIB

0.04%

PVAL

0.55%

Max Drawdown

SPIB

17.32%

Winner

PVAL

16.64%

Sharpe Ratio

SPIB

-0.30

Winner

PVAL

2.47

5Y Beta

Winner

SPIB

0.06

PVAL

0.74

P/E Ratio

SPIB

N/A

PVAL

21.76

Forward P/E

SPIB

N/A

PVAL

17.14

PEG Ratio

SPIB

N/A

PVAL

0.24

5Y Dividends CAGR

SPIB

16.50%

PVAL

N/A

5Y EPS CAGR

SPIB

N/A

PVAL

12.63%

Debt to Equity

SPIB

N/A

PVAL

40.04%

P/S Ratio

SPIB

N/A

PVAL

1.85

P/B Ratio

SPIB

N/A

PVAL

3.28

SPIB vs PVAL - Historical Returns

Returns include dividend reinvestment.

Period	SPIB	PVAL
1 month	-0.43%	+4.31%
3 months	-0.13%	+9.39%
6 months	-0.03%	+11.08%
1 year	+2.91%	+35.71%
5 years(CAGR)	+1.65%	+17.24%
10 years(CAGR)	+2.71%	N/A
Max(CAGR)	+3.81%	+17.10%

SPIB

-0.43%

Winner

PVAL

+4.31%

SPIB

-0.13%

Winner

PVAL

+9.39%

SPIB

-0.03%

Winner

PVAL

+11.08%

SPIB

+2.91%

Winner

PVAL

+35.71%

5Y(CAGR)

SPIB

+1.65%

Winner

PVAL

+17.24%

10Y(CAGR)

SPIB

+2.71%

PVAL

N/A

Max(CAGR)

SPIB

+3.81%

Winner

PVAL

+17.10%

SPIB vs PVAL - Annual Returns (2009 - 2026)

Returns include dividend reinvestment.

Year	SPIB	PVAL
2026	+0.47%	+18.25%
2025	+7.91%	+24.59%
2024	+4.62%	+18.93%
2023	+6.97%	+18.99%
2022	-9.31%	-2.65%
2021	-1.13%	+11.43%
2020	+7.69%	N/A
2019	+10.13%	N/A
2018	-0.40%	N/A
2017	+3.73%	N/A
2016	+3.88%	N/A
2015	+0.16%	N/A
2014	+4.26%	N/A
2013	-0.46%	N/A
2012	+8.54%	N/A
2011	+5.90%	N/A
2010	+6.96%	N/A
2009	+8.44%	N/A

SPIB vs PVAL Drawdown Comparison

The maximum drawdown for SPIB was -14.94%, occurring on Mar 19, 2020. Recovery took 62 trading sessions.

The maximum drawdown for PVAL was -16.64%, occurring on Sep 30, 2022. Recovery took 211 trading sessions.

The current SPIB drawdown is -0.74%. The current PVAL drawdown is -0.22%.

Rank	SPIB	PVAL
#1	-14.94% Mar 4, 2020 - Jun 2, 2020	-16.64% Mar 30, 2022 - Feb 1, 2023
#2	-14.80% Aug 3, 2021 - Sep 4, 2024	-15.40% Nov 29, 2024 - Jun 24, 2025
#3	-5.36% Feb 20, 2009 - May 7, 2009	-8.75% Feb 14, 2023 - Jun 15, 2023
#4	-4.59% May 2, 2013 - Apr 8, 2014	-8.67% Jul 31, 2023 - Dec 1, 2023
#5	-3.75% Nov 4, 2010 - Apr 29, 2011	-7.63% Jan 4, 2022 - Mar 29, 2022
#6	-2.98% Sep 6, 2016 - Apr 18, 2017	-7.22% Feb 9, 2026 - Apr 17, 2026
#7	-2.88% Aug 10, 2011 - Nov 3, 2011	-6.98% Jul 16, 2024 - Aug 30, 2024
#8	-2.83% Sep 7, 2017 - Jan 23, 2019	-5.37% Nov 24, 2021 - Dec 29, 2021
#9	-2.55% Dec 31, 2020 - Jul 20, 2021	-4.28% Mar 28, 2024 - May 9, 2024
#10	-2.44% Oct 1, 2024 - Feb 25, 2025	-4.27% Jun 8, 2021 - Jul 2, 2021
#11	-2.12% Apr 17, 2015 - Mar 16, 2016	-4.18% Jul 2, 2021 - Aug 3, 2021
#12	-2.02% Feb 27, 2026 - Mar 26, 2026	-3.86% Aug 30, 2024 - Sep 19, 2024
#13	-1.98% Apr 3, 2025 - Apr 29, 2025	-3.83% Aug 27, 2021 - Oct 14, 2021
#14	-1.85% Jun 3, 2009 - Jun 25, 2009	-3.46% Jul 23, 2025 - Aug 20, 2025
#15	-1.77% May 6, 2010 - Jun 29, 2010	-3.36% Nov 12, 2025 - Nov 26, 2025

Correlation

Correlation between SPIB and PVAL is 0.85 which considered as a strong positive correlation - the stocks tend to move together.

0.85

-101

Dividend Comparison (2009 - 2026)

SPIB vs PVAL dividend yield comparison.

Year	SPIB	PVAL
2026	2.63%	0.49%
2025	4.42%	1.00%
2024	4.41%	1.34%
2023	3.84%	1.33%
2022	2.65%	0.59%
2021	1.58%	0.47%
2020	2.18%	0.00%
2019	3.03%	0.00%
2018	3.04%	0.00%
2017	2.79%	0.00%
2016	2.68%	0.00%
2015	2.69%	0.00%
2014	2.65%	0.00%
2013	3.04%	0.00%
2012	3.28%	0.00%
2011	3.70%	0.00%
2010	4.16%	0.00%
2009	4.25%	0.00%