SPSB vs PVAL

Comparison between SPDR(R) PORTFOLIO SHORT TERM CORPORATE BOND ETF (SPSB, ETF) and Putnam Focused Large Cap Value ETF (PVAL, ETF).

5-Year PerformancePVAL has outperformed SPSB, delivering a return of +15.9% compared to +2.7%

SPSB vs PVAL - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SPSB(ETF)	PVAL(ETF)
Net Assets	$10B	$10B
Expense Ratio	0.04%	0.55%
Max Drawdown	11.75%	16.64%
Sharpe Ratio	0.63	2.30
5Y Beta	0.01	0.76
P/E Ratio	N/A	20.80
Forward P/E	N/A	15.75
PEG Ratio	N/A	0.39
5Y Dividends CAGR	22.57%	N/A
5Y EPS CAGR	N/A	11.29%
Debt to Equity	N/A	32.31%
P/S Ratio	N/A	1.56
P/B Ratio	N/A	2.94

Net Assets

SPSB

$10B

PVAL

$10B

Expense Ratio

Winner

SPSB

0.04%

PVAL

0.55%

Max Drawdown

Winner

SPSB

11.75%

PVAL

16.64%

Sharpe Ratio

SPSB

0.63

Winner

PVAL

2.30

5Y Beta

Winner

SPSB

0.01

PVAL

0.76

P/E Ratio

SPSB

N/A

PVAL

20.80

Forward P/E

SPSB

N/A

PVAL

15.75

PEG Ratio

SPSB

N/A

PVAL

0.39

5Y Dividends CAGR

SPSB

22.57%

PVAL

N/A

5Y EPS CAGR

SPSB

N/A

PVAL

11.29%

Debt to Equity

SPSB

N/A

PVAL

32.31%

P/S Ratio

SPSB

N/A

PVAL

1.56

P/B Ratio

SPSB

N/A

PVAL

2.94

SPSB vs PVAL - Historical Returns

Returns include dividend reinvestment.

Period	SPSB	PVAL
1 month	+0.06%	+2.80%
3 months	+0.09%	+3.41%
6 months	+1.45%	+12.51%
1 year	+4.63%	+30.34%
5 years(CAGR)	+2.70%	+15.88%
10 years(CAGR)	+2.61%	N/A
Max(CAGR)	+2.28%	+15.88%

SPSB

+0.06%

Winner

PVAL

+2.80%

SPSB

+0.09%

Winner

PVAL

+3.41%

SPSB

+1.45%

Winner

PVAL

+12.51%

SPSB

+4.63%

Winner

PVAL

+30.34%

5Y(CAGR)

SPSB

+2.70%

Winner

PVAL

+15.88%

10Y(CAGR)

SPSB

+2.61%

PVAL

N/A

Max(CAGR)

SPSB

+2.28%

Winner

PVAL

+15.88%

SPSB vs PVAL - Annual Returns (2009 - 2026)

Returns include dividend reinvestment.

Year	SPSB	PVAL
2026	+0.61%	+8.13%
2025	+5.90%	+24.59%
2024	+5.39%	+18.93%
2023	+5.53%	+18.99%
2022	-3.19%	-2.65%
2021	-0.20%	+11.43%
2020	+3.83%	N/A
2019	+5.21%	N/A
2018	+1.45%	N/A
2017	+1.68%	N/A
2016	+2.09%	N/A
2015	+0.87%	N/A
2014	+0.87%	N/A
2013	+1.12%	N/A
2012	+3.04%	N/A
2011	+1.28%	N/A
2010	+2.81%	N/A
2009	-1.14%	N/A

SPSB vs PVAL Drawdown Comparison

The maximum drawdown for SPSB was -11.75%, occurring on Mar 19, 2020. Recovery took 51 trading sessions.

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

The current SPSB drawdown is -0.14%.

Rank	SPSB	PVAL
#1	-11.75% Mar 5, 2020 - May 18, 2020	-16.64% Mar 30, 2022 - Feb 1, 2023
#2	-5.96% Sep 14, 2021 - Nov 28, 2023	-15.40% Nov 29, 2024 - Jun 24, 2025
#3	-1.39% Aug 1, 2011 - Jan 10, 2012	-8.75% Feb 14, 2023 - Jun 15, 2023
#4	-1.28% Dec 17, 2009 - Jul 14, 2010	-8.67% Jul 31, 2023 - Dec 1, 2023
#5	-1.02% Nov 4, 2010 - Jan 28, 2011	-7.63% Jan 4, 2022 - Mar 29, 2022
#6	-0.93% Sep 7, 2017 - Jul 30, 2018	-7.22% Feb 9, 2026 - Apr 17, 2026
#7	-0.87% Feb 23, 2026 - Apr 17, 2026	-6.98% Jul 16, 2024 - Aug 30, 2024
#8	-0.78% May 6, 2013 - Sep 18, 2013	-5.37% Nov 24, 2021 - Dec 29, 2021
#9	-0.77% Apr 3, 2025 - Apr 25, 2025	-4.28% Mar 28, 2024 - May 9, 2024
#10	-0.73% Oct 22, 2015 - Mar 16, 2016	-4.27% Jun 8, 2021 - Jul 2, 2021
#11	-0.69% Sep 6, 2016 - Feb 6, 2017	-4.18% Jul 2, 2021 - Aug 3, 2021
#12	-0.63% May 15, 2015 - Oct 6, 2015	-3.86% Aug 30, 2024 - Sep 19, 2024
#13	-0.63% Oct 2, 2024 - Dec 4, 2024	-3.83% Aug 27, 2021 - Oct 14, 2021
#14	-0.62% Oct 21, 2014 - Jan 27, 2015	-3.46% Jul 23, 2025 - Aug 20, 2025
#15	-0.56% Feb 3, 2012 - Feb 28, 2012	-3.36% Nov 12, 2025 - Nov 26, 2025

Correlation

Correlation between SPSB and PVAL is 0.96 which considered as a very strong positive correlation - the stocks move almost identically together.

0.96

-101

Dividend Comparison (2009 - 2026)

SPSB vs PVAL dividend yield comparison.

Year	SPSB	PVAL
2026	1.42%	0.28%
2025	4.55%	1.00%
2024	4.85%	1.34%
2023	4.06%	1.33%
2022	1.92%	0.59%
2021	1.19%	0.47%
2020	1.94%	0.00%
2019	2.77%	0.00%
2018	2.36%	0.00%
2017	1.94%	0.00%
2016	1.65%	0.00%
2015	1.43%	0.00%
2014	1.26%	0.00%
2013	1.40%	0.00%
2012	1.55%	0.00%
2011	1.95%	0.00%
2010	2.05%	0.00%
2009	0.04%	0.00%