Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
AVEM vs PVAL: how they differ
AVEM and PVAL hold 0% of their weight in the same names, and AVEM returned more over the year.
Avantis Emerging Markets Equity ETF and Putnam Focused Large Cap Value ETF.
What they hold in common
By the books each fund has filed, AVEM and PVAL hold 0% of their money in the same securities at the same weight.
| Only in AVEM | Only in PVAL |
|---|---|
| SK hynix Inc 7.83% | CISCO SYSTEMS INC 6.06% |
| Taiwan Semiconductor Manufacturing Co Lt 6.33% | CITIGROUP INC 4.68% |
| Samsung Electronics Co Ltd 5.70% | EXXON MOBIL CORP 3.66% |
| Taiwan Semiconductor Manufacturing Co Lt 4.11% | ALPHABET INC 3.33% |
| Tencent Holdings Ltd 1.51% | ADVANCED MICRO DEVICES INC 3.09% |
| MediaTek Inc 1.11% | SEAGATE TECHNOLOGY HOLDINGS PLC 3.08% |
| China Construction Bank Corp 0.89% | AMAZON.COM INC 2.96% |
| Alibaba Group Holding Ltd 0.81% | MICROSOFT CORP 2.96% |
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 May 31, 2026.
| AVEM Avantis Emerging Markets Equity ETF | PVAL Putnam Focused Large Cap Value ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Avantis | Putnam |
| What it is | Emerging Markets Equity | Putnam Focused Large Cap Value |
| Total return, 1 year | +31.8% | +28.4% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +14.3 pts | +10.8 pts |
| Expense ratio | 0.33% | not published |
| Already in the S&P 500 | 0.0% | 94.9% |
| Holdings | 3897 | 45 |
AVEM in plain words
AVEM is an index equity fund tracking the Emerging Markets Equity. Over the year to Sep 11, 2026 it returned +31.8% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.33% a year. By its holdings filed for May 31, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 3897 positions, with the top ten at 29.9%. It sat 4.2% below its high of Jun 22, 2026 on Sep 11, 2026.
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%.
Questions people ask
- Which returned more over the last year, AVEM or PVAL?
- In the year to Sep 12, 2026, with distributions reinvested, AVEM returned +31.8% and PVAL returned +28.4%, so AVEM returned more. One year is one year; the longer windows are in the table.
- How much do AVEM and PVAL overlap with the S&P 500?
- By their latest filed holdings, 0% of AVEM and 95% of PVAL by weight is stocks the S&P 500 already holds. Between the two funds, 0% of their books are the same securities at the same weight.
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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.
Cite this page. ETFIQ, AVEM against PVAL, data as of Sep 12, 2026. https://etfiq.com/compare/any/AVEM-PVAL Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources