Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
CGBL vs PVAL: how they differ
CGBL and PVAL hold 9% of their weight in the same names, and PVAL returned more over the year.
Capital Group Core Balanced ETF and Putnam Focused Large Cap Value ETF.
What they hold in common
By the books each fund has filed, CGBL and PVAL hold 9% of their money in the same securities at the same weight.
| Holding | CGBL | PVAL |
|---|---|---|
| Philip Morris International Inc | 2.07% | 2.72% |
| Microsoft Corp | 1.96% | 2.96% |
| Bank of America Corp | 0.96% | 2.65% |
| Amazon.com Inc | 0.81% | 2.96% |
| UnitedHealth Group Inc | 0.63% | 1.66% |
| Capital One Financial Corp | 0.62% | 2.06% |
| Apollo Global Management Inc | 0.60% | 1.41% |
| Ingersoll Rand Inc | 0.47% | 1.18% |
| ConocoPhillips | 0.46% | 1.88% |
| United Rentals Inc | 0.44% | 1.09% |
| Thermo Fisher Scientific Inc | 0.31% | 2.15% |
| Only in CGBL | Only in PVAL |
|---|---|
| Capital Group Core Plus Income ETF 23.22% | CISCO SYSTEMS INC 6.06% |
| Capital Group Core Bond ETF 15.60% | CITIGROUP INC 4.68% |
| Broadcom Inc 4.57% | EXXON MOBIL CORP 3.66% |
| Taiwan Semiconductor Manufacturing Co Lt 3.48% | ALPHABET INC 3.33% |
| Alphabet Inc 2.78% | ADVANCED MICRO DEVICES INC 3.09% |
| Micron Technology Inc 2.23% | SEAGATE TECHNOLOGY HOLDINGS PLC 3.08% |
| Apple Inc 2.00% | FREEPORT-MCMORAN INC 2.95% |
| GE Vernova Inc 1.25% | HILTON WORLDWIDE HOLDINGS INC 2.87% |
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 Jun 30, 2026 and May 29, 2026.
| CGBL Capital Group Core Balanced ETF | PVAL Putnam Focused Large Cap Value ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Capital | Putnam |
| What it is | Core Balanced | Putnam Focused Large Cap Value |
| Total return, 1 year | +9.9% | +28.4% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −7.6 pts | +10.8 pts |
| Expense ratio | 0.33% | not published |
| Already in the S&P 500 | 48.1% | 94.9% |
| Holdings | 77 | 45 |
CGBL in plain words
CGBL is an index equity fund tracking the Core Balanced. Over the year to Sep 11, 2026 it returned +9.9% 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 Jun 30, 2026, 48% of the fund by weight is stocks the S&P 500 also holds, across 77 positions, with the top ten at 59.2%.
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, CGBL or PVAL?
- In the year to Sep 12, 2026, with distributions reinvested, CGBL returned +9.9% and PVAL returned +28.4%, so PVAL returned more. One year is one year; the longer windows are in the table.
- How much do CGBL and PVAL overlap with the S&P 500?
- By their latest filed holdings, 48% of CGBL and 95% of PVAL by weight is stocks the S&P 500 already holds. Between the two funds, 9% 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, CGBL against PVAL, data as of Sep 12, 2026. https://etfiq.com/compare/any/CGBL-PVAL Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources