Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
DFUS vs PVAL: how they differ
DFUS and PVAL hold 18% of their weight in the same names, and PVAL returned more over the year.
Dimensional U.S. Equity Market ETF and Putnam Focused Large Cap Value ETF.
What they hold in common
By the books each fund has filed, DFUS and PVAL hold 18% of their money in the same securities at the same weight.
| Holding | DFUS | PVAL |
|---|---|---|
| ALPHABET INC. | 3.31% | 3.33% |
| AMAZON.COM, INC. | 3.84% | 2.96% |
| MICROSOFT CORPORATION | 4.52% | 2.96% |
| EXXON MOBIL CORPORATION | 0.97% | 3.66% |
| WALMART INC. | 0.87% | 1.39% |
| ADVANCED MICRO DEVICES, INC. | 0.86% | 3.09% |
| BANK OF AMERICA CORPORATION | 0.54% | 2.65% |
| CISCO SYSTEMS, INC. | 0.54% | 6.06% |
| THE COCA-COLA COMPANY | 0.48% | 2.85% |
| UNITEDHEALTH GROUP INCORPORATED | 0.43% | 1.66% |
| THE GOLDMAN SACHS GROUP, INC. | 0.41% | 2.24% |
| Philip Morris International Inc. | 0.39% | 2.72% |
| Only in DFUS | Only in PVAL |
|---|---|
| NVIDIA CORPORATION 6.97% | SEAGATE TECHNOLOGY HOLDINGS PLC 3.08% |
| APPLE INC. 5.86% | JOHNSON CONTROLS INTERNATIONAL PLC 2.05% |
| BROADCOM INC. 2.90% | PROLOGIS INC 2.04% |
| ALPHABET INC. 2.74% | ASTRAZENECA PLC 1.86% |
| META PLATFORMS, INC. 2.01% | SANOFI SA 1.34% |
| TESLA, INC. 1.78% | NOVO NORDISK A/S 0.85% |
| BERKSHIRE HATHAWAY INC. 1.30% | |
| JPMORGAN CHASE & CO. 1.26% |
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 Apr 30, 2026 and May 29, 2026.
| DFUS Dimensional U.S. Equity Market ETF | PVAL Putnam Focused Large Cap Value ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Dimensional | Putnam |
| What it is | U.S. Equity Market | Putnam Focused Large Cap Value |
| Total return, 1 year | +17.5% | +28.4% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | 0.0 pts | +10.8 pts |
| Expense ratio | 0.09% | not published |
| Already in the S&P 500 | 90.2% | 94.9% |
| Holdings | 2231 | 45 |
DFUS in plain words
DFUS is an index equity fund tracking the U.S. Equity Market. Over the year to Sep 11, 2026 it returned +17.5% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.09% a year. By its holdings filed for Apr 30, 2026, 90% of the fund by weight is stocks the S&P 500 also holds, across 2231 positions, with the top ten at 35.2%.
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, DFUS or PVAL?
- In the year to Sep 12, 2026, with distributions reinvested, DFUS returned +17.5% and PVAL returned +28.4%, so PVAL returned more. One year is one year; the longer windows are in the table.
- How much do DFUS and PVAL overlap with the S&P 500?
- By their latest filed holdings, 90% of DFUS and 95% of PVAL by weight is stocks the S&P 500 already holds. Between the two funds, 18% 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, DFUS against PVAL, data as of Sep 12, 2026. https://etfiq.com/compare/any/DFUS-PVAL Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources