Get the weekly note

Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

EFA vs PVAL: how they differ

EFA and PVAL hold 0% of their weight in the same names, and PVAL returned more over the year.

iShares MSCI EAFE ETF and Putnam Focused Large Cap Value ETF.

What they hold in common

By the books each fund has filed, EFA and PVAL hold 0% of their money in the same securities at the same weight.

Largest positions each one holds and the other does not
Only in EFAOnly in PVAL
ASML Holding N.V. 2.60%CISCO SYSTEMS INC 6.06%
HSBC HOLDINGS PLC 1.47%CITIGROUP INC 4.68%
ASTRAZENECA PLC 1.36%EXXON MOBIL CORP 3.66%
Novartis AG 1.30%ALPHABET INC 3.33%
Nestle S.A. 1.21%ADVANCED MICRO DEVICES INC 3.09%
SHELL PLC 1.20%SEAGATE TECHNOLOGY HOLDINGS PLC 3.08%
Siemens Aktiengesellschaft 1.05%AMAZON.COM INC 2.96%
COMMONWEALTH BANK OF AUSTRALIA 0.98%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 Apr 30, 2026 and May 29, 2026.

EFA and PVAL on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
EFA
iShares MSCI EAFE ETF
PVAL
Putnam Focused Large Cap Value ETF
Where it sitsCore index fundCore index fund
IssueriSharesPutnam
What it isDeveloped markets ex USPutnam Focused Large Cap Value
Total return, 1 year+18.2%+28.4%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500+0.7 pts+10.8 pts
Expense ratio0.32%not published
Already in the S&P 5000.0%94.9%
Holdings70545

EFA in plain words

EFA is an index equity fund tracking the Developed markets ex US. Over the year to Sep 11, 2026 it returned +18.2% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.32% a year. By its holdings filed for Apr 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 705 positions, with the top ten at 13.4%.

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, EFA or PVAL?
In the year to Sep 12, 2026, with distributions reinvested, EFA returned +18.2% and PVAL returned +28.4%, so PVAL returned more. One year is one year; the longer windows are in the table.
How much do EFA and PVAL overlap with the S&P 500?
By their latest filed holdings, 0% of EFA 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.

Other comparisons

Where to next

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.

EFA against PVAL, ETFIQ, data as of Sep 12, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, EFA against PVAL, data as of Sep 12, 2026. https://etfiq.com/compare/any/EFA-PVAL Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources