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

ETFIQetfiq.com · independent ETF data

FTEC vs PVAL: how they differ

FTEC and PVAL hold 8% of their weight in the same names, and FTEC returned more over the year.

Fidelity MSCI Information Technology Index ETF and Putnam Focused Large Cap Value ETF.

What they hold in common

By the books each fund has filed, FTEC and PVAL hold 8% of their money in the same securities at the same weight.

Positions FTEC and PVAL both hold, largest shared weight first
HoldingFTECPVAL
Microsoft Corp9.54%2.96%
Advanced Micro Devices Inc2.60%3.09%
Cisco Systems Inc1.66%6.06%
QUALCOMM Inc0.92%2.15%
Largest positions each one holds and the other does not
Only in FTECOnly in PVAL
NVIDIA Corp 18.00%CITIGROUP INC 4.68%
Apple Inc 14.38%EXXON MOBIL CORP 3.66%
Broadcom Inc 5.01%ALPHABET INC 3.33%
Micron Technology Inc 2.64%SEAGATE TECHNOLOGY HOLDINGS PLC 3.08%
Intel Corp 1.99%AMAZON.COM INC 2.96%
Lam Research Corp 1.49%FREEPORT-MCMORAN INC 2.95%
Applied Materials Inc 1.45%HILTON WORLDWIDE HOLDINGS INC 2.87%
Palantir Technologies Inc 1.40%COCA-COLA COMPANY (THE) 2.85%

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.

FTEC and PVAL on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
FTEC
Fidelity MSCI Information Technology Index ETF
PVAL
Putnam Focused Large Cap Value ETF
Where it sitsCore index fundCore index fund
IssuerFidelityPutnam
What it isMSCI Information TechnologyPutnam Focused Large Cap Value
Total return, 1 year+35.7%+28.4%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500+18.2 pts+10.8 pts
Expense ratio0.08%not published
Already in the S&P 50086.2%94.9%
Holdings28245

FTEC in plain words

FTEC is an index equity fund tracking the MSCI Information Technology. Over the year to Sep 11, 2026 it returned +35.7% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.08% a year. By its holdings filed for Apr 30, 2026, 86% of the fund by weight is stocks the S&P 500 also holds, across 282 positions, with the top ten at 58.8%. It sat 3.7% below its high of Jun 2, 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, FTEC or PVAL?
In the year to Sep 12, 2026, with distributions reinvested, FTEC returned +35.7% and PVAL returned +28.4%, so FTEC returned more. One year is one year; the longer windows are in the table.
How much do FTEC and PVAL overlap with the S&P 500?
By their latest filed holdings, 86% of FTEC and 95% of PVAL by weight is stocks the S&P 500 already holds. Between the two funds, 8% 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.

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

A comparison is not a recommendation. Standards and sources