Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
IGM vs PVAL: how they differ
IGM and PVAL hold 12% of their weight in the same names, and IGM returned more over the year.
iShares Expanded Tech Sector ETF and Putnam Focused Large Cap Value ETF.
What they hold in common
By the books each fund has filed, IGM and PVAL hold 12% of their money in the same securities at the same weight.
| Holding | IGM | PVAL |
|---|---|---|
| Alphabet, Inc. | 4.45% | 3.33% |
| Advanced Micro Devices, Inc. | 4.13% | 3.09% |
| Microsoft Corp. | 7.50% | 2.96% |
| Cisco Systems, Inc. | 2.02% | 6.06% |
| QUALCOMM, Inc. | 0.85% | 2.15% |
| Only in IGM | Only in PVAL |
|---|---|
| NVIDIA Corp. 7.97% | CITIGROUP INC 4.68% |
| Apple, Inc. 7.92% | EXXON MOBIL CORP 3.66% |
| Broadcom, Inc. 7.61% | SEAGATE TECHNOLOGY HOLDINGS PLC 3.08% |
| Micron Technology, Inc. 5.47% | AMAZON.COM INC 2.96% |
| Meta Platforms, Inc. 4.17% | FREEPORT-MCMORAN INC 2.95% |
| Alphabet, Inc. 3.55% | HILTON WORLDWIDE HOLDINGS INC 2.87% |
| Intel Corp. 2.88% | COCA-COLA COMPANY (THE) 2.85% |
| Applied Materials, Inc. 2.50% | PHILIP MORRIS INTERNATIONAL INC 2.72% |
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.
| IGM iShares Expanded Tech Sector ETF | PVAL Putnam Focused Large Cap Value ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | Putnam |
| What it is | Expanded Tech Sector | Putnam Focused Large Cap Value |
| Total return, 1 year | +32.7% | +28.4% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +15.2 pts | +10.8 pts |
| Expense ratio | 0.37% | not published |
| Already in the S&P 500 | 92.0% | 94.9% |
| Holdings | 295 | 45 |
IGM in plain words
IGM is an index equity fund tracking the Expanded Tech Sector. Over the year to Sep 11, 2026 it returned +32.7% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.37% a year. By its holdings filed for Jun 30, 2026, 92% of the fund by weight is stocks the S&P 500 also holds, across 295 positions, with the top ten at 55.7%. It sat 5.1% 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, IGM or PVAL?
- In the year to Sep 12, 2026, with distributions reinvested, IGM returned +32.7% and PVAL returned +28.4%, so IGM returned more. One year is one year; the longer windows are in the table.
- How much do IGM and PVAL overlap with the S&P 500?
- By their latest filed holdings, 92% of IGM and 95% of PVAL by weight is stocks the S&P 500 already holds. Between the two funds, 12% 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, IGM against PVAL, data as of Sep 12, 2026. https://etfiq.com/compare/any/IGM-PVAL Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources