Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
INDA vs PVAL: how they differ
INDA and PVAL hold 0% of their weight in the same names, and PVAL returned more over the year.
iShares MSCI India ETF and Putnam Focused Large Cap Value ETF.
What they hold in common
By the books each fund has filed, INDA and PVAL hold 0% of their money in the same securities at the same weight.
| Only in INDA | Only in PVAL |
|---|---|
| RELIANCE INDUSTRIES LIMITED 6.23% | CISCO SYSTEMS INC 6.06% |
| HDFC BANK LIMITED 6.15% | CITIGROUP INC 4.68% |
| ICICI BANK LIMITED 4.68% | EXXON MOBIL CORP 3.66% |
| BHARTI AIRTEL LIMITED 3.63% | ALPHABET INC 3.33% |
| INFOSYS LIMITED 2.92% | ADVANCED MICRO DEVICES INC 3.09% |
| AXIS BANK LIMITED 2.23% | SEAGATE TECHNOLOGY HOLDINGS PLC 3.08% |
| MAHINDRA AND MAHINDRA LIMITED 2.20% | AMAZON.COM INC 2.96% |
| LARSEN AND TOUBRO LIMITED 2.13% | 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 May 29, 2026 and May 31, 2026.
| INDA iShares MSCI India ETF | PVAL Putnam Focused Large Cap Value ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | Putnam |
| What it is | MSCI India | Putnam Focused Large Cap Value |
| Total return, 1 year | −8.8% | +28.4% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −26.3 pts | +10.8 pts |
| Expense ratio | 0.61% | not published |
| Already in the S&P 500 | 0.0% | 94.9% |
| Holdings | 169 | 45 |
INDA in plain words
INDA is an index equity fund tracking the MSCI India. Over the year to Sep 11, 2026 it returned −8.8% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.61% a year. By its holdings filed for May 31, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 169 positions, with the top ten at 33.7%. It sat 17.4% below its high of Sep 26, 2024 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, INDA or PVAL?
- In the year to Sep 12, 2026, with distributions reinvested, INDA returned −8.8% and PVAL returned +28.4%, so PVAL returned more. One year is one year; the longer windows are in the table.
- How much do INDA and PVAL overlap with the S&P 500?
- By their latest filed holdings, 0% of INDA 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
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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, INDA against PVAL, data as of Sep 12, 2026. https://etfiq.com/compare/any/INDA-PVAL Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources