Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
IYW vs PVAL: how they differ
IYW and PVAL hold 11% of their weight in the same names, and IYW returned more over the year.
iShares U.S. Technology ETF and Putnam Focused Large Cap Value ETF.
What they hold in common
By the books each fund has filed, IYW and PVAL hold 11% of their money in the same securities at the same weight.
| Holding | IYW | PVAL |
|---|---|---|
| ALPHABET INC. | 7.84% | 3.33% |
| ADVANCED MICRO DEVICES, INC. | 3.50% | 3.09% |
| MICROSOFT CORPORATION | 3.99% | 2.96% |
| QUALCOMM INCORPORATED | 1.18% | 2.15% |
| Only in IYW | Only in PVAL |
|---|---|
| NVIDIA CORPORATION 16.25% | CISCO SYSTEMS INC 6.06% |
| APPLE INC. 13.65% | CITIGROUP INC 4.68% |
| ALPHABET INC. 6.34% | EXXON MOBIL CORP 3.66% |
| BROADCOM INC. 3.78% | SEAGATE TECHNOLOGY HOLDINGS PLC 3.08% |
| MICRON TECHNOLOGY, INC. 2.98% | AMAZON.COM INC 2.96% |
| META PLATFORMS, INC. 2.81% | FREEPORT-MCMORAN INC 2.95% |
| INTEL CORPORATION 2.56% | HILTON WORLDWIDE HOLDINGS INC 2.87% |
| LAM RESEARCH CORPORATION 1.99% | 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.
| IYW iShares U.S. Technology ETF | PVAL Putnam Focused Large Cap Value ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | Putnam |
| What it is | U.S. Technology | Putnam Focused Large Cap Value |
| Total return, 1 year | +34.9% | +28.4% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +17.4 pts | +10.8 pts |
| Expense ratio | 0.37% | not published |
| Already in the S&P 500 | 95.5% | 94.9% |
| Holdings | 139 | 45 |
IYW in plain words
IYW is an index equity fund tracking the U.S. Technology. Over the year to Sep 11, 2026 it returned +34.9% 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 Apr 30, 2026, 96% of the fund by weight is stocks the S&P 500 also holds, across 139 positions, with the top ten at 63.7%.
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, IYW or PVAL?
- In the year to Sep 12, 2026, with distributions reinvested, IYW returned +34.9% and PVAL returned +28.4%, so IYW returned more. One year is one year; the longer windows are in the table.
- How much do IYW and PVAL overlap with the S&P 500?
- By their latest filed holdings, 96% of IYW and 95% of PVAL by weight is stocks the S&P 500 already holds. Between the two funds, 11% 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.
Cite this page. ETFIQ, IYW against PVAL, data as of Sep 12, 2026. https://etfiq.com/compare/any/IYW-PVAL Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources