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

KRE vs PVAL: how they differ

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

State Street(R) SPDR(R) S&P(R) Regional Banking ETF and Putnam Focused Large Cap Value ETF.

What they hold in common

By the books each fund has filed, KRE 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 KREOnly in PVAL
Pinnacle Financial Partners Inc 1.37%CISCO SYSTEMS INC 6.06%
Atlantic Union Bankshares Corp 1.37%CITIGROUP INC 4.68%
UMB Financial Corp 1.37%EXXON MOBIL CORP 3.66%
Citizens Financial Group Inc 1.37%ALPHABET INC 3.33%
Glacier Bancorp Inc 1.36%ADVANCED MICRO DEVICES INC 3.09%
Associated Banc-Corp 1.36%SEAGATE TECHNOLOGY HOLDINGS PLC 3.08%
Cullen/Frost Bankers Inc 1.35%AMAZON.COM INC 2.96%
First Interstate BancSystem Inc 1.35%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 Jun 30, 2026 and May 29, 2026.

KRE and PVAL on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
KRE
State Street(R) SPDR(R) S&P(R) Regional Banking ETF
PVAL
Putnam Focused Large Cap Value ETF
Where it sitsCore index fundCore index fund
IssuerState StreetPutnam
What it isSPDR S&P Regional BankingPutnam Focused Large Cap Value
Total return, 1 year+16.1%+28.4%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500−1.4 pts+10.8 pts
Expense ratio0.35%not published
Already in the S&P 5006.7%94.9%
Holdings16145

KRE in plain words

KRE is an index equity fund tracking the SPDR S&P Regional Banking. Over the year to Sep 11, 2026 it returned +16.1% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.35% a year. By its holdings filed for Jun 30, 2026, 7% of the fund by weight is stocks the S&P 500 also holds, across 161 positions, with the top ten at 13.6%. It sat 5.2% below its high of Aug 14, 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, KRE or PVAL?
In the year to Sep 12, 2026, with distributions reinvested, KRE returned +16.1% and PVAL returned +28.4%, so PVAL returned more. One year is one year; the longer windows are in the table.
How much do KRE and PVAL overlap with the S&P 500?
By their latest filed holdings, 7% of KRE 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.

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

A comparison is not a recommendation. Standards and sources