Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
MAGS vs PVAL: how they differ
MAGS and PVAL hold 9% of their weight in the same names, and PVAL returned more over the year.
Roundhill Magnificent Seven ETF and Putnam Focused Large Cap Value ETF.
What they hold in common
By the books each fund has filed, MAGS and PVAL hold 9% of their money in the same securities at the same weight.
| Holding | MAGS | PVAL |
|---|---|---|
| Amazon.com Inc | 4.11% | 2.96% |
| Microsoft Corp | 3.62% | 2.96% |
| Alphabet Inc | 2.89% | 3.33% |
| Only in MAGS | Only in PVAL |
|---|---|
| TREASURY BILL 65.41% | CISCO SYSTEMS INC 6.06% |
| Roundhill Ultra Short Duration 8.06% | CITIGROUP INC 4.68% |
| NVIDIA Corp 4.15% | EXXON MOBIL CORP 3.66% |
| Apple Inc 4.12% | ADVANCED MICRO DEVICES INC 3.09% |
| Tesla Inc 4.07% | SEAGATE TECHNOLOGY HOLDINGS PLC 3.08% |
| Meta Platforms Inc 3.59% | FREEPORT-MCMORAN INC 2.95% |
| HILTON WORLDWIDE HOLDINGS INC 2.87% | |
| 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 Jun 30, 2026 and May 29, 2026.
| MAGS Roundhill Magnificent Seven ETF | PVAL Putnam Focused Large Cap Value ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Roundhill | Putnam |
| What it is | Magnificent Seven | Putnam Focused Large Cap Value |
| Total return, 1 year | +14.4% | +28.4% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −3.1 pts | +10.8 pts |
| Expense ratio | 0.30% | not published |
| Already in the S&P 500 | 26.5% | 94.9% |
| Holdings | 9 | 45 |
MAGS in plain words
MAGS is an index equity fund tracking the Magnificent Seven. Over the year to Sep 11, 2026 it returned +14.4% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.30% a year. By its holdings filed for Jun 30, 2026, 26% of the fund by weight is stocks the S&P 500 also holds, across 9 positions, with the top ten at 100.0%.
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, MAGS or PVAL?
- In the year to Sep 12, 2026, with distributions reinvested, MAGS returned +14.4% and PVAL returned +28.4%, so PVAL returned more. One year is one year; the longer windows are in the table.
- How much do MAGS and PVAL overlap with the S&P 500?
- By their latest filed holdings, 26% of MAGS and 95% of PVAL by weight is stocks the S&P 500 already holds. Between the two funds, 9% 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, MAGS against PVAL, data as of Sep 12, 2026. https://etfiq.com/compare/any/MAGS-PVAL Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources