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Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

MGK vs PVAL: how they differ

MGK and PVAL hold 13% of their weight in the same names, and PVAL returned more over the year.

Vanguard Mega Cap Growth Index Fund and Putnam Focused Large Cap Value ETF.

What they hold in common

By the books each fund has filed, MGK and PVAL hold 13% of their money in the same securities at the same weight.

Positions MGK and PVAL both hold, largest shared weight first
HoldingMGKPVAL
Alphabet Inc5.93%3.33%
Advanced Micro Devices Inc3.20%3.09%
Amazon.com Inc4.47%2.96%
Microsoft Corp7.52%2.96%
Hilton Worldwide Holdings Inc0.30%2.87%
Largest positions each one holds and the other does not
Only in MGKOnly in PVAL
NVIDIA Corp 13.29%CISCO SYSTEMS INC 6.06%
Apple Inc 12.19%CITIGROUP INC 4.68%
Alphabet Inc 4.67%EXXON MOBIL CORP 3.66%
Broadcom Inc 4.28%SEAGATE TECHNOLOGY HOLDINGS PLC 3.08%
Meta Platforms Inc 4.08%FREEPORT-MCMORAN INC 2.95%
Tesla Inc 3.93%COCA-COLA COMPANY (THE) 2.85%
Eli Lilly & Co 3.41%PHILIP MORRIS INTERNATIONAL INC 2.72%
Lam Research Corp 1.93%FEDEX CORP 2.71%

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.

MGK and PVAL on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
MGK
Vanguard Mega Cap Growth Index Fund
PVAL
Putnam Focused Large Cap Value ETF
Where it sitsCore index fundCore index fund
IssuerVanguardPutnam
What it isMega Cap GrowthPutnam Focused Large Cap Value
Total return, 1 year+14.9%+28.4%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500−2.6 pts+10.8 pts
Expense ratio0.07%not published
Already in the S&P 50099.2%94.9%
Holdings5645

MGK in plain words

MGK is an index equity fund tracking the Mega Cap Growth. Over the year to Sep 11, 2026 it returned +14.9% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.07% a year. By its holdings filed for Jun 30, 2026, 99% of the fund by weight is stocks the S&P 500 also holds, across 56 positions, with the top ten at 63.8%.

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, MGK or PVAL?
In the year to Sep 12, 2026, with distributions reinvested, MGK returned +14.9% and PVAL returned +28.4%, so PVAL returned more. One year is one year; the longer windows are in the table.
How much do MGK and PVAL overlap with the S&P 500?
By their latest filed holdings, 99% of MGK and 95% of PVAL by weight is stocks the S&P 500 already holds. Between the two funds, 13% 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.

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

A comparison is not a recommendation. Standards and sources