Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
PFF vs PVAL: how they differ
PFF and PVAL hold 0% of their weight in the same names, and PVAL returned more over the year.
iShares Preferred and Income Securities ETF and Putnam Focused Large Cap Value ETF.
What they hold in common
By the books each fund has filed, PFF and PVAL hold 0% of their money in the same securities at the same weight.
| Only in PFF | Only in PVAL |
|---|---|
| BOEING COMPANY (THE) 3.99% | CISCO SYSTEMS INC 6.06% |
| STRATEGY INC 2.99% | CITIGROUP INC 4.68% |
| WELLS FARGO & COMPANY 2.37% | EXXON MOBIL CORP 3.66% |
| ORACLE CORP 2.31% | ALPHABET INC 3.33% |
| HEWLETT PACKARD ENTERPRISE COMPANY 1.79% | ADVANCED MICRO DEVICES INC 3.09% |
| BANK OF AMERICA CORP 1.47% | SEAGATE TECHNOLOGY HOLDINGS PLC 3.08% |
| CITIGROUP CAPITAL XIII 1.33% | AMAZON.COM INC 2.96% |
| ALBEMARLE CORP 1.31% | 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.
| PFF iShares Preferred and Income Securities ETF | PVAL Putnam Focused Large Cap Value ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | Putnam |
| What it is | Preferred and Income Securities | Putnam Focused Large Cap Value |
| Total return, 1 year | −0.8% | +28.4% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −18.3 pts | +10.8 pts |
| Expense ratio | 0.45% | not published |
| Already in the S&P 500 | 21.6% | 94.9% |
| Holdings | 455 | 45 |
PFF in plain words
PFF is an index equity fund tracking the Preferred and Income Securities. Over the year to Sep 11, 2026 it returned −0.8% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.45% a year. By its holdings filed for Jun 30, 2026, 22% of the fund by weight is stocks the S&P 500 also holds, across 455 positions, with the top ten at 19.9%. It sat 3.2% below its high of May 8, 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, PFF or PVAL?
- In the year to Sep 12, 2026, with distributions reinvested, PFF returned −0.8% and PVAL returned +28.4%, so PVAL returned more. One year is one year; the longer windows are in the table.
- How much do PFF and PVAL overlap with the S&P 500?
- By their latest filed holdings, 22% of PFF 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, PFF against PVAL, data as of Sep 12, 2026. https://etfiq.com/compare/any/PFF-PVAL Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources