Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
PVAL vs SCHD: how they differ
PVAL and SCHD hold 9% of their weight in the same names, and PVAL returned more over the year.
Putnam Focused Large Cap Value ETF and Schwab U.S. Dividend Equity ETF.
What they hold in common
By the books each fund has filed, PVAL and SCHD hold 9% of their money in the same securities at the same weight.
| Holding | PVAL | SCHD |
|---|---|---|
| COCA-COLA COMPANY (THE) | 2.85% | 3.96% |
| QUALCOMM INC | 2.15% | 6.75% |
| CONOCOPHILLIPS | 1.88% | 3.52% |
| UNITEDHEALTH GROUP INC | 1.66% | 5.10% |
| Only in PVAL | Only in SCHD |
|---|---|
| CISCO SYSTEMS INC 6.06% | Texas Instruments Inc 5.92% |
| CITIGROUP INC 4.68% | Merck & Co Inc 3.87% |
| EXXON MOBIL CORP 3.66% | Chevron Corp 3.84% |
| ALPHABET INC 3.33% | Verizon Communications Inc 3.66% |
| ADVANCED MICRO DEVICES INC 3.09% | Procter & Gamble Co/The 3.55% |
| SEAGATE TECHNOLOGY HOLDINGS PLC 3.08% | Amgen Inc 3.48% |
| AMAZON.COM INC 2.96% | PepsiCo Inc 3.45% |
| MICROSOFT CORP 2.96% | Home Depot Inc/The 3.37% |
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 May 29, 2026 and May 31, 2026.
| PVAL Putnam Focused Large Cap Value ETF | SCHD Schwab U.S. Dividend Equity ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Putnam | Schwab |
| What it is | Putnam Focused Large Cap Value | US dividend |
| Total return, 1 year | +28.4% | +27.6% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +10.8 pts | +10.1 pts |
| Expense ratio | not published | 0.06% |
| Already in the S&P 500 | 94.9% | 95.1% |
| Holdings | 45 | 99 |
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%.
SCHD in plain words
SCHD is an index equity fund tracking the US dividend. Over the year to Sep 11, 2026 it returned +27.6% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.06% a year. By its holdings filed for May 31, 2026, 95% of the fund by weight is stocks the S&P 500 also holds, across 99 positions, with the top ten at 43.7%. It sat 3.1% below its high of Aug 24, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, PVAL or SCHD?
- In the year to Sep 12, 2026, with distributions reinvested, PVAL returned +28.4% and SCHD returned +27.6%, so PVAL returned more. One year is one year; the longer windows are in the table.
- How much do PVAL and SCHD overlap with the S&P 500?
- By their latest filed holdings, 95% of PVAL and 95% of SCHD 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, PVAL against SCHD, data as of Sep 12, 2026. https://etfiq.com/compare/any/PVAL-SCHD Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources