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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

PVAL vs SCHX: how they differ

PVAL and SCHX hold 19% of their weight in the same names, and PVAL returned more over the year.

Putnam Focused Large Cap Value ETF and Schwab U.S. Large-Cap ETF.

What they hold in common

By the books each fund has filed, PVAL and SCHX hold 19% of their money in the same securities at the same weight.

Positions PVAL and SCHX both hold, largest shared weight first
HoldingPVALSCHX
ALPHABET INC3.33%3.24%
AMAZON.COM INC2.96%3.87%
MICROSOFT CORP2.96%4.89%
ADVANCED MICRO DEVICES INC3.09%1.23%
EXXON MOBIL CORP3.66%0.89%
WALMART INC1.39%0.74%
CISCO SYSTEMS INC6.06%0.70%
UNITEDHEALTH GROUP INC1.66%0.51%
BANK OF AMERICA CORP2.65%0.50%
GOLDMAN SACHS GROUP INC (THE)2.24%0.45%
COCA-COLA COMPANY (THE)2.85%0.45%
PHILIP MORRIS INTERNATIONAL INC2.72%0.40%
Largest positions each one holds and the other does not
Only in PVALOnly in SCHX
SEAGATE TECHNOLOGY HOLDINGS PLC 3.08%NVIDIA Corp 7.51%
JOHNSON CONTROLS INTERNATIONAL PLC 2.05%Apple Inc 6.71%
ASTRAZENECA PLC 1.86%Broadcom Inc 3.10%
SANOFI SA 1.34%Alphabet Inc 2.58%
NOVO NORDISK A/S 0.85%Meta Platforms Inc 2.02%
Tesla Inc 1.79%
Micron Technology Inc 1.60%
Eli Lilly & Co 1.28%

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 and SCHX on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
PVAL
Putnam Focused Large Cap Value ETF
SCHX
Schwab U.S. Large-Cap ETF
Where it sitsCore index fundCore index fund
IssuerPutnamSchwab
What it isPutnam Focused Large Cap ValueU.S. Large-Cap
Total return, 1 year+28.4%+16.8%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500+10.8 pts−0.7 pts
Expense rationot published0.03%
Already in the S&P 50094.9%94.9%
Holdings45748

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%.

SCHX in plain words

SCHX is an index equity fund tracking the U.S. Large-Cap. Over the year to Sep 11, 2026 it returned +16.8% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.03% 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 748 positions, with the top ten at 37.3%.

Questions people ask

Which returned more over the last year, PVAL or SCHX?
In the year to Sep 12, 2026, with distributions reinvested, PVAL returned +28.4% and SCHX returned +16.8%, so PVAL returned more. One year is one year; the longer windows are in the table.
How much do PVAL and SCHX overlap with the S&P 500?
By their latest filed holdings, 95% of PVAL and 95% of SCHX by weight is stocks the S&P 500 already holds. Between the two funds, 19% 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.

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

A comparison is not a recommendation. Standards and sources