Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
PVAL vs SPLG: how they differ
PVAL and SPLG are both equity index funds, and over the year PVAL returned more, +28.4% against +17.6%.
Putnam Focused Large Cap Value ETF and S&P 500, book from IVV.
| PVAL Putnam Focused Large Cap Value ETF | SPLG S&P 500, book from IVV | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Putnam | S&P |
| What it is | Putnam Focused Large Cap Value | S&P 500, book from IVV |
| Total return, 1 year | +28.4% | +17.6% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +10.8 pts | +0.1 pts |
| Holdings | 45 | not filed |
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%.
SPLG in plain words
SPLG is an index equity fund tracking the S&P 500. Over the year to Sep 11, 2026 it returned +17.6% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100.
Questions people ask
- Which returned more over the last year, PVAL or SPLG?
- In the year to Sep 12, 2026, with distributions reinvested, PVAL returned +28.4% and SPLG returned +17.6%, so PVAL returned more. One year is one year; the longer windows are in the table.
Other comparisons
Where to next
Cite this page. ETFIQ, PVAL against SPLG, data as of Sep 12, 2026. https://etfiq.com/compare/any/PVAL-SPLG Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources