Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
PVAL vs SPMO: how they differ
PVAL and SPMO hold 18% of their weight in the same names, and PVAL returned more over the year.
Putnam Focused Large Cap Value ETF and Invesco S&P 500 Momentum ETF.
What they hold in common
By the books each fund has filed, PVAL and SPMO hold 18% of their money in the same securities at the same weight.
| Holding | PVAL | SPMO |
|---|---|---|
| ALPHABET INC | 3.33% | 4.81% |
| ADVANCED MICRO DEVICES INC | 3.09% | 4.14% |
| EXXON MOBIL CORP | 3.66% | 2.78% |
| CISCO SYSTEMS INC | 6.06% | 2.02% |
| GOLDMAN SACHS GROUP INC (THE) | 2.24% | 1.43% |
| PHILIP MORRIS INTERNATIONAL INC | 2.72% | 1.29% |
| COCA-COLA COMPANY (THE) | 2.85% | 1.21% |
| CITIGROUP INC | 4.68% | 0.97% |
| CHARLES SCHWAB CORP (THE) | 2.01% | 0.55% |
| MCKESSON CORP | 2.44% | 0.46% |
| FREEPORT-MCMORAN INC | 2.95% | 0.41% |
| GENERAL MOTORS COMPANY | 2.46% | 0.41% |
| Only in PVAL | Only in SPMO |
|---|---|
| SEAGATE TECHNOLOGY HOLDINGS PLC 3.08% | Micron Technology, Inc. 10.72% |
| AMAZON.COM INC 2.96% | NVIDIA Corp. 8.46% |
| MICROSOFT CORP 2.96% | Broadcom Inc. 7.58% |
| HILTON WORLDWIDE HOLDINGS INC 2.87% | Johnson & Johnson 3.85% |
| FEDEX CORP 2.71% | Alphabet Inc. 3.81% |
| BANK OF AMERICA CORP 2.65% | Lam Research Corp. 3.54% |
| ALLSTATE CORP (THE) 2.48% | Intel Corp. 2.95% |
| THERMO FISHER SCIENTIFIC INC 2.15% | Caterpillar Inc. 2.60% |
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 | SPMO Invesco S&P 500 Momentum ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Putnam | Invesco |
| What it is | Putnam Focused Large Cap Value | S&P 500 Momentum |
| Total return, 1 year | +28.4% | +24.5% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +10.8 pts | +7.0 pts |
| Expense ratio | not published | 0.13% |
| Already in the S&P 500 | 94.9% | 100.0% |
| 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%.
SPMO in plain words
SPMO is an index equity fund tracking the S&P 500 Momentum. Over the year to Sep 11, 2026 it returned +24.5% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.13% a year. By its holdings filed for May 31, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 99 positions, with the top ten at 52.6%. It sat 8.3% below its high of Jun 22, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, PVAL or SPMO?
- In the year to Sep 12, 2026, with distributions reinvested, PVAL returned +28.4% and SPMO returned +24.5%, so PVAL returned more. One year is one year; the longer windows are in the table.
- How much do PVAL and SPMO overlap with the S&P 500?
- By their latest filed holdings, 95% of PVAL and 100% of SPMO by weight is stocks the S&P 500 already holds. Between the two funds, 18% 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, PVAL against SPMO, data as of Sep 12, 2026. https://etfiq.com/compare/any/PVAL-SPMO Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources