Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
PVAL vs SPYG: how they differ
PVAL and SPYG hold 14% of their weight in the same names, and PVAL returned more over the year.
Putnam Focused Large Cap Value ETF and State Street(R) SPDR(R) Portfolio S&P 500(R) Growth ETF.
What they hold in common
By the books each fund has filed, PVAL and SPYG hold 14% of their money in the same securities at the same weight.
| Holding | PVAL | SPYG |
|---|---|---|
| ALPHABET INC | 3.33% | 5.91% |
| AMAZON.COM INC | 2.96% | 3.48% |
| MICROSOFT CORP | 2.96% | 7.81% |
| ADVANCED MICRO DEVICES INC | 3.09% | 2.67% |
| CISCO SYSTEMS INC | 6.06% | 0.69% |
| GOLDMAN SACHS GROUP INC (THE) | 2.24% | 0.55% |
| PHILIP MORRIS INTERNATIONAL INC | 2.72% | 0.45% |
| COCA-COLA COMPANY (THE) | 2.85% | 0.37% |
| HILTON WORLDWIDE HOLDINGS INC | 2.87% | 0.21% |
| UNITED RENTALS INC | 1.09% | 0.11% |
| APOLLO GLOBAL MANAGEMENT INC | 1.41% | 0.08% |
| NRG ENERGY INC | 0.88% | 0.06% |
| Only in PVAL | Only in SPYG |
|---|---|
| CITIGROUP INC 4.68% | NVIDIA Corp 13.66% |
| EXXON MOBIL CORP 3.66% | Apple Inc 5.99% |
| SEAGATE TECHNOLOGY HOLDINGS PLC 3.08% | Broadcom Inc 5.04% |
| FREEPORT-MCMORAN INC 2.95% | Alphabet Inc 4.71% |
| FEDEX CORP 2.71% | Micron Technology Inc 3.67% |
| BANK OF AMERICA CORP 2.65% | Meta Platforms Inc 3.49% |
| SOUTHWEST AIRLINES COMPANY 2.60% | Eli Lilly & Co 2.67% |
| ALLSTATE CORP (THE) 2.48% | Berkshire Hathaway Inc 2.58% |
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.
| PVAL Putnam Focused Large Cap Value ETF | SPYG State Street(R) SPDR(R) Portfolio S&P 500(R) Growth ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Putnam | State Street |
| What it is | Putnam Focused Large Cap Value | SPDR Portfolio S&P 500 Growth |
| Total return, 1 year | +28.4% | +17.9% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +10.8 pts | +0.4 pts |
| Expense ratio | not published | 0.04% |
| Already in the S&P 500 | 94.9% | 100.0% |
| Holdings | 45 | 147 |
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%.
SPYG in plain words
SPYG is an index equity fund tracking the SPDR Portfolio S&P 500 Growth. Over the year to Sep 11, 2026 it returned +17.9% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.04% a year. By its holdings filed for Jun 30, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 147 positions, with the top ten at 56.4%.
Questions people ask
- Which returned more over the last year, PVAL or SPYG?
- In the year to Sep 12, 2026, with distributions reinvested, PVAL returned +28.4% and SPYG returned +17.9%, so PVAL returned more. One year is one year; the longer windows are in the table.
- How much do PVAL and SPYG overlap with the S&P 500?
- By their latest filed holdings, 95% of PVAL and 100% of SPYG by weight is stocks the S&P 500 already holds. Between the two funds, 14% 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 SPYG, data as of Sep 12, 2026. https://etfiq.com/compare/any/PVAL-SPYG Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources