Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
PVAL vs VDE: how they differ
PVAL and VDE hold 7% of their weight in the same names, and VDE returned more over the year.
Putnam Focused Large Cap Value ETF and Vanguard Energy Index Fund.
What they hold in common
By the books each fund has filed, PVAL and VDE hold 7% of their money in the same securities at the same weight.
| Holding | PVAL | VDE |
|---|---|---|
| EXXON MOBIL CORP | 3.66% | 21.37% |
| VALERO ENERGY CORP | 1.88% | 3.19% |
| CONOCOPHILLIPS | 1.88% | 5.79% |
| Only in PVAL | Only in VDE |
|---|---|
| CISCO SYSTEMS INC 6.06% | Chevron Corp 14.53% |
| CITIGROUP INC 4.68% | Williams Cos Inc/The 3.65% |
| ALPHABET INC 3.33% | SLB Ltd 3.49% |
| ADVANCED MICRO DEVICES INC 3.09% | Marathon Petroleum Corp 3.29% |
| SEAGATE TECHNOLOGY HOLDINGS PLC 3.08% | EOG Resources Inc 3.06% |
| AMAZON.COM INC 2.96% | Phillips 66 2.98% |
| MICROSOFT CORP 2.96% | Baker Hughes Co 2.65% |
| FREEPORT-MCMORAN INC 2.95% | Kinder Morgan Inc 2.61% |
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 | VDE Vanguard Energy Index Fund | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Putnam | Vanguard |
| What it is | Putnam Focused Large Cap Value | Energy |
| Total return, 1 year | +28.4% | +50.6% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +10.8 pts | +33.1 pts |
| Expense ratio | not published | 0.09% |
| Already in the S&P 500 | 94.9% | 81.6% |
| Holdings | 45 | 105 |
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%.
VDE in plain words
VDE is an index equity fund tracking the Energy. Over the year to Sep 11, 2026 it returned +50.6% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.09% a year. By its holdings filed for May 31, 2026, 82% of the fund by weight is stocks the S&P 500 also holds, across 105 positions, with the top ten at 64.0%.
Questions people ask
- Which returned more over the last year, PVAL or VDE?
- In the year to Sep 12, 2026, with distributions reinvested, PVAL returned +28.4% and VDE returned +50.6%, so VDE returned more. One year is one year; the longer windows are in the table.
- How much do PVAL and VDE overlap with the S&P 500?
- By their latest filed holdings, 95% of PVAL and 82% of VDE by weight is stocks the S&P 500 already holds. Between the two funds, 7% 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 VDE, data as of Sep 12, 2026. https://etfiq.com/compare/any/PVAL-VDE Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources