Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
PVAL vs VEA: how they differ
PVAL and VEA hold 0% of their weight in the same names, and PVAL returned more over the year.
Putnam Focused Large Cap Value ETF and Vanguard Developed Markets Index Fund.
What they hold in common
By the books each fund has filed, PVAL and VEA hold 0% of their money in the same securities at the same weight.
| Only in PVAL | Only in VEA |
|---|---|
| CISCO SYSTEMS INC 6.06% | ASML Holding NV 2.37% |
| CITIGROUP INC 4.68% | Samsung Electronics Co Ltd 1.56% |
| EXXON MOBIL CORP 3.66% | SK hynix Inc 1.40% |
| ALPHABET INC 3.33% | HSBC Holdings PLC 1.01% |
| ADVANCED MICRO DEVICES INC 3.09% | Novartis AG 0.91% |
| SEAGATE TECHNOLOGY HOLDINGS PLC 3.08% | Royal Bank of Canada 0.90% |
| AMAZON.COM INC 2.96% | AstraZeneca PLC 0.87% |
| MICROSOFT CORP 2.96% | Nestle SA 0.82% |
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 | VEA Vanguard Developed Markets Index Fund | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Putnam | Vanguard |
| What it is | Putnam Focused Large Cap Value | Developed markets ex US |
| 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 | 0.03% |
| Already in the S&P 500 | 94.9% | 0.0% |
| Holdings | 45 | 3870 |
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%.
VEA in plain words
VEA is an index equity fund tracking the Developed markets ex US. 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 0.03% a year. By its holdings filed for Jun 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 3870 positions, with the top ten at 13.2%.
Questions people ask
- Which returned more over the last year, PVAL or VEA?
- In the year to Sep 12, 2026, with distributions reinvested, PVAL returned +28.4% and VEA returned +24.5%, so PVAL returned more. One year is one year; the longer windows are in the table.
- How much do PVAL and VEA overlap with the S&P 500?
- By their latest filed holdings, 95% of PVAL and 0% of VEA by weight is stocks the S&P 500 already holds. Between the two funds, 0% of their books are the same securities at the same weight.
Other comparisons
Where to next
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 VEA, data as of Sep 12, 2026. https://etfiq.com/compare/any/PVAL-VEA Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources