Get the weekly note

Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

PVAL vs VONG: how they differ

PVAL and VONG hold 12% of their weight in the same names, and PVAL returned more over the year.

Putnam Focused Large Cap Value ETF and Vanguard Russell 1000 Growth Index Fund.

What they hold in common

By the books each fund has filed, PVAL and VONG hold 12% of their money in the same securities at the same weight.

Positions PVAL and VONG both hold, largest shared weight first
HoldingPVALVONG
ALPHABET INC3.33%3.91%
AMAZON.COM INC2.96%5.07%
MICROSOFT CORP2.96%8.98%
ADVANCED MICRO DEVICES INC3.09%1.47%
COCA-COLA COMPANY (THE)2.85%0.45%
MCKESSON CORP2.44%0.26%
HILTON WORLDWIDE HOLDINGS INC2.87%0.23%
QUALCOMM INC2.15%0.18%
WALMART INC1.39%0.15%
APOLLO GLOBAL MANAGEMENT INC1.41%0.11%
CITIGROUP INC4.68%0.11%
NRG ENERGY INC0.88%0.08%
Largest positions each one holds and the other does not
Only in PVALOnly in VONG
CISCO SYSTEMS INC 6.06%NVIDIA Corp 13.09%
EXXON MOBIL CORP 3.66%Apple Inc 11.97%
SEAGATE TECHNOLOGY HOLDINGS PLC 3.08%Broadcom Inc 5.78%
FREEPORT-MCMORAN INC 2.95%Tesla Inc 3.48%
PHILIP MORRIS INTERNATIONAL INC 2.72%Meta Platforms Inc 3.20%
FEDEX CORP 2.71%Alphabet Inc 3.15%
ALLSTATE CORP (THE) 2.48%Eli Lilly & Co 2.67%
GENERAL MOTORS COMPANY 2.46%Visa Inc 1.57%

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 and VONG on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
PVAL
Putnam Focused Large Cap Value ETF
VONG
Vanguard Russell 1000 Growth Index Fund
Where it sitsCore index fundCore index fund
IssuerPutnamVanguard
What it isPutnam Focused Large Cap ValueRussell 1000 Growth
Total return, 1 year+28.4%+7.2%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500+10.8 pts−10.3 pts
Expense rationot published0.07%
Already in the S&P 50094.9%95.6%
Holdings45387

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%.

VONG in plain words

VONG is an index equity fund tracking the Russell 1000 Growth. Over the year to Sep 11, 2026 it returned +7.2% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.07% a year. By its holdings filed for May 31, 2026, 96% of the fund by weight is stocks the S&P 500 also holds, across 387 positions, with the top ten at 61.3%. It sat 4.9% below its high of Jun 1, 2026 on Sep 11, 2026.

Questions people ask

Which returned more over the last year, PVAL or VONG?
In the year to Sep 12, 2026, with distributions reinvested, PVAL returned +28.4% and VONG returned +7.2%, so PVAL returned more. One year is one year; the longer windows are in the table.
How much do PVAL and VONG overlap with the S&P 500?
By their latest filed holdings, 95% of PVAL and 96% of VONG by weight is stocks the S&P 500 already holds. Between the two funds, 12% 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.

PVAL against VONG, ETFIQ, data as of Sep 12, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, PVAL against VONG, data as of Sep 12, 2026. https://etfiq.com/compare/any/PVAL-VONG Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources