Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
PVAL vs VOO: how they differ
PVAL and VOO hold 19% of their weight in the same names, and PVAL returned more over the year.
Putnam Focused Large Cap Value ETF and Vanguard 500 Index Fund.
What they hold in common
By the books each fund has filed, PVAL and VOO hold 19% of their money in the same securities at the same weight.
| Holding | PVAL | VOO |
|---|---|---|
| ALPHABET INC | 3.33% | 3.26% |
| AMAZON.COM INC | 2.96% | 3.63% |
| MICROSOFT CORP | 2.96% | 4.31% |
| ADVANCED MICRO DEVICES INC | 3.09% | 1.47% |
| EXXON MOBIL CORP | 3.66% | 0.88% |
| WALMART INC | 1.39% | 0.77% |
| CISCO SYSTEMS INC | 6.06% | 0.72% |
| UNITEDHEALTH GROUP INC | 1.66% | 0.59% |
| BANK OF AMERICA CORP | 2.65% | 0.58% |
| COCA-COLA COMPANY (THE) | 2.85% | 0.49% |
| PHILIP MORRIS INTERNATIONAL INC | 2.72% | 0.44% |
| GOLDMAN SACHS GROUP INC (THE) | 2.24% | 0.43% |
| Only in PVAL | Only in VOO |
|---|---|
| SEAGATE TECHNOLOGY HOLDINGS PLC 3.08% | NVIDIA Corp 7.53% |
| JOHNSON CONTROLS INTERNATIONAL PLC 2.05% | Apple Inc 6.61% |
| ASTRAZENECA PLC 1.86% | Broadcom Inc 2.78% |
| SANOFI SA 1.34% | Alphabet Inc 2.60% |
| BJ'S WHOLESALE CLUB HOLDINGS INC 1.03% | Micron Technology Inc 2.02% |
| NOVO NORDISK A/S 0.85% | Meta Platforms Inc 1.92% |
| Tesla Inc 1.84% | |
| Eli Lilly & Co 1.48% |
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 | VOO Vanguard 500 Index Fund | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Putnam | Vanguard |
| What it is | Putnam Focused Large Cap Value | S&P 500 |
| Total return, 1 year | +28.4% | +17.6% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +10.8 pts | +0.1 pts |
| Expense ratio | not published | 0.03% |
| Already in the S&P 500 | 94.9% | 100.0% |
| Holdings | 45 | 506 |
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%.
VOO in plain words
VOO is an index equity fund tracking the S&P 500. Over the year to Sep 11, 2026 it returned +17.6% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.03% 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 506 positions, with the top ten at 36.5%.
Questions people ask
- Which returned more over the last year, PVAL or VOO?
- In the year to Sep 12, 2026, with distributions reinvested, PVAL returned +28.4% and VOO returned +17.6%, so PVAL returned more. One year is one year; the longer windows are in the table.
- How much do PVAL and VOO overlap with the S&P 500?
- By their latest filed holdings, 95% of PVAL and 100% of VOO by weight is stocks the S&P 500 already holds. Between the two funds, 19% 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 VOO, data as of Sep 12, 2026. https://etfiq.com/compare/any/PVAL-VOO Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources