Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
PVAL vs VUG: how they differ
PVAL and VUG hold 12% of their weight in the same names, and PVAL returned more over the year.
Putnam Focused Large Cap Value ETF and Vanguard Growth Index Fund.
What they hold in common
By the books each fund has filed, PVAL and VUG hold 12% of their money in the same securities at the same weight.
| Holding | PVAL | VUG |
|---|---|---|
| ALPHABET INC | 3.33% | 5.76% |
| AMAZON.COM INC | 2.96% | 4.47% |
| MICROSOFT CORP | 2.96% | 7.62% |
| ADVANCED MICRO DEVICES INC | 3.09% | 2.62% |
| HILTON WORLDWIDE HOLDINGS INC | 2.87% | 0.22% |
| APOLLO GLOBAL MANAGEMENT INC | 1.41% | 0.08% |
| Only in PVAL | Only in VUG |
|---|---|
| CISCO SYSTEMS INC 6.06% | NVIDIA Corp 12.63% |
| CITIGROUP INC 4.68% | Apple Inc 11.67% |
| EXXON MOBIL CORP 3.66% | Alphabet Inc 4.54% |
| SEAGATE TECHNOLOGY HOLDINGS PLC 3.08% | Broadcom Inc 4.29% |
| FREEPORT-MCMORAN INC 2.95% | Meta Platforms Inc 3.41% |
| COCA-COLA COMPANY (THE) 2.85% | Tesla Inc 3.27% |
| PHILIP MORRIS INTERNATIONAL INC 2.72% | Eli Lilly & Co 2.81% |
| FEDEX CORP 2.71% | Applied Materials Inc 1.60% |
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 | VUG Vanguard Growth Index Fund | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Putnam | Vanguard |
| What it is | Putnam Focused Large Cap Value | US growth |
| Total return, 1 year | +28.4% | +12.9% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +10.8 pts | −4.6 pts |
| Expense ratio | not published | 0.03% |
| Already in the S&P 500 | 94.9% | 97.4% |
| 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%.
VUG in plain words
VUG is an index equity fund tracking the US growth. Over the year to Sep 11, 2026 it returned +12.9% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.03% a year. By its holdings filed for Jun 30, 2026, 97% of the fund by weight is stocks the S&P 500 also holds, across 147 positions, with the top ten at 60.5%.
Questions people ask
- Which returned more over the last year, PVAL or VUG?
- In the year to Sep 12, 2026, with distributions reinvested, PVAL returned +28.4% and VUG returned +12.9%, so PVAL returned more. One year is one year; the longer windows are in the table.
- How much do PVAL and VUG overlap with the S&P 500?
- By their latest filed holdings, 95% of PVAL and 97% of VUG 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.
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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 VUG, data as of Sep 12, 2026. https://etfiq.com/compare/any/PVAL-VUG Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources