Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
PVAL vs VYM: how they differ
PVAL and VYM hold 17% of their weight in the same names, and PVAL returned more over the year.
Putnam Focused Large Cap Value ETF and Vanguard High Dividend Yield Index Fund.
What they hold in common
By the books each fund has filed, PVAL and VYM hold 17% of their money in the same securities at the same weight.
| Holding | PVAL | VYM |
|---|---|---|
| EXXON MOBIL CORP | 3.66% | 2.73% |
| CISCO SYSTEMS INC | 6.06% | 1.52% |
| BANK OF AMERICA CORP | 2.65% | 1.45% |
| UNITEDHEALTH GROUP INC | 1.66% | 1.41% |
| COCA-COLA COMPANY (THE) | 2.85% | 1.28% |
| GOLDMAN SACHS GROUP INC (THE) | 2.24% | 1.08% |
| PHILIP MORRIS INTERNATIONAL INC | 2.72% | 1.08% |
| CITIGROUP INC | 4.68% | 0.89% |
| NEXTERA ENERGY INC | 2.00% | 0.85% |
| QUALCOMM INC | 2.15% | 0.80% |
| BLACKROCK INC | 1.18% | 0.68% |
| CONOCOPHILLIPS | 1.88% | 0.65% |
| Only in PVAL | Only in VYM |
|---|---|
| ALPHABET INC 3.33% | Broadcom Inc 8.07% |
| ADVANCED MICRO DEVICES INC 3.09% | JPMorgan Chase & Co 3.36% |
| SEAGATE TECHNOLOGY HOLDINGS PLC 3.08% | Johnson & Johnson 2.31% |
| AMAZON.COM INC 2.96% | Caterpillar Inc 1.73% |
| MICROSOFT CORP 2.96% | AbbVie Inc 1.57% |
| FREEPORT-MCMORAN INC 2.95% | Chevron Corp 1.51% |
| HILTON WORLDWIDE HOLDINGS INC 2.87% | Procter & Gamble Co/The 1.45% |
| GENERAL MOTORS COMPANY 2.46% | Home Depot Inc/The 1.37% |
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 Apr 30, 2026 and May 29, 2026.
| PVAL Putnam Focused Large Cap Value ETF | VYM Vanguard High Dividend Yield Index Fund | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Putnam | Vanguard |
| What it is | Putnam Focused Large Cap Value | US high dividend |
| 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 | 0.04% |
| Already in the S&P 500 | 94.9% | 92.2% |
| Holdings | 45 | 608 |
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%.
VYM in plain words
VYM is an index equity fund tracking the US high dividend. 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 0.04% a year. By its holdings filed for Apr 30, 2026, 92% of the fund by weight is stocks the S&P 500 also holds, across 608 positions, with the top ten at 25.7%.
Questions people ask
- Which returned more over the last year, PVAL or VYM?
- In the year to Sep 12, 2026, with distributions reinvested, PVAL returned +28.4% and VYM returned +17.6%, so PVAL returned more. One year is one year; the longer windows are in the table.
- How much do PVAL and VYM overlap with the S&P 500?
- By their latest filed holdings, 95% of PVAL and 92% of VYM by weight is stocks the S&P 500 already holds. Between the two funds, 17% 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 VYM, data as of Sep 12, 2026. https://etfiq.com/compare/any/PVAL-VYM Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources