Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
PVAL vs XHB: how they differ
PVAL and XHB hold 2% of their weight in the same names, and PVAL returned more over the year.
Putnam Focused Large Cap Value ETF and State Street(R) SPDR(R) S&P(R) Homebuilders ETF.
What they hold in common
By the books each fund has filed, PVAL and XHB hold 2% of their money in the same securities at the same weight.
| Holding | PVAL | XHB |
|---|---|---|
| PULTEGROUP INC | 1.68% | 3.44% |
| Only in PVAL | Only in XHB |
|---|---|
| CISCO SYSTEMS INC 6.06% | Owens Corning 4.10% |
| CITIGROUP INC 4.68% | Advanced Drainage Systems Inc 3.60% |
| EXXON MOBIL CORP 3.66% | KB Home 3.56% |
| ALPHABET INC 3.33% | Builders FirstSource Inc 3.56% |
| ADVANCED MICRO DEVICES INC 3.09% | Meritage Homes Corp 3.53% |
| SEAGATE TECHNOLOGY HOLDINGS PLC 3.08% | Toll Brothers Inc 3.52% |
| AMAZON.COM INC 2.96% | Installed Building Products Inc 3.49% |
| MICROSOFT CORP 2.96% | Masco Corp 3.41% |
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 | XHB State Street(R) SPDR(R) S&P(R) Homebuilders ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Putnam | State Street |
| What it is | Putnam Focused Large Cap Value | SPDR S&P Homebuilders |
| Total return, 1 year | +28.4% | −16.6% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +10.8 pts | −34.1 pts |
| Expense ratio | not published | 0.35% |
| Already in the S&P 500 | 94.9% | 45.7% |
| Holdings | 45 | 35 |
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%.
XHB in plain words
XHB is an index equity fund tracking the SPDR S&P Homebuilders. Over the year to Sep 11, 2026 it returned −16.6% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.35% a year. By its holdings filed for Jun 30, 2026, 46% of the fund by weight is stocks the S&P 500 also holds, across 35 positions, with the top ten at 35.6%. It sat 20.6% below its high of Oct 18, 2024 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, PVAL or XHB?
- In the year to Sep 12, 2026, with distributions reinvested, PVAL returned +28.4% and XHB returned −16.6%, so PVAL returned more. One year is one year; the longer windows are in the table.
- How much do PVAL and XHB overlap with the S&P 500?
- By their latest filed holdings, 95% of PVAL and 46% of XHB by weight is stocks the S&P 500 already holds. Between the two funds, 2% 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 XHB, data as of Sep 12, 2026. https://etfiq.com/compare/any/PVAL-XHB Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources