Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
PVAL vs XLRE: how they differ
PVAL and XLRE 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) Real Estate Select Sector SPDR(R) ETF.
What they hold in common
By the books each fund has filed, PVAL and XLRE hold 2% of their money in the same securities at the same weight.
| Holding | PVAL | XLRE |
|---|---|---|
| PROLOGIS INC | 2.04% | 8.72% |
| Only in PVAL | Only in XLRE |
|---|---|
| CISCO SYSTEMS INC 6.06% | Welltower Inc 11.07% |
| CITIGROUP INC 4.68% | Equinix Inc 7.10% |
| EXXON MOBIL CORP 3.66% | American Tower Corp 5.26% |
| ALPHABET INC 3.33% | Simon Property Group Inc 5.01% |
| ADVANCED MICRO DEVICES INC 3.09% | Realty Income Corp 4.57% |
| SEAGATE TECHNOLOGY HOLDINGS PLC 3.08% | Digital Realty Trust Inc 4.55% |
| AMAZON.COM INC 2.96% | Public Storage 4.51% |
| MICROSOFT CORP 2.96% | Ventas Inc 4.50% |
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 | XLRE State Street(R) Real Estate Select Sector SPDR(R) ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Putnam | State Street |
| What it is | Putnam Focused Large Cap Value | Real estate |
| Total return, 1 year | +28.4% | +5.6% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +10.8 pts | −11.9 pts |
| Expense ratio | not published | 0.08% |
| Already in the S&P 500 | 94.9% | 100.0% |
| Holdings | 45 | 31 |
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%.
XLRE in plain words
XLRE is an index equity fund tracking the Real estate. Over the year to Sep 11, 2026 it returned +5.6% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.08% 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 31 positions, with the top ten at 59.4%. It sat 5.6% below its high of Jul 28, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, PVAL or XLRE?
- In the year to Sep 12, 2026, with distributions reinvested, PVAL returned +28.4% and XLRE returned +5.6%, so PVAL returned more. One year is one year; the longer windows are in the table.
- How much do PVAL and XLRE overlap with the S&P 500?
- By their latest filed holdings, 95% of PVAL and 100% of XLRE 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.
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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 XLRE, data as of Sep 12, 2026. https://etfiq.com/compare/any/PVAL-XLRE Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources