Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
PVAL vs XRT: how they differ
PVAL and XRT hold 4% 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) Retail ETF.
What they hold in common
By the books each fund has filed, PVAL and XRT hold 4% of their money in the same securities at the same weight.
| Holding | PVAL | XRT |
|---|---|---|
| AMAZON.COM INC | 2.96% | 1.35% |
| WALMART INC | 1.39% | 1.27% |
| BJ'S WHOLESALE CLUB HOLDINGS INC | 1.03% | 1.27% |
| Only in PVAL | Only in XRT |
|---|---|
| CISCO SYSTEMS INC 6.06% | Groupon Inc 1.78% |
| CITIGROUP INC 4.68% | RealReal Inc/The 1.75% |
| EXXON MOBIL CORP 3.66% | Bath & Body Works Inc 1.73% |
| ALPHABET INC 3.33% | Warby Parker Inc 1.64% |
| ADVANCED MICRO DEVICES INC 3.09% | Upbound Group Inc 1.59% |
| SEAGATE TECHNOLOGY HOLDINGS PLC 3.08% | Coupang Inc 1.55% |
| MICROSOFT CORP 2.96% | Maplebear Inc 1.55% |
| FREEPORT-MCMORAN INC 2.95% | Revolve Group Inc 1.52% |
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 | XRT State Street(R) SPDR(R) S&P(R) Retail 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 Retail |
| Total return, 1 year | +28.4% | −3.0% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +10.8 pts | −20.6 pts |
| Expense ratio | not published | 0.35% |
| Already in the S&P 500 | 94.9% | 22.5% |
| Holdings | 45 | 75 |
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%.
XRT in plain words
XRT is an index equity fund tracking the SPDR S&P Retail. Over the year to Sep 11, 2026 it returned −3.0% 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, 22% of the fund by weight is stocks the S&P 500 also holds, across 75 positions, with the top ten at 16.1%. It sat 12.2% below its high of Nov 16, 2021 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, PVAL or XRT?
- In the year to Sep 12, 2026, with distributions reinvested, PVAL returned +28.4% and XRT returned −3.0%, so PVAL returned more. One year is one year; the longer windows are in the table.
- How much do PVAL and XRT overlap with the S&P 500?
- By their latest filed holdings, 95% of PVAL and 22% of XRT by weight is stocks the S&P 500 already holds. Between the two funds, 4% 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 XRT, data as of Sep 12, 2026. https://etfiq.com/compare/any/PVAL-XRT Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources