Data as of Oct 28, 2026.
IBB vs PVAL: Differences, Returns & Fees
Over the year to Oct 28, 2026, IBB returned +37.5% to PVAL's +26.6%, and IBB charges 0.44% to PVAL's 0.55%.
askIQ about this page
askIQ about IBB and PVAL
Net assets: $11.0bn on Oct 27, 2026 for iShares Biotechnology ETF, and $14.1bn on Aug 31, 2026 for Putnam Focused Large Cap Value ETF.
Pair scorecard
IBB costs 0.11 points a year less; their one-year returns differ by 10.9 points.
| Measure | IBB | PVAL |
|---|---|---|
| Return | ||
| Total return, 1 year | +37.5% | +26.6% |
| Benchmark | ||
| What it tracks | Biotech | No index, actively managed |
| Cost and size | ||
| Expense ratio | 0.44% | 0.55% |
| Net assets, IBB as of Oct 27, 2026 and PVAL as of Aug 31, 2026 | $11.0bn | $14.1bn |
| Active share vs the S&P 500 | 99% | |
| Holdings | ||
| Holdings in common | 4% | |
| Top ten holdings, share of the fund | 50% | 42.8% |
Holdings in common uses holdings dated Aug 31, 2026 and Oct 27, 2026. Method
What they share
By the books each fund has filed, IBB and PVAL hold 4% of their money in the same securities at the same weight. Holdings dated Aug 31, 2026 and Oct 27, 2026.
half
4% in common
Only in one fund ↓
Side by side
IBB and PVAL on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
IBB
By weight, 40% of IBB's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 99%. The top ten holdings are 50% of the fund across 245 positions, as published by its issuer for Oct 27, 2026. Over the year to Oct 28, 2026 the fund returned +37.5% with distributions reinvested.
Over the year to Oct 28, 2026 it returned +26.6% with distributions reinvested, against +27.5% for its benchmark, the Russell 1000 Value Index.
PVAL is actively managed and tracks no index. The prospectus expense ratio is 0.55% a year. By its holdings filed for Aug 31, 2026, 91% of the fund by weight is stocks the S&P 500 also holds, across 44 positions, with the top ten at 42.8%.
Questions people ask
- Are IBB and PVAL in the same category?
- IBB is a thematic ETF and PVAL is a stock ETF, so they do different jobs. The table compares what both publish: return, cost and holdings.
- Which returned more over the last year, IBB or PVAL?
- In the year to Oct 28, 2026, with distributions reinvested, IBB returned +37.5% and PVAL +26.6%.
- Which is cheaper, IBB or PVAL?
- IBB is cheaper, by 0.11 percentage points a year. That is about $11 on $10,000 held for a year. Fees come from each fund's prospectus.
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
Cite this pageCitation, APA and Markdown
ETFIQ, IBB against PVAL, data as of Oct 28, 2026. https://etfiq.com/compare/any/ibb-vs-pval
ETFIQ. (Oct 28, 2026). IBB against PVAL. Retrieved from https://etfiq.com/compare/any/ibb-vs-pval
[IBB against PVAL (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/ibb-vs-pval)
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.