Which returned more over the last year, IWC or PVAL?

In the year to Sep 13, 2026, with distributions reinvested, IWC returned +31.3% and PVAL returned +28.4%, so IWC returned more. One year is one year; the longer windows are in the table.

How much do IWC and PVAL overlap with the S&P 500?

By their latest filed holdings, 92% of IWC and 95% of PVAL by weight is stocks the S&P 500 already holds. Between the two funds, 0% of their books are the same securities at the same weight.

Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

IWC vs PVAL: how they differ

IWC and PVAL hold 0% of their weight in the same names, and IWC returned more over the year.

iShares Micro-Cap ETF and Putnam Focused Large Cap Value ETF.

What they hold in common

By the books each fund has filed, IWC and PVAL hold 0% of their money in the same securities at the same weight.

Largest positions each one holds and the other does not
Only in IWC	Only in PVAL
CAREDX 0.61%	CISCO SYSTEMS INC 6.06%
SELLAS LIFE SCIENCES GROUP INC 0.60%	CITIGROUP INC 4.68%
NURIX THERAPEUTICS 0.59%	EXXON MOBIL CORP 3.66%
PENGUIN SOLUTIONS INC 0.58%	ALPHABET INC 3.33%
OUSTER 0.52%	ADVANCED MICRO DEVICES INC 3.09%
VIRIDIAN THERAPEUTICS ORS 0.48%	SEAGATE TECHNOLOGY HOLDINGS PLC 3.08%
INTERFACE 0.47%	AMAZON.COM INC 2.96%
MBX BIOSCIENCES 0.45%	MICROSOFT CORP 2.96%

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 May 29, 2026 and Sep 10, 2026.

IWC and PVAL on the fields both publish, as of Sep 13, 2026. Source: ETFIQ.
	IWC iShares Micro-Cap ETF	PVAL Putnam Focused Large Cap Value ETF
Where it sits	Core index fund	Core index fund
Issuer	iShares	Putnam
What it is	Russell Microcap	Putnam Focused Large Cap Value
Total return, 1 year	+31.3%	+28.4%
S&P 500 over the same days	+17.5%	+17.5%
Gap to the S&P 500	+13.8 pts	+10.8 pts
Already in the S&P 500	91.9%	94.9%
Holdings	1252	45

IWC in plain words

IWC is an index equity fund tracking the Russell Microcap. Over the year to Sep 11, 2026 it returned +31.3% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. By its holdings filed for Sep 10, 2026, 92% of the fund by weight is stocks the S&P 500 also holds, across 1252 positions, with the top ten at 5.1%. It sat 5.0% below its high of Aug 14, 2026 on Sep 11, 2026.

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%.

Questions people ask

Which returned more over the last year, IWC or PVAL?: In the year to Sep 13, 2026, with distributions reinvested, IWC returned +31.3% and PVAL returned +28.4%, so IWC returned more. One year is one year; the longer windows are in the table.
How much do IWC and PVAL overlap with the S&P 500?: By their latest filed holdings, 92% of IWC and 95% of PVAL by weight is stocks the S&P 500 already holds. Between the two funds, 0% 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.

IWC against PVAL, ETFIQ, data as of Sep 13, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, IWC against PVAL, data as of Sep 13, 2026. https://etfiq.com/compare/any/iwc-vs-pval Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources