Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
PVAL vs RSP: how they differ
PVAL and RSP hold 0% of their weight in the same names, and PVAL returned more over the year.
Putnam Focused Large Cap Value ETF and Invesco S&P 500 Equal Weight ETF.
What they hold in common
By the books each fund has filed, PVAL and RSP hold 0% of their money in the same securities at the same weight.
| Only in PVAL | Only in RSP |
|---|---|
| CISCO SYSTEMS INC 6.06% | Moderna Inc 0.58% |
| CITIGROUP INC 4.68% | Veeva Systems Inc 0.31% |
| EXXON MOBIL CORP 3.66% | Zebra Technologies Corp 0.31% |
| ALPHABET INC 3.33% | Marathon Petroleum Corp 0.29% |
| ADVANCED MICRO DEVICES INC 3.09% | Valero Energy Corp 0.29% |
| SEAGATE TECHNOLOGY HOLDINGS PLC 3.08% | Charles River Laboratories International 0.28% |
| AMAZON.COM INC 2.96% | Phillips 66 0.28% |
| MICROSOFT CORP 2.96% | Salesforce Inc 0.28% |
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.
| PVAL Putnam Focused Large Cap Value ETF | RSP Invesco S&P 500 Equal Weight ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Putnam | Invesco |
| What it is | Putnam Focused Large Cap Value | S&P 500 equal weight |
| Total return, 1 year | +28.4% | +14.8% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +10.8 pts | −2.7 pts |
| Expense ratio | not published | 0.20% |
| Already in the S&P 500 | 94.9% | 99.1% |
| Holdings | 45 | 506 |
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%.
RSP in plain words
RSP is an index equity fund tracking the S&P 500 equal weight. Over the year to Sep 11, 2026 it returned +14.8% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.20% a year. By its holdings filed for Sep 10, 2026, 99% of the fund by weight is stocks the S&P 500 also holds, across 506 positions, with the top ten at 3.2%. It sat 3.5% below its high of Aug 14, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, PVAL or RSP?
- In the year to Sep 13, 2026, with distributions reinvested, PVAL returned +28.4% and RSP returned +14.8%, so PVAL returned more. One year is one year; the longer windows are in the table.
- How much do PVAL and RSP overlap with the S&P 500?
- By their latest filed holdings, 95% of PVAL and 99% of RSP 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.
Other comparisons
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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 RSP, data as of Sep 13, 2026. https://etfiq.com/compare/any/pval-vs-rsp Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources