Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
PVAL vs XLF: how they differ
PVAL and XLF hold 0% of their weight in the same names, and PVAL returned more over the year.
Putnam Focused Large Cap Value ETF and State Street(R) Financial Select Sector SPDR(R) ETF.
What they hold in common
By the books each fund has filed, PVAL and XLF hold 0% of their money in the same securities at the same weight.
| Only in PVAL | Only in XLF |
|---|---|
| CISCO SYSTEMS INC 6.06% | JPMORGAN CHASE + CO 11.81% |
| CITIGROUP INC 4.68% | BERKSHIRE HATHAWAY INC CL B 11.59% |
| EXXON MOBIL CORP 3.66% | VISA INC CLASS A SHARES 7.60% |
| ALPHABET INC 3.33% | MASTERCARD INC A 5.69% |
| ADVANCED MICRO DEVICES INC 3.09% | BANK OF AMERICA CORP 5.09% |
| SEAGATE TECHNOLOGY HOLDINGS PLC 3.08% | GOLDMAN SACHS GROUP INC 3.75% |
| AMAZON.COM INC 2.96% | WELLS FARGO + CO 3.41% |
| MICROSOFT CORP 2.96% | MORGAN STANLEY 3.18% |
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 | XLF State Street(R) Financial 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 | Financials |
| Total return, 1 year | +28.4% | +7.6% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +10.8 pts | −9.9 pts |
| Expense ratio | not published | 0.08% |
| Already in the S&P 500 | 94.9% | 100.0% |
| Holdings | 45 | 79 |
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%.
XLF in plain words
XLF is an index equity fund tracking the Financials. Over the year to Sep 11, 2026 it returned +7.6% 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 Sep 10, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 79 positions, with the top ten at 57.3%.
Questions people ask
- Which returned more over the last year, PVAL or XLF?
- In the year to Sep 13, 2026, with distributions reinvested, PVAL returned +28.4% and XLF returned +7.6%, so PVAL returned more. One year is one year; the longer windows are in the table.
- How much do PVAL and XLF overlap with the S&P 500?
- By their latest filed holdings, 95% of PVAL and 100% of XLF 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 XLF, data as of Sep 13, 2026. https://etfiq.com/compare/any/pval-vs-xlf Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources