Data as of Oct 28, 2026.
PVAL vs XLF: Differences, Returns & Fees
Over the year to Oct 28, 2026, PVAL returned +26.6% to XLF's +7.6%; 12% of their weight is in the same names.
askIQ about this page
askIQ about PVAL and XLF
Net assets: $14.1bn on Aug 31, 2026 for Putnam Focused Large Cap Value ETF, and $51.6bn on Oct 27, 2026 for State Street Financial Select Sector SPDR ETF.
Pair scorecard
XLF costs 0.47 points a year less; their one-year returns differ by 19.0 points.
| Measure | PVAL | XLF |
|---|---|---|
| Return | ||
| Total return, 1 year | +26.6% | +7.6% |
| Drawdown | ||
| Below its high | 3.8%, high on Sep 3, 2026 | |
| Benchmark | ||
| What it tracks | No index, actively managed | Financial Select Sector Index |
| Cost and size | ||
| Expense ratio | 0.55% | 0.08% |
| Net assets, PVAL as of Aug 31, 2026 and XLF as of Oct 27, 2026 | $14.1bn | $51.6bn |
| Holdings | ||
| Holdings in common | 12% | |
| Top ten holdings, share of the fund | 42.8% | 57.4% |
Holdings in common uses holdings dated Aug 31, 2026 and Oct 27, 2026. Method
What they share
By the books each fund has filed, PVAL and XLF hold 12% of their money in the same securities at the same weight. Holdings dated Aug 31, 2026 and Oct 27, 2026.
half
12% in common
Only in one fund ↓
Side by side
PVAL and XLF on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
PVAL and XLF do different jobs. What does each one do in a portfolio?
- What each follows. PVAL follows No index, actively managed and XLF follows Financial Select Sector Index.
- Holdings in common. 12% of the weight is in the same securities (holdings dated Aug 31, 2026 and Oct 27, 2026).
- One-year total return. Over 1 year to Oct 28, 2026 PVAL returned +26.6% and XLF +7.6% with distributions reinvested, a gap of 19.0 points.
Data as of Oct 28, 2026.
The two-page PDF for this pair is coming. Save the comparison to follow its changes. Free. It needs an email sign-in, once.
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%.
XLF
XLF tracks an index of Financials. Over the year to Oct 28, 2026 it returned +7.6% with distributions reinvested. The prospectus expense ratio is 0.08% a year. By its holdings published by its issuer for Oct 27, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 77 positions, with the top ten at 57.4%. It sat 3.8% below its high of Sep 3, 2026 on Oct 28, 2026.
Questions people ask
- Which returned more over the last year, PVAL or XLF?
- In the year to Oct 28, 2026, with distributions reinvested, PVAL returned +26.6% and XLF +7.6%.
- Which is cheaper, PVAL or XLF?
- XLF is cheaper, by 0.47 percentage points a year. That is about $47 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, PVAL against XLF, data as of Oct 28, 2026. https://etfiq.com/compare/any/pval-vs-xlf
ETFIQ. (Oct 28, 2026). PVAL against XLF. Retrieved from https://etfiq.com/compare/any/pval-vs-xlf
[PVAL against XLF (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/pval-vs-xlf)
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.