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IWXvsPVALETF Comparison

ETF 1

IWX

iShares Russell Top 200 Value ETF

This fund is part of

US Large Cap Value

-0.09%

Full IWX fund page

VS

ETF 2

PVAL

Putnam Focused Large Cap Value ETF

This fund is part of

US Large Cap Value

-0.09%

Full PVAL fund page

iShares Russell Top 200 Value ETF (IWX) and Putnam Focused Large Cap Value ETF (PVAL) belong to the same industry segment: US Large Cap Value. IWX's top 3 sector exposures are Financials, Health Care and Information Technology. In contrast, PVAL's top sector exposures are Financials, Industrials and Information Technology. IWX is less expensive with a Total Expense Ratio (TER) of 0.2%, versus 0.56% for PVAL. IWX is up 7.69% year-to-date (YTD) with -$463M in YTD flows. PVAL performs worse with 6.99% YTD performance, and +$2.73B in YTD flows. Run a side-by-side ETF comparison of IWX and PVAL below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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IWX vs PVAL performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 04/27/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	IWX PVAL	+8.21%+6.94%	+3.76%+3.26%	+7.69%+6.99%	+27.22%+34.47%	+58.17%+83.09%	+65.89%n/a
Flows	IWX PVAL	-$291M+$704M	-$529M+$1.95B	-$463M+$2.73B	+$146M+$5.91B	+$652M+$8.29B	+$1.15B-

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	IWX PVAL	+11.90%+13.14%	+10.33%+11.36%	+12.16%+13.40%	+13.91%n/a
Max drawdown	IWX PVAL	-6.62%-7.22%	-6.62%-7.22%	-13.33%-15.55%	-18.26%n/a
Max drawdown duration	IWX PVAL	67d66d	67d66d	128d204d	555dn/a

Trading data

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	IWX	PVAL
Last sale 4/28/2026 at 2:55 PM	$98.46	$48.55
Previous close 04/27/2026	$98.48	$48.63
Consolidated volume 04/27/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of March 31, 2026

1-year trailing difference

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PVAL

is actively managed and doesn’t replicate an index

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	IWX	PVAL
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 4/28/2026 at 2:55 PM

Live

Closed

	IWX	PVAL
Last price	$98.46	$48.55
1D performance	-0.02%	-0.17%
AuM	$3.33 B	$9.86 B
E/R	0.2%	0.56%

Characteristics

	IWX	PVAL
Management strategy	Passive	Active
Provider	iShares	Putnam
Benchmark	Russell Top 200 Value Index	-
N° of holdings	149	689
Asset class	Equities	-
Trailing 12m distribution yield	Join	Join
Inception date	September 22, 2009	May 27, 2021
ESG	No	No

More IWX data on Trackinsight

More PVAL data on Trackinsight

Exposure

Countries

IWX

USA

95.21%

Other

4.79%

PVAL

USA

83.45%

Other

16.55%

Sectors

IWX

Financials

21.21%

Health Care

13.58%

Information Techn.

11.69%

Industrials

11.55%

Communication Ser.

10.15%

Consumer Staples

8.24%

Other

23.59%

PVAL

Financials

17.13%

Industrials

12%

Information Techn.

9.19%

Consumer Discreti.

9.17%

Health Care

8.77%

Consumer Staples

7.83%

Other

35.9%

Diversification

IWX

Total weight of top 15 holdings out of 15

35.95%

PVAL

Total weight of top 15 holdings out of 15

45.63%

Top 15 holdings

Data as of March 31, 2026

IWX

BERKSHIRE HATHWAY

4.30%

JPMORGAN CHASE

3.89%

EXXON

3.49%

ALPHABET INC-CL

2.88%

JOHNSON&JOHNSON

2.86%

AMAZON.COM INC

2.67%

WALMART INC

2.37%

ALPHABET INC-CL

2.34%

CHEVRON TEXACO

1.88%

MICRON TECHNOLOGY

1.84%

PROCTERGAMBLE

1.65%

CISCO-T

1.50%

MERCK & CO INC

1.45%

BK OF AMERICA CO

1.43%

CATERPILLAR

1.40%

PVAL

CITIGROUP

5.25%

CISCO-T

3.64%

PHILLIP MORRIS

3.39%

FEDEX

3.10%

MCKESSON

3.06%

COCA-COLA

2.90%

THERMO FISHER SCIENTIFIC

2.81%

NEXTERA ENERGY

2.80%

FREEPORT-MCMORAN INC

2.78%

CONOCOPHILLIPS

2.72%

BK OF AMERICA CO

2.71%

CHARLES SCHWAB

2.65%

ALPHABET INC-CL

2.63%

JOHNSON CONTROLS INTERNATIONAL

2.61%

GENERAL MOTORS

2.57%

Frequently asked questions about IWX and PVAL

How have the IWX and PVAL ETFs performed in 2026?

As of April 27, 2026, IWX is up 7.69% year-to-date (YTD), while PVAL has returned 6.99%. That puts IWX better performer ahead so far this year.

Which ETF is attracting more investor money: IWX or PVAL?

Year-to-date, the IWX ETF saw -$463M in flows, compared to +$2.73B for PVAL.

Which ETF is more volatile: IWX or PVAL?

Over the past year, IWX had a volatility of 10.33%, while PVAL experienced 11.36%.

Which ETF is bigger: IWX or PVAL?

As of April 27, 2026, IWX holds $3.33 B in assets under management (AUM), while PVAL manages $9.86 B.

What sectors do the IWX and PVAL ETFs invest in?

IWX leans toward sectors like Financials, Health Care and Information Technology. Meanwhile, PVAL focuses on Financials, Industrials and Information Technology.

IWXvsPVALETF Comparison

iShares Russell Top 200 Value ETF

Putnam Focused Large Cap Value ETF

IWX vs PVAL performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the IWX and PVAL ETFs performed in 2026?

As of April 27, 2026, IWX is up 7.69% year-to-date (YTD), while PVAL has returned 6.99%. That puts IWX better performer ahead so far this year.

Which ETF is attracting more investor money: IWX or PVAL?

Year-to-date, the IWX ETF saw -$463M in flows, compared to +$2.73B for PVAL.

Which ETF is more volatile: IWX or PVAL?

Over the past year, IWX had a volatility of 10.33%, while PVAL experienced 11.36%.

Which ETF is bigger: IWX or PVAL?

As of April 27, 2026, IWX holds $3.33 B in assets under management (AUM), while PVAL manages $9.86 B.

What sectors do the IWX and PVAL ETFs invest in?

IWX leans toward sectors like Financials, Health Care and Information Technology. Meanwhile, PVAL focuses on Financials, Industrials and Information Technology.

What are the top holdings of the IWX ETF and PVAL ETF?

IWX top holdings include BERKSHIRE HATHWAY, JPMORGAN CHASE and EXXON. PVAL holds in its top three: CITIGROUP, CISCO-T and PHILLIP MORRIS.

Which ETF is more diversified: IWX or PVAL?

IWX holds 155 securities with 35.95% of its assets in the top 15. PVAL has 732 securities and a top 15 weight of 45.63%.

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