Putnam Sustainable Future Fund (PMVAX) belongs to the Mid Cap Growth Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with PMVAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PMVAX
PMVAX charges 1.00% annually. There are 91 mutual funds in the Mid Cap Growth Equities category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| State Street Small/Mid Cap Equity Index Portfolio | 0.02% | — | Aug 2015 | PMVAX vs SSMHX | |
| Fidelity Extended Market Index Fund | 0.04% | — | — | PMVAX vs FSMAX | |
| Morgan Stanley Discovery Portfolio | 0.04% | — | Apr 2017 | PMVAX vs MMGPX | |
| Fidelity Mid Cap Growth Index Fund | 0.05% | — | Jul 2019 | PMVAX vs FMDGX | |
| Vanguard Mid-Cap Growth Index Fund Admiral Shares | 0.07% | 32.20B | Sep 2011 | PMVAX vs VMGMX |
Best Risk-Adjusted Alternatives to PMVAX
PMVAX has a PortfoliosLab risk / return rank of 6. There are 110 mutual funds in the Mid Cap Growth Equities category with higher risk-adjusted ranks, going as high as 93.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Needham Growth Fund | 93 | — | Jan 1996 | PMVAX vs NEEGX | |
| Vanguard Capital Opportunity Fund Investor Shares | 91 | 27.60B | Aug 1995 | PMVAX vs VHCOX | |
| Needham Growth Fund Institutional Class | 91 | — | Dec 2016 | PMVAX vs NEEIX | |
| Timothy Plan Aggressive Growth Fund | 90 | — | Oct 2000 | PMVAX vs TAAGX | |
| PrimeCap Odyssey Aggressive Growth Fund | 83 | — | Nov 2004 | PMVAX vs POAGX |
Top Performing PMVAX Alternatives (YTD)
PMVAX is at 4.35% YTD. There are 117 mutual funds in the Mid Cap Growth Equities category with higher YTD returns, going as high as 59.35%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Needham Growth Fund | 59.35% | — | Jan 1996 | PMVAX vs NEEGX | |
| Needham Growth Fund Institutional Class | 52.41% | — | Dec 2016 | PMVAX vs NEEIX | |
| Timothy Plan Aggressive Growth Fund | 36.54% | — | Oct 2000 | PMVAX vs TAAGX | |
| Essex Environmental Opportunities Fund | 31.64% | — | Sep 2017 | PMVAX vs EEOFX | |
| Calamos Timpani SMID Growth Fund | 29.85% | — | Jul 2019 | PMVAX vs CTIGX |
Lowest Volatility Alternatives to PMVAX
PMVAX has 16.05% 1-year volatility. There are 48 mutual funds in the Mid Cap Growth Equities category with lower 1-year volatility, going as low as 11.30%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Villere Equity Fund | 11.30% | — | May 2013 | PMVAX vs VLEQX | |
| BBH Select Series - Mid Cap Fund | 11.62% | — | May 2021 | PMVAX vs BBMIX | |
| Bright Rock Mid Cap Growth Fund | 12.19% | — | May 2010 | PMVAX vs BQMGX | |
| JPMorgan Mid Cap Equity Fund | 12.38% | — | Dec 1996 | PMVAX vs VSNGX | |
| Sparrow Growth Fund | 12.94% | — | Oct 1998 | PMVAX vs SGFFX |
Lowest Drawdown Alternatives to PMVAX
PMVAX has a 1-year max drawdown of -14.96%. There are 104 mutual funds in the Mid Cap Growth Equities category with shallower 1-year drawdowns, going as shallow as -7.81%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Victory Munder Mid-Cap Core Growth Fund | -7.81% | — | Jun 1998 | PMVAX vs MGOYX | |
| Villere Equity Fund | -8.09% | — | May 2013 | PMVAX vs VLEQX | |
| JPMorgan Mid Cap Equity Fund | -8.24% | — | Dec 1996 | PMVAX vs VSNGX | |
| BBH Select Series - Mid Cap Fund | -8.89% | — | May 2021 | PMVAX vs BBMIX | |
| Guggenheim StylePlus - Mid Growth Fund | -9.17% | — | Sep 1969 | PMVAX vs SECUX |
Other Mutual Funds from Putnam
The 10 most viewed Putnam mutual funds shown here include PEYAX, POGAX, PEQSX and span 5 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Putnam Large Cap Value Fund | Large Cap Value Equities | 80 | 9.88% | — | Jun 1977 | PMVAX vs PEYAX | |
| Putnam Growth Opportunities Fund | Large Cap Growth Equities | 27 | 9.53% | — | Oct 1995 | PMVAX vs POGAX | |
| Putnam Large Cap Value Fund Class R6 | Large Cap Value Equities | 81 | 10.03% | — | Jul 2012 | PMVAX vs PEQSX | |
| Putnam Large Cap Value Fund | Large Cap Value Equities | 81 | 10.00% | — | Jan 1998 | PMVAX vs PEIYX | |
| Putnam Global Technology Fund | Technology Equities | 91 | 44.30% | — | Dec 2008 | PMVAX vs PGTYX | |
| Putnam Sustainable Leaders Fund | Large Cap Growth Equities | 27 | 4.81% | — | Aug 1990 | PMVAX vs PNOPX | |
| Putnam Multi-Cap Core Fund | Large Cap Blend Equities | 59 | 8.74% | — | Sep 2010 | PMVAX vs PMYYX | |
| Putnam Large Cap Growth Y | Large Cap Growth Equities | 28 | 9.63% | — | Aug 1999 | PMVAX vs PGOYX | |
| Putnam Ultra Short Duration Income Fund | Ultrashort Bond | 98 | 1.43% | — | Oct 2011 | PMVAX vs PSDYX | |
| Putnam Research Fund | Large Cap Blend Equities | 86 | 14.19% | — | Oct 1995 | PMVAX vs PNRAX |
Often Compared With PMVAX
Investors most often compare PMVAX with LSHAX, IMIDX, PGOFX. These 19 comparison targets span 3 categories, based on PortfoliosLab usage data.
Compare PMVAX with Any Fund or Stock
Compare PMVAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PMVAX with funds that move differently
Putnam Sustainable Future Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PMVAX.
Explore PMVAX Diversifiers