PNGAX Alternatives & Similar Mutual Funds

Putnam International Value Fund (PNGAX) belongs to the Foreign Large Cap Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with PNGAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to PNGAX

PNGAX charges 1.27% annually. There are 380 mutual funds in the Foreign Large Cap Equities category with lower expense ratios, going as low as 0.01%.

Symbol	Name	Expense Ratio	AUM	Inception
FSOSX	Fidelity Series Overseas Fund	0.01%	—	Jun 2019	PNGAX vs FSOSX
FSGEX	Fidelity Series Global ex U.S. Index Fund	0.01%	—	Sep 2009	PNGAX vs FSGEX
FHLFX	Fidelity Series International Index Fund	0.01%	—	Aug 2018	PNGAX vs FHLFX
FIGSX	Fidelity Series International Growth Fund	0.01%	—	Dec 2009	PNGAX vs FIGSX
FINVX	Fidelity Series International Value Fund	0.01%	—	Dec 2009	PNGAX vs FINVX

Best Risk-Adjusted Alternatives to PNGAX

PNGAX has a PortfoliosLab risk / return rank of 72. There are 110 mutual funds in the Foreign Large Cap Equities category with higher risk-adjusted ranks, going as high as 97.

Symbol	Name	Risk / Return Rank	AUM	Inception
GTMIX	GMO Tax-Managed International Equities Fund	97	—	Jul 1998	PNGAX vs GTMIX
SAHMX	SA International Value Fund	96	—	Aug 1999	PNGAX vs SAHMX
PTSIX	PIMCO RAE PLUS International Fund	95	—	Sep 2011	PNGAX vs PTSIX
SWRLX	Touchstone International Equity Fund	94	—	Mar 1993	PNGAX vs SWRLX
VIHAX	Vanguard International High Dividend Yield Index F...	94	20.40B	Mar 2016	PNGAX vs VIHAX

Top Performing PNGAX Alternatives (YTD)

PNGAX is at 14.02% YTD. There are 92 mutual funds in the Foreign Large Cap Equities category with higher YTD returns, going as high as 22.83%.

Symbol	Name	YTD Return	AUM	Inception
DCINX	Dunham International Stock Fund	22.83%	—	Dec 2004	PNGAX vs DCINX
QFVOX	Pear Tree Polaris Foreign Value Fund	21.28%	—	May 1998	PNGAX vs QFVOX
GTMIX	GMO Tax-Managed International Equities Fund	21.02%	—	Jul 1998	PNGAX vs GTMIX
SWRLX	Touchstone International Equity Fund	21.00%	—	Mar 1993	PNGAX vs SWRLX
GIOTX	GMO International Developed Equity Allocation Fund	20.64%	—	Jun 2006	PNGAX vs GIOTX

Lowest Volatility Alternatives to PNGAX

PNGAX has 14.40% 1-year volatility. There are 102 mutual funds in the Foreign Large Cap Equities category with lower 1-year volatility, going as low as 7.67%.

Symbol	Name	Volatility 1Y	AUM	Inception
FAOCX	Fidelity Advisor Overseas Fund Class C	7.67%	—	Nov 1997	PNGAX vs FAOCX
FAOAX	Fidelity Advisor Overseas Fund Class A	7.67%	—	Sep 1996	PNGAX vs FAOAX
FAOSX	Fidelity Advisor Overseas Fund Class Z	7.68%	—	Feb 2017	PNGAX vs FAOSX
FAERX	Fidelity Advisor Overseas Fund Class M	7.69%	—	Apr 1990	PNGAX vs FAERX
FAOIX	Fidelity Advisor Overseas Fund Class I	7.69%	—	Jul 1995	PNGAX vs FAOIX

Lowest Drawdown Alternatives to PNGAX

PNGAX has a 1-year max drawdown of -10.51%. There are 67 mutual funds in the Foreign Large Cap Equities category with shallower 1-year drawdowns, going as shallow as -6.94%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
RWIIX	Redwood AlphaFactor Tactical International Fund	-6.94%	—	Nov 2017	PNGAX vs RWIIX
IVFIX	Federated Hermes International Strategic Value Div...	-6.97%	—	Jun 2008	PNGAX vs IVFIX
FAOSX	Fidelity Advisor Overseas Fund Class Z	-7.26%	—	Feb 2017	PNGAX vs FAOSX
FAOIX	Fidelity Advisor Overseas Fund Class I	-7.28%	—	Jul 1995	PNGAX vs FAOIX
FAOAX	Fidelity Advisor Overseas Fund Class A	-7.29%	—	Sep 1996	PNGAX vs FAOAX

Other Mutual Funds from Putnam

The 10 most viewed Putnam mutual funds shown here include PEYAX, PEIYX, PEQSX and span 6 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
PEYAX	Putnam Large Cap Value Fund	Large Cap Value Equities	92	14.93%	—	Jun 1977	PNGAX vs PEYAX
PEIYX	Putnam Large Cap Value Fund	Large Cap Value Equities	93	15.07%	—	Oct 1998	PNGAX vs PEIYX
PEQSX	Putnam Large Cap Value Fund Class R6	Large Cap Value Equities	93	15.12%	—	Jul 2012	PNGAX vs PEQSX
POGAX	Putnam Growth Opportunities Fund	Large Cap Growth Equities	8	0.25%	—	Oct 1995	PNGAX vs POGAX
PGTYX	Putnam Global Technology Fund	Technology Equities	47	27.05%	—	Dec 2008	PNGAX vs PGTYX
PNOPX	Putnam Sustainable Leaders Fund	Large Cap Growth Equities	22	3.92%	—	Aug 1990	PNGAX vs PNOPX
PMYYX	Putnam Multi-Cap Core Fund	Large Cap Blend Equities	50	8.35%	—	Sep 2010	PNGAX vs PMYYX
PGOYX	Putnam Large Cap Growth Y	Large Cap Growth Equities	8	0.39%	—	Aug 1999	PNGAX vs PGOYX
PSDYX	Putnam Ultra Short Duration Income Fund	Ultrashort Bond	99	1.68%	—	Oct 2011	PNGAX vs PSDYX
PNSAX	Putnam Small Cap Growth Fund	Small Cap Growth Equities	25	15.42%	—	Dec 1997	PNGAX vs PNSAX

Often Compared With PNGAX

Investors most often compare PNGAX with FZAJX, FFLC, DODFX. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
FZAJX	Fidelity Advisor International Growth Fund Class Z	Foreign Large Cap Equities	19	7.55%	—	Aug 2013	PNGAX vs FZAJX
FFLC	Fidelity Fundamental Large Cap Core ETF	Large Cap Blend Equities	69	12.63%	1.20B	Jun 2020	PNGAX vs FFLC
DODFX	Dodge & Cox International Stock Fund	Foreign Large Cap Equities, Large Cap Value Equities, Actively Managed	82	14.88%	—	May 2001	PNGAX vs DODFX
EFA	iShares MSCI EAFE ETF	Foreign Large Cap Equities	68	12.15%	77.98B	Aug 2001	PNGAX vs EFA
VIVAX	Vanguard Value Index Fund Investor Shares	Large Cap Value Equities	93	16.25%	—	Nov 1992	PNGAX vs VIVAX
VTI	Vanguard Total Stock Market ETF	Large Cap Blend Equities	78	12.18%	2.30T	May 2001	PNGAX vs VTI
BTMKX	iShares MSCI EAFE International Index Fund	Foreign Large Cap Equities	62	11.92%	—	Apr 2011	PNGAX vs BTMKX
FHIIX	Federated Hermes High Income Bond Fund	High Yield Bonds	35	0.42%	—	Nov 1977	PNGAX vs FHIIX
VOO	Vanguard S&P 500 ETF	S&P 500	78	11.72%	1.70T	Sep 2010	PNGAX vs VOO
EFAS	Global X MSCI SuperDividend® EAFE ETF	Dividend, Foreign Large Cap Equities	95	21.51%	52.73M	Nov 2016	PNGAX vs EFAS
FMUSX	Federated Hermes Municipal Ultra Short Fund	Municipal Bonds	83	0.65%	—	Oct 2000	PNGAX vs FMUSX
PGHAX	Putnam Global Health Care Fund	Health & Biotech Equities	64	3.74%	—	Aug 2020	PNGAX vs PGHAX
LVHI	Franklin International Low Volatility High Dividen...	Dividend, Low Volatility	97	18.07%	5.48B	Jul 2016	PNGAX vs LVHI
PZRIX	PIMCO RAE Global ex-US Fund	Foreign Large Cap Equities	92	15.51%	—	Jun 2015	PNGAX vs PZRIX
POVSX	Putnam International Equity Fund	Foreign Large Cap Equities	56	11.76%	—	Feb 1991	PNGAX vs POVSX
CMNIX	Calamos Market Neutral Income Fund Institutional C...		98	3.73%	—	May 2000	PNGAX vs CMNIX
SIMYX	SEI Institutional Managed Trust Tax-Managed Intern...	Foreign Large Cap Equities, Low Volatility	73	11.18%	—	Oct 2016	PNGAX vs SIMYX
TIVFX	American Beacon Tocqueville International Value Fu...	Foreign Large Cap Equities	44	17.69%	—	Aug 1994	PNGAX vs TIVFX
GSINX	Goldman Sachs GQG Partners International Opportuni...	Foreign Large Cap Equities	53	8.09%	—	Dec 2016	PNGAX vs GSINX
ANDIX	AQR International Defensive Style Fund	Foreign Large Cap Equities	—	—	—	Jul 2012	PNGAX vs ANDIX

Compare PNGAX with Any Fund or Stock

Compare PNGAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair PNGAX with funds that move differently

Putnam International Value Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PNGAX.

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Putnam International Value Fund (PNGAX) Alternatives