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 373 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
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
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
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 37. There are 187 mutual funds in the Foreign Large Cap Equities category with higher risk-adjusted ranks, going as high as 91.

Symbol	Name	Risk / Return Rank	AUM	Inception
SWRLX	Touchstone International Equity Fund	91	—	Mar 1993	PNGAX vs SWRLX
GTMIX	GMO Tax-Managed International Equities Fund	91	—	Jul 1998	PNGAX vs GTMIX
TIVFX	American Beacon Tocqueville International Value Fu...	90	—	Aug 1994	PNGAX vs TIVFX
SAHMX	SA International Value Fund	89	—	Aug 1999	PNGAX vs SAHMX
THOIX	Thornburg Global Opportunities Fund	89	—	Jul 2006	PNGAX vs THOIX

Top Performing PNGAX Alternatives (YTD)

PNGAX is at 8.00% YTD. There are 257 mutual funds in the Foreign Large Cap Equities category with higher YTD returns, going as high as 33.96%.

Symbol	Name	YTD Return	AUM	Inception
TIVFX	American Beacon Tocqueville International Value Fu...	33.96%	—	Aug 1994	PNGAX vs TIVFX
CIGIX	Calamos International Growth Fund	29.92%	—	Mar 2005	PNGAX vs CIGIX
LIAGX	Lord Abbett International Growth Fund	26.27%	—	Jun 2021	PNGAX vs LIAGX
FISZX	Fidelity SAI International SMA Completion Fund	26.14%	—	Apr 2019	PNGAX vs FISZX
JIJIX	John Hancock International Dynamic Growth Fund	25.48%	—	May 2019	PNGAX vs JIJIX

Lowest Volatility Alternatives to PNGAX

PNGAX has 14.52% 1-year volatility. There are 106 mutual funds in the Foreign Large Cap Equities category with lower 1-year volatility, going as low as 8.75%.

Symbol	Name	Volatility 1Y	AUM	Inception
FAOSX	Fidelity Advisor Overseas Fund Class Z	8.75%	—	Feb 2017	PNGAX vs FAOSX
FAOCX	Fidelity Advisor Overseas Fund Class C	8.75%	—	Nov 1997	PNGAX vs FAOCX
FAOAX	Fidelity Advisor Overseas Fund Class A	8.76%	—	Sep 1996	PNGAX vs FAOAX
FAOIX	Fidelity Advisor Overseas Fund Class I	8.77%	—	Jul 1995	PNGAX vs FAOIX
FAERX	Fidelity Advisor Overseas Fund Class M	8.77%	—	Apr 1990	PNGAX vs FAERX

Lowest Drawdown Alternatives to PNGAX

PNGAX has a 1-year max drawdown of -10.51%. There are 66 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
FAERX	Fidelity Advisor Overseas Fund Class M	-7.29%	—	Apr 1990	PNGAX vs FAERX

Other Mutual Funds from Putnam

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

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
PEYAX	Putnam Large Cap Value Fund	Large Cap Value Equities	79	10.36%	—	Jun 1977	PNGAX vs PEYAX
PEQSX	Putnam Large Cap Value Fund Class R6	Large Cap Value Equities	80	10.52%	—	Jul 2012	PNGAX vs PEQSX
PEIYX	Putnam Large Cap Value Fund	Large Cap Value Equities	80	10.48%	—	Jan 1998	PNGAX vs PEIYX
POGAX	Putnam Growth Opportunities Fund	Large Cap Growth Equities	14	2.88%	—	Oct 1995	PNGAX vs POGAX
PGTYX	Putnam Global Technology Fund	Technology Equities	70	31.62%	—	Dec 2008	PNGAX vs PGTYX
PNOPX	Putnam Sustainable Leaders Fund	Large Cap Growth Equities	18	1.57%	—	Aug 1990	PNGAX vs PNOPX
PMYYX	Putnam Multi-Cap Core Fund	Large Cap Blend Equities	44	5.94%	—	Sep 2010	PNGAX vs PMYYX
PGOYX	Putnam Large Cap Growth Y	Large Cap Growth Equities	15	2.99%	—	Aug 1999	PNGAX vs PGOYX
PSDYX	Putnam Ultra Short Duration Income Fund	Ultrashort Bond	98	1.43%	—	Oct 2011	PNGAX vs PSDYX
PNSAX	Putnam Small Cap Growth Fund	Small Cap Growth Equities	38	24.35%	—	Dec 1997	PNGAX vs PNSAX

Often Compared With PNGAX

Investors most often compare PNGAX with FZAJX, DODFX, FFLC. 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	16	8.96%	—	Aug 2013	PNGAX vs FZAJX
DODFX	Dodge & Cox International Stock Fund	Foreign Large Cap Equities, Large Cap Value Equities, Actively Managed	60	11.85%	—	May 2001	PNGAX vs DODFX
FFLC	Fidelity Fundamental Large Cap Core ETF	Large Cap Blend Equities	55	9.11%	1.17B	Jun 2020	PNGAX vs FFLC
EFA	iShares MSCI EAFE ETF	Foreign Large Cap Equities	40	8.17%	77.82B	Aug 2001	PNGAX vs EFA
VIVAX	Vanguard Value Index Fund	Large Cap Value Equities	86	14.37%	—	Nov 1992	PNGAX vs VIVAX
VTI	Vanguard Total Stock Market ETF	Large Cap Blend Equities	60	8.80%	2.30T	May 2001	PNGAX vs VTI
VOO	Vanguard S&P 500 ETF	S&P 500	60	8.08%	1.70T	Sep 2010	PNGAX vs VOO
EFAS	Global X MSCI SuperDividend® EAFE ETF	Foreign Large Cap Equities	81	12.03%	48.48M	Nov 2016	PNGAX vs EFAS
BTMKX	iShares MSCI EAFE International Index Fund	Foreign Large Cap Equities	31	8.57%	—	Apr 2011	PNGAX vs BTMKX
FHIIX	Federated Hermes High Income Bond Fund	High Yield Bonds	45	1.02%	—	Nov 1977	PNGAX vs FHIIX
FMUSX	Federated Hermes Municipal Ultra Short Fund	Municipal Bonds	95	0.72%	—	Oct 2000	PNGAX vs FMUSX
LVHI	Franklin International Low Volatility High Dividen...	Volatility Hedged Equity, Dividend	93	12.17%	4.99B	Jul 2016	PNGAX vs LVHI
SIMYX	SEI Institutional Managed Trust Tax-Managed Intern...	Foreign Large Cap Equities	34	5.29%	—	Oct 2016	PNGAX vs SIMYX
CMNIX	Calamos Market Neutral Income Fund Institutional C...		98	2.77%	—	May 2000	PNGAX vs CMNIX
ANDIX	AQR International Defensive Style Fund	Foreign Large Cap Equities	—	—	—	Jul 2012	PNGAX vs ANDIX
PZRIX	PIMCO RAE Global ex-US Fund	Foreign Large Cap Equities	69	8.78%	—	Jun 2015	PNGAX vs PZRIX
GSINX	Goldman Sachs GQG Partners International Opportuni...	Foreign Large Cap Equities	16	4.11%	—	Dec 2016	PNGAX vs GSINX
FIDAX	John Hancock Financial Industries Fund	Financials Equities	10	2.79%	—	Mar 1996	PNGAX vs FIDAX
GQJPX	GQG Partners International Quality Dividend Income...	Foreign Large Cap Equities	22	4.09%	—	Jun 2021	PNGAX vs GQJPX
EPDIX	EuroPac International Dividend Income Fund	Foreign Large Cap Equities	68	6.45%	—	Jan 2014	PNGAX vs EPDIX

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