Putnam Small Cap Value Fund (PSLAX) belongs to the Small Cap Value Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with PSLAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PSLAX
PSLAX charges 1.15% annually. There are 74 mutual funds in the Small Cap Value Equities category with lower expense ratios, going as low as 0.05%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Small Cap Value Index Fund | 0.05% | — | Jul 2019 | PSLAX vs FISVX | |
| Vanguard Small-Cap Value Index Fund Institutional ... | 0.06% | — | Dec 1999 | PSLAX vs VSIIX | |
| Vanguard Small-Cap Value Index Fund Admiral Shares | 0.07% | 65.50B | Sep 2011 | PSLAX vs VSIAX | |
| Vanguard Russell 2000 Value Index Fund Institution... | 0.08% | — | Jul 2012 | PSLAX vs VRTVX | |
| Vanguard S&P Small-Cap 600 Value Index Fund Instit... | 0.08% | — | Nov 2014 | PSLAX vs VSMVX |
Best Risk-Adjusted Alternatives to PSLAX
PSLAX has a PortfoliosLab risk / return rank of 45. There are 87 mutual funds in the Small Cap Value Equities category with higher risk-adjusted ranks, going as high as 92.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Aegis Value Fund | 92 | — | May 1998 | PSLAX vs AVALX | |
| Victory Integrity Discovery Fund | 90 | — | Dec 1996 | PSLAX vs MMEYX | |
| Transamerica Small Cap Value | 89 | — | Jan 2003 | PSLAX vs TSLTX | |
| VY Columbia Small Cap Value II Portfolio | 88 | — | Apr 2006 | PSLAX vs ICISX | |
| Third Avenue Small Cap Value Fund | 88 | — | Apr 1997 | PSLAX vs TASCX |
Top Performing PSLAX Alternatives (YTD)
PSLAX is at 20.08% YTD. There are 55 mutual funds in the Small Cap Value Equities category with higher YTD returns, going as high as 34.15%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Victory Integrity Discovery Fund | 34.15% | — | Dec 1996 | PSLAX vs MMEYX | |
| Royce Opportunity Fund | 29.76% | — | Nov 1996 | PSLAX vs RYPNX | |
| First Eagle Small Cap Opportunity Fund | 28.17% | — | Apr 2021 | PSLAX vs FESCX | |
| Invesco Small Cap Value Fund | 27.26% | — | Jun 1999 | PSLAX vs VSCAX | |
| Fidelity Advisor Small Cap Value Fund Class Z | 26.59% | — | Oct 2018 | PSLAX vs FIKNX |
Lowest Volatility Alternatives to PSLAX
PSLAX has 18.22% 1-year volatility. There are 97 mutual funds in the Small Cap Value Equities category with lower 1-year volatility, going as low as 0.66%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| American Beacon Shapiro SMID Cap Equity Fund | 0.66% | — | Sep 2017 | PSLAX vs SHDPX | |
| Palm Valley Capital Fund Investor Class | 4.33% | — | Apr 2019 | PSLAX vs PVCMX | |
| Third Avenue Small Cap Value Fund | 14.18% | — | Apr 1997 | PSLAX vs TASCX | |
| VELA Small Cap Fund | 14.25% | — | Sep 2020 | PSLAX vs VESMX | |
| Royce Special Equity Fund | 14.26% | — | May 1998 | PSLAX vs RYSEX |
Lowest Drawdown Alternatives to PSLAX
PSLAX has a 1-year max drawdown of -10.52%. There are 86 mutual funds in the Small Cap Value Equities category with shallower 1-year drawdowns, going as shallow as -2.81%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Palm Valley Capital Fund Investor Class | -2.81% | — | Apr 2019 | PSLAX vs PVCMX | |
| Third Avenue Small Cap Value Fund | -6.29% | — | Apr 1997 | PSLAX vs TASCX | |
| PIMCO RAE US Small Fund | -7.62% | — | Jun 2015 | PSLAX vs PMJIX | |
| PIMCO RAE US Small Fund Class A | -7.66% | — | Jun 2015 | PSLAX vs PMJAX | |
| Transamerica Small Cap Value | -7.73% | — | Jan 2003 | PSLAX vs TSLTX |
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 | |
|---|---|---|---|---|---|---|---|
| Putnam Large Cap Value Fund | Large Cap Value Equities | 83 | 11.74% | — | Jun 1977 | PSLAX vs PEYAX | |
| Putnam Large Cap Value Fund Class R6 | Large Cap Value Equities | 84 | 11.92% | — | Jul 2012 | PSLAX vs PEQSX | |
| Putnam Large Cap Value Fund | Large Cap Value Equities | 84 | 11.89% | — | Jan 1998 | PSLAX vs PEIYX | |
| Putnam Growth Opportunities Fund | Large Cap Growth Equities | 14 | 4.74% | — | Oct 1995 | PSLAX vs POGAX | |
| Putnam Global Technology Fund | Technology Equities | 70 | 31.41% | — | Dec 2008 | PSLAX vs PGTYX | |
| Putnam Sustainable Leaders Fund | Large Cap Growth Equities | 22 | 4.50% | — | Aug 1990 | PSLAX vs PNOPX | |
| Putnam Multi-Cap Core Fund | Large Cap Blend Equities | 49 | 8.07% | — | Sep 2010 | PSLAX vs PMYYX | |
| Putnam Large Cap Growth Y | Large Cap Growth Equities | 15 | 4.87% | — | Aug 1999 | PSLAX vs PGOYX | |
| Putnam Ultra Short Duration Income Fund | Ultrashort Bond | 99 | 1.78% | — | Oct 2011 | PSLAX vs PSDYX | |
| Putnam Small Cap Growth Fund | Small Cap Growth Equities | 29 | 19.53% | — | Dec 1997 | PSLAX vs PNSAX |
Often Compared With PSLAX
Investors most often compare PSLAX with CSMIX, DEVLX, SSCVX. These 20 comparison targets span 2 categories, based on PortfoliosLab usage data.
Compare PSLAX with Any Fund or Stock
Compare PSLAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PSLAX with funds that move differently
Putnam Small Cap Value Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PSLAX.
Explore PSLAX Diversifiers