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% | 67.80B | Sep 2011 | PSLAX vs VSIAX | |
| Vanguard S&P Small-Cap 600 Value Index Fund Instit... | 0.08% | — | Nov 2014 | PSLAX vs VSMVX | |
| Vanguard Russell 2000 Value Index Fund Institution... | 0.08% | — | Jul 2012 | PSLAX vs VRTVX |
Best Risk-Adjusted Alternatives to PSLAX
PSLAX has a PortfoliosLab risk / return rank of 77. There are 85 mutual funds in the Small Cap Value Equities category with higher risk-adjusted ranks, going as high as 97.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Victory Integrity Discovery Fund | 97 | — | Dec 1996 | PSLAX vs MMEYX | |
| Royce Special Equity Fund | 97 | — | May 1998 | PSLAX vs RYSEX | |
| Third Avenue Small Cap Value Fund | 96 | — | Apr 1997 | PSLAX vs TASCX | |
| PGIM Quant Solutions Small-Cap Value Fund | 96 | — | Jan 1993 | PSLAX vs TASVX | |
| Transamerica Small Cap Value | 96 | — | Jan 2003 | PSLAX vs TSLTX |
Top Performing PSLAX Alternatives (YTD)
PSLAX is at 21.24% YTD. There are 70 mutual funds in the Small Cap Value Equities category with higher YTD returns, going as high as 37.97%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Victory Integrity Discovery Fund | 37.97% | — | Dec 1996 | PSLAX vs MMEYX | |
| Diamond Hill Small Cap Fund Class I | 29.57% | — | Dec 2000 | PSLAX vs DHSIX | |
| Royce Special Equity Fund | 29.51% | — | May 1998 | PSLAX vs RYSEX | |
| Diamond Hill Small Cap Fund | 29.35% | — | Dec 2000 | PSLAX vs DHSCX | |
| Columbia Select Small Cap Value Fund | 28.96% | — | Apr 1997 | PSLAX vs SSCVX |
Lowest Volatility Alternatives to PSLAX
PSLAX has 17.85% 1-year volatility. There are 95 mutual funds in the Small Cap Value Equities category with lower 1-year volatility, going as low as 4.48%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Palm Valley Capital Fund Investor Class | 4.48% | — | Apr 2019 | PSLAX vs PVCMX | |
| Third Avenue Small Cap Value Fund | 13.95% | — | Apr 1997 | PSLAX vs TASCX | |
| VELA Small Cap Fund | 14.01% | — | Sep 2020 | PSLAX vs VESMX | |
| Pear Tree Polaris Small Cap Fund | 14.22% | — | Aug 1992 | PSLAX vs USBNX | |
| AMG River Road Small-Mid Cap Value Fund | 14.32% | — | Mar 2007 | PSLAX vs ARSMX |
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, PEIYX, PEQSX and span 6 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Putnam Large Cap Value Fund | Large Cap Value Equities | 95 | 15.70% | — | Jun 1977 | PSLAX vs PEYAX | |
| Putnam Large Cap Value Fund | Large Cap Value Equities | 95 | 15.86% | — | Oct 1998 | PSLAX vs PEIYX | |
| Putnam Large Cap Value Fund Class R6 | Large Cap Value Equities | 95 | 15.91% | — | Jul 2012 | PSLAX vs PEQSX | |
| Putnam Large Cap Growth Fund Class A | Large Cap Growth Equities | 13 | 2.30% | — | Oct 1995 | PSLAX vs POGAX | |
| Putnam Global Technology Fund | Technology Equities | 59 | 29.55% | — | Dec 2008 | PSLAX vs PGTYX | |
| Putnam Sustainable Leaders Fund | Large Cap Growth Equities | 31 | 5.65% | — | Aug 1990 | PSLAX vs PNOPX | |
| Putnam Multi-Cap Core Fund | Large Cap Blend Equities | 66 | 9.94% | — | Sep 2010 | PSLAX vs PMYYX | |
| Putnam Large Cap Growth Y | Large Cap Growth Equities | 13 | 2.44% | — | Aug 1999 | PSLAX vs PGOYX | |
| Putnam Ultra Short Duration Income Fund | Ultrashort Bond | 98 | 1.68% | — | Oct 2011 | PSLAX vs PSDYX | |
| Putnam Small Cap Growth Fund | Small Cap Growth Equities | 29 | 17.35% | — | Dec 1997 | PSLAX vs PNSAX |
Often Compared With PSLAX
Investors most often compare PSLAX with CSMIX, DEVLX, NSDVX. 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