ACGR vs. PGRO
ACGR (American Century Large Cap Growth ETF) and PGRO (Putnam Focused Large Cap Growth ETF) are both Large Cap Growth Equities funds. ACGR is passively managed, while PGRO is actively managed. Over the past 5 years, ACGR returned 10.63%/yr vs 10.40%/yr for PGRO. Their 0.97 correlation means they have historically moved very closely together. ACGR charges 0.39%/yr vs 0.55%/yr for PGRO.
Performance
ACGR vs. PGRO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ACGR achieves a 2.62% return, which is significantly higher than PGRO's 1.37% return.
ACGR
- 1D
- 1.97%
- 1M
- -0.45%
- 6M
- 4.44%
- YTD
- 2.62%
- 1Y
- 11.79%
- 3Y*
- 16.94%
- 5Y*
- 10.63%
- 10Y*
- —
- ALL TIME*
- 13.68%
PGRO
- 1D
- 0.76%
- 1M
- -2.55%
- 6M
- 2.79%
- YTD
- 1.37%
- 1Y
- 9.32%
- 3Y*
- 19.26%
- 5Y*
- 10.40%
- 10Y*
- —
- ALL TIME*
- 12.18%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $29.10K | $15.91K | $23.50K | |
| $9.82M | $4.94M | $2.18M |
ACGR vs. PGRO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
ACGR American Century Large Cap Growth ETF | 2.62% | 14.50% | 26.66% | 43.24% | -30.13% | 29.88% |
PGRO Putnam Focused Large Cap Growth ETF | 1.37% | 15.13% | 34.01% | 45.19% | -31.53% | 16.63% |
Correlation
The correlation between ACGR and PGRO is 0.95 - they have historically moved very closely together. At this level, their price movements offset little of one another.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.95 |
Correlation (3Y) Balances recent behavior with more history. | 0.97 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.98 |
Correlation (All Time) Calculated using the full available price history since May 26, 2021 | 0.97 |
The correlation between ACGR and PGRO has been stable across timeframes, ranging from 0.95 to 0.98 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ACGR vs. PGRO — Risk / Return Rank
ACGR
PGRO
ACGR vs. PGRO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Century Large Cap Growth ETF (ACGR) and Putnam Focused Large Cap Growth ETF (PGRO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ACGR | PGRO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.18 | ||
| Sortino ratioReturn per unit of downside risk | +0.23 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.08 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 0.64 | 0.45 | +0.19 |
| Martin ratioReturn relative to average drawdown | 1.92 | 1.32 | +0.60 |
Loading charts...
Drawdowns
ACGR vs. PGRO - Drawdown Comparison
The maximum ACGR drawdown since its inception was -34.54%, roughly equal to the maximum PGRO drawdown of -34.73%. Use the drawdown chart below to compare losses from any high point for ACGR and PGRO.
Loading charts...
Drawdown Indicators
| ACGR | PGRO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.54% | -34.73% | +0.19% |
Max Drawdown (1Y)Largest decline over 1 year | -15.84% | -16.34% | +0.50% |
Max Drawdown (3Y)Largest decline over 3 years | -24.58% | -23.31% | -1.27% |
Max Drawdown (5Y)Largest decline over 5 years | -34.54% | -34.73% | +0.19% |
Current DrawdownCurrent decline from peak | -6.04% | -8.08% | +2.04% |
Average DrawdownAverage peak-to-trough decline | -8.43% | -10.13% | +1.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.24% | 5.52% | -0.28% |
Volatility
ACGR vs. PGRO - Volatility Comparison
American Century Large Cap Growth ETF (ACGR) and Putnam Focused Large Cap Growth ETF (PGRO) have volatilities of 5.92% and 5.72%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ACGR | PGRO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.92% | 5.72% | +0.20% |
Volatility (6M)Calculated over the trailing 6-month period | 13.60% | 14.18% | -0.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.13% | 17.90% | -0.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.55% | 22.07% | -0.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.41% | 21.77% | -0.36% |
ACGR vs. PGRO - Expense Ratio Comparison
ACGR has a 0.39% expense ratio, which is lower than PGRO's 0.55% expense ratio.
Dividends
ACGR vs. PGRO - Dividend Comparison
ACGR's dividend yield for the trailing twelve months is around 0.12%, more than PGRO's 0.02% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
ACGR American Century Large Cap Growth ETF | 0.12% | 0.11% | 0.23% | 0.37% | 0.48% | 0.58% | 1.44% |
PGRO Putnam Focused Large Cap Growth ETF | 0.02% | 0.02% | 0.08% | 0.19% | 0.12% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.95, ACGR and PGRO move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
ACGR has higher volatility (5.92%) compared to PGRO (5.72%). In terms of maximum drawdown, ACGR dropped -34.54% vs PGRO's -34.73%.
On 5-year performance, ACGR leads with 10.63% vs 10.40% for PGRO. On fees, ACGR is cheaper at 0.39% per year. On volatility, PGRO has been the lower-risk option at 5.72%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, ACGR has performed better with a 10.63% return vs 10.40%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
ACGR is cheaper with a 0.39% expense ratio, compared with 0.55% for PGRO.
ACGR has the higher dividend yield at 0.12%, compared with 0.02% for PGRO.
They also come from different issuers: American Century and Putnam. Their fees differ too: 0.39% for ACGR and 0.55% for PGRO.
ACGR currently has the higher Sharpe Ratio (0.59 vs 0.41), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for ACGR and PGRO
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer