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CMNWX vs. PMYYX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


CMNWXPMYYX
YTD Return28.70%29.27%
1Y Return41.63%39.30%
3Y Return (Ann)7.69%6.61%
5Y Return (Ann)11.65%13.06%
10Y Return (Ann)4.65%11.35%
Sharpe Ratio3.243.07
Sortino Ratio4.364.05
Omega Ratio1.611.57
Calmar Ratio3.242.91
Martin Ratio21.6520.51
Ulcer Index1.88%1.86%
Daily Std Dev12.53%12.46%
Max Drawdown-57.43%-35.25%
Current Drawdown0.00%0.00%

Correlation

-0.50.00.51.00.9

The correlation between CMNWX and PMYYX is 0.94, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Performance

CMNWX vs. PMYYX - Performance Comparison

The year-to-date returns for both investments are quite close, with CMNWX having a 28.70% return and PMYYX slightly higher at 29.27%. Over the past 10 years, CMNWX has underperformed PMYYX with an annualized return of 4.65%, while PMYYX has yielded a comparatively higher 11.35% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


100.00%200.00%300.00%400.00%500.00%600.00%JuneJulyAugustSeptemberOctoberNovember
172.70%
573.42%
CMNWX
PMYYX

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CMNWX vs. PMYYX - Expense Ratio Comparison

CMNWX has a 0.80% expense ratio, which is higher than PMYYX's 0.71% expense ratio.


CMNWX
Principal Capital Appreciation Fund
Expense ratio chart for CMNWX: current value at 0.80% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.80%
Expense ratio chart for PMYYX: current value at 0.71% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.71%

Risk-Adjusted Performance

CMNWX vs. PMYYX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Principal Capital Appreciation Fund (CMNWX) and Putnam Multi-Cap Core Fund (PMYYX). 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.


CMNWX
Sharpe ratio
The chart of Sharpe ratio for CMNWX, currently valued at 3.24, compared to the broader market0.002.004.003.24
Sortino ratio
The chart of Sortino ratio for CMNWX, currently valued at 4.36, compared to the broader market0.005.0010.004.36
Omega ratio
The chart of Omega ratio for CMNWX, currently valued at 1.61, compared to the broader market1.002.003.004.001.61
Calmar ratio
The chart of Calmar ratio for CMNWX, currently valued at 3.24, compared to the broader market0.005.0010.0015.0020.0025.003.24
Martin ratio
The chart of Martin ratio for CMNWX, currently valued at 21.65, compared to the broader market0.0020.0040.0060.0080.00100.0021.65
PMYYX
Sharpe ratio
The chart of Sharpe ratio for PMYYX, currently valued at 3.07, compared to the broader market0.002.004.003.07
Sortino ratio
The chart of Sortino ratio for PMYYX, currently valued at 4.05, compared to the broader market0.005.0010.004.05
Omega ratio
The chart of Omega ratio for PMYYX, currently valued at 1.57, compared to the broader market1.002.003.004.001.57
Calmar ratio
The chart of Calmar ratio for PMYYX, currently valued at 2.91, compared to the broader market0.005.0010.0015.0020.0025.002.91
Martin ratio
The chart of Martin ratio for PMYYX, currently valued at 20.51, compared to the broader market0.0020.0040.0060.0080.00100.0020.51

CMNWX vs. PMYYX - Sharpe Ratio Comparison

The current CMNWX Sharpe Ratio is 3.24, which is comparable to the PMYYX Sharpe Ratio of 3.07. The chart below compares the historical Sharpe Ratios of CMNWX and PMYYX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
3.24
3.07
CMNWX
PMYYX

Dividends

CMNWX vs. PMYYX - Dividend Comparison

CMNWX's dividend yield for the trailing twelve months is around 0.55%, less than PMYYX's 0.74% yield.


TTM20232022202120202019201820172016201520142013
CMNWX
Principal Capital Appreciation Fund
0.55%0.71%0.69%0.43%0.78%0.93%1.62%1.01%1.07%1.19%0.92%0.76%
PMYYX
Putnam Multi-Cap Core Fund
0.74%0.95%0.32%0.99%1.07%1.74%0.00%1.44%1.21%2.29%2.15%10.12%

Drawdowns

CMNWX vs. PMYYX - Drawdown Comparison

The maximum CMNWX drawdown since its inception was -57.43%, which is greater than PMYYX's maximum drawdown of -35.25%. Use the drawdown chart below to compare losses from any high point for CMNWX and PMYYX. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember00
CMNWX
PMYYX

Volatility

CMNWX vs. PMYYX - Volatility Comparison

Principal Capital Appreciation Fund (CMNWX) and Putnam Multi-Cap Core Fund (PMYYX) have volatilities of 4.11% and 4.13%, 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.


2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember
4.11%
4.13%
CMNWX
PMYYX