HHDVX vs. PEQSX

Last updated Apr 2, 2026

Compare and contrast key facts about Hamlin High Dividend Equity Fund (HHDVX) and Putnam Large Cap Value Fund Class R6 (PEQSX).

HHDVX is managed by Hamlin Funds. It was launched on Mar 30, 2012. PEQSX is a passively managed fund by Putnam that tracks the performance of the . It was launched on Jul 2, 2012.

Performance

HHDVX vs. PEQSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hamlin High Dividend Equity Fund (HHDVX) and Putnam Large Cap Value Fund Class R6 (PEQSX). The values are adjusted to include any dividend payments, if applicable.

HHDVX vs. PEQSX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
HHDVX Hamlin High Dividend Equity Fund	0.61%	7.83%	23.92%	13.34%	-4.85%	30.88%	4.39%	21.84%	-7.91%	13.55%
PEQSX Putnam Large Cap Value Fund Class R6	0.81%	20.49%	19.41%	15.45%	-2.74%	27.33%	6.23%	29.79%	-8.29%	19.15%

Returns By Period

In the year-to-date period, HHDVX achieves a 0.61% return, which is significantly lower than PEQSX's 0.81% return. Over the past 10 years, HHDVX has underperformed PEQSX with an annualized return of 10.65%, while PEQSX has yielded a comparatively higher 13.46% annualized return.

HHDVX

• 1D: 1.15%
• 1M: -5.71%
• YTD: 0.61%
• 6M: 1.03%
• 1Y: 7.96%
• 3Y*: 14.04%
• 5Y*: 10.85%
• 10Y*: 10.65%

PEQSX

• 1D: 2.09%
• 1M: -4.21%
• YTD: 0.81%
• 6M: 6.51%
• 1Y: 18.74%
• 3Y*: 18.04%
• 5Y*: 13.05%
• 10Y*: 13.46%

*Multi-year figures are annualized to reflect compound growth (CAGR)

HHDVX vs. PEQSX - Expense Ratio Comparison

HHDVX has a 1.15% expense ratio, which is higher than PEQSX's 0.54% expense ratio.

HHDVX

Hamlin High Dividend Equity Fund

PEQSX

Putnam Large Cap Value Fund Class R6

Return for Risk

HHDVX vs. PEQSX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

HHDVX

HHDVX Risk / Return Rank: 20
HHDVX Sharpe Ratio Rank: 17
HHDVX Sortino Ratio Rank: 17
HHDVX Omega Ratio Rank: 17
HHDVX Calmar Ratio Rank: 24
HHDVX Martin Ratio Rank: 27

PEQSX

PEQSX Risk / Return Rank: 69
PEQSX Sharpe Ratio Rank: 66
PEQSX Sortino Ratio Rank: 66
PEQSX Omega Ratio Rank: 67
PEQSX Calmar Ratio Rank: 70
PEQSX Martin Ratio Rank: 75

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

HHDVX vs. PEQSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hamlin High Dividend Equity Fund (HHDVX) and Putnam Large Cap Value Fund Class R6 (PEQSX). 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.

	HHDVX	PEQSX	Difference
Sharpe ratio Return per unit of total volatility	0.53	1.21	-0.68
Sortino ratio Return per unit of downside risk	0.85	1.71	-0.86
Omega ratio Gain probability vs. loss probability	1.12	1.26	-0.14
Calmar ratio Return relative to maximum drawdown	0.81	1.68	-0.87
Martin ratio Return relative to average drawdown	3.28	7.48	-4.20
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HHDVX vs. PEQSX - Sharpe Ratio Comparison

The current HHDVX Sharpe Ratio is 0.53, which is lower than the PEQSX Sharpe Ratio of 1.21. The chart below compares the historical Sharpe Ratios of HHDVX and PEQSX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	HHDVX	PEQSX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.53	1.21	-0.68
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.75	0.90	-0.15
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.65	0.79	-0.15
Sharpe Ratio (All Time) Calculated using the full available price history	0.69	0.81	-0.13

Correlation

The correlation between HHDVX and PEQSX is 0.91, 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.

Dividends

HHDVX vs. PEQSX - Dividend Comparison

HHDVX's dividend yield for the trailing twelve months is around 4.26%, less than PEQSX's 5.30% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HHDVX Hamlin High Dividend Equity Fund	4.26%	4.28%	9.40%	1.84%	2.88%	4.11%	2.99%	2.52%	8.93%	1.76%	2.36%	2.57%
PEQSX Putnam Large Cap Value Fund Class R6	5.30%	5.69%	7.14%	5.26%	7.40%	7.40%	6.30%	3.66%	6.08%	3.56%	2.66%	6.31%

Drawdowns

HHDVX vs. PEQSX - Drawdown Comparison

The maximum HHDVX drawdown since its inception was -36.13%, roughly equal to the maximum PEQSX drawdown of -36.04%. Use the drawdown chart below to compare losses from any high point for HHDVX and PEQSX.

Drawdown Indicators

	HHDVX	PEQSX	Difference
Max Drawdown Largest peak-to-trough decline	-36.13%	-36.04%	-0.09%
Max Drawdown (1Y) Largest decline over 1 year	-11.25%	-11.76%	+0.51%
Max Drawdown (5Y) Largest decline over 5 years	-16.67%	-15.18%	-1.49%
Max Drawdown (10Y) Largest decline over 10 years	-36.13%	-36.04%	-0.09%
Current Drawdown Current decline from peak	-6.01%	-5.24%	-0.77%
Average Drawdown Average peak-to-trough decline	-3.66%	-3.24%	-0.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.78%	2.64%	+0.14%

Volatility

HHDVX vs. PEQSX - Volatility Comparison

The current volatility for Hamlin High Dividend Equity Fund (HHDVX) is 3.47%, while Putnam Large Cap Value Fund Class R6 (PEQSX) has a volatility of 4.33%. This indicates that HHDVX experiences smaller price fluctuations and is considered to be less risky than PEQSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HHDVX	PEQSX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.47%	4.33%	-0.86%
Volatility (6M) Calculated over the trailing 6-month period	7.44%	8.24%	-0.80%
Volatility (1Y) Calculated over the trailing 1-year period	14.79%	15.49%	-0.70%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.48%	14.53%	-0.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.52%	17.00%	-0.48%