LMVTX vs. PEYAX
LMVTX (ClearBridge Value Trust) and PEYAX (Putnam Large Cap Value Fund) are both Large Cap Value Equities funds. Over the past 10 years, LMVTX returned 11.29%/yr vs 13.34%/yr for PEYAX. Their correlation of 0.84 means they have usually moved in the same direction. LMVTX charges 1.74%/yr vs 0.90%/yr for PEYAX.
Performance
LMVTX vs. PEYAX - Performance Comparison
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Returns By Period
In the year-to-date period, LMVTX achieves a 13.23% return, which is significantly lower than PEYAX's 14.98% return. Over the past 10 years, LMVTX has underperformed PEYAX with an annualized return of 11.29%, while PEYAX has yielded a comparatively higher 13.34% annualized return.
LMVTX
- 1D
- 0.20%
- 1M
- 1.11%
- 6M
- 7.89%
- YTD
- 13.23%
- 1Y
- 24.87%
- 3Y*
- 13.69%
- 5Y*
- 10.60%
- 10Y*
- 11.29%
- ALL TIME*
- 10.86%
PEYAX
- 1D
- 1.26%
- 1M
- 2.62%
- 6M
- 11.16%
- YTD
- 14.98%
- 1Y
- 29.59%
- 3Y*
- 19.51%
- 5Y*
- 13.00%
- 10Y*
- 13.34%
- ALL TIME*
- 6.03%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
LMVTX vs. PEYAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LMVTX ClearBridge Value Trust | 13.23% | 9.80% | 14.22% | 18.80% | -7.00% | 26.93% | 10.63% | 26.25% | -13.50% | 13.76% |
PEYAX Putnam Large Cap Value Fund | 14.98% | 20.09% | 18.99% | 15.09% | -8.37% | 26.84% | 5.87% | 29.94% | -8.63% | 18.79% |
Correlation
The correlation between LMVTX and PEYAX is 0.88, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.88 |
Correlation (3Y) Balances recent behavior with more history. | 0.89 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.92 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.92 |
Correlation (All Time) Calculated using the full available price history since May 11, 1982 | 0.84 |
The correlation between LMVTX and PEYAX has been stable across timeframes, ranging from 0.84 to 0.92 - a consistent structural relationship.
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Return for Risk
LMVTX vs. PEYAX — Risk / Return Rank
LMVTX
PEYAX
LMVTX vs. PEYAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ClearBridge Value Trust (LMVTX) and Putnam Large Cap Value Fund (PEYAX). 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.
| LMVTX | PEYAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.67 | ||
| Sortino ratioReturn per unit of downside risk | -0.98 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.45 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 2.83 | 3.77 | -0.94 |
| Martin ratioReturn relative to average drawdown | 11.30 | 14.94 | -3.64 |
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Drawdowns
LMVTX vs. PEYAX - Drawdown Comparison
The maximum LMVTX drawdown since its inception was -72.54%, which is greater than PEYAX's maximum drawdown of -56.92%. Use the drawdown chart below to compare losses from any high point for LMVTX and PEYAX.
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Drawdown Indicators
| LMVTX | PEYAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -72.54% | -56.92% | -15.62% |
Max Drawdown (1Y)Largest decline over 1 year | -7.87% | -7.23% | -0.64% |
Max Drawdown (3Y)Largest decline over 3 years | -19.28% | -15.12% | -4.16% |
Max Drawdown (5Y)Largest decline over 5 years | -20.79% | -15.31% | -5.48% |
Max Drawdown (10Y)Largest decline over 10 years | -40.47% | -36.06% | -4.41% |
Current DrawdownCurrent decline from peak | -0.33% | 0.00% | -0.33% |
Average DrawdownAverage peak-to-trough decline | -11.92% | -14.01% | +2.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.97% | 1.83% | +0.14% |
Volatility
LMVTX vs. PEYAX - Volatility Comparison
The current volatility for ClearBridge Value Trust (LMVTX) is 2.11%, while Putnam Large Cap Value Fund (PEYAX) has a volatility of 3.08%. This indicates that LMVTX experiences smaller price fluctuations and is considered to be less risky than PEYAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LMVTX | PEYAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.11% | 3.08% | -0.97% |
Volatility (6M)Calculated over the trailing 6-month period | 9.19% | 8.43% | +0.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.43% | 11.04% | +1.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.53% | 14.67% | +2.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.11% | 17.01% | +2.10% |
LMVTX vs. PEYAX - Expense Ratio Comparison
LMVTX has a 1.74% expense ratio, which is higher than PEYAX's 0.90% expense ratio.
Dividends
LMVTX vs. PEYAX - Dividend Comparison
LMVTX's dividend yield for the trailing twelve months is around 9.13%, more than PEYAX's 4.58% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LMVTX ClearBridge Value Trust | 9.13% | 10.33% | 10.32% | 12.03% | 7.85% | 18.06% | 5.41% | 0.00% | 1.34% | 0.00% | 0.10% | 0.00% |
PEYAX Putnam Large Cap Value Fund | 4.58% | 5.36% | 6.80% | 4.93% | 1.21% | 7.09% | 5.97% | 3.79% | 5.67% | 3.31% | 2.27% | 5.86% |
Frequently Asked Questions
LMVTX and PEYAX have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PEYAX has higher volatility (3.08%) compared to LMVTX (2.11%). In terms of maximum drawdown, LMVTX dropped -72.54% vs PEYAX's -56.92%.
PEYAX currently has the higher Sharpe Ratio (2.47 vs 1.80), 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.
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