LMVTX vs. PEYAX
Compare and contrast key facts about ClearBridge Value Trust (LMVTX) and Putnam Large Cap Value Fund (PEYAX).
LMVTX is managed by Legg Mason. It was launched on Apr 16, 1982. PEYAX is managed by Putnam. It was launched on Jun 15, 1977.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LMVTX or PEYAX.
Key characteristics
| LMVTX | PEYAX | |
|---|---|---|
| YTD Return | 8.65% | 11.81% |
| 1Y Return | 25.97% | 27.17% |
| 3Y Return (Ann) | 7.08% | 10.04% |
| 5Y Return (Ann) | 12.82% | 13.95% |
| 10Y Return (Ann) | 9.55% | 11.15% |
| Sharpe Ratio | 2.05 | 2.65 |
| Daily Std Dev | 12.60% | 10.24% |
| Max Drawdown | -82.88% | -50.96% |
| Current Drawdown | -1.35% | -0.64% |
Correlation
The correlation between LMVTX and PEYAX is 0.87, 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
LMVTX vs. PEYAX - Performance Comparison
In the year-to-date period, LMVTX achieves a 8.65% return, which is significantly lower than PEYAX's 11.81% return. Over the past 10 years, LMVTX has underperformed PEYAX with an annualized return of 9.55%, while PEYAX has yielded a comparatively higher 11.15% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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LMVTX vs. PEYAX - Expense Ratio Comparison
LMVTX has a 1.74% expense ratio, which is higher than PEYAX's 0.88% expense ratio.
Risk-Adjusted Performance
LMVTX vs. PEYAX - Risk-Adjusted Performance 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.
Dividends
LMVTX vs. PEYAX - Dividend Comparison
LMVTX's dividend yield for the trailing twelve months is around 11.07%, more than PEYAX's 4.66% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LMVTX ClearBridge Value Trust | 11.07% | 12.03% | 7.85% | 18.06% | 5.41% | 0.00% | 1.34% | 0.00% | 0.10% | 0.00% | 0.00% | 0.25% |
PEYAX Putnam Large Cap Value Fund | 4.66% | 5.20% | 7.04% | 7.09% | 5.97% | 3.79% | 6.18% | 3.29% | 2.25% | 5.80% | 9.72% | 9.82% |
Drawdowns
LMVTX vs. PEYAX - Drawdown Comparison
The maximum LMVTX drawdown since its inception was -82.88%, which is greater than PEYAX's maximum drawdown of -50.96%. Use the drawdown chart below to compare losses from any high point for LMVTX and PEYAX. For additional features, visit the drawdowns tool.
Volatility
LMVTX vs. PEYAX - Volatility Comparison
ClearBridge Value Trust (LMVTX) has a higher volatility of 4.47% compared to Putnam Large Cap Value Fund (PEYAX) at 3.02%. This indicates that LMVTX's price experiences larger fluctuations and is considered to be riskier than PEYAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.