PADLX vs. PSDYX
Compare and contrast key facts about Putnam Retirement Advantage Maturity Fund (PADLX) and Putnam Ultra Short Duration Income Fund (PSDYX).
PADLX is managed by Putnam. It was launched on Dec 30, 2019. PSDYX is managed by Putnam. It was launched on Oct 17, 2011.
Performance
PADLX vs. PSDYX - Performance Comparison
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PADLX vs. PSDYX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
PADLX Putnam Retirement Advantage Maturity Fund | -0.28% | 10.83% | 8.34% | 11.01% | -12.54% | 2.93% | 7.84% |
PSDYX Putnam Ultra Short Duration Income Fund | 0.38% | 4.99% | 5.25% | 4.78% | 0.61% | 0.07% | 1.50% |
Returns By Period
In the year-to-date period, PADLX achieves a -0.28% return, which is significantly lower than PSDYX's 0.38% return.
PADLX
- 1D
- 0.55%
- 1M
- -2.39%
- YTD
- -0.28%
- 6M
- 1.83%
- 1Y
- 9.84%
- 3Y*
- 8.76%
- 5Y*
- 3.42%
- 10Y*
- —
PSDYX
- 1D
- 0.00%
- 1M
- -0.30%
- YTD
- 0.38%
- 6M
- 1.42%
- 1Y
- 4.05%
- 3Y*
- 4.71%
- 5Y*
- 3.19%
- 10Y*
- 2.45%
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PADLX vs. PSDYX - Expense Ratio Comparison
PADLX has a 0.22% expense ratio, which is lower than PSDYX's 0.30% expense ratio.
Return for Risk
PADLX vs. PSDYX — Risk / Return Rank
PADLX
PSDYX
PADLX vs. PSDYX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Putnam Retirement Advantage Maturity Fund (PADLX) and Putnam Ultra Short Duration Income Fund (PSDYX). 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.
| PADLX | PSDYX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.75 | 2.88 | -1.13 |
Sortino ratioReturn per unit of downside risk | 2.46 | 8.25 | -5.79 |
Omega ratioGain probability vs. loss probability | 1.37 | 2.68 | -1.31 |
Calmar ratioReturn relative to maximum drawdown | 2.23 | 9.02 | -6.80 |
Martin ratioReturn relative to average drawdown | 9.78 | 35.56 | -25.79 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| PADLX | PSDYX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.75 | 2.88 | -1.13 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.52 | 2.52 | -2.00 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 2.37 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.55 | 2.15 | -1.60 |
Correlation
The correlation between PADLX and PSDYX is 0.14, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
PADLX vs. PSDYX - Dividend Comparison
PADLX's dividend yield for the trailing twelve months is around 4.74%, more than PSDYX's 4.17% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PADLX Putnam Retirement Advantage Maturity Fund | 4.74% | 5.03% | 3.71% | 2.91% | 1.01% | 1.45% | 1.66% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PSDYX Putnam Ultra Short Duration Income Fund | 4.17% | 4.65% | 4.81% | 3.65% | 1.30% | 0.37% | 1.09% | 2.51% | 2.23% | 1.29% | 0.88% | 0.57% |
Drawdowns
PADLX vs. PSDYX - Drawdown Comparison
The maximum PADLX drawdown since its inception was -18.87%, which is greater than PSDYX's maximum drawdown of -2.58%. Use the drawdown chart below to compare losses from any high point for PADLX and PSDYX.
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Drawdown Indicators
| PADLX | PSDYX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.87% | -2.58% | -16.29% |
Max Drawdown (1Y)Largest decline over 1 year | -4.65% | -0.49% | -4.16% |
Max Drawdown (5Y)Largest decline over 5 years | -18.87% | -0.80% | -18.07% |
Max Drawdown (10Y)Largest decline over 10 years | — | -2.58% | — |
Current DrawdownCurrent decline from peak | -2.93% | -0.39% | -2.54% |
Average DrawdownAverage peak-to-trough decline | -4.95% | -0.07% | -4.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.06% | 0.12% | +0.94% |
Volatility
PADLX vs. PSDYX - Volatility Comparison
Putnam Retirement Advantage Maturity Fund (PADLX) has a higher volatility of 2.05% compared to Putnam Ultra Short Duration Income Fund (PSDYX) at 0.22%. This indicates that PADLX's price experiences larger fluctuations and is considered to be riskier than PSDYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PADLX | PSDYX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.05% | 0.22% | +1.83% |
Volatility (6M)Calculated over the trailing 6-month period | 3.27% | 0.97% | +2.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.82% | 1.45% | +4.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.63% | 1.27% | +5.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.56% | 1.04% | +6.52% |