PAEAX vs. IOEZX
Compare and contrast key facts about Putnam Dynamic Asset Allocation Growth Fund (PAEAX) and ICON Equity Income Fund (IOEZX).
PAEAX is managed by Putnam. It was launched on Feb 7, 1994. IOEZX is managed by ICON Funds. It was launched on May 9, 2004.
Performance
PAEAX vs. IOEZX - Performance Comparison
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PAEAX vs. IOEZX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PAEAX Putnam Dynamic Asset Allocation Growth Fund | -3.90% | 18.45% | 18.71% | 20.78% | -16.99% | 16.63% | 14.41% | 20.79% | -9.73% | 19.92% |
IOEZX ICON Equity Income Fund | 8.64% | 14.29% | 6.12% | 3.82% | -13.56% | 24.15% | 3.16% | 27.70% | -10.11% | 13.59% |
Returns By Period
In the year-to-date period, PAEAX achieves a -3.90% return, which is significantly lower than IOEZX's 8.64% return. Over the past 10 years, PAEAX has outperformed IOEZX with an annualized return of 9.89%, while IOEZX has yielded a comparatively lower 8.27% annualized return.
PAEAX
- 1D
- -0.14%
- 1M
- -6.68%
- YTD
- -3.90%
- 6M
- -1.49%
- 1Y
- 15.14%
- 3Y*
- 15.49%
- 5Y*
- 8.60%
- 10Y*
- 9.89%
IOEZX
- 1D
- -0.67%
- 1M
- -4.99%
- YTD
- 8.64%
- 6M
- 12.25%
- 1Y
- 19.34%
- 3Y*
- 11.13%
- 5Y*
- 4.83%
- 10Y*
- 8.27%
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PAEAX vs. IOEZX - Expense Ratio Comparison
PAEAX has a 1.03% expense ratio, which is higher than IOEZX's 1.00% expense ratio.
Return for Risk
PAEAX vs. IOEZX — Risk / Return Rank
PAEAX
IOEZX
PAEAX vs. IOEZX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Putnam Dynamic Asset Allocation Growth Fund (PAEAX) and ICON Equity Income Fund (IOEZX). 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.
| PAEAX | IOEZX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.97 | 1.28 | -0.31 |
Sortino ratioReturn per unit of downside risk | 1.52 | 1.84 | -0.32 |
Omega ratioGain probability vs. loss probability | 1.21 | 1.25 | -0.03 |
Calmar ratioReturn relative to maximum drawdown | 1.35 | 1.62 | -0.27 |
Martin ratioReturn relative to average drawdown | 6.62 | 6.69 | -0.08 |
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
| PAEAX | IOEZX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.97 | 1.28 | -0.31 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.56 | 0.35 | +0.21 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.66 | 0.50 | +0.16 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.54 | 0.39 | +0.14 |
Correlation
The correlation between PAEAX and IOEZX is 0.85, 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
PAEAX vs. IOEZX - Dividend Comparison
PAEAX's dividend yield for the trailing twelve months is around 7.10%, more than IOEZX's 2.50% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PAEAX Putnam Dynamic Asset Allocation Growth Fund | 7.10% | 6.83% | 11.00% | 4.18% | 1.73% | 14.90% | 0.47% | 1.56% | 10.41% | 10.22% | 1.58% | 6.53% |
IOEZX ICON Equity Income Fund | 2.50% | 3.56% | 4.32% | 3.75% | 13.63% | 12.92% | 3.68% | 4.74% | 3.80% | 3.13% | 3.32% | 4.24% |
Drawdowns
PAEAX vs. IOEZX - Drawdown Comparison
The maximum PAEAX drawdown since its inception was -53.25%, smaller than the maximum IOEZX drawdown of -56.15%. Use the drawdown chart below to compare losses from any high point for PAEAX and IOEZX.
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Drawdown Indicators
| PAEAX | IOEZX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.25% | -56.15% | +2.90% |
Max Drawdown (1Y)Largest decline over 1 year | -10.31% | -11.71% | +1.40% |
Max Drawdown (5Y)Largest decline over 5 years | -23.30% | -21.47% | -1.83% |
Max Drawdown (10Y)Largest decline over 10 years | -28.57% | -38.12% | +9.55% |
Current DrawdownCurrent decline from peak | -7.59% | -4.99% | -2.60% |
Average DrawdownAverage peak-to-trough decline | -7.70% | -8.64% | +0.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.13% | 2.84% | -0.71% |
Volatility
PAEAX vs. IOEZX - Volatility Comparison
Putnam Dynamic Asset Allocation Growth Fund (PAEAX) and ICON Equity Income Fund (IOEZX) have volatilities of 4.13% and 4.25%, 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.
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Volatility by Period
| PAEAX | IOEZX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.13% | 4.25% | -0.12% |
Volatility (6M)Calculated over the trailing 6-month period | 7.80% | 8.69% | -0.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.81% | 15.56% | -0.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.33% | 13.90% | +1.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.94% | 16.44% | -1.50% |