PAEAX vs. PGOYX
Compare and contrast key facts about Putnam Dynamic Asset Allocation Growth Fund (PAEAX) and Putnam Large Cap Growth Y (PGOYX).
PAEAX is managed by Putnam. It was launched on Feb 7, 1994. PGOYX is managed by Putnam. It was launched on Aug 27, 1999.
Performance
PAEAX vs. PGOYX - Performance Comparison
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PAEAX vs. PGOYX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PAEAX Putnam Dynamic Asset Allocation Growth Fund | -1.58% | 18.45% | 18.71% | 20.78% | -16.99% | 16.63% | 14.41% | 20.79% | -9.73% | 19.92% |
PGOYX Putnam Large Cap Growth Y | -9.67% | 14.56% | 33.58% | 44.57% | -30.25% | 22.95% | 38.79% | 36.76% | 2.58% | 31.29% |
Returns By Period
In the year-to-date period, PAEAX achieves a -1.58% return, which is significantly higher than PGOYX's -9.67% return. Over the past 10 years, PAEAX has underperformed PGOYX with an annualized return of 10.16%, while PGOYX has yielded a comparatively higher 16.81% annualized return.
PAEAX
- 1D
- 2.42%
- 1M
- -4.42%
- YTD
- -1.58%
- 6M
- 0.89%
- 1Y
- 17.92%
- 3Y*
- 16.41%
- 5Y*
- 8.88%
- 10Y*
- 10.16%
PGOYX
- 1D
- 3.70%
- 1M
- -5.89%
- YTD
- -9.67%
- 6M
- -9.44%
- 1Y
- 14.92%
- 3Y*
- 20.52%
- 5Y*
- 11.05%
- 10Y*
- 16.81%
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PAEAX vs. PGOYX - Expense Ratio Comparison
PAEAX has a 1.03% expense ratio, which is higher than PGOYX's 0.65% expense ratio.
Return for Risk
PAEAX vs. PGOYX — Risk / Return Rank
PAEAX
PGOYX
PAEAX vs. PGOYX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Putnam Dynamic Asset Allocation Growth Fund (PAEAX) and Putnam Large Cap Growth Y (PGOYX). 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 | PGOYX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.24 | 0.71 | +0.52 |
Sortino ratioReturn per unit of downside risk | 1.90 | 1.18 | +0.72 |
Omega ratioGain probability vs. loss probability | 1.27 | 1.17 | +0.10 |
Calmar ratioReturn relative to maximum drawdown | 1.66 | 0.98 | +0.68 |
Martin ratioReturn relative to average drawdown | 8.02 | 3.34 | +4.68 |
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 | PGOYX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.24 | 0.71 | +0.52 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.58 | 0.51 | +0.07 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.68 | 0.80 | -0.12 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.54 | 0.32 | +0.22 |
Correlation
The correlation between PAEAX and PGOYX is 0.89, 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. PGOYX - Dividend Comparison
PAEAX's dividend yield for the trailing twelve months is around 6.94%, more than PGOYX's 5.79% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PAEAX Putnam Dynamic Asset Allocation Growth Fund | 6.94% | 6.83% | 11.00% | 4.18% | 1.73% | 14.90% | 0.47% | 1.56% | 10.41% | 10.22% | 1.58% | 6.53% |
PGOYX Putnam Large Cap Growth Y | 5.79% | 5.23% | 4.25% | 0.46% | 7.30% | 8.55% | 3.12% | 3.65% | 7.92% | 2.05% | 0.02% | 5.78% |
Drawdowns
PAEAX vs. PGOYX - Drawdown Comparison
The maximum PAEAX drawdown since its inception was -53.25%, smaller than the maximum PGOYX drawdown of -76.03%. Use the drawdown chart below to compare losses from any high point for PAEAX and PGOYX.
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Drawdown Indicators
| PAEAX | PGOYX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.25% | -76.03% | +22.78% |
Max Drawdown (1Y)Largest decline over 1 year | -10.31% | -16.34% | +6.03% |
Max Drawdown (5Y)Largest decline over 5 years | -23.30% | -34.01% | +10.71% |
Max Drawdown (10Y)Largest decline over 10 years | -28.57% | -34.01% | +5.44% |
Current DrawdownCurrent decline from peak | -5.36% | -13.24% | +7.88% |
Average DrawdownAverage peak-to-trough decline | -7.70% | -31.72% | +24.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.13% | 4.78% | -2.65% |
Volatility
PAEAX vs. PGOYX - Volatility Comparison
The current volatility for Putnam Dynamic Asset Allocation Growth Fund (PAEAX) is 4.95%, while Putnam Large Cap Growth Y (PGOYX) has a volatility of 6.88%. This indicates that PAEAX experiences smaller price fluctuations and is considered to be less risky than PGOYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PAEAX | PGOYX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.95% | 6.88% | -1.93% |
Volatility (6M)Calculated over the trailing 6-month period | 8.16% | 12.72% | -4.56% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.96% | 22.41% | -7.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.37% | 21.68% | -6.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.96% | 21.15% | -6.19% |