PCONX vs. HICSX
Compare and contrast key facts about Putnam Convertible Securities Fund (PCONX) and Harbor Convertible Securities Fund (HICSX).
PCONX is managed by Putnam. It was launched on Jun 28, 1972. HICSX is managed by Harbor. It was launched on May 1, 2011.
Performance
PCONX vs. HICSX - Performance Comparison
Loading graphics...
PCONX vs. HICSX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PCONX Putnam Convertible Securities Fund | -0.37% | 11.97% | 12.60% | 10.13% | -19.27% | 4.23% | 44.86% | 24.32% | -2.92% | 14.41% |
HICSX Harbor Convertible Securities Fund | 0.67% | 19.99% | 12.36% | 10.37% | -15.55% | 2.07% | 31.41% | 17.89% | -0.65% | 7.93% |
Returns By Period
In the year-to-date period, PCONX achieves a -0.37% return, which is significantly lower than HICSX's 0.67% return. Over the past 10 years, PCONX has outperformed HICSX with an annualized return of 9.95%, while HICSX has yielded a comparatively lower 8.54% annualized return.
PCONX
- 1D
- -1.60%
- 1M
- -5.76%
- YTD
- -0.37%
- 6M
- -0.80%
- 1Y
- 15.29%
- 3Y*
- 10.35%
- 5Y*
- 2.88%
- 10Y*
- 9.95%
HICSX
- 1D
- -1.75%
- 1M
- -5.41%
- YTD
- 0.67%
- 6M
- 3.67%
- 1Y
- 23.20%
- 3Y*
- 13.71%
- 5Y*
- 4.92%
- 10Y*
- 8.54%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PCONX vs. HICSX - Expense Ratio Comparison
PCONX has a 1.03% expense ratio, which is lower than HICSX's 1.12% expense ratio.
Return for Risk
PCONX vs. HICSX — Risk / Return Rank
PCONX
HICSX
PCONX vs. HICSX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Putnam Convertible Securities Fund (PCONX) and Harbor Convertible Securities Fund (HICSX). 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.
| PCONX | HICSX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.07 | 1.62 | -0.55 |
Sortino ratioReturn per unit of downside risk | 1.51 | 2.22 | -0.71 |
Omega ratioGain probability vs. loss probability | 1.20 | 1.29 | -0.09 |
Calmar ratioReturn relative to maximum drawdown | 1.85 | 3.07 | -1.22 |
Martin ratioReturn relative to average drawdown | 6.18 | 12.11 | -5.93 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| PCONX | HICSX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.07 | 1.62 | -0.55 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.23 | 0.45 | -0.22 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.78 | 0.81 | -0.03 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.65 | 0.74 | -0.10 |
Correlation
The correlation between PCONX and HICSX is 0.93, 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
PCONX vs. HICSX - Dividend Comparison
PCONX's dividend yield for the trailing twelve months is around 5.41%, more than HICSX's 1.58% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PCONX Putnam Convertible Securities Fund | 5.41% | 6.10% | 1.48% | 0.99% | 0.72% | 26.98% | 11.62% | 7.72% | 13.92% | 3.48% | 2.08% | 6.22% |
HICSX Harbor Convertible Securities Fund | 1.58% | 1.95% | 3.22% | 2.91% | 0.44% | 14.09% | 9.57% | 3.61% | 6.45% | 10.65% | 0.98% | 3.95% |
Drawdowns
PCONX vs. HICSX - Drawdown Comparison
The maximum PCONX drawdown since its inception was -47.70%, which is greater than HICSX's maximum drawdown of -23.68%. Use the drawdown chart below to compare losses from any high point for PCONX and HICSX.
Loading graphics...
Drawdown Indicators
| PCONX | HICSX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.70% | -23.68% | -24.02% |
Max Drawdown (1Y)Largest decline over 1 year | -7.49% | -6.92% | -0.57% |
Max Drawdown (5Y)Largest decline over 5 years | -25.48% | -22.03% | -3.45% |
Max Drawdown (10Y)Largest decline over 10 years | -26.14% | -23.68% | -2.46% |
Current DrawdownCurrent decline from peak | -7.35% | -6.92% | -0.43% |
Average DrawdownAverage peak-to-trough decline | -8.32% | -4.82% | -3.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.24% | 1.75% | +0.49% |
Volatility
PCONX vs. HICSX - Volatility Comparison
Putnam Convertible Securities Fund (PCONX) and Harbor Convertible Securities Fund (HICSX) have volatilities of 5.98% and 6.02%, 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.
Loading graphics...
Volatility by Period
| PCONX | HICSX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.98% | 6.02% | -0.04% |
Volatility (6M)Calculated over the trailing 6-month period | 11.21% | 11.54% | -0.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.43% | 14.15% | +0.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.46% | 11.02% | +1.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.83% | 10.61% | +2.22% |