PDINX vs. AMZN

Last updated Jun 23, 2026

PDINX (Putnam Diversified Income Trust) is Nontraditional Bonds fund managed by Putnam, while AMZN (Amazon.com, Inc) is a stock. Over the past 10 years, PDINX returned 3.24%/yr vs 20.95%/yr for AMZN. At a 0.15 correlation, their price movements are largely independent.

Performance

PDINX vs. AMZN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Putnam Diversified Income Trust (PDINX) and Amazon.com, Inc (AMZN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PDINX achieves a 1.70% return, which is significantly higher than AMZN's 1.43% return. Over the past 10 years, PDINX has underperformed AMZN with an annualized return of 3.24%, while AMZN has yielded a comparatively higher 20.95% annualized return.

PDINX

• 1D: 0.20%
• 1M: 0.80%
• YTD: 1.70%
• 6M: 0.70%
• 1Y: 4.87%
• 3Y*: 6.61%
• 5Y*: 1.63%
• 10Y*: 3.24%

AMZN

• 1D: 0.57%
• 1M: -12.09%
• YTD: 1.43%
• 6M: 0.85%
• 1Y: 12.30%
• 3Y*: 21.87%
• 5Y*: 6.30%
• 10Y*: 20.95%

*Multi-year figures are annualized to reflect compound growth (CAGR)

PDINX vs. AMZN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PDINX Putnam Diversified Income Trust	1.70%	7.48%	5.92%	4.55%	-4.00%	-6.94%	-0.25%	12.27%	-1.38%	6.53%
AMZN Amazon.com, Inc	1.43%	5.21%	44.39%	80.88%	-49.62%	2.38%	76.26%	23.03%	28.43%	55.96%

Correlation

The correlation between PDINX and AMZN is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.25
Correlation (3Y) Calculated over the trailing 3-year period	0.16
Correlation (5Y) Calculated over the trailing 5-year period	0.23
Correlation (10Y) Calculated over the trailing 10-year period	0.24
Correlation (All Time) Calculated using the full available price history since May 15, 1997	0.15

The correlation between PDINX and AMZN shifts across timeframes, from 0.15 (all time) to 0.25 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

PDINX vs. AMZN — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PDINX

PDINX Risk / Return Rank: 43
PDINX Sharpe Ratio Rank: 38
PDINX Sortino Ratio Rank: 38
PDINX Omega Ratio Rank: 47
PDINX Calmar Ratio Rank: 47
PDINX Martin Ratio Rank: 47

AMZN

AMZN Risk / Return Rank: 54
AMZN Sharpe Ratio Rank: 57
AMZN Sortino Ratio Rank: 50
AMZN Omega Ratio Rank: 49
AMZN Calmar Ratio Rank: 56
AMZN Martin Ratio Rank: 57

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PDINX vs. AMZN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Putnam Diversified Income Trust (PDINX) and Amazon.com, Inc (AMZN). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	PDINX	AMZN	Difference
Sharpe ratio: Return per unit of total volatility	1.66	0.40	+1.26
Sortino ratio: Return per unit of downside risk	2.40	0.77	+1.64
Omega ratio: Gain probability vs. loss probability	1.34	1.09	+0.25
Calmar ratio: Return relative to maximum drawdown	2.51	0.57	+1.94
Martin ratio: Return relative to average drawdown	9.25	1.31	+7.94

PDINX vs. AMZN - Sharpe Ratio Comparison

The current PDINX Sharpe Ratio is 1.66, which is higher than the AMZN Sharpe Ratio of 0.40. The chart below compares the historical Sharpe Ratios of PDINX and AMZN, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

PDINX vs. AMZN - Drawdown Comparison

The maximum PDINX drawdown since its inception was -43.44%, smaller than the maximum AMZN drawdown of -94.40%. Use the drawdown chart below to compare losses from any high point for PDINX and AMZN.

Drawdown Indicators

	PDINX	AMZN	Difference
Max Drawdown Largest peak-to-trough decline	-43.44%	-94.40%	+50.96%
Max Drawdown (1Y) Largest decline over 1 year	-1.96%	-21.74%	+19.78%
Max Drawdown (3Y) Largest decline over 3 years	-11.25%	-30.88%	+19.63%
Max Drawdown (5Y) Largest decline over 5 years	-13.39%	-56.15%	+42.76%
Max Drawdown (10Y) Largest decline over 10 years	-18.27%	-56.15%	+37.88%
Current Drawdown Current decline from peak	-2.39%	-14.87%	+12.48%
Average Drawdown Average peak-to-trough decline	-3.55%	-28.17%	+24.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.53%	9.41%	-8.88%

Volatility

PDINX vs. AMZN - Volatility Comparison

The current volatility for Putnam Diversified Income Trust (PDINX) is 0.97%, while Amazon.com, Inc (AMZN) has a volatility of 10.19%. This indicates that PDINX experiences smaller price fluctuations and is considered to be less risky than AMZN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PDINX	AMZN	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.97%	10.19%	-9.22%
Volatility (6M) Calculated over the trailing 6-month period	2.39%	21.71%	-19.32%
Volatility (1Y) Calculated over the trailing 1-year period	2.96%	30.89%	-27.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.09%	35.68%	-27.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.68%	32.56%	-25.88%

Dividends

PDINX vs. AMZN - Dividend Comparison

PDINX's dividend yield for the trailing twelve months is around 3.96%, while AMZN has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AMZN Amazon.com, Inc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
PDINX Putnam Diversified Income Trust	3.96%	5.17%	18.88%	6.35%	4.59%	3.71%	3.75%	4.17%	5.35%	5.61%	5.35%	4.89%

Frequently Asked Questions

Can I hold both PDINX and AMZN in my portfolio?

PDINX and AMZN have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PDINX or AMZN?

AMZN has higher volatility (10.19%) compared to PDINX (0.97%). In terms of maximum drawdown, PDINX dropped -43.44% vs AMZN's -94.40%.

Which has better risk-adjusted returns?

PDINX currently has the higher Sharpe Ratio (1.66 vs 0.40), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.