PDINX vs. FSCO
PDINX (Putnam Diversified Income Trust) is Nontraditional Bonds fund managed by Putnam, while FSCO (FS Credit Opportunities Corp.) is a stock. Over the past 3 years, PDINX returned 6.14%/yr vs 11.67%/yr for FSCO. Their 0.07 correlation means their historical movements had little consistent relationship.
Performance
PDINX vs. FSCO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PDINX achieves a 1.07% return, which is significantly higher than FSCO's -14.16% return.
PDINX
- 1D
- -0.20%
- 1M
- -0.79%
- 6M
- 0.61%
- YTD
- 1.07%
- 1Y
- 2.33%
- 3Y*
- 6.14%
- 5Y*
- 2.09%
- 10Y*
- 3.01%
- ALL TIME*
- 4.82%
FSCO
- 1D
- 0.81%
- 1M
- 2.01%
- 6M
- -10.36%
- YTD
- -14.16%
- 1Y
- -23.65%
- 3Y*
- 11.67%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 13.07%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $4.26M | $4.44M | $5.06M | |
| $0.00 | $0.00 | $0.00 |
PDINX vs. FSCO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
PDINX Putnam Diversified Income Trust | 1.07% | 7.48% | 5.92% | 4.55% | 0.59% |
FSCO FS Credit Opportunities Corp. | -14.16% | 3.68% | 34.88% | 36.98% | -3.98% |
Correlation
The correlation between PDINX and FSCO is 0.17, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.17 |
Correlation (3Y) Balances recent behavior with more history. | 0.09 |
Correlation (All Time) Calculated using the full available price history since Nov 14, 2022 | 0.07 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
PDINX vs. FSCO — Risk / Return Rank
PDINX
FSCO
PDINX vs. FSCO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Putnam Diversified Income Trust (PDINX) and FS Credit Opportunities Corp. (FSCO). 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 | FSCO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.84 | ||
| Sortino ratioReturn per unit of downside risk | +2.48 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 0.86 | +0.34 |
| Calmar ratioReturn relative to maximum drawdown | 1.51 | -0.67 | +2.18 |
| Martin ratioReturn relative to average drawdown | 5.19 | -1.17 | +6.36 |
Loading charts...
Drawdowns
PDINX vs. FSCO - Drawdown Comparison
The maximum PDINX drawdown since its inception was -43.44%, which is greater than FSCO's maximum drawdown of -35.53%. Use the drawdown chart below to compare losses from any high point for PDINX and FSCO.
Loading charts...
Drawdown Indicators
| PDINX | FSCO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.44% | -35.53% | -7.91% |
Max Drawdown (1Y)Largest decline over 1 year | -1.96% | -35.53% | +33.57% |
Max Drawdown (3Y)Largest decline over 3 years | -11.25% | -35.53% | +24.28% |
Max Drawdown (5Y)Largest decline over 5 years | -11.65% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -18.27% | — | — |
Current DrawdownCurrent decline from peak | -3.00% | -25.05% | +22.05% |
Average DrawdownAverage peak-to-trough decline | -3.54% | -8.72% | +5.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.57% | 20.25% | -19.68% |
Volatility
PDINX vs. FSCO - Volatility Comparison
The current volatility for Putnam Diversified Income Trust (PDINX) is 0.95%, while FS Credit Opportunities Corp. (FSCO) has a volatility of 3.65%. This indicates that PDINX experiences smaller price fluctuations and is considered to be less risky than FSCO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| PDINX | FSCO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.95% | 3.65% | -2.70% |
Volatility (6M)Calculated over the trailing 6-month period | 2.43% | 22.49% | -20.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.03% | 27.65% | -24.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.09% | 27.85% | -19.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.65% | 27.85% | -21.20% |
Dividends
PDINX vs. FSCO - Dividend Comparison
PDINX's dividend yield for the trailing twelve months is around 3.96%, less than FSCO's 15.35% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSCO FS Credit Opportunities Corp. | 15.35% | 12.65% | 10.47% | 11.26% | 1.95% | 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
PDINX and FSCO have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FSCO has higher volatility (3.65%) compared to PDINX (0.95%). In terms of maximum drawdown, PDINX dropped -43.44% vs FSCO's -35.53%.
PDINX currently has the higher Sharpe Ratio (0.98 vs -0.86), 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.
Find the right allocation for PDINX and FSCO
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer