PDINX vs. PSDYX
Compare and contrast key facts about Putnam Diversified Income Trust (PDINX) and Putnam Ultra Short Duration Income Fund (PSDYX).
PDINX is managed by Putnam. It was launched on Oct 2, 1988. PSDYX is managed by Putnam. It was launched on Oct 17, 2011.
Performance
PDINX vs. PSDYX - Performance Comparison
Loading graphics...
PDINX vs. PSDYX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PDINX Putnam Diversified Income Trust | -0.07% | 7.48% | 5.92% | 4.55% | -4.00% | -6.94% | -0.25% | 12.27% | -1.38% | 6.53% |
PSDYX Putnam Ultra Short Duration Income Fund | 0.38% | 4.99% | 5.25% | 4.78% | 0.61% | 0.07% | 1.50% | 2.86% | 1.95% | 1.40% |
Returns By Period
In the year-to-date period, PDINX achieves a -0.07% return, which is significantly lower than PSDYX's 0.38% return. Over the past 10 years, PDINX has outperformed PSDYX with an annualized return of 3.26%, while PSDYX has yielded a comparatively lower 2.45% annualized return.
PDINX
- 1D
- 0.20%
- 1M
- -1.37%
- YTD
- -0.07%
- 6M
- -0.26%
- 1Y
- 4.59%
- 3Y*
- 5.91%
- 5Y*
- 1.11%
- 10Y*
- 3.26%
PSDYX
- 1D
- 0.00%
- 1M
- -0.30%
- YTD
- 0.38%
- 6M
- 1.42%
- 1Y
- 4.05%
- 3Y*
- 4.71%
- 5Y*
- 3.19%
- 10Y*
- 2.45%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PDINX vs. PSDYX - Expense Ratio Comparison
PDINX has a 1.01% expense ratio, which is higher than PSDYX's 0.30% expense ratio.
Return for Risk
PDINX vs. PSDYX — Risk / Return Rank
PDINX
PSDYX
PDINX vs. PSDYX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Putnam Diversified Income Trust (PDINX) and Putnam Ultra Short Duration Income Fund (PSDYX). 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.
| PDINX | PSDYX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.68 | 2.88 | -1.20 |
Sortino ratioReturn per unit of downside risk | 2.50 | 8.25 | -5.75 |
Omega ratioGain probability vs. loss probability | 1.36 | 2.68 | -1.32 |
Calmar ratioReturn relative to maximum drawdown | 2.67 | 9.02 | -6.36 |
Martin ratioReturn relative to average drawdown | 10.06 | 35.56 | -25.50 |
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
| PDINX | PSDYX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.68 | 2.88 | -1.20 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.14 | 2.52 | -2.38 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.49 | 2.37 | -1.88 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.89 | 2.15 | -1.27 |
Correlation
The correlation between PDINX and PSDYX is 0.11, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
PDINX vs. PSDYX - Dividend Comparison
PDINX's dividend yield for the trailing twelve months is around 4.11%, less than PSDYX's 4.17% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PDINX Putnam Diversified Income Trust | 4.11% | 5.17% | 18.88% | 6.35% | 4.59% | 3.71% | 3.75% | 4.17% | 5.35% | 5.61% | 5.35% | 4.89% |
PSDYX Putnam Ultra Short Duration Income Fund | 4.17% | 4.65% | 4.81% | 3.65% | 1.30% | 0.37% | 1.09% | 2.51% | 2.23% | 1.29% | 0.88% | 0.57% |
Drawdowns
PDINX vs. PSDYX - Drawdown Comparison
The maximum PDINX drawdown since its inception was -43.44%, which is greater than PSDYX's maximum drawdown of -2.58%. Use the drawdown chart below to compare losses from any high point for PDINX and PSDYX.
Loading graphics...
Drawdown Indicators
| PDINX | PSDYX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.44% | -2.58% | -40.86% |
Max Drawdown (1Y)Largest decline over 1 year | -1.96% | -0.49% | -1.47% |
Max Drawdown (5Y)Largest decline over 5 years | -14.57% | -0.80% | -13.77% |
Max Drawdown (10Y)Largest decline over 10 years | -18.27% | -2.58% | -15.69% |
Current DrawdownCurrent decline from peak | -4.10% | -0.39% | -3.71% |
Average DrawdownAverage peak-to-trough decline | -3.55% | -0.07% | -3.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.52% | 0.12% | +0.40% |
Volatility
PDINX vs. PSDYX - Volatility Comparison
Putnam Diversified Income Trust (PDINX) has a higher volatility of 1.13% compared to Putnam Ultra Short Duration Income Fund (PSDYX) at 0.22%. This indicates that PDINX's price experiences larger fluctuations and is considered to be riskier than PSDYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| PDINX | PSDYX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.13% | 0.22% | +0.91% |
Volatility (6M)Calculated over the trailing 6-month period | 1.97% | 0.97% | +1.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.00% | 1.45% | +1.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.07% | 1.27% | +6.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.70% | 1.04% | +5.66% |