PEQSX vs. FSMDX
Compare and contrast key facts about Putnam Large Cap Value Fund Class R6 (PEQSX) and Fidelity Mid Cap Index Fund (FSMDX).
PEQSX is a passively managed fund by Putnam that tracks the performance of the . It was launched on Jul 2, 2012. FSMDX is managed by Fidelity. It was launched on Sep 8, 2011.
Performance
PEQSX vs. FSMDX - Performance Comparison
Loading graphics...
PEQSX vs. FSMDX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PEQSX Putnam Large Cap Value Fund Class R6 | -1.25% | 20.49% | 19.41% | 15.45% | -2.74% | 27.33% | 6.23% | 29.79% | -8.29% | 19.15% |
FSMDX Fidelity Mid Cap Index Fund | -1.30% | 10.58% | 15.55% | 17.20% | -17.27% | 22.56% | 17.13% | 30.53% | -9.38% | 18.04% |
Returns By Period
The year-to-date returns for both stocks are quite close, with PEQSX having a -1.25% return and FSMDX slightly lower at -1.30%. Over the past 10 years, PEQSX has outperformed FSMDX with an annualized return of 13.22%, while FSMDX has yielded a comparatively lower 10.52% annualized return.
PEQSX
- 1D
- -0.13%
- 1M
- -6.31%
- YTD
- -1.25%
- 6M
- 4.76%
- 1Y
- 16.21%
- 3Y*
- 17.23%
- 5Y*
- 12.79%
- 10Y*
- 13.22%
FSMDX
- 1D
- -0.76%
- 1M
- -7.77%
- YTD
- -1.30%
- 6M
- -1.14%
- 1Y
- 13.02%
- 3Y*
- 12.41%
- 5Y*
- 6.74%
- 10Y*
- 10.52%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PEQSX vs. FSMDX - Expense Ratio Comparison
PEQSX has a 0.54% expense ratio, which is higher than FSMDX's 0.03% expense ratio.
Return for Risk
PEQSX vs. FSMDX — Risk / Return Rank
PEQSX
FSMDX
PEQSX vs. FSMDX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Putnam Large Cap Value Fund Class R6 (PEQSX) and Fidelity Mid Cap Index Fund (FSMDX). 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.
| PEQSX | FSMDX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.13 | 0.72 | +0.41 |
Sortino ratioReturn per unit of downside risk | 1.60 | 1.13 | +0.47 |
Omega ratioGain probability vs. loss probability | 1.24 | 1.16 | +0.09 |
Calmar ratioReturn relative to maximum drawdown | 1.34 | 0.87 | +0.48 |
Martin ratioReturn relative to average drawdown | 6.04 | 4.07 | +1.97 |
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
| PEQSX | FSMDX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.13 | 0.72 | +0.41 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.89 | 0.37 | +0.51 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.78 | 0.55 | +0.23 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.80 | 0.65 | +0.16 |
Correlation
The correlation between PEQSX and FSMDX is 0.92, 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
PEQSX vs. FSMDX - Dividend Comparison
PEQSX's dividend yield for the trailing twelve months is around 5.41%, more than FSMDX's 1.12% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PEQSX Putnam Large Cap Value Fund Class R6 | 5.41% | 5.69% | 7.14% | 5.26% | 7.40% | 7.40% | 6.30% | 3.66% | 6.08% | 3.56% | 2.66% | 6.31% |
FSMDX Fidelity Mid Cap Index Fund | 1.12% | 1.10% | 2.46% | 1.39% | 2.07% | 3.35% | 2.34% | 2.86% | 2.21% | 2.17% | 2.23% | 2.84% |
Drawdowns
PEQSX vs. FSMDX - Drawdown Comparison
The maximum PEQSX drawdown since its inception was -36.04%, smaller than the maximum FSMDX drawdown of -40.35%. Use the drawdown chart below to compare losses from any high point for PEQSX and FSMDX.
Loading graphics...
Drawdown Indicators
| PEQSX | FSMDX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.04% | -40.35% | +4.31% |
Max Drawdown (1Y)Largest decline over 1 year | -11.76% | -13.42% | +1.66% |
Max Drawdown (5Y)Largest decline over 5 years | -15.18% | -26.07% | +10.89% |
Max Drawdown (10Y)Largest decline over 10 years | -36.04% | -40.35% | +4.31% |
Current DrawdownCurrent decline from peak | -7.18% | -8.16% | +0.98% |
Average DrawdownAverage peak-to-trough decline | -3.24% | -5.00% | +1.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.62% | 2.86% | -0.24% |
Volatility
PEQSX vs. FSMDX - Volatility Comparison
The current volatility for Putnam Large Cap Value Fund Class R6 (PEQSX) is 3.62%, while Fidelity Mid Cap Index Fund (FSMDX) has a volatility of 4.74%. This indicates that PEQSX experiences smaller price fluctuations and is considered to be less risky than FSMDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| PEQSX | FSMDX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.62% | 4.74% | -1.12% |
Volatility (6M)Calculated over the trailing 6-month period | 7.98% | 10.17% | -2.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.38% | 18.96% | -3.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.51% | 18.23% | -3.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.99% | 19.28% | -2.29% |