PEYAX vs. SPGP
Compare and contrast key facts about Putnam Large Cap Value Fund (PEYAX) and Invesco S&P 500 GARP ETF (SPGP).
PEYAX is managed by Putnam. It was launched on Jun 15, 1977. SPGP is a passively managed fund by Invesco that tracks the performance of the S&P 500 GARP Index. It was launched on Jun 16, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PEYAX or SPGP.
Correlation
The correlation between PEYAX and SPGP is 0.80, 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.
Performance
PEYAX vs. SPGP - Performance Comparison
Key characteristics
PEYAX:
1.28
SPGP:
0.64
PEYAX:
1.66
SPGP:
0.97
PEYAX:
1.25
SPGP:
1.12
PEYAX:
1.23
SPGP:
0.99
PEYAX:
6.31
SPGP:
2.87
PEYAX:
2.37%
SPGP:
3.31%
PEYAX:
11.65%
SPGP:
14.78%
PEYAX:
-50.96%
SPGP:
-42.08%
PEYAX:
-11.35%
SPGP:
-6.78%
Returns By Period
In the year-to-date period, PEYAX achieves a 12.78% return, which is significantly higher than SPGP's 8.08% return. Over the past 10 years, PEYAX has underperformed SPGP with an annualized return of 6.64%, while SPGP has yielded a comparatively higher 13.46% annualized return.
PEYAX
12.78%
-8.85%
-0.99%
13.96%
6.47%
6.64%
SPGP
8.08%
-5.01%
2.74%
7.82%
12.00%
13.46%
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PEYAX vs. SPGP - Expense Ratio Comparison
PEYAX has a 0.88% expense ratio, which is higher than SPGP's 0.36% expense ratio.
Risk-Adjusted Performance
PEYAX vs. SPGP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Putnam Large Cap Value Fund (PEYAX) and Invesco S&P 500 GARP ETF (SPGP). 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.
Dividends
PEYAX vs. SPGP - Dividend Comparison
PEYAX's dividend yield for the trailing twelve months is around 0.83%, less than SPGP's 0.99% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PEYAX Putnam Large Cap Value Fund | 0.83% | 1.43% | 1.88% | 1.16% | 1.50% | 1.35% | 1.85% | 1.55% | 1.42% | 1.46% | 9.72% | 9.82% |
SPGP Invesco S&P 500 GARP ETF | 0.99% | 1.24% | 1.22% | 0.69% | 1.10% | 0.86% | 0.95% | 0.68% | 0.89% | 1.12% | 1.52% | 2.11% |
Drawdowns
PEYAX vs. SPGP - Drawdown Comparison
The maximum PEYAX drawdown since its inception was -50.96%, which is greater than SPGP's maximum drawdown of -42.08%. Use the drawdown chart below to compare losses from any high point for PEYAX and SPGP. For additional features, visit the drawdowns tool.
Volatility
PEYAX vs. SPGP - Volatility Comparison
Putnam Large Cap Value Fund (PEYAX) has a higher volatility of 6.48% compared to Invesco S&P 500 GARP ETF (SPGP) at 4.26%. This indicates that PEYAX's price experiences larger fluctuations and is considered to be riskier than SPGP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.