PEYAX vs. VEIPX
Compare and contrast key facts about Putnam Large Cap Value Fund (PEYAX) and Vanguard Equity Income Fund Investor Shares (VEIPX).
PEYAX is managed by Putnam. It was launched on Jun 15, 1977. VEIPX is managed by Vanguard. It was launched on Mar 21, 1988.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PEYAX or VEIPX.
Key characteristics
| PEYAX | VEIPX | |
|---|---|---|
| YTD Return | 24.94% | 18.25% |
| 1Y Return | 30.68% | 23.53% |
| 3Y Return (Ann) | 6.50% | 7.29% |
| 5Y Return (Ann) | 9.53% | 10.23% |
| 10Y Return (Ann) | 7.99% | 9.81% |
| Sharpe Ratio | 2.88 | 2.02 |
| Sortino Ratio | 3.81 | 2.66 |
| Omega Ratio | 1.52 | 1.39 |
| Calmar Ratio | 3.99 | 3.46 |
| Martin Ratio | 22.00 | 9.69 |
| Ulcer Index | 1.41% | 2.41% |
| Daily Std Dev | 10.76% | 11.54% |
| Max Drawdown | -50.96% | -54.12% |
| Current Drawdown | -0.78% | -0.85% |
Correlation
The correlation between PEYAX and VEIPX is 0.95, 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. VEIPX - Performance Comparison
In the year-to-date period, PEYAX achieves a 24.94% return, which is significantly higher than VEIPX's 18.25% return. Over the past 10 years, PEYAX has underperformed VEIPX with an annualized return of 7.99%, while VEIPX has yielded a comparatively higher 9.81% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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PEYAX vs. VEIPX - Expense Ratio Comparison
PEYAX has a 0.88% expense ratio, which is higher than VEIPX's 0.28% expense ratio.
Risk-Adjusted Performance
PEYAX vs. VEIPX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Putnam Large Cap Value Fund (PEYAX) and Vanguard Equity Income Fund Investor Shares (VEIPX). 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. VEIPX - Dividend Comparison
PEYAX's dividend yield for the trailing twelve months is around 1.20%, less than VEIPX's 2.71% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PEYAX Putnam Large Cap Value Fund | 1.20% | 1.43% | 1.88% | 1.16% | 1.50% | 1.35% | 1.85% | 1.55% | 1.42% | 1.46% | 9.72% | 9.82% |
VEIPX Vanguard Equity Income Fund Investor Shares | 2.71% | 2.94% | 2.93% | 2.40% | 2.62% | 2.63% | 3.15% | 2.45% | 2.74% | 2.96% | 2.69% | 2.51% |
Drawdowns
PEYAX vs. VEIPX - Drawdown Comparison
The maximum PEYAX drawdown since its inception was -50.96%, smaller than the maximum VEIPX drawdown of -54.12%. Use the drawdown chart below to compare losses from any high point for PEYAX and VEIPX. For additional features, visit the drawdowns tool.
Volatility
PEYAX vs. VEIPX - Volatility Comparison
The current volatility for Putnam Large Cap Value Fund (PEYAX) is 3.44%, while Vanguard Equity Income Fund Investor Shares (VEIPX) has a volatility of 3.66%. This indicates that PEYAX experiences smaller price fluctuations and is considered to be less risky than VEIPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.