PGEOX vs. SH
Compare and contrast key facts about George Putnam Balanced Fund (PGEOX) and ProShares Short S&P500 (SH).
PGEOX is managed by Putnam. It was launched on Nov 5, 1937. SH is a passively managed fund by ProShares that tracks the performance of the S&P 500 (-100%). It was launched on Jun 19, 2006.
Performance
PGEOX vs. SH - Performance Comparison
Loading graphics...
PGEOX vs. SH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PGEOX George Putnam Balanced Fund | -2.12% | 14.02% | 20.65% | 19.93% | -17.59% | 13.80% | 9.25% | 22.61% | -3.03% | 15.02% |
SH ProShares Short S&P500 | 4.94% | -11.35% | -13.52% | -14.80% | 18.98% | -24.21% | -25.09% | -22.12% | 4.93% | -17.36% |
Returns By Period
In the year-to-date period, PGEOX achieves a -2.12% return, which is significantly lower than SH's 4.94% return. Over the past 10 years, PGEOX has outperformed SH with an annualized return of 9.24%, while SH has yielded a comparatively lower -11.91% annualized return.
PGEOX
- 1D
- 1.97%
- 1M
- -3.41%
- YTD
- -2.12%
- 6M
- -0.19%
- 1Y
- 14.34%
- 3Y*
- 15.19%
- 5Y*
- 8.00%
- 10Y*
- 9.24%
SH
- 1D
- -0.79%
- 1M
- 4.70%
- YTD
- 4.94%
- 6M
- 4.06%
- 1Y
- -11.88%
- 3Y*
- -10.10%
- 5Y*
- -7.71%
- 10Y*
- -11.91%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PGEOX vs. SH - Expense Ratio Comparison
PGEOX has a 0.94% expense ratio, which is higher than SH's 0.90% expense ratio.
Return for Risk
PGEOX vs. SH — Risk / Return Rank
PGEOX
SH
PGEOX vs. SH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for George Putnam Balanced Fund (PGEOX) and ProShares Short S&P500 (SH). 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.
| PGEOX | SH | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.28 | -0.66 | +1.93 |
Sortino ratioReturn per unit of downside risk | 1.86 | -0.82 | +2.68 |
Omega ratioGain probability vs. loss probability | 1.28 | 0.88 | +0.40 |
Calmar ratioReturn relative to maximum drawdown | 1.90 | -0.46 | +2.36 |
Martin ratioReturn relative to average drawdown | 8.97 | -0.56 | +9.52 |
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
| PGEOX | SH | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.28 | -0.66 | +1.93 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.71 | -0.46 | +1.17 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.80 | -0.66 | +1.46 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.42 | -0.56 | +0.99 |
Correlation
The correlation between PGEOX and SH is -0.95. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Dividends
PGEOX vs. SH - Dividend Comparison
PGEOX's dividend yield for the trailing twelve months is around 7.96%, more than SH's 3.95% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PGEOX George Putnam Balanced Fund | 7.96% | 8.13% | 7.99% | 1.10% | 0.89% | 7.75% | 1.05% | 5.22% | 9.04% | 1.10% | 1.18% | 1.13% |
SH ProShares Short S&P500 | 3.95% | 4.49% | 6.20% | 5.37% | 1.08% | 0.00% | 0.16% | 1.76% | 1.01% | 0.06% | 0.00% | 0.00% |
Drawdowns
PGEOX vs. SH - Drawdown Comparison
The maximum PGEOX drawdown since its inception was -50.63%, smaller than the maximum SH drawdown of -94.26%. Use the drawdown chart below to compare losses from any high point for PGEOX and SH.
Loading graphics...
Drawdown Indicators
| PGEOX | SH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.63% | -94.26% | +43.63% |
Max Drawdown (1Y)Largest decline over 1 year | -7.97% | -26.61% | +18.64% |
Max Drawdown (5Y)Largest decline over 5 years | -21.36% | -40.35% | +18.99% |
Max Drawdown (10Y)Largest decline over 10 years | -23.00% | -74.31% | +51.31% |
Current DrawdownCurrent decline from peak | -3.86% | -93.87% | +90.01% |
Average DrawdownAverage peak-to-trough decline | -11.78% | -67.50% | +55.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.69% | 21.86% | -20.17% |
Volatility
PGEOX vs. SH - Volatility Comparison
The current volatility for George Putnam Balanced Fund (PGEOX) is 3.85%, while ProShares Short S&P500 (SH) has a volatility of 5.36%. This indicates that PGEOX experiences smaller price fluctuations and is considered to be less risky than SH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| PGEOX | SH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.85% | 5.36% | -1.51% |
Volatility (6M)Calculated over the trailing 6-month period | 6.41% | 9.45% | -3.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.58% | 18.18% | -6.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.40% | 16.86% | -5.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.59% | 17.99% | -6.40% |