Correlation
The correlation between PGEOX and VLAAX is 0.88, 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.
PGEOX vs. VLAAX
Compare and contrast key facts about George Putnam Balanced Fund (PGEOX) and Value Line Asset Allocation Fund (VLAAX).
PGEOX is managed by Putnam. It was launched on Nov 5, 1937. VLAAX is managed by Value Line. It was launched on Aug 23, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PGEOX or VLAAX.
Performance
PGEOX vs. VLAAX - Performance Comparison
Loading data...
Key characteristics
PGEOX:
0.79
VLAAX:
1.13
PGEOX:
1.06
VLAAX:
1.47
PGEOX:
1.15
VLAAX:
1.19
PGEOX:
0.70
VLAAX:
1.04
PGEOX:
2.57
VLAAX:
3.28
PGEOX:
3.43%
VLAAX:
3.47%
PGEOX:
12.59%
VLAAX:
11.30%
PGEOX:
-49.92%
VLAAX:
-44.01%
PGEOX:
-2.34%
VLAAX:
-2.29%
Returns By Period
In the year-to-date period, PGEOX achieves a 0.79% return, which is significantly lower than VLAAX's 4.07% return. Both investments have delivered pretty close results over the past 10 years, with PGEOX having a 8.39% annualized return and VLAAX not far ahead at 8.78%.
PGEOX
0.79%
3.76%
-1.56%
9.18%
10.27%
9.48%
8.39%
VLAAX
4.07%
1.86%
-1.71%
11.89%
10.78%
7.93%
8.78%
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. VLAAX - Expense Ratio Comparison
PGEOX has a 0.94% expense ratio, which is lower than VLAAX's 1.04% expense ratio.
Risk-Adjusted Performance
PGEOX vs. VLAAX — Risk-Adjusted Performance Rank
PGEOX
VLAAX
PGEOX vs. VLAAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for George Putnam Balanced Fund (PGEOX) and Value Line Asset Allocation Fund (VLAAX). 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.
Loading data...
Dividends
PGEOX vs. VLAAX - Dividend Comparison
PGEOX's dividend yield for the trailing twelve months is around 4.37%, less than VLAAX's 9.74% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PGEOX George Putnam Balanced Fund | 4.37% | 4.66% | 1.10% | 2.96% | 7.75% | 6.56% | 6.43% | 9.04% | 1.10% | 1.18% | 1.13% | 1.26% |
VLAAX Value Line Asset Allocation Fund | 9.74% | 10.14% | 9.88% | 6.00% | 6.43% | 0.53% | 1.74% | 3.10% | 4.34% | 2.39% | 2.98% | 2.12% |
Drawdowns
PGEOX vs. VLAAX - Drawdown Comparison
The maximum PGEOX drawdown since its inception was -49.92%, which is greater than VLAAX's maximum drawdown of -44.01%. Use the drawdown chart below to compare losses from any high point for PGEOX and VLAAX.
Loading data...
Volatility
PGEOX vs. VLAAX - Volatility Comparison
George Putnam Balanced Fund (PGEOX) has a higher volatility of 3.16% compared to Value Line Asset Allocation Fund (VLAAX) at 2.75%. This indicates that PGEOX's price experiences larger fluctuations and is considered to be riskier than VLAAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...