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.
Correlation
The correlation between PGEOX and VLAAX is 0.82, 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
PGEOX vs. VLAAX - Performance Comparison
Key characteristics
PGEOX:
1.72
VLAAX:
0.20
PGEOX:
2.34
VLAAX:
0.31
PGEOX:
1.32
VLAAX:
1.06
PGEOX:
1.79
VLAAX:
0.16
PGEOX:
8.64
VLAAX:
0.65
PGEOX:
1.83%
VLAAX:
3.98%
PGEOX:
9.19%
VLAAX:
12.93%
PGEOX:
-47.56%
VLAAX:
-49.66%
PGEOX:
-3.14%
VLAAX:
-13.49%
Returns By Period
The year-to-date returns for both investments are quite close, with PGEOX having a 1.33% return and VLAAX slightly higher at 1.38%. Over the past 10 years, PGEOX has outperformed VLAAX with an annualized return of 5.96%, while VLAAX has yielded a comparatively lower 4.44% annualized return.
PGEOX
1.33%
1.33%
3.26%
15.24%
5.26%
5.96%
VLAAX
1.38%
0.51%
-3.41%
1.95%
1.33%
4.44%
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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.
Dividends
PGEOX vs. VLAAX - Dividend Comparison
PGEOX's dividend yield for the trailing twelve months is around 1.87%, more than VLAAX's 1.55% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PGEOX George Putnam Balanced Fund | 1.87% | 1.90% | 1.10% | 0.89% | 0.61% | 1.05% | 2.58% | 1.43% | 1.10% | 1.18% | 2.27% | 2.51% |
VLAAX Value Line Asset Allocation Fund | 1.55% | 1.57% | 1.07% | 0.89% | 0.03% | 0.02% | 0.42% | 0.40% | 0.45% | 0.26% | 0.20% | 2.49% |
Drawdowns
PGEOX vs. VLAAX - Drawdown Comparison
The maximum PGEOX drawdown since its inception was -47.56%, roughly equal to the maximum VLAAX drawdown of -49.66%. Use the drawdown chart below to compare losses from any high point for PGEOX and VLAAX. For additional features, visit the drawdowns tool.
Volatility
PGEOX vs. VLAAX - Volatility Comparison
The current volatility for George Putnam Balanced Fund (PGEOX) is 3.60%, while Value Line Asset Allocation Fund (VLAAX) has a volatility of 10.46%. This indicates that PGEOX experiences smaller price fluctuations and is considered to be less risky than VLAAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.