PGEOX vs. WCPNX
Compare and contrast key facts about George Putnam Balanced Fund (PGEOX) and Weitz Core Plus Income Fund (WCPNX).
PGEOX is managed by Putnam. It was launched on Nov 5, 1937. WCPNX is managed by Weitz. It was launched on Jul 31, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PGEOX or WCPNX.
Key characteristics
| PGEOX | WCPNX | |
|---|---|---|
| YTD Return | 18.17% | 3.40% |
| 1Y Return | 24.95% | 7.62% |
| 3Y Return (Ann) | 5.79% | 0.06% |
| 5Y Return (Ann) | 10.01% | 1.96% |
| 10Y Return (Ann) | 8.87% | 2.62% |
| Sharpe Ratio | 3.17 | 1.60 |
| Sortino Ratio | 4.49 | 2.43 |
| Omega Ratio | 1.60 | 1.29 |
| Calmar Ratio | 4.55 | 1.04 |
| Martin Ratio | 20.31 | 6.52 |
| Ulcer Index | 1.33% | 1.33% |
| Daily Std Dev | 8.50% | 5.41% |
| Max Drawdown | -49.24% | -13.87% |
| Current Drawdown | -0.59% | -3.06% |
Correlation
The correlation between PGEOX and WCPNX is 0.12, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
PGEOX vs. WCPNX - Performance Comparison
In the year-to-date period, PGEOX achieves a 18.17% return, which is significantly higher than WCPNX's 3.40% return. Over the past 10 years, PGEOX has outperformed WCPNX with an annualized return of 8.87%, while WCPNX has yielded a comparatively lower 2.62% 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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PGEOX vs. WCPNX - Expense Ratio Comparison
PGEOX has a 0.94% expense ratio, which is higher than WCPNX's 0.89% expense ratio.
Risk-Adjusted Performance
PGEOX vs. WCPNX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for George Putnam Balanced Fund (PGEOX) and Weitz Core Plus Income Fund (WCPNX). 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. WCPNX - Dividend Comparison
PGEOX's dividend yield for the trailing twelve months is around 1.20%, less than WCPNX's 5.25% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PGEOX George Putnam Balanced Fund | 1.20% | 1.10% | 0.89% | 0.61% | 1.05% | 2.58% | 1.43% | 1.10% | 1.18% | 1.13% | 1.26% | 1.31% |
WCPNX Weitz Core Plus Income Fund | 5.25% | 5.73% | 2.93% | 2.23% | 3.31% | 2.72% | 2.55% | 2.11% | 2.43% | 1.78% | 0.58% | 0.00% |
Drawdowns
PGEOX vs. WCPNX - Drawdown Comparison
The maximum PGEOX drawdown since its inception was -49.24%, which is greater than WCPNX's maximum drawdown of -13.87%. Use the drawdown chart below to compare losses from any high point for PGEOX and WCPNX. For additional features, visit the drawdowns tool.
Volatility
PGEOX vs. WCPNX - Volatility Comparison
George Putnam Balanced Fund (PGEOX) has a higher volatility of 2.48% compared to Weitz Core Plus Income Fund (WCPNX) at 1.49%. This indicates that PGEOX's price experiences larger fluctuations and is considered to be riskier than WCPNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.