Correlation
The correlation between PGOYX and FXAIX is 0.93, 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.
PGOYX vs. FXAIX
Compare and contrast key facts about Putnam Large Cap Growth Y (PGOYX) and Fidelity 500 Index Fund (FXAIX).
PGOYX is managed by Putnam. It was launched on Aug 27, 1999. FXAIX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PGOYX or FXAIX.
Performance
PGOYX vs. FXAIX - Performance Comparison
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Key characteristics
PGOYX:
0.61
FXAIX:
0.75
PGOYX:
0.87
FXAIX:
1.07
PGOYX:
1.12
FXAIX:
1.15
PGOYX:
0.55
FXAIX:
0.72
PGOYX:
1.74
FXAIX:
2.73
PGOYX:
7.42%
FXAIX:
4.85%
PGOYX:
25.64%
FXAIX:
19.78%
PGOYX:
-76.03%
FXAIX:
-33.79%
PGOYX:
-5.74%
FXAIX:
-3.14%
Returns By Period
In the year-to-date period, PGOYX achieves a -1.55% return, which is significantly lower than FXAIX's 1.34% return. Over the past 10 years, PGOYX has outperformed FXAIX with an annualized return of 15.80%, while FXAIX has yielded a comparatively lower 12.68% annualized return.
PGOYX
-1.55%
6.65%
-0.10%
15.23%
19.91%
15.63%
15.80%
FXAIX
1.34%
5.62%
-1.07%
13.84%
14.51%
16.00%
12.68%
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PGOYX vs. FXAIX - Expense Ratio Comparison
PGOYX has a 0.65% expense ratio, which is higher than FXAIX's 0.02% expense ratio.
Risk-Adjusted Performance
PGOYX vs. FXAIX — Risk-Adjusted Performance Rank
PGOYX
FXAIX
PGOYX vs. FXAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Putnam Large Cap Growth Y (PGOYX) and Fidelity 500 Index Fund (FXAIX). 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.
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Dividends
PGOYX vs. FXAIX - Dividend Comparison
PGOYX's dividend yield for the trailing twelve months is around 4.32%, more than FXAIX's 1.55% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PGOYX Putnam Large Cap Growth Y | 4.32% | 4.25% | 0.46% | 7.30% | 8.55% | 3.12% | 3.65% | 7.92% | 2.05% | 0.02% | 5.78% | 15.28% |
FXAIX Fidelity 500 Index Fund | 1.55% | 1.25% | 1.45% | 1.69% | 1.22% | 1.60% | 2.06% | 2.72% | 1.97% | 2.52% | 2.83% | 2.08% |
Drawdowns
PGOYX vs. FXAIX - Drawdown Comparison
The maximum PGOYX drawdown since its inception was -76.03%, which is greater than FXAIX's maximum drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for PGOYX and FXAIX.
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Volatility
PGOYX vs. FXAIX - Volatility Comparison
Putnam Large Cap Growth Y (PGOYX) has a higher volatility of 5.55% compared to Fidelity 500 Index Fund (FXAIX) at 4.77%. This indicates that PGOYX's price experiences larger fluctuations and is considered to be riskier than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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