PGOYX vs. VGT
Compare and contrast key facts about Putnam Large Cap Growth Y (PGOYX) and Vanguard Information Technology ETF (VGT).
PGOYX is managed by Putnam. It was launched on Aug 27, 1999. VGT is a passively managed fund by Vanguard that tracks the performance of the MSCI US Investable Market Information Technology 25/50 Index. It was launched on Jan 26, 2004.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PGOYX or VGT.
Correlation
The correlation between PGOYX and VGT is 0.91, 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
PGOYX vs. VGT - Performance Comparison
Key characteristics
PGOYX:
1.17
VGT:
1.16
PGOYX:
1.60
VGT:
1.60
PGOYX:
1.22
VGT:
1.21
PGOYX:
1.66
VGT:
1.70
PGOYX:
5.74
VGT:
5.91
PGOYX:
3.88%
VGT:
4.39%
PGOYX:
19.07%
VGT:
22.33%
PGOYX:
-76.03%
VGT:
-54.63%
PGOYX:
-1.63%
VGT:
-0.55%
Returns By Period
In the year-to-date period, PGOYX achieves a 3.95% return, which is significantly higher than VGT's 3.52% return. Over the past 10 years, PGOYX has underperformed VGT with an annualized return of 12.45%, while VGT has yielded a comparatively higher 20.68% annualized return.
PGOYX
3.95%
2.66%
8.72%
24.58%
11.84%
12.45%
VGT
3.52%
2.58%
10.89%
28.80%
20.51%
20.68%
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PGOYX vs. VGT - Expense Ratio Comparison
PGOYX has a 0.65% expense ratio, which is higher than VGT's 0.10% expense ratio.
Risk-Adjusted Performance
PGOYX vs. VGT — Risk-Adjusted Performance Rank
PGOYX
VGT
PGOYX vs. VGT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Putnam Large Cap Growth Y (PGOYX) and Vanguard Information Technology ETF (VGT). 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
PGOYX vs. VGT - Dividend Comparison
PGOYX has not paid dividends to shareholders, while VGT's dividend yield for the trailing twelve months is around 0.58%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PGOYX Putnam Large Cap Growth Y | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.29% | 0.48% | 0.02% | 6.31% | 16.09% |
VGT Vanguard Information Technology ETF | 0.58% | 0.60% | 0.65% | 0.91% | 0.64% | 0.82% | 1.11% | 1.29% | 0.99% | 1.31% | 1.28% | 1.12% |
Drawdowns
PGOYX vs. VGT - Drawdown Comparison
The maximum PGOYX drawdown since its inception was -76.03%, which is greater than VGT's maximum drawdown of -54.63%. Use the drawdown chart below to compare losses from any high point for PGOYX and VGT. For additional features, visit the drawdowns tool.
Volatility
PGOYX vs. VGT - Volatility Comparison
The current volatility for Putnam Large Cap Growth Y (PGOYX) is 5.52%, while Vanguard Information Technology ETF (VGT) has a volatility of 7.66%. This indicates that PGOYX experiences smaller price fluctuations and is considered to be less risky than VGT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.