PGRO vs. PGRI
PGRO (Putnam Focused Large Cap Growth ETF) and PGRI (Putnam International Stock ETF) are both exchange-traded funds - PGRO is a Large Cap Growth Equities fund actively managed by Putnam, while PGRI is a Actively Managed fund actively managed by Putnam. Both are actively managed. Their 0.74 correlation means they have sometimes moved together and sometimes differently. Both charge a 0.55% expense ratio.
Performance
PGRO vs. PGRI - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PGRO achieves a 1.37% return, which is significantly lower than PGRI's 6.72% return.
PGRO
- 1D
- 0.76%
- 1M
- -2.55%
- 6M
- 2.79%
- YTD
- 1.37%
- 1Y
- 9.32%
- 3Y*
- 19.26%
- 5Y*
- 10.40%
- 10Y*
- —
- ALL TIME*
- 12.18%
PGRI
- 1D
- -0.41%
- 1M
- -2.38%
- 6M
- 1.75%
- YTD
- 6.72%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $3.11K | $2.77K | $13.96K | |
| $9.82M | $4.94M | $2.18M |
PGRO vs. PGRI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
PGRO Putnam Focused Large Cap Growth ETF | 1.37% | 1.14% |
PGRI Putnam International Stock ETF | 6.72% | -1.11% |
Correlation
The correlation between PGRO and PGRI is 0.74, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 23, 2025 | 0.74 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
PGRO vs. PGRI — Risk / Return Rank
PGRO
PGRI
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
PGRO vs. PGRI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Putnam Focused Large Cap Growth ETF (PGRO) and Putnam International Stock ETF (PGRI). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PGRO | PGRI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.08 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 0.45 | — | — |
| Martin ratioReturn relative to average drawdown | 1.32 | — | — |
Loading charts...
Drawdowns
PGRO vs. PGRI - Drawdown Comparison
The maximum PGRO drawdown since its inception was -34.73%, which is greater than PGRI's maximum drawdown of -12.87%. Use the drawdown chart below to compare losses from any high point for PGRO and PGRI.
Loading charts...
Drawdown Indicators
| PGRO | PGRI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.73% | -12.87% | -21.86% |
Max Drawdown (1Y)Largest decline over 1 year | -16.34% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -23.31% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -34.73% | — | — |
Current DrawdownCurrent decline from peak | -8.08% | -5.26% | -2.82% |
Average DrawdownAverage peak-to-trough decline | -10.13% | -3.28% | -6.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.52% | — | — |
Volatility
PGRO vs. PGRI - Volatility Comparison
Loading charts...
Volatility by Period
| PGRO | PGRI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.72% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 14.18% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 17.90% | 20.69% | -2.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.07% | 20.69% | +1.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.77% | 20.69% | +1.08% |
PGRO vs. PGRI - Expense Ratio Comparison
Both PGRO and PGRI have an expense ratio of 0.55%.
Dividends
PGRO vs. PGRI - Dividend Comparison
PGRO's dividend yield for the trailing twelve months is around 0.02%, less than PGRI's 0.11% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
PGRI Putnam International Stock ETF | 0.11% | 0.12% | 0.00% | 0.00% | 0.00% |
PGRO Putnam Focused Large Cap Growth ETF | 0.02% | 0.02% | 0.08% | 0.19% | 0.12% |
Frequently Asked Questions
PGRO and PGRI have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.55% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
PGRO and PGRI have the same expense ratio: 0.55% per year.
PGRI has the higher dividend yield at 0.11%, compared with 0.02% for PGRO.
PGRO is categorized as Large Cap Growth Equities, while PGRI is Actively Managed.
Find the right allocation for PGRO and PGRI
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer