PGRO vs. POGAX
Compare and contrast key facts about Putnam Focused Large Cap Growth ETF (PGRO) and Putnam Growth Opportunities Fund (POGAX).
PGRO is an actively managed fund by Power Corporation of Canada. It was launched on May 25, 2021. POGAX is managed by Putnam. It was launched on Oct 2, 1995.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PGRO or POGAX.
Correlation
The correlation between PGRO and POGAX is 0.99, 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
PGRO vs. POGAX - Performance Comparison
Key characteristics
PGRO:
1.41
POGAX:
1.11
PGRO:
1.93
POGAX:
1.53
PGRO:
1.26
POGAX:
1.21
PGRO:
1.84
POGAX:
1.58
PGRO:
6.70
POGAX:
5.39
PGRO:
3.92%
POGAX:
3.95%
PGRO:
18.66%
POGAX:
19.18%
PGRO:
-34.73%
POGAX:
-76.55%
PGRO:
-0.83%
POGAX:
-2.13%
Returns By Period
In the year-to-date period, PGRO achieves a 3.15% return, which is significantly lower than POGAX's 3.77% return.
PGRO
3.15%
2.09%
13.53%
27.32%
N/A
N/A
POGAX
3.77%
2.49%
8.49%
22.29%
10.84%
11.90%
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PGRO vs. POGAX - Expense Ratio Comparison
PGRO has a 0.55% expense ratio, which is lower than POGAX's 0.99% expense ratio.
Risk-Adjusted Performance
PGRO vs. POGAX — Risk-Adjusted Performance Rank
PGRO
POGAX
PGRO vs. POGAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Putnam Focused Large Cap Growth ETF (PGRO) and Putnam Growth Opportunities Fund (POGAX). 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
PGRO vs. POGAX - Dividend Comparison
PGRO's dividend yield for the trailing twelve months is around 0.08%, while POGAX has not paid dividends to shareholders.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
PGRO Putnam Focused Large Cap Growth ETF | 0.08% | 0.09% | 0.19% | 0.12% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
POGAX Putnam Growth Opportunities Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.26% | 0.01% | 5.95% | 16.07% |
Drawdowns
PGRO vs. POGAX - Drawdown Comparison
The maximum PGRO drawdown since its inception was -34.73%, smaller than the maximum POGAX drawdown of -76.55%. Use the drawdown chart below to compare losses from any high point for PGRO and POGAX. For additional features, visit the drawdowns tool.
Volatility
PGRO vs. POGAX - Volatility Comparison
Putnam Focused Large Cap Growth ETF (PGRO) and Putnam Growth Opportunities Fund (POGAX) have volatilities of 5.52% and 5.63%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.