PGTAX vs. PGOYX
Compare and contrast key facts about Putnam Global Technology Fund Class A (PGTAX) and Putnam Large Cap Growth Y (PGOYX).
PGTAX is a passively managed fund by Putnam that tracks the performance of the MSCI ACWI Information Technology Index (NR). It was launched on Dec 18, 2008. PGOYX is managed by Putnam. It was launched on Aug 27, 1999.
Performance
PGTAX vs. PGOYX - Performance Comparison
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PGTAX vs. PGOYX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PGTAX Putnam Global Technology Fund Class A | -3.86% | 23.03% | 27.57% | 53.42% | -32.46% | 11.44% | 70.50% | 47.20% | -6.96% | 46.70% |
PGOYX Putnam Large Cap Growth Y | -9.67% | 14.56% | 33.58% | 44.57% | -30.25% | 22.95% | 38.79% | 36.76% | 2.58% | 31.29% |
Returns By Period
In the year-to-date period, PGTAX achieves a -3.86% return, which is significantly higher than PGOYX's -9.67% return. Over the past 10 years, PGTAX has outperformed PGOYX with an annualized return of 21.07%, while PGOYX has yielded a comparatively lower 16.81% annualized return.
PGTAX
- 1D
- 4.59%
- 1M
- -5.01%
- YTD
- -3.86%
- 6M
- -4.20%
- 1Y
- 34.92%
- 3Y*
- 23.29%
- 5Y*
- 10.52%
- 10Y*
- 21.07%
PGOYX
- 1D
- 3.70%
- 1M
- -5.89%
- YTD
- -9.67%
- 6M
- -9.44%
- 1Y
- 14.92%
- 3Y*
- 20.52%
- 5Y*
- 11.05%
- 10Y*
- 16.81%
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PGTAX vs. PGOYX - Expense Ratio Comparison
PGTAX has a 1.04% expense ratio, which is higher than PGOYX's 0.65% expense ratio.
Return for Risk
PGTAX vs. PGOYX — Risk / Return Rank
PGTAX
PGOYX
PGTAX vs. PGOYX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Putnam Global Technology Fund Class A (PGTAX) and Putnam Large Cap Growth Y (PGOYX). 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.
| PGTAX | PGOYX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.29 | 0.71 | +0.58 |
Sortino ratioReturn per unit of downside risk | 1.89 | 1.18 | +0.70 |
Omega ratioGain probability vs. loss probability | 1.27 | 1.17 | +0.10 |
Calmar ratioReturn relative to maximum drawdown | 2.47 | 0.98 | +1.50 |
Martin ratioReturn relative to average drawdown | 7.80 | 3.34 | +4.46 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| PGTAX | PGOYX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.29 | 0.71 | +0.58 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.43 | 0.51 | -0.09 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.88 | 0.80 | +0.09 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.84 | 0.32 | +0.52 |
Correlation
The correlation between PGTAX and PGOYX is 0.92, 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.
Dividends
PGTAX vs. PGOYX - Dividend Comparison
PGTAX's dividend yield for the trailing twelve months is around 11.91%, more than PGOYX's 5.79% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PGTAX Putnam Global Technology Fund Class A | 11.91% | 11.45% | 6.71% | 0.38% | 1.52% | 22.04% | 14.04% | 2.49% | 9.37% | 6.91% | 0.83% | 4.64% |
PGOYX Putnam Large Cap Growth Y | 5.79% | 5.23% | 4.25% | 0.46% | 7.30% | 8.55% | 3.12% | 3.65% | 7.92% | 2.05% | 0.02% | 5.78% |
Drawdowns
PGTAX vs. PGOYX - Drawdown Comparison
The maximum PGTAX drawdown since its inception was -42.21%, smaller than the maximum PGOYX drawdown of -76.03%. Use the drawdown chart below to compare losses from any high point for PGTAX and PGOYX.
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Drawdown Indicators
| PGTAX | PGOYX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.21% | -76.03% | +33.82% |
Max Drawdown (1Y)Largest decline over 1 year | -14.52% | -16.34% | +1.82% |
Max Drawdown (5Y)Largest decline over 5 years | -42.21% | -34.01% | -8.20% |
Max Drawdown (10Y)Largest decline over 10 years | -42.21% | -34.01% | -8.20% |
Current DrawdownCurrent decline from peak | -9.71% | -13.24% | +3.53% |
Average DrawdownAverage peak-to-trough decline | -6.72% | -31.72% | +25.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.60% | 4.78% | -0.18% |
Volatility
PGTAX vs. PGOYX - Volatility Comparison
Putnam Global Technology Fund Class A (PGTAX) has a higher volatility of 9.39% compared to Putnam Large Cap Growth Y (PGOYX) at 6.88%. This indicates that PGTAX's price experiences larger fluctuations and is considered to be riskier than PGOYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PGTAX | PGOYX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.39% | 6.88% | +2.51% |
Volatility (6M)Calculated over the trailing 6-month period | 17.20% | 12.72% | +4.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.33% | 22.41% | +5.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.75% | 21.68% | +3.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.91% | 21.15% | +2.76% |