PGTYX vs. LCSIX
PGTYX (Putnam Global Technology Fund) and LCSIX (LoCorr Long/Short Commodity Strategies Fund) are both mutual funds - PGTYX is a Technology Equities fund managed by Putnam, while LCSIX is a Systematic Trend fund managed by LoCorr. Over the past 10 years, PGTYX returned 23.63%/yr vs 2.51%/yr for LCSIX. Their -0.03 correlation means they have often moved in opposite directions in the past. PGTYX charges 0.62%/yr vs 1.75%/yr for LCSIX.
Performance
PGTYX vs. LCSIX - Performance Comparison
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Returns By Period
In the year-to-date period, PGTYX achieves a 24.87% return, which is significantly higher than LCSIX's 0.93% return. Over the past 10 years, PGTYX has outperformed LCSIX with an annualized return of 23.63%, while LCSIX has yielded a comparatively lower 2.51% annualized return.
PGTYX
- 1D
- 5.46%
- 1M
- -4.06%
- 6M
- 23.41%
- YTD
- 24.87%
- 1Y
- 39.74%
- 3Y*
- 28.57%
- 5Y*
- 15.58%
- 10Y*
- 23.63%
- ALL TIME*
- 20.24%
LCSIX
- 1D
- 0.12%
- 1M
- -0.23%
- 6M
- -3.87%
- YTD
- 0.93%
- 1Y
- 0.01%
- 3Y*
- -2.29%
- 5Y*
- 0.34%
- 10Y*
- 2.51%
- ALL TIME*
- 3.17%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
PGTYX vs. LCSIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PGTYX Putnam Global Technology Fund | 24.87% | 23.31% | 27.88% | 53.82% | -32.30% | 11.72% | 70.92% | 47.50% | -6.72% | 47.05% |
LCSIX LoCorr Long/Short Commodity Strategies Fund | 0.93% | 1.13% | -8.29% | -3.07% | 6.04% | 14.90% | 9.90% | -5.97% | 15.16% | 6.19% |
Correlation
The correlation between PGTYX and LCSIX is 0.18, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.18 |
Correlation (3Y) Balances recent behavior with more history. | 0.09 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.07 |
Correlation (10Y) Provides a long-term view across more market conditions. | -0.01 |
Correlation (All Time) Calculated using the full available price history since Jan 17, 2012 | -0.03 |
The correlation between PGTYX and LCSIX shifts across timeframes, from -0.03 (all time) to 0.18 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
PGTYX vs. LCSIX — Risk / Return Rank
PGTYX
LCSIX
PGTYX vs. LCSIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Putnam Global Technology Fund (PGTYX) and LoCorr Long/Short Commodity Strategies Fund (LCSIX). 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.
| PGTYX | LCSIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.48 | ||
| Sortino ratioReturn per unit of downside risk | +2.00 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 0.98 | +0.26 |
| Calmar ratioReturn relative to maximum drawdown | 2.00 | -0.18 | +2.18 |
| Martin ratioReturn relative to average drawdown | 6.28 | -0.38 | +6.66 |
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Drawdowns
PGTYX vs. LCSIX - Drawdown Comparison
The maximum PGTYX drawdown since its inception was -42.09%, which is greater than LCSIX's maximum drawdown of -25.13%. Use the drawdown chart below to compare losses from any high point for PGTYX and LCSIX.
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Drawdown Indicators
| PGTYX | LCSIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.09% | -25.13% | -16.96% |
Max Drawdown (1Y)Largest decline over 1 year | -17.94% | -4.97% | -12.97% |
Max Drawdown (3Y)Largest decline over 3 years | -28.36% | -11.60% | -16.76% |
Max Drawdown (5Y)Largest decline over 5 years | -42.09% | -13.21% | -28.88% |
Max Drawdown (10Y)Largest decline over 10 years | -42.09% | -13.21% | -28.88% |
Current DrawdownCurrent decline from peak | -13.46% | -10.39% | -3.07% |
Average DrawdownAverage peak-to-trough decline | -6.63% | -6.41% | -0.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.70% | 2.33% | +3.37% |
Volatility
PGTYX vs. LCSIX - Volatility Comparison
Putnam Global Technology Fund (PGTYX) has a higher volatility of 10.48% compared to LoCorr Long/Short Commodity Strategies Fund (LCSIX) at 1.92%. This indicates that PGTYX's price experiences larger fluctuations and is considered to be riskier than LCSIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PGTYX | LCSIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.48% | 1.92% | +8.56% |
Volatility (6M)Calculated over the trailing 6-month period | 23.11% | 4.27% | +18.84% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.81% | 6.06% | +20.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.89% | 5.54% | +20.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.53% | 6.66% | +17.87% |
PGTYX vs. LCSIX - Expense Ratio Comparison
PGTYX has a 0.62% expense ratio, which is lower than LCSIX's 1.75% expense ratio.
Dividends
PGTYX vs. LCSIX - Dividend Comparison
PGTYX's dividend yield for the trailing twelve months is around 8.67%, more than LCSIX's 2.30% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LCSIX LoCorr Long/Short Commodity Strategies Fund | 2.30% | 2.32% | 2.75% | 1.88% | 10.75% | 7.14% | 2.94% | 0.54% | 12.36% | 0.02% | 3.21% | 7.36% |
PGTYX Putnam Global Technology Fund | 8.67% | 10.83% | 6.40% | 0.57% | 1.71% | 21.15% | 13.60% | 2.63% | 9.44% | 6.75% | 1.01% | 4.56% |
Frequently Asked Questions
PGTYX and LCSIX have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PGTYX has higher volatility (10.48%) compared to LCSIX (1.92%). In terms of maximum drawdown, PGTYX dropped -42.09% vs LCSIX's -25.13%.
PGTYX currently has the higher Sharpe Ratio (1.34 vs -0.15), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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