PGTYX vs. VGT
Compare and contrast key facts about Putnam Global Technology Fund (PGTYX) and Vanguard Information Technology ETF (VGT).
PGTYX is managed by Putnam. It was launched on Dec 17, 2008. 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: PGTYX or VGT.
Performance
PGTYX vs. VGT - Performance Comparison
Returns By Period
In the year-to-date period, PGTYX achieves a 30.20% return, which is significantly higher than VGT's 28.63% return. Over the past 10 years, PGTYX has underperformed VGT with an annualized return of 14.12%, while VGT has yielded a comparatively higher 20.73% annualized return.
PGTYX
30.20%
-0.81%
11.71%
34.71%
14.27%
14.12%
VGT
28.63%
2.11%
15.02%
35.48%
22.76%
20.73%
Key characteristics
| PGTYX | VGT | |
|---|---|---|
| Sharpe Ratio | 1.68 | 1.71 |
| Sortino Ratio | 2.24 | 2.24 |
| Omega Ratio | 1.30 | 1.31 |
| Calmar Ratio | 1.51 | 2.36 |
| Martin Ratio | 7.01 | 8.49 |
| Ulcer Index | 5.06% | 4.24% |
| Daily Std Dev | 21.08% | 20.98% |
| Max Drawdown | -52.31% | -54.63% |
| Current Drawdown | -2.45% | -1.01% |
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PGTYX vs. VGT - Expense Ratio Comparison
PGTYX has a 0.62% expense ratio, which is higher than VGT's 0.10% expense ratio.
Correlation
The correlation between PGTYX and VGT is 0.93, 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.
Risk-Adjusted Performance
PGTYX vs. VGT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Putnam Global Technology Fund (PGTYX) 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
PGTYX vs. VGT - Dividend Comparison
PGTYX's dividend yield for the trailing twelve months is around 0.44%, less than VGT's 0.60% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PGTYX Putnam Global Technology Fund | 0.44% | 0.57% | 1.71% | 0.00% | 0.00% | 0.58% | 0.49% | 0.00% | 0.83% | 0.00% | 5.14% | 0.00% |
VGT Vanguard Information Technology ETF | 0.60% | 0.65% | 0.91% | 0.64% | 0.82% | 1.11% | 1.29% | 0.99% | 1.31% | 1.28% | 1.12% | 1.05% |
Drawdowns
PGTYX vs. VGT - Drawdown Comparison
The maximum PGTYX drawdown since its inception was -52.31%, roughly equal to the maximum VGT drawdown of -54.63%. Use the drawdown chart below to compare losses from any high point for PGTYX and VGT. For additional features, visit the drawdowns tool.
Volatility
PGTYX vs. VGT - Volatility Comparison
The current volatility for Putnam Global Technology Fund (PGTYX) is 5.86%, while Vanguard Information Technology ETF (VGT) has a volatility of 6.47%. This indicates that PGTYX 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.