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.
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.
Performance
PGTYX vs. VGT - Performance Comparison
Key characteristics
PGTYX:
1.49
VGT:
1.55
PGTYX:
2.01
VGT:
2.05
PGTYX:
1.27
VGT:
1.28
PGTYX:
1.36
VGT:
2.18
PGTYX:
6.22
VGT:
7.80
PGTYX:
5.11%
VGT:
4.26%
PGTYX:
21.40%
VGT:
21.45%
PGTYX:
-52.31%
VGT:
-54.63%
PGTYX:
-4.05%
VGT:
-2.41%
Returns By Period
In the year-to-date period, PGTYX achieves a 29.44% return, which is significantly lower than VGT's 31.34% return. Over the past 10 years, PGTYX has underperformed VGT with an annualized return of 14.67%, while VGT has yielded a comparatively higher 20.77% annualized return.
PGTYX
29.44%
0.18%
2.71%
30.30%
12.78%
14.67%
VGT
31.34%
2.11%
9.77%
31.45%
22.00%
20.77%
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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.
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 has not paid dividends to shareholders, while VGT's dividend yield for the trailing twelve months is around 0.59%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PGTYX Putnam Global Technology Fund | 0.00% | 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 | 0.59% | 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 4.79%, while Vanguard Information Technology ETF (VGT) has a volatility of 5.62%. 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.