PINCX vs. BND
Compare and contrast key facts about Putnam Income Fund (PINCX) and Vanguard Total Bond Market ETF (BND).
PINCX is managed by Putnam. It was launched on Nov 1, 1954. BND is a passively managed fund by Vanguard that tracks the performance of the Barclays Capital U.S. Aggregate Bond Index. It was launched on Apr 3, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PINCX or BND.
Correlation
The correlation between PINCX and BND is -0.05. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
PINCX vs. BND - Performance Comparison
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Key characteristics
PINCX:
1.01
BND:
1.00
PINCX:
1.47
BND:
1.45
PINCX:
1.18
BND:
1.17
PINCX:
0.35
BND:
0.42
PINCX:
2.69
BND:
2.54
PINCX:
1.99%
BND:
2.07%
PINCX:
5.31%
BND:
5.30%
PINCX:
-30.53%
BND:
-18.84%
PINCX:
-10.29%
BND:
-7.35%
Returns By Period
In the year-to-date period, PINCX achieves a 1.99% return, which is significantly lower than BND's 2.21% return. Over the past 10 years, PINCX has underperformed BND with an annualized return of 0.99%, while BND has yielded a comparatively higher 1.51% annualized return.
PINCX
1.99%
1.21%
1.12%
5.55%
-0.82%
0.99%
BND
2.21%
0.98%
1.19%
5.53%
-0.78%
1.51%
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PINCX vs. BND - Expense Ratio Comparison
PINCX has a 0.73% expense ratio, which is higher than BND's 0.03% expense ratio.
Risk-Adjusted Performance
PINCX vs. BND — Risk-Adjusted Performance Rank
PINCX
BND
PINCX vs. BND - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Putnam Income Fund (PINCX) and Vanguard Total Bond Market ETF (BND). 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.
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Dividends
PINCX vs. BND - Dividend Comparison
PINCX's dividend yield for the trailing twelve months is around 8.98%, more than BND's 3.75% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
PINCX Putnam Income Fund | 8.98% | 9.12% | 7.35% | 7.70% | 3.70% | 2.35% | 3.33% | 3.57% | 3.46% | 3.21% | 3.03% | 4.21% |
BND Vanguard Total Bond Market ETF | 3.75% | 3.67% | 3.09% | 2.60% | 1.97% | 2.22% | 2.72% | 2.81% | 2.54% | 2.51% | 2.57% | 2.79% |
Drawdowns
PINCX vs. BND - Drawdown Comparison
The maximum PINCX drawdown since its inception was -30.53%, which is greater than BND's maximum drawdown of -18.84%. Use the drawdown chart below to compare losses from any high point for PINCX and BND. For additional features, visit the drawdowns tool.
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Volatility
PINCX vs. BND - Volatility Comparison
Putnam Income Fund (PINCX) and Vanguard Total Bond Market ETF (BND) have volatilities of 1.70% and 1.72%, 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.
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