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PINCX vs. BND
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

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

The chart below illustrates the hypothetical performance of a $10,000 investment in Putnam Income Fund (PINCX) and Vanguard Total Bond Market ETF (BND). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

PINCX:

1.01

BND:

1.00

Sortino Ratio

PINCX:

1.47

BND:

1.45

Omega Ratio

PINCX:

1.18

BND:

1.17

Calmar Ratio

PINCX:

0.35

BND:

0.42

Martin Ratio

PINCX:

2.69

BND:

2.54

Ulcer Index

PINCX:

1.99%

BND:

2.07%

Daily Std Dev

PINCX:

5.31%

BND:

5.30%

Max Drawdown

PINCX:

-30.53%

BND:

-18.84%

Current Drawdown

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

YTD

1.99%

1M

1.21%

6M

1.12%

1Y

5.55%

5Y*

-0.82%

10Y*

0.99%

BND

YTD

2.21%

1M

0.98%

6M

1.19%

1Y

5.53%

5Y*

-0.78%

10Y*

1.51%

*Annualized

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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

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PINCX
The Risk-Adjusted Performance Rank of PINCX is 7373
Overall Rank
The Sharpe Ratio Rank of PINCX is 8282
Sharpe Ratio Rank
The Sortino Ratio Rank of PINCX is 8181
Sortino Ratio Rank
The Omega Ratio Rank of PINCX is 7878
Omega Ratio Rank
The Calmar Ratio Rank of PINCX is 5252
Calmar Ratio Rank
The Martin Ratio Rank of PINCX is 7272
Martin Ratio Rank

BND
The Risk-Adjusted Performance Rank of BND is 7373
Overall Rank
The Sharpe Ratio Rank of BND is 8383
Sharpe Ratio Rank
The Sortino Ratio Rank of BND is 8282
Sortino Ratio Rank
The Omega Ratio Rank of BND is 7777
Omega Ratio Rank
The Calmar Ratio Rank of BND is 5555
Calmar Ratio Rank
The Martin Ratio Rank of BND is 7070
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


The current PINCX Sharpe Ratio is 1.01, which is comparable to the BND Sharpe Ratio of 1.00. The chart below compares the historical Sharpe Ratios of PINCX and BND, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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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.


TTM20242023202220212020201920182017201620152014
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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