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PLDR vs. FFLC
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between PLDR and FFLC is 0.86, 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.


-0.50.00.51.00.9

Performance

PLDR vs. FFLC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Putnam Sustainable Leaders ETF (PLDR) and Fidelity Fundamental Large Cap Core ETF (FFLC). The values are adjusted to include any dividend payments, if applicable.

20.00%30.00%40.00%50.00%60.00%70.00%JulyAugustSeptemberOctoberNovemberDecember
37.31%
64.35%
PLDR
FFLC

Key characteristics

Sharpe Ratio

PLDR:

2.00

FFLC:

2.26

Sortino Ratio

PLDR:

2.69

FFLC:

3.07

Omega Ratio

PLDR:

1.37

FFLC:

1.41

Calmar Ratio

PLDR:

2.73

FFLC:

3.38

Martin Ratio

PLDR:

10.99

FFLC:

15.49

Ulcer Index

PLDR:

2.41%

FFLC:

1.95%

Daily Std Dev

PLDR:

13.22%

FFLC:

13.37%

Max Drawdown

PLDR:

-29.57%

FFLC:

-15.86%

Current Drawdown

PLDR:

-4.36%

FFLC:

-3.84%

Returns By Period

In the year-to-date period, PLDR achieves a 24.61% return, which is significantly lower than FFLC's 28.29% return.


PLDR

YTD

24.61%

1M

-0.68%

6M

3.70%

1Y

25.24%

5Y*

N/A

10Y*

N/A

FFLC

YTD

28.29%

1M

-1.52%

6M

6.29%

1Y

28.78%

5Y*

N/A

10Y*

N/A

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PLDR vs. FFLC - Expense Ratio Comparison

PLDR has a 0.59% expense ratio, which is higher than FFLC's 0.38% expense ratio.


PLDR
Putnam Sustainable Leaders ETF
Expense ratio chart for PLDR: current value at 0.59% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.59%
Expense ratio chart for FFLC: current value at 0.38% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.38%

Risk-Adjusted Performance

PLDR vs. FFLC - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Putnam Sustainable Leaders ETF (PLDR) and Fidelity Fundamental Large Cap Core ETF (FFLC). 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.


Sharpe ratio
The chart of Sharpe ratio for PLDR, currently valued at 2.00, compared to the broader market0.002.004.002.002.26
The chart of Sortino ratio for PLDR, currently valued at 2.69, compared to the broader market-2.000.002.004.006.008.0010.002.693.07
The chart of Omega ratio for PLDR, currently valued at 1.37, compared to the broader market0.501.001.502.002.503.001.371.41
The chart of Calmar ratio for PLDR, currently valued at 2.73, compared to the broader market0.005.0010.0015.002.733.38
The chart of Martin ratio for PLDR, currently valued at 10.99, compared to the broader market0.0020.0040.0060.0080.00100.0010.9915.49
PLDR
FFLC

The current PLDR Sharpe Ratio is 2.00, which is comparable to the FFLC Sharpe Ratio of 2.26. The chart below compares the historical Sharpe Ratios of PLDR and FFLC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.502.002.503.003.504.00JulyAugustSeptemberOctoberNovemberDecember
2.00
2.26
PLDR
FFLC

Dividends

PLDR vs. FFLC - Dividend Comparison

PLDR's dividend yield for the trailing twelve months is around 0.38%, less than FFLC's 0.61% yield.


TTM2023202220212020
PLDR
Putnam Sustainable Leaders ETF
0.38%0.56%0.63%0.39%0.00%
FFLC
Fidelity Fundamental Large Cap Core ETF
0.61%0.57%1.67%1.68%0.89%

Drawdowns

PLDR vs. FFLC - Drawdown Comparison

The maximum PLDR drawdown since its inception was -29.57%, which is greater than FFLC's maximum drawdown of -15.86%. Use the drawdown chart below to compare losses from any high point for PLDR and FFLC. For additional features, visit the drawdowns tool.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-4.36%
-3.84%
PLDR
FFLC

Volatility

PLDR vs. FFLC - Volatility Comparison

Putnam Sustainable Leaders ETF (PLDR) has a higher volatility of 3.84% compared to Fidelity Fundamental Large Cap Core ETF (FFLC) at 3.60%. This indicates that PLDR's price experiences larger fluctuations and is considered to be riskier than FFLC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%JulyAugustSeptemberOctoberNovemberDecember
3.84%
3.60%
PLDR
FFLC
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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