PLDR vs. FITLX
Compare and contrast key facts about Putnam Sustainable Leaders ETF (PLDR) and Fidelity US Sustainability Index Fund (FITLX).
PLDR is an actively managed fund by Power Corporation of Canada. It was launched on May 25, 2021. FITLX is managed by Fidelity. It was launched on May 9, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PLDR or FITLX.
Performance
PLDR vs. FITLX - Performance Comparison
Returns By Period
The year-to-date returns for both stocks are quite close, with PLDR having a 26.45% return and FITLX slightly lower at 26.16%.
PLDR
26.45%
-0.05%
9.82%
33.17%
N/A
N/A
FITLX
26.16%
2.41%
12.65%
32.37%
16.14%
N/A
Key characteristics
| PLDR | FITLX | |
|---|---|---|
| Sharpe Ratio | 2.62 | 2.43 |
| Sortino Ratio | 3.48 | 3.24 |
| Omega Ratio | 1.48 | 1.45 |
| Calmar Ratio | 3.50 | 3.45 |
| Martin Ratio | 14.50 | 14.57 |
| Ulcer Index | 2.33% | 2.25% |
| Daily Std Dev | 12.93% | 13.51% |
| Max Drawdown | -29.57% | -34.35% |
| Current Drawdown | -0.29% | -1.11% |
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PLDR vs. FITLX - Expense Ratio Comparison
PLDR has a 0.59% expense ratio, which is higher than FITLX's 0.11% expense ratio.
Correlation
The correlation between PLDR and FITLX is 0.97, 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
PLDR vs. FITLX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Putnam Sustainable Leaders ETF (PLDR) and Fidelity US Sustainability Index Fund (FITLX). 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
PLDR vs. FITLX - Dividend Comparison
PLDR's dividend yield for the trailing twelve months is around 0.44%, less than FITLX's 0.89% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
PLDR Putnam Sustainable Leaders ETF | 0.44% | 0.56% | 0.63% | 0.39% | 0.00% | 0.00% | 0.00% | 0.00% |
FITLX Fidelity US Sustainability Index Fund | 0.89% | 1.12% | 1.49% | 0.81% | 1.01% | 1.27% | 1.37% | 0.71% |
Drawdowns
PLDR vs. FITLX - Drawdown Comparison
The maximum PLDR drawdown since its inception was -29.57%, smaller than the maximum FITLX drawdown of -34.35%. Use the drawdown chart below to compare losses from any high point for PLDR and FITLX. For additional features, visit the drawdowns tool.
Volatility
PLDR vs. FITLX - Volatility Comparison
The current volatility for Putnam Sustainable Leaders ETF (PLDR) is 3.84%, while Fidelity US Sustainability Index Fund (FITLX) has a volatility of 4.40%. This indicates that PLDR experiences smaller price fluctuations and is considered to be less risky than FITLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.