PLDR vs. IVE
Compare and contrast key facts about Putnam Sustainable Leaders ETF (PLDR) and iShares S&P 500 Value ETF (IVE).
PLDR and IVE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PLDR is an actively managed fund by Power Corporation of Canada. It was launched on May 25, 2021. IVE is a passively managed fund by iShares that tracks the performance of the S&P 500 Value Index. It was launched on May 22, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PLDR or IVE.
Key characteristics
| PLDR | IVE | |
|---|---|---|
| YTD Return | 26.66% | 17.37% |
| 1Y Return | 37.72% | 29.94% |
| 3Y Return (Ann) | 7.32% | 11.44% |
| Sharpe Ratio | 2.90 | 2.94 |
| Sortino Ratio | 3.86 | 4.16 |
| Omega Ratio | 1.54 | 1.54 |
| Calmar Ratio | 3.44 | 5.42 |
| Martin Ratio | 16.15 | 17.48 |
| Ulcer Index | 2.33% | 1.70% |
| Daily Std Dev | 12.95% | 10.10% |
| Max Drawdown | -29.57% | -61.32% |
| Current Drawdown | -0.11% | -0.76% |
Correlation
The correlation between PLDR and IVE is 0.81, 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
PLDR vs. IVE - Performance Comparison
In the year-to-date period, PLDR achieves a 26.66% return, which is significantly higher than IVE's 17.37% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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PLDR vs. IVE - Expense Ratio Comparison
PLDR has a 0.59% expense ratio, which is higher than IVE's 0.18% expense ratio.
Risk-Adjusted Performance
PLDR vs. IVE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Putnam Sustainable Leaders ETF (PLDR) and iShares S&P 500 Value ETF (IVE). 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. IVE - Dividend Comparison
PLDR's dividend yield for the trailing twelve months is around 0.44%, less than IVE's 1.80% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PLDR Putnam Sustainable Leaders ETF | 0.44% | 0.56% | 0.63% | 0.39% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IVE iShares S&P 500 Value ETF | 1.80% | 1.65% | 2.10% | 1.81% | 2.37% | 2.11% | 2.74% | 2.12% | 2.26% | 2.45% | 2.14% | 2.04% |
Drawdowns
PLDR vs. IVE - Drawdown Comparison
The maximum PLDR drawdown since its inception was -29.57%, smaller than the maximum IVE drawdown of -61.32%. Use the drawdown chart below to compare losses from any high point for PLDR and IVE. For additional features, visit the drawdowns tool.
Volatility
PLDR vs. IVE - Volatility Comparison
Putnam Sustainable Leaders ETF (PLDR) has a higher volatility of 3.65% compared to iShares S&P 500 Value ETF (IVE) at 3.45%. This indicates that PLDR's price experiences larger fluctuations and is considered to be riskier than IVE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.