PLDR vs. PVAL
Compare and contrast key facts about Putnam Sustainable Leaders ETF (PLDR) and Putnam Focused Large Cap Value ETF (PVAL).
PLDR and PVAL 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. PVAL is a passively managed fund by Power Corporation of Canada that tracks the performance of the Russell 1000 Value. It was launched on May 25, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PLDR or PVAL.
Performance
PLDR vs. PVAL - Performance Comparison
Returns By Period
The year-to-date returns for both stocks are quite close, with PLDR having a 26.45% return and PVAL slightly lower at 25.81%.
PLDR
26.45%
-0.05%
9.82%
33.17%
N/A
N/A
PVAL
25.81%
2.64%
9.93%
33.59%
N/A
N/A
Key characteristics
| PLDR | PVAL | |
|---|---|---|
| Sharpe Ratio | 2.62 | 3.04 |
| Sortino Ratio | 3.48 | 4.14 |
| Omega Ratio | 1.48 | 1.54 |
| Calmar Ratio | 3.50 | 4.88 |
| Martin Ratio | 14.50 | 20.78 |
| Ulcer Index | 2.33% | 1.64% |
| Daily Std Dev | 12.93% | 11.23% |
| Max Drawdown | -29.57% | -16.64% |
| Current Drawdown | -0.29% | -0.43% |
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PLDR vs. PVAL - Expense Ratio Comparison
PLDR has a 0.59% expense ratio, which is higher than PVAL's 0.55% expense ratio.
Correlation
The correlation between PLDR and PVAL 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.
Risk-Adjusted Performance
PLDR vs. PVAL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Putnam Sustainable Leaders ETF (PLDR) and Putnam Focused Large Cap Value ETF (PVAL). 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. PVAL - Dividend Comparison
PLDR's dividend yield for the trailing twelve months is around 0.44%, less than PVAL's 1.41% yield.
| TTM | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
PLDR Putnam Sustainable Leaders ETF | 0.44% | 0.56% | 0.63% | 0.39% |
PVAL Putnam Focused Large Cap Value ETF | 1.41% | 1.33% | 0.59% | 0.47% |
Drawdowns
PLDR vs. PVAL - Drawdown Comparison
The maximum PLDR drawdown since its inception was -29.57%, which is greater than PVAL's maximum drawdown of -16.64%. Use the drawdown chart below to compare losses from any high point for PLDR and PVAL. For additional features, visit the drawdowns tool.
Volatility
PLDR vs. PVAL - Volatility Comparison
Putnam Sustainable Leaders ETF (PLDR) and Putnam Focused Large Cap Value ETF (PVAL) have volatilities of 3.84% and 3.86%, 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.