PLDR vs. QUAL
Compare and contrast key facts about Putnam Sustainable Leaders ETF (PLDR) and iShares Edge MSCI USA Quality Factor ETF (QUAL).
PLDR and QUAL 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. QUAL is a passively managed fund by iShares that tracks the performance of the MSCI USA Quality Index. It was launched on Jul 16, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PLDR or QUAL.
Key characteristics
| PLDR | QUAL | |
|---|---|---|
| YTD Return | 26.66% | 26.02% |
| 1Y Return | 37.72% | 35.29% |
| 3Y Return (Ann) | 7.32% | 9.63% |
| Sharpe Ratio | 2.90 | 2.79 |
| Sortino Ratio | 3.86 | 3.84 |
| Omega Ratio | 1.54 | 1.52 |
| Calmar Ratio | 3.44 | 4.59 |
| Martin Ratio | 16.15 | 17.58 |
| Ulcer Index | 2.33% | 1.99% |
| Daily Std Dev | 12.95% | 12.57% |
| Max Drawdown | -29.57% | -34.06% |
| Current Drawdown | -0.11% | -0.19% |
Correlation
The correlation between PLDR and QUAL is 0.96, 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. QUAL - Performance Comparison
The year-to-date returns for both stocks are quite close, with PLDR having a 26.66% return and QUAL slightly lower at 26.02%. 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. QUAL - Expense Ratio Comparison
PLDR has a 0.59% expense ratio, which is higher than QUAL's 0.15% expense ratio.
Risk-Adjusted Performance
PLDR vs. QUAL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Putnam Sustainable Leaders ETF (PLDR) and iShares Edge MSCI USA Quality Factor ETF (QUAL). 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. QUAL - Dividend Comparison
PLDR's dividend yield for the trailing twelve months is around 0.44%, less than QUAL's 0.98% 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% |
QUAL iShares Edge MSCI USA Quality Factor ETF | 0.98% | 1.23% | 1.59% | 1.20% | 1.39% | 1.60% | 2.00% | 1.76% | 1.96% | 1.63% | 1.35% | 0.63% |
Drawdowns
PLDR vs. QUAL - Drawdown Comparison
The maximum PLDR drawdown since its inception was -29.57%, smaller than the maximum QUAL drawdown of -34.06%. Use the drawdown chart below to compare losses from any high point for PLDR and QUAL. For additional features, visit the drawdowns tool.
Volatility
PLDR vs. QUAL - Volatility Comparison
Putnam Sustainable Leaders ETF (PLDR) and iShares Edge MSCI USA Quality Factor ETF (QUAL) have volatilities of 3.65% and 3.63%, 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.