PMOTX vs. SGOV
Compare and contrast key facts about Putnam Mortgage Opportunities Fund (PMOTX) and iShares 0-3 Month Treasury Bond ETF (SGOV).
PMOTX is managed by Putnam. It was launched on Apr 6, 2015. SGOV is a passively managed fund by iShares that tracks the performance of the ICE 0-3 Month US Treasury Bill Index. It was launched on May 26, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PMOTX or SGOV.
Correlation
The correlation between PMOTX and SGOV is 0.08, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
PMOTX vs. SGOV - Performance Comparison
Key characteristics
PMOTX:
2.28
SGOV:
21.61
PMOTX:
3.51
SGOV:
490.28
PMOTX:
1.56
SGOV:
491.28
PMOTX:
5.43
SGOV:
502.33
PMOTX:
13.87
SGOV:
7,974.31
PMOTX:
0.52%
SGOV:
0.00%
PMOTX:
3.16%
SGOV:
0.23%
PMOTX:
-17.86%
SGOV:
-0.03%
PMOTX:
-1.00%
SGOV:
0.00%
Returns By Period
In the year-to-date period, PMOTX achieves a 1.86% return, which is significantly higher than SGOV's 1.27% return.
PMOTX
1.86%
-0.22%
5.33%
7.09%
6.52%
N/A
SGOV
1.27%
0.38%
2.25%
4.96%
N/A
N/A
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PMOTX vs. SGOV - Expense Ratio Comparison
PMOTX has a 0.47% expense ratio, which is higher than SGOV's 0.03% expense ratio.
Risk-Adjusted Performance
PMOTX vs. SGOV — Risk-Adjusted Performance Rank
PMOTX
SGOV
PMOTX vs. SGOV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Putnam Mortgage Opportunities Fund (PMOTX) and iShares 0-3 Month Treasury Bond ETF (SGOV). 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
PMOTX vs. SGOV - Dividend Comparison
PMOTX's dividend yield for the trailing twelve months is around 6.49%, more than SGOV's 4.79% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
PMOTX Putnam Mortgage Opportunities Fund | 5.96% | 6.64% | 8.15% | 5.59% | 6.73% | 3.64% | 6.83% | 5.94% | 0.68% | 2.91% |
SGOV iShares 0-3 Month Treasury Bond ETF | 4.79% | 5.10% | 4.87% | 1.45% | 0.03% | 0.05% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
PMOTX vs. SGOV - Drawdown Comparison
The maximum PMOTX drawdown since its inception was -17.86%, which is greater than SGOV's maximum drawdown of -0.03%. Use the drawdown chart below to compare losses from any high point for PMOTX and SGOV. For additional features, visit the drawdowns tool.
Volatility
PMOTX vs. SGOV - Volatility Comparison
Putnam Mortgage Opportunities Fund (PMOTX) has a higher volatility of 1.28% compared to iShares 0-3 Month Treasury Bond ETF (SGOV) at 0.06%. This indicates that PMOTX's price experiences larger fluctuations and is considered to be riskier than SGOV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.