PMVAX vs. SMCWX
Compare and contrast key facts about Putnam Sustainable Future Fund (PMVAX) and American Funds SMALLCAP World Fund Class A (SMCWX).
PMVAX is managed by Putnam. It was launched on Nov 1, 1999. SMCWX is managed by American Funds. It was launched on Apr 30, 1990.
Performance
PMVAX vs. SMCWX - Performance Comparison
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PMVAX vs. SMCWX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PMVAX Putnam Sustainable Future Fund | -8.08% | 2.64% | 14.87% | 28.60% | -33.93% | 5.99% | 52.93% | 29.77% | -7.08% | 10.61% |
SMCWX American Funds SMALLCAP World Fund Class A | -1.05% | 14.07% | 2.33% | 18.86% | -29.90% | 10.14% | 37.46% | 30.79% | -9.75% | 26.85% |
Returns By Period
In the year-to-date period, PMVAX achieves a -8.08% return, which is significantly lower than SMCWX's -1.05% return. Over the past 10 years, PMVAX has underperformed SMCWX with an annualized return of 8.17%, while SMCWX has yielded a comparatively higher 9.04% annualized return.
PMVAX
- 1D
- 3.00%
- 1M
- -5.93%
- YTD
- -8.08%
- 6M
- -9.98%
- 1Y
- 4.97%
- 3Y*
- 8.66%
- 5Y*
- -1.23%
- 10Y*
- 8.17%
SMCWX
- 1D
- 3.47%
- 1M
- -7.83%
- YTD
- -1.05%
- 6M
- 1.11%
- 1Y
- 20.45%
- 3Y*
- 8.86%
- 5Y*
- 0.17%
- 10Y*
- 9.04%
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PMVAX vs. SMCWX - Expense Ratio Comparison
PMVAX has a 1.00% expense ratio, which is lower than SMCWX's 1.02% expense ratio.
Return for Risk
PMVAX vs. SMCWX — Risk / Return Rank
PMVAX
SMCWX
PMVAX vs. SMCWX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Putnam Sustainable Future Fund (PMVAX) and American Funds SMALLCAP World Fund Class A (SMCWX). 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.
| PMVAX | SMCWX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.27 | 1.17 | -0.90 |
Sortino ratioReturn per unit of downside risk | 0.54 | 1.72 | -1.18 |
Omega ratioGain probability vs. loss probability | 1.07 | 1.23 | -0.16 |
Calmar ratioReturn relative to maximum drawdown | 0.37 | 1.66 | -1.29 |
Martin ratioReturn relative to average drawdown | 1.14 | 6.37 | -5.23 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| PMVAX | SMCWX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.27 | 1.17 | -0.90 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.06 | 0.01 | -0.07 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.40 | 0.51 | -0.11 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.42 | 0.57 | -0.15 |
Correlation
The correlation between PMVAX and SMCWX is 0.85, 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.
Dividends
PMVAX vs. SMCWX - Dividend Comparison
PMVAX's dividend yield for the trailing twelve months is around 15.49%, more than SMCWX's 4.90% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PMVAX Putnam Sustainable Future Fund | 15.49% | 14.24% | 12.53% | 0.00% | 0.00% | 16.32% | 10.06% | 2.67% | 31.09% | 4.49% | 2.25% | 8.33% |
SMCWX American Funds SMALLCAP World Fund Class A | 4.90% | 4.84% | 0.60% | 0.64% | 0.00% | 9.24% | 1.60% | 4.24% | 7.06% | 4.48% | 0.35% | 6.49% |
Drawdowns
PMVAX vs. SMCWX - Drawdown Comparison
The maximum PMVAX drawdown since its inception was -61.94%, roughly equal to the maximum SMCWX drawdown of -62.46%. Use the drawdown chart below to compare losses from any high point for PMVAX and SMCWX.
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Drawdown Indicators
| PMVAX | SMCWX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.94% | -62.46% | +0.52% |
Max Drawdown (1Y)Largest decline over 1 year | -14.96% | -11.83% | -3.13% |
Max Drawdown (5Y)Largest decline over 5 years | -44.20% | -39.79% | -4.41% |
Max Drawdown (10Y)Largest decline over 10 years | -44.20% | -39.79% | -4.41% |
Current DrawdownCurrent decline from peak | -18.10% | -10.12% | -7.98% |
Average DrawdownAverage peak-to-trough decline | -11.00% | -14.98% | +3.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.83% | 3.08% | +1.75% |
Volatility
PMVAX vs. SMCWX - Volatility Comparison
The current volatility for Putnam Sustainable Future Fund (PMVAX) is 6.53%, while American Funds SMALLCAP World Fund Class A (SMCWX) has a volatility of 7.62%. This indicates that PMVAX experiences smaller price fluctuations and is considered to be less risky than SMCWX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PMVAX | SMCWX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.53% | 7.62% | -1.09% |
Volatility (6M)Calculated over the trailing 6-month period | 12.39% | 11.82% | +0.57% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.90% | 17.93% | +3.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.26% | 18.05% | +3.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.40% | 17.76% | +2.64% |