PMYYX vs. SPY
Compare and contrast key facts about Putnam Multi-Cap Core Fund (PMYYX) and SPDR S&P 500 ETF (SPY).
PMYYX is managed by Putnam. It was launched on Sep 24, 2010. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PMYYX or SPY.
Performance
PMYYX vs. SPY - Performance Comparison
Returns By Period
In the year-to-date period, PMYYX achieves a 27.95% return, which is significantly higher than SPY's 26.08% return. Over the past 10 years, PMYYX has underperformed SPY with an annualized return of 11.05%, while SPY has yielded a comparatively higher 13.10% annualized return.
PMYYX
27.95%
1.88%
14.09%
31.76%
12.74%
11.05%
SPY
26.08%
1.77%
13.59%
32.24%
15.62%
13.10%
Key characteristics
| PMYYX | SPY | |
|---|---|---|
| Sharpe Ratio | 2.64 | 2.70 |
| Sortino Ratio | 3.49 | 3.60 |
| Omega Ratio | 1.49 | 1.50 |
| Calmar Ratio | 3.05 | 3.90 |
| Martin Ratio | 17.24 | 17.52 |
| Ulcer Index | 1.88% | 1.87% |
| Daily Std Dev | 12.30% | 12.14% |
| Max Drawdown | -35.25% | -55.19% |
| Current Drawdown | -1.28% | -0.85% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PMYYX vs. SPY - Expense Ratio Comparison
PMYYX has a 0.71% expense ratio, which is higher than SPY's 0.09% expense ratio.
Correlation
The correlation between PMYYX and SPY is 0.97, 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
PMYYX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Putnam Multi-Cap Core Fund (PMYYX) and SPDR S&P 500 ETF (SPY). 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
PMYYX vs. SPY - Dividend Comparison
PMYYX's dividend yield for the trailing twelve months is around 0.75%, less than SPY's 1.18% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PMYYX Putnam Multi-Cap Core Fund | 0.75% | 0.95% | 0.32% | 0.99% | 1.07% | 1.74% | 0.00% | 1.44% | 1.21% | 2.29% | 2.15% | 10.12% |
SPY SPDR S&P 500 ETF | 1.18% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
PMYYX vs. SPY - Drawdown Comparison
The maximum PMYYX drawdown since its inception was -35.25%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for PMYYX and SPY. For additional features, visit the drawdowns tool.
Volatility
PMYYX vs. SPY - Volatility Comparison
Putnam Multi-Cap Core Fund (PMYYX) has a higher volatility of 4.19% compared to SPDR S&P 500 ETF (SPY) at 3.98%. This indicates that PMYYX's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.