PNGAX vs. FFLC
Compare and contrast key facts about Putnam International Value Fund (PNGAX) and Fidelity Fundamental Large Cap Core ETF (FFLC).
PNGAX is managed by Putnam. It was launched on Jul 31, 1996. FFLC is an actively managed fund by Fidelity. It was launched on Jun 2, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PNGAX or FFLC.
Key characteristics
| PNGAX | FFLC | |
|---|---|---|
| YTD Return | 7.25% | 30.43% |
| 1Y Return | 14.24% | 38.01% |
| 3Y Return (Ann) | 5.35% | 17.36% |
| Sharpe Ratio | 1.35 | 2.87 |
| Sortino Ratio | 1.90 | 3.90 |
| Omega Ratio | 1.24 | 1.52 |
| Calmar Ratio | 2.30 | 4.22 |
| Martin Ratio | 7.10 | 20.30 |
| Ulcer Index | 2.42% | 1.86% |
| Daily Std Dev | 12.73% | 13.14% |
| Max Drawdown | -62.85% | -15.86% |
| Current Drawdown | -6.77% | -1.68% |
Correlation
The correlation between PNGAX and FFLC is 0.74, 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
PNGAX vs. FFLC - Performance Comparison
In the year-to-date period, PNGAX achieves a 7.25% return, which is significantly lower than FFLC's 30.43% return. 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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PNGAX vs. FFLC - Expense Ratio Comparison
PNGAX has a 1.27% expense ratio, which is higher than FFLC's 0.38% expense ratio.
Risk-Adjusted Performance
PNGAX vs. FFLC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Putnam International Value Fund (PNGAX) and Fidelity Fundamental Large Cap Core ETF (FFLC). 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
PNGAX vs. FFLC - Dividend Comparison
PNGAX's dividend yield for the trailing twelve months is around 2.19%, more than FFLC's 0.68% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PNGAX Putnam International Value Fund | 2.19% | 2.35% | 1.63% | 1.16% | 1.59% | 2.21% | 2.31% | 1.11% | 2.23% | 1.09% | 2.01% | 2.66% |
FFLC Fidelity Fundamental Large Cap Core ETF | 0.68% | 0.57% | 1.67% | 1.68% | 0.89% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
PNGAX vs. FFLC - Drawdown Comparison
The maximum PNGAX drawdown since its inception was -62.85%, which is greater than FFLC's maximum drawdown of -15.86%. Use the drawdown chart below to compare losses from any high point for PNGAX and FFLC. For additional features, visit the drawdowns tool.
Volatility
PNGAX vs. FFLC - Volatility Comparison
The current volatility for Putnam International Value Fund (PNGAX) is 3.54%, while Fidelity Fundamental Large Cap Core ETF (FFLC) has a volatility of 4.00%. This indicates that PNGAX experiences smaller price fluctuations and is considered to be less risky than FFLC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.