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PNGAX vs. PGTYX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

PNGAX vs. PGTYX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Putnam International Value Fund (PNGAX) and Putnam Global Technology Fund (PGTYX). The values are adjusted to include any dividend payments, if applicable.

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PNGAX vs. PGTYX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
PNGAX
Putnam International Value Fund
2.61%34.66%5.86%18.50%-6.85%14.24%4.19%19.96%-18.02%24.09%
PGTYX
Putnam Global Technology Fund
-3.79%23.31%27.88%53.82%-32.30%11.72%70.92%47.50%-6.72%47.05%

Returns By Period

In the year-to-date period, PNGAX achieves a 2.61% return, which is significantly higher than PGTYX's -3.79% return. Over the past 10 years, PNGAX has underperformed PGTYX with an annualized return of 9.38%, while PGTYX has yielded a comparatively higher 21.36% annualized return.


PNGAX

1D
2.67%
1M
-4.78%
YTD
2.61%
6M
5.73%
1Y
23.99%
3Y*
17.29%
5Y*
10.93%
10Y*
9.38%

PGTYX

1D
4.59%
1M
-4.99%
YTD
-3.79%
6M
-4.08%
1Y
35.25%
3Y*
23.60%
5Y*
10.79%
10Y*
21.36%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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PNGAX vs. PGTYX - Expense Ratio Comparison

PNGAX has a 1.27% expense ratio, which is higher than PGTYX's 0.62% expense ratio.


Return for Risk

PNGAX vs. PGTYX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PNGAX
PNGAX Risk / Return Rank: 7676
Overall Rank
PNGAX Sharpe Ratio Rank: 7878
Sharpe Ratio Rank
PNGAX Sortino Ratio Rank: 7474
Sortino Ratio Rank
PNGAX Omega Ratio Rank: 7474
Omega Ratio Rank
PNGAX Calmar Ratio Rank: 8080
Calmar Ratio Rank
PNGAX Martin Ratio Rank: 7575
Martin Ratio Rank

PGTYX
PGTYX Risk / Return Rank: 7777
Overall Rank
PGTYX Sharpe Ratio Rank: 7272
Sharpe Ratio Rank
PGTYX Sortino Ratio Rank: 7474
Sortino Ratio Rank
PGTYX Omega Ratio Rank: 6969
Omega Ratio Rank
PGTYX Calmar Ratio Rank: 8989
Calmar Ratio Rank
PGTYX Martin Ratio Rank: 7979
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PNGAX vs. PGTYX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Putnam International Value Fund (PNGAX) and Putnam Global Technology Fund (PGTYX). 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.


PNGAXPGTYXDifference

Sharpe ratio

Return per unit of total volatility

1.47

1.31

+0.16

Sortino ratio

Return per unit of downside risk

1.95

1.90

+0.05

Omega ratio

Gain probability vs. loss probability

1.29

1.27

+0.03

Calmar ratio

Return relative to maximum drawdown

2.06

2.50

-0.44

Martin ratio

Return relative to average drawdown

7.77

7.91

-0.15

PNGAX vs. PGTYX - Sharpe Ratio Comparison

The current PNGAX Sharpe Ratio is 1.47, which is comparable to the PGTYX Sharpe Ratio of 1.31. The chart below compares the historical Sharpe Ratios of PNGAX and PGTYX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


PNGAXPGTYXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.47

1.31

+0.16

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.70

0.44

+0.26

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.55

0.90

-0.34

Sharpe Ratio (All Time)

Calculated using the full available price history

0.34

0.85

-0.51

Correlation

The correlation between PNGAX and PGTYX is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Dividends

PNGAX vs. PGTYX - Dividend Comparison

PNGAX's dividend yield for the trailing twelve months is around 2.89%, less than PGTYX's 11.26% yield.


TTM20252024202320222021202020192018201720162015
PNGAX
Putnam International Value Fund
2.89%2.97%3.89%2.35%1.63%5.70%1.84%3.91%4.34%1.11%2.23%1.09%
PGTYX
Putnam Global Technology Fund
11.26%10.83%6.40%0.57%1.71%21.15%13.60%2.63%9.44%6.75%1.01%4.56%

Drawdowns

PNGAX vs. PGTYX - Drawdown Comparison

The maximum PNGAX drawdown since its inception was -64.78%, which is greater than PGTYX's maximum drawdown of -42.09%. Use the drawdown chart below to compare losses from any high point for PNGAX and PGTYX.


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Drawdown Indicators


PNGAXPGTYXDifference

Max Drawdown

Largest peak-to-trough decline

-64.78%

-42.09%

-22.69%

Max Drawdown (1Y)

Largest decline over 1 year

-11.13%

-14.51%

+3.38%

Max Drawdown (5Y)

Largest decline over 5 years

-27.37%

-42.09%

+14.72%

Max Drawdown (10Y)

Largest decline over 10 years

-41.58%

-42.09%

+0.51%

Current Drawdown

Current decline from peak

-6.94%

-9.61%

+2.67%

Average Drawdown

Average peak-to-trough decline

-15.89%

-6.66%

-9.23%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.95%

4.58%

-1.63%

Volatility

PNGAX vs. PGTYX - Volatility Comparison

The current volatility for Putnam International Value Fund (PNGAX) is 7.24%, while Putnam Global Technology Fund (PGTYX) has a volatility of 9.40%. This indicates that PNGAX experiences smaller price fluctuations and is considered to be less risky than PGTYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


PNGAXPGTYXDifference

Volatility (1M)

Calculated over the trailing 1-month period

7.24%

9.40%

-2.16%

Volatility (6M)

Calculated over the trailing 6-month period

10.72%

17.20%

-6.48%

Volatility (1Y)

Calculated over the trailing 1-year period

16.49%

28.33%

-11.84%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

15.66%

24.75%

-9.09%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.04%

23.91%

-6.87%