PNOPX vs. POGAX
Compare and contrast key facts about Putnam Sustainable Leaders Fund (PNOPX) and Putnam Growth Opportunities Fund (POGAX).
PNOPX is managed by Putnam. It was launched on Aug 31, 1990. POGAX is managed by Putnam. It was launched on Oct 2, 1995.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PNOPX or POGAX.
Key characteristics
| PNOPX | POGAX | |
|---|---|---|
| YTD Return | 26.25% | 31.61% |
| 1Y Return | 32.92% | 40.34% |
| 3Y Return (Ann) | -0.67% | 3.70% |
| 5Y Return (Ann) | 7.61% | 13.19% |
| 10Y Return (Ann) | 8.00% | 12.76% |
| Sharpe Ratio | 2.45 | 2.31 |
| Sortino Ratio | 3.19 | 3.02 |
| Omega Ratio | 1.46 | 1.42 |
| Calmar Ratio | 1.23 | 1.85 |
| Martin Ratio | 14.22 | 11.47 |
| Ulcer Index | 2.31% | 3.51% |
| Daily Std Dev | 13.40% | 17.42% |
| Max Drawdown | -73.96% | -76.55% |
| Current Drawdown | -2.51% | 0.00% |
Correlation
The correlation between PNOPX and POGAX is 0.95, 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
PNOPX vs. POGAX - Performance Comparison
In the year-to-date period, PNOPX achieves a 26.25% return, which is significantly lower than POGAX's 31.61% return. Over the past 10 years, PNOPX has underperformed POGAX with an annualized return of 8.00%, while POGAX has yielded a comparatively higher 12.76% annualized 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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PNOPX vs. POGAX - Expense Ratio Comparison
Both PNOPX and POGAX have an expense ratio of 0.99%.
Risk-Adjusted Performance
PNOPX vs. POGAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Putnam Sustainable Leaders Fund (PNOPX) and Putnam Growth Opportunities Fund (POGAX). 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
PNOPX vs. POGAX - Dividend Comparison
PNOPX's dividend yield for the trailing twelve months is around 0.14%, while POGAX has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PNOPX Putnam Sustainable Leaders Fund | 0.14% | 0.18% | 0.00% | 0.48% | 0.30% | 0.33% | 0.06% | 0.50% | 0.00% | 13.21% | 13.23% | 0.22% |
POGAX Putnam Growth Opportunities Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.26% | 0.01% | 5.95% | 16.07% | 4.52% |
Drawdowns
PNOPX vs. POGAX - Drawdown Comparison
The maximum PNOPX drawdown since its inception was -73.96%, roughly equal to the maximum POGAX drawdown of -76.55%. Use the drawdown chart below to compare losses from any high point for PNOPX and POGAX. For additional features, visit the drawdowns tool.
Volatility
PNOPX vs. POGAX - Volatility Comparison
The current volatility for Putnam Sustainable Leaders Fund (PNOPX) is 3.56%, while Putnam Growth Opportunities Fund (POGAX) has a volatility of 4.98%. This indicates that PNOPX experiences smaller price fluctuations and is considered to be less risky than POGAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.