PNOPX vs. VOO
Compare and contrast key facts about Putnam Sustainable Leaders Fund (PNOPX) and Vanguard S&P 500 ETF (VOO).
PNOPX is managed by Putnam. It was launched on Aug 31, 1990. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PNOPX or VOO.
Correlation
The correlation between PNOPX and VOO 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. VOO - Performance Comparison
Key characteristics
PNOPX:
2.02
VOO:
2.22
PNOPX:
2.69
VOO:
2.95
PNOPX:
1.37
VOO:
1.42
PNOPX:
1.11
VOO:
3.27
PNOPX:
11.33
VOO:
14.57
PNOPX:
2.38%
VOO:
1.90%
PNOPX:
13.31%
VOO:
12.47%
PNOPX:
-73.96%
VOO:
-33.99%
PNOPX:
-2.75%
VOO:
-1.77%
Returns By Period
The year-to-date returns for both investments are quite close, with PNOPX having a 26.33% return and VOO slightly higher at 26.92%. Over the past 10 years, PNOPX has underperformed VOO with an annualized return of 7.56%, while VOO has yielded a comparatively higher 13.12% annualized return.
PNOPX
26.33%
-0.40%
5.50%
26.92%
7.88%
7.56%
VOO
26.92%
0.27%
10.43%
27.36%
14.95%
13.12%
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PNOPX vs. VOO - Expense Ratio Comparison
PNOPX has a 0.99% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
PNOPX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Putnam Sustainable Leaders Fund (PNOPX) and Vanguard S&P 500 ETF (VOO). 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. VOO - Dividend Comparison
PNOPX's dividend yield for the trailing twelve months is around 9.01%, more than VOO's 1.23% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PNOPX Putnam Sustainable Leaders Fund | 9.01% | 0.18% | 0.00% | 0.48% | 0.30% | 0.33% | 0.06% | 0.50% | 0.00% | 13.21% | 13.23% | 0.22% |
VOO Vanguard S&P 500 ETF | 1.23% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
PNOPX vs. VOO - Drawdown Comparison
The maximum PNOPX drawdown since its inception was -73.96%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for PNOPX and VOO. For additional features, visit the drawdowns tool.
Volatility
PNOPX vs. VOO - Volatility Comparison
Putnam Sustainable Leaders Fund (PNOPX) has a higher volatility of 4.20% compared to Vanguard S&P 500 ETF (VOO) at 3.77%. This indicates that PNOPX's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.