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.
Key characteristics
| PNOPX | VOO | |
|---|---|---|
| YTD Return | 26.25% | 26.88% |
| 1Y Return | 32.92% | 37.59% |
| 3Y Return (Ann) | -0.67% | 10.23% |
| 5Y Return (Ann) | 7.61% | 15.93% |
| 10Y Return (Ann) | 8.00% | 13.41% |
| Sharpe Ratio | 2.45 | 3.06 |
| Sortino Ratio | 3.19 | 4.08 |
| Omega Ratio | 1.46 | 1.58 |
| Calmar Ratio | 1.23 | 4.43 |
| Martin Ratio | 14.22 | 20.25 |
| Ulcer Index | 2.31% | 1.85% |
| Daily Std Dev | 13.40% | 12.23% |
| Max Drawdown | -73.96% | -33.99% |
| Current Drawdown | -2.51% | -0.30% |
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
The year-to-date returns for both investments are quite close, with PNOPX having a 26.25% return and VOO slightly higher at 26.88%. Over the past 10 years, PNOPX has underperformed VOO with an annualized return of 8.00%, while VOO has yielded a comparatively higher 13.41% 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. 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 0.14%, less than VOO's 1.23% yield.
| 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% |
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
The current volatility for Putnam Sustainable Leaders Fund (PNOPX) is 3.56%, while Vanguard S&P 500 ETF (VOO) has a volatility of 3.89%. This indicates that PNOPX experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.