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PNSAX vs. PSCZX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

PNSAX vs. PSCZX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Putnam Small Cap Growth Fund (PNSAX) and PGIM Jennison Small Company Fund Class Z (PSCZX). The values are adjusted to include any dividend payments, if applicable.

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PNSAX vs. PSCZX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
PNSAX
Putnam Small Cap Growth Fund
-5.03%8.91%22.98%22.87%-28.10%14.38%47.65%37.60%-2.46%20.19%
PSCZX
PGIM Jennison Small Company Fund Class Z
-2.55%7.29%16.22%11.85%-18.57%29.43%27.53%40.68%-13.42%19.81%

Returns By Period

In the year-to-date period, PNSAX achieves a -5.03% return, which is significantly lower than PSCZX's -2.55% return. Over the past 10 years, PNSAX has outperformed PSCZX with an annualized return of 13.42%, while PSCZX has yielded a comparatively lower 11.63% annualized return.


PNSAX

1D
-2.60%
1M
-11.12%
YTD
-5.03%
6M
-7.13%
1Y
15.50%
3Y*
13.48%
5Y*
4.51%
10Y*
13.42%

PSCZX

1D
-1.29%
1M
-9.26%
YTD
-2.55%
6M
2.77%
1Y
13.91%
3Y*
9.48%
5Y*
5.05%
10Y*
11.63%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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PNSAX vs. PSCZX - Expense Ratio Comparison

PNSAX has a 1.23% expense ratio, which is higher than PSCZX's 0.82% expense ratio.


Return for Risk

PNSAX vs. PSCZX — Risk / Return Rank

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

PNSAX
PNSAX Risk / Return Rank: 2929
Overall Rank
PNSAX Sharpe Ratio Rank: 2626
Sharpe Ratio Rank
PNSAX Sortino Ratio Rank: 2929
Sortino Ratio Rank
PNSAX Omega Ratio Rank: 2424
Omega Ratio Rank
PNSAX Calmar Ratio Rank: 3434
Calmar Ratio Rank
PNSAX Martin Ratio Rank: 3030
Martin Ratio Rank

PSCZX
PSCZX Risk / Return Rank: 2828
Overall Rank
PSCZX Sharpe Ratio Rank: 2626
Sharpe Ratio Rank
PSCZX Sortino Ratio Rank: 2828
Sortino Ratio Rank
PSCZX Omega Ratio Rank: 2626
Omega Ratio Rank
PSCZX Calmar Ratio Rank: 2727
Calmar Ratio Rank
PSCZX Martin Ratio Rank: 3131
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.

PNSAX vs. PSCZX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Putnam Small Cap Growth Fund (PNSAX) and PGIM Jennison Small Company Fund Class Z (PSCZX). 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.


PNSAXPSCZXDifference

Sharpe ratio

Return per unit of total volatility

0.62

0.66

-0.04

Sortino ratio

Return per unit of downside risk

1.03

1.05

-0.02

Omega ratio

Gain probability vs. loss probability

1.13

1.15

-0.01

Calmar ratio

Return relative to maximum drawdown

0.93

0.81

+0.12

Martin ratio

Return relative to average drawdown

3.25

3.37

-0.12

PNSAX vs. PSCZX - Sharpe Ratio Comparison

The current PNSAX Sharpe Ratio is 0.62, which is comparable to the PSCZX Sharpe Ratio of 0.66. The chart below compares the historical Sharpe Ratios of PNSAX and PSCZX, 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


PNSAXPSCZXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.62

0.66

-0.04

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.20

0.25

-0.05

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.58

0.53

+0.05

Sharpe Ratio (All Time)

Calculated using the full available price history

0.41

0.45

-0.04

Correlation

The correlation between PNSAX and PSCZX is 0.89, 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.


Dividends

PNSAX vs. PSCZX - Dividend Comparison

PNSAX's dividend yield for the trailing twelve months is around 0.45%, less than PSCZX's 7.05% yield.


TTM20252024202320222021202020192018201720162015
PNSAX
Putnam Small Cap Growth Fund
0.45%0.42%0.00%0.00%0.00%15.27%4.87%1.93%1.88%0.00%0.00%0.00%
PSCZX
PGIM Jennison Small Company Fund Class Z
7.05%6.87%4.72%0.50%3.67%31.87%13.30%16.41%19.48%7.97%5.32%14.40%

Drawdowns

PNSAX vs. PSCZX - Drawdown Comparison

The maximum PNSAX drawdown since its inception was -69.47%, which is greater than PSCZX's maximum drawdown of -56.47%. Use the drawdown chart below to compare losses from any high point for PNSAX and PSCZX.


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Drawdown Indicators


PNSAXPSCZXDifference

Max Drawdown

Largest peak-to-trough decline

-69.47%

-56.47%

-13.00%

Max Drawdown (1Y)

Largest decline over 1 year

-14.00%

-14.37%

+0.37%

Max Drawdown (5Y)

Largest decline over 5 years

-38.77%

-28.08%

-10.69%

Max Drawdown (10Y)

Largest decline over 10 years

-38.77%

-47.40%

+8.63%

Current Drawdown

Current decline from peak

-14.00%

-9.83%

-4.17%

Average Drawdown

Average peak-to-trough decline

-23.68%

-10.11%

-13.57%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.00%

3.43%

+0.57%

Volatility

PNSAX vs. PSCZX - Volatility Comparison

Putnam Small Cap Growth Fund (PNSAX) has a higher volatility of 9.02% compared to PGIM Jennison Small Company Fund Class Z (PSCZX) at 6.41%. This indicates that PNSAX's price experiences larger fluctuations and is considered to be riskier than PSCZX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


PNSAXPSCZXDifference

Volatility (1M)

Calculated over the trailing 1-month period

9.02%

6.41%

+2.61%

Volatility (6M)

Calculated over the trailing 6-month period

16.97%

11.92%

+5.05%

Volatility (1Y)

Calculated over the trailing 1-year period

24.41%

20.70%

+3.71%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

22.96%

20.20%

+2.76%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

23.38%

22.05%

+1.33%