PNSAX vs. UBVLX
Compare and contrast key facts about Putnam Small Cap Growth Fund (PNSAX) and Undiscovered Managers Behavioral Value Fund (UBVLX).
PNSAX is managed by Putnam. It was launched on Dec 31, 1997. UBVLX is managed by BlackRock. It was launched on Dec 28, 1998.
Performance
PNSAX vs. UBVLX - Performance Comparison
Loading graphics...
PNSAX vs. UBVLX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PNSAX Putnam Small Cap Growth Fund | -0.28% | 8.91% | 22.98% | 22.87% | -28.10% | 14.38% | 47.65% | 37.60% | -2.46% | 20.19% |
UBVLX Undiscovered Managers Behavioral Value Fund | 2.91% | 1.79% | 13.11% | 14.69% | -1.16% | 34.25% | 3.52% | 23.27% | -15.23% | 13.43% |
Returns By Period
In the year-to-date period, PNSAX achieves a -0.28% return, which is significantly lower than UBVLX's 2.91% return. Over the past 10 years, PNSAX has outperformed UBVLX with an annualized return of 13.98%, while UBVLX has yielded a comparatively lower 9.86% annualized return.
PNSAX
- 1D
- 5.00%
- 1M
- -7.90%
- YTD
- -0.28%
- 6M
- -2.39%
- 1Y
- 20.42%
- 3Y*
- 15.34%
- 5Y*
- 5.04%
- 10Y*
- 13.98%
UBVLX
- 1D
- 1.67%
- 1M
- -5.74%
- YTD
- 2.91%
- 6M
- 2.20%
- 1Y
- 8.94%
- 3Y*
- 10.58%
- 5Y*
- 7.68%
- 10Y*
- 9.86%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PNSAX vs. UBVLX - Expense Ratio Comparison
PNSAX has a 1.23% expense ratio, which is higher than UBVLX's 0.90% expense ratio.
Return for Risk
PNSAX vs. UBVLX — Risk / Return Rank
PNSAX
UBVLX
PNSAX vs. UBVLX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Putnam Small Cap Growth Fund (PNSAX) and Undiscovered Managers Behavioral Value Fund (UBVLX). 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.
| PNSAX | UBVLX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.86 | 0.41 | +0.45 |
Sortino ratioReturn per unit of downside risk | 1.36 | 0.75 | +0.60 |
Omega ratioGain probability vs. loss probability | 1.17 | 1.10 | +0.08 |
Calmar ratioReturn relative to maximum drawdown | 1.49 | 0.63 | +0.86 |
Martin ratioReturn relative to average drawdown | 5.15 | 2.05 | +3.10 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| PNSAX | UBVLX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.86 | 0.41 | +0.45 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.22 | 0.38 | -0.16 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.60 | 0.40 | +0.20 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.42 | 0.47 | -0.05 |
Correlation
The correlation between PNSAX and UBVLX is 0.82, 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. UBVLX - Dividend Comparison
PNSAX's dividend yield for the trailing twelve months is around 0.43%, less than UBVLX's 9.14% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PNSAX Putnam Small Cap Growth Fund | 0.43% | 0.42% | 0.00% | 0.00% | 0.00% | 15.27% | 4.87% | 1.93% | 1.88% | 0.00% | 0.00% | 0.00% |
UBVLX Undiscovered Managers Behavioral Value Fund | 9.14% | 9.41% | 7.39% | 8.35% | 8.96% | 3.44% | 0.99% | 4.98% | 11.62% | 4.67% | 3.24% | 3.80% |
Drawdowns
PNSAX vs. UBVLX - Drawdown Comparison
The maximum PNSAX drawdown since its inception was -69.47%, roughly equal to the maximum UBVLX drawdown of -67.24%. Use the drawdown chart below to compare losses from any high point for PNSAX and UBVLX.
Loading graphics...
Drawdown Indicators
| PNSAX | UBVLX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.47% | -67.24% | -2.23% |
Max Drawdown (1Y)Largest decline over 1 year | -14.00% | -14.53% | +0.53% |
Max Drawdown (5Y)Largest decline over 5 years | -38.77% | -21.46% | -17.31% |
Max Drawdown (10Y)Largest decline over 10 years | -38.77% | -52.08% | +13.31% |
Current DrawdownCurrent decline from peak | -9.70% | -6.27% | -3.43% |
Average DrawdownAverage peak-to-trough decline | -23.68% | -9.31% | -14.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.05% | 4.47% | -0.42% |
Volatility
PNSAX vs. UBVLX - Volatility Comparison
Putnam Small Cap Growth Fund (PNSAX) has a higher volatility of 10.40% compared to Undiscovered Managers Behavioral Value Fund (UBVLX) at 4.81%. This indicates that PNSAX's price experiences larger fluctuations and is considered to be riskier than UBVLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| PNSAX | UBVLX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.40% | 4.81% | +5.59% |
Volatility (6M)Calculated over the trailing 6-month period | 17.67% | 11.95% | +5.72% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.86% | 21.79% | +3.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.05% | 20.49% | +2.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.43% | 24.60% | -1.17% |