PNVAX vs. QUSIX
PNVAX (Putnam International Capital Opportunities Fund) and QUSIX (Pear Tree Polaris Foreign Value Small Cap Fund) are both Foreign Small & Mid Cap Equities funds. Over the past 10 years, PNVAX returned 8.76%/yr vs 8.26%/yr for QUSIX. Their 0.69 correlation means they have sometimes moved together and sometimes differently. PNVAX charges 1.51%/yr vs 1.05%/yr for QUSIX.
Performance
PNVAX vs. QUSIX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PNVAX achieves a 5.11% return, which is significantly lower than QUSIX's 7.17% return. Over the past 10 years, PNVAX has outperformed QUSIX with an annualized return of 8.76%, while QUSIX has yielded a comparatively lower 8.26% annualized return.
PNVAX
- 1D
- 1.87%
- 1M
- 2.96%
- 6M
- 2.42%
- YTD
- 5.11%
- 1Y
- 11.69%
- 3Y*
- 13.74%
- 5Y*
- 5.94%
- 10Y*
- 8.76%
- ALL TIME*
- 8.90%
QUSIX
- 1D
- 0.93%
- 1M
- 3.87%
- 6M
- 1.82%
- YTD
- 7.17%
- 1Y
- 11.45%
- 3Y*
- 11.61%
- 5Y*
- 5.55%
- 10Y*
- 8.26%
- ALL TIME*
- 11.22%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
PNVAX vs. QUSIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PNVAX Putnam International Capital Opportunities Fund | 5.11% | 30.18% | 3.09% | 15.24% | -18.02% | 13.59% | 11.02% | 25.85% | -16.67% | 34.55% |
QUSIX Pear Tree Polaris Foreign Value Small Cap Fund | 7.17% | 26.42% | -1.98% | 21.28% | -17.13% | 15.56% | 6.67% | 20.71% | -18.81% | 33.46% |
Correlation
The correlation between PNVAX and QUSIX is 0.59, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.59 |
Correlation (3Y) Balances recent behavior with more history. | 0.68 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.72 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.68 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2009 | 0.69 |
The correlation between PNVAX and QUSIX shifts across timeframes, from 0.59 (1 year) to 0.72 (5 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
PNVAX vs. QUSIX — Risk / Return Rank
PNVAX
QUSIX
PNVAX vs. QUSIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Putnam International Capital Opportunities Fund (PNVAX) and Pear Tree Polaris Foreign Value Small Cap Fund (QUSIX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PNVAX | QUSIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.03 | ||
| Sortino ratioReturn per unit of downside risk | -0.01 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.15 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 0.94 | 0.84 | +0.09 |
| Martin ratioReturn relative to average drawdown | 3.06 | 2.10 | +0.96 |
Loading charts...
Drawdowns
PNVAX vs. QUSIX - Drawdown Comparison
The maximum PNVAX drawdown since its inception was -64.91%, which is greater than QUSIX's maximum drawdown of -42.87%. Use the drawdown chart below to compare losses from any high point for PNVAX and QUSIX.
Loading charts...
Drawdown Indicators
| PNVAX | QUSIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.91% | -42.87% | -22.04% |
Max Drawdown (1Y)Largest decline over 1 year | -12.87% | -12.09% | -0.78% |
Max Drawdown (3Y)Largest decline over 3 years | -12.87% | -14.33% | +1.46% |
Max Drawdown (5Y)Largest decline over 5 years | -36.83% | -32.21% | -4.62% |
Max Drawdown (10Y)Largest decline over 10 years | -37.07% | -42.87% | +5.80% |
Current DrawdownCurrent decline from peak | -1.01% | -2.15% | +1.14% |
Average DrawdownAverage peak-to-trough decline | -17.71% | -8.48% | -9.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.93% | 4.83% | -0.90% |
Volatility
PNVAX vs. QUSIX - Volatility Comparison
Putnam International Capital Opportunities Fund (PNVAX) has a higher volatility of 4.01% compared to Pear Tree Polaris Foreign Value Small Cap Fund (QUSIX) at 2.92%. This indicates that PNVAX's price experiences larger fluctuations and is considered to be riskier than QUSIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| PNVAX | QUSIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.01% | 2.92% | +1.09% |
Volatility (6M)Calculated over the trailing 6-month period | 12.05% | 10.68% | +1.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.61% | 12.83% | +1.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.90% | 14.37% | +1.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.98% | 14.08% | +1.90% |
PNVAX vs. QUSIX - Expense Ratio Comparison
PNVAX has a 1.51% expense ratio, which is higher than QUSIX's 1.05% expense ratio.
Dividends
PNVAX vs. QUSIX - Dividend Comparison
PNVAX's dividend yield for the trailing twelve months is around 12.43%, more than QUSIX's 2.73% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PNVAX Putnam International Capital Opportunities Fund | 12.43% | 13.06% | 3.89% | 1.21% | 0.48% | 13.42% | 4.40% | 1.33% | 9.91% | 2.75% | 2.53% | 1.63% |
QUSIX Pear Tree Polaris Foreign Value Small Cap Fund | 2.73% | 2.92% | 3.28% | 2.48% | 4.90% | 2.43% | 3.89% | 2.96% | 5.09% | 3.00% | 2.06% | 2.20% |
Frequently Asked Questions
PNVAX and QUSIX have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PNVAX has higher volatility (4.01%) compared to QUSIX (2.92%). In terms of maximum drawdown, PNVAX dropped -64.91% vs QUSIX's -42.87%.
PNVAX currently has the higher Sharpe Ratio (0.83 vs 0.79), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for PNVAX and QUSIX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer