POGAX vs. MEGBX
Compare and contrast key facts about Putnam Growth Opportunities Fund (POGAX) and MFS Growth Fund (MEGBX).
POGAX is managed by Putnam. It was launched on Oct 2, 1995. MEGBX is managed by MFS. It was launched on Dec 29, 1986.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: POGAX or MEGBX.
Key characteristics
| POGAX | MEGBX | |
|---|---|---|
| YTD Return | 31.33% | 31.08% |
| 1Y Return | 42.87% | 31.97% |
| 3Y Return (Ann) | 3.60% | 1.87% |
| 5Y Return (Ann) | 13.40% | 11.04% |
| 10Y Return (Ann) | 12.75% | 10.37% |
| Sharpe Ratio | 2.39 | 1.73 |
| Sortino Ratio | 3.12 | 2.25 |
| Omega Ratio | 1.43 | 1.33 |
| Calmar Ratio | 1.79 | 1.39 |
| Martin Ratio | 11.93 | 8.10 |
| Ulcer Index | 3.51% | 3.84% |
| Daily Std Dev | 17.54% | 17.96% |
| Max Drawdown | -76.55% | -72.59% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between POGAX and MEGBX is 0.94, 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
POGAX vs. MEGBX - Performance Comparison
The year-to-date returns for both stocks are quite close, with POGAX having a 31.33% return and MEGBX slightly lower at 31.08%. Over the past 10 years, POGAX has outperformed MEGBX with an annualized return of 12.75%, while MEGBX has yielded a comparatively lower 10.37% 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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POGAX vs. MEGBX - Expense Ratio Comparison
POGAX has a 0.99% expense ratio, which is lower than MEGBX's 1.59% expense ratio.
Risk-Adjusted Performance
POGAX vs. MEGBX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Putnam Growth Opportunities Fund (POGAX) and MFS Growth Fund (MEGBX). 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
POGAX vs. MEGBX - Dividend Comparison
Neither POGAX nor MEGBX has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
POGAX Putnam Growth Opportunities Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.26% | 0.01% | 5.95% | 16.07% | 4.52% |
MEGBX MFS Growth Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.28% | 4.83% | 1.78% |
Drawdowns
POGAX vs. MEGBX - Drawdown Comparison
The maximum POGAX drawdown since its inception was -76.55%, which is greater than MEGBX's maximum drawdown of -72.59%. Use the drawdown chart below to compare losses from any high point for POGAX and MEGBX. For additional features, visit the drawdowns tool.
Volatility
POGAX vs. MEGBX - Volatility Comparison
Putnam Growth Opportunities Fund (POGAX) and MFS Growth Fund (MEGBX) have volatilities of 5.01% and 4.82%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.