POVSX vs. IVFIX
Compare and contrast key facts about Putnam International Equity Fund (POVSX) and Federated Hermes International Strategic Value Dividend Fund (IVFIX).
POVSX is managed by Putnam. It was launched on Feb 28, 1991. IVFIX is managed by Federated. It was launched on Jun 3, 2008.
Performance
POVSX vs. IVFIX - Performance Comparison
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POVSX vs. IVFIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
POVSX Putnam International Equity Fund | -1.70% | 37.27% | -0.64% | 18.65% | -14.84% | 8.95% | 11.78% | 25.50% | -19.46% | 26.47% |
IVFIX Federated Hermes International Strategic Value Dividend Fund | 5.22% | 31.79% | 1.91% | 11.05% | -2.54% | 11.58% | -1.74% | 20.15% | -11.96% | 14.63% |
Returns By Period
In the year-to-date period, POVSX achieves a -1.70% return, which is significantly lower than IVFIX's 5.22% return. Over the past 10 years, POVSX has outperformed IVFIX with an annualized return of 7.98%, while IVFIX has yielded a comparatively lower 7.06% annualized return.
POVSX
- 1D
- 0.27%
- 1M
- -11.97%
- YTD
- -1.70%
- 6M
- 1.88%
- 1Y
- 23.67%
- 3Y*
- 13.34%
- 5Y*
- 7.44%
- 10Y*
- 7.98%
IVFIX
- 1D
- 0.21%
- 1M
- -6.40%
- YTD
- 5.22%
- 6M
- 10.50%
- 1Y
- 23.17%
- 3Y*
- 13.89%
- 5Y*
- 10.28%
- 10Y*
- 7.06%
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POVSX vs. IVFIX - Expense Ratio Comparison
POVSX has a 1.25% expense ratio, which is higher than IVFIX's 0.86% expense ratio.
Return for Risk
POVSX vs. IVFIX — Risk / Return Rank
POVSX
IVFIX
POVSX vs. IVFIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Putnam International Equity Fund (POVSX) and Federated Hermes International Strategic Value Dividend Fund (IVFIX). 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.
| POVSX | IVFIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.31 | 1.98 | -0.67 |
Sortino ratioReturn per unit of downside risk | 1.75 | 2.58 | -0.83 |
Omega ratioGain probability vs. loss probability | 1.25 | 1.41 | -0.15 |
Calmar ratioReturn relative to maximum drawdown | 1.73 | 4.08 | -2.35 |
Martin ratioReturn relative to average drawdown | 6.94 | 17.43 | -10.49 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| POVSX | IVFIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.31 | 1.98 | -0.67 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.46 | 0.83 | -0.37 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.48 | 0.49 | -0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.40 | 0.21 | +0.19 |
Correlation
The correlation between POVSX and IVFIX 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
POVSX vs. IVFIX - Dividend Comparison
POVSX's dividend yield for the trailing twelve months is around 10.78%, more than IVFIX's 3.14% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
POVSX Putnam International Equity Fund | 10.78% | 10.60% | 1.13% | 1.88% | 0.00% | 14.17% | 2.56% | 1.58% | 6.42% | 0.32% | 3.09% | 2.70% |
IVFIX Federated Hermes International Strategic Value Dividend Fund | 3.14% | 3.37% | 4.44% | 4.01% | 3.99% | 3.67% | 3.62% | 3.98% | 4.97% | 4.17% | 3.38% | 3.95% |
Drawdowns
POVSX vs. IVFIX - Drawdown Comparison
The maximum POVSX drawdown since its inception was -62.97%, which is greater than IVFIX's maximum drawdown of -51.49%. Use the drawdown chart below to compare losses from any high point for POVSX and IVFIX.
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Drawdown Indicators
| POVSX | IVFIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.97% | -51.49% | -11.48% |
Max Drawdown (1Y)Largest decline over 1 year | -12.20% | -8.47% | -3.73% |
Max Drawdown (5Y)Largest decline over 5 years | -31.24% | -21.29% | -9.95% |
Max Drawdown (10Y)Largest decline over 10 years | -36.58% | -33.46% | -3.12% |
Current DrawdownCurrent decline from peak | -11.97% | -6.58% | -5.39% |
Average DrawdownAverage peak-to-trough decline | -14.47% | -11.69% | -2.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.05% | 1.98% | +1.07% |
Volatility
POVSX vs. IVFIX - Volatility Comparison
Putnam International Equity Fund (POVSX) has a higher volatility of 7.43% compared to Federated Hermes International Strategic Value Dividend Fund (IVFIX) at 4.54%. This indicates that POVSX's price experiences larger fluctuations and is considered to be riskier than IVFIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| POVSX | IVFIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.43% | 4.54% | +2.89% |
Volatility (6M)Calculated over the trailing 6-month period | 11.36% | 8.10% | +3.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.17% | 14.63% | +2.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.15% | 12.96% | +3.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.86% | 14.74% | +2.12% |