PPIE vs. USD=X
PPIE (Putnam Panagora ESG International Equity ETF -) is Foreign Large Cap Equities fund actively managed by Putnam, while USD=X (USD Cash) is a currency. Over the past 3 years, PPIE returned 18.29%/yr vs 0.00%/yr for USD=X.
Performance
PPIE vs. USD=X - Performance Comparison
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Returns By Period
PPIE
- 1D
- 0.04%
- 1M
- 2.11%
- YTD
- 8.36%
- 6M
- 10.15%
- 1Y
- 20.91%
- 3Y*
- 18.29%
- 5Y*
- —
- 10Y*
- —
USD=X
- 1D
- 0.00%
- 1M
- 0.00%
- YTD
- 0.00%
- 6M
- 0.00%
- 1Y
- 0.00%
- 3Y*
- 0.00%
- 5Y*
- 0.00%
- 10Y*
- 0.00%
PPIE vs. USD=X - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
PPIE Putnam Panagora ESG International Equity ETF - | 8.36% | 32.77% | 7.67% | 9.66% |
USD=X USD Cash | 0.00% | 0.00% | 0.00% | 0.00% |
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Return for Risk
PPIE vs. USD=X — Risk / Return Rank
PPIE
USD=X
PPIE vs. USD=X - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Putnam Panagora ESG International Equity ETF - (PPIE) and USD Cash (USD=X). 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.
| PPIE | USD=X | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.25 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.75 | — | — |
| Martin ratioReturn relative to average drawdown | 6.47 | — | — |
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
| PPIE | USD=X | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.38 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.16 | — | — |
Drawdowns
PPIE vs. USD=X - Drawdown Comparison
The maximum PPIE drawdown since its inception was -13.55%, which is greater than USD=X's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for PPIE and USD=X.
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Drawdown Indicators
| PPIE | USD=X | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.55% | 0.00% | -13.55% |
Max Drawdown (1Y)Largest decline over 1 year | -12.00% | 0.00% | -12.00% |
Max Drawdown (3Y)Largest decline over 3 years | -13.55% | 0.00% | -13.55% |
Max Drawdown (5Y)Largest decline over 5 years | — | 0.00% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | 0.00% | — |
Current DrawdownCurrent decline from peak | -0.71% | 0.00% | -0.71% |
Average DrawdownAverage peak-to-trough decline | -2.50% | 0.00% | -2.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.24% | 0.00% | +3.24% |
Volatility
PPIE vs. USD=X - Volatility Comparison
Putnam Panagora ESG International Equity ETF - (PPIE) has a higher volatility of 3.20% compared to USD Cash (USD=X) at 0.00%. This indicates that PPIE's price experiences larger fluctuations and is considered to be riskier than USD=X based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PPIE | USD=X | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.20% | 0.00% | +3.20% |
Volatility (6M)Calculated over the trailing 6-month period | 12.30% | 0.00% | +12.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.24% | 0.00% | +15.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.81% | 0.00% | +14.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.81% | 0.00% | +14.81% |
Frequently Asked Questions
PPIE has higher volatility (3.20%) compared to USD=X (0.00%). In terms of maximum drawdown, PPIE dropped -13.55% vs USD=X's 0.00%.
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