PPT vs. LRCU

Last updated Jun 13, 2026

PPT (Putnam Premier Income Trust) and LRCU (Tradr 2X Long LRCX Daily ETF) are both funds - PPT is a Multisector Bonds fund actively managed by Putnam Investments, while LRCU is a Leveraged Equities fund actively managed by Tradr. Both are actively managed. At a 0.23 correlation, their price movements are largely independent.

Performance

PPT vs. LRCU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Putnam Premier Income Trust (PPT) and Tradr 2X Long LRCX Daily ETF (LRCU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PPT achieves a 0.81% return, which is significantly lower than LRCU's 268.21% return.

PPT

• 1D: 0.29%
• 1M: 0.47%
• YTD: 0.81%
• 6M: 1.85%
• 1Y: 2.23%
• 3Y*: 7.60%
• 5Y*: 2.15%
• 10Y*: 4.57%

LRCU

• 1D: 1.75%
• 1M: 57.23%
• YTD: 268.21%
• 6M: 315.13%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

PPT vs. LRCU - Yearly Performance Comparison

	2026 (YTD)	2025
PPT Putnam Premier Income Trust	0.81%	-1.01%
LRCU Tradr 2X Long LRCX Daily ETF	268.21%	172.36%

Correlation

The correlation between PPT and LRCU is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Aug 19, 2025	0.23

Return for Risk

PPT vs. LRCU — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PPT

PPT Risk / Return Rank: 5
PPT Sharpe Ratio Rank: 5
PPT Sortino Ratio Rank: 4
PPT Omega Ratio Rank: 4
PPT Calmar Ratio Rank: 6
PPT Martin Ratio Rank: 5

LRCU

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PPT vs. LRCU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Putnam Premier Income Trust (PPT) and Tradr 2X Long LRCX Daily ETF (LRCU). 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.

	PPT	LRCU	Difference
Sharpe ratio: Return per unit of total volatility	0.18	—	—
Sortino ratio: Return per unit of downside risk	0.33	—	—
Omega ratio: Gain probability vs. loss probability	1.04	—	—
Calmar ratio: Return relative to maximum drawdown	0.33	—	—
Martin ratio: Return relative to average drawdown	0.77	—	—

Drawdowns

PPT vs. LRCU - Drawdown Comparison

The maximum PPT drawdown since its inception was -49.76%, which is greater than LRCU's maximum drawdown of -40.09%. Use the drawdown chart below to compare losses from any high point for PPT and LRCU.

Drawdown Indicators

	PPT	LRCU	Difference
Max Drawdown Largest peak-to-trough decline	-49.76%	-40.09%	-9.67%
Max Drawdown (1Y) Largest decline over 1 year	-5.05%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-9.10%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-18.92%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-31.79%	—	—
Current Drawdown Current decline from peak	-3.62%	0.00%	-3.62%
Average Drawdown Average peak-to-trough decline	-11.23%	-9.34%	-1.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.18%	—	—

Volatility

Volatility by Period

	PPT	LRCU	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.25%	—	—
Volatility (6M) Calculated over the trailing 6-month period	6.99%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	9.36%	113.97%	-104.61%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.96%	113.97%	-102.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.45%	113.97%	-99.52%

Dividends

PPT vs. LRCU - Dividend Comparison

PPT's dividend yield for the trailing twelve months is around 9.07%, while LRCU has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LRCU Tradr 2X Long LRCX Daily ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
PPT Putnam Premier Income Trust	9.07%	8.81%	8.76%	8.74%	8.60%	7.31%	8.84%	7.73%	6.84%	5.85%	6.28%	6.30%

Frequently Asked Questions

Can I hold both PPT and LRCU in my portfolio?

PPT and LRCU have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.