PPT vs. NWXHX
PPT (Putnam Premier Income Trust) and NWXHX (Nationwide Amundi Strategic Income Fund) are both Multisector Bonds funds. Over the past 10 years, PPT returned 4.97%/yr vs 7.00%/yr for NWXHX. At 0.07, their price movements are largely independent.
Performance
PPT vs. NWXHX - Performance Comparison
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Returns By Period
In the year-to-date period, PPT achieves a 1.92% return, which is significantly higher than NWXHX's 1.26% return. Over the past 10 years, PPT has underperformed NWXHX with an annualized return of 4.97%, while NWXHX has yielded a comparatively higher 7.00% annualized return.
PPT
- 1D
- 0.00%
- 1M
- 1.03%
- YTD
- 1.92%
- 6M
- 0.46%
- 1Y
- 10.26%
- 3Y*
- 9.03%
- 5Y*
- 2.47%
- 10Y*
- 4.97%
NWXHX
- 1D
- 0.00%
- 1M
- 0.28%
- YTD
- 1.26%
- 6M
- 2.60%
- 1Y
- 8.40%
- 3Y*
- 8.61%
- 5Y*
- 6.55%
- 10Y*
- 7.00%
PPT vs. NWXHX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PPT Putnam Premier Income Trust | 1.92% | 8.39% | 8.80% | 7.43% | -7.75% | -1.72% | -6.54% | 25.53% | -6.36% | 13.78% |
NWXHX Nationwide Amundi Strategic Income Fund | 1.26% | 7.36% | 9.76% | 9.39% | 3.56% | 4.86% | 3.48% | 10.18% | -0.11% | 11.16% |
Correlation
The correlation between PPT and NWXHX is 0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.06 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.01 |
Correlation (All Time) Calculated using the full available price history since Jan 5, 2016 | 0.07 |
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Return for Risk
PPT vs. NWXHX — Risk / Return Rank
PPT
NWXHX
PPT vs. NWXHX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Putnam Premier Income Trust (PPT) and Nationwide Amundi Strategic Income Fund (NWXHX). 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.
| PPT | NWXHX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.03 | 6.91 | -5.87 |
Sortino ratioReturn per unit of downside risk | 1.61 | 13.76 | -12.15 |
Omega ratioGain probability vs. loss probability | 1.19 | 3.64 | -2.45 |
Calmar ratioReturn relative to maximum drawdown | 1.91 | 11.60 | -9.69 |
Martin ratioReturn relative to average drawdown | 5.37 | 61.61 | -56.24 |
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
| PPT | NWXHX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.03 | 6.91 | -5.87 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.21 | 1.78 | -1.57 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.34 | 1.58 | -1.24 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.16 | 1.59 | -1.42 |
Drawdowns
PPT vs. NWXHX - Drawdown Comparison
The maximum PPT drawdown since its inception was -49.76%, which is greater than NWXHX's maximum drawdown of -22.96%. Use the drawdown chart below to compare losses from any high point for PPT and NWXHX.
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Drawdown Indicators
| PPT | NWXHX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.76% | -22.96% | -26.80% |
Max Drawdown (1Y)Largest decline over 1 year | -5.05% | -0.41% | -4.64% |
Max Drawdown (5Y)Largest decline over 5 years | -18.92% | -5.52% | -13.40% |
Max Drawdown (10Y)Largest decline over 10 years | -31.79% | -22.96% | -8.83% |
Current DrawdownCurrent decline from peak | -2.57% | 0.00% | -2.57% |
Average DrawdownAverage peak-to-trough decline | -11.27% | -1.06% | -10.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.79% | 0.13% | +1.66% |
Volatility
PPT vs. NWXHX - Volatility Comparison
Putnam Premier Income Trust (PPT) has a higher volatility of 4.40% compared to Nationwide Amundi Strategic Income Fund (NWXHX) at 0.41%. This indicates that PPT's price experiences larger fluctuations and is considered to be riskier than NWXHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PPT | NWXHX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.40% | 0.41% | +3.99% |
Volatility (6M)Calculated over the trailing 6-month period | 7.56% | 0.78% | +6.78% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.35% | 1.46% | +8.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.03% | 3.70% | +8.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.47% | 4.43% | +10.04% |
Dividends
PPT vs. NWXHX - Dividend Comparison
PPT's dividend yield for the trailing twelve months is around 8.84%, more than NWXHX's 5.07% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PPT Putnam Premier Income Trust | 8.84% | 8.81% | 8.76% | 8.74% | 8.60% | 7.31% | 8.84% | 7.73% | 6.84% | 5.85% | 6.28% | 6.30% |
NWXHX Nationwide Amundi Strategic Income Fund | 5.07% | 5.19% | 5.09% | 4.57% | 16.34% | 4.20% | 4.92% | 3.94% | 4.59% | 8.67% | 7.55% | 0.00% |