PRRUX vs. PEQSX

Last updated Aug 1, 2026

PRRUX (Putnam RetirementReady 2050 Fund) and PEQSX (Putnam Large Cap Value Fund Class R6) are both mutual funds - PRRUX is a Target Retirement Date fund managed by Putnam, while PEQSX is a Large Cap Value Equities fund managed by Putnam. Over the past 10 years, PRRUX returned 9.78%/yr vs 14.31%/yr for PEQSX. Their correlation of 0.89 means they have usually moved in the same direction. PRRUX charges 0.03%/yr vs 0.54%/yr for PEQSX.

Performance

PRRUX vs. PEQSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Putnam RetirementReady 2050 Fund (PRRUX) and Putnam Large Cap Value Fund Class R6 (PEQSX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PRRUX achieves a 5.89% return, which is significantly lower than PEQSX's 15.20% return. Over the past 10 years, PRRUX has underperformed PEQSX with an annualized return of 9.78%, while PEQSX has yielded a comparatively higher 14.31% annualized return.

PRRUX

• 1D: 1.69%
• 1M: -0.32%
• 6M: 5.80%
• YTD: 5.89%
• 1Y: 13.27%
• 3Y*: 13.46%
• 5Y*: 7.94%
• 10Y*: 9.78%
• ALL TIME*: 9.36%

PEQSX

• 1D: 1.28%
• 1M: 2.67%
• 6M: 11.34%
• YTD: 15.20%
• 1Y: 30.04%
• 3Y*: 19.92%
• 5Y*: 14.67%
• 10Y*: 14.31%
• ALL TIME*: 14.02%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
PEQSX Putnam Large Cap Value Fund Class R6	$0.00	$0.00	$0.00
PRRUX Putnam RetirementReady 2050 Fund	$0.00	$0.00	$0.00

PRRUX vs. PEQSX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PRRUX Putnam RetirementReady 2050 Fund	5.89%	12.94%	15.08%	21.03%	-15.14%	16.51%	13.46%	20.38%	-9.28%	20.19%
PEQSX Putnam Large Cap Value Fund Class R6	15.20%	20.49%	19.41%	15.45%	-2.74%	27.33%	6.23%	29.79%	-8.29%	19.15%

Correlation

The correlation between PRRUX and PEQSX is 0.76, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.76
Correlation (3Y) Balances recent behavior with more history.	0.79
Correlation (5Y) Shows whether the relationship held over a longer period.	0.84
Correlation (10Y) Provides a long-term view across more market conditions.	0.86
Correlation (All Time) Calculated using the full available price history since Aug 3, 2012	0.89

The correlation between PRRUX and PEQSX shifts across timeframes, from 0.76 (1 year) to 0.89 (all time), reflecting how their relationship changes across market environments.

Return for Risk

PRRUX vs. PEQSX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

PRRUX

PRRUX Risk / Return Rank: 29
PRRUX Sharpe Ratio Rank: 28
PRRUX Sortino Ratio Rank: 27
PRRUX Omega Ratio Rank: 27
PRRUX Calmar Ratio Rank: 29
PRRUX Martin Ratio Rank: 36

PEQSX

PEQSX Risk / Return Rank: 93
PEQSX Sharpe Ratio Rank: 94
PEQSX Sortino Ratio Rank: 92
PEQSX Omega Ratio Rank: 88
PEQSX Calmar Ratio Rank: 94
PEQSX Martin Ratio Rank: 95

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

PRRUX vs. PEQSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Putnam RetirementReady 2050 Fund (PRRUX) and Putnam Large Cap Value Fund Class R6 (PEQSX). 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.

	PRRUX	PEQSX	Difference
Sharpe ratio: Return per unit of total volatility	1.00	2.50	-1.50
Sortino ratio: Return per unit of downside risk	1.46	3.52	-2.06
Omega ratio: Gain probability vs. loss probability	1.18	1.45	-0.27
Calmar ratio: Return relative to maximum drawdown	1.39	3.85	-2.46
Martin ratio: Return relative to average drawdown	5.58	15.27	-9.69

PRRUX vs. PEQSX - Sharpe Ratio Comparison

The current PRRUX Sharpe Ratio is 1.00, which is lower than the PEQSX Sharpe Ratio of 2.50. The chart below compares the historical Sharpe Ratios of PRRUX and PEQSX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

PRRUX vs. PEQSX - Drawdown Comparison

The maximum PRRUX drawdown since its inception was -28.85%, smaller than the maximum PEQSX drawdown of -36.04%. Use the drawdown chart below to compare losses from any high point for PRRUX and PEQSX.

Drawdown Indicators

	PRRUX	PEQSX	Difference
Max Drawdown Largest peak-to-trough decline	-28.85%	-36.04%	+7.19%
Max Drawdown (1Y) Largest decline over 1 year	-8.40%	-7.18%	-1.22%
Max Drawdown (3Y) Largest decline over 3 years	-17.75%	-15.01%	-2.74%
Max Drawdown (5Y) Largest decline over 5 years	-21.08%	-15.18%	-5.90%
Max Drawdown (10Y) Largest decline over 10 years	-28.85%	-36.04%	+7.19%
Current Drawdown Current decline from peak	-1.32%	0.00%	-1.32%
Average Drawdown Average peak-to-trough decline	-3.96%	-3.18%	-0.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.09%	1.81%	+0.28%

Volatility

PRRUX vs. PEQSX - Volatility Comparison

Putnam RetirementReady 2050 Fund (PRRUX) has a higher volatility of 3.52% compared to Putnam Large Cap Value Fund Class R6 (PEQSX) at 3.08%. This indicates that PRRUX's price experiences larger fluctuations and is considered to be riskier than PEQSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PRRUX	PEQSX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.52%	3.08%	+0.44%
Volatility (6M) Calculated over the trailing 6-month period	9.46%	8.44%	+1.02%
Volatility (1Y) Calculated over the trailing 1-year period	11.65%	11.06%	+0.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.38%	14.50%	-1.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.63%	16.95%	-3.32%

PRRUX vs. PEQSX - Expense Ratio Comparison

PRRUX has a 0.03% expense ratio, which is lower than PEQSX's 0.54% expense ratio.

Dividends

PRRUX vs. PEQSX - Dividend Comparison

PRRUX's dividend yield for the trailing twelve months is around 1.60%, less than PEQSX's 4.86% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PEQSX Putnam Large Cap Value Fund Class R6	4.86%	5.69%	7.14%	5.26%	7.40%	7.40%	6.30%	3.66%	6.08%	3.56%	2.66%	6.31%
PRRUX Putnam RetirementReady 2050 Fund	1.60%	1.69%	1.40%	1.75%	13.51%	11.30%	1.54%	7.54%	15.23%	5.04%	0.80%	2.32%

Frequently Asked Questions

Can I hold both PRRUX and PEQSX in my portfolio?

PRRUX and PEQSX have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PRRUX or PEQSX?

PRRUX has higher volatility (3.52%) compared to PEQSX (3.08%). In terms of maximum drawdown, PRRUX dropped -28.85% vs PEQSX's -36.04%.

Which has better risk-adjusted returns?

PEQSX currently has the higher Sharpe Ratio (2.50 vs 1.00), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.