PRZZX vs. PGOYX
Compare and contrast key facts about Putnam RetirementReady 2040 Fund (PRZZX) and Putnam Large Cap Growth Y (PGOYX).
PRZZX is managed by Putnam. It was launched on Oct 31, 2004. PGOYX is managed by Putnam. It was launched on Aug 27, 1999.
Performance
PRZZX vs. PGOYX - Performance Comparison
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PRZZX vs. PGOYX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PRZZX Putnam RetirementReady 2040 Fund | -3.95% | 11.23% | 11.08% | 20.18% | -12.11% | 12.66% | 10.18% | 17.92% | -8.50% | 18.23% |
PGOYX Putnam Large Cap Growth Y | -9.67% | 14.56% | 33.58% | 44.57% | -30.25% | 22.95% | 38.79% | 36.76% | 2.58% | 31.29% |
Returns By Period
In the year-to-date period, PRZZX achieves a -3.95% return, which is significantly higher than PGOYX's -9.67% return. Over the past 10 years, PRZZX has underperformed PGOYX with an annualized return of 7.92%, while PGOYX has yielded a comparatively higher 16.81% annualized return.
PRZZX
- 1D
- 2.03%
- 1M
- -3.68%
- YTD
- -3.95%
- 6M
- -2.67%
- 1Y
- 9.92%
- 3Y*
- 10.86%
- 5Y*
- 6.28%
- 10Y*
- 7.92%
PGOYX
- 1D
- 3.70%
- 1M
- -5.89%
- YTD
- -9.67%
- 6M
- -9.44%
- 1Y
- 14.92%
- 3Y*
- 20.52%
- 5Y*
- 11.05%
- 10Y*
- 16.81%
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PRZZX vs. PGOYX - Expense Ratio Comparison
PRZZX has a 0.05% expense ratio, which is lower than PGOYX's 0.65% expense ratio.
Return for Risk
PRZZX vs. PGOYX — Risk / Return Rank
PRZZX
PGOYX
PRZZX vs. PGOYX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Putnam RetirementReady 2040 Fund (PRZZX) and Putnam Large Cap Growth Y (PGOYX). 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.
| PRZZX | PGOYX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.90 | 0.71 | +0.19 |
Sortino ratioReturn per unit of downside risk | 1.25 | 1.18 | +0.07 |
Omega ratioGain probability vs. loss probability | 1.18 | 1.17 | +0.02 |
Calmar ratioReturn relative to maximum drawdown | 1.09 | 0.98 | +0.11 |
Martin ratioReturn relative to average drawdown | 4.82 | 3.34 | +1.47 |
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
| PRZZX | PGOYX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.90 | 0.71 | +0.19 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.58 | 0.51 | +0.07 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.70 | 0.80 | -0.09 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.77 | 0.32 | +0.45 |
Correlation
The correlation between PRZZX and PGOYX is 0.88, 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
PRZZX vs. PGOYX - Dividend Comparison
PRZZX's dividend yield for the trailing twelve months is around 2.00%, less than PGOYX's 5.79% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PRZZX Putnam RetirementReady 2040 Fund | 2.00% | 1.92% | 1.69% | 1.88% | 14.10% | 8.92% | 1.69% | 5.15% | 9.81% | 4.19% | 0.38% | 2.24% |
PGOYX Putnam Large Cap Growth Y | 5.79% | 5.23% | 4.25% | 0.46% | 7.30% | 8.55% | 3.12% | 3.65% | 7.92% | 2.05% | 0.02% | 5.78% |
Drawdowns
PRZZX vs. PGOYX - Drawdown Comparison
The maximum PRZZX drawdown since its inception was -23.93%, smaller than the maximum PGOYX drawdown of -76.03%. Use the drawdown chart below to compare losses from any high point for PRZZX and PGOYX.
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Drawdown Indicators
| PRZZX | PGOYX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.93% | -76.03% | +52.10% |
Max Drawdown (1Y)Largest decline over 1 year | -9.45% | -16.34% | +6.89% |
Max Drawdown (5Y)Largest decline over 5 years | -17.08% | -34.01% | +16.93% |
Max Drawdown (10Y)Largest decline over 10 years | -23.93% | -34.01% | +10.08% |
Current DrawdownCurrent decline from peak | -5.32% | -13.24% | +7.92% |
Average DrawdownAverage peak-to-trough decline | -3.30% | -31.72% | +28.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.14% | 4.78% | -2.64% |
Volatility
PRZZX vs. PGOYX - Volatility Comparison
The current volatility for Putnam RetirementReady 2040 Fund (PRZZX) is 4.14%, while Putnam Large Cap Growth Y (PGOYX) has a volatility of 6.88%. This indicates that PRZZX experiences smaller price fluctuations and is considered to be less risky than PGOYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PRZZX | PGOYX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.14% | 6.88% | -2.74% |
Volatility (6M)Calculated over the trailing 6-month period | 6.92% | 12.72% | -5.80% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.42% | 22.41% | -10.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.85% | 21.68% | -10.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.28% | 21.15% | -9.87% |