PSDYX vs. JPST
Compare and contrast key facts about Putnam Ultra Short Duration Income Fund (PSDYX) and JPMorgan Ultra-Short Income ETF (JPST).
PSDYX is managed by Putnam. It was launched on Oct 17, 2011. JPST is an actively managed fund by JPMorgan Chase. It was launched on May 17, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PSDYX or JPST.
Correlation
The correlation between PSDYX and JPST is 0.23, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
PSDYX vs. JPST - Performance Comparison
Key characteristics
PSDYX:
3.28
JPST:
9.38
PSDYX:
11.21
JPST:
18.47
PSDYX:
3.57
JPST:
4.53
PSDYX:
12.49
JPST:
18.04
PSDYX:
66.58
JPST:
134.91
PSDYX:
0.07%
JPST:
0.04%
PSDYX:
1.50%
JPST:
0.57%
PSDYX:
-2.58%
JPST:
-3.28%
PSDYX:
-0.39%
JPST:
-0.24%
Returns By Period
In the year-to-date period, PSDYX achieves a 0.51% return, which is significantly lower than JPST's 1.17% return.
PSDYX
0.51%
-0.30%
1.67%
4.93%
3.05%
2.23%
JPST
1.17%
0.12%
2.07%
5.29%
3.12%
N/A
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PSDYX vs. JPST - Expense Ratio Comparison
PSDYX has a 0.30% expense ratio, which is higher than JPST's 0.18% expense ratio.
Risk-Adjusted Performance
PSDYX vs. JPST — Risk-Adjusted Performance Rank
PSDYX
JPST
PSDYX vs. JPST - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Putnam Ultra Short Duration Income Fund (PSDYX) and JPMorgan Ultra-Short Income ETF (JPST). 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.
Dividends
PSDYX vs. JPST - Dividend Comparison
PSDYX's dividend yield for the trailing twelve months is around 4.71%, less than JPST's 4.99% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PSDYX Putnam Ultra Short Duration Income Fund | 4.71% | 5.21% | 4.85% | 1.77% | 0.38% | 1.09% | 2.52% | 2.21% | 1.27% | 0.89% | 0.57% | 0.63% |
JPST JPMorgan Ultra-Short Income ETF | 4.99% | 5.16% | 4.79% | 1.83% | 0.73% | 1.43% | 2.69% | 2.07% | 0.96% | 0.00% | 0.00% | 0.00% |
Drawdowns
PSDYX vs. JPST - Drawdown Comparison
The maximum PSDYX drawdown since its inception was -2.58%, smaller than the maximum JPST drawdown of -3.28%. Use the drawdown chart below to compare losses from any high point for PSDYX and JPST. For additional features, visit the drawdowns tool.
Volatility
PSDYX vs. JPST - Volatility Comparison
Putnam Ultra Short Duration Income Fund (PSDYX) and JPMorgan Ultra-Short Income ETF (JPST) have volatilities of 0.27% and 0.26%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.