PSDYX vs. PGTYX
Compare and contrast key facts about Putnam Ultra Short Duration Income Fund (PSDYX) and Putnam Global Technology Fund (PGTYX).
PSDYX is managed by Putnam. It was launched on Oct 17, 2011. PGTYX is managed by Putnam. It was launched on Dec 17, 2008.
Performance
PSDYX vs. PGTYX - Performance Comparison
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PSDYX vs. PGTYX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PSDYX Putnam Ultra Short Duration Income Fund | 0.38% | 4.99% | 5.25% | 4.78% | 0.61% | 0.07% | 1.50% | 2.86% | 1.95% | 1.40% |
PGTYX Putnam Global Technology Fund | -3.79% | 23.31% | 27.88% | 53.82% | -32.30% | 11.72% | 70.92% | 47.50% | -6.72% | 47.05% |
Returns By Period
In the year-to-date period, PSDYX achieves a 0.38% return, which is significantly higher than PGTYX's -3.79% return. Over the past 10 years, PSDYX has underperformed PGTYX with an annualized return of 2.45%, while PGTYX has yielded a comparatively higher 21.36% annualized return.
PSDYX
- 1D
- 0.00%
- 1M
- -0.30%
- YTD
- 0.38%
- 6M
- 1.42%
- 1Y
- 4.05%
- 3Y*
- 4.71%
- 5Y*
- 3.19%
- 10Y*
- 2.45%
PGTYX
- 1D
- 4.59%
- 1M
- -4.99%
- YTD
- -3.79%
- 6M
- -4.08%
- 1Y
- 35.25%
- 3Y*
- 23.60%
- 5Y*
- 10.79%
- 10Y*
- 21.36%
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PSDYX vs. PGTYX - Expense Ratio Comparison
PSDYX has a 0.30% expense ratio, which is lower than PGTYX's 0.62% expense ratio.
Return for Risk
PSDYX vs. PGTYX — Risk / Return Rank
PSDYX
PGTYX
PSDYX vs. PGTYX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Putnam Ultra Short Duration Income Fund (PSDYX) and Putnam Global Technology Fund (PGTYX). 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.
| PSDYX | PGTYX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.88 | 1.31 | +1.58 |
Sortino ratioReturn per unit of downside risk | 8.25 | 1.90 | +6.35 |
Omega ratioGain probability vs. loss probability | 2.68 | 1.27 | +1.41 |
Calmar ratioReturn relative to maximum drawdown | 9.02 | 2.50 | +6.53 |
Martin ratioReturn relative to average drawdown | 35.56 | 7.91 | +27.65 |
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
| PSDYX | PGTYX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.88 | 1.31 | +1.58 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 2.52 | 0.44 | +2.08 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 2.37 | 0.90 | +1.47 |
Sharpe Ratio (All Time)Calculated using the full available price history | 2.15 | 0.85 | +1.30 |
Correlation
The correlation between PSDYX and PGTYX is -0.00. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Dividends
PSDYX vs. PGTYX - Dividend Comparison
PSDYX's dividend yield for the trailing twelve months is around 4.17%, less than PGTYX's 11.26% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PSDYX Putnam Ultra Short Duration Income Fund | 4.17% | 4.65% | 4.81% | 3.65% | 1.30% | 0.37% | 1.09% | 2.51% | 2.23% | 1.29% | 0.88% | 0.57% |
PGTYX Putnam Global Technology Fund | 11.26% | 10.83% | 6.40% | 0.57% | 1.71% | 21.15% | 13.60% | 2.63% | 9.44% | 6.75% | 1.01% | 4.56% |
Drawdowns
PSDYX vs. PGTYX - Drawdown Comparison
The maximum PSDYX drawdown since its inception was -2.58%, smaller than the maximum PGTYX drawdown of -42.09%. Use the drawdown chart below to compare losses from any high point for PSDYX and PGTYX.
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Drawdown Indicators
| PSDYX | PGTYX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -2.58% | -42.09% | +39.51% |
Max Drawdown (1Y)Largest decline over 1 year | -0.49% | -14.51% | +14.02% |
Max Drawdown (5Y)Largest decline over 5 years | -0.80% | -42.09% | +41.29% |
Max Drawdown (10Y)Largest decline over 10 years | -2.58% | -42.09% | +39.51% |
Current DrawdownCurrent decline from peak | -0.39% | -9.61% | +9.22% |
Average DrawdownAverage peak-to-trough decline | -0.07% | -6.66% | +6.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.12% | 4.58% | -4.46% |
Volatility
PSDYX vs. PGTYX - Volatility Comparison
The current volatility for Putnam Ultra Short Duration Income Fund (PSDYX) is 0.22%, while Putnam Global Technology Fund (PGTYX) has a volatility of 9.40%. This indicates that PSDYX experiences smaller price fluctuations and is considered to be less risky than PGTYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PSDYX | PGTYX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.22% | 9.40% | -9.18% |
Volatility (6M)Calculated over the trailing 6-month period | 0.97% | 17.20% | -16.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.45% | 28.33% | -26.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.27% | 24.75% | -23.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.04% | 23.91% | -22.87% |