PSLAX vs. PGTYX
Compare and contrast key facts about Putnam Small Cap Value Fund (PSLAX) and Putnam Global Technology Fund (PGTYX).
PSLAX is managed by Putnam. It was launched on Apr 12, 1999. PGTYX is managed by Putnam. It was launched on Dec 17, 2008.
Performance
PSLAX vs. PGTYX - Performance Comparison
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PSLAX vs. PGTYX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PSLAX Putnam Small Cap Value Fund | 1.42% | 5.26% | 6.19% | 23.54% | -13.42% | 39.51% | 3.60% | 24.33% | -20.19% | 7.55% |
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, PSLAX achieves a 1.42% return, which is significantly higher than PGTYX's -3.79% return. Over the past 10 years, PSLAX has underperformed PGTYX with an annualized return of 9.16%, while PGTYX has yielded a comparatively higher 21.36% annualized return.
PSLAX
- 1D
- 2.22%
- 1M
- -6.23%
- YTD
- 1.42%
- 6M
- 2.63%
- 1Y
- 14.84%
- 3Y*
- 12.33%
- 5Y*
- 6.09%
- 10Y*
- 9.16%
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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PSLAX vs. PGTYX - Expense Ratio Comparison
PSLAX has a 1.15% expense ratio, which is higher than PGTYX's 0.62% expense ratio.
Return for Risk
PSLAX vs. PGTYX — Risk / Return Rank
PSLAX
PGTYX
PSLAX vs. PGTYX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Putnam Small Cap Value Fund (PSLAX) 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.
| PSLAX | PGTYX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.66 | 1.31 | -0.65 |
Sortino ratioReturn per unit of downside risk | 1.08 | 1.90 | -0.82 |
Omega ratioGain probability vs. loss probability | 1.14 | 1.27 | -0.13 |
Calmar ratioReturn relative to maximum drawdown | 1.05 | 2.50 | -1.44 |
Martin ratioReturn relative to average drawdown | 3.41 | 7.91 | -4.50 |
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
| PSLAX | PGTYX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.66 | 1.31 | -0.65 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.28 | 0.44 | -0.16 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.39 | 0.90 | -0.51 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.38 | 0.85 | -0.48 |
Correlation
The correlation between PSLAX and PGTYX is 0.65, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
PSLAX vs. PGTYX - Dividend Comparison
PSLAX's dividend yield for the trailing twelve months is around 6.72%, less than PGTYX's 11.26% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PSLAX Putnam Small Cap Value Fund | 6.72% | 6.81% | 5.67% | 1.21% | 8.40% | 0.20% | 0.90% | 1.33% | 21.52% | 38.15% | 0.66% | 5.38% |
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
PSLAX vs. PGTYX - Drawdown Comparison
The maximum PSLAX drawdown since its inception was -69.37%, which is greater than PGTYX's maximum drawdown of -42.09%. Use the drawdown chart below to compare losses from any high point for PSLAX and PGTYX.
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Drawdown Indicators
| PSLAX | PGTYX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.37% | -42.09% | -27.28% |
Max Drawdown (1Y)Largest decline over 1 year | -14.16% | -14.51% | +0.35% |
Max Drawdown (5Y)Largest decline over 5 years | -25.63% | -42.09% | +16.46% |
Max Drawdown (10Y)Largest decline over 10 years | -52.81% | -42.09% | -10.72% |
Current DrawdownCurrent decline from peak | -7.94% | -9.61% | +1.67% |
Average DrawdownAverage peak-to-trough decline | -12.22% | -6.66% | -5.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.37% | 4.58% | -0.21% |
Volatility
PSLAX vs. PGTYX - Volatility Comparison
The current volatility for Putnam Small Cap Value Fund (PSLAX) is 6.21%, while Putnam Global Technology Fund (PGTYX) has a volatility of 9.40%. This indicates that PSLAX 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
| PSLAX | PGTYX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.21% | 9.40% | -3.19% |
Volatility (6M)Calculated over the trailing 6-month period | 13.35% | 17.20% | -3.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.77% | 28.33% | -5.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.85% | 24.75% | -2.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.57% | 23.91% | -0.34% |