PYTRX vs. PGOYX
Compare and contrast key facts about Putnam Fixed Income Absolute Return Fund (PYTRX) and Putnam Large Cap Growth Y (PGOYX).
PYTRX is managed by Putnam. It was launched on Dec 22, 2008. PGOYX is managed by Putnam. It was launched on Aug 27, 1999.
Performance
PYTRX vs. PGOYX - Performance Comparison
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PYTRX vs. PGOYX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PYTRX Putnam Fixed Income Absolute Return Fund | -0.26% | 6.98% | 1.81% | 4.35% | -2.17% | -4.78% | 0.83% | 8.90% | -0.01% | 5.53% |
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, PYTRX achieves a -0.26% return, which is significantly higher than PGOYX's -9.67% return. Over the past 10 years, PYTRX has underperformed PGOYX with an annualized return of 2.56%, while PGOYX has yielded a comparatively higher 16.81% annualized return.
PYTRX
- 1D
- 0.24%
- 1M
- -1.68%
- YTD
- -0.26%
- 6M
- 0.56%
- 1Y
- 3.96%
- 3Y*
- 3.64%
- 5Y*
- 0.82%
- 10Y*
- 2.56%
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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PYTRX vs. PGOYX - Expense Ratio Comparison
PYTRX has a 0.46% expense ratio, which is lower than PGOYX's 0.65% expense ratio.
Return for Risk
PYTRX vs. PGOYX — Risk / Return Rank
PYTRX
PGOYX
PYTRX vs. PGOYX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Putnam Fixed Income Absolute Return Fund (PYTRX) 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.
| PYTRX | PGOYX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.99 | 0.71 | +0.28 |
Sortino ratioReturn per unit of downside risk | 1.41 | 1.18 | +0.22 |
Omega ratioGain probability vs. loss probability | 1.18 | 1.17 | +0.01 |
Calmar ratioReturn relative to maximum drawdown | 1.56 | 0.98 | +0.58 |
Martin ratioReturn relative to average drawdown | 4.96 | 3.34 | +1.62 |
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
| PYTRX | PGOYX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.99 | 0.71 | +0.28 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.17 | 0.51 | -0.34 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.64 | 0.80 | -0.15 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.58 | 0.32 | +0.26 |
Correlation
The correlation between PYTRX and PGOYX is 0.25, 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.
Dividends
PYTRX vs. PGOYX - Dividend Comparison
PYTRX's dividend yield for the trailing twelve months is around 4.02%, less than PGOYX's 5.79% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PYTRX Putnam Fixed Income Absolute Return Fund | 4.02% | 4.02% | 4.31% | 4.43% | 4.38% | 3.67% | 3.44% | 4.02% | 2.49% | 4.76% | 3.40% | 4.96% |
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
PYTRX vs. PGOYX - Drawdown Comparison
The maximum PYTRX drawdown since its inception was -12.75%, smaller than the maximum PGOYX drawdown of -76.03%. Use the drawdown chart below to compare losses from any high point for PYTRX and PGOYX.
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Drawdown Indicators
| PYTRX | PGOYX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.75% | -76.03% | +63.28% |
Max Drawdown (1Y)Largest decline over 1 year | -2.86% | -16.34% | +13.48% |
Max Drawdown (5Y)Largest decline over 5 years | -12.45% | -34.01% | +21.56% |
Max Drawdown (10Y)Largest decline over 10 years | -12.75% | -34.01% | +21.26% |
Current DrawdownCurrent decline from peak | -2.15% | -13.24% | +11.09% |
Average DrawdownAverage peak-to-trough decline | -2.46% | -31.72% | +29.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.90% | 4.78% | -3.88% |
Volatility
PYTRX vs. PGOYX - Volatility Comparison
The current volatility for Putnam Fixed Income Absolute Return Fund (PYTRX) is 1.81%, while Putnam Large Cap Growth Y (PGOYX) has a volatility of 6.88%. This indicates that PYTRX 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
| PYTRX | PGOYX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.81% | 6.88% | -5.07% |
Volatility (6M)Calculated over the trailing 6-month period | 2.68% | 12.72% | -10.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.28% | 22.41% | -18.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.82% | 21.68% | -16.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.99% | 21.15% | -17.16% |