SAIFX vs. PMYYX

Last updated Jun 23, 2026

SAIFX (ClearBridge Large Cap Value Fund) and PMYYX (Putnam Multi-Cap Core Fund) are both mutual funds - SAIFX is a Large Cap Value Equities fund managed by Franklin Templeton, while PMYYX is a Large Cap Blend Equities fund managed by Putnam. Over the past 10 years, SAIFX returned 10.84%/yr vs 16.45%/yr for PMYYX. Their correlation of 0.89 suggests significant overlap in exposure. SAIFX charges 0.56%/yr vs 0.71%/yr for PMYYX.

Performance

SAIFX vs. PMYYX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ClearBridge Large Cap Value Fund (SAIFX) and Putnam Multi-Cap Core Fund (PMYYX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SAIFX achieves a 9.78% return, which is significantly higher than PMYYX's 7.62% return. Over the past 10 years, SAIFX has underperformed PMYYX with an annualized return of 10.84%, while PMYYX has yielded a comparatively higher 16.45% annualized return.

SAIFX

• 1D: 0.38%
• 1M: 1.09%
• YTD: 9.78%
• 6M: 9.67%
• 1Y: 21.78%
• 3Y*: 13.18%
• 5Y*: 9.37%
• 10Y*: 10.84%

PMYYX

• 1D: 0.86%
• 1M: 0.72%
• YTD: 7.62%
• 6M: 7.06%
• 1Y: 25.46%
• 3Y*: 20.68%
• 5Y*: 13.90%
• 10Y*: 16.45%

*Multi-year figures are annualized to reflect compound growth (CAGR)

SAIFX vs. PMYYX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SAIFX ClearBridge Large Cap Value Fund	9.78%	10.57%	8.54%	15.07%	-6.41%	25.88%	5.93%	28.68%	-8.78%	14.44%
PMYYX Putnam Multi-Cap Core Fund	7.62%	17.33%	26.46%	27.98%	-15.94%	30.93%	17.69%	32.52%	-7.91%	24.00%

Correlation

The correlation between SAIFX and PMYYX is 0.72, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.72
Correlation (3Y) Calculated over the trailing 3-year period	0.76
Correlation (5Y) Calculated over the trailing 5-year period	0.84
Correlation (10Y) Calculated over the trailing 10-year period	0.87
Correlation (All Time) Calculated using the full available price history since Aug 3, 2012	0.89

The correlation between SAIFX and PMYYX shifts across timeframes, from 0.72 (1 year) to 0.89 (all time), reflecting how their relationship changes across market environments.

Return for Risk

SAIFX vs. PMYYX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SAIFX

SAIFX Risk / Return Rank: 63
SAIFX Sharpe Ratio Rank: 61
SAIFX Sortino Ratio Rank: 63
SAIFX Omega Ratio Rank: 57
SAIFX Calmar Ratio Rank: 69
SAIFX Martin Ratio Rank: 67

PMYYX

PMYYX Risk / Return Rank: 53
PMYYX Sharpe Ratio Rank: 55
PMYYX Sortino Ratio Rank: 51
PMYYX Omega Ratio Rank: 53
PMYYX Calmar Ratio Rank: 48
PMYYX Martin Ratio Rank: 58

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SAIFX vs. PMYYX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ClearBridge Large Cap Value Fund (SAIFX) and Putnam Multi-Cap Core Fund (PMYYX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	SAIFX	PMYYX	Difference
Sharpe ratio: Return per unit of total volatility	2.11	2.02	+0.09
Sortino ratio: Return per unit of downside risk	3.03	2.77	+0.26
Omega ratio: Gain probability vs. loss probability	1.38	1.36	+0.02
Calmar ratio: Return relative to maximum drawdown	3.06	2.53	+0.53
Martin ratio: Return relative to average drawdown	12.19	10.93	+1.26

SAIFX vs. PMYYX - Sharpe Ratio Comparison

The current SAIFX Sharpe Ratio is 2.11, which is comparable to the PMYYX Sharpe Ratio of 2.02. The chart below compares the historical Sharpe Ratios of SAIFX and PMYYX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SAIFX vs. PMYYX - Drawdown Comparison

The maximum SAIFX drawdown since its inception was -53.58%, which is greater than PMYYX's maximum drawdown of -35.25%. Use the drawdown chart below to compare losses from any high point for SAIFX and PMYYX.

Drawdown Indicators

	SAIFX	PMYYX	Difference
Max Drawdown Largest peak-to-trough decline	-53.58%	-35.25%	-18.33%
Max Drawdown (1Y) Largest decline over 1 year	-7.11%	-10.02%	+2.91%
Max Drawdown (3Y) Largest decline over 3 years	-17.65%	-18.92%	+1.27%
Max Drawdown (5Y) Largest decline over 5 years	-19.79%	-23.52%	+3.73%
Max Drawdown (10Y) Largest decline over 10 years	-35.51%	-35.25%	-0.26%
Current Drawdown Current decline from peak	-0.51%	-1.03%	+0.52%
Average Drawdown Average peak-to-trough decline	-6.73%	-4.11%	-2.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.78%	2.31%	-0.53%

Volatility

SAIFX vs. PMYYX - Volatility Comparison

The current volatility for ClearBridge Large Cap Value Fund (SAIFX) is 2.97%, while Putnam Multi-Cap Core Fund (PMYYX) has a volatility of 4.50%. This indicates that SAIFX experiences smaller price fluctuations and is considered to be less risky than PMYYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SAIFX	PMYYX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.97%	4.50%	-1.53%
Volatility (6M) Calculated over the trailing 6-month period	7.58%	9.88%	-2.30%
Volatility (1Y) Calculated over the trailing 1-year period	10.31%	12.51%	-2.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.59%	16.89%	-1.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.38%	18.43%	-1.05%

SAIFX vs. PMYYX - Expense Ratio Comparison

SAIFX has a 0.56% expense ratio, which is lower than PMYYX's 0.71% expense ratio.

Dividends

SAIFX vs. PMYYX - Dividend Comparison

SAIFX's dividend yield for the trailing twelve months is around 10.90%, more than PMYYX's 2.57% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PMYYX Putnam Multi-Cap Core Fund	2.57%	2.76%	4.47%	2.62%	5.26%	9.25%	2.41%	4.76%	2.36%	2.71%	1.21%	1.26%
SAIFX ClearBridge Large Cap Value Fund	10.90%	11.93%	11.70%	3.18%	1.50%	5.09%	8.07%	6.56%	8.25%	2.81%	2.29%	3.83%

Frequently Asked Questions

Can I hold both SAIFX and PMYYX in my portfolio?

SAIFX and PMYYX have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SAIFX or PMYYX?

PMYYX has higher volatility (4.50%) compared to SAIFX (2.97%). In terms of maximum drawdown, SAIFX dropped -53.58% vs PMYYX's -35.25%.

Which has better risk-adjusted returns?

SAIFX currently has the higher Sharpe Ratio (2.11 vs 2.02), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.