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SMGIX vs. PNRAX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between SMGIX and PNRAX is 0.95, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.01.0

Performance

SMGIX vs. PNRAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Columbia Contrarian Core Fund (SMGIX) and Putnam Research Fund (PNRAX). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
-1.72%
1.50%
SMGIX
PNRAX

Key characteristics

Sharpe Ratio

SMGIX:

0.99

PNRAX:

1.38

Sortino Ratio

SMGIX:

1.24

PNRAX:

1.74

Omega Ratio

SMGIX:

1.22

PNRAX:

1.28

Calmar Ratio

SMGIX:

1.29

PNRAX:

1.77

Martin Ratio

SMGIX:

5.46

PNRAX:

7.27

Ulcer Index

SMGIX:

2.77%

PNRAX:

2.75%

Daily Std Dev

SMGIX:

15.39%

PNRAX:

14.59%

Max Drawdown

SMGIX:

-50.62%

PNRAX:

-61.03%

Current Drawdown

SMGIX:

-10.22%

PNRAX:

-8.87%

Returns By Period

In the year-to-date period, SMGIX achieves a 14.60% return, which is significantly lower than PNRAX's 19.34% return. Over the past 10 years, SMGIX has outperformed PNRAX with an annualized return of 11.81%, while PNRAX has yielded a comparatively lower 8.08% annualized return.


SMGIX

YTD

14.60%

1M

-7.85%

6M

-1.29%

1Y

15.01%

5Y*

13.46%

10Y*

11.81%

PNRAX

YTD

19.34%

1M

-7.08%

6M

1.88%

1Y

19.88%

5Y*

9.92%

10Y*

8.08%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


SMGIX vs. PNRAX - Expense Ratio Comparison

SMGIX has a 0.75% expense ratio, which is lower than PNRAX's 1.03% expense ratio.


PNRAX
Putnam Research Fund
Expense ratio chart for PNRAX: current value at 1.03% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.03%
Expense ratio chart for SMGIX: current value at 0.75% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.75%

Risk-Adjusted Performance

SMGIX vs. PNRAX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Columbia Contrarian Core Fund (SMGIX) and Putnam Research Fund (PNRAX). 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.


Sharpe ratio
The chart of Sharpe ratio for SMGIX, currently valued at 0.99, compared to the broader market-1.000.001.002.003.004.000.991.38
The chart of Sortino ratio for SMGIX, currently valued at 1.24, compared to the broader market-2.000.002.004.006.008.0010.001.241.74
The chart of Omega ratio for SMGIX, currently valued at 1.22, compared to the broader market0.501.001.502.002.503.003.501.221.28
The chart of Calmar ratio for SMGIX, currently valued at 1.29, compared to the broader market0.002.004.006.008.0010.0012.0014.001.291.77
The chart of Martin ratio for SMGIX, currently valued at 5.46, compared to the broader market0.0020.0040.0060.005.467.27
SMGIX
PNRAX

The current SMGIX Sharpe Ratio is 0.99, which is comparable to the PNRAX Sharpe Ratio of 1.38. The chart below compares the historical Sharpe Ratios of SMGIX and PNRAX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
0.99
1.38
SMGIX
PNRAX

Dividends

SMGIX vs. PNRAX - Dividend Comparison

Neither SMGIX nor PNRAX has paid dividends to shareholders.


TTM20232022202120202019201820172016201520142013
SMGIX
Columbia Contrarian Core Fund
0.00%0.58%0.57%0.49%0.78%1.08%1.35%0.95%0.91%2.86%0.74%0.75%
PNRAX
Putnam Research Fund
0.00%0.28%1.14%0.00%0.59%0.98%0.42%0.00%1.06%1.19%0.98%0.69%

Drawdowns

SMGIX vs. PNRAX - Drawdown Comparison

The maximum SMGIX drawdown since its inception was -50.62%, smaller than the maximum PNRAX drawdown of -61.03%. Use the drawdown chart below to compare losses from any high point for SMGIX and PNRAX. For additional features, visit the drawdowns tool.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-10.22%
-8.87%
SMGIX
PNRAX

Volatility

SMGIX vs. PNRAX - Volatility Comparison

Columbia Contrarian Core Fund (SMGIX) has a higher volatility of 10.04% compared to Putnam Research Fund (PNRAX) at 8.14%. This indicates that SMGIX's price experiences larger fluctuations and is considered to be riskier than PNRAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
10.04%
8.14%
SMGIX
PNRAX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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