SNPE vs. PMYYX

Last updated Jun 4, 2026

SNPE (Xtrackers S&P 500 ESG ETF) and PMYYX (Putnam Multi-Cap Core Fund) are both funds - SNPE is a S&P 500 fund tracking the S&P 500 ESG Index, while PMYYX is a Large Cap Blend Equities fund managed by Putnam. Over the past 5 years, SNPE returned 14.46%/yr vs 13.80%/yr for PMYYX. With a 0.96 correlation, they move nearly in lockstep. SNPE charges 0.10%/yr vs 0.71%/yr for PMYYX.

Performance

SNPE vs. PMYYX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Xtrackers S&P 500 ESG ETF (SNPE) 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, SNPE achieves a 9.73% return, which is significantly higher than PMYYX's 8.74% return.

SNPE

• 1D: -0.74%
• 1M: 4.56%
• YTD: 9.73%
• 6M: 10.34%
• 1Y: 30.35%
• 3Y*: 21.76%
• 5Y*: 14.46%
• 10Y*: —

PMYYX

• 1D: 0.09%
• 1M: 5.24%
• YTD: 8.74%
• 6M: 9.42%
• 1Y: 27.23%
• 3Y*: 22.38%
• 5Y*: 13.80%
• 10Y*: 16.38%

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

SNPE vs. PMYYX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
SNPE Xtrackers S&P 500 ESG ETF	9.73%	18.56%	23.85%	27.79%	-17.67%	31.43%	19.84%	12.92%
PMYYX Putnam Multi-Cap Core Fund	8.74%	17.33%	26.46%	27.98%	-15.94%	30.93%	17.69%	14.50%

Correlation

The correlation between SNPE and PMYYX is 0.95, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.95
Correlation (3Y) Calculated over the trailing 3-year period	0.96
Correlation (5Y) Calculated over the trailing 5-year period	0.97
Correlation (All Time) Calculated using the full available price history since Jun 27, 2019	0.96

The correlation between SNPE and PMYYX has been stable across timeframes, ranging from 0.95 to 0.97 - a consistent structural relationship.

Return for Risk

SNPE vs. PMYYX — Risk / Return Rank

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

SNPE

SNPE Risk / Return Rank: 74
SNPE Sharpe Ratio Rank: 77
SNPE Sortino Ratio Rank: 78
SNPE Omega Ratio Rank: 75
SNPE Calmar Ratio Rank: 64
SNPE Martin Ratio Rank: 77

PMYYX

PMYYX Risk / Return Rank: 59
PMYYX Sharpe Ratio Rank: 63
PMYYX Sortino Ratio Rank: 58
PMYYX Omega Ratio Rank: 57
PMYYX Calmar Ratio Rank: 54
PMYYX Martin Ratio Rank: 63

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.

SNPE vs. PMYYX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers S&P 500 ESG ETF (SNPE) 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.

	SNPE	PMYYX	Difference
Sharpe ratio Return per unit of total volatility	2.54	2.33	+0.20
Sortino ratio Return per unit of downside risk	3.54	3.21	+0.34
Omega ratio Gain probability vs. loss probability	1.46	1.42	+0.04
Calmar ratio Return relative to maximum drawdown	3.22	2.80	+0.42
Martin ratio Return relative to average drawdown	14.89	12.30	+2.60
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SNPE vs. PMYYX - Sharpe Ratio Comparison

The current SNPE Sharpe Ratio is 2.54, which is comparable to the PMYYX Sharpe Ratio of 2.33. The chart below compares the historical Sharpe Ratios of SNPE 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.

Sharpe Ratios by Period

	SNPE	PMYYX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.54	2.33	+0.20
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.85	0.82	+0.03
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.89	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.88	0.93	-0.05

Drawdowns

SNPE vs. PMYYX - Drawdown Comparison

The maximum SNPE drawdown since its inception was -33.37%, smaller than the maximum PMYYX drawdown of -35.25%. Use the drawdown chart below to compare losses from any high point for SNPE and PMYYX.

Drawdown Indicators

	SNPE	PMYYX	Difference
Max Drawdown Largest peak-to-trough decline	-33.37%	-35.25%	+1.88%
Max Drawdown (1Y) Largest decline over 1 year	-9.46%	-10.02%	+0.56%
Max Drawdown (3Y) Largest decline over 3 years	-19.15%	-18.92%	-0.23%
Max Drawdown (5Y) Largest decline over 5 years	-24.65%	-23.52%	-1.13%
Max Drawdown (10Y) Largest decline over 10 years	—	-35.25%	—
Current Drawdown Current decline from peak	-1.17%	0.00%	-1.17%
Average Drawdown Average peak-to-trough decline	-4.96%	-4.12%	-0.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.04%	2.28%	-0.24%

Volatility

SNPE vs. PMYYX - Volatility Comparison

Xtrackers S&P 500 ESG ETF (SNPE) has a higher volatility of 3.30% compared to Putnam Multi-Cap Core Fund (PMYYX) at 2.99%. This indicates that SNPE's price experiences larger fluctuations and is considered to be riskier than PMYYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SNPE	PMYYX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.30%	2.99%	+0.31%
Volatility (6M) Calculated over the trailing 6-month period	9.11%	9.08%	+0.03%
Volatility (1Y) Calculated over the trailing 1-year period	12.03%	12.01%	+0.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.10%	16.81%	+0.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.67%	18.40%	+1.27%

SNPE vs. PMYYX - Expense Ratio Comparison

SNPE has a 0.10% expense ratio, which is lower than PMYYX's 0.71% expense ratio.

Dividends

SNPE vs. PMYYX - Dividend Comparison

SNPE's dividend yield for the trailing twelve months is around 0.91%, less than PMYYX's 2.54% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PMYYX Putnam Multi-Cap Core Fund	2.54%	2.76%	4.47%	2.62%	5.26%	9.25%	2.41%	4.76%	2.36%	2.71%	1.21%	1.26%
SNPE Xtrackers S&P 500 ESG ETF	0.91%	1.01%	1.17%	1.32%	1.65%	1.08%	1.42%	1.20%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SNPE and PMYYX in my portfolio?

With a correlation of 0.95, SNPE and PMYYX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, SNPE or PMYYX?

SNPE has higher volatility (3.30%) compared to PMYYX (2.99%). In terms of maximum drawdown, SNPE dropped -33.37% vs PMYYX's -35.25%.

Which has better risk-adjusted returns?

SNPE currently has the higher Sharpe Ratio (2.54 vs 2.33), 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.