VEIPX vs. PEYAX
Compare and contrast key facts about Vanguard Equity Income Fund Investor Shares (VEIPX) and Putnam Large Cap Value Fund (PEYAX).
VEIPX is managed by Vanguard. It was launched on Mar 21, 1988. PEYAX is managed by Putnam. It was launched on Jun 15, 1977.
Performance
VEIPX vs. PEYAX - Performance Comparison
Loading graphics...
VEIPX vs. PEYAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VEIPX Vanguard Equity Income Fund Investor Shares | -0.15% | 17.14% | 14.80% | 7.66% | -0.16% | 25.41% | 2.97% | 25.21% | -5.75% | 17.60% |
PEYAX Putnam Large Cap Value Fund | -1.32% | 20.09% | 18.99% | 15.09% | -8.37% | 26.84% | 5.87% | 29.94% | -8.63% | 18.79% |
Returns By Period
In the year-to-date period, VEIPX achieves a -0.15% return, which is significantly higher than PEYAX's -1.32% return. Over the past 10 years, VEIPX has underperformed PEYAX with an annualized return of 11.06%, while PEYAX has yielded a comparatively higher 12.25% annualized return.
VEIPX
- 1D
- 0.05%
- 1M
- -6.02%
- YTD
- -0.15%
- 6M
- 3.42%
- 1Y
- 13.87%
- 3Y*
- 13.89%
- 5Y*
- 10.46%
- 10Y*
- 11.06%
PEYAX
- 1D
- -0.15%
- 1M
- -6.34%
- YTD
- -1.32%
- 6M
- 4.60%
- 1Y
- 15.85%
- 3Y*
- 16.83%
- 5Y*
- 11.15%
- 10Y*
- 12.25%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
VEIPX vs. PEYAX - Expense Ratio Comparison
VEIPX has a 0.28% expense ratio, which is lower than PEYAX's 0.88% expense ratio.
Return for Risk
VEIPX vs. PEYAX — Risk / Return Rank
VEIPX
PEYAX
VEIPX vs. PEYAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Equity Income Fund Investor Shares (VEIPX) and Putnam Large Cap Value Fund (PEYAX). 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.
| VEIPX | PEYAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.00 | 1.11 | -0.11 |
Sortino ratioReturn per unit of downside risk | 1.45 | 1.57 | -0.12 |
Omega ratioGain probability vs. loss probability | 1.22 | 1.24 | -0.02 |
Calmar ratioReturn relative to maximum drawdown | 1.26 | 1.31 | -0.05 |
Martin ratioReturn relative to average drawdown | 5.61 | 5.88 | -0.27 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| VEIPX | PEYAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.00 | 1.11 | -0.11 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.76 | 0.76 | -0.01 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.68 | 0.72 | -0.04 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.64 | 0.36 | +0.28 |
Correlation
The correlation between VEIPX and PEYAX is 0.94, 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.
Dividends
VEIPX vs. PEYAX - Dividend Comparison
VEIPX's dividend yield for the trailing twelve months is around 11.02%, more than PEYAX's 5.15% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VEIPX Vanguard Equity Income Fund Investor Shares | 11.02% | 10.94% | 9.74% | 7.87% | 8.69% | 7.62% | 2.77% | 4.36% | 10.87% | 2.98% | 3.78% | 6.39% |
PEYAX Putnam Large Cap Value Fund | 5.15% | 5.36% | 6.80% | 4.93% | 1.21% | 7.09% | 5.97% | 3.79% | 5.67% | 3.31% | 2.27% | 5.86% |
Drawdowns
VEIPX vs. PEYAX - Drawdown Comparison
The maximum VEIPX drawdown since its inception was -54.12%, roughly equal to the maximum PEYAX drawdown of -56.92%. Use the drawdown chart below to compare losses from any high point for VEIPX and PEYAX.
Loading graphics...
Drawdown Indicators
| VEIPX | PEYAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.12% | -56.92% | +2.80% |
Max Drawdown (1Y)Largest decline over 1 year | -10.97% | -11.77% | +0.80% |
Max Drawdown (5Y)Largest decline over 5 years | -15.16% | -15.31% | +0.15% |
Max Drawdown (10Y)Largest decline over 10 years | -35.26% | -36.06% | +0.80% |
Current DrawdownCurrent decline from peak | -6.85% | -7.23% | +0.38% |
Average DrawdownAverage peak-to-trough decline | -5.52% | -14.10% | +8.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.47% | 2.63% | -0.16% |
Volatility
VEIPX vs. PEYAX - Volatility Comparison
The current volatility for Vanguard Equity Income Fund Investor Shares (VEIPX) is 3.14%, while Putnam Large Cap Value Fund (PEYAX) has a volatility of 3.58%. This indicates that VEIPX experiences smaller price fluctuations and is considered to be less risky than PEYAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| VEIPX | PEYAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.14% | 3.58% | -0.44% |
Volatility (6M)Calculated over the trailing 6-month period | 7.69% | 7.95% | -0.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.00% | 15.36% | -0.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.91% | 14.68% | -0.77% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.29% | 17.05% | -0.76% |