Principal MidCap Fund Class A (PEMGX) Sharpe Ratio: -0.59

PEMGX's Sharpe Ratio of -0.59 indicates that for each unit of volatility, it generates -0.59 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Apr 1, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets.

PEMGX Sharpe Ratio Rank

Concerning

PEMGX ranks above 1.1% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating weak returns relative to total risk taken. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

Strong returns with low total volatility → Higher rank
High volatility (both upside and downside) → Lower rank
Consistent returns → Higher rank than volatile returns of same magnitude
Sharp drawdowns increase volatility → Lower rank

What you can do with this information

Weak risk-adjusted returns relative to category peers
Evaluate whether this holding aligns with your risk-return objectives
Consider reducing exposure or re-evaluating position size
Review higher-ranked alternatives in the same category

PEMGX Sharpe Ratio Market Positioning

The chart shows PEMGX's Sharpe Ratio relative to all mutual funds on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

Red zone (bottom 25%): 0.66 or lower
Yellow zone (middle 50%): 0.66 to 1.36
Green zone (top 25%): 1.36 or higher
Top 1%: 3.58+
Median: 1.00 — half of all investments score higher

How it compares to other similar mutual funds

The table compares Principal MidCap Fund Class A's Sharpe Ratio with other mutual funds in the Mid Cap Blend Equities category across multiple time periods, showing how PEMGX's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Apr 1, 2026.

Symbol	Name	1Y Sharpe Ratio
MISIX	Victory Trivalent International Small-Cap Fund Class I	1.97
GABVX	Gabelli Value 25 Fund	1.49
PFSLX	Paradigm Select Fund	1.42
TARKX	Tarkio Fund	1.30
BIGTX	The Texas Fund	1.22
GENIX	Gotham Enhanced Return Fund	1.17
UMBMX	Carillon Scout Mid Cap Fund	1.14
ATGAX	Aquila Opportunity Growth Fund	1.12
VSEQX	Vanguard Strategic Equity Fund	1.07
DSMFX	Destinations Small-Mid Cap Equity Fund	1.06
PEMGX	Principal MidCap Fund Class A	-0.59

Benchmark Against

Benchmark

S&P 500 Index

Lookback Period

How to choose period

Historical Sharpe Ratio

The chart shows PEMGX's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when PEMGX consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Explore PEMGX risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

PEMGX Sortino Ratio