Principal Large Cap S&P 500 Index Fund Institutional (PLFIX) belongs to the S&P 500 category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with PLFIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PLFIX
PLFIX charges 0.11% annually. There are 9 mutual funds in the S&P 500 category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| iShares S&P 500 Index Fund Class G | 0.01% | — | Jul 2019 | PLFIX vs BSPGX | |
| State Street Equity 500 Index Fund Class K | 0.02% | — | Sep 2014 | PLFIX vs SSSYX | |
| Vanguard Institutional Index Fund Institutional Pl... | 0.02% | 349.70B | Jul 1997 | PLFIX vs VIIIX | |
| Schwab S&P 500 Index Fund | 0.02% | 144.34B | May 1997 | PLFIX vs SWPPX | |
| Fidelity 500 Index Fund | 0.02% | — | Feb 1988 | PLFIX vs FXAIX |
Best Risk-Adjusted Alternatives to PLFIX
PLFIX has a PortfoliosLab risk / return rank of 60. There are 14 mutual funds in the S&P 500 category with higher risk-adjusted ranks, going as high as 69.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco Equally-Weighted S&P 500 Fund | 69 | — | Jul 1997 | PLFIX vs VADDX | |
| Fidelity 500 Index Fund | 64 | — | Feb 1988 | PLFIX vs FXAIX | |
| Vanguard Institutional Index Fund Institutional Pl... | 63 | 349.70B | Jul 1997 | PLFIX vs VIIIX | |
| Schwab S&P 500 Index Fund | 63 | 144.34B | May 1997 | PLFIX vs SWPPX | |
| Vanguard 500 Index Fund Admiral Shares | 63 | 1.70T | Nov 2000 | PLFIX vs VFIAX |
Top Performing PLFIX Alternatives (YTD)
PLFIX is at 9.30% YTD. There are 13 mutual funds in the S&P 500 category with higher YTD returns, going as high as 13.28%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco Equally-Weighted S&P 500 Fund | 13.28% | — | Jul 1997 | PLFIX vs VADDX | |
| Direxion Monthly S&P 500 Bull 1.75X Fund | 12.36% | — | May 2006 | PLFIX vs DXSLX | |
| CBOE Vest S&P 500 Dividend Aristocrats Target Inco... | 9.49% | — | Sep 2017 | PLFIX vs KNGLX | |
| Victory 500 Index Fund | 9.38% | — | May 2002 | PLFIX vs USPRX | |
| iShares S&P 500 Index Fund Class G | 9.35% | — | Jul 2019 | PLFIX vs BSPGX |
Lowest Volatility Alternatives to PLFIX
PLFIX has 12.85% 1-year volatility. There are 6 mutual funds in the S&P 500 category with lower 1-year volatility, going as low as 11.38%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| CBOE Vest S&P 500 Dividend Aristocrats Target Inco... | 11.38% | — | Sep 2017 | PLFIX vs KNGLX | |
| Invesco Equally-Weighted S&P 500 Fund | 11.79% | — | Jul 1997 | PLFIX vs VADDX | |
| Shelton Capital Management S&P 500 Index Fund | 12.80% | — | Apr 1992 | PLFIX vs SPFIX | |
| CYBER HORNET S&P 500 | 12.83% | — | Mar 2017 | PLFIX vs INDEX | |
| Principal LargeCap S&P 500 Index Fund Class A | 12.84% | — | Feb 2001 | PLFIX vs PLSAX |
Lowest Drawdown Alternatives to PLFIX
PLFIX has a 1-year max drawdown of -8.90%. There are 4 mutual funds in the S&P 500 category with shallower 1-year drawdowns, going as shallow as -7.88%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco Equally-Weighted S&P 500 Fund | -7.88% | — | Jul 1997 | PLFIX vs VADDX | |
| State Street Equity 500 Index Fund Class K | -8.88% | — | Sep 2014 | PLFIX vs SSSYX | |
| Schwab S&P 500 Index Fund | -8.89% | 144.34B | May 1997 | PLFIX vs SWPPX | |
| Fidelity 500 Index Fund | -8.89% | — | Feb 1988 | PLFIX vs FXAIX | |
| iShares S&P 500 Index Fund Class G | -8.90% | — | Jul 2019 | PLFIX vs BSPGX |
Other Mutual Funds from Principal
The 10 most viewed Principal mutual funds shown here include PCBIX, PLGIX, PMAQX and span 5 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Principal MidCap Fund Institutional Class | Mid Cap Growth Equities | 1 | -3.74% | — | Dec 2000 | PLFIX vs PCBIX | |
| Principal LargeCap Growth Fund I | Large Cap Growth Equities | 5 | -1.62% | — | Dec 2000 | PLFIX vs PLGIX | |
| Principal MidCap R6 | Mid Cap Growth Equities | 1 | -3.68% | — | Nov 2016 | PLFIX vs PMAQX | |
| Principal LifeTime 2055 Fund | Target Retirement Date | 49 | 8.75% | — | Feb 2008 | PLFIX vs LTFIX | |
| Principal Capital Appreciation Fund | Large Cap Blend Equities | 42 | 8.06% | — | Nov 1986 | PLFIX vs CMNWX | |
| Principal Blue Chip Fund | Large Cap Growth Equities | 2 | -2.47% | — | Jun 2012 | PLFIX vs PBCKX | |
| Principal Global Multi-Strategy Fund | Multistrategy | 97 | 5.75% | — | Oct 2011 | PLFIX vs PSMIX | |
| Principal LifeTime 2045 Fund | Target Retirement Date | 49 | 7.81% | — | Feb 2008 | PLFIX vs LTRIX | |
| Principal LifeTime 2040 Fund | Target Retirement Date | 49 | 6.90% | — | Feb 2001 | PLFIX vs PTDIX | |
| Principal LifeTime 2030 Fund | Target Retirement Date | 50 | 5.18% | — | Feb 2001 | PLFIX vs PMTIX |
Often Compared With PLFIX
Investors most often compare PLFIX with SPIAX, SACAX, BSPIX. These 20 comparison targets span 7 categories, based on PortfoliosLab usage data.
Compare PLFIX with Any Fund or Stock
Compare PLFIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PLFIX with funds that move differently
Principal Large Cap S&P 500 Index Fund Institutional alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PLFIX.
Explore PLFIX Diversifiers