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% | 355.20B | Jul 1997 | PLFIX vs VIIIX | |
| Schwab S&P 500 Index Fund | 0.02% | 143.85B | 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 65. There are 9 mutual funds in the S&P 500 category with higher risk-adjusted ranks, going as high as 65.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Institutional Investments Trust S&P 500 Index ... | 65 | — | Dec 2013 | PLFIX vs SPINX | |
| Fidelity 500 Index Fund | 65 | — | Feb 1988 | PLFIX vs FXAIX | |
| Vanguard Institutional Index Fund Institutional Pl... | 65 | 355.20B | Jul 1997 | PLFIX vs VIIIX | |
| Vanguard Institutional Index Fund Institutional Sh... | 65 | 355.20B | Jul 1990 | PLFIX vs VINIX | |
| State Street Equity 500 Index Fund Class K | 65 | — | Sep 2014 | PLFIX vs SSSYX |
Top Performing PLFIX Alternatives (YTD)
PLFIX is at 9.73% YTD. There are 11 mutual funds in the S&P 500 category with higher YTD returns, going as high as 13.76%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Monthly S&P 500 Bull 1.75X Fund | 13.76% | — | May 2006 | PLFIX vs DXSLX | |
| Invesco Equally-Weighted S&P 500 Fund | 10.27% | — | Jul 1997 | PLFIX vs VADDX | |
| Victory 500 Index Fund | 10.00% | — | May 2002 | PLFIX vs USPRX | |
| Fidelity 500 Index Fund | 9.79% | — | Feb 1988 | PLFIX vs FXAIX | |
| State Street Equity 500 Index Fund Class K | 9.78% | — | Sep 2014 | PLFIX vs SSSYX |
Lowest Volatility Alternatives to PLFIX
PLFIX has 12.48% 1-year volatility. There are 6 mutual funds in the S&P 500 category with lower 1-year volatility, going as low as 9.33%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| WisdomTree Equity Premium Income Fund | 9.33% | 236.88M | Feb 2016 | PLFIX vs PUTW | |
| CBOE Vest S&P 500 Dividend Aristocrats Target Inco... | 10.86% | — | Sep 2017 | PLFIX vs KNGLX | |
| Invesco Equally-Weighted S&P 500 Fund | 11.93% | — | Jul 1997 | PLFIX vs VADDX | |
| Shelton Capital Management S&P 500 Index Fund | 12.45% | — | Apr 1992 | PLFIX vs SPFIX | |
| Nuveen S&P 500 Dynamic Overwrite Fund | 12.45% | — | Nov 2005 | PLFIX vs SPXX |
Lowest Drawdown Alternatives to PLFIX
PLFIX has a 1-year max drawdown of -8.90%. There are 5 mutual funds in the S&P 500 category with shallower 1-year drawdowns, going as shallow as -7.15%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| WisdomTree Equity Premium Income Fund | -7.15% | 236.88M | Feb 2016 | PLFIX vs PUTW | |
| 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% | 143.85B | May 1997 | PLFIX vs SWPPX | |
| Fidelity 500 Index Fund | -8.89% | — | Feb 1988 | PLFIX vs FXAIX |
Other Mutual Funds from Principal
The 10 most viewed Principal mutual funds shown here include PCBIX, PLGIX, CMNWX and span 7 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Principal MidCap Fund Institutional Class | Mid Cap Growth Equities | 1 | -6.91% | — | Dec 2000 | PLFIX vs PCBIX | |
| Principal LargeCap Growth Fund I | Large Cap Growth Equities | 8 | 1.06% | — | Dec 2000 | PLFIX vs PLGIX | |
| Principal Capital Appreciation Fund | Large Cap Blend Equities | 49 | 8.97% | — | Nov 1986 | PLFIX vs CMNWX | |
| Principal Blue Chip Fund | Large Cap Growth Equities | 3 | -5.15% | — | Jun 2012 | PLFIX vs PBCKX | |
| Principal LifeTime 2055 Fund | Target Retirement Date | 46 | 8.64% | — | Feb 2008 | PLFIX vs LTFIX | |
| Principal Global Multi-Strategy Fund | Multistrategy | 96 | 5.41% | — | Oct 2011 | PLFIX vs PSMIX | |
| Principal SAM Strategic Growth Portfolio | Diversified Portfolio | 58 | 11.18% | — | Jul 1996 | PLFIX vs SACAX | |
| Principal LifeTime 2045 Fund | Target Retirement Date | 46 | 7.81% | — | Feb 2008 | PLFIX vs LTRIX | |
| Principal LifeTime 2040 Fund | Target Retirement Date | 46 | 6.96% | — | Feb 2001 | PLFIX vs PTDIX | |
| Principal SmallCap S&P 600 Index Fund | Small Cap Blend Equities | 66 | 19.34% | — | Dec 2000 | PLFIX vs PSSMX |
Often Compared With PLFIX
Investors most often compare PLFIX with SPIAX, BSPIX, VOO. These 20 comparison targets span 6 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