Principal LargeCap S&P 500 Index Fund Class A (PLSAX) 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 PLSAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PLSAX
PLSAX charges 0.38% annually. There are 20 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 | PLSAX vs BSPGX | |
| State Street Equity 500 Index Fund Class K | 0.02% | — | Sep 2014 | PLSAX vs SSSYX | |
| Vanguard Institutional Index Fund Institutional Pl... | 0.02% | 355.20B | Jul 1997 | PLSAX vs VIIIX | |
| Schwab S&P 500 Index Fund | 0.02% | 143.85B | May 1997 | PLSAX vs SWPPX | |
| Fidelity 500 Index Fund | 0.02% | — | Feb 1988 | PLSAX vs FXAIX |
Best Risk-Adjusted Alternatives to PLSAX
PLSAX has a PortfoliosLab risk / return rank of 63. There are 17 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 | PLSAX vs SPINX | |
| Fidelity 500 Index Fund | 65 | — | Feb 1988 | PLSAX vs FXAIX | |
| Vanguard Institutional Index Fund Institutional Pl... | 65 | 355.20B | Jul 1997 | PLSAX vs VIIIX | |
| Vanguard Institutional Index Fund Institutional Sh... | 65 | 355.20B | Jul 1990 | PLSAX vs VINIX | |
| State Street Equity 500 Index Fund Class K | 65 | — | Sep 2014 | PLSAX vs SSSYX |
Top Performing PLSAX Alternatives (YTD)
PLSAX is at 9.64% YTD. There are 20 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 | PLSAX vs DXSLX | |
| Invesco Equally-Weighted S&P 500 Fund | 10.27% | — | Jul 1997 | PLSAX vs VADDX | |
| Victory 500 Index Fund | 10.00% | — | May 2002 | PLSAX vs USPRX | |
| Fidelity 500 Index Fund | 9.79% | — | Feb 1988 | PLSAX vs FXAIX | |
| State Street Equity 500 Index Fund Class K | 9.78% | — | Sep 2014 | PLSAX vs SSSYX |
Lowest Volatility Alternatives to PLSAX
PLSAX 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 | PLSAX vs PUTW | |
| CBOE Vest S&P 500 Dividend Aristocrats Target Inco... | 10.86% | — | Sep 2017 | PLSAX vs KNGLX | |
| Invesco Equally-Weighted S&P 500 Fund | 11.93% | — | Jul 1997 | PLSAX vs VADDX | |
| Shelton Capital Management S&P 500 Index Fund | 12.45% | — | Apr 1992 | PLSAX vs SPFIX | |
| Nuveen S&P 500 Dynamic Overwrite Fund | 12.45% | — | Nov 2005 | PLSAX vs SPXX |
Lowest Drawdown Alternatives to PLSAX
PLSAX has a 1-year max drawdown of -8.94%. There are 20 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 | PLSAX vs PUTW | |
| Invesco Equally-Weighted S&P 500 Fund | -7.88% | — | Jul 1997 | PLSAX vs VADDX | |
| State Street Equity 500 Index Fund Class K | -8.88% | — | Sep 2014 | PLSAX vs SSSYX | |
| Schwab S&P 500 Index Fund | -8.89% | 143.85B | May 1997 | PLSAX vs SWPPX | |
| Fidelity 500 Index Fund | -8.89% | — | Feb 1988 | PLSAX vs FXAIX |
Other Mutual Funds from Principal Funds
The 5 most viewed Principal Funds mutual funds shown here include PMAQX, PDSYX, PGDIX and span 5 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Principal MidCap R6 | Mid Cap Growth Equities | 1 | -6.87% | — | Nov 2016 | PLSAX vs PMAQX | |
| Principal Diversified Select Real Asset Fund | Global Allocation | 92 | 4.63% | — | Jul 2019 | PLSAX vs PDSYX | |
| Principal Diversified Income Fund | Multisector Bonds | 14 | -0.36% | — | Dec 2008 | PLSAX vs PGDIX | |
| Principal LifeTime Hybrid 2030 Fund R-6 | Target Retirement Date | 67 | 6.47% | — | Sep 2014 | PLSAX vs PLZTX | |
| Principal Government & High Quality Bond Fund | Government Bonds | 19 | -0.03% | — | May 1984 | PLSAX vs CMPGX |
Often Compared With PLSAX
Investors most often compare PLSAX with VOO, SPY, VTI. These 20 comparison targets span 6 categories, based on PortfoliosLab usage data.
Compare PLSAX with Any Fund or Stock
Compare PLSAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PLSAX with funds that move differently
Principal LargeCap S&P 500 Index Fund Class A alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PLSAX.
Explore PLSAX Diversifiers