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 21 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 | |
| Vanguard Institutional Index Fund Institutional Pl... | 0.02% | 349.70B | Jul 1997 | PLSAX vs VIIIX | |
| Schwab S&P 500 Index Fund | 0.02% | 144.34B | May 1997 | PLSAX vs SWPPX | |
| Fidelity 500 Index Fund | 0.02% | — | Feb 1988 | PLSAX vs FXAIX | |
| State Street Equity 500 Index Fund Class K | 0.02% | — | Sep 2014 | PLSAX vs SSSYX |
Best Risk-Adjusted Alternatives to PLSAX
PLSAX has a PortfoliosLab risk / return rank of 67. There are 16 mutual funds in the S&P 500 category with higher risk-adjusted ranks, going as high as 71.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco Equally-Weighted S&P 500 Fund | 71 | — | Jul 1997 | PLSAX vs VADDX | |
| Fidelity 500 Index Fund | 70 | — | Feb 1988 | PLSAX vs FXAIX | |
| Vanguard Institutional Index Fund Institutional Pl... | 70 | 349.70B | Jul 1997 | PLSAX vs VIIIX | |
| Vanguard Institutional Index Fund Institutional Sh... | 69 | 349.70B | Jul 1990 | PLSAX vs VINIX | |
| Vanguard 500 Index Fund Admiral Shares | 69 | 1.70T | Nov 2000 | PLSAX vs VFIAX |
Top Performing PLSAX Alternatives (YTD)
PLSAX is at 13.60% YTD. There are 15 mutual funds in the S&P 500 category with higher YTD returns, going as high as 20.22%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Monthly S&P 500 Bull 1.75X Fund | 20.22% | — | May 2006 | PLSAX vs DXSLX | |
| Invesco Equally-Weighted S&P 500 Fund | 15.85% | — | Jul 1997 | PLSAX vs VADDX | |
| Victory 500 Index Fund | 13.82% | — | May 2002 | PLSAX vs USPRX | |
| Vanguard Institutional Index Fund Institutional Pl... | 13.76% | 349.70B | Jul 1997 | PLSAX vs VIIIX | |
| Fidelity 500 Index Fund | 13.76% | — | Feb 1988 | PLSAX vs FXAIX |
Lowest Volatility Alternatives to PLSAX
PLSAX has 12.93% 1-year volatility. There are 4 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 | PLSAX vs KNGLX | |
| Invesco Equally-Weighted S&P 500 Fund | 11.79% | — | Jul 1997 | PLSAX vs VADDX | |
| Shelton Capital Management S&P 500 Index Fund | 12.88% | — | Apr 1992 | PLSAX vs SPFIX | |
| CYBER HORNET S&P 500 | 12.91% | — | Mar 2017 | PLSAX vs INDEX | |
| iShares S&P 500 Index Fund Investor P Shares | 12.93% | — | Aug 2018 | PLSAX vs BSPPX |
Lowest Drawdown Alternatives to PLSAX
PLSAX has a 1-year max drawdown of -8.94%. There are 19 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 | 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% | 144.34B | May 1997 | PLSAX vs SWPPX | |
| Fidelity 500 Index Fund | -8.89% | — | Feb 1988 | PLSAX vs FXAIX | |
| Vanguard Institutional Index Fund Institutional Pl... | -8.90% | 349.70B | Jul 1997 | PLSAX vs VIIIX |
Other Mutual Funds from Principal
The 10 most viewed Principal mutual funds shown here include PCBIX, PLGIX, LTFIX and span 5 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Principal MidCap Fund Institutional Class | Mid Cap Growth Equities | 1 | -1.10% | — | Mar 2001 | PLSAX vs PCBIX | |
| Principal LargeCap Growth Fund I | Large Cap Growth Equities | 7 | 4.18% | — | Dec 2000 | PLSAX vs PLGIX | |
| Principal LifeTime 2055 Fund | Target Retirement Date | 50 | 11.61% | — | Feb 2008 | PLSAX vs LTFIX | |
| Principal MidCap R6 | Mid Cap Growth Equities | 1 | -1.05% | — | Nov 2016 | PLSAX vs PMAQX | |
| Principal Capital Appreciation Fund | Large Cap Blend Equities | 44 | 11.48% | — | Nov 1986 | PLSAX vs CMNWX | |
| Principal Blue Chip Fund | Large Cap Growth Equities | 4 | 3.91% | — | Jun 2012 | PLSAX vs PBCKX | |
| Principal LifeTime 2040 Fund | Target Retirement Date | 48 | 9.24% | — | Feb 2001 | PLSAX vs PTDIX | |
| Principal LifeTime 2045 Fund | Target Retirement Date | 49 | 10.37% | — | Feb 2008 | PLSAX vs LTRIX | |
| Principal Global Multi-Strategy Fund | Multistrategy | 97 | 6.35% | — | Oct 2011 | PLSAX vs PSMIX | |
| Principal LifeTime 2030 Fund | Target Retirement Date | 47 | 6.93% | — | Feb 2001 | PLSAX vs PMTIX |
Often Compared With PLSAX
Investors most often compare PLSAX with VOO, SPY, VTI. These 20 comparison targets span 11 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