Principal Equity Income Fund (PQIAX) belongs to the Dividend category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with PQIAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PQIAX
PQIAX charges 0.86% annually. There are 46 mutual funds in the Dividend category with lower expense ratios, going as low as 0.07%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Dividend Appreciation Index Fund Admiral ... | 0.07% | 129.60B | Dec 2013 | PQIAX vs VDADX | |
| Vanguard High Dividend Yield Index Fund Admiral Sh... | 0.08% | 96.20B | Feb 2019 | PQIAX vs VHYAX | |
| Vanguard International High Dividend Yield Index F... | 0.16% | 20.40B | Mar 2016 | PQIAX vs VIHAX | |
| Vanguard Equity Income Fund Admiral Shares | 0.19% | 65.40B | Aug 2001 | PQIAX vs VEIRX | |
| Vanguard Dividend Growth Fund | 0.20% | 35.70B | May 1992 | PQIAX vs VDIGX |
Best Risk-Adjusted Alternatives to PQIAX
PQIAX has a PortfoliosLab risk / return rank of 84. There are 26 mutual funds in the Dividend category with higher risk-adjusted ranks, going as high as 94.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard International High Dividend Yield Index F... | 94 | 20.40B | Mar 2016 | PQIAX vs VIHAX | |
| Federated Hermes Strategic Value Dividend Fund Cla... | 93 | — | Mar 2005 | PQIAX vs SVAAX | |
| Pioneer Multi-Asset Income Fund A | 92 | — | Dec 2011 | PQIAX vs PMAIX | |
| Goldman Sachs Equity Income Fund | 92 | — | Feb 1993 | PQIAX vs GSGRX | |
| Russell Investments Equity Income Fund | 91 | — | Mar 2000 | PQIAX vs REAYX |
Top Performing PQIAX Alternatives (YTD)
PQIAX is at 12.73% YTD. There are 36 mutual funds in the Dividend category with higher YTD returns, going as high as 21.19%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Transamerica Sustainable Equity Income Fund | 21.19% | — | Jan 2013 | PQIAX vs TRDIX | |
| Goldman Sachs Equity Income Fund | 18.68% | — | Feb 1993 | PQIAX vs GSGRX | |
| Vanguard International High Dividend Yield Index F... | 18.05% | 20.40B | Mar 2016 | PQIAX vs VIHAX | |
| Allspring Emerging Markets Equity Income Fund | 17.89% | — | May 2012 | PQIAX vs EQIIX | |
| Janus Henderson Global Equity Income Fund | 17.80% | — | Nov 2006 | PQIAX vs HFQAX |
Lowest Volatility Alternatives to PQIAX
PQIAX has 10.75% 1-year volatility. There are 37 mutual funds in the Dividend category with lower 1-year volatility, going as low as 5.97%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Pioneer Multi-Asset Income Fund A | 5.97% | — | Dec 2011 | PQIAX vs PMAIX | |
| American Funds The Income Fund of America Class A | 7.41% | — | Dec 1973 | PQIAX vs AMECX | |
| American Funds Capital Income Builder Fund Class F... | 8.19% | — | Jul 1987 | PQIAX vs CAIFX | |
| American Century Equity Income Fund | 8.59% | 6.45B | Aug 1994 | PQIAX vs TWEIX | |
| American Century Equity Income Fund Class I | 8.61% | — | Jul 1998 | PQIAX vs ACIIX |
Lowest Drawdown Alternatives to PQIAX
PQIAX has a 1-year max drawdown of -7.07%. There are 21 mutual funds in the Dividend category with shallower 1-year drawdowns, going as shallow as -4.07%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Pioneer Multi-Asset Income Fund A | -4.07% | — | Dec 2011 | PQIAX vs PMAIX | |
| Federated Hermes Strategic Value Dividend Fund Cla... | -4.71% | — | Mar 2005 | PQIAX vs SVAAX | |
| John Hancock Premium Dividend Fund | -5.38% | — | Dec 1989 | PQIAX vs PDT | |
| Goldman Sachs Equity Income Fund | -5.48% | — | Feb 1993 | PQIAX vs GSGRX | |
| Columbia Dividend Income Fund Institutional 3 Clas... | -5.51% | — | Nov 2012 | PQIAX vs CDDYX |
Other Mutual Funds from Principal
The 10 most viewed Principal mutual funds shown here include PCBIX, PLSAX, PLGIX and span 6 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 | PQIAX vs PCBIX | |
| Principal LargeCap S&P 500 Index Fund Class A | S&P 500 | 60 | 9.18% | — | Feb 2001 | PQIAX vs PLSAX | |
| Principal LargeCap Growth Fund I | Large Cap Growth Equities | 5 | -1.62% | — | Dec 2000 | PQIAX vs PLGIX | |
| Principal MidCap R6 | Mid Cap Growth Equities | 1 | -3.68% | — | Nov 2016 | PQIAX vs PMAQX | |
| Principal LifeTime 2055 Fund | Target Retirement Date | 49 | 8.75% | — | Feb 2008 | PQIAX vs LTFIX | |
| Principal Capital Appreciation Fund | Large Cap Blend Equities | 42 | 8.06% | — | Nov 1986 | PQIAX vs CMNWX | |
| Principal Blue Chip Fund | Large Cap Growth Equities | 2 | -2.47% | — | Jun 2012 | PQIAX vs PBCKX | |
| Principal Global Multi-Strategy Fund | Multistrategy | 97 | 5.75% | — | Oct 2011 | PQIAX vs PSMIX | |
| Principal LifeTime 2040 Fund | Target Retirement Date | 49 | 6.90% | — | Feb 2001 | PQIAX vs PTDIX | |
| Principal LifeTime 2045 Fund | Target Retirement Date | 49 | 7.81% | — | Feb 2008 | PQIAX vs LTRIX |
Often Compared With PQIAX
Investors most often compare PQIAX with FXAIX, OIEJX, SWPPX. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.
Compare PQIAX with Any Fund or Stock
Compare PQIAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PQIAX with funds that move differently
Principal Equity Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PQIAX.
Explore PQIAX Diversifiers