- ISIN
- US74253J1806
- Issuer
- Principal
- Inception Date
- Dec 6, 2000
- Category
- Small Cap Blend Equities
- Min. Investment
- $0
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Small-Cap
- Asset Class Style
- Blend
Share Price Chart
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Performance
PSSMX Performance Chart
Principal SmallCap S&P 600 Index Fund (PSSMX) is up 15.0% since the beginning of the year. PSSMX is currently trading at $29 per share. Investors who bought $1,000 worth of PSSMX shares 5 years ago would now be looking at an investment worth $1,367.
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Returns By Period
Principal SmallCap S&P 600 Index Fund (PSSMX) has returned 14.99% so far this year and 32.82% over the past 12 months. Over the last ten years, PSSMX has returned 10.73% per year, falling short of the S&P 500 Index benchmark, which averaged 13.75% annually.
Principal SmallCap S&P 600 Index Fund
- 1D
- -0.14%
- 1M
- 0.65%
- YTD
- 14.99%
- 6M
- 15.48%
- 1Y
- 32.82%
- 3Y*
- 16.63%
- 5Y*
- 6.45%
- 10Y*
- 10.73%
Benchmark (S&P 500 Index)
- 1D
- 0.13%
- 1M
- 5.25%
- YTD
- 11.16%
- 6M
- 11.43%
- 1Y
- 28.20%
- 3Y*
- 21.12%
- 5Y*
- 12.66%
- 10Y*
- 13.75%
PSSMX Monthly Returns History
Based on dividend-adjusted daily data since Jan 2, 2001, PSSMX's average daily return is +0.05%, while the average monthly return is +0.91%. At this rate, an investment would double in approximately 6.4 years.
Historically, 62% of months were positive and 38% were negative. The best month was Nov 2020 with a return of +18.1%, while the worst month was Mar 2020 at -22.5%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 5 months.
On a daily basis, PSSMX closed higher 52% of trading days. The best single day was Mar 24, 2020 with a return of +9.0%, while the worst single day was Mar 12, 2020 at -11.4%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 5.53% | 2.12% | -4.11% | 10.36% | 0.96% | -0.14% | 14.99% | ||||||
| 2025 | 2.82% | -5.74% | -6.25% | -4.18% | 5.14% | 4.03% | 0.87% | 6.97% | 0.95% | -0.83% | 2.52% | -0.11% | 5.34% |
| 2024 | -4.01% | 3.32% | 3.17% | -5.68% | 4.97% | -2.29% | 10.67% | -1.50% | 0.80% | -2.69% | 10.87% | -0.64% | 16.60% |
| 2023 | 9.40% | -1.29% | -5.20% | -2.84% | -1.76% | 8.13% | 5.47% | -4.22% | -6.04% | -5.80% | 8.23% | 12.65% | 15.18% |
| 2022 | -7.36% | 1.32% | 0.33% | -7.88% | 1.77% | -8.62% | 9.98% | -4.34% | -9.93% | 12.25% | 4.05% | -6.70% | -16.69% |
| 2021 | 6.19% | 7.53% | 3.20% | 1.96% | 1.96% | 0.30% | -2.44% | 1.96% | -2.52% | 3.37% | -2.38% | 4.30% | 25.39% |
Benchmark Metrics
Principal SmallCap S&P 600 Index Fund has an annualized alpha of 2.63%, beta of 1.03, and R2 of 0.73 versus S&P 500 Index. Calculated based on daily prices since January 03, 2001.
- This fund captured 116.65% of S&P 500 Index gains and 105.59% of its losses - amplifying both gains and losses, but participating more in upside than downside.
- This fund generated an annualized alpha of 2.63% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- With beta of 1.03 and R2 of 0.73, this fund moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- 2.63%
- Beta
- 1.03
- R²
- 0.73
- Upside Capture
- 116.65%
- Downside Capture
- 105.59%
Expense Ratio
PSSMX has an expense ratio of 0.73%, placing it in the medium range.
Return for Risk
Risk / Return Rank
PSSMX ranks 53 for risk / return — on par with similar mutual funds. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Principal SmallCap S&P 600 Index Fund (PSSMX) and compare them to S&P 500 Index.
| PSSMX | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.86 | 2.39 | -0.53 |
Sortino ratioReturn per unit of downside risk | 2.72 | 3.25 | -0.53 |
Omega ratioGain probability vs. loss probability | 1.32 | 1.43 | -0.11 |
Calmar ratioReturn relative to maximum drawdown | 3.71 | 3.11 | +0.59 |
Martin ratioReturn relative to average drawdown | 12.38 | 14.38 | -2.00 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Dividends
Dividend History
Principal SmallCap S&P 600 Index Fund provided a 8.68% dividend yield over the last twelve months, with an annual payout of $2.54 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $2.54 | $2.54 | $4.23 | $1.00 | $2.51 | $2.63 | $0.46 | $1.67 | $2.90 | $1.67 | $1.60 | $1.78 |
Dividend yield | 8.68% | 9.98% | 15.91% | 3.75% | 10.45% | 8.23% | 1.67% | 6.56% | 13.08% | 6.03% | 6.15% | 8.07% |
Monthly Dividends
The table displays the monthly dividend distributions for Principal SmallCap S&P 600 Index Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.54 | $2.54 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $4.23 | $4.23 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.00 | $1.00 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.51 | $2.51 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.63 | $2.63 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Principal SmallCap S&P 600 Index Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Principal SmallCap S&P 600 Index Fund was 58.43%, occurring on Mar 9, 2009. Recovery took 488 trading sessions.
The current Principal SmallCap S&P 600 Index Fund drawdown is 0.91%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -58.43%Mar 2009 | 1y 7mo | 1y 11mo | 3y 6moJul 2007 - Feb 2011 |
COVID crash2020 | -44.85%Mar 2020 | 1y 6mo | 8mo 16d | 2y 3moAug 2018 - Dec 2020 |
Dot-com crash2000–2002 | -33.72%Oct 2002 | 5mo 25d | 1y 25d | 1y 6moApr 2002 - Nov 2003 |
Bear market2022 | -27.01%Sep 2022 | 10mo 21d | 1y 10mo | 2y 8moNov 2021 - Jul 2024 |
2011 bear market2011 | -26.72%Oct 2011 | 2mo 27d | 4mo 3d | 7moJul 2011 - Feb 2012 |
Drawdown Indicators
| PSSMX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.43% | -56.78% | -1.65% |
Max Drawdown (1Y)Largest decline over 1 year | -8.76% | -9.10% | +0.34% |
Max Drawdown (3Y)Largest decline over 3 years | -24.30% | -18.90% | -5.40% |
Max Drawdown (5Y)Largest decline over 5 years | -27.01% | -25.43% | -1.58% |
Max Drawdown (10Y)Largest decline over 10 years | -44.85% | -33.92% | -10.93% |
Current DrawdownCurrent decline from peak | -0.91% | 0.00% | -0.91% |
Average DrawdownAverage peak-to-trough decline | -9.52% | -10.72% | +1.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.62% | 1.97% | +0.65% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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