CMPIX vs. DGRO
Compare and contrast key facts about Principal Core Fixed Income (CMPIX) and iShares Core Dividend Growth ETF (DGRO).
CMPIX is managed by Principal. It was launched on Dec 15, 1975. DGRO is a passively managed fund by iShares that tracks the performance of the Morningstar US Dividend Growth Index. It was launched on Jun 10, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CMPIX or DGRO.
Key characteristics
| CMPIX | DGRO | |
|---|---|---|
| YTD Return | -2.11% | 7.92% |
| 1Y Return | -0.32% | 19.15% |
| 3Y Return (Ann) | -3.30% | 7.06% |
| 5Y Return (Ann) | -0.12% | 11.71% |
| Sharpe Ratio | 0.02 | 1.89 |
| Daily Std Dev | 6.53% | 9.88% |
| Max Drawdown | -18.49% | -35.10% |
| Current Drawdown | -12.04% | -0.50% |
Correlation
The correlation between CMPIX and DGRO is -0.08. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
CMPIX vs. DGRO - Performance Comparison
In the year-to-date period, CMPIX achieves a -2.11% return, which is significantly lower than DGRO's 7.92% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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CMPIX vs. DGRO - Expense Ratio Comparison
CMPIX has a 0.74% expense ratio, which is higher than DGRO's 0.08% expense ratio.
Risk-Adjusted Performance
CMPIX vs. DGRO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Principal Core Fixed Income (CMPIX) and iShares Core Dividend Growth ETF (DGRO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
CMPIX vs. DGRO - Dividend Comparison
CMPIX's dividend yield for the trailing twelve months is around 3.08%, more than DGRO's 2.30% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CMPIX Principal Core Fixed Income | 3.08% | 2.86% | 2.50% | 1.93% | 2.11% | 2.71% | 3.18% | 2.91% | 3.17% | 3.29% | 3.44% | 3.73% |
DGRO iShares Core Dividend Growth ETF | 2.30% | 2.45% | 2.34% | 1.93% | 2.30% | 2.21% | 2.44% | 2.03% | 2.27% | 2.52% | 0.97% | 0.00% |
Drawdowns
CMPIX vs. DGRO - Drawdown Comparison
The maximum CMPIX drawdown since its inception was -18.49%, smaller than the maximum DGRO drawdown of -35.10%. Use the drawdown chart below to compare losses from any high point for CMPIX and DGRO. For additional features, visit the drawdowns tool.
Volatility
CMPIX vs. DGRO - Volatility Comparison
The current volatility for Principal Core Fixed Income (CMPIX) is 1.43%, while iShares Core Dividend Growth ETF (DGRO) has a volatility of 2.86%. This indicates that CMPIX experiences smaller price fluctuations and is considered to be less risky than DGRO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.