FXAIX vs. PLTQX
Compare and contrast key facts about Fidelity 500 Index Fund (FXAIX) and Principal LifeTime Hybrid 2040 Fund (PLTQX).
FXAIX is a passively managed fund by Fidelity that tracks the performance of the S&P 500 Index. It was launched on Feb 17, 1988. PLTQX is managed by Principal. It was launched on Sep 29, 2014.
Performance
FXAIX vs. PLTQX - Performance Comparison
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Returns By Period
In the year-to-date period, FXAIX achieves a -3.53% return, which is significantly lower than PLTQX's -0.67% return. Over the past 10 years, FXAIX has outperformed PLTQX with an annualized return of 14.21%, while PLTQX has yielded a comparatively lower 9.75% annualized return.
FXAIX
- 1D
- 0.12%
- 1M
- -3.52%
- YTD
- -3.53%
- 6M
- -1.39%
- 1Y
- 31.33%
- 3Y*
- 18.49%
- 5Y*
- 11.97%
- 10Y*
- 14.21%
PLTQX
- 1D
- -0.06%
- 1M
- -2.21%
- YTD
- -0.67%
- 6M
- 1.12%
- 1Y
- 24.33%
- 3Y*
- 14.03%
- 5Y*
- 7.39%
- 10Y*
- 9.75%
FXAIX vs. PLTQX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FXAIX Fidelity 500 Index Fund | -3.53% | 17.84% | 25.01% | 26.29% | -18.14% | 28.71% | 18.42% | 31.48% | -4.43% | 21.82% |
PLTQX Principal LifeTime Hybrid 2040 Fund | -0.67% | 17.25% | 14.58% | 18.16% | -17.90% | 17.09% | 15.41% | 23.86% | -8.61% | 19.16% |
Correlation
The correlation between FXAIX and PLTQX is 0.95, indicating a strong positive relationship between their price movements. Combining them offers limited diversification — they'll tend to fall together during downturns. For meaningful risk reduction, look for holdings with correlations below 0.5.
FXAIX vs. PLTQX - Expense Ratio Comparison
FXAIX has a 0.02% expense ratio, which is lower than PLTQX's 0.05% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
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Return for Risk
FXAIX vs. PLTQX — Risk / Return Rank
FXAIX
PLTQX
FXAIX vs. PLTQX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity 500 Index Fund (FXAIX) and Principal LifeTime Hybrid 2040 Fund (PLTQX). 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.
| FXAIX | PLTQX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.96 | 1.21 | -0.25 |
Sortino ratioReturn per unit of downside risk | 1.47 | 1.81 | -0.33 |
Omega ratioGain probability vs. loss probability | 1.22 | 1.26 | -0.04 |
Calmar ratioReturn relative to maximum drawdown | 1.51 | 1.68 | -0.18 |
Martin ratioReturn relative to average drawdown | 7.11 | 8.15 | -1.04 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FXAIX | PLTQX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.96 | 1.21 | -0.25 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.71 | 0.56 | +0.16 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.79 | 0.71 | +0.08 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.77 | 0.64 | +0.12 |
Drawdowns
FXAIX vs. PLTQX - Drawdown Comparison
The maximum FXAIX drawdown since its inception was -33.79%, which is greater than PLTQX's maximum drawdown of -29.05%. Use the drawdown chart below to compare losses from any high point for FXAIX and PLTQX.
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Drawdown Indicators
| FXAIX | PLTQX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.79% | -29.05% | -4.74% |
Max Drawdown (1Y)Largest decline over 1 year | -8.89% | -7.29% | -1.60% |
Max Drawdown (5Y)Largest decline over 5 years | -24.50% | -24.18% | -0.32% |
Max Drawdown (10Y)Largest decline over 10 years | -33.79% | -29.05% | -4.74% |
Current DrawdownCurrent decline from peak | -5.44% | -4.43% | -1.01% |
Average DrawdownAverage peak-to-trough decline | -3.83% | -4.46% | +0.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.57% | 2.08% | +0.49% |
Volatility
FXAIX vs. PLTQX - Volatility Comparison
Fidelity 500 Index Fund (FXAIX) has a higher volatility of 5.29% compared to Principal LifeTime Hybrid 2040 Fund (PLTQX) at 4.89%. This indicates that FXAIX's price experiences larger fluctuations and is considered to be riskier than PLTQX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FXAIX | PLTQX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.29% | 4.89% | +0.40% |
Volatility (6M)Calculated over the trailing 6-month period | 9.54% | 7.85% | +1.69% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.32% | 13.52% | +4.80% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.91% | 13.35% | +3.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.05% | 13.76% | +4.29% |
Dividends
FXAIX vs. PLTQX - Dividend Comparison
FXAIX's dividend yield for the trailing twelve months is around 1.15%, less than PLTQX's 4.53% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FXAIX Fidelity 500 Index Fund | 0.89% | 1.11% | 1.25% | 1.45% | 1.69% | 1.22% | 1.60% | 2.06% | 2.72% | 1.97% | 2.52% | 2.83% |
PLTQX Principal LifeTime Hybrid 2040 Fund | 4.53% | 4.50% | 4.19% | 3.14% | 8.95% | 5.00% | 3.85% | 3.84% | 4.47% | 2.37% | 2.34% | 1.65% |