LTINX vs. PTEAX

Last updated Aug 1, 2026

LTINX (Principal LifeTime 2015 Fund) and PTEAX (Principal Tax-Exempt Bond Fund) are both mutual funds - LTINX is a Target Retirement Date fund managed by Principal, while PTEAX is a Municipal Bonds fund managed by Principal. Their -0.00 correlation means they have often moved in opposite directions in the past. LTINX charges 0.02%/yr vs 0.73%/yr for PTEAX.

Performance

LTINX vs. PTEAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Principal LifeTime 2015 Fund (LTINX) and Principal Tax-Exempt Bond Fund (PTEAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

LTINX

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

PTEAX

• 1D: -0.30%
• 1M: -1.94%
• 6M: -0.89%
• YTD: 0.02%
• 1Y: 4.69%
• 3Y*: 3.09%
• 5Y*: -0.20%
• 10Y*: 1.71%
• ALL TIME*: 1.90%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
PTEAX Principal Tax-Exempt Bond Fund	$0.00	$0.00	$0.00

LTINX vs. PTEAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
LTINX Principal LifeTime 2015 Fund	3.69%	10.61%	10.67%	11.15%	-13.61%	7.41%	11.87%	16.32%	-4.72%	13.19%
PTEAX Principal Tax-Exempt Bond Fund	0.02%	4.68%	2.10%	6.35%	-12.18%	2.71%	4.80%	9.05%	0.44%	6.44%

Correlation

The correlation between LTINX and PTEAX is 0.27, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.27
Correlation (3Y) Balances recent behavior with more history.	0.29
Correlation (5Y) Shows whether the relationship held over a longer period.	0.27
Correlation (10Y) Provides a long-term view across more market conditions.	0.16
Correlation (All Time) Calculated using the full available price history since Feb 29, 2008	-0.00

The correlation between LTINX and PTEAX shifts across timeframes, from -0.00 (all time) to 0.29 (3 years), reflecting how their relationship changes across market environments.

Return for Risk

LTINX vs. PTEAX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

LTINX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

PTEAX

PTEAX Risk / Return Rank: 70
PTEAX Sharpe Ratio Rank: 82
PTEAX Sortino Ratio Rank: 86
PTEAX Omega Ratio Rank: 90
PTEAX Calmar Ratio Rank: 49
PTEAX Martin Ratio Rank: 42

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

LTINX vs. PTEAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Principal LifeTime 2015 Fund (LTINX) and Principal Tax-Exempt Bond Fund (PTEAX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	LTINX	PTEAX	Difference
Sharpe ratio: Return per unit of total volatility	—	1.95	—
Sortino ratio: Return per unit of downside risk	—	3.09	—
Omega ratio: Gain probability vs. loss probability	—	1.50	—
Calmar ratio: Return relative to maximum drawdown	—	1.84	—
Martin ratio: Return relative to average drawdown	—	6.06	—

Drawdowns

Drawdown Indicators

	LTINX	PTEAX	Difference
Max Drawdown Largest peak-to-trough decline	—	-38.72%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-3.10%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-5.08%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-17.37%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-17.37%	—
Current Drawdown Current decline from peak	—	-1.94%	—
Average Drawdown Average peak-to-trough decline	—	-5.91%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.94%	—

Volatility

Volatility by Period

	LTINX	PTEAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.92%	—
Volatility (6M) Calculated over the trailing 6-month period	—	2.26%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	2.93%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	4.02%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	4.40%	—

LTINX vs. PTEAX - Expense Ratio Comparison

LTINX has a 0.02% expense ratio, which is lower than PTEAX's 0.73% expense ratio.

Dividends

LTINX vs. PTEAX - Dividend Comparison

LTINX's dividend yield for the trailing twelve months is around 18.99%, more than PTEAX's 3.56% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LTINX Principal LifeTime 2015 Fund	18.99%	11.91%	10.80%	4.75%	7.98%	8.21%	5.51%	12.76%	9.62%	7.62%	3.63%	8.86%
PTEAX Principal Tax-Exempt Bond Fund	3.56%	4.66%	3.73%	2.81%	2.27%	2.15%	2.23%	3.09%	3.68%	3.69%	3.91%	3.75%

Frequently Asked Questions

Can I hold both LTINX and PTEAX in my portfolio?

LTINX and PTEAX have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.