PBAMX vs. PMTIX
Compare and contrast key facts about Putnam Retirement Advantage 2040 Fund (PBAMX) and Principal LifeTime 2030 Fund (PMTIX).
PBAMX is managed by Putnam. It was launched on Dec 30, 2019. PMTIX is managed by Principal. It was launched on Feb 28, 2001.
Performance
PBAMX vs. PMTIX - Performance Comparison
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PBAMX vs. PMTIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
PBAMX Putnam Retirement Advantage 2040 Fund | -3.35% | 16.68% | 13.83% | 24.49% | -15.93% | 16.47% | 13.78% |
PMTIX Principal LifeTime 2030 Fund | -3.15% | 13.25% | 12.86% | 15.11% | -16.81% | 12.70% | 14.00% |
Returns By Period
In the year-to-date period, PBAMX achieves a -3.35% return, which is significantly lower than PMTIX's -3.15% return.
PBAMX
- 1D
- -0.09%
- 1M
- -5.91%
- YTD
- -3.35%
- 6M
- -0.84%
- 1Y
- 14.04%
- 3Y*
- 14.75%
- 5Y*
- 8.42%
- 10Y*
- —
PMTIX
- 1D
- 0.00%
- 1M
- -5.66%
- YTD
- -3.15%
- 6M
- -1.49%
- 1Y
- 9.21%
- 3Y*
- 10.71%
- 5Y*
- 5.31%
- 10Y*
- 8.05%
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PBAMX vs. PMTIX - Expense Ratio Comparison
PBAMX has a 0.45% expense ratio, which is higher than PMTIX's 0.01% expense ratio.
Return for Risk
PBAMX vs. PMTIX — Risk / Return Rank
PBAMX
PMTIX
PBAMX vs. PMTIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Putnam Retirement Advantage 2040 Fund (PBAMX) and Principal LifeTime 2030 Fund (PMTIX). 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.
| PBAMX | PMTIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.16 | 0.95 | +0.20 |
Sortino ratioReturn per unit of downside risk | 1.69 | 1.41 | +0.28 |
Omega ratioGain probability vs. loss probability | 1.25 | 1.20 | +0.05 |
Calmar ratioReturn relative to maximum drawdown | 1.44 | 1.12 | +0.31 |
Martin ratioReturn relative to average drawdown | 7.13 | 5.30 | +1.83 |
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
| PBAMX | PMTIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.16 | 0.95 | +0.20 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.69 | 0.51 | +0.18 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.72 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.66 | 0.47 | +0.19 |
Correlation
The correlation between PBAMX and PMTIX is 0.95, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
PBAMX vs. PMTIX - Dividend Comparison
PBAMX's dividend yield for the trailing twelve months is around 11.91%, more than PMTIX's 10.01% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PBAMX Putnam Retirement Advantage 2040 Fund | 11.91% | 11.51% | 7.46% | 3.34% | 12.96% | 14.65% | 1.74% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PMTIX Principal LifeTime 2030 Fund | 10.01% | 9.69% | 9.60% | 4.26% | 10.05% | 8.87% | 6.37% | 6.49% | 8.21% | 5.87% | 3.97% | 9.44% |
Drawdowns
PBAMX vs. PMTIX - Drawdown Comparison
The maximum PBAMX drawdown since its inception was -27.57%, smaller than the maximum PMTIX drawdown of -52.14%. Use the drawdown chart below to compare losses from any high point for PBAMX and PMTIX.
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Drawdown Indicators
| PBAMX | PMTIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.57% | -52.14% | +24.57% |
Max Drawdown (1Y)Largest decline over 1 year | -8.96% | -7.49% | -1.47% |
Max Drawdown (5Y)Largest decline over 5 years | -21.81% | -23.05% | +1.24% |
Max Drawdown (10Y)Largest decline over 10 years | — | -25.87% | — |
Current DrawdownCurrent decline from peak | -6.39% | -5.85% | -0.54% |
Average DrawdownAverage peak-to-trough decline | -5.06% | -6.83% | +1.77% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.81% | 1.59% | +0.22% |
Volatility
PBAMX vs. PMTIX - Volatility Comparison
Putnam Retirement Advantage 2040 Fund (PBAMX) has a higher volatility of 3.53% compared to Principal LifeTime 2030 Fund (PMTIX) at 3.33%. This indicates that PBAMX's price experiences larger fluctuations and is considered to be riskier than PMTIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PBAMX | PMTIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.53% | 3.33% | +0.20% |
Volatility (6M)Calculated over the trailing 6-month period | 6.58% | 5.61% | +0.97% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.28% | 9.78% | +2.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.25% | 10.53% | +1.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.72% | 11.19% | +3.53% |