PCBIX vs. CMGIX
Compare and contrast key facts about Principal MidCap Fund Institutional Class (PCBIX) and BlackRock Mid-Cap Growth Equity Portfolio (CMGIX).
PCBIX is managed by Principal. It was launched on Dec 6, 2000. CMGIX is managed by Blackrock. It was launched on Dec 27, 1996.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PCBIX or CMGIX.
Correlation
The correlation between PCBIX and CMGIX is 0.89, 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.
Performance
PCBIX vs. CMGIX - Performance Comparison
Key characteristics
PCBIX:
1.36
CMGIX:
0.92
PCBIX:
1.83
CMGIX:
1.31
PCBIX:
1.24
CMGIX:
1.17
PCBIX:
1.28
CMGIX:
0.59
PCBIX:
5.16
CMGIX:
3.72
PCBIX:
3.80%
CMGIX:
4.79%
PCBIX:
14.47%
CMGIX:
19.42%
PCBIX:
-57.73%
CMGIX:
-82.66%
PCBIX:
-6.32%
CMGIX:
-13.34%
Returns By Period
In the year-to-date period, PCBIX achieves a 4.06% return, which is significantly lower than CMGIX's 4.27% return. Over the past 10 years, PCBIX has underperformed CMGIX with an annualized return of 8.19%, while CMGIX has yielded a comparatively higher 10.63% annualized return.
PCBIX
4.06%
3.74%
5.62%
18.23%
7.82%
8.19%
CMGIX
4.27%
3.22%
14.42%
16.19%
7.46%
10.63%
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PCBIX vs. CMGIX - Expense Ratio Comparison
PCBIX has a 0.67% expense ratio, which is lower than CMGIX's 0.80% expense ratio.
Risk-Adjusted Performance
PCBIX vs. CMGIX — Risk-Adjusted Performance Rank
PCBIX
CMGIX
PCBIX vs. CMGIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Principal MidCap Fund Institutional Class (PCBIX) and BlackRock Mid-Cap Growth Equity Portfolio (CMGIX). 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
PCBIX vs. CMGIX - Dividend Comparison
PCBIX's dividend yield for the trailing twelve months is around 0.13%, while CMGIX has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PCBIX Principal MidCap Fund Institutional Class | 0.13% | 0.13% | 0.04% | 0.00% | 0.00% | 0.00% | 0.47% | 0.07% | 0.05% | 0.41% | 0.13% | 0.36% |
CMGIX BlackRock Mid-Cap Growth Equity Portfolio | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
PCBIX vs. CMGIX - Drawdown Comparison
The maximum PCBIX drawdown since its inception was -57.73%, smaller than the maximum CMGIX drawdown of -82.66%. Use the drawdown chart below to compare losses from any high point for PCBIX and CMGIX. For additional features, visit the drawdowns tool.
Volatility
PCBIX vs. CMGIX - Volatility Comparison
The current volatility for Principal MidCap Fund Institutional Class (PCBIX) is 4.26%, while BlackRock Mid-Cap Growth Equity Portfolio (CMGIX) has a volatility of 7.86%. This indicates that PCBIX experiences smaller price fluctuations and is considered to be less risky than CMGIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.