PCBIX vs. FSMAX
Compare and contrast key facts about Principal MidCap Fund Institutional Class (PCBIX) and Fidelity Extended Market Index Fund (FSMAX).
PCBIX is managed by Principal. It was launched on Dec 6, 2000. FSMAX is managed by Fidelity.
Performance
PCBIX vs. FSMAX - Performance Comparison
Loading graphics...
PCBIX vs. FSMAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PCBIX Principal MidCap Fund Institutional Class | -12.96% | 1.62% | 23.63% | 25.92% | -23.16% | 25.22% | 18.25% | 49.40% | -6.86% | 25.32% |
FSMAX Fidelity Extended Market Index Fund | -4.54% | 11.40% | 16.99% | 25.36% | -26.44% | 12.41% | 32.28% | 28.01% | -9.44% | 18.04% |
Returns By Period
In the year-to-date period, PCBIX achieves a -12.96% return, which is significantly lower than FSMAX's -4.54% return. Over the past 10 years, PCBIX has outperformed FSMAX with an annualized return of 11.48%, while FSMAX has yielded a comparatively lower 10.54% annualized return.
PCBIX
- 1D
- 0.78%
- 1M
- -9.56%
- YTD
- -12.96%
- 6M
- -16.52%
- 1Y
- -11.19%
- 3Y*
- 9.26%
- 5Y*
- 5.06%
- 10Y*
- 11.48%
FSMAX
- 1D
- -1.03%
- 1M
- -7.76%
- YTD
- -4.54%
- 6M
- -4.39%
- 1Y
- 16.77%
- 3Y*
- 13.78%
- 5Y*
- 3.66%
- 10Y*
- 10.54%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PCBIX vs. FSMAX - Expense Ratio Comparison
PCBIX has a 0.67% expense ratio, which is higher than FSMAX's 0.04% expense ratio.
Return for Risk
PCBIX vs. FSMAX — Risk / Return Rank
PCBIX
FSMAX
PCBIX vs. FSMAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Principal MidCap Fund Institutional Class (PCBIX) and Fidelity Extended Market Index Fund (FSMAX). 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.
| PCBIX | FSMAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.58 | 0.72 | -1.30 |
Sortino ratioReturn per unit of downside risk | -0.71 | 1.16 | -1.86 |
Omega ratioGain probability vs. loss probability | 0.91 | 1.16 | -0.25 |
Calmar ratioReturn relative to maximum drawdown | -0.60 | 0.95 | -1.55 |
Martin ratioReturn relative to average drawdown | -1.81 | 3.91 | -5.71 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| PCBIX | FSMAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.58 | 0.72 | -1.30 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.27 | 0.16 | +0.11 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.60 | 0.35 | +0.25 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.58 | 0.41 | +0.17 |
Correlation
The correlation between PCBIX and FSMAX is 0.88, 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
PCBIX vs. FSMAX - Dividend Comparison
PCBIX's dividend yield for the trailing twelve months is around 6.68%, more than FSMAX's 0.60% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PCBIX Principal MidCap Fund Institutional Class | 6.68% | 5.81% | 6.40% | 2.51% | 3.18% | 7.96% | 1.08% | 9.02% | 12.24% | 3.31% | 2.49% | 6.30% |
FSMAX Fidelity Extended Market Index Fund | 0.60% | 0.57% | 0.48% | 1.17% | 1.90% | 7.49% | 2.14% | 4.30% | 6.09% | 5.44% | 4.85% | 6.34% |
Drawdowns
PCBIX vs. FSMAX - Drawdown Comparison
The maximum PCBIX drawdown since its inception was -50.25%, roughly equal to the maximum FSMAX drawdown of -50.55%. Use the drawdown chart below to compare losses from any high point for PCBIX and FSMAX.
Loading graphics...
Drawdown Indicators
| PCBIX | FSMAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.25% | -50.55% | +0.30% |
Max Drawdown (1Y)Largest decline over 1 year | -19.29% | -14.64% | -4.65% |
Max Drawdown (5Y)Largest decline over 5 years | -31.17% | -36.31% | +5.14% |
Max Drawdown (10Y)Largest decline over 10 years | -40.56% | -50.55% | +9.99% |
Current DrawdownCurrent decline from peak | -18.65% | -10.26% | -8.39% |
Average DrawdownAverage peak-to-trough decline | -6.50% | -12.29% | +5.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.44% | 3.54% | +2.90% |
Volatility
PCBIX vs. FSMAX - Volatility Comparison
The current volatility for Principal MidCap Fund Institutional Class (PCBIX) is 4.56%, while Fidelity Extended Market Index Fund (FSMAX) has a volatility of 6.01%. This indicates that PCBIX experiences smaller price fluctuations and is considered to be less risky than FSMAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| PCBIX | FSMAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.56% | 6.01% | -1.45% |
Volatility (6M)Calculated over the trailing 6-month period | 10.34% | 13.07% | -2.73% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.28% | 22.79% | -4.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.53% | 22.32% | -3.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.09% | 30.19% | -11.10% |