PCBIX vs. MGK
Compare and contrast key facts about Principal MidCap Fund Institutional Class (PCBIX) and Vanguard Mega Cap Growth ETF (MGK).
PCBIX is managed by Principal. It was launched on Dec 6, 2000. MGK is a passively managed fund by Vanguard that tracks the performance of the MSCI US Large Cap Growth Index. It was launched on Dec 17, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PCBIX or MGK.
Performance
PCBIX vs. MGK - Performance Comparison
Returns By Period
In the year-to-date period, PCBIX achieves a 27.60% return, which is significantly lower than MGK's 29.84% return. Over the past 10 years, PCBIX has underperformed MGK with an annualized return of 8.01%, while MGK has yielded a comparatively higher 16.23% annualized return.
PCBIX
27.60%
6.45%
16.72%
32.13%
9.36%
8.01%
MGK
29.84%
3.49%
13.78%
34.37%
20.05%
16.23%
Key characteristics
| PCBIX | MGK | |
|---|---|---|
| Sharpe Ratio | 2.38 | 1.99 |
| Sortino Ratio | 3.19 | 2.61 |
| Omega Ratio | 1.40 | 1.36 |
| Calmar Ratio | 1.65 | 2.54 |
| Martin Ratio | 13.99 | 9.62 |
| Ulcer Index | 2.30% | 3.57% |
| Daily Std Dev | 13.52% | 17.30% |
| Max Drawdown | -57.73% | -48.36% |
| Current Drawdown | 0.00% | -1.37% |
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. MGK - Expense Ratio Comparison
PCBIX has a 0.67% expense ratio, which is higher than MGK's 0.07% expense ratio.
Correlation
The correlation between PCBIX and MGK is 0.85, 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.
Risk-Adjusted Performance
PCBIX vs. MGK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Principal MidCap Fund Institutional Class (PCBIX) and Vanguard Mega Cap Growth ETF (MGK). 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. MGK - Dividend Comparison
PCBIX's dividend yield for the trailing twelve months is around 0.03%, less than MGK's 0.42% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PCBIX Principal MidCap Fund Institutional Class | 0.03% | 0.04% | 0.00% | 0.00% | 0.00% | 0.47% | 0.07% | 0.05% | 0.41% | 0.13% | 0.36% | 0.24% |
MGK Vanguard Mega Cap Growth ETF | 0.42% | 0.50% | 0.70% | 0.41% | 0.65% | 0.85% | 1.12% | 1.23% | 1.53% | 1.43% | 1.25% | 1.29% |
Drawdowns
PCBIX vs. MGK - Drawdown Comparison
The maximum PCBIX drawdown since its inception was -57.73%, which is greater than MGK's maximum drawdown of -48.36%. Use the drawdown chart below to compare losses from any high point for PCBIX and MGK. For additional features, visit the drawdowns tool.
Volatility
PCBIX vs. MGK - Volatility Comparison
The current volatility for Principal MidCap Fund Institutional Class (PCBIX) is 4.61%, while Vanguard Mega Cap Growth ETF (MGK) has a volatility of 5.36%. This indicates that PCBIX experiences smaller price fluctuations and is considered to be less risky than MGK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.