PCBIX vs. MGOYX
PCBIX (Principal MidCap Fund Institutional Class) and MGOYX (Victory Munder Mid-Cap Core Growth Fund) are both Mid Cap Growth Equities funds. Over the past 10 years, PCBIX returned 11.82%/yr vs 11.03%/yr for MGOYX. Their correlation of 0.92 means they have usually moved in the same direction. PCBIX charges 0.67%/yr vs 0.98%/yr for MGOYX.
Performance
PCBIX vs. MGOYX - Performance Comparison
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Returns By Period
In the year-to-date period, PCBIX achieves a -3.74% return, which is significantly lower than MGOYX's 21.50% return. Over the past 10 years, PCBIX has outperformed MGOYX with an annualized return of 11.82%, while MGOYX has yielded a comparatively lower 11.03% annualized return.
PCBIX
- 1D
- -1.39%
- 1M
- -0.60%
- 6M
- -3.13%
- YTD
- -3.74%
- 1Y
- -7.35%
- 3Y*
- 9.29%
- 5Y*
- 4.47%
- 10Y*
- 11.82%
- ALL TIME*
- 10.93%
MGOYX
- 1D
- 1.82%
- 1M
- 0.83%
- 6M
- 16.08%
- YTD
- 21.50%
- 1Y
- 27.05%
- 3Y*
- 16.01%
- 5Y*
- 7.75%
- 10Y*
- 11.03%
- ALL TIME*
- 10.40%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
PCBIX vs. MGOYX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PCBIX Principal MidCap Fund Institutional Class | -3.74% | 1.62% | 23.63% | 25.92% | -23.16% | 25.22% | 18.25% | 49.40% | -6.86% | 25.32% |
MGOYX Victory Munder Mid-Cap Core Growth Fund | 21.50% | 12.03% | 10.93% | 14.82% | -21.31% | 25.97% | 20.61% | 26.22% | -14.19% | 24.55% |
Correlation
The correlation between PCBIX and MGOYX is 0.59, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.59 |
Correlation (3Y) Balances recent behavior with more history. | 0.78 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.86 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.88 |
Correlation (All Time) Calculated using the full available price history since Feb 28, 2001 | 0.92 |
Over the past year, the correlation between PCBIX and MGOYX has dropped to 0.59 - well below their long-term average of 0.92, suggesting their price drivers have been diverging.
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Return for Risk
PCBIX vs. MGOYX — Risk / Return Rank
PCBIX
MGOYX
PCBIX vs. MGOYX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Principal MidCap Fund Institutional Class (PCBIX) and Victory Munder Mid-Cap Core Growth Fund (MGOYX). 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.
| PCBIX | MGOYX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.26 | ||
| Sortino ratioReturn per unit of downside risk | -3.18 | ||
| Omega ratioGain probability vs. loss probability | 0.91 | 1.29 | -0.38 |
| Calmar ratioReturn relative to maximum drawdown | -0.48 | 3.14 | -3.62 |
| Martin ratioReturn relative to average drawdown | -0.94 | 11.71 | -12.65 |
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Drawdowns
PCBIX vs. MGOYX - Drawdown Comparison
The maximum PCBIX drawdown since its inception was -50.25%, smaller than the maximum MGOYX drawdown of -57.23%. Use the drawdown chart below to compare losses from any high point for PCBIX and MGOYX.
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Drawdown Indicators
| PCBIX | MGOYX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.25% | -57.23% | +6.98% |
Max Drawdown (1Y)Largest decline over 1 year | -19.29% | -7.81% | -11.48% |
Max Drawdown (3Y)Largest decline over 3 years | -19.29% | -26.05% | +6.76% |
Max Drawdown (5Y)Largest decline over 5 years | -31.17% | -40.49% | +9.32% |
Max Drawdown (10Y)Largest decline over 10 years | -40.56% | -40.49% | -0.07% |
Current DrawdownCurrent decline from peak | -10.03% | -1.09% | -8.94% |
Average DrawdownAverage peak-to-trough decline | -6.58% | -10.91% | +4.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.82% | 2.10% | +7.72% |
Volatility
PCBIX vs. MGOYX - Volatility Comparison
Principal MidCap Fund Institutional Class (PCBIX) has a higher volatility of 5.19% compared to Victory Munder Mid-Cap Core Growth Fund (MGOYX) at 3.74%. This indicates that PCBIX's price experiences larger fluctuations and is considered to be riskier than MGOYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PCBIX | MGOYX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.19% | 3.74% | +1.45% |
Volatility (6M)Calculated over the trailing 6-month period | 12.00% | 12.02% | -0.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.15% | 14.91% | +0.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.75% | 25.11% | -6.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.14% | 23.23% | -4.09% |
PCBIX vs. MGOYX - Expense Ratio Comparison
PCBIX has a 0.67% expense ratio, which is lower than MGOYX's 0.98% expense ratio.
Dividends
PCBIX vs. MGOYX - Dividend Comparison
PCBIX's dividend yield for the trailing twelve months is around 6.04%, less than MGOYX's 12.65% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MGOYX Victory Munder Mid-Cap Core Growth Fund | 12.65% | 15.37% | 15.72% | 4.54% | 12.23% | 25.13% | 18.63% | 60.72% | 49.01% | 19.34% | 12.76% | 10.52% |
PCBIX Principal MidCap Fund Institutional Class | 6.04% | 5.81% | 6.40% | 2.51% | 3.18% | 7.96% | 1.08% | 9.02% | 12.24% | 3.31% | 2.49% | 6.30% |
Frequently Asked Questions
PCBIX and MGOYX have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PCBIX has higher volatility (5.19%) compared to MGOYX (3.74%). In terms of maximum drawdown, PCBIX dropped -50.25% vs MGOYX's -57.23%.
MGOYX currently has the higher Sharpe Ratio (1.65 vs -0.61), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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