PCBIX vs. PDSYX
PCBIX (Principal MidCap Fund Institutional Class) and PDSYX (Principal Diversified Select Real Asset Fund) are both mutual funds - PCBIX is a Mid Cap Growth Equities fund managed by Principal, while PDSYX is a Global Allocation fund managed by Principal. Over the past 5 years, PCBIX returned 4.47%/yr vs 3.56%/yr for PDSYX. Their 0.68 correlation means they have sometimes moved together and sometimes differently. PCBIX charges 0.67%/yr vs 1.20%/yr for PDSYX.
Performance
PCBIX vs. PDSYX - 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 PDSYX's 5.66% 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%
PDSYX
- 1D
- 0.28%
- 1M
- 0.95%
- 6M
- 3.92%
- YTD
- 5.66%
- 1Y
- 9.38%
- 3Y*
- 5.91%
- 5Y*
- 3.56%
- 10Y*
- —
- ALL TIME*
- 4.91%
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. PDSYX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
PCBIX Principal MidCap Fund Institutional Class | -3.74% | 1.62% | 23.63% | 25.92% | -23.16% | 25.22% | 18.25% | 12.04% |
PDSYX Principal Diversified Select Real Asset Fund | 5.66% | 7.90% | 3.65% | 2.45% | -5.36% | 14.81% | 2.43% | 4.08% |
Correlation
The correlation between PCBIX and PDSYX is 0.35, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.35 |
Correlation (3Y) Balances recent behavior with more history. | 0.55 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.63 |
Correlation (All Time) Calculated using the full available price history since Jul 11, 2019 | 0.68 |
Over the past year, the correlation between PCBIX and PDSYX has dropped to 0.35 - well below their long-term average of 0.68, suggesting their price drivers have been diverging.
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Return for Risk
PCBIX vs. PDSYX — Risk / Return Rank
PCBIX
PDSYX
PCBIX vs. PDSYX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Principal MidCap Fund Institutional Class (PCBIX) and Principal Diversified Select Real Asset Fund (PDSYX). 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 | PDSYX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.70 | ||
| Sortino ratioReturn per unit of downside risk | -5.67 | ||
| Omega ratioGain probability vs. loss probability | 0.91 | 1.63 | -0.71 |
| Calmar ratioReturn relative to maximum drawdown | -0.48 | 4.72 | -5.20 |
| Martin ratioReturn relative to average drawdown | -0.94 | 18.93 | -19.87 |
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Drawdowns
PCBIX vs. PDSYX - Drawdown Comparison
The maximum PCBIX drawdown since its inception was -50.25%, which is greater than PDSYX's maximum drawdown of -30.01%. Use the drawdown chart below to compare losses from any high point for PCBIX and PDSYX.
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Drawdown Indicators
| PCBIX | PDSYX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.25% | -30.01% | -20.24% |
Max Drawdown (1Y)Largest decline over 1 year | -19.29% | -1.98% | -17.31% |
Max Drawdown (3Y)Largest decline over 3 years | -19.29% | -5.84% | -13.45% |
Max Drawdown (5Y)Largest decline over 5 years | -31.17% | -10.95% | -20.22% |
Max Drawdown (10Y)Largest decline over 10 years | -40.56% | — | — |
Current DrawdownCurrent decline from peak | -10.03% | 0.00% | -10.03% |
Average DrawdownAverage peak-to-trough decline | -6.58% | -4.26% | -2.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.82% | 0.49% | +9.33% |
Volatility
PCBIX vs. PDSYX - Volatility Comparison
Principal MidCap Fund Institutional Class (PCBIX) has a higher volatility of 5.19% compared to Principal Diversified Select Real Asset Fund (PDSYX) at 0.72%. This indicates that PCBIX's price experiences larger fluctuations and is considered to be riskier than PDSYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PCBIX | PDSYX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.19% | 0.72% | +4.47% |
Volatility (6M)Calculated over the trailing 6-month period | 12.00% | 2.36% | +9.64% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.15% | 3.02% | +12.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.75% | 6.23% | +12.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.14% | 8.63% | +10.51% |
PCBIX vs. PDSYX - Expense Ratio Comparison
PCBIX has a 0.67% expense ratio, which is lower than PDSYX's 1.20% expense ratio.
Dividends
PCBIX vs. PDSYX - Dividend Comparison
PCBIX's dividend yield for the trailing twelve months is around 6.04%, more than PDSYX's 1.55% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
PDSYX Principal Diversified Select Real Asset Fund | 1.55% | 1.85% | 2.18% | 2.06% | 1.58% | 7.46% | 2.70% | 1.21% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
PCBIX and PDSYX have a correlation of 0.35, 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 PDSYX (0.72%). In terms of maximum drawdown, PCBIX dropped -50.25% vs PDSYX's -30.01%.
PDSYX currently has the higher Sharpe Ratio (3.09 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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