PCBIX vs. PMEGX
Compare and contrast key facts about Principal MidCap Fund Institutional Class (PCBIX) and T. Rowe Price Institutional Mid Cap Equity Growth Fund (PMEGX).
PCBIX is managed by Principal. It was launched on Dec 6, 2000. PMEGX is managed by T. Rowe Price. It was launched on Jul 31, 1996.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PCBIX or PMEGX.
Performance
PCBIX vs. PMEGX - Performance Comparison
Returns By Period
In the year-to-date period, PCBIX achieves a 23.52% return, which is significantly higher than PMEGX's 10.08% return. Over the past 10 years, PCBIX has outperformed PMEGX with an annualized return of 7.72%, while PMEGX has yielded a comparatively lower 5.27% annualized return.
PCBIX
23.52%
0.47%
12.06%
28.40%
8.66%
7.72%
PMEGX
10.08%
-0.96%
3.65%
13.05%
4.30%
5.27%
Key characteristics
| PCBIX | PMEGX | |
|---|---|---|
| Sharpe Ratio | 2.18 | 0.94 |
| Sortino Ratio | 2.94 | 1.29 |
| Omega Ratio | 1.37 | 1.18 |
| Calmar Ratio | 1.50 | 0.47 |
| Martin Ratio | 12.74 | 3.83 |
| Ulcer Index | 2.29% | 3.60% |
| Daily Std Dev | 13.41% | 14.61% |
| Max Drawdown | -57.73% | -60.81% |
| Current Drawdown | -2.23% | -20.17% |
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. PMEGX - Expense Ratio Comparison
PCBIX has a 0.67% expense ratio, which is higher than PMEGX's 0.61% expense ratio.
Correlation
The correlation between PCBIX and PMEGX is 0.92, 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. PMEGX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Principal MidCap Fund Institutional Class (PCBIX) and T. Rowe Price Institutional Mid Cap Equity Growth Fund (PMEGX). 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. PMEGX - Dividend Comparison
PCBIX's dividend yield for the trailing twelve months is around 0.03%, less than PMEGX's 0.15% 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% |
PMEGX T. Rowe Price Institutional Mid Cap Equity Growth Fund | 0.15% | 0.17% | 0.00% | 0.00% | 8.94% | 0.31% | 0.27% | 0.13% | 0.20% | 0.00% | 0.00% | 0.00% |
Drawdowns
PCBIX vs. PMEGX - Drawdown Comparison
The maximum PCBIX drawdown since its inception was -57.73%, smaller than the maximum PMEGX drawdown of -60.81%. Use the drawdown chart below to compare losses from any high point for PCBIX and PMEGX. For additional features, visit the drawdowns tool.
Volatility
PCBIX vs. PMEGX - Volatility Comparison
Principal MidCap Fund Institutional Class (PCBIX) has a higher volatility of 4.55% compared to T. Rowe Price Institutional Mid Cap Equity Growth Fund (PMEGX) at 4.20%. This indicates that PCBIX's price experiences larger fluctuations and is considered to be riskier than PMEGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.