PDIZX vs. PLWIX
PDIZX (Putnam Retirement Advantage 2030 Fund) and PLWIX (Principal LifeTime 2020 Fund) are both Target Retirement Date funds. Over the past 5 years, PDIZX returned 5.62%/yr vs 4.88%/yr for PLWIX. Their correlation of 0.95 means they have usually moved in the same direction. PDIZX charges 0.45%/yr vs 0.01%/yr for PLWIX.
Performance
PDIZX vs. PLWIX - Performance Comparison
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Returns By Period
As of year-to-date, both investments have demonstrated similar returns, with PDIZX at 3.96% and PLWIX at 3.96%.
PDIZX
- 1D
- 0.62%
- 1M
- -0.53%
- 6M
- 2.83%
- YTD
- 3.96%
- 1Y
- 10.04%
- 3Y*
- 11.16%
- 5Y*
- 5.62%
- 10Y*
- —
- ALL TIME*
- 7.47%
PLWIX
- 1D
- 0.72%
- 1M
- -0.16%
- 6M
- 2.52%
- YTD
- 3.96%
- 1Y
- 9.09%
- 3Y*
- 10.38%
- 5Y*
- 4.88%
- 10Y*
- 7.07%
- ALL TIME*
- 5.98%
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 |
PDIZX vs. PLWIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
PDIZX Putnam Retirement Advantage 2030 Fund | 3.96% | 11.93% | 8.54% | 18.82% | -14.27% | 12.07% | 11.36% |
PLWIX Principal LifeTime 2020 Fund | 3.96% | 11.32% | 12.21% | 12.23% | -14.36% | 9.05% | 12.70% |
Correlation
The correlation between PDIZX and PLWIX is 0.96 - they have historically moved very closely together. At this level, their price movements offset little of one another.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.96 |
Correlation (3Y) Balances recent behavior with more history. | 0.94 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.95 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2020 | 0.95 |
The correlation between PDIZX and PLWIX has been stable across timeframes, ranging from 0.94 to 0.96 - a consistent structural relationship.
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Return for Risk
PDIZX vs. PLWIX — Risk / Return Rank
PDIZX
PLWIX
PDIZX vs. PLWIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Putnam Retirement Advantage 2030 Fund (PDIZX) and Principal LifeTime 2020 Fund (PLWIX). 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.
| PDIZX | PLWIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.37 | ||
| Sortino ratioReturn per unit of downside risk | +0.54 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.25 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 2.52 | 1.81 | +0.71 |
| Martin ratioReturn relative to average drawdown | 10.89 | 7.75 | +3.14 |
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Drawdowns
PDIZX vs. PLWIX - Drawdown Comparison
The maximum PDIZX drawdown since its inception was -21.03%, smaller than the maximum PLWIX drawdown of -49.07%. Use the drawdown chart below to compare losses from any high point for PDIZX and PLWIX.
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Drawdown Indicators
| PDIZX | PLWIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.03% | -49.07% | +28.04% |
Max Drawdown (1Y)Largest decline over 1 year | -3.96% | -4.75% | +0.79% |
Max Drawdown (3Y)Largest decline over 3 years | -7.31% | -6.97% | -0.34% |
Max Drawdown (5Y)Largest decline over 5 years | -18.97% | -19.73% | +0.76% |
Max Drawdown (10Y)Largest decline over 10 years | — | -20.29% | — |
Current DrawdownCurrent decline from peak | -0.88% | -0.71% | -0.17% |
Average DrawdownAverage peak-to-trough decline | -4.24% | -5.69% | +1.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.92% | 1.11% | -0.19% |
Volatility
PDIZX vs. PLWIX - Volatility Comparison
Putnam Retirement Advantage 2030 Fund (PDIZX) and Principal LifeTime 2020 Fund (PLWIX) have volatilities of 1.74% and 1.73%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PDIZX | PLWIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.74% | 1.73% | +0.01% |
Volatility (6M)Calculated over the trailing 6-month period | 4.78% | 5.32% | -0.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.80% | 6.39% | -0.59% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.64% | 8.29% | +0.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.39% | 8.52% | +1.87% |
PDIZX vs. PLWIX - Expense Ratio Comparison
PDIZX has a 0.45% expense ratio, which is higher than PLWIX's 0.01% expense ratio.
Dividends
PDIZX vs. PLWIX - Dividend Comparison
PDIZX's dividend yield for the trailing twelve months is around 7.34%, less than PLWIX's 9.70% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PDIZX Putnam Retirement Advantage 2030 Fund | 7.34% | 7.63% | 4.91% | 3.15% | 7.76% | 12.48% | 1.28% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PLWIX Principal LifeTime 2020 Fund | 9.70% | 10.08% | 11.91% | 5.12% | 9.82% | 9.40% | 5.90% | 8.69% | 7.35% | 5.74% | 3.73% | 8.75% |
Frequently Asked Questions
With a correlation of 0.96, PDIZX and PLWIX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
PDIZX has higher volatility (1.74%) compared to PLWIX (1.73%). In terms of maximum drawdown, PDIZX dropped -21.03% vs PLWIX's -49.07%.
PDIZX currently has the higher Sharpe Ratio (1.72 vs 1.35), 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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