PDODX vs. PLWIX
PDODX (Prudential Day One 2065 Fund) and PLWIX (Principal LifeTime 2020 Fund) are both Target Retirement Date funds. Over the past 5 years, PDODX returned 10.24%/yr vs 4.88%/yr for PLWIX. Their correlation of 0.93 means they have usually moved in the same direction. PDODX charges 0.41%/yr vs 0.01%/yr for PLWIX.
Performance
PDODX vs. PLWIX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PDODX achieves a 11.79% return, which is significantly higher than PLWIX's 3.96% return.
PDODX
- 1D
- 2.00%
- 1M
- -0.25%
- 6M
- 8.05%
- YTD
- 11.79%
- 1Y
- 23.73%
- 3Y*
- 17.43%
- 5Y*
- 10.24%
- 10Y*
- —
- ALL TIME*
- 11.90%
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 |
PDODX vs. PLWIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
PDODX Prudential Day One 2065 Fund | 11.79% | 19.61% | 17.63% | 17.95% | -15.68% | 19.67% | 11.27% | 1.07% |
PLWIX Principal LifeTime 2020 Fund | 3.96% | 11.32% | 12.21% | 12.23% | -14.36% | 9.05% | 12.70% | 0.87% |
Correlation
The correlation between PDODX and PLWIX is 0.95, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.95 |
Correlation (3Y) Balances recent behavior with more history. | 0.92 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.93 |
Correlation (All Time) Calculated using the full available price history since Dec 16, 2019 | 0.93 |
The correlation between PDODX and PLWIX has been stable across timeframes, ranging from 0.92 to 0.95 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
PDODX vs. PLWIX — Risk / Return Rank
PDODX
PLWIX
PDODX vs. PLWIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Prudential Day One 2065 Fund (PDODX) 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.
| PDODX | PLWIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.27 | ||
| Sortino ratioReturn per unit of downside risk | +0.34 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.25 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 2.27 | 1.81 | +0.45 |
| Martin ratioReturn relative to average drawdown | 9.71 | 7.75 | +1.96 |
Loading charts...
Drawdowns
PDODX vs. PLWIX - Drawdown Comparison
The maximum PDODX drawdown since its inception was -34.89%, smaller than the maximum PLWIX drawdown of -49.07%. Use the drawdown chart below to compare losses from any high point for PDODX and PLWIX.
Loading charts...
Drawdown Indicators
| PDODX | PLWIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.89% | -49.07% | +14.18% |
Max Drawdown (1Y)Largest decline over 1 year | -9.54% | -4.75% | -4.79% |
Max Drawdown (3Y)Largest decline over 3 years | -15.78% | -6.97% | -8.81% |
Max Drawdown (5Y)Largest decline over 5 years | -24.13% | -19.73% | -4.40% |
Max Drawdown (10Y)Largest decline over 10 years | — | -20.29% | — |
Current DrawdownCurrent decline from peak | -1.25% | -0.71% | -0.54% |
Average DrawdownAverage peak-to-trough decline | -5.34% | -5.69% | +0.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.22% | 1.11% | +1.11% |
Volatility
PDODX vs. PLWIX - Volatility Comparison
Prudential Day One 2065 Fund (PDODX) has a higher volatility of 3.88% compared to Principal LifeTime 2020 Fund (PLWIX) at 1.73%. This indicates that PDODX's price experiences larger fluctuations and is considered to be riskier than PLWIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| PDODX | PLWIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.88% | 1.73% | +2.15% |
Volatility (6M)Calculated over the trailing 6-month period | 11.20% | 5.32% | +5.88% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.39% | 6.39% | +7.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.24% | 8.29% | +6.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.28% | 8.52% | +10.76% |
PDODX vs. PLWIX - Expense Ratio Comparison
PDODX has a 0.41% expense ratio, which is higher than PLWIX's 0.01% expense ratio.
Dividends
PDODX vs. PLWIX - Dividend Comparison
PDODX's dividend yield for the trailing twelve months is around 2.37%, less than PLWIX's 9.70% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PDODX Prudential Day One 2065 Fund | 2.37% | 2.65% | 10.76% | 1.61% | 4.74% | 7.97% | 0.74% | 0.47% | 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 0.95, PDODX 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.
PDODX has higher volatility (3.88%) compared to PLWIX (1.73%). In terms of maximum drawdown, PDODX dropped -34.89% vs PLWIX's -49.07%.
PDODX currently has the higher Sharpe Ratio (1.62 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.
Find the right allocation for PDODX and PLWIX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer