PDRDX vs. PMAQX
PDRDX (Principal Diversified Real Asset Fund) and PMAQX (Principal MidCap R6) are both mutual funds - PDRDX is a Global Allocation fund managed by Principal, while PMAQX is a Mid Cap Growth Equities fund managed by Principal. Over the past 5 years, PDRDX returned 6.41%/yr vs 4.56%/yr for PMAQX. Their 0.66 correlation means they have sometimes moved together and sometimes differently. PDRDX charges 0.83%/yr vs 0.60%/yr for PMAQX.
Performance
PDRDX vs. PMAQX - Performance Comparison
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Returns By Period
In the year-to-date period, PDRDX achieves a 13.53% return, which is significantly higher than PMAQX's -3.68% return.
PDRDX
- 1D
- 0.73%
- 1M
- 2.99%
- 6M
- 7.22%
- YTD
- 13.53%
- 1Y
- 21.77%
- 3Y*
- 10.30%
- 5Y*
- 6.41%
- 10Y*
- 6.37%
- ALL TIME*
- 5.30%
PMAQX
- 1D
- -1.38%
- 1M
- -0.58%
- 6M
- -3.05%
- YTD
- -3.68%
- 1Y
- -7.25%
- 3Y*
- 9.39%
- 5Y*
- 4.56%
- 10Y*
- —
- ALL TIME*
- 12.28%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
PMAQX Principal MidCap R6 | $0.00 | $0.00 | $0.00 |
PDRDX vs. PMAQX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PDRDX Principal Diversified Real Asset Fund | 13.53% | 14.63% | 3.09% | 3.22% | -6.19% | 17.30% | 3.97% | 15.02% | -7.90% | 10.18% |
PMAQX Principal MidCap R6 | -3.68% | 1.71% | 23.74% | 26.02% | -23.09% | 25.29% | 18.38% | 49.59% | -6.79% | 24.68% |
Correlation
The correlation between PDRDX and PMAQX is 0.38, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.38 |
Correlation (3Y) Balances recent behavior with more history. | 0.55 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.61 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 2017 | 0.66 |
Over the past year, the correlation between PDRDX and PMAQX has dropped to 0.38 - well below their long-term average of 0.66, suggesting their price drivers have been diverging.
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Return for Risk
PDRDX vs. PMAQX — Risk / Return Rank
PDRDX
PMAQX
PDRDX vs. PMAQX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Principal Diversified Real Asset Fund (PDRDX) and Principal MidCap R6 (PMAQX). 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.
| PDRDX | PMAQX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.81 | ||
| Sortino ratioReturn per unit of downside risk | +3.81 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 0.91 | +0.48 |
| Calmar ratioReturn relative to maximum drawdown | 3.59 | -0.48 | +4.07 |
| Martin ratioReturn relative to average drawdown | 11.79 | -0.94 | +12.72 |
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Drawdowns
PDRDX vs. PMAQX - Drawdown Comparison
The maximum PDRDX drawdown since its inception was -28.55%, smaller than the maximum PMAQX drawdown of -40.56%. Use the drawdown chart below to compare losses from any high point for PDRDX and PMAQX.
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Drawdown Indicators
| PDRDX | PMAQX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.55% | -40.56% | +12.01% |
Max Drawdown (1Y)Largest decline over 1 year | -5.88% | -19.25% | +13.37% |
Max Drawdown (3Y)Largest decline over 3 years | -10.94% | -19.25% | +8.31% |
Max Drawdown (5Y)Largest decline over 5 years | -19.35% | -31.10% | +11.75% |
Max Drawdown (10Y)Largest decline over 10 years | -28.55% | — | — |
Current DrawdownCurrent decline from peak | -1.11% | -9.95% | +8.84% |
Average DrawdownAverage peak-to-trough decline | -5.95% | -6.89% | +0.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.79% | 9.79% | -8.00% |
Volatility
PDRDX vs. PMAQX - Volatility Comparison
The current volatility for Principal Diversified Real Asset Fund (PDRDX) is 2.55%, while Principal MidCap R6 (PMAQX) has a volatility of 5.19%. This indicates that PDRDX experiences smaller price fluctuations and is considered to be less risky than PMAQX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PDRDX | PMAQX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.55% | 5.19% | -2.64% |
Volatility (6M)Calculated over the trailing 6-month period | 8.05% | 12.03% | -3.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.64% | 15.17% | -5.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.01% | 18.75% | -7.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.80% | 19.43% | -8.63% |
PDRDX vs. PMAQX - Expense Ratio Comparison
PDRDX has a 0.83% expense ratio, which is higher than PMAQX's 0.60% expense ratio.
Dividends
PDRDX vs. PMAQX - Dividend Comparison
PDRDX's dividend yield for the trailing twelve months is around 3.64%, less than PMAQX's 6.02% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PDRDX Principal Diversified Real Asset Fund | 3.64% | 4.19% | 2.43% | 2.52% | 12.88% | 6.56% | 0.52% | 2.36% | 3.47% | 2.21% | 2.61% | 0.99% |
PMAQX Principal MidCap R6 | 6.02% | 5.80% | 6.46% | 2.58% | 3.18% | 7.96% | 1.08% | 9.14% | 12.39% | 3.39% | 0.00% | 0.00% |
Frequently Asked Questions
PDRDX and PMAQX have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PMAQX has higher volatility (5.19%) compared to PDRDX (2.55%). In terms of maximum drawdown, PDRDX dropped -28.55% vs PMAQX's -40.56%.
PDRDX currently has the higher Sharpe Ratio (2.20 vs -0.60), 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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