PFG vs. AB
PFG (Principal Financial Group, Inc.) and AB (AllianceBernstein Holding L.P.) are both stocks. Both are in the Financial Services sector — PFG in Insurance - Diversified, AB in Asset Management. Over the past 10 years, PFG returned 14.54%/yr vs 14.50%/yr for AB. At a 0.49 correlation, their price movements are largely independent.
Performance
PFG vs. AB - Performance Comparison
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Returns By Period
In the year-to-date period, PFG achieves a 28.11% return, which is significantly higher than AB's -0.96% return. Both investments have delivered pretty close results over the past 10 years, with PFG having a 14.54% annualized return and AB not far behind at 14.50%.
PFG
- 1D
- 1.30%
- 1M
- 11.41%
- YTD
- 28.11%
- 6M
- 25.65%
- 1Y
- 51.78%
- 3Y*
- 19.02%
- 5Y*
- 15.41%
- 10Y*
- 14.54%
AB
- 1D
- 0.11%
- 1M
- -4.26%
- YTD
- -0.96%
- 6M
- -4.63%
- 1Y
- 0.70%
- 3Y*
- 11.54%
- 5Y*
- 3.80%
- 10Y*
- 14.50%
PFG vs. AB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PFG Principal Financial Group, Inc. | 28.11% | 18.38% | 1.87% | -2.83% | 20.10% | 51.35% | -5.19% | 29.71% | -34.96% | 25.52% |
AB AllianceBernstein Holding L.P. | -0.96% | 13.36% | 30.40% | -2.29% | -23.46% | 56.27% | 23.00% | 19.85% | 21.04% | 16.76% |
Correlation
The correlation between PFG and AB is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.28 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.37 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.48 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.50 |
Correlation (All Time) Calculated using the full available price history since Oct 23, 2001 | 0.49 |
Over the past year, the correlation between PFG and AB has dropped to 0.28 - well below their long-term average of 0.49, suggesting their price drivers have been diverging.
Fundamentals
PFG:
$24.48B
AB:
$3.37B
PFG:
$6.97
AB:
$3.22
PFG:
15.93
AB:
11.32
PFG:
2.06
AB:
14.08
PFG:
2.07
AB:
2.67
PFG:
$12.07B
AB:
$250.00M
PFG:
$5.76B
AB:
$250.00M
PFG:
$1.39B
AB:
$252.50M
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Return for Risk
PFG vs. AB — Risk / Return Rank
PFG
AB
PFG vs. AB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Principal Financial Group, Inc. (PFG) and AllianceBernstein Holding L.P. (AB). 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.
| PFG | AB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.34 | ||
| Sortino ratioReturn per unit of downside risk | +2.82 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.01 | +0.37 |
| Calmar ratioReturn relative to maximum drawdown | 4.16 | -0.09 | +4.25 |
| Martin ratioReturn relative to average drawdown | 13.49 | -0.19 | +13.68 |
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Drawdowns
PFG vs. AB - Drawdown Comparison
The maximum PFG drawdown since its inception was -91.50%, roughly equal to the maximum AB drawdown of -87.65%. Use the drawdown chart below to compare losses from any high point for PFG and AB.
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Drawdown Indicators
| PFG | AB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.50% | -87.65% | -3.85% |
Max Drawdown (1Y)Largest decline over 1 year | -11.96% | -14.68% | +2.72% |
Max Drawdown (3Y)Largest decline over 3 years | -22.43% | -20.59% | -1.84% |
Max Drawdown (5Y)Largest decline over 5 years | -29.32% | -45.76% | +16.44% |
Max Drawdown (10Y)Largest decline over 10 years | -64.73% | -58.08% | -6.65% |
Current DrawdownCurrent decline from peak | 0.00% | -10.95% | +10.95% |
Average DrawdownAverage peak-to-trough decline | -21.84% | -26.20% | +4.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.69% | 6.79% | -3.10% |
Volatility
PFG vs. AB - Volatility Comparison
Principal Financial Group, Inc. (PFG) has a higher volatility of 5.39% compared to AllianceBernstein Holding L.P. (AB) at 4.16%. This indicates that PFG's price experiences larger fluctuations and is considered to be riskier than AB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PFG | AB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.39% | 4.16% | +1.23% |
Volatility (6M)Calculated over the trailing 6-month period | 15.57% | 17.94% | -2.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.87% | 22.38% | -0.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.64% | 28.23% | -1.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.95% | 32.39% | -0.44% |
Dividends
PFG vs. AB - Dividend Comparison
PFG's dividend yield for the trailing twelve months is around 2.87%, less than AB's 9.36% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AB AllianceBernstein Holding L.P. | 9.36% | 9.02% | 8.03% | 8.44% | 10.30% | 7.33% | 8.26% | 7.67% | 10.54% | 8.50% | 7.46% | 8.09% |
PFG Principal Financial Group, Inc. | 2.87% | 3.49% | 3.68% | 3.30% | 3.05% | 3.37% | 4.52% | 3.96% | 4.75% | 2.65% | 2.78% | 3.33% |
Financials
PFG vs. AB - Financials Comparison
This section allows you to compare key financial metrics between Principal Financial Group, Inc. and AllianceBernstein Holding L.P.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
PFG and AB have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PFG has higher volatility (5.39%) compared to AB (4.16%). In terms of maximum drawdown, PFG dropped -91.50% vs AB's -87.65%.
PFG currently has the higher Sharpe Ratio (2.28 vs -0.06), 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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