PHPPX vs. WFDDX
Compare and contrast key facts about Principal MidCap Growth Fund (PHPPX) and Allspring Discovery SMID Cap Growth Fund (WFDDX).
PHPPX is managed by Principal. It was launched on Dec 6, 2000. WFDDX is managed by Allspring Global Investments. It was launched on Apr 8, 2005.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PHPPX or WFDDX.
Key characteristics
| PHPPX | WFDDX | |
|---|---|---|
| YTD Return | 25.28% | 25.89% |
| 1Y Return | 37.51% | 46.16% |
| 3Y Return (Ann) | -8.59% | -15.32% |
| 5Y Return (Ann) | 6.70% | -1.79% |
| 10Y Return (Ann) | 3.70% | -0.67% |
| Sharpe Ratio | 2.23 | 2.73 |
| Sortino Ratio | 3.03 | 3.68 |
| Omega Ratio | 1.39 | 1.46 |
| Calmar Ratio | 0.88 | 0.80 |
| Martin Ratio | 10.50 | 17.48 |
| Ulcer Index | 3.74% | 2.75% |
| Daily Std Dev | 17.60% | 17.63% |
| Max Drawdown | -54.70% | -64.36% |
| Current Drawdown | -23.89% | -41.91% |
Correlation
The correlation between PHPPX and WFDDX is 0.93, 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.
Performance
PHPPX vs. WFDDX - Performance Comparison
The year-to-date returns for both investments are quite close, with PHPPX having a 25.28% return and WFDDX slightly higher at 25.89%. Over the past 10 years, PHPPX has outperformed WFDDX with an annualized return of 3.70%, while WFDDX has yielded a comparatively lower -0.67% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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PHPPX vs. WFDDX - Expense Ratio Comparison
PHPPX has a 0.92% expense ratio, which is lower than WFDDX's 1.11% expense ratio.
Risk-Adjusted Performance
PHPPX vs. WFDDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Principal MidCap Growth Fund (PHPPX) and Allspring Discovery SMID Cap Growth Fund (WFDDX). 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
PHPPX vs. WFDDX - Dividend Comparison
Neither PHPPX nor WFDDX has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
PHPPX Principal MidCap Growth Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.14% |
WFDDX Allspring Discovery SMID Cap Growth Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
PHPPX vs. WFDDX - Drawdown Comparison
The maximum PHPPX drawdown since its inception was -54.70%, smaller than the maximum WFDDX drawdown of -64.36%. Use the drawdown chart below to compare losses from any high point for PHPPX and WFDDX. For additional features, visit the drawdowns tool.
Volatility
PHPPX vs. WFDDX - Volatility Comparison
The current volatility for Principal MidCap Growth Fund (PHPPX) is 5.20%, while Allspring Discovery SMID Cap Growth Fund (WFDDX) has a volatility of 5.61%. This indicates that PHPPX experiences smaller price fluctuations and is considered to be less risky than WFDDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.