PHTJX vs. PTDIX

Last updated Jun 3, 2026

PHTJX (Principal LifeTime Hybrid 2035 Fund) and PTDIX (Principal LifeTime 2040 Fund) are both Target Retirement Date funds from Principal. Over the past 10 years, PHTJX returned 9.60%/yr vs 10.52%/yr for PTDIX. With a 0.99 correlation, they move nearly in lockstep. PHTJX charges 0.05%/yr vs 0.01%/yr for PTDIX.

Performance

PHTJX vs. PTDIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Principal LifeTime Hybrid 2035 Fund (PHTJX) and Principal LifeTime 2040 Fund (PTDIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with PHTJX having a 7.73% return and PTDIX slightly lower at 7.44%. Over the past 10 years, PHTJX has underperformed PTDIX with an annualized return of 9.60%, while PTDIX has yielded a comparatively higher 10.52% annualized return.

PHTJX

• 1D: 0.42%
• 1M: 3.15%
• YTD: 7.73%
• 6M: 8.33%
• 1Y: 20.31%
• 3Y*: 14.95%
• 5Y*: 7.34%
• 10Y*: 9.60%

PTDIX

• 1D: 0.51%
• 1M: 3.17%
• YTD: 7.44%
• 6M: 8.09%
• 1Y: 19.15%
• 3Y*: 17.00%
• 5Y*: 8.14%
• 10Y*: 10.52%

*Multi-year figures are annualized to reflect compound growth (CAGR)

PHTJX vs. PTDIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PHTJX Principal LifeTime Hybrid 2035 Fund	7.73%	15.57%	12.67%	16.45%	-17.37%	15.57%	15.13%	22.69%	-8.00%	18.13%
PTDIX Principal LifeTime 2040 Fund	7.44%	15.59%	17.43%	18.33%	-18.13%	15.35%	16.04%	24.91%	-7.95%	20.69%

Correlation

The correlation between PHTJX and PTDIX is 0.99 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.99
Correlation (3Y) Calculated over the trailing 3-year period	0.99
Correlation (5Y) Calculated over the trailing 5-year period	0.99
Correlation (10Y) Calculated over the trailing 10-year period	0.99
Correlation (All Time) Calculated using the full available price history since Oct 2, 2014	0.99

The correlation between PHTJX and PTDIX has been stable across timeframes, ranging from 0.99 to 0.99 - a consistent structural relationship.

Return for Risk

PHTJX vs. PTDIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PHTJX

PHTJX Risk / Return Rank: 69
PHTJX Sharpe Ratio Rank: 67
PHTJX Sortino Ratio Rank: 67
PHTJX Omega Ratio Rank: 66
PHTJX Calmar Ratio Rank: 68
PHTJX Martin Ratio Rank: 77

PTDIX

PTDIX Risk / Return Rank: 49
PTDIX Sharpe Ratio Rank: 46
PTDIX Sortino Ratio Rank: 45
PTDIX Omega Ratio Rank: 47
PTDIX Calmar Ratio Rank: 48
PTDIX Martin Ratio Rank: 60

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PHTJX vs. PTDIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Principal LifeTime Hybrid 2035 Fund (PHTJX) and Principal LifeTime 2040 Fund (PTDIX). 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.

	PHTJX	PTDIX	Difference
Sharpe ratio Return per unit of total volatility	2.40	2.01	+0.39
Sortino ratio Return per unit of downside risk	3.41	2.85	+0.56
Omega ratio Gain probability vs. loss probability	1.45	1.37	+0.08
Calmar ratio Return relative to maximum drawdown	3.19	2.67	+0.52
Martin ratio Return relative to average drawdown	14.50	11.89	+2.62
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PHTJX vs. PTDIX - Sharpe Ratio Comparison

The current PHTJX Sharpe Ratio is 2.40, which is comparable to the PTDIX Sharpe Ratio of 2.01. The chart below compares the historical Sharpe Ratios of PHTJX and PTDIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	PHTJX	PTDIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.40	2.01	+0.39
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.63	0.61	+0.02
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.77	0.76	+0.01
Sharpe Ratio (All Time) Calculated using the full available price history	0.70	0.48	+0.23

Drawdowns

PHTJX vs. PTDIX - Drawdown Comparison

The maximum PHTJX drawdown since its inception was -27.17%, smaller than the maximum PTDIX drawdown of -54.38%. Use the drawdown chart below to compare losses from any high point for PHTJX and PTDIX.

Drawdown Indicators

	PHTJX	PTDIX	Difference
Max Drawdown Largest peak-to-trough decline	-27.17%	-54.38%	+27.21%
Max Drawdown (1Y) Largest decline over 1 year	-6.47%	-7.32%	+0.85%
Max Drawdown (3Y) Largest decline over 3 years	-11.58%	-13.05%	+1.47%
Max Drawdown (5Y) Largest decline over 5 years	-23.12%	-25.43%	+2.31%
Max Drawdown (10Y) Largest decline over 10 years	-27.17%	-30.02%	+2.85%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-4.19%	-7.49%	+3.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.42%	1.64%	-0.22%

Volatility

PHTJX vs. PTDIX - Volatility Comparison

The current volatility for Principal LifeTime Hybrid 2035 Fund (PHTJX) is 2.70%, while Principal LifeTime 2040 Fund (PTDIX) has a volatility of 2.89%. This indicates that PHTJX experiences smaller price fluctuations and is considered to be less risky than PTDIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PHTJX	PTDIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.70%	2.89%	-0.19%
Volatility (6M) Calculated over the trailing 6-month period	6.94%	7.85%	-0.91%
Volatility (1Y) Calculated over the trailing 1-year period	8.67%	9.83%	-1.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.79%	13.49%	-1.70%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.51%	13.83%	-1.32%

PHTJX vs. PTDIX - Expense Ratio Comparison

PHTJX has a 0.05% expense ratio, which is higher than PTDIX's 0.01% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

PHTJX vs. PTDIX - Dividend Comparison

PHTJX's dividend yield for the trailing twelve months is around 4.35%, less than PTDIX's 9.12% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PHTJX Principal LifeTime Hybrid 2035 Fund	4.35%	4.68%	4.09%	3.37%	8.44%	4.96%	3.98%	3.71%	4.01%	2.31%	1.99%	1.67%
PTDIX Principal LifeTime 2040 Fund	9.12%	9.80%	12.28%	4.40%	8.61%	8.92%	6.01%	7.26%	9.28%	6.07%	4.86%	6.73%

Frequently Asked Questions

Can I hold both PHTJX and PTDIX in my portfolio?

With a correlation of 0.99, PHTJX and PTDIX 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.

Which is riskier, PHTJX or PTDIX?

PTDIX has higher volatility (2.89%) compared to PHTJX (2.70%). In terms of maximum drawdown, PHTJX dropped -27.17% vs PTDIX's -54.38%.

Which has better risk-adjusted returns?

PHTJX currently has the higher Sharpe Ratio (2.40 vs 2.01), 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.