PHTMX vs. LTRIX

Last updated Aug 1, 2026

PHTMX (Principal LifeTime Hybrid 2015 Fund) and LTRIX (Principal LifeTime 2045 Fund) are both Target Retirement Date funds from Principal. Their correlation of 0.93 means they have usually moved in the same direction. PHTMX charges 0.05%/yr vs 0.01%/yr for LTRIX.

Performance

PHTMX vs. LTRIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Principal LifeTime Hybrid 2015 Fund (PHTMX) and Principal LifeTime 2045 Fund (LTRIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

PHTMX

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

LTRIX

• 1D: 1.55%
• 1M: 0.31%
• 6M: 5.25%
• YTD: 7.81%
• 1Y: 16.35%
• 3Y*: 15.23%
• 5Y*: 8.14%
• 10Y*: 10.66%
• ALL TIME*: 8.18%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
LTRIX Principal LifeTime 2045 Fund	$0.00	$0.00	$0.00

PHTMX vs. LTRIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PHTMX Principal LifeTime Hybrid 2015 Fund	4.29%	11.23%	7.87%	11.09%	-13.61%	7.83%	11.84%	15.18%	-4.52%	11.78%
LTRIX Principal LifeTime 2045 Fund	7.81%	16.69%	16.90%	19.40%	-18.51%	16.55%	16.33%	25.81%	-8.34%	21.38%

Correlation

The correlation between PHTMX and LTRIX is 0.88, 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.	0.88
Correlation (3Y) Balances recent behavior with more history.	0.89
Correlation (5Y) Shows whether the relationship held over a longer period.	0.90
Correlation (10Y) Provides a long-term view across more market conditions.	0.93
Correlation (All Time) Calculated using the full available price history since Oct 1, 2014	0.93

The correlation between PHTMX and LTRIX has been stable across timeframes, ranging from 0.88 to 0.93 - a consistent structural relationship.

Return for Risk

PHTMX vs. LTRIX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

PHTMX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

LTRIX

LTRIX Risk / Return Rank: 49
LTRIX Sharpe Ratio Rank: 45
LTRIX Sortino Ratio Rank: 45
LTRIX Omega Ratio Rank: 44
LTRIX Calmar Ratio Rank: 49
LTRIX Martin Ratio Rank: 61

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

PHTMX vs. LTRIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Principal LifeTime Hybrid 2015 Fund (PHTMX) and Principal LifeTime 2045 Fund (LTRIX). 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.

	PHTMX	LTRIX	Difference
Sharpe ratio: Return per unit of total volatility	—	1.26	—
Sortino ratio: Return per unit of downside risk	—	1.81	—
Omega ratio: Gain probability vs. loss probability	—	1.23	—
Calmar ratio: Return relative to maximum drawdown	—	1.82	—
Martin ratio: Return relative to average drawdown	—	7.79	—

Drawdowns

Drawdown Indicators

	PHTMX	LTRIX	Difference
Max Drawdown Largest peak-to-trough decline	—	-51.39%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-8.04%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-14.47%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-26.25%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-31.56%	—
Current Drawdown Current decline from peak	—	-0.84%	—
Average Drawdown Average peak-to-trough decline	—	-7.15%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.88%	—

Volatility

Volatility by Period

	PHTMX	LTRIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.18%	—
Volatility (6M) Calculated over the trailing 6-month period	—	9.65%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	11.66%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	14.70%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	14.77%	—

PHTMX vs. LTRIX - Expense Ratio Comparison

PHTMX has a 0.05% expense ratio, which is higher than LTRIX'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

PHTMX vs. LTRIX - Dividend Comparison

PHTMX's dividend yield for the trailing twelve months is around 5.36%, less than LTRIX's 8.63% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LTRIX Principal LifeTime 2045 Fund	8.63%	9.31%	9.40%	4.25%	8.71%	6.75%	4.62%	6.93%	7.50%	4.57%	4.48%	5.42%
PHTMX Principal LifeTime Hybrid 2015 Fund	5.36%	4.41%	3.87%	3.45%	5.20%	5.53%	4.89%	3.11%	2.24%	2.33%	2.00%	1.61%

Frequently Asked Questions

Can I hold both PHTMX and LTRIX in my portfolio?

PHTMX and LTRIX have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.