PHTMX vs. PMAQX

Last updated Aug 1, 2026

PHTMX (Principal LifeTime Hybrid 2015 Fund) and PMAQX (Principal MidCap R6) are both mutual funds - PHTMX is a Target Retirement Date fund managed by Principal, while PMAQX is a Mid Cap Growth Equities fund managed by Principal. Their correlation of 0.83 means they have usually moved in the same direction. PHTMX charges 0.05%/yr vs 0.60%/yr for PMAQX.

Performance

PHTMX vs. PMAQX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Principal LifeTime Hybrid 2015 Fund (PHTMX) and Principal MidCap R6 (PMAQX). 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*: —

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%

*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)
PMAQX Principal MidCap R6	$0.00	$0.00	$0.00

PHTMX vs. PMAQX - 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%
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 PHTMX and PMAQX is 0.64, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.64
Correlation (3Y) Balances recent behavior with more history.	0.75
Correlation (5Y) Shows whether the relationship held over a longer period.	0.80
Correlation (All Time) Calculated using the full available price history since Jan 3, 2017	0.83

The correlation between PHTMX and PMAQX shifts across timeframes, from 0.64 (1 year) to 0.83 (all time), reflecting how their relationship changes across market environments.

Return for Risk

PHTMX vs. PMAQX — 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.

PMAQX

PMAQX Risk / Return Rank: 1
PMAQX Sharpe Ratio Rank: 1
PMAQX Sortino Ratio Rank: 1
PMAQX Omega Ratio Rank: 1
PMAQX Calmar Ratio Rank: 1
PMAQX Martin Ratio Rank: 1

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. PMAQX - Risk-Adjusted Trends Comparison

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

	PHTMX	PMAQX	Difference
Sharpe ratio: Return per unit of total volatility	—	-0.60	—
Sortino ratio: Return per unit of downside risk	—	-0.78	—
Omega ratio: Gain probability vs. loss probability	—	0.91	—
Calmar ratio: Return relative to maximum drawdown	—	-0.48	—
Martin ratio: Return relative to average drawdown	—	-0.94	—

Drawdowns

Drawdown Indicators

	PHTMX	PMAQX	Difference
Max Drawdown Largest peak-to-trough decline	—	-40.56%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-19.25%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-19.25%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-31.10%	—
Current Drawdown Current decline from peak	—	-9.95%	—
Average Drawdown Average peak-to-trough decline	—	-6.89%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	9.79%	—

Volatility

Volatility by Period

	PHTMX	PMAQX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.19%	—
Volatility (6M) Calculated over the trailing 6-month period	—	12.03%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	15.17%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	18.75%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	19.43%	—

PHTMX vs. PMAQX - Expense Ratio Comparison

PHTMX has a 0.05% expense ratio, which is lower than PMAQX's 0.60% expense ratio.

Dividends

PHTMX vs. PMAQX - Dividend Comparison

PHTMX's dividend yield for the trailing twelve months is around 5.36%, less than PMAQX's 6.02% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
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

Can I hold both PHTMX and PMAQX in my portfolio?

PHTMX and PMAQX have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.