PHTMX vs. PMDIX

Last updated Jul 18, 2026

PHTMX (Principal LifeTime Hybrid 2015 Fund) and PMDIX (Principal Small-MidCap Dividend Income Fund) are both mutual funds - PHTMX is a Target Retirement Date fund managed by Principal, while PMDIX is a Mid Cap Value Equities fund managed by Principal. A 0.80 correlation means they provide meaningful diversification when combined. PHTMX charges 0.05%/yr vs 0.85%/yr for PMDIX.

Performance

PHTMX vs. PMDIX - Performance Comparison

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

Returns By Period

PHTMX

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

PMDIX

• 1D: 1.32%
• 1M: 2.77%
• 6M: 9.31%
• YTD: 18.26%
• 1Y: 24.84%
• 3Y*: 16.24%
• 5Y*: 11.58%
• 10Y*: 10.06%

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

PHTMX vs. PMDIX - 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%
PMDIX Principal Small-MidCap Dividend Income Fund	18.26%	8.63%	14.56%	18.81%	-11.66%	30.41%	-6.40%	25.38%	-13.80%	13.30%

Correlation

The correlation between PHTMX and PMDIX is 0.68, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.68
Correlation (3Y) Calculated over the trailing 3-year period	0.74
Correlation (5Y) Calculated over the trailing 5-year period	0.78
Correlation (10Y) Calculated over the trailing 10-year period	0.78
Correlation (All Time) Calculated using the full available price history since Oct 1, 2014	0.80

The correlation between PHTMX and PMDIX shifts across timeframes, from 0.68 (1 year) to 0.80 (all time), reflecting how their relationship changes across market environments.

Return for Risk

PHTMX vs. PMDIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments 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.

PMDIX

PMDIX Risk / Return Rank: 60
PMDIX Sharpe Ratio Rank: 59
PMDIX Sortino Ratio Rank: 68
PMDIX Omega Ratio Rank: 53
PMDIX Calmar Ratio Rank: 63
PMDIX Martin Ratio Rank: 55

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.

PHTMX vs. PMDIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Principal LifeTime Hybrid 2015 Fund (PHTMX) and Principal Small-MidCap Dividend Income Fund (PMDIX). 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	PMDIX	Difference
Sharpe ratio: Return per unit of total volatility	—	1.77	—
Sortino ratio: Return per unit of downside risk	—	2.69	—
Omega ratio: Gain probability vs. loss probability	—	1.31	—
Calmar ratio: Return relative to maximum drawdown	—	2.52	—
Martin ratio: Return relative to average drawdown	—	9.18	—

Drawdowns

Drawdown Indicators

	PHTMX	PMDIX	Difference
Max Drawdown Largest peak-to-trough decline	—	-46.47%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-10.55%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-21.36%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-21.36%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-46.47%	—
Current Drawdown Current decline from peak	—	-0.65%	—
Average Drawdown Average peak-to-trough decline	—	-5.26%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.89%	—

Volatility

Volatility by Period

	PHTMX	PMDIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.79%	—
Volatility (6M) Calculated over the trailing 6-month period	—	11.02%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	15.04%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	18.76%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	20.20%	—

PHTMX vs. PMDIX - Expense Ratio Comparison

PHTMX has a 0.05% expense ratio, which is lower than PMDIX's 0.85% expense ratio.

Dividends

PHTMX vs. PMDIX - Dividend Comparison

PHTMX's dividend yield for the trailing twelve months is around 5.36%, more than PMDIX's 2.66% 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%
PMDIX Principal Small-MidCap Dividend Income Fund	2.66%	3.14%	7.99%	2.37%	6.95%	0.98%	1.37%	2.82%	17.83%	5.77%	2.84%	4.78%

Frequently Asked Questions

Can I hold both PHTMX and PMDIX in my portfolio?

PHTMX and PMDIX have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.