PHTNX vs. QQQ
Compare and contrast key facts about Principal LifeTime Hybrid 2030 Fund (PHTNX) and Invesco QQQ (QQQ).
PHTNX is managed by Principal. It was launched on Sep 29, 2014. QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PHTNX or QQQ.
Key characteristics
| PHTNX | QQQ | |
|---|---|---|
| YTD Return | 11.64% | 18.15% |
| 1Y Return | 21.38% | 35.55% |
| 3Y Return (Ann) | 3.67% | 10.33% |
| 5Y Return (Ann) | 8.07% | 21.22% |
| Sharpe Ratio | 2.26 | 1.86 |
| Daily Std Dev | 8.75% | 17.79% |
| Max Drawdown | -24.52% | -82.98% |
| Current Drawdown | -0.29% | -4.08% |
Correlation
The correlation between PHTNX and QQQ is 0.84, 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
PHTNX vs. QQQ - Performance Comparison
In the year-to-date period, PHTNX achieves a 11.64% return, which is significantly lower than QQQ's 18.15% 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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PHTNX vs. QQQ - Expense Ratio Comparison
PHTNX has a 0.05% expense ratio, which is lower than QQQ's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
PHTNX vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Principal LifeTime Hybrid 2030 Fund (PHTNX) and Invesco QQQ (QQQ). 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
PHTNX vs. QQQ - Dividend Comparison
PHTNX's dividend yield for the trailing twelve months is around 3.06%, more than QQQ's 0.49% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PHTNX Principal LifeTime Hybrid 2030 Fund | 3.06% | 3.41% | 8.05% | 5.40% | 4.44% | 3.70% | 3.79% | 2.52% | 2.28% | 1.68% | 4.83% | 0.00% |
QQQ Invesco QQQ | 0.49% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.01% |
Drawdowns
PHTNX vs. QQQ - Drawdown Comparison
The maximum PHTNX drawdown since its inception was -24.52%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for PHTNX and QQQ. For additional features, visit the drawdowns tool.
Volatility
PHTNX vs. QQQ - Volatility Comparison
The current volatility for Principal LifeTime Hybrid 2030 Fund (PHTNX) is 2.54%, while Invesco QQQ (QQQ) has a volatility of 6.43%. This indicates that PHTNX experiences smaller price fluctuations and is considered to be less risky than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.