PHTQX vs. MEIKX

Last updated Jun 4, 2026

PHTQX (Principal LifeTime Hybrid 2025 Fund) and MEIKX (MFS Value Fund) are both mutual funds - PHTQX is a Target Retirement Date fund managed by Principal, while MEIKX is a Large Cap Value Equities fund managed by MFS. Over the past 10 years, PHTQX returned 7.93%/yr vs 10.06%/yr for MEIKX. Their correlation of 0.82 suggests significant overlap in exposure. PHTQX charges 0.05%/yr vs 0.43%/yr for MEIKX.

Performance

PHTQX vs. MEIKX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Principal LifeTime Hybrid 2025 Fund (PHTQX) and MFS Value Fund (MEIKX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PHTQX achieves a 6.14% return, which is significantly higher than MEIKX's 4.52% return. Over the past 10 years, PHTQX has underperformed MEIKX with an annualized return of 7.93%, while MEIKX has yielded a comparatively higher 10.06% annualized return.

PHTQX

• 1D: 0.28%
• 1M: 2.91%
• YTD: 6.14%
• 6M: 6.39%
• 1Y: 16.12%
• 3Y*: 12.11%
• 5Y*: 5.83%
• 10Y*: 7.93%

MEIKX

• 1D: 0.60%
• 1M: 0.43%
• YTD: 4.52%
• 6M: 5.90%
• 1Y: 13.08%
• 3Y*: 13.32%
• 5Y*: 7.88%
• 10Y*: 10.06%

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

PHTQX vs. MEIKX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PHTQX Principal LifeTime Hybrid 2025 Fund	6.14%	13.11%	9.88%	13.23%	-15.18%	11.94%	13.62%	19.24%	-6.54%	15.23%
MEIKX MFS Value Fund	4.52%	13.37%	11.98%	8.32%	-5.92%	25.59%	4.09%	30.18%	-9.81%	17.26%

Correlation

The correlation between PHTQX and MEIKX is 0.61, 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	0.61
Correlation (3Y) Calculated over the trailing 3-year period	0.70
Correlation (5Y) Calculated over the trailing 5-year period	0.79
Correlation (10Y) Calculated over the trailing 10-year period	0.81
Correlation (All Time) Calculated using the full available price history since Oct 2, 2014	0.82

Over the past year, the correlation between PHTQX and MEIKX has dropped to 0.61 - well below their long-term average of 0.82, suggesting their price drivers have been diverging.

Return for Risk

PHTQX vs. MEIKX — Risk / Return Rank

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

PHTQX

PHTQX Risk / Return Rank: 71
PHTQX Sharpe Ratio Rank: 68
PHTQX Sortino Ratio Rank: 70
PHTQX Omega Ratio Rank: 70
PHTQX Calmar Ratio Rank: 69
PHTQX Martin Ratio Rank: 77

MEIKX

MEIKX Risk / Return Rank: 23
MEIKX Sharpe Ratio Rank: 20
MEIKX Sortino Ratio Rank: 20
MEIKX Omega Ratio Rank: 19
MEIKX Calmar Ratio Rank: 28
MEIKX Martin Ratio Rank: 29

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.

PHTQX vs. MEIKX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Principal LifeTime Hybrid 2025 Fund (PHTQX) and MFS Value Fund (MEIKX). 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.

	PHTQX	MEIKX	Difference
Sharpe ratio: Return per unit of total volatility	2.42	1.29	+1.13
Sortino ratio: Return per unit of downside risk	3.51	1.88	+1.63
Omega ratio: Gain probability vs. loss probability	1.47	1.23	+0.24
Calmar ratio: Return relative to maximum drawdown	3.22	1.98	+1.24
Martin ratio: Return relative to average drawdown	14.43	6.87	+7.56
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PHTQX vs. MEIKX - Sharpe Ratio Comparison

The current PHTQX Sharpe Ratio is 2.42, which is higher than the MEIKX Sharpe Ratio of 1.29. The chart below compares the historical Sharpe Ratios of PHTQX and MEIKX, 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

	PHTQX	MEIKX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.42	1.29	+1.13
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.64	0.57	+0.07
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.81	0.61	+0.20
Sharpe Ratio (All Time) Calculated using the full available price history	0.74	0.40	+0.34

Drawdowns

PHTQX vs. MEIKX - Drawdown Comparison

The maximum PHTQX drawdown since its inception was -21.90%, smaller than the maximum MEIKX drawdown of -56.81%. Use the drawdown chart below to compare losses from any high point for PHTQX and MEIKX.

Drawdown Indicators

	PHTQX	MEIKX	Difference
Max Drawdown Largest peak-to-trough decline	-21.90%	-56.81%	+34.91%
Max Drawdown (1Y) Largest decline over 1 year	-5.11%	-6.76%	+1.65%
Max Drawdown (3Y) Largest decline over 3 years	-8.41%	-13.15%	+4.74%
Max Drawdown (5Y) Largest decline over 5 years	-20.08%	-17.50%	-2.58%
Max Drawdown (10Y) Largest decline over 10 years	-21.90%	-36.68%	+14.78%
Current Drawdown Current decline from peak	0.00%	-1.80%	+1.80%
Average Drawdown Average peak-to-trough decline	-3.58%	-9.45%	+5.87%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.14%	1.95%	-0.81%

Volatility

PHTQX vs. MEIKX - Volatility Comparison

The current volatility for Principal LifeTime Hybrid 2025 Fund (PHTQX) is 2.21%, while MFS Value Fund (MEIKX) has a volatility of 2.35%. This indicates that PHTQX experiences smaller price fluctuations and is considered to be less risky than MEIKX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PHTQX	MEIKX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.21%	2.35%	-0.14%
Volatility (6M) Calculated over the trailing 6-month period	5.49%	7.75%	-2.26%
Volatility (1Y) Calculated over the trailing 1-year period	6.79%	10.37%	-3.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.10%	13.91%	-4.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.81%	16.55%	-6.74%

PHTQX vs. MEIKX - Expense Ratio Comparison

PHTQX has a 0.05% expense ratio, which is lower than MEIKX's 0.43% expense ratio.

Dividends

PHTQX vs. MEIKX - Dividend Comparison

PHTQX's dividend yield for the trailing twelve months is around 4.64%, less than MEIKX's 9.50% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MEIKX MFS Value Fund	9.50%	9.72%	9.49%	8.58%	7.77%	3.43%	2.75%	3.28%	3.76%	4.14%	3.84%	6.12%
PHTQX Principal LifeTime Hybrid 2025 Fund	4.64%	4.92%	3.90%	3.52%	6.72%	5.24%	4.32%	3.33%	3.41%	2.33%	1.90%	1.79%

Frequently Asked Questions

Can I hold both PHTQX and MEIKX in my portfolio?

PHTQX and MEIKX have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PHTQX or MEIKX?

MEIKX has higher volatility (2.35%) compared to PHTQX (2.21%). In terms of maximum drawdown, PHTQX dropped -21.90% vs MEIKX's -56.81%.

Which has better risk-adjusted returns?

PHTQX currently has the higher Sharpe Ratio (2.42 vs 1.29), 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.