PHTQX vs. PCBIX
PHTQX (Principal LifeTime Hybrid 2025 Fund) and PCBIX (Principal MidCap Fund Institutional Class) are both mutual funds - PHTQX is a Target Retirement Date fund managed by Principal, while PCBIX is a Mid Cap Growth Equities fund managed by Principal. Over the past 10 years, PHTQX returned 7.61%/yr vs 11.86%/yr for PCBIX. Their correlation of 0.87 means they have usually moved in the same direction. PHTQX charges 0.05%/yr vs 0.67%/yr for PCBIX.
Performance
PHTQX vs. PCBIX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PHTQX achieves a 5.26% return, which is significantly higher than PCBIX's -4.46% return. Over the past 10 years, PHTQX has underperformed PCBIX with an annualized return of 7.61%, while PCBIX has yielded a comparatively higher 11.86% annualized return.
PHTQX
- 1D
- 0.07%
- 1M
- -0.14%
- 6M
- 3.30%
- YTD
- 5.26%
- 1Y
- 12.17%
- 3Y*
- 10.73%
- 5Y*
- 5.30%
- 10Y*
- 7.61%
- ALL TIME*
- 7.21%
PCBIX
- 1D
- -0.75%
- 1M
- -1.35%
- 6M
- -4.10%
- YTD
- -4.46%
- 1Y
- -8.05%
- 3Y*
- 9.05%
- 5Y*
- 4.31%
- 10Y*
- 11.86%
- ALL TIME*
- 10.89%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
PHTQX vs. PCBIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PHTQX Principal LifeTime Hybrid 2025 Fund | 5.26% | 13.11% | 9.88% | 13.23% | -15.18% | 11.94% | 13.62% | 19.24% | -6.54% | 15.23% |
PCBIX Principal MidCap Fund Institutional Class | -4.46% | 1.62% | 23.63% | 25.92% | -23.16% | 25.22% | 18.25% | 49.40% | -6.86% | 25.32% |
Correlation
The correlation between PHTQX and PCBIX is 0.63, 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. | 0.63 |
Correlation (3Y) Balances recent behavior with more history. | 0.77 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.84 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.86 |
Correlation (All Time) Calculated using the full available price history since Oct 1, 2014 | 0.87 |
Over the past year, the correlation between PHTQX and PCBIX has dropped to 0.63 - well below their long-term average of 0.87, suggesting their price drivers have been diverging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
PHTQX vs. PCBIX — Risk / Return Rank
PHTQX
PCBIX
PHTQX vs. PCBIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Principal LifeTime Hybrid 2025 Fund (PHTQX) and Principal MidCap Fund Institutional Class (PCBIX). 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.
| PHTQX | PCBIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.20 | ||
| Sortino ratioReturn per unit of downside risk | +3.07 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 0.92 | +0.38 |
| Calmar ratioReturn relative to maximum drawdown | 2.33 | -0.47 | +2.80 |
| Martin ratioReturn relative to average drawdown | 9.85 | -0.92 | +10.77 |
Loading charts...
Drawdowns
PHTQX vs. PCBIX - Drawdown Comparison
The maximum PHTQX drawdown since its inception was -21.90%, smaller than the maximum PCBIX drawdown of -50.25%. Use the drawdown chart below to compare losses from any high point for PHTQX and PCBIX.
Loading charts...
Drawdown Indicators
| PHTQX | PCBIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.90% | -50.25% | +28.35% |
Max Drawdown (1Y)Largest decline over 1 year | -5.11% | -19.29% | +14.18% |
Max Drawdown (3Y)Largest decline over 3 years | -8.41% | -19.29% | +10.88% |
Max Drawdown (5Y)Largest decline over 5 years | -20.08% | -31.17% | +11.09% |
Max Drawdown (10Y)Largest decline over 10 years | -21.90% | -40.56% | +18.66% |
Current DrawdownCurrent decline from peak | -0.83% | -10.71% | +9.88% |
Average DrawdownAverage peak-to-trough decline | -3.55% | -6.58% | +3.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.20% | 9.84% | -8.64% |
Volatility
PHTQX vs. PCBIX - Volatility Comparison
The current volatility for Principal LifeTime Hybrid 2025 Fund (PHTQX) is 2.06%, while Principal MidCap Fund Institutional Class (PCBIX) has a volatility of 5.21%. This indicates that PHTQX experiences smaller price fluctuations and is considered to be less risky than PCBIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| PHTQX | PCBIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.06% | 5.21% | -3.15% |
Volatility (6M)Calculated over the trailing 6-month period | 6.19% | 12.01% | -5.82% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.44% | 15.17% | -7.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.16% | 18.74% | -9.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.77% | 19.14% | -9.37% |
PHTQX vs. PCBIX - Expense Ratio Comparison
PHTQX has a 0.05% expense ratio, which is lower than PCBIX's 0.67% expense ratio.
Dividends
PHTQX vs. PCBIX - Dividend Comparison
PHTQX's dividend yield for the trailing twelve months is around 4.67%, less than PCBIX's 6.09% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PCBIX Principal MidCap Fund Institutional Class | 6.09% | 5.81% | 6.40% | 2.51% | 3.18% | 7.96% | 1.08% | 9.02% | 12.24% | 3.31% | 2.49% | 6.30% |
PHTQX Principal LifeTime Hybrid 2025 Fund | 4.68% | 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
PHTQX and PCBIX have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PCBIX has higher volatility (5.21%) compared to PHTQX (2.06%). In terms of maximum drawdown, PHTQX dropped -21.90% vs PCBIX's -50.25%.
PHTQX currently has the higher Sharpe Ratio (1.60 vs -0.60), 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.
Find the right allocation for PHTQX and PCBIX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer