PHTTX vs. PMAQX
PHTTX (Principal LifeTime Hybrid 2020 Fund) and PMAQX (Principal MidCap R6) are both mutual funds - PHTTX is a Target Retirement Date fund managed by Principal, while PMAQX is a Mid Cap Growth Equities fund managed by Principal. Over the past 5 years, PHTTX returned 4.63%/yr vs 4.56%/yr for PMAQX. Their correlation of 0.85 means they have usually moved in the same direction. PHTTX charges 0.05%/yr vs 0.60%/yr for PMAQX.
Performance
PHTTX vs. PMAQX - Performance Comparison
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Returns By Period
In the year-to-date period, PHTTX achieves a 4.51% return, which is significantly higher than PMAQX's -3.68% return.
PHTTX
- 1D
- 0.70%
- 1M
- -0.23%
- 6M
- 3.02%
- YTD
- 4.51%
- 1Y
- 10.66%
- 3Y*
- 9.58%
- 5Y*
- 4.63%
- 10Y*
- 6.74%
- ALL TIME*
- 6.46%
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%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
PMAQX Principal MidCap R6 | $0.00 | $0.00 | $0.00 |
PHTTX vs. PMAQX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PHTTX Principal LifeTime Hybrid 2020 Fund | 4.51% | 12.10% | 8.85% | 12.06% | -14.36% | 9.94% | 12.63% | 17.17% | -5.44% | 13.51% |
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 PHTTX 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. | 0.76 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.83 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 2017 | 0.85 |
Over the past year, the correlation between PHTTX and PMAQX has dropped to 0.64 - well below their long-term average of 0.85, suggesting their price drivers have been diverging.
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Return for Risk
PHTTX vs. PMAQX — Risk / Return Rank
PHTTX
PMAQX
PHTTX vs. PMAQX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Principal LifeTime Hybrid 2020 Fund (PHTTX) 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.
| PHTTX | PMAQX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.17 | ||
| Sortino ratioReturn per unit of downside risk | +3.04 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 0.91 | +0.38 |
| Calmar ratioReturn relative to maximum drawdown | 2.22 | -0.48 | +2.70 |
| Martin ratioReturn relative to average drawdown | 9.55 | -0.94 | +10.49 |
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Drawdowns
PHTTX vs. PMAQX - Drawdown Comparison
The maximum PHTTX drawdown since its inception was -18.94%, smaller than the maximum PMAQX drawdown of -40.56%. Use the drawdown chart below to compare losses from any high point for PHTTX and PMAQX.
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Drawdown Indicators
| PHTTX | PMAQX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.94% | -40.56% | +21.62% |
Max Drawdown (1Y)Largest decline over 1 year | -4.62% | -19.25% | +14.63% |
Max Drawdown (3Y)Largest decline over 3 years | -7.20% | -19.25% | +12.05% |
Max Drawdown (5Y)Largest decline over 5 years | -18.90% | -31.10% | +12.20% |
Max Drawdown (10Y)Largest decline over 10 years | -18.94% | — | — |
Current DrawdownCurrent decline from peak | -0.84% | -9.95% | +9.11% |
Average DrawdownAverage peak-to-trough decline | -3.26% | -6.89% | +3.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.07% | 9.79% | -8.72% |
Volatility
PHTTX vs. PMAQX - Volatility Comparison
The current volatility for Principal LifeTime Hybrid 2020 Fund (PHTTX) is 1.80%, while Principal MidCap R6 (PMAQX) has a volatility of 5.19%. This indicates that PHTTX experiences smaller price fluctuations and is considered to be less risky than PMAQX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PHTTX | PMAQX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.80% | 5.19% | -3.39% |
Volatility (6M)Calculated over the trailing 6-month period | 5.46% | 12.03% | -6.57% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.54% | 15.17% | -8.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.10% | 18.75% | -10.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.52% | 19.43% | -10.91% |
PHTTX vs. PMAQX - Expense Ratio Comparison
PHTTX has a 0.05% expense ratio, which is lower than PMAQX's 0.60% expense ratio.
Dividends
PHTTX vs. PMAQX - Dividend Comparison
PHTTX's dividend yield for the trailing twelve months is around 5.86%, less than PMAQX's 6.02% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PHTTX Principal LifeTime Hybrid 2020 Fund | 5.86% | 6.12% | 3.67% | 3.46% | 7.03% | 5.97% | 4.75% | 3.12% | 3.36% | 2.52% | 2.13% | 1.64% |
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
PHTTX 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.
PMAQX has higher volatility (5.19%) compared to PHTTX (1.80%). In terms of maximum drawdown, PHTTX dropped -18.94% vs PMAQX's -40.56%.
PHTTX currently has the higher Sharpe Ratio (1.57 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.
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