PIDIX vs. LTFIX

Last updated Jun 24, 2026

PIDIX (Principal International Equity Index Fund) and LTFIX (Principal LifeTime 2055 Fund) are both mutual funds - PIDIX is a Foreign Large Cap Equities fund managed by Principal, while LTFIX is a Target Retirement Date fund managed by Principal. Over the past 10 years, PIDIX returned 10.03%/yr vs 11.93%/yr for LTFIX. Their correlation of 0.88 suggests significant overlap in exposure. PIDIX charges 0.32%/yr vs 0.01%/yr for LTFIX.

Performance

PIDIX vs. LTFIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Principal International Equity Index Fund (PIDIX) and Principal LifeTime 2055 Fund (LTFIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PIDIX achieves a 10.72% return, which is significantly higher than LTFIX's 8.64% return. Over the past 10 years, PIDIX has underperformed LTFIX with an annualized return of 10.03%, while LTFIX has yielded a comparatively higher 11.93% annualized return.

PIDIX

• 1D: 0.13%
• 1M: 2.12%
• YTD: 10.72%
• 6M: 10.19%
• 1Y: 24.17%
• 3Y*: 17.74%
• 5Y*: 9.29%
• 10Y*: 10.03%

LTFIX

• 1D: -0.31%
• 1M: 1.44%
• YTD: 8.64%
• 6M: 8.07%
• 1Y: 20.87%
• 3Y*: 18.13%
• 5Y*: 9.07%
• 10Y*: 11.93%

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

PIDIX vs. LTFIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PIDIX Principal International Equity Index Fund	10.72%	31.07%	4.72%	17.87%	-14.43%	11.07%	7.78%	21.42%	-13.57%	24.87%
LTFIX Principal LifeTime 2055 Fund	8.64%	17.80%	17.28%	20.33%	-18.84%	17.73%	16.47%	27.27%	-9.03%	22.52%

Correlation

The correlation between PIDIX and LTFIX is 0.88, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.88
Correlation (3Y) Calculated over the trailing 3-year period	0.85
Correlation (5Y) Calculated over the trailing 5-year period	0.87
Correlation (10Y) Calculated over the trailing 10-year period	0.88
Correlation (All Time) Calculated using the full available price history since Jan 4, 2010	0.88

The correlation between PIDIX and LTFIX has been stable across timeframes, ranging from 0.85 to 0.88 - a consistent structural relationship.

Return for Risk

PIDIX vs. LTFIX — Risk / Return Rank

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

PIDIX

PIDIX Risk / Return Rank: 37
PIDIX Sharpe Ratio Rank: 37
PIDIX Sortino Ratio Rank: 36
PIDIX Omega Ratio Rank: 36
PIDIX Calmar Ratio Rank: 39
PIDIX Martin Ratio Rank: 40

LTFIX

LTFIX Risk / Return Rank: 46
LTFIX Sharpe Ratio Rank: 42
LTFIX Sortino Ratio Rank: 40
LTFIX Omega Ratio Rank: 42
LTFIX Calmar Ratio Rank: 48
LTFIX Martin Ratio Rank: 59

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.

PIDIX vs. LTFIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Principal International Equity Index Fund (PIDIX) and Principal LifeTime 2055 Fund (LTFIX). 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.

	PIDIX	LTFIX	Difference
Sharpe ratio: Return per unit of total volatility	1.63	1.75	-0.13
Sortino ratio: Return per unit of downside risk	2.31	2.46	-0.15
Omega ratio: Gain probability vs. loss probability	1.29	1.32	-0.03
Calmar ratio: Return relative to maximum drawdown	2.23	2.52	-0.29
Martin ratio: Return relative to average drawdown	8.33	11.09	-2.76

PIDIX vs. LTFIX - Sharpe Ratio Comparison

The current PIDIX Sharpe Ratio is 1.63, which is comparable to the LTFIX Sharpe Ratio of 1.75. The chart below compares the historical Sharpe Ratios of PIDIX and LTFIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

PIDIX vs. LTFIX - Drawdown Comparison

The maximum PIDIX drawdown since its inception was -34.13%, smaller than the maximum LTFIX drawdown of -52.73%. Use the drawdown chart below to compare losses from any high point for PIDIX and LTFIX.

Drawdown Indicators

	PIDIX	LTFIX	Difference
Max Drawdown Largest peak-to-trough decline	-34.13%	-52.73%	+18.60%
Max Drawdown (1Y) Largest decline over 1 year	-11.31%	-8.71%	-2.60%
Max Drawdown (3Y) Largest decline over 3 years	-13.59%	-15.70%	+2.11%
Max Drawdown (5Y) Largest decline over 5 years	-29.50%	-26.80%	-2.70%
Max Drawdown (10Y) Largest decline over 10 years	-34.13%	-33.50%	-0.63%
Current Drawdown Current decline from peak	0.00%	-0.94%	+0.94%
Average Drawdown Average peak-to-trough decline	-7.47%	-7.62%	+0.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.03%	1.98%	+1.05%

Volatility

PIDIX vs. LTFIX - Volatility Comparison

Principal International Equity Index Fund (PIDIX) and Principal LifeTime 2055 Fund (LTFIX) have volatilities of 4.81% and 4.84%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PIDIX	LTFIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.81%	4.84%	-0.03%
Volatility (6M) Calculated over the trailing 6-month period	12.91%	10.34%	+2.57%
Volatility (1Y) Calculated over the trailing 1-year period	15.56%	12.55%	+3.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.26%	15.57%	+0.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.30%	15.88%	+0.42%

PIDIX vs. LTFIX - Expense Ratio Comparison

PIDIX has a 0.32% expense ratio, which is higher than LTFIX's 0.01% expense ratio.

Dividends

PIDIX vs. LTFIX - Dividend Comparison

PIDIX's dividend yield for the trailing twelve months is around 3.10%, less than LTFIX's 8.03% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LTFIX Principal LifeTime 2055 Fund	8.03%	8.73%	8.47%	4.17%	8.60%	5.83%	3.91%	6.03%	6.60%	3.51%	3.99%	4.51%
PIDIX Principal International Equity Index Fund	3.10%	3.43%	5.85%	3.81%	2.82%	5.14%	2.34%	3.36%	3.91%	3.48%	2.82%	3.67%

Frequently Asked Questions

Can I hold both PIDIX and LTFIX in my portfolio?

PIDIX and LTFIX have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PIDIX or LTFIX?

LTFIX has higher volatility (4.84%) compared to PIDIX (4.81%). In terms of maximum drawdown, PIDIX dropped -34.13% vs LTFIX's -52.73%.

Which has better risk-adjusted returns?

LTFIX currently has the higher Sharpe Ratio (1.75 vs 1.63), 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.