PINRX vs. BIGPX

Last updated Aug 1, 2026

PINRX (Principal Diversified International Fund) and BIGPX (BlackRock 60/40 Target Allocation Fund Class I) are both mutual funds - PINRX is a Foreign Large Cap Equities fund managed by Principal, while BIGPX is a Diversified Portfolio fund managed by BlackRock. Over the past 10 years, PINRX returned 8.53%/yr vs 8.27%/yr for BIGPX. Their correlation of 0.84 means they have usually moved in the same direction. PINRX charges 1.32%/yr vs 0.43%/yr for BIGPX.

Performance

PINRX vs. BIGPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Principal Diversified International Fund (PINRX) and BlackRock 60/40 Target Allocation Fund Class I (BIGPX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with PINRX having a 7.39% return and BIGPX slightly higher at 7.72%. Both investments have delivered pretty close results over the past 10 years, with PINRX having a 8.53% annualized return and BIGPX not far behind at 8.27%.

PINRX

• 1D: 2.43%
• 1M: 1.79%
• 6M: 2.02%
• YTD: 7.39%
• 1Y: 21.04%
• 3Y*: 15.42%
• 5Y*: 7.38%
• 10Y*: 8.53%
• ALL TIME*: 5.41%

BIGPX

• 1D: 1.51%
• 1M: -1.25%
• 6M: 5.63%
• YTD: 7.72%
• 1Y: 16.09%
• 3Y*: 10.02%
• 5Y*: 5.24%
• 10Y*: 8.27%
• ALL TIME*: 7.02%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BIGPX BlackRock 60/40 Target Allocation Fund Class I	$0.00	$0.00	$0.00
PINRX Principal Diversified International Fund	$0.00	$0.00	$0.00

PINRX vs. BIGPX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PINRX Principal Diversified International Fund	7.39%	32.03%	5.91%	17.21%	-20.26%	8.95%	16.91%	22.26%	-17.80%	27.96%
BIGPX BlackRock 60/40 Target Allocation Fund Class I	7.72%	16.08%	2.52%	15.92%	-15.80%	7.38%	21.62%	21.03%	-3.65%	14.68%

Correlation

The correlation between PINRX and BIGPX is 0.86, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.86
Correlation (3Y) Balances recent behavior with more history.	0.78
Correlation (5Y) Shows whether the relationship held over a longer period.	0.80
Correlation (10Y) Provides a long-term view across more market conditions.	0.81
Correlation (All Time) Calculated using the full available price history since Dec 26, 2006	0.84

The correlation between PINRX and BIGPX has been stable across timeframes, ranging from 0.78 to 0.86 - a consistent structural relationship.

Return for Risk

PINRX vs. BIGPX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

PINRX

PINRX Risk / Return Rank: 39
PINRX Sharpe Ratio Rank: 37
PINRX Sortino Ratio Rank: 36
PINRX Omega Ratio Rank: 37
PINRX Calmar Ratio Rank: 43
PINRX Martin Ratio Rank: 41

BIGPX

BIGPX Risk / Return Rank: 66
BIGPX Sharpe Ratio Rank: 65
BIGPX Sortino Ratio Rank: 64
BIGPX Omega Ratio Rank: 63
BIGPX Calmar Ratio Rank: 65
BIGPX Martin Ratio Rank: 73

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

PINRX vs. BIGPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Principal Diversified International Fund (PINRX) and BlackRock 60/40 Target Allocation Fund Class I (BIGPX). 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.

	PINRX	BIGPX	Difference
Sharpe ratio: Return per unit of total volatility	1.20	1.51	-0.31
Sortino ratio: Return per unit of downside risk	1.73	2.18	-0.45
Omega ratio: Gain probability vs. loss probability	1.22	1.28	-0.05
Calmar ratio: Return relative to maximum drawdown	1.82	2.12	-0.30
Martin ratio: Return relative to average drawdown	6.30	8.82	-2.52

PINRX vs. BIGPX - Sharpe Ratio Comparison

The current PINRX Sharpe Ratio is 1.20, which is comparable to the BIGPX Sharpe Ratio of 1.51. The chart below compares the historical Sharpe Ratios of PINRX and BIGPX, 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

PINRX vs. BIGPX - Drawdown Comparison

The maximum PINRX drawdown since its inception was -62.91%, which is greater than BIGPX's maximum drawdown of -46.95%. Use the drawdown chart below to compare losses from any high point for PINRX and BIGPX.

Drawdown Indicators

	PINRX	BIGPX	Difference
Max Drawdown Largest peak-to-trough decline	-62.91%	-46.95%	-15.96%
Max Drawdown (1Y) Largest decline over 1 year	-10.73%	-7.27%	-3.46%
Max Drawdown (3Y) Largest decline over 3 years	-14.13%	-18.04%	+3.91%
Max Drawdown (5Y) Largest decline over 5 years	-30.79%	-21.88%	-8.91%
Max Drawdown (10Y) Largest decline over 10 years	-36.58%	-22.34%	-14.24%
Current Drawdown Current decline from peak	-1.09%	-2.30%	+1.21%
Average Drawdown Average peak-to-trough decline	-16.87%	-6.23%	-10.64%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.09%	1.74%	+1.35%

Volatility

PINRX vs. BIGPX - Volatility Comparison

Principal Diversified International Fund (PINRX) has a higher volatility of 4.96% compared to BlackRock 60/40 Target Allocation Fund Class I (BIGPX) at 3.10%. This indicates that PINRX's price experiences larger fluctuations and is considered to be riskier than BIGPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PINRX	BIGPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.96%	3.10%	+1.86%
Volatility (6M) Calculated over the trailing 6-month period	14.27%	8.87%	+5.40%
Volatility (1Y) Calculated over the trailing 1-year period	16.32%	10.19%	+6.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.89%	12.09%	+3.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.98%	11.41%	+4.57%

PINRX vs. BIGPX - Expense Ratio Comparison

PINRX has a 1.32% expense ratio, which is higher than BIGPX's 0.43% expense ratio.

Dividends

PINRX vs. BIGPX - Dividend Comparison

PINRX's dividend yield for the trailing twelve months is around 1.91%, less than BIGPX's 7.40% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BIGPX BlackRock 60/40 Target Allocation Fund Class I	7.40%	7.97%	0.00%	3.02%	2.59%	7.60%	3.76%	3.77%	9.80%	3.20%	1.76%	9.89%
PINRX Principal Diversified International Fund	1.91%	3.22%	5.09%	2.13%	0.47%	13.14%	0.66%	1.67%	6.40%	1.24%	1.04%	0.88%

Frequently Asked Questions

Can I hold both PINRX and BIGPX in my portfolio?

PINRX and BIGPX have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PINRX or BIGPX?

PINRX has higher volatility (4.96%) compared to BIGPX (3.10%). In terms of maximum drawdown, PINRX dropped -62.91% vs BIGPX's -46.95%.

Which has better risk-adjusted returns?

BIGPX currently has the higher Sharpe Ratio (1.51 vs 1.20), 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.