PLFIX vs. BXMX

Last updated Jun 3, 2026

PLFIX (Principal Large Cap S&P 500 Index Fund Institutional) and BXMX (Nuveen S&P 500 Buy-Write Income Fund) are both S&P 500 funds. PLFIX is passively managed, while BXMX is actively managed. A 0.65 correlation means they provide meaningful diversification when combined. PLFIX charges 0.11%/yr vs 0.89%/yr for BXMX.

Performance

PLFIX vs. BXMX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Principal Large Cap S&P 500 Index Fund Institutional (PLFIX) and Nuveen S&P 500 Buy-Write Income Fund (BXMX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

PLFIX

• 1D: 0.28%
• 1M: 5.22%
• YTD: 11.52%
• 6M: 11.93%
• 1Y: 29.46%
• 3Y*: 23.16%
• 5Y*: 14.33%
• 10Y*: 15.62%

BXMX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PLFIX vs. BXMX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PLFIX Principal Large Cap S&P 500 Index Fund Institutional	11.52%	17.77%	26.77%	26.00%	-18.21%	28.25%	18.11%	31.35%	-4.66%	21.65%
BXMX Nuveen S&P 500 Buy-Write Income Fund	-8.03%	13.74%	17.26%	9.10%	-7.18%	20.83%	1.11%	22.22%	-9.06%	19.76%

Correlation

The correlation between PLFIX and BXMX is 0.62, 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	0.62
Correlation (3Y) Calculated over the trailing 3-year period	0.73
Correlation (5Y) Calculated over the trailing 5-year period	0.76
Correlation (10Y) Calculated over the trailing 10-year period	0.69
Correlation (All Time) Calculated using the full available price history since Oct 28, 2004	0.65

The correlation between PLFIX and BXMX shifts across timeframes, from 0.62 (1 year) to 0.76 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

PLFIX vs. BXMX — Risk / Return Rank

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

PLFIX

PLFIX Risk / Return Rank: 74
PLFIX Sharpe Ratio Rank: 77
PLFIX Sortino Ratio Rank: 68
PLFIX Omega Ratio Rank: 69
PLFIX Calmar Ratio Rank: 74
PLFIX Martin Ratio Rank: 83

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.

PLFIX vs. BXMX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Principal Large Cap S&P 500 Index Fund Institutional (PLFIX) and Nuveen S&P 500 Buy-Write Income Fund (BXMX). 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.

	PLFIX	BXMX	Difference
Sharpe ratio Return per unit of total volatility	2.55	—	—
Sortino ratio Return per unit of downside risk	3.46	—	—
Omega ratio Gain probability vs. loss probability	1.46	—	—
Calmar ratio Return relative to maximum drawdown	3.37	—	—
Martin ratio Return relative to average drawdown	15.78	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	PLFIX	BXMX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.55	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.85	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.90	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.49	—	—

Drawdowns

Drawdown Indicators

	PLFIX	BXMX	Difference
Max Drawdown Largest peak-to-trough decline	-55.28%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-8.90%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-18.77%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-24.58%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-33.77%	—	—
Current Drawdown Current decline from peak	0.00%	—	—
Average Drawdown Average peak-to-trough decline	-8.86%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	1.90%	—	—

Volatility

Volatility by Period

	PLFIX	BXMX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.81%	—	—
Volatility (6M) Calculated over the trailing 6-month period	8.97%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	11.87%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.91%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.52%	—	—

PLFIX vs. BXMX - Expense Ratio Comparison

PLFIX has a 0.11% expense ratio, which is lower than BXMX's 0.89% expense ratio.

Dividends

PLFIX vs. BXMX - Dividend Comparison

PLFIX's dividend yield for the trailing twelve months is around 2.64%, less than BXMX's 8.22% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BXMX Nuveen S&P 500 Buy-Write Income Fund	8.22%	7.41%	7.02%	7.37%	7.48%	5.87%	6.81%	6.76%	8.12%	6.41%	7.33%	7.42%
PLFIX Principal Large Cap S&P 500 Index Fund Institutional	2.64%	2.95%	4.28%	4.13%	2.96%	13.60%	7.57%	3.83%	7.52%	7.01%	3.23%	2.69%

Frequently Asked Questions

Can I hold both PLFIX and BXMX in my portfolio?

PLFIX and BXMX have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.