PLFIX vs. PSMIX
Compare and contrast key facts about Principal Large Cap S&P 500 Index Fund Institutional (PLFIX) and Principal Global Multi-Strategy Fund (PSMIX).
PLFIX is a passively managed fund by Principal that tracks the performance of the S&P 500 Index. It was launched on Mar 1, 2001. PSMIX is managed by Principal. It was launched on Oct 23, 2011.
Performance
PLFIX vs. PSMIX - Performance Comparison
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PLFIX vs. PSMIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PLFIX Principal Large Cap S&P 500 Index Fund Institutional | -7.07% | 17.77% | 26.77% | 26.00% | -18.21% | 28.25% | 18.11% | 31.35% | -4.66% | 21.65% |
PSMIX Principal Global Multi-Strategy Fund | 0.60% | 10.47% | 8.90% | 6.59% | -1.80% | 5.62% | 5.11% | 8.18% | -4.34% | 6.60% |
Returns By Period
In the year-to-date period, PLFIX achieves a -7.07% return, which is significantly lower than PSMIX's 0.60% return. Over the past 10 years, PLFIX has outperformed PSMIX with an annualized return of 13.72%, while PSMIX has yielded a comparatively lower 4.82% annualized return.
PLFIX
- 1D
- -0.40%
- 1M
- -7.67%
- YTD
- -7.07%
- 6M
- -4.61%
- 1Y
- 14.37%
- 3Y*
- 17.60%
- 5Y*
- 11.56%
- 10Y*
- 13.72%
PSMIX
- 1D
- -0.09%
- 1M
- -2.33%
- YTD
- 0.60%
- 6M
- 3.33%
- 1Y
- 10.63%
- 3Y*
- 8.61%
- 5Y*
- 5.68%
- 10Y*
- 4.82%
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PLFIX vs. PSMIX - Expense Ratio Comparison
PLFIX has a 0.11% expense ratio, which is lower than PSMIX's 1.63% expense ratio.
Return for Risk
PLFIX vs. PSMIX — Risk / Return Rank
PLFIX
PSMIX
PLFIX vs. PSMIX - 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 Principal Global Multi-Strategy Fund (PSMIX). 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 | PSMIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.85 | 2.20 | -1.36 |
Sortino ratioReturn per unit of downside risk | 1.33 | 2.86 | -1.52 |
Omega ratioGain probability vs. loss probability | 1.20 | 1.47 | -0.28 |
Calmar ratioReturn relative to maximum drawdown | 1.05 | 2.92 | -1.87 |
Martin ratioReturn relative to average drawdown | 5.14 | 12.96 | -7.82 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| PLFIX | PSMIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.85 | 2.20 | -1.36 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.69 | 1.26 | -0.58 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.79 | 0.13 | +0.66 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.45 | 0.14 | +0.31 |
Correlation
The correlation between PLFIX and PSMIX is 0.83, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
PLFIX vs. PSMIX - Dividend Comparison
PLFIX's dividend yield for the trailing twelve months is around 3.17%, less than PSMIX's 5.49% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PLFIX Principal Large Cap S&P 500 Index Fund Institutional | 3.17% | 2.95% | 4.28% | 4.13% | 2.96% | 13.60% | 7.57% | 3.83% | 7.52% | 7.01% | 3.23% | 2.69% |
PSMIX Principal Global Multi-Strategy Fund | 5.49% | 5.53% | 1.66% | 3.51% | 12.10% | 4.04% | 1.68% | 0.00% | 6.52% | 2.91% | 0.15% | 3.02% |
Drawdowns
PLFIX vs. PSMIX - Drawdown Comparison
The maximum PLFIX drawdown since its inception was -55.28%, roughly equal to the maximum PSMIX drawdown of -55.50%. Use the drawdown chart below to compare losses from any high point for PLFIX and PSMIX.
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Drawdown Indicators
| PLFIX | PSMIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.28% | -55.50% | +0.22% |
Max Drawdown (1Y)Largest decline over 1 year | -12.13% | -3.57% | -8.56% |
Max Drawdown (5Y)Largest decline over 5 years | -24.58% | -6.39% | -18.19% |
Max Drawdown (10Y)Largest decline over 10 years | -33.77% | -55.50% | +21.73% |
Current DrawdownCurrent decline from peak | -8.90% | -28.20% | +19.30% |
Average DrawdownAverage peak-to-trough decline | -8.91% | -26.60% | +17.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.48% | 0.80% | +1.68% |
Volatility
PLFIX vs. PSMIX - Volatility Comparison
Principal Large Cap S&P 500 Index Fund Institutional (PLFIX) has a higher volatility of 4.24% compared to Principal Global Multi-Strategy Fund (PSMIX) at 1.30%. This indicates that PLFIX's price experiences larger fluctuations and is considered to be riskier than PSMIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PLFIX | PSMIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.24% | 1.30% | +2.94% |
Volatility (6M)Calculated over the trailing 6-month period | 9.06% | 3.11% | +5.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.85% | 4.90% | +12.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.87% | 4.51% | +12.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.48% | 38.09% | -20.61% |