PLGIX vs. HACAX
Compare and contrast key facts about Principal LargeCap Growth Fund I (PLGIX) and Harbor Capital Appreciation Fund Class I (HACAX).
PLGIX is managed by Principal. It was launched on Dec 6, 2000. HACAX is managed by Harbor Funds. It was launched on Dec 29, 1987.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PLGIX or HACAX.
Key characteristics
| PLGIX | HACAX | |
|---|---|---|
| YTD Return | 19.20% | 22.38% |
| 1Y Return | 36.69% | 42.57% |
| 3Y Return (Ann) | 4.51% | 6.02% |
| 5Y Return (Ann) | 14.67% | 18.35% |
| 10Y Return (Ann) | 14.62% | 15.68% |
| Sharpe Ratio | 2.11 | 2.03 |
| Daily Std Dev | 15.98% | 19.33% |
| Max Drawdown | -55.43% | -63.00% |
| Current Drawdown | -0.29% | -3.28% |
Correlation
The correlation between PLGIX and HACAX is 0.96, 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.
Performance
PLGIX vs. HACAX - Performance Comparison
In the year-to-date period, PLGIX achieves a 19.20% return, which is significantly lower than HACAX's 22.38% return. Over the past 10 years, PLGIX has underperformed HACAX with an annualized return of 14.62%, while HACAX has yielded a comparatively higher 15.68% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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PLGIX vs. HACAX - Expense Ratio Comparison
PLGIX has a 0.67% expense ratio, which is lower than HACAX's 0.71% expense ratio.
Risk-Adjusted Performance
PLGIX vs. HACAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Principal LargeCap Growth Fund I (PLGIX) and Harbor Capital Appreciation Fund Class I (HACAX). 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.
Dividends
PLGIX vs. HACAX - Dividend Comparison
PLGIX's dividend yield for the trailing twelve months is around 5.00%, while HACAX has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PLGIX Principal LargeCap Growth Fund I | 5.00% | 5.97% | 11.57% | 11.34% | 7.03% | 8.01% | 16.41% | 7.05% | 4.64% | 12.51% | 10.50% | 6.25% |
HACAX Harbor Capital Appreciation Fund Class I | 0.00% | 0.00% | 0.00% | 18.64% | 12.25% | 8.88% | 10.97% | 11.56% | 6.26% | 6.83% | 6.52% | 3.13% |
Drawdowns
PLGIX vs. HACAX - Drawdown Comparison
The maximum PLGIX drawdown since its inception was -55.43%, smaller than the maximum HACAX drawdown of -63.00%. Use the drawdown chart below to compare losses from any high point for PLGIX and HACAX. For additional features, visit the drawdowns tool.
Volatility
PLGIX vs. HACAX - Volatility Comparison
The current volatility for Principal LargeCap Growth Fund I (PLGIX) is 5.13%, while Harbor Capital Appreciation Fund Class I (HACAX) has a volatility of 6.55%. This indicates that PLGIX experiences smaller price fluctuations and is considered to be less risky than HACAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.