PLGIX vs. PVMIX

Last updated Jun 4, 2026

PLGIX (Principal LargeCap Growth Fund I) and PVMIX (Principal MidCap Value Fund I) are both mutual funds - PLGIX is a Large Cap Growth Equities fund managed by Principal, while PVMIX is a Mid Cap Value Equities fund managed by Principal. Over the past 10 years, PLGIX returned 20.21%/yr vs 12.56%/yr for PVMIX. A 0.79 correlation means they provide meaningful diversification when combined. PLGIX charges 0.67%/yr vs 0.69%/yr for PVMIX.

Performance

PLGIX vs. PVMIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Principal LargeCap Growth Fund I (PLGIX) and Principal MidCap Value Fund I (PVMIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PLGIX achieves a 6.11% return, which is significantly lower than PVMIX's 12.36% return. Over the past 10 years, PLGIX has outperformed PVMIX with an annualized return of 20.21%, while PVMIX has yielded a comparatively lower 12.56% annualized return.

PLGIX

• 1D: -0.29%
• 1M: 6.85%
• YTD: 6.11%
• 6M: 5.10%
• 1Y: 15.54%
• 3Y*: 35.60%
• 5Y*: 18.09%
• 10Y*: 20.21%

PVMIX

• 1D: 0.99%
• 1M: 2.31%
• YTD: 12.36%
• 6M: 12.07%
• 1Y: 19.21%
• 3Y*: 20.89%
• 5Y*: 11.73%
• 10Y*: 12.56%

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

PLGIX vs. PVMIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PLGIX Principal LargeCap Growth Fund I	6.11%	11.59%	83.01%	40.40%	-34.05%	21.49%	36.06%	34.89%	3.44%	33.67%
PVMIX Principal MidCap Value Fund I	12.36%	6.09%	33.38%	11.04%	-5.95%	30.97%	6.50%	26.69%	-11.07%	14.63%

Correlation

The correlation between PLGIX and PVMIX is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.45
Correlation (3Y) Calculated over the trailing 3-year period	0.56
Correlation (5Y) Calculated over the trailing 5-year period	0.65
Correlation (10Y) Calculated over the trailing 10-year period	0.66
Correlation (All Time) Calculated using the full available price history since Dec 31, 2003	0.79

Over the past year, the correlation between PLGIX and PVMIX has dropped to 0.45 - well below their long-term average of 0.79, suggesting their price drivers have been diverging.

Return for Risk

PLGIX vs. PVMIX — Risk / Return Rank

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

PLGIX

PLGIX Risk / Return Rank: 12
PLGIX Sharpe Ratio Rank: 15
PLGIX Sortino Ratio Rank: 14
PLGIX Omega Ratio Rank: 14
PLGIX Calmar Ratio Rank: 9
PLGIX Martin Ratio Rank: 9

PVMIX

PVMIX Risk / Return Rank: 40
PVMIX Sharpe Ratio Rank: 35
PVMIX Sortino Ratio Rank: 37
PVMIX Omega Ratio Rank: 32
PVMIX Calmar Ratio Rank: 51
PVMIX Martin Ratio Rank: 46

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.

PLGIX vs. PVMIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Principal LargeCap Growth Fund I (PLGIX) and Principal MidCap Value Fund I (PVMIX). 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.

	PLGIX	PVMIX	Difference
Sharpe ratio: Return per unit of total volatility	1.06	1.71	-0.65
Sortino ratio: Return per unit of downside risk	1.52	2.55	-1.03
Omega ratio: Gain probability vs. loss probability	1.19	1.30	-0.11
Calmar ratio: Return relative to maximum drawdown	0.88	2.72	-1.84
Martin ratio: Return relative to average drawdown	2.73	9.66	-6.93
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PLGIX vs. PVMIX - Sharpe Ratio Comparison

The current PLGIX Sharpe Ratio is 1.06, which is lower than the PVMIX Sharpe Ratio of 1.71. The chart below compares the historical Sharpe Ratios of PLGIX and PVMIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	PLGIX	PVMIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.06	1.71	-0.65
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.60	0.65	-0.04
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.80	0.66	+0.14
Sharpe Ratio (All Time) Calculated using the full available price history	0.45	0.54	-0.08

Drawdowns

PLGIX vs. PVMIX - Drawdown Comparison

The maximum PLGIX drawdown since its inception was -55.43%, roughly equal to the maximum PVMIX drawdown of -56.76%. Use the drawdown chart below to compare losses from any high point for PLGIX and PVMIX.

Drawdown Indicators

	PLGIX	PVMIX	Difference
Max Drawdown Largest peak-to-trough decline	-55.43%	-56.76%	+1.33%
Max Drawdown (1Y) Largest decline over 1 year	-18.32%	-7.37%	-10.95%
Max Drawdown (3Y) Largest decline over 3 years	-21.39%	-16.78%	-4.61%
Max Drawdown (5Y) Largest decline over 5 years	-40.63%	-17.05%	-23.58%
Max Drawdown (10Y) Largest decline over 10 years	-40.63%	-41.34%	+0.71%
Current Drawdown Current decline from peak	-0.29%	0.00%	-0.29%
Average Drawdown Average peak-to-trough decline	-13.26%	-6.84%	-6.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.90%	2.07%	+3.83%

Volatility

PLGIX vs. PVMIX - Volatility Comparison

Principal LargeCap Growth Fund I (PLGIX) has a higher volatility of 3.61% compared to Principal MidCap Value Fund I (PVMIX) at 3.11%. This indicates that PLGIX's price experiences larger fluctuations and is considered to be riskier than PVMIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PLGIX	PVMIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.61%	3.11%	+0.50%
Volatility (6M) Calculated over the trailing 6-month period	12.06%	8.49%	+3.57%
Volatility (1Y) Calculated over the trailing 1-year period	15.25%	11.74%	+3.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.12%	18.25%	+11.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.44%	19.22%	+6.22%

PLGIX vs. PVMIX - Expense Ratio Comparison

PLGIX has a 0.67% expense ratio, which is lower than PVMIX's 0.69% expense ratio.

Dividends

PLGIX vs. PVMIX - Dividend Comparison

PLGIX's dividend yield for the trailing twelve months is around 13.62%, more than PVMIX's 6.43% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PLGIX Principal LargeCap Growth Fund I	13.62%	14.45%	63.77%	5.99%	11.57%	11.34%	7.03%	8.01%	16.41%	7.05%	4.64%	12.51%
PVMIX Principal MidCap Value Fund I	6.43%	7.22%	33.98%	4.63%	7.12%	11.44%	1.38%	5.11%	13.23%	6.92%	1.58%	11.19%

Frequently Asked Questions

Can I hold both PLGIX and PVMIX in my portfolio?

PLGIX and PVMIX have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PLGIX or PVMIX?

PLGIX has higher volatility (3.61%) compared to PVMIX (3.11%). In terms of maximum drawdown, PLGIX dropped -55.43% vs PVMIX's -56.76%.

Which has better risk-adjusted returns?

PVMIX currently has the higher Sharpe Ratio (1.71 vs 1.06), 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.