PLGIX vs. QQQ
Compare and contrast key facts about Principal LargeCap Growth Fund I (PLGIX) and Invesco QQQ (QQQ).
PLGIX is managed by Principal. It was launched on Dec 6, 2000. QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PLGIX or QQQ.
Correlation
The correlation between PLGIX and QQQ is 0.93, 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. QQQ - Performance Comparison
Key characteristics
PLGIX:
-0.29
QQQ:
1.24
PLGIX:
-0.15
QQQ:
1.71
PLGIX:
0.96
QQQ:
1.22
PLGIX:
-0.22
QQQ:
1.68
PLGIX:
-0.84
QQQ:
5.78
PLGIX:
9.96%
QQQ:
3.93%
PLGIX:
29.07%
QQQ:
18.32%
PLGIX:
-57.42%
QQQ:
-82.98%
PLGIX:
-34.58%
QQQ:
-1.73%
Returns By Period
In the year-to-date period, PLGIX achieves a 3.64% return, which is significantly higher than QQQ's 3.28% return. Over the past 10 years, PLGIX has underperformed QQQ with an annualized return of 2.90%, while QQQ has yielded a comparatively higher 18.30% annualized return.
PLGIX
3.64%
3.95%
-13.51%
-8.75%
-0.30%
2.90%
QQQ
3.28%
4.10%
14.48%
22.00%
18.51%
18.30%
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PLGIX vs. QQQ - Expense Ratio Comparison
PLGIX has a 0.67% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
PLGIX vs. QQQ — Risk-Adjusted Performance Rank
PLGIX
QQQ
PLGIX vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Principal LargeCap Growth Fund I (PLGIX) and Invesco QQQ (QQQ). 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. QQQ - Dividend Comparison
PLGIX has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.54%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PLGIX Principal LargeCap Growth Fund I | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.02% | 0.15% | 0.15% | 0.09% | 0.06% | 0.30% |
QQQ Invesco QQQ | 0.54% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
PLGIX vs. QQQ - Drawdown Comparison
The maximum PLGIX drawdown since its inception was -57.42%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for PLGIX and QQQ. For additional features, visit the drawdowns tool.
Volatility
PLGIX vs. QQQ - Volatility Comparison
The current volatility for Principal LargeCap Growth Fund I (PLGIX) is 4.46%, while Invesco QQQ (QQQ) has a volatility of 5.32%. This indicates that PLGIX experiences smaller price fluctuations and is considered to be less risky than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.