PLHHX vs. PLTNX

Last updated Jun 4, 2026

PLHHX (Principal LifeTime Hybrid 2065 Fund) and PLTNX (Principal LifeTime Hybrid 2055 Fund) are both Target Retirement Date funds from Principal. Over the past 5 years, PLHHX returned 10.51%/yr vs 10.55%/yr for PLTNX. With a 1.00 correlation, they move nearly in lockstep. Both charge a 0.05% expense ratio.

Performance

PLHHX vs. PLTNX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Principal LifeTime Hybrid 2065 Fund (PLHHX) and Principal LifeTime Hybrid 2055 Fund (PLTNX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

As of year-to-date, both investments have demonstrated similar returns, with PLHHX at 11.67% and PLTNX at 11.67%.

PLHHX

• 1D: 0.50%
• 1M: 5.51%
• YTD: 11.67%
• 6M: 12.31%
• 1Y: 28.02%
• 3Y*: 19.89%
• 5Y*: 10.51%
• 10Y*: —

PLTNX

• 1D: 0.48%
• 1M: 5.54%
• YTD: 11.67%
• 6M: 12.29%
• 1Y: 28.09%
• 3Y*: 19.97%
• 5Y*: 10.55%
• 10Y*: 11.98%

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

PLHHX vs. PLTNX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PLHHX Principal LifeTime Hybrid 2065 Fund	11.67%	19.91%	17.00%	20.33%	-18.53%	20.30%	16.50%	27.02%	-10.19%	7.77%
PLTNX Principal LifeTime Hybrid 2055 Fund	11.67%	19.89%	17.25%	20.33%	-18.49%	19.70%	15.78%	26.17%	-9.84%	7.52%

Correlation

The correlation between PLHHX and PLTNX is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	1.00
Correlation (3Y) Calculated over the trailing 3-year period	1.00
Correlation (5Y) Calculated over the trailing 5-year period	1.00
Correlation (All Time) Calculated using the full available price history since Sep 7, 2017	1.00

The correlation between PLHHX and PLTNX has been stable across timeframes, ranging from 1.00 to 1.00 - a consistent structural relationship.

Return for Risk

PLHHX vs. PLTNX — Risk / Return Rank

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

PLHHX

PLHHX Risk / Return Rank: 69
PLHHX Sharpe Ratio Rank: 66
PLHHX Sortino Ratio Rank: 62
PLHHX Omega Ratio Rank: 62
PLHHX Calmar Ratio Rank: 72
PLHHX Martin Ratio Rank: 81

PLTNX

PLTNX Risk / Return Rank: 69
PLTNX Sharpe Ratio Rank: 67
PLTNX Sortino Ratio Rank: 62
PLTNX Omega Ratio Rank: 62
PLTNX Calmar Ratio Rank: 72
PLTNX Martin Ratio Rank: 81

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.

PLHHX vs. PLTNX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Principal LifeTime Hybrid 2065 Fund (PLHHX) and Principal LifeTime Hybrid 2055 Fund (PLTNX). 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.

	PLHHX	PLTNX	Difference
Sharpe ratio: Return per unit of total volatility	2.39	2.40	-0.01
Sortino ratio: Return per unit of downside risk	3.31	3.32	-0.01
Omega ratio: Gain probability vs. loss probability	1.44	1.44	0.00
Calmar ratio: Return relative to maximum drawdown	3.31	3.31	0.00
Martin ratio: Return relative to average drawdown	15.18	15.21	-0.03
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PLHHX vs. PLTNX - Sharpe Ratio Comparison

The current PLHHX Sharpe Ratio is 2.39, which is comparable to the PLTNX Sharpe Ratio of 2.40. The chart below compares the historical Sharpe Ratios of PLHHX and PLTNX, 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

	PLHHX	PLTNX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.39	2.40	-0.01
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.68	0.68	0.00
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.76	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.70	0.69	+0.01

Drawdowns

PLHHX vs. PLTNX - Drawdown Comparison

The maximum PLHHX drawdown since its inception was -33.47%, roughly equal to the maximum PLTNX drawdown of -32.71%. Use the drawdown chart below to compare losses from any high point for PLHHX and PLTNX.

Drawdown Indicators

	PLHHX	PLTNX	Difference
Max Drawdown Largest peak-to-trough decline	-33.47%	-32.71%	-0.76%
Max Drawdown (1Y) Largest decline over 1 year	-8.64%	-8.66%	+0.02%
Max Drawdown (3Y) Largest decline over 3 years	-16.62%	-16.66%	+0.04%
Max Drawdown (5Y) Largest decline over 5 years	-25.44%	-25.48%	+0.04%
Max Drawdown (10Y) Largest decline over 10 years	—	-32.71%	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-5.40%	-4.77%	-0.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.88%	1.88%	0.00%

Volatility

PLHHX vs. PLTNX - Volatility Comparison

Principal LifeTime Hybrid 2065 Fund (PLHHX) and Principal LifeTime Hybrid 2055 Fund (PLTNX) have volatilities of 3.43% and 3.42%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PLHHX	PLTNX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.43%	3.42%	+0.01%
Volatility (6M) Calculated over the trailing 6-month period	9.49%	9.50%	-0.01%
Volatility (1Y) Calculated over the trailing 1-year period	11.98%	11.98%	0.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.51%	15.49%	+0.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.81%	15.84%	+0.97%

PLHHX vs. PLTNX - Expense Ratio Comparison

Both PLHHX and PLTNX have an expense ratio of 0.05%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

PLHHX vs. PLTNX - Dividend Comparison

PLHHX's dividend yield for the trailing twelve months is around 3.48%, less than PLTNX's 4.11% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PLHHX Principal LifeTime Hybrid 2065 Fund	3.48%	3.88%	4.03%	2.64%	7.08%	2.27%	2.00%	1.65%	3.49%	1.87%	0.00%	0.00%
PLTNX Principal LifeTime Hybrid 2055 Fund	4.11%	4.59%	4.40%	2.84%	9.11%	4.23%	3.11%	3.47%	4.68%	2.21%	1.99%	1.63%

Frequently Asked Questions

Can I hold both PLHHX and PLTNX in my portfolio?

With a correlation of 1.00, PLHHX and PLTNX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, PLHHX or PLTNX?

PLHHX has higher volatility (3.43%) compared to PLTNX (3.42%). In terms of maximum drawdown, PLHHX dropped -33.47% vs PLTNX's -32.71%.

Which has better risk-adjusted returns?

PLTNX currently has the higher Sharpe Ratio (2.40 vs 2.39), 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.