PLHHX vs. SPY
Compare and contrast key facts about Principal LifeTime Hybrid 2065 Fund (PLHHX) and SPDR S&P 500 ETF (SPY).
PLHHX is managed by Principal. It was launched on Sep 5, 2017. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PLHHX or SPY.
Key characteristics
| PLHHX | SPY | |
|---|---|---|
| YTD Return | 18.34% | 26.77% |
| 1Y Return | 28.82% | 37.43% |
| 3Y Return (Ann) | 3.05% | 10.15% |
| 5Y Return (Ann) | 9.79% | 15.86% |
| Sharpe Ratio | 2.42 | 3.06 |
| Sortino Ratio | 3.30 | 4.08 |
| Omega Ratio | 1.44 | 1.58 |
| Calmar Ratio | 1.81 | 4.44 |
| Martin Ratio | 15.71 | 20.11 |
| Ulcer Index | 1.83% | 1.85% |
| Daily Std Dev | 11.87% | 12.18% |
| Max Drawdown | -33.47% | -55.19% |
| Current Drawdown | -0.73% | -0.31% |
Correlation
The correlation between PLHHX and SPY is 0.95, 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
PLHHX vs. SPY - Performance Comparison
In the year-to-date period, PLHHX achieves a 18.34% return, which is significantly lower than SPY's 26.77% 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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PLHHX vs. SPY - Expense Ratio Comparison
PLHHX has a 0.05% expense ratio, which is lower than SPY's 0.09% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
PLHHX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Principal LifeTime Hybrid 2065 Fund (PLHHX) and SPDR S&P 500 ETF (SPY). 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
PLHHX vs. SPY - Dividend Comparison
PLHHX's dividend yield for the trailing twelve months is around 1.53%, more than SPY's 1.17% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PLHHX Principal LifeTime Hybrid 2065 Fund | 1.53% | 1.81% | 1.46% | 2.26% | 2.00% | 1.66% | 2.89% | 1.87% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.17% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
PLHHX vs. SPY - Drawdown Comparison
The maximum PLHHX drawdown since its inception was -33.47%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for PLHHX and SPY. For additional features, visit the drawdowns tool.
Volatility
PLHHX vs. SPY - Volatility Comparison
The current volatility for Principal LifeTime Hybrid 2065 Fund (PLHHX) is 3.33%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.88%. This indicates that PLHHX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.