PLHHX vs. VIXY

Last updated Apr 1, 2026

Compare and contrast key facts about Principal LifeTime Hybrid 2065 Fund (PLHHX) and ProShares VIX Short-Term Futures ETF (VIXY).

PLHHX is managed by Principal. It was launched on Sep 5, 2017. VIXY is a passively managed fund by ProFund Advisors LLC that tracks the performance of the S&P 500 VIX Short-Term Futures Index Total Return. It was launched on Jan 3, 2011.

Performance

PLHHX vs. VIXY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Principal LifeTime Hybrid 2065 Fund (PLHHX) and ProShares VIX Short-Term Futures ETF (VIXY). The values are adjusted to include any dividend payments, if applicable.

PLHHX vs. VIXY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PLHHX Principal LifeTime Hybrid 2065 Fund	-4.49%	19.91%	17.00%	20.33%	-18.53%	20.30%	16.50%	27.02%	-10.19%	7.77%
VIXY ProShares VIX Short-Term Futures ETF	33.97%	-43.05%	-27.43%	-72.74%	-24.98%	-72.40%	10.54%	-67.81%	66.78%	-41.39%

Returns By Period

In the year-to-date period, PLHHX achieves a -4.49% return, which is significantly lower than VIXY's 33.97% return.

PLHHX

• 1D: -0.35%
• 1M: -8.14%
• YTD: -4.49%
• 6M: -1.59%
• 1Y: 16.34%
• 3Y*: 14.80%
• 5Y*: 8.27%
• 10Y*: —

VIXY

• 1D: -9.32%
• 1M: 23.30%
• YTD: 33.97%
• 6M: 6.35%
• 1Y: -31.66%
• 3Y*: -42.53%
• 5Y*: -45.66%
• 10Y*: -46.57%

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

PLHHX vs. VIXY - Expense Ratio Comparison

PLHHX has a 0.05% expense ratio, which is lower than VIXY's 0.85% expense ratio.

VIXY

ProShares VIX Short-Term Futures ETF

PLHHX

Principal LifeTime Hybrid 2065 Fund

Return for Risk

PLHHX vs. VIXY — Risk / Return Rank

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

PLHHX

PLHHX Risk / Return Rank: 57
PLHHX Sharpe Ratio Rank: 55
PLHHX Sortino Ratio Rank: 59
PLHHX Omega Ratio Rank: 57
PLHHX Calmar Ratio Rank: 50
PLHHX Martin Ratio Rank: 65

VIXY

VIXY Risk / Return Rank: 6
VIXY Sharpe Ratio Rank: 5
VIXY Sortino Ratio Rank: 7
VIXY Omega Ratio Rank: 7
VIXY Calmar Ratio Rank: 5
VIXY Martin Ratio Rank: 8

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. VIXY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Principal LifeTime Hybrid 2065 Fund (PLHHX) and ProShares VIX Short-Term Futures ETF (VIXY). 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	VIXY	Difference
Sharpe ratio Return per unit of total volatility	1.02	-0.42	+1.44
Sortino ratio Return per unit of downside risk	1.54	-0.22	+1.76
Omega ratio Gain probability vs. loss probability	1.22	0.97	+0.25
Calmar ratio Return relative to maximum drawdown	1.22	-0.46	+1.68
Martin ratio Return relative to average drawdown	6.15	-0.59	+6.74
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. VIXY - Sharpe Ratio Comparison

The current PLHHX Sharpe Ratio is 1.02, which is higher than the VIXY Sharpe Ratio of -0.42. The chart below compares the historical Sharpe Ratios of PLHHX and VIXY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	PLHHX	VIXY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.02	-0.42	+1.44
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.54	-0.64	+1.18
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	-0.64	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.60	-0.68	+1.27

Correlation

The correlation between PLHHX and VIXY is -0.75. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Dividends

PLHHX vs. VIXY - Dividend Comparison

PLHHX's dividend yield for the trailing twelve months is around 4.06%, while VIXY has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
PLHHX Principal LifeTime Hybrid 2065 Fund	4.06%	3.88%	4.03%	2.64%	7.08%	2.27%	2.00%	1.65%	3.49%	1.87%
VIXY ProShares VIX Short-Term Futures ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

PLHHX vs. VIXY - Drawdown Comparison

The maximum PLHHX drawdown since its inception was -33.47%, smaller than the maximum VIXY drawdown of -100.00%. Use the drawdown chart below to compare losses from any high point for PLHHX and VIXY.

Drawdown Indicators

	PLHHX	VIXY	Difference
Max Drawdown Largest peak-to-trough decline	-33.47%	-100.00%	+66.53%
Max Drawdown (1Y) Largest decline over 1 year	-11.90%	-69.84%	+57.94%
Max Drawdown (5Y) Largest decline over 5 years	-25.44%	-96.84%	+71.40%
Max Drawdown (10Y) Largest decline over 10 years	—	-99.88%	—
Current Drawdown Current decline from peak	-8.64%	-100.00%	+91.36%
Average Drawdown Average peak-to-trough decline	-5.49%	-92.10%	+86.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.36%	54.60%	-52.24%

Volatility

PLHHX vs. VIXY - Volatility Comparison

The current volatility for Principal LifeTime Hybrid 2065 Fund (PLHHX) is 4.98%, while ProShares VIX Short-Term Futures ETF (VIXY) has a volatility of 29.44%. This indicates that PLHHX experiences smaller price fluctuations and is considered to be less risky than VIXY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PLHHX	VIXY	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.98%	29.44%	-24.46%
Volatility (6M) Calculated over the trailing 6-month period	9.08%	47.30%	-38.22%
Volatility (1Y) Calculated over the trailing 1-year period	16.23%	75.02%	-58.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.42%	71.36%	-55.94%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.85%	72.68%	-55.83%