PLJIX vs. PLSAX

Last updated Aug 4, 2026

PLJIX (Principal LifeTime 2065) and PLSAX (Principal LargeCap S&P 500 Index Fund Class A) are both mutual funds - PLJIX is a Target Retirement Date fund managed by Principal, while PLSAX is a S&P 500 fund tracking the S&P 500 Index. Over the past 5 years, PLJIX returned 8.55%/yr vs 12.75%/yr for PLSAX. Their 0.96 correlation means they have historically moved very closely together. PLJIX charges 0.05%/yr vs 0.38%/yr for PLSAX.

Performance

PLJIX vs. PLSAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Principal LifeTime 2065 (PLJIX) and Principal LargeCap S&P 500 Index Fund Class A (PLSAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PLJIX achieves a 9.11% return, which is significantly lower than PLSAX's 9.95% return.

PLJIX

• 1D: 0.35%
• 1M: 0.77%
• 6M: 5.68%
• YTD: 9.11%
• 1Y: 18.44%
• 3Y*: 15.85%
• 5Y*: 8.55%
• 10Y*: —
• ALL TIME*: 10.83%

PLSAX

• 1D: 0.71%
• 1M: 0.11%
• 6M: 7.82%
• YTD: 9.95%
• 1Y: 21.15%
• 3Y*: 19.61%
• 5Y*: 12.75%
• 10Y*: 14.84%
• ALL TIME*: 8.04%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
PLJIX Principal LifeTime 2065	$0.00	$0.00	$0.00
PLSAX Principal LargeCap S&P 500 Index Fund Class A	$0.00	$0.00	$0.00

PLJIX vs. PLSAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PLJIX Principal LifeTime 2065	9.11%	17.76%	15.83%	20.27%	-18.82%	18.18%	16.87%	27.36%	-9.36%	7.78%
PLSAX Principal LargeCap S&P 500 Index Fund Class A	9.95%	17.50%	26.46%	25.70%	-18.41%	27.93%	17.85%	30.97%	-4.93%	9.26%

Correlation

The correlation between PLJIX and PLSAX is 0.94, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.94
Correlation (3Y) Balances recent behavior with more history.	0.94
Correlation (5Y) Shows whether the relationship held over a longer period.	0.95
Correlation (All Time) Calculated using the full available price history since Sep 6, 2017	0.96

The correlation between PLJIX and PLSAX has been stable across timeframes, ranging from 0.94 to 0.96 - a consistent structural relationship.

Return for Risk

PLJIX vs. PLSAX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

PLJIX

PLJIX Risk / Return Rank: 46
PLJIX Sharpe Ratio Rank: 41
PLJIX Sortino Ratio Rank: 40
PLJIX Omega Ratio Rank: 41
PLJIX Calmar Ratio Rank: 47
PLJIX Martin Ratio Rank: 60

PLSAX

PLSAX Risk / Return Rank: 56
PLSAX Sharpe Ratio Rank: 54
PLSAX Sortino Ratio Rank: 50
PLSAX Omega Ratio Rank: 50
PLSAX Calmar Ratio Rank: 58
PLSAX Martin Ratio Rank: 71

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

PLJIX vs. PLSAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Principal LifeTime 2065 (PLJIX) and Principal LargeCap S&P 500 Index Fund Class A (PLSAX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	PLJIX	PLSAX	Difference
Sharpe ratio: Return per unit of total volatility	1.33	1.50	-0.17
Sortino ratio: Return per unit of downside risk	1.91	2.09	-0.19
Omega ratio: Gain probability vs. loss probability	1.24	1.27	-0.03
Calmar ratio: Return relative to maximum drawdown	1.96	2.16	-0.20
Martin ratio: Return relative to average drawdown	8.40	9.25	-0.85

PLJIX vs. PLSAX - Sharpe Ratio Comparison

The current PLJIX Sharpe Ratio is 1.33, which is comparable to the PLSAX Sharpe Ratio of 1.50. The chart below compares the historical Sharpe Ratios of PLJIX and PLSAX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

PLJIX vs. PLSAX - Drawdown Comparison

The maximum PLJIX drawdown since its inception was -34.13%, smaller than the maximum PLSAX drawdown of -55.67%. Use the drawdown chart below to compare losses from any high point for PLJIX and PLSAX.

Drawdown Indicators

	PLJIX	PLSAX	Difference
Max Drawdown Largest peak-to-trough decline	-34.13%	-55.67%	+21.54%
Max Drawdown (1Y) Largest decline over 1 year	-8.72%	-8.94%	+0.22%
Max Drawdown (3Y) Largest decline over 3 years	-15.72%	-18.78%	+3.06%
Max Drawdown (5Y) Largest decline over 5 years	-26.81%	-24.69%	-2.12%
Max Drawdown (10Y) Largest decline over 10 years	—	-33.79%	—
Current Drawdown Current decline from peak	-0.52%	-1.47%	+0.95%
Average Drawdown Average peak-to-trough decline	-5.52%	-10.10%	+4.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.03%	2.08%	-0.05%

Volatility

PLJIX vs. PLSAX - Volatility Comparison

Principal LifeTime 2065 (PLJIX) and Principal LargeCap S&P 500 Index Fund Class A (PLSAX) have volatilities of 3.46% and 3.49%, 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

	PLJIX	PLSAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.46%	3.49%	-0.03%
Volatility (6M) Calculated over the trailing 6-month period	10.58%	10.09%	+0.49%
Volatility (1Y) Calculated over the trailing 1-year period	12.82%	12.85%	-0.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.53%	17.02%	-1.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.69%	17.51%	-0.82%

PLJIX vs. PLSAX - Expense Ratio Comparison

PLJIX has a 0.05% expense ratio, which is lower than PLSAX's 0.38% expense ratio.

Dividends

PLJIX vs. PLSAX - Dividend Comparison

PLJIX's dividend yield for the trailing twelve months is around 6.30%, more than PLSAX's 2.50% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PLJIX Principal LifeTime 2065	6.30%	6.88%	6.05%	3.59%	6.54%	3.83%	2.45%	3.83%	3.34%	1.87%	0.00%	0.00%
PLSAX Principal LargeCap S&P 500 Index Fund Class A	2.50%	2.75%	4.07%	3.90%	2.70%	13.38%	7.35%	3.57%	7.19%	6.72%	2.93%	2.36%

Frequently Asked Questions

Can I hold both PLJIX and PLSAX in my portfolio?

With a correlation of 0.94, PLJIX and PLSAX 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, PLJIX or PLSAX?

PLSAX has higher volatility (3.49%) compared to PLJIX (3.46%). In terms of maximum drawdown, PLJIX dropped -34.13% vs PLSAX's -55.67%.

Which has better risk-adjusted returns?

PLSAX currently has the higher Sharpe Ratio (1.50 vs 1.33), 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.