PLSAX vs. MEIKX
Compare and contrast key facts about Principal LargeCap S&P 500 Index Fund Class A (PLSAX) and MFS Value Fund (MEIKX).
PLSAX is a passively managed fund by Principal Funds that tracks the performance of the S&P 500 Index. It was launched on Feb 2, 2001. MEIKX is managed by MFS. It was launched on May 1, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PLSAX or MEIKX.
Correlation
The correlation between PLSAX and MEIKX is 0.87, 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
PLSAX vs. MEIKX - Performance Comparison
Key characteristics
PLSAX:
1.77
MEIKX:
0.58
PLSAX:
2.39
MEIKX:
0.78
PLSAX:
1.32
MEIKX:
1.12
PLSAX:
2.70
MEIKX:
0.53
PLSAX:
10.07
MEIKX:
1.49
PLSAX:
2.27%
MEIKX:
4.87%
PLSAX:
12.88%
MEIKX:
12.57%
PLSAX:
-56.16%
MEIKX:
-36.68%
PLSAX:
-0.93%
MEIKX:
-9.40%
Returns By Period
In the year-to-date period, PLSAX achieves a 4.10% return, which is significantly higher than MEIKX's 3.84% return. Over the past 10 years, PLSAX has outperformed MEIKX with an annualized return of 8.61%, while MEIKX has yielded a comparatively lower 6.03% annualized return.
PLSAX
4.10%
2.04%
7.90%
21.51%
8.66%
8.61%
MEIKX
3.84%
1.09%
-3.86%
5.61%
4.00%
6.03%
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PLSAX vs. MEIKX - Expense Ratio Comparison
PLSAX has a 0.38% expense ratio, which is lower than MEIKX's 0.43% expense ratio.
Risk-Adjusted Performance
PLSAX vs. MEIKX — Risk-Adjusted Performance Rank
PLSAX
MEIKX
PLSAX vs. MEIKX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Principal LargeCap S&P 500 Index Fund Class A (PLSAX) and MFS Value Fund (MEIKX). 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
PLSAX vs. MEIKX - Dividend Comparison
PLSAX's dividend yield for the trailing twelve months is around 0.97%, less than MEIKX's 1.92% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PLSAX Principal LargeCap S&P 500 Index Fund Class A | 0.97% | 1.01% | 1.16% | 1.29% | 0.81% | 1.53% | 1.62% | 1.82% | 1.45% | 1.67% | 1.54% | 1.50% |
MEIKX MFS Value Fund | 1.92% | 1.99% | 1.90% | 2.10% | 1.47% | 1.71% | 2.04% | 2.23% | 1.69% | 2.12% | 6.72% | 5.53% |
Drawdowns
PLSAX vs. MEIKX - Drawdown Comparison
The maximum PLSAX drawdown since its inception was -56.16%, which is greater than MEIKX's maximum drawdown of -36.68%. Use the drawdown chart below to compare losses from any high point for PLSAX and MEIKX. For additional features, visit the drawdowns tool.
Volatility
PLSAX vs. MEIKX - Volatility Comparison
Principal LargeCap S&P 500 Index Fund Class A (PLSAX) and MFS Value Fund (MEIKX) have volatilities of 3.17% and 3.04%, 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.