PLSAX vs. VOO
Compare and contrast key facts about Principal LargeCap S&P 500 Index Fund Class A (PLSAX) and Vanguard S&P 500 ETF (VOO).
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. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010. Both PLSAX and VOO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PLSAX or VOO.
Correlation
The correlation between PLSAX and VOO is 0.99, 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. VOO - Performance Comparison
Key characteristics
PLSAX:
0.43
VOO:
0.54
PLSAX:
0.73
VOO:
0.88
PLSAX:
1.11
VOO:
1.13
PLSAX:
0.44
VOO:
0.55
PLSAX:
1.74
VOO:
2.27
PLSAX:
4.81%
VOO:
4.55%
PLSAX:
19.49%
VOO:
19.19%
PLSAX:
-56.16%
VOO:
-33.99%
PLSAX:
-10.35%
VOO:
-9.90%
Returns By Period
The year-to-date returns for both investments are quite close, with PLSAX having a -5.79% return and VOO slightly higher at -5.74%. Over the past 10 years, PLSAX has underperformed VOO with an annualized return of 7.48%, while VOO has yielded a comparatively higher 12.07% annualized return.
PLSAX
-5.79%
-3.23%
-5.87%
8.85%
10.29%
7.48%
VOO
-5.74%
-3.16%
-4.28%
10.88%
16.04%
12.07%
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PLSAX vs. VOO - Expense Ratio Comparison
PLSAX has a 0.38% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
PLSAX vs. VOO — Risk-Adjusted Performance Rank
PLSAX
VOO
PLSAX vs. VOO - 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 Vanguard S&P 500 ETF (VOO). 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. VOO - Dividend Comparison
PLSAX's dividend yield for the trailing twelve months is around 1.08%, less than VOO's 1.38% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PLSAX Principal LargeCap S&P 500 Index Fund Class A | 1.08% | 1.01% | 1.16% | 1.29% | 0.81% | 1.53% | 1.62% | 1.82% | 1.45% | 1.67% | 1.54% | 1.50% |
VOO Vanguard S&P 500 ETF | 1.38% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
PLSAX vs. VOO - Drawdown Comparison
The maximum PLSAX drawdown since its inception was -56.16%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for PLSAX and VOO. For additional features, visit the drawdowns tool.
Volatility
PLSAX vs. VOO - Volatility Comparison
Principal LargeCap S&P 500 Index Fund Class A (PLSAX) and Vanguard S&P 500 ETF (VOO) have volatilities of 14.21% and 13.96%, 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.