PLTHX vs. PLTZX
Compare and contrast key facts about Principal LifeTime Hybrid 2060 Fund (PLTHX) and Principal LifeTime 2060 Fund (PLTZX).
PLTHX is managed by Principal. It was launched on Sep 29, 2014. PLTZX is managed by Principal. It was launched on Feb 28, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PLTHX or PLTZX.
Key characteristics
| PLTHX | PLTZX | |
|---|---|---|
| YTD Return | 19.07% | 17.04% |
| 1Y Return | 30.86% | 27.08% |
| 3Y Return (Ann) | 2.43% | 0.29% |
| 5Y Return (Ann) | 8.71% | 6.56% |
| 10Y Return (Ann) | 8.01% | 6.16% |
| Sharpe Ratio | 2.52 | 2.23 |
| Sortino Ratio | 3.42 | 2.96 |
| Omega Ratio | 1.46 | 1.41 |
| Calmar Ratio | 1.66 | 1.26 |
| Martin Ratio | 16.38 | 14.22 |
| Ulcer Index | 1.83% | 1.85% |
| Daily Std Dev | 11.93% | 11.78% |
| Max Drawdown | -33.26% | -34.01% |
| Current Drawdown | -0.11% | -0.05% |
Correlation
The correlation between PLTHX and PLTZX 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
PLTHX vs. PLTZX - Performance Comparison
In the year-to-date period, PLTHX achieves a 19.07% return, which is significantly higher than PLTZX's 17.04% return. Over the past 10 years, PLTHX has outperformed PLTZX with an annualized return of 8.01%, while PLTZX has yielded a comparatively lower 6.16% annualized 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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PLTHX vs. PLTZX - Expense Ratio Comparison
PLTHX has a 0.05% expense ratio, which is higher than PLTZX's 0.01% expense ratio. However, 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
PLTHX vs. PLTZX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Principal LifeTime Hybrid 2060 Fund (PLTHX) and Principal LifeTime 2060 Fund (PLTZX). 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
PLTHX vs. PLTZX - Dividend Comparison
PLTHX's dividend yield for the trailing twelve months is around 1.54%, more than PLTZX's 1.42% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PLTHX Principal LifeTime Hybrid 2060 Fund | 1.54% | 1.83% | 1.47% | 2.38% | 2.12% | 2.04% | 2.20% | 1.87% | 1.78% | 1.62% | 4.72% | 0.00% |
PLTZX Principal LifeTime 2060 Fund | 1.42% | 1.67% | 1.27% | 2.90% | 1.56% | 1.78% | 2.21% | 2.12% | 1.41% | 1.36% | 2.67% | 1.70% |
Drawdowns
PLTHX vs. PLTZX - Drawdown Comparison
The maximum PLTHX drawdown since its inception was -33.26%, roughly equal to the maximum PLTZX drawdown of -34.01%. Use the drawdown chart below to compare losses from any high point for PLTHX and PLTZX. For additional features, visit the drawdowns tool.
Volatility
PLTHX vs. PLTZX - Volatility Comparison
Principal LifeTime Hybrid 2060 Fund (PLTHX) and Principal LifeTime 2060 Fund (PLTZX) have volatilities of 3.34% and 3.20%, 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.