PLTQX vs. FXAIX
Compare and contrast key facts about Principal LifeTime Hybrid 2040 Fund (PLTQX) and Fidelity 500 Index Fund (FXAIX).
PLTQX is managed by Principal. It was launched on Sep 29, 2014. FXAIX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PLTQX or FXAIX.
Correlation
The correlation between PLTQX and FXAIX is 0.95, 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
PLTQX vs. FXAIX - Performance Comparison
Key characteristics
PLTQX:
1.34
FXAIX:
1.75
PLTQX:
1.86
FXAIX:
2.36
PLTQX:
1.24
FXAIX:
1.32
PLTQX:
1.22
FXAIX:
2.66
PLTQX:
6.94
FXAIX:
11.02
PLTQX:
1.96%
FXAIX:
2.04%
PLTQX:
10.15%
FXAIX:
12.89%
PLTQX:
-29.05%
FXAIX:
-33.79%
PLTQX:
-1.47%
FXAIX:
-2.12%
Returns By Period
In the year-to-date period, PLTQX achieves a 3.06% return, which is significantly higher than FXAIX's 2.42% return. Over the past 10 years, PLTQX has underperformed FXAIX with an annualized return of 6.11%, while FXAIX has yielded a comparatively higher 12.86% annualized return.
PLTQX
3.06%
0.20%
2.31%
11.84%
5.78%
6.11%
FXAIX
2.42%
-1.08%
7.43%
19.81%
14.30%
12.86%
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PLTQX vs. FXAIX - Expense Ratio Comparison
PLTQX has a 0.05% expense ratio, which is higher than FXAIX's 0.02% 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
PLTQX vs. FXAIX — Risk-Adjusted Performance Rank
PLTQX
FXAIX
PLTQX vs. FXAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Principal LifeTime Hybrid 2040 Fund (PLTQX) and Fidelity 500 Index Fund (FXAIX). 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
PLTQX vs. FXAIX - Dividend Comparison
PLTQX's dividend yield for the trailing twelve months is around 2.18%, more than FXAIX's 1.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PLTQX Principal LifeTime Hybrid 2040 Fund | 2.18% | 2.24% | 2.19% | 1.54% | 2.39% | 2.85% | 2.15% | 2.09% | 1.94% | 1.80% | 1.66% | 4.77% |
FXAIX Fidelity 500 Index Fund | 1.22% | 1.25% | 1.45% | 1.69% | 1.22% | 1.60% | 1.95% | 2.07% | 1.81% | 2.01% | 2.56% | 2.63% |
Drawdowns
PLTQX vs. FXAIX - Drawdown Comparison
The maximum PLTQX drawdown since its inception was -29.05%, smaller than the maximum FXAIX drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for PLTQX and FXAIX. For additional features, visit the drawdowns tool.
Volatility
PLTQX vs. FXAIX - Volatility Comparison
The current volatility for Principal LifeTime Hybrid 2040 Fund (PLTQX) is 2.56%, while Fidelity 500 Index Fund (FXAIX) has a volatility of 3.43%. This indicates that PLTQX experiences smaller price fluctuations and is considered to be less risky than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.