PLTQX vs. PTDIX
PLTQX (Principal LifeTime Hybrid 2040 Fund) and PTDIX (Principal LifeTime 2040 Fund) are both Target Retirement Date funds from Principal. Over the past 10 years, PLTQX returned 10.63%/yr vs 10.70%/yr for PTDIX. With a 0.99 correlation, they move nearly in lockstep. PLTQX charges 0.05%/yr vs 0.01%/yr for PTDIX.
Performance
PLTQX vs. PTDIX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PLTQX achieves a 8.67% return, which is significantly higher than PTDIX's 7.20% return. Both investments have delivered pretty close results over the past 10 years, with PLTQX having a 10.63% annualized return and PTDIX not far ahead at 10.70%.
PLTQX
- 1D
- -0.39%
- 1M
- 2.34%
- YTD
- 8.67%
- 6M
- 10.30%
- 1Y
- 22.02%
- 3Y*
- 15.84%
- 5Y*
- 8.56%
- 10Y*
- 10.63%
PTDIX
- 1D
- -0.33%
- 1M
- 2.23%
- YTD
- 7.20%
- 6M
- 8.86%
- 1Y
- 18.24%
- 3Y*
- 15.96%
- 5Y*
- 8.10%
- 10Y*
- 10.70%
PLTQX vs. PTDIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PLTQX Principal LifeTime Hybrid 2040 Fund | 8.67% | 17.25% | 14.58% | 18.16% | -17.90% | 17.09% | 15.41% | 23.86% | -8.61% | 19.16% |
PTDIX Principal LifeTime 2040 Fund | 7.20% | 15.59% | 17.43% | 18.33% | -18.13% | 15.35% | 16.04% | 24.91% | -7.95% | 20.69% |
Correlation
The correlation between PLTQX and PTDIX is 0.99 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.99 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.99 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.99 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.99 |
Correlation (All Time) Calculated using the full available price history since Oct 1, 2014 | 0.99 |
The correlation between PLTQX and PTDIX has been stable across timeframes, ranging from 0.99 to 0.99 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
PLTQX vs. PTDIX — Risk / Return Rank
PLTQX
PTDIX
PLTQX vs. PTDIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Principal LifeTime Hybrid 2040 Fund (PLTQX) and Principal LifeTime 2040 Fund (PTDIX). 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.
| PLTQX | PTDIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.34 | ||
| Sortino ratioReturn per unit of downside risk | +0.46 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.32 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 2.92 | 2.39 | +0.54 |
| Martin ratioReturn relative to average drawdown | 13.07 | 10.42 | +2.65 |
Loading charts...
Drawdowns
PLTQX vs. PTDIX - Drawdown Comparison
The maximum PLTQX drawdown since its inception was -29.05%, smaller than the maximum PTDIX drawdown of -54.38%. Use the drawdown chart below to compare losses from any high point for PLTQX and PTDIX.
Loading charts...
Drawdown Indicators
| PLTQX | PTDIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -29.05% | -54.38% | +25.33% |
Max Drawdown (1Y)Largest decline over 1 year | -7.29% | -7.32% | +0.03% |
Max Drawdown (3Y)Largest decline over 3 years | -13.75% | -13.05% | -0.70% |
Max Drawdown (5Y)Largest decline over 5 years | -24.18% | -25.43% | +1.25% |
Max Drawdown (10Y)Largest decline over 10 years | -29.05% | -30.02% | +0.97% |
Current DrawdownCurrent decline from peak | -0.67% | -0.56% | -0.11% |
Average DrawdownAverage peak-to-trough decline | -4.40% | -7.48% | +3.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.63% | 1.68% | -0.05% |
Volatility
PLTQX vs. PTDIX - Volatility Comparison
Principal LifeTime Hybrid 2040 Fund (PLTQX) and Principal LifeTime 2040 Fund (PTDIX) have volatilities of 4.01% and 3.87%, 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.
Loading charts...
Volatility by Period
| PLTQX | PTDIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.01% | 3.87% | +0.14% |
Volatility (6M)Calculated over the trailing 6-month period | 8.59% | 8.46% | +0.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.49% | 10.32% | +0.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.47% | 13.57% | -0.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.83% | 13.86% | -0.03% |
PLTQX vs. PTDIX - Expense Ratio Comparison
PLTQX has a 0.05% expense ratio, which is higher than PTDIX'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%.
Dividends
PLTQX vs. PTDIX - Dividend Comparison
PLTQX's dividend yield for the trailing twelve months is around 4.14%, less than PTDIX's 9.14% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PLTQX Principal LifeTime Hybrid 2040 Fund | 4.14% | 4.50% | 4.19% | 3.14% | 8.95% | 5.00% | 3.85% | 3.84% | 4.47% | 2.37% | 2.34% | 1.65% |
PTDIX Principal LifeTime 2040 Fund | 9.14% | 9.80% | 12.28% | 4.40% | 8.61% | 8.92% | 6.01% | 7.26% | 9.28% | 6.07% | 4.86% | 6.73% |
Frequently Asked Questions
With a correlation of 0.99, PLTQX and PTDIX 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.
PLTQX has higher volatility (4.01%) compared to PTDIX (3.87%). In terms of maximum drawdown, PLTQX dropped -29.05% vs PTDIX's -54.38%.
PLTQX currently has the higher Sharpe Ratio (2.04 vs 1.70), 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.
Find the right allocation for PLTQX and PTDIX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer