PLTZX vs. PLTHX
Compare and contrast key facts about Principal LifeTime 2060 Fund (PLTZX) and Principal LifeTime Hybrid 2060 Fund (PLTHX).
PLTZX is managed by Principal. It was launched on Feb 28, 2013. PLTHX is managed by Principal. It was launched on Sep 29, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PLTZX or PLTHX.
Key characteristics
| PLTZX | PLTHX | |
|---|---|---|
| YTD Return | 16.54% | 18.34% |
| 1Y Return | 25.04% | 28.59% |
| 3Y Return (Ann) | 0.17% | 2.24% |
| 5Y Return (Ann) | 6.47% | 8.63% |
| 10Y Return (Ann) | 6.14% | 7.96% |
| Sharpe Ratio | 2.13 | 2.40 |
| Sortino Ratio | 2.84 | 3.27 |
| Omega Ratio | 1.40 | 1.44 |
| Calmar Ratio | 1.26 | 1.67 |
| Martin Ratio | 13.56 | 15.59 |
| Ulcer Index | 1.85% | 1.83% |
| Daily Std Dev | 11.73% | 11.90% |
| Max Drawdown | -34.01% | -33.26% |
| Current Drawdown | -0.69% | -0.78% |
Correlation
The correlation between PLTZX and PLTHX 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
PLTZX vs. PLTHX - Performance Comparison
In the year-to-date period, PLTZX achieves a 16.54% return, which is significantly lower than PLTHX's 18.34% return. Over the past 10 years, PLTZX has underperformed PLTHX with an annualized return of 6.14%, while PLTHX has yielded a comparatively higher 7.96% 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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PLTZX vs. PLTHX - Expense Ratio Comparison
PLTZX has a 0.01% expense ratio, which is lower than PLTHX's 0.05% expense ratio. Despite the difference, 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
PLTZX vs. PLTHX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Principal LifeTime 2060 Fund (PLTZX) and Principal LifeTime Hybrid 2060 Fund (PLTHX). 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
PLTZX vs. PLTHX - Dividend Comparison
PLTZX's dividend yield for the trailing twelve months is around 1.43%, less than PLTHX's 1.54% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PLTZX Principal LifeTime 2060 Fund | 1.43% | 1.67% | 1.27% | 2.90% | 1.56% | 1.78% | 2.21% | 2.12% | 1.41% | 1.36% | 2.67% | 1.70% |
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% |
Drawdowns
PLTZX vs. PLTHX - Drawdown Comparison
The maximum PLTZX drawdown since its inception was -34.01%, roughly equal to the maximum PLTHX drawdown of -33.26%. Use the drawdown chart below to compare losses from any high point for PLTZX and PLTHX. For additional features, visit the drawdowns tool.
Volatility
PLTZX vs. PLTHX - Volatility Comparison
The current volatility for Principal LifeTime 2060 Fund (PLTZX) is 3.16%, while Principal LifeTime Hybrid 2060 Fund (PLTHX) has a volatility of 3.34%. This indicates that PLTZX experiences smaller price fluctuations and is considered to be less risky than PLTHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.