Correlation
The correlation between PLTZX and VOO 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.
PLTZX vs. VOO
Compare and contrast key facts about Principal LifeTime 2060 Fund (PLTZX) and Vanguard S&P 500 ETF (VOO).
PLTZX is managed by Principal. It was launched on Feb 28, 2013. 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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PLTZX or VOO.
Performance
PLTZX vs. VOO - Performance Comparison
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Key characteristics
PLTZX:
0.65
VOO:
0.74
PLTZX:
0.91
VOO:
1.04
PLTZX:
1.13
VOO:
1.15
PLTZX:
0.61
VOO:
0.68
PLTZX:
2.62
VOO:
2.58
PLTZX:
3.65%
VOO:
4.93%
PLTZX:
16.71%
VOO:
19.54%
PLTZX:
-34.02%
VOO:
-33.99%
PLTZX:
-0.93%
VOO:
-3.55%
Returns By Period
In the year-to-date period, PLTZX achieves a 4.33% return, which is significantly higher than VOO's 0.90% return. Over the past 10 years, PLTZX has underperformed VOO with an annualized return of 8.48%, while VOO has yielded a comparatively higher 12.81% annualized return.
PLTZX
4.33%
4.69%
0.34%
10.01%
10.35%
11.65%
8.48%
VOO
0.90%
5.53%
-1.46%
13.29%
14.31%
15.89%
12.81%
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PLTZX vs. VOO - Expense Ratio Comparison
PLTZX has a 0.01% expense ratio, which is lower than VOO's 0.03% 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. VOO — Risk-Adjusted Performance Rank
PLTZX
VOO
PLTZX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Principal LifeTime 2060 Fund (PLTZX) 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.
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Dividends
PLTZX vs. VOO - Dividend Comparison
PLTZX's dividend yield for the trailing twelve months is around 4.52%, more than VOO's 1.29% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PLTZX Principal LifeTime 2060 Fund | 4.52% | 4.71% | 4.12% | 8.43% | 5.29% | 3.60% | 5.86% | 5.75% | 2.73% | 3.47% | 3.29% | 2.74% |
VOO Vanguard S&P 500 ETF | 1.29% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
PLTZX vs. VOO - Drawdown Comparison
The maximum PLTZX drawdown since its inception was -34.02%, roughly equal to the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for PLTZX and VOO.
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Volatility
PLTZX vs. VOO - Volatility Comparison
The current volatility for Principal LifeTime 2060 Fund (PLTZX) is 3.89%, while Vanguard S&P 500 ETF (VOO) has a volatility of 4.84%. This indicates that PLTZX experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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