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.
Key characteristics
| PLTZX | VOO | |
|---|---|---|
| YTD Return | 14.11% | 20.75% |
| 1Y Return | 26.23% | 33.60% |
| 3Y Return (Ann) | 5.31% | 11.14% |
| 5Y Return (Ann) | 10.46% | 15.64% |
| 10Y Return (Ann) | 8.80% | 13.20% |
| Sharpe Ratio | 2.02 | 2.47 |
| Daily Std Dev | 11.88% | 12.70% |
| Max Drawdown | -34.01% | -33.99% |
| Current Drawdown | -0.38% | -0.20% |
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.
Performance
PLTZX vs. VOO - Performance Comparison
In the year-to-date period, PLTZX achieves a 14.11% return, which is significantly lower than VOO's 20.75% return. Over the past 10 years, PLTZX has underperformed VOO with an annualized return of 8.80%, while VOO has yielded a comparatively higher 13.20% 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. 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 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.
Dividends
PLTZX vs. VOO - Dividend Comparison
PLTZX's dividend yield for the trailing twelve months is around 3.61%, more than VOO's 1.26% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PLTZX Principal LifeTime 2060 Fund | 3.61% | 4.12% | 8.44% | 5.29% | 3.60% | 5.86% | 5.75% | 2.73% | 3.48% | 3.29% | 2.73% | 1.87% |
VOO Vanguard S&P 500 ETF | 1.26% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
PLTZX vs. VOO - Drawdown Comparison
The maximum PLTZX drawdown since its inception was -34.01%, 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. For additional features, visit the drawdowns tool.
Volatility
PLTZX vs. VOO - Volatility Comparison
The current volatility for Principal LifeTime 2060 Fund (PLTZX) is 3.84%, while Vanguard S&P 500 ETF (VOO) has a volatility of 4.19%. 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.