PLVIX vs. PTDIX

Last updated Jun 24, 2026

PLVIX (Principal LargeCap Value Fund III) and PTDIX (Principal LifeTime 2040 Fund) are both mutual funds - PLVIX is a Large Cap Value Equities fund managed by Principal, while PTDIX is a Target Retirement Date fund managed by Principal. Over the past 10 years, PLVIX returned 12.14%/yr vs 10.85%/yr for PTDIX. Their correlation of 0.93 suggests significant overlap in exposure. PLVIX charges 0.70%/yr vs 0.01%/yr for PTDIX.

Performance

PLVIX vs. PTDIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Principal LargeCap Value Fund III (PLVIX) and Principal LifeTime 2040 Fund (PTDIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PLVIX achieves a 10.27% return, which is significantly higher than PTDIX's 6.96% return. Over the past 10 years, PLVIX has outperformed PTDIX with an annualized return of 12.14%, while PTDIX has yielded a comparatively lower 10.85% annualized return.

PLVIX

• 1D: 0.16%
• 1M: 2.19%
• YTD: 10.27%
• 6M: 9.51%
• 1Y: 20.31%
• 3Y*: 18.11%
• 5Y*: 11.17%
• 10Y*: 12.14%

PTDIX

• 1D: -0.34%
• 1M: 1.19%
• YTD: 6.96%
• 6M: 6.54%
• 1Y: 17.41%
• 3Y*: 16.53%
• 5Y*: 8.04%
• 10Y*: 10.85%

*Multi-year figures are annualized to reflect compound growth (CAGR)

PLVIX vs. PTDIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PLVIX Principal LargeCap Value Fund III	10.27%	10.94%	23.06%	9.96%	-4.98%	24.24%	3.19%	26.49%	-6.01%	16.87%
PTDIX Principal LifeTime 2040 Fund	6.96%	15.59%	17.43%	18.33%	-18.13%	15.35%	16.04%	24.91%	-7.95%	20.69%

Correlation

The correlation between PLVIX and PTDIX is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.82
Correlation (3Y) Calculated over the trailing 3-year period	0.86
Correlation (5Y) Calculated over the trailing 5-year period	0.89
Correlation (10Y) Calculated over the trailing 10-year period	0.88
Correlation (All Time) Calculated using the full available price history since Mar 2, 2001	0.93

The correlation between PLVIX and PTDIX shifts across timeframes, from 0.82 (1 year) to 0.93 (all time), reflecting how their relationship changes across market environments.

Return for Risk

PLVIX vs. PTDIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PLVIX

PLVIX Risk / Return Rank: 47
PLVIX Sharpe Ratio Rank: 45
PLVIX Sortino Ratio Rank: 46
PLVIX Omega Ratio Rank: 42
PLVIX Calmar Ratio Rank: 53
PLVIX Martin Ratio Rank: 49

PTDIX

PTDIX Risk / Return Rank: 46
PTDIX Sharpe Ratio Rank: 43
PTDIX Sortino Ratio Rank: 41
PTDIX Omega Ratio Rank: 43
PTDIX Calmar Ratio Rank: 47
PTDIX Martin Ratio Rank: 58

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PLVIX vs. PTDIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Principal LargeCap Value Fund III (PLVIX) 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.

	PLVIX	PTDIX	Difference
Sharpe ratio: Return per unit of total volatility	1.83	1.77	+0.06
Sortino ratio: Return per unit of downside risk	2.62	2.50	+0.12
Omega ratio: Gain probability vs. loss probability	1.33	1.33	0.00
Calmar ratio: Return relative to maximum drawdown	2.66	2.51	+0.15
Martin ratio: Return relative to average drawdown	9.55	10.92	-1.36

PLVIX vs. PTDIX - Sharpe Ratio Comparison

The current PLVIX Sharpe Ratio is 1.83, which is comparable to the PTDIX Sharpe Ratio of 1.77. The chart below compares the historical Sharpe Ratios of PLVIX and PTDIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

PLVIX vs. PTDIX - Drawdown Comparison

The maximum PLVIX drawdown since its inception was -62.55%, which is greater than PTDIX's maximum drawdown of -54.38%. Use the drawdown chart below to compare losses from any high point for PLVIX and PTDIX.

Drawdown Indicators

	PLVIX	PTDIX	Difference
Max Drawdown Largest peak-to-trough decline	-62.55%	-54.38%	-8.17%
Max Drawdown (1Y) Largest decline over 1 year	-7.94%	-7.32%	-0.62%
Max Drawdown (3Y) Largest decline over 3 years	-15.03%	-13.05%	-1.98%
Max Drawdown (5Y) Largest decline over 5 years	-17.32%	-25.43%	+8.11%
Max Drawdown (10Y) Largest decline over 10 years	-38.51%	-30.02%	-8.49%
Current Drawdown Current decline from peak	-0.83%	-0.78%	-0.05%
Average Drawdown Average peak-to-trough decline	-10.08%	-7.48%	-2.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.20%	1.68%	+0.52%

Volatility

PLVIX vs. PTDIX - Volatility Comparison

The current volatility for Principal LargeCap Value Fund III (PLVIX) is 3.64%, while Principal LifeTime 2040 Fund (PTDIX) has a volatility of 3.96%. This indicates that PLVIX experiences smaller price fluctuations and is considered to be less risky than PTDIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PLVIX	PTDIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.64%	3.96%	-0.32%
Volatility (6M) Calculated over the trailing 6-month period	8.77%	8.55%	+0.22%
Volatility (1Y) Calculated over the trailing 1-year period	11.55%	10.39%	+1.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.23%	13.58%	+1.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.94%	13.86%	+3.08%

PLVIX vs. PTDIX - Expense Ratio Comparison

PLVIX has a 0.70% expense ratio, which is higher than PTDIX's 0.01% expense ratio.

Dividends

PLVIX vs. PTDIX - Dividend Comparison

PLVIX's dividend yield for the trailing twelve months is around 19.39%, more than PTDIX's 9.16% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PLVIX Principal LargeCap Value Fund III	19.39%	21.38%	15.41%	3.27%	10.14%	9.13%	1.56%	6.52%	11.10%	6.84%	4.52%	8.19%
PTDIX Principal LifeTime 2040 Fund	9.16%	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

Can I hold both PLVIX and PTDIX in my portfolio?

PLVIX and PTDIX have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PLVIX or PTDIX?

PTDIX has higher volatility (3.96%) compared to PLVIX (3.64%). In terms of maximum drawdown, PLVIX dropped -62.55% vs PTDIX's -54.38%.

Which has better risk-adjusted returns?

PLVIX currently has the higher Sharpe Ratio (1.83 vs 1.77), 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.