PLWIX vs. PTEAX
Compare and contrast key facts about Principal LifeTime 2020 Fund (PLWIX) and Principal Tax-Exempt Bond Fund (PTEAX).
PLWIX is managed by Principal. It was launched on Feb 28, 2001. PTEAX is managed by Principal. It was launched on Jan 2, 1977.
Performance
PLWIX vs. PTEAX - Performance Comparison
Loading graphics...
PLWIX vs. PTEAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PLWIX Principal LifeTime 2020 Fund | -2.23% | 11.32% | 12.21% | 12.23% | -14.36% | 9.05% | 12.70% | 18.40% | -5.72% | 14.96% |
PTEAX Principal Tax-Exempt Bond Fund | -1.06% | 4.68% | 2.10% | 6.35% | -12.18% | 2.71% | 4.80% | 9.05% | 0.44% | 6.44% |
Returns By Period
In the year-to-date period, PLWIX achieves a -2.23% return, which is significantly lower than PTEAX's -1.06% return. Over the past 10 years, PLWIX has outperformed PTEAX with an annualized return of 6.86%, while PTEAX has yielded a comparatively lower 1.93% annualized return.
PLWIX
- 1D
- 0.17%
- 1M
- -4.51%
- YTD
- -2.23%
- 6M
- -0.84%
- 1Y
- 7.85%
- 3Y*
- 9.55%
- 5Y*
- 4.70%
- 10Y*
- 6.86%
PTEAX
- 1D
- 0.15%
- 1M
- -2.95%
- YTD
- -1.06%
- 6M
- 0.39%
- 1Y
- 3.32%
- 3Y*
- 3.01%
- 5Y*
- 0.29%
- 10Y*
- 1.93%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PLWIX vs. PTEAX - Expense Ratio Comparison
PLWIX has a 0.01% expense ratio, which is lower than PTEAX's 0.73% expense ratio.
Return for Risk
PLWIX vs. PTEAX — Risk / Return Rank
PLWIX
PTEAX
PLWIX vs. PTEAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Principal LifeTime 2020 Fund (PLWIX) and Principal Tax-Exempt Bond Fund (PTEAX). 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.
| PLWIX | PTEAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.07 | 0.84 | +0.23 |
Sortino ratioReturn per unit of downside risk | 1.53 | 1.14 | +0.39 |
Omega ratioGain probability vs. loss probability | 1.22 | 1.23 | 0.00 |
Calmar ratioReturn relative to maximum drawdown | 1.29 | 0.92 | +0.37 |
Martin ratioReturn relative to average drawdown | 5.82 | 2.97 | +2.85 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| PLWIX | PTEAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.07 | 0.84 | +0.23 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.58 | 0.07 | +0.50 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.81 | 0.44 | +0.36 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.51 | 0.31 | +0.20 |
Correlation
The correlation between PLWIX and PTEAX is -0.03. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Dividends
PLWIX vs. PTEAX - Dividend Comparison
PLWIX's dividend yield for the trailing twelve months is around 10.31%, more than PTEAX's 3.89% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PLWIX Principal LifeTime 2020 Fund | 10.31% | 10.08% | 11.91% | 5.12% | 9.82% | 9.40% | 5.90% | 8.69% | 7.35% | 5.74% | 3.73% | 8.75% |
PTEAX Principal Tax-Exempt Bond Fund | 3.89% | 4.66% | 3.73% | 2.81% | 2.27% | 2.15% | 2.23% | 3.09% | 3.68% | 3.69% | 3.91% | 3.75% |
Drawdowns
PLWIX vs. PTEAX - Drawdown Comparison
The maximum PLWIX drawdown since its inception was -49.07%, which is greater than PTEAX's maximum drawdown of -38.72%. Use the drawdown chart below to compare losses from any high point for PLWIX and PTEAX.
Loading graphics...
Drawdown Indicators
| PLWIX | PTEAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.07% | -38.72% | -10.35% |
Max Drawdown (1Y)Largest decline over 1 year | -5.75% | -4.78% | -0.97% |
Max Drawdown (5Y)Largest decline over 5 years | -19.73% | -17.37% | -2.36% |
Max Drawdown (10Y)Largest decline over 10 years | -20.29% | -17.37% | -2.92% |
Current DrawdownCurrent decline from peak | -4.59% | -2.95% | -1.64% |
Average DrawdownAverage peak-to-trough decline | -5.76% | -5.95% | +0.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.27% | 1.49% | -0.22% |
Volatility
PLWIX vs. PTEAX - Volatility Comparison
Principal LifeTime 2020 Fund (PLWIX) has a higher volatility of 2.61% compared to Principal Tax-Exempt Bond Fund (PTEAX) at 1.01%. This indicates that PLWIX's price experiences larger fluctuations and is considered to be riskier than PTEAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| PLWIX | PTEAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.61% | 1.01% | +1.60% |
Volatility (6M)Calculated over the trailing 6-month period | 4.35% | 1.80% | +2.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.48% | 4.92% | +2.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.22% | 3.96% | +4.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.55% | 4.39% | +4.16% |