PLZTX vs. SSFNX
PLZTX (Principal LifeTime Hybrid 2030 Fund R-6) and SSFNX (State Street Target Retirement Fund) are both Target Retirement Date funds. Over the past 10 years, PLZTX returned 8.80%/yr vs 5.89%/yr for SSFNX. Their correlation of 0.93 suggests significant overlap in exposure. PLZTX charges 0.33%/yr vs 0.10%/yr for SSFNX.
Performance
PLZTX vs. SSFNX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PLZTX achieves a 7.17% return, which is significantly higher than SSFNX's 5.58% return. Over the past 10 years, PLZTX has outperformed SSFNX with an annualized return of 8.80%, while SSFNX has yielded a comparatively lower 5.89% annualized return.
PLZTX
- 1D
- 0.33%
- 1M
- 3.36%
- YTD
- 7.17%
- 6M
- 7.46%
- 1Y
- 18.43%
- 3Y*
- 13.63%
- 5Y*
- 6.61%
- 10Y*
- 8.80%
SSFNX
- 1D
- 0.17%
- 1M
- 1.53%
- YTD
- 5.58%
- 6M
- 5.73%
- 1Y
- 13.09%
- 3Y*
- 9.93%
- 5Y*
- 4.57%
- 10Y*
- 5.89%
PLZTX vs. SSFNX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PLZTX Principal LifeTime Hybrid 2030 Fund R-6 | 7.17% | 14.46% | 11.11% | 14.97% | -16.74% | 13.93% | 14.79% | 20.97% | -7.35% | 16.71% |
SSFNX State Street Target Retirement Fund | 5.58% | 10.93% | 7.05% | 10.73% | -12.21% | 6.87% | 10.26% | 13.97% | -2.49% | 8.92% |
Correlation
The correlation between PLZTX and SSFNX is 0.91, 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 | 0.91 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.93 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.94 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.92 |
Correlation (All Time) Calculated using the full available price history since Sep 1, 2015 | 0.93 |
The correlation between PLZTX and SSFNX has been stable across timeframes, ranging from 0.91 to 0.94 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
PLZTX vs. SSFNX — Risk / Return Rank
PLZTX
SSFNX
PLZTX vs. SSFNX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Principal LifeTime Hybrid 2030 Fund R-6 (PLZTX) and State Street Target Retirement Fund (SSFNX). 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.
| PLZTX | SSFNX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.56 | ||
| Sortino ratioReturn per unit of downside risk | -0.92 | ||
| Omega ratioGain probability vs. loss probability | 1.47 | 1.62 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | 3.28 | 3.73 | -0.46 |
| Martin ratioReturn relative to average drawdown | 14.82 | 16.97 | -2.15 |
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 charts...
Sharpe Ratios by Period
| PLZTX | SSFNX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.44 | 3.00 | -0.56 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.63 | 0.70 | -0.06 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.79 | 0.90 | -0.11 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.77 | 0.84 | -0.07 |
Drawdowns
PLZTX vs. SSFNX - Drawdown Comparison
The maximum PLZTX drawdown since its inception was -24.54%, which is greater than SSFNX's maximum drawdown of -16.62%. Use the drawdown chart below to compare losses from any high point for PLZTX and SSFNX.
Loading charts...
Drawdown Indicators
| PLZTX | SSFNX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.54% | -16.62% | -7.92% |
Max Drawdown (1Y)Largest decline over 1 year | -5.73% | -3.52% | -2.21% |
Max Drawdown (3Y)Largest decline over 3 years | -10.07% | -5.40% | -4.67% |
Max Drawdown (5Y)Largest decline over 5 years | -21.95% | -16.62% | -5.33% |
Max Drawdown (10Y)Largest decline over 10 years | -24.54% | -16.62% | -7.92% |
Current DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -3.91% | -2.52% | -1.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.26% | 0.77% | +0.49% |
Volatility
PLZTX vs. SSFNX - Volatility Comparison
Principal LifeTime Hybrid 2030 Fund R-6 (PLZTX) has a higher volatility of 2.45% compared to State Street Target Retirement Fund (SSFNX) at 1.41%. This indicates that PLZTX's price experiences larger fluctuations and is considered to be riskier than SSFNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| PLZTX | SSFNX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.45% | 1.41% | +1.04% |
Volatility (6M)Calculated over the trailing 6-month period | 6.21% | 3.53% | +2.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.70% | 4.38% | +3.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.49% | 6.58% | +3.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.23% | 6.57% | +4.66% |
PLZTX vs. SSFNX - Expense Ratio Comparison
PLZTX has a 0.33% expense ratio, which is higher than SSFNX's 0.10% expense ratio.
Dividends
PLZTX vs. SSFNX - Dividend Comparison
PLZTX's dividend yield for the trailing twelve months is around 4.34%, less than SSFNX's 4.61% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PLZTX Principal LifeTime Hybrid 2030 Fund R-6 | 4.34% | 4.66% | 3.75% | 3.45% | 8.09% | 5.44% | 4.48% | 3.73% | 3.83% | 2.54% | 2.28% | 1.68% |
SSFNX State Street Target Retirement Fund | 4.61% | 4.86% | 5.78% | 5.26% | 5.12% | 6.69% | 1.61% | 3.35% | 4.40% | 2.72% | 1.84% | 2.05% |
Frequently Asked Questions
With a correlation of 0.91, PLZTX and SSFNX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
PLZTX has higher volatility (2.45%) compared to SSFNX (1.41%). In terms of maximum drawdown, PLZTX dropped -24.54% vs SSFNX's -16.62%.
SSFNX currently has the higher Sharpe Ratio (3.00 vs 2.44), 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.
Find the right allocation for PLZTX and SSFNX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer