PMAQX vs. CGMS
Compare and contrast key facts about Principal MidCap R6 (PMAQX) and Capital Group U.S. Multi-Sector Income ETF (CGMS).
PMAQX is managed by Principal Funds. It was launched on Nov 22, 2016. CGMS is an actively managed fund by Capital Group. It was launched on Oct 25, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PMAQX or CGMS.
Key characteristics
| PMAQX | CGMS | |
|---|---|---|
| YTD Return | 25.77% | 7.40% |
| 1Y Return | 37.18% | 14.47% |
| Sharpe Ratio | 2.76 | 2.78 |
| Sortino Ratio | 3.67 | 4.25 |
| Omega Ratio | 1.48 | 1.55 |
| Calmar Ratio | 1.63 | 7.19 |
| Martin Ratio | 16.53 | 22.27 |
| Ulcer Index | 2.28% | 0.62% |
| Daily Std Dev | 13.65% | 4.97% |
| Max Drawdown | -40.56% | -3.79% |
| Current Drawdown | 0.00% | -0.34% |
Correlation
The correlation between PMAQX and CGMS is 0.48, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
PMAQX vs. CGMS - Performance Comparison
In the year-to-date period, PMAQX achieves a 25.77% return, which is significantly higher than CGMS's 7.40% 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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PMAQX vs. CGMS - Expense Ratio Comparison
PMAQX has a 0.60% expense ratio, which is higher than CGMS's 0.39% expense ratio.
Risk-Adjusted Performance
PMAQX vs. CGMS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Principal MidCap R6 (PMAQX) and Capital Group U.S. Multi-Sector Income ETF (CGMS). 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
PMAQX vs. CGMS - Dividend Comparison
PMAQX's dividend yield for the trailing twelve months is around 0.09%, less than CGMS's 5.81% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
PMAQX Principal MidCap R6 | 0.09% | 0.11% | 0.00% | 0.00% | 0.00% | 0.58% | 0.20% | 0.13% | 2.56% |
CGMS Capital Group U.S. Multi-Sector Income ETF | 5.81% | 5.84% | 0.97% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
PMAQX vs. CGMS - Drawdown Comparison
The maximum PMAQX drawdown since its inception was -40.56%, which is greater than CGMS's maximum drawdown of -3.79%. Use the drawdown chart below to compare losses from any high point for PMAQX and CGMS. For additional features, visit the drawdowns tool.
Volatility
PMAQX vs. CGMS - Volatility Comparison
Principal MidCap R6 (PMAQX) has a higher volatility of 4.41% compared to Capital Group U.S. Multi-Sector Income ETF (CGMS) at 1.69%. This indicates that PMAQX's price experiences larger fluctuations and is considered to be riskier than CGMS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.