PMAQX vs. FEQIX
Compare and contrast key facts about Principal MidCap R6 (PMAQX) and Fidelity Equity-Income Fund (FEQIX).
PMAQX is managed by Principal Funds. It was launched on Nov 22, 2016. FEQIX is managed by Fidelity. It was launched on May 16, 1966.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PMAQX or FEQIX.
Key characteristics
| PMAQX | FEQIX | |
|---|---|---|
| YTD Return | 26.45% | 20.48% |
| 1Y Return | 35.61% | 27.69% |
| 3Y Return (Ann) | 2.27% | 4.30% |
| 5Y Return (Ann) | 9.40% | 7.45% |
| Sharpe Ratio | 2.78 | 2.89 |
| Sortino Ratio | 3.69 | 3.98 |
| Omega Ratio | 1.48 | 1.53 |
| Calmar Ratio | 1.74 | 2.52 |
| Martin Ratio | 16.63 | 20.84 |
| Ulcer Index | 2.28% | 1.39% |
| Daily Std Dev | 13.59% | 10.00% |
| Max Drawdown | -40.56% | -62.07% |
| Current Drawdown | 0.00% | -0.06% |
Correlation
The correlation between PMAQX and FEQIX is 0.83, 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
PMAQX vs. FEQIX - Performance Comparison
In the year-to-date period, PMAQX achieves a 26.45% return, which is significantly higher than FEQIX's 20.48% 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. FEQIX - Expense Ratio Comparison
PMAQX has a 0.60% expense ratio, which is higher than FEQIX's 0.57% expense ratio.
Risk-Adjusted Performance
PMAQX vs. FEQIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Principal MidCap R6 (PMAQX) and Fidelity Equity-Income Fund (FEQIX). 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. FEQIX - Dividend Comparison
PMAQX's dividend yield for the trailing twelve months is around 0.09%, less than FEQIX's 1.54% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PMAQX Principal MidCap R6 | 0.09% | 0.11% | 0.00% | 0.00% | 0.00% | 0.58% | 0.20% | 0.13% | 2.56% | 0.00% | 0.00% | 0.00% |
FEQIX Fidelity Equity-Income Fund | 1.54% | 1.78% | 1.93% | 1.55% | 1.50% | 1.82% | 2.73% | 2.03% | 2.37% | 7.35% | 8.14% | 2.18% |
Drawdowns
PMAQX vs. FEQIX - Drawdown Comparison
The maximum PMAQX drawdown since its inception was -40.56%, smaller than the maximum FEQIX drawdown of -62.07%. Use the drawdown chart below to compare losses from any high point for PMAQX and FEQIX. For additional features, visit the drawdowns tool.
Volatility
PMAQX vs. FEQIX - Volatility Comparison
Principal MidCap R6 (PMAQX) has a higher volatility of 4.23% compared to Fidelity Equity-Income Fund (FEQIX) at 3.16%. This indicates that PMAQX's price experiences larger fluctuations and is considered to be riskier than FEQIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.