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PMAQX vs. IWR
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

PMAQX vs. IWR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Principal MidCap R6 (PMAQX) and iShares Russell Midcap ETF (IWR). The values are adjusted to include any dividend payments, if applicable.

0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
12.57%
11.53%
PMAQX
IWR

Returns By Period

In the year-to-date period, PMAQX achieves a 23.60% return, which is significantly higher than IWR's 19.16% return.


PMAQX

YTD

23.60%

1M

0.47%

6M

12.09%

1Y

28.50%

5Y (annualized)

8.75%

10Y (annualized)

N/A

IWR

YTD

19.16%

1M

1.88%

6M

10.97%

1Y

30.38%

5Y (annualized)

11.34%

10Y (annualized)

9.90%

Key characteristics


PMAQXIWR
Sharpe Ratio2.182.35
Sortino Ratio2.913.25
Omega Ratio1.371.40
Calmar Ratio1.522.20
Martin Ratio12.7913.46
Ulcer Index2.29%2.30%
Daily Std Dev13.47%13.16%
Max Drawdown-40.56%-58.79%
Current Drawdown-2.25%-1.90%

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PMAQX vs. IWR - Expense Ratio Comparison

PMAQX has a 0.60% expense ratio, which is higher than IWR's 0.19% expense ratio.


PMAQX
Principal MidCap R6
Expense ratio chart for PMAQX: current value at 0.60% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.60%
Expense ratio chart for IWR: current value at 0.19% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.19%

Correlation

-0.50.00.51.00.9

The correlation between PMAQX and IWR is 0.93, 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.

Risk-Adjusted Performance

PMAQX vs. IWR - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Principal MidCap R6 (PMAQX) and iShares Russell Midcap ETF (IWR). 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.


Sharpe ratio
The chart of Sharpe ratio for PMAQX, currently valued at 2.18, compared to the broader market0.002.004.002.182.35
The chart of Sortino ratio for PMAQX, currently valued at 2.91, compared to the broader market0.005.0010.002.913.25
The chart of Omega ratio for PMAQX, currently valued at 1.37, compared to the broader market1.002.003.004.001.371.40
The chart of Calmar ratio for PMAQX, currently valued at 1.52, compared to the broader market0.005.0010.0015.0020.0025.001.522.20
The chart of Martin ratio for PMAQX, currently valued at 12.79, compared to the broader market0.0020.0040.0060.0080.00100.0012.7913.46
PMAQX
IWR

The current PMAQX Sharpe Ratio is 2.18, which is comparable to the IWR Sharpe Ratio of 2.35. The chart below compares the historical Sharpe Ratios of PMAQX and IWR, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio1.001.502.002.503.00JuneJulyAugustSeptemberOctoberNovember
2.18
2.35
PMAQX
IWR

Dividends

PMAQX vs. IWR - Dividend Comparison

PMAQX's dividend yield for the trailing twelve months is around 0.09%, less than IWR's 1.24% yield.


TTM20232022202120202019201820172016201520142013
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%
IWR
iShares Russell Midcap ETF
1.24%1.43%1.59%1.05%1.28%1.43%1.98%1.52%1.72%1.59%1.45%1.31%

Drawdowns

PMAQX vs. IWR - Drawdown Comparison

The maximum PMAQX drawdown since its inception was -40.56%, smaller than the maximum IWR drawdown of -58.79%. Use the drawdown chart below to compare losses from any high point for PMAQX and IWR. For additional features, visit the drawdowns tool.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-2.25%
-1.90%
PMAQX
IWR

Volatility

PMAQX vs. IWR - Volatility Comparison

Principal MidCap R6 (PMAQX) has a higher volatility of 4.56% compared to iShares Russell Midcap ETF (IWR) at 4.14%. This indicates that PMAQX's price experiences larger fluctuations and is considered to be riskier than IWR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember
4.56%
4.14%
PMAQX
IWR