PMAQX vs. MXMGX
PMAQX (Principal MidCap R6) and MXMGX (Great-West T. Rowe Price Mid Cap Growth Fund) are both Mid Cap Growth Equities funds. Over the past 5 years, PMAQX returned 4.40%/yr vs 1.67%/yr for MXMGX. Their correlation of 0.85 means they have usually moved in the same direction. PMAQX charges 0.60%/yr vs 1.02%/yr for MXMGX.
Performance
PMAQX vs. MXMGX - Performance Comparison
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Returns By Period
In the year-to-date period, PMAQX achieves a -4.40% return, which is significantly lower than MXMGX's 2.07% return.
PMAQX
- 1D
- -0.75%
- 1M
- -1.32%
- 6M
- -4.05%
- YTD
- -4.40%
- 1Y
- -7.95%
- 3Y*
- 9.14%
- 5Y*
- 4.40%
- 10Y*
- —
- ALL TIME*
- 12.19%
MXMGX
- 1D
- -0.31%
- 1M
- -2.04%
- 6M
- 1.09%
- YTD
- 2.07%
- 1Y
- 3.63%
- 3Y*
- 5.59%
- 5Y*
- 1.67%
- 10Y*
- 8.76%
- ALL TIME*
- 5.88%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
PMAQX Principal MidCap R6 | $0.00 | $0.00 | $0.00 |
PMAQX vs. MXMGX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PMAQX Principal MidCap R6 | -4.40% | 1.71% | 23.74% | 26.02% | -23.09% | 25.29% | 18.38% | 49.59% | -6.79% | 24.68% |
MXMGX Great-West T. Rowe Price Mid Cap Growth Fund | 2.07% | 2.99% | 9.02% | 19.61% | -22.82% | 15.25% | 23.65% | 31.28% | -2.80% | 23.89% |
Correlation
The correlation between PMAQX and MXMGX is 0.76, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.76 |
Correlation (3Y) Balances recent behavior with more history. | 0.76 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.83 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 2017 | 0.85 |
The correlation between PMAQX and MXMGX has been stable across timeframes, ranging from 0.76 to 0.85 - a consistent structural relationship.
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Return for Risk
PMAQX vs. MXMGX — Risk / Return Rank
PMAQX
MXMGX
PMAQX vs. MXMGX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Principal MidCap R6 (PMAQX) and Great-West T. Rowe Price Mid Cap Growth Fund (MXMGX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PMAQX | MXMGX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.86 | ||
| Sortino ratioReturn per unit of downside risk | -1.26 | ||
| Omega ratioGain probability vs. loss probability | 0.92 | 1.06 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | -0.47 | 0.36 | -0.83 |
| Martin ratioReturn relative to average drawdown | -0.91 | 1.19 | -2.10 |
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Drawdowns
PMAQX vs. MXMGX - Drawdown Comparison
The maximum PMAQX drawdown since its inception was -40.56%, smaller than the maximum MXMGX drawdown of -60.97%. Use the drawdown chart below to compare losses from any high point for PMAQX and MXMGX.
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Drawdown Indicators
| PMAQX | MXMGX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.56% | -60.97% | +20.41% |
Max Drawdown (1Y)Largest decline over 1 year | -19.25% | -10.29% | -8.96% |
Max Drawdown (3Y)Largest decline over 3 years | -19.25% | -23.17% | +3.92% |
Max Drawdown (5Y)Largest decline over 5 years | -31.10% | -32.33% | +1.23% |
Max Drawdown (10Y)Largest decline over 10 years | — | -35.88% | — |
Current DrawdownCurrent decline from peak | -10.62% | -2.46% | -8.16% |
Average DrawdownAverage peak-to-trough decline | -6.89% | -11.74% | +4.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.81% | 3.09% | +6.72% |
Volatility
PMAQX vs. MXMGX - Volatility Comparison
Principal MidCap R6 (PMAQX) has a higher volatility of 5.21% compared to Great-West T. Rowe Price Mid Cap Growth Fund (MXMGX) at 2.53%. This indicates that PMAQX's price experiences larger fluctuations and is considered to be riskier than MXMGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PMAQX | MXMGX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.21% | 2.53% | +2.68% |
Volatility (6M)Calculated over the trailing 6-month period | 12.03% | 10.52% | +1.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.19% | 13.59% | +1.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.74% | 19.04% | -0.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.43% | 18.89% | +0.54% |
PMAQX vs. MXMGX - Expense Ratio Comparison
PMAQX has a 0.60% expense ratio, which is lower than MXMGX's 1.02% expense ratio.
Dividends
PMAQX vs. MXMGX - Dividend Comparison
PMAQX's dividend yield for the trailing twelve months is around 6.07%, more than MXMGX's 1.65% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
MXMGX Great-West T. Rowe Price Mid Cap Growth Fund | 1.65% | 1.68% | 3.66% | 2.39% | 2.66% | 4.92% | 2.74% | 2.19% | 6.13% | 4.53% |
PMAQX Principal MidCap R6 | 6.07% | 5.80% | 6.46% | 2.58% | 3.18% | 7.96% | 1.08% | 9.14% | 12.39% | 3.39% |
Frequently Asked Questions
PMAQX and MXMGX have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PMAQX has higher volatility (5.21%) compared to MXMGX (2.53%). In terms of maximum drawdown, PMAQX dropped -40.56% vs MXMGX's -60.97%.
MXMGX currently has the higher Sharpe Ratio (0.27 vs -0.59), 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.
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