PMAQX vs. PTDIX
PMAQX (Principal MidCap R6) and PTDIX (Principal LifeTime 2040 Fund) are both mutual funds - PMAQX is a Mid Cap Growth Equities fund managed by Principal, while PTDIX is a Target Retirement Date fund managed by Principal. Over the past 5 years, PMAQX returned 4.40%/yr vs 7.75%/yr for PTDIX. Their correlation of 0.89 means they have usually moved in the same direction. PMAQX charges 0.60%/yr vs 0.01%/yr for PTDIX.
Performance
PMAQX vs. PTDIX - 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 PTDIX's 7.20% 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%
PTDIX
- 1D
- 0.28%
- 1M
- 0.39%
- 6M
- 4.44%
- YTD
- 7.20%
- 1Y
- 15.12%
- 3Y*
- 15.01%
- 5Y*
- 7.75%
- 10Y*
- 10.32%
- ALL TIME*
- 7.31%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
PMAQX Principal MidCap R6 | $0.00 | $0.00 | $0.00 |
| $0.00 | $0.00 | $0.00 |
PMAQX vs. PTDIX - 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% |
PTDIX Principal LifeTime 2040 Fund | 7.20% | 15.59% | 17.43% | 18.33% | -18.13% | 15.35% | 16.04% | 24.91% | -7.95% | 20.69% |
Correlation
The correlation between PMAQX and PTDIX is 0.67, 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. | 0.67 |
Correlation (3Y) Balances recent behavior with more history. | 0.81 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.88 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 2017 | 0.89 |
Over the past year, the correlation between PMAQX and PTDIX has dropped to 0.67 - well below their long-term average of 0.89, suggesting their price drivers have been diverging.
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Return for Risk
PMAQX vs. PTDIX — Risk / Return Rank
PMAQX
PTDIX
PMAQX vs. PTDIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Principal MidCap R6 (PMAQX) and Principal LifeTime 2040 Fund (PTDIX). 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 | PTDIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.93 | ||
| Sortino ratioReturn per unit of downside risk | -2.68 | ||
| Omega ratioGain probability vs. loss probability | 0.92 | 1.24 | -0.33 |
| Calmar ratioReturn relative to maximum drawdown | -0.47 | 1.94 | -2.40 |
| Martin ratioReturn relative to average drawdown | -0.91 | 8.26 | -9.17 |
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Drawdowns
PMAQX vs. PTDIX - Drawdown Comparison
The maximum PMAQX drawdown since its inception was -40.56%, smaller than the maximum PTDIX drawdown of -54.38%. Use the drawdown chart below to compare losses from any high point for PMAQX and PTDIX.
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Drawdown Indicators
| PMAQX | PTDIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.56% | -54.38% | +13.82% |
Max Drawdown (1Y)Largest decline over 1 year | -19.25% | -7.32% | -11.93% |
Max Drawdown (3Y)Largest decline over 3 years | -19.25% | -13.05% | -6.20% |
Max Drawdown (5Y)Largest decline over 5 years | -31.10% | -25.43% | -5.67% |
Max Drawdown (10Y)Largest decline over 10 years | — | -30.02% | — |
Current DrawdownCurrent decline from peak | -10.62% | -0.56% | -10.06% |
Average DrawdownAverage peak-to-trough decline | -6.89% | -7.45% | +0.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.81% | 1.71% | +8.10% |
Volatility
PMAQX vs. PTDIX - Volatility Comparison
Principal MidCap R6 (PMAQX) has a higher volatility of 5.21% compared to Principal LifeTime 2040 Fund (PTDIX) at 2.82%. This indicates that PMAQX's price experiences larger fluctuations and is considered to be riskier than PTDIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PMAQX | PTDIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.21% | 2.82% | +2.39% |
Volatility (6M)Calculated over the trailing 6-month period | 12.03% | 8.76% | +3.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.19% | 10.61% | +4.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.74% | 13.58% | +5.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.43% | 13.78% | +5.65% |
PMAQX vs. PTDIX - Expense Ratio Comparison
PMAQX has a 0.60% expense ratio, which is higher than PTDIX's 0.01% expense ratio.
Dividends
PMAQX vs. PTDIX - Dividend Comparison
PMAQX's dividend yield for the trailing twelve months is around 6.07%, less than PTDIX's 9.14% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PMAQX Principal MidCap R6 | 6.07% | 5.80% | 6.46% | 2.58% | 3.18% | 7.96% | 1.08% | 9.14% | 12.39% | 3.39% | 0.00% | 0.00% |
PTDIX Principal LifeTime 2040 Fund | 9.14% | 9.80% | 12.28% | 4.40% | 8.61% | 8.92% | 6.01% | 7.26% | 9.28% | 6.07% | 4.86% | 6.73% |
Frequently Asked Questions
PMAQX and PTDIX have a correlation of 0.67, 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 PTDIX (2.82%). In terms of maximum drawdown, PMAQX dropped -40.56% vs PTDIX's -54.38%.
PTDIX currently has the higher Sharpe Ratio (1.34 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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