PMAQX vs. SCHM
PMAQX (Principal MidCap R6) and SCHM (Schwab US Mid-Cap ETF) are both funds - PMAQX is a Mid Cap Growth Equities fund managed by Principal, while SCHM is a Mid Cap Blend Equities fund tracking the Dow Jones US Total Stock Market Mid-Cap. Over the past 5 years, PMAQX returned 4.56%/yr vs 7.49%/yr for SCHM. Their correlation of 0.87 means they have usually moved in the same direction. PMAQX charges 0.60%/yr vs 0.04%/yr for SCHM.
Performance
PMAQX vs. SCHM - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PMAQX achieves a -3.68% return, which is significantly lower than SCHM's 16.02% return.
PMAQX
- 1D
- -1.38%
- 1M
- -0.58%
- 6M
- -3.05%
- YTD
- -3.68%
- 1Y
- -7.25%
- 3Y*
- 9.39%
- 5Y*
- 4.56%
- 10Y*
- —
- ALL TIME*
- 12.28%
SCHM
- 1D
- -0.26%
- 1M
- -3.53%
- 6M
- 10.34%
- YTD
- 16.02%
- 1Y
- 25.02%
- 3Y*
- 13.82%
- 5Y*
- 7.49%
- 10Y*
- 10.84%
- ALL TIME*
- 11.17%
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 |
| $34.02M | $31.86M | $37.33M |
PMAQX vs. SCHM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PMAQX Principal MidCap R6 | -3.68% | 1.71% | 23.74% | 26.02% | -23.09% | 25.29% | 18.38% | 49.59% | -6.79% | 24.68% |
SCHM Schwab US Mid-Cap ETF | 16.02% | 10.17% | 11.98% | 16.69% | -17.07% | 19.36% | 15.26% | 27.48% | -8.77% | 19.60% |
Correlation
The correlation between PMAQX and SCHM is 0.63, 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. | 0.63 |
Correlation (3Y) Balances recent behavior with more history. | 0.79 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.86 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 2017 | 0.87 |
Over the past year, the correlation between PMAQX and SCHM has dropped to 0.63 - well below their long-term average of 0.87, suggesting their price drivers have been diverging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
PMAQX vs. SCHM — Risk / Return Rank
PMAQX
SCHM
PMAQX vs. SCHM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Principal MidCap R6 (PMAQX) and Schwab US Mid-Cap ETF (SCHM). 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 | SCHM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.00 | ||
| Sortino ratioReturn per unit of downside risk | -2.84 | ||
| Omega ratioGain probability vs. loss probability | 0.91 | 1.25 | -0.33 |
| Calmar ratioReturn relative to maximum drawdown | -0.48 | 2.49 | -2.97 |
| Martin ratioReturn relative to average drawdown | -0.94 | 8.79 | -9.73 |
Loading charts...
Drawdowns
PMAQX vs. SCHM - Drawdown Comparison
The maximum PMAQX drawdown since its inception was -40.56%, roughly equal to the maximum SCHM drawdown of -42.43%. Use the drawdown chart below to compare losses from any high point for PMAQX and SCHM.
Loading charts...
Drawdown Indicators
| PMAQX | SCHM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.56% | -42.43% | +1.87% |
Max Drawdown (1Y)Largest decline over 1 year | -19.25% | -9.32% | -9.93% |
Max Drawdown (3Y)Largest decline over 3 years | -19.25% | -23.27% | +4.02% |
Max Drawdown (5Y)Largest decline over 5 years | -31.10% | -26.46% | -4.64% |
Max Drawdown (10Y)Largest decline over 10 years | — | -42.43% | — |
Current DrawdownCurrent decline from peak | -9.95% | -5.89% | -4.06% |
Average DrawdownAverage peak-to-trough decline | -6.89% | -5.63% | -1.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.79% | 2.64% | +7.15% |
Volatility
PMAQX vs. SCHM - Volatility Comparison
Principal MidCap R6 (PMAQX) has a higher volatility of 5.19% compared to Schwab US Mid-Cap ETF (SCHM) at 4.50%. This indicates that PMAQX's price experiences larger fluctuations and is considered to be riskier than SCHM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| PMAQX | SCHM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.19% | 4.50% | +0.69% |
Volatility (6M)Calculated over the trailing 6-month period | 12.03% | 13.07% | -1.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.17% | 16.71% | -1.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.75% | 19.68% | -0.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.43% | 20.49% | -1.06% |
PMAQX vs. SCHM - Expense Ratio Comparison
PMAQX has a 0.60% expense ratio, which is higher than SCHM's 0.04% expense ratio.
Dividends
PMAQX vs. SCHM - Dividend Comparison
PMAQX's dividend yield for the trailing twelve months is around 6.02%, more than SCHM's 1.27% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PMAQX Principal MidCap R6 | 6.02% | 5.80% | 6.46% | 2.58% | 3.18% | 7.96% | 1.08% | 9.14% | 12.39% | 3.39% | 0.00% | 0.00% |
SCHM Schwab US Mid-Cap ETF | 1.27% | 1.46% | 1.43% | 1.50% | 1.67% | 1.13% | 1.31% | 1.48% | 1.56% | 1.27% | 1.51% | 1.54% |
Frequently Asked Questions
PMAQX and SCHM have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PMAQX has higher volatility (5.19%) compared to SCHM (4.50%). In terms of maximum drawdown, PMAQX dropped -40.56% vs SCHM's -42.43%.
SCHM currently has the higher Sharpe Ratio (1.39 vs -0.60), 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.
Find the right allocation for PMAQX and SCHM
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer