PMAQX vs. SCHM
Compare and contrast key facts about Principal MidCap R6 (PMAQX) and Schwab US Mid-Cap ETF (SCHM).
PMAQX is managed by Principal Funds. It was launched on Nov 22, 2016. SCHM is a passively managed fund by Charles Schwab that tracks the performance of the Dow Jones US Total Stock Market Mid-Cap. It was launched on Jan 13, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PMAQX or SCHM.
Correlation
The correlation between PMAQX and SCHM is 0.90, 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. SCHM - Performance Comparison
Key characteristics
PMAQX:
1.34
SCHM:
0.93
PMAQX:
1.81
SCHM:
1.34
PMAQX:
1.24
SCHM:
1.17
PMAQX:
1.01
SCHM:
1.69
PMAQX:
6.83
SCHM:
4.50
PMAQX:
2.81%
SCHM:
3.07%
PMAQX:
14.36%
SCHM:
14.92%
PMAQX:
-40.56%
SCHM:
-42.43%
PMAQX:
-8.14%
SCHM:
-5.97%
Returns By Period
In the year-to-date period, PMAQX achieves a 18.99% return, which is significantly higher than SCHM's 14.60% return.
PMAQX
18.99%
-8.14%
10.06%
18.89%
8.15%
N/A
SCHM
14.60%
-5.65%
9.71%
13.80%
10.47%
10.67%
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PMAQX vs. SCHM - Expense Ratio Comparison
PMAQX has a 0.60% expense ratio, which is higher than SCHM's 0.04% expense ratio.
Risk-Adjusted Performance
PMAQX vs. SCHM - Risk-Adjusted Performance 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.
Dividends
PMAQX vs. SCHM - Dividend Comparison
PMAQX has not paid dividends to shareholders, while SCHM's dividend yield for the trailing twelve months is around 3.38%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PMAQX Principal MidCap R6 | 0.00% | 0.11% | 0.00% | 0.00% | 0.00% | 0.58% | 0.20% | 0.13% | 2.56% | 0.00% | 0.00% | 0.00% |
SCHM Schwab US Mid-Cap ETF | 3.38% | 2.98% | 2.20% | 1.83% | 1.47% | 2.66% | 2.93% | 3.82% | 2.55% | 3.74% | 2.24% | 1.82% |
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. For additional features, visit the drawdowns tool.
Volatility
PMAQX vs. SCHM - Volatility Comparison
Principal MidCap R6 (PMAQX) has a higher volatility of 5.46% compared to Schwab US Mid-Cap ETF (SCHM) at 4.41%. 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.