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

Performance

PMAQX vs. SCHM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Principal MidCap R6 (PMAQX) and Schwab US Mid-Cap ETF (SCHM). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
13.19%
9.13%
PMAQX
SCHM

Returns By Period

In the year-to-date period, PMAQX achieves a 24.28% return, which is significantly higher than SCHM's 16.07% return.


PMAQX

YTD

24.28%

1M

1.77%

6M

13.18%

1Y

29.17%

5Y (annualized)

8.87%

10Y (annualized)

N/A

SCHM

YTD

16.07%

1M

2.93%

6M

9.13%

1Y

28.47%

5Y (annualized)

10.75%

10Y (annualized)

10.74%

Key characteristics


PMAQXSCHM
Sharpe Ratio2.171.85
Sortino Ratio2.902.58
Omega Ratio1.371.32
Calmar Ratio1.512.04
Martin Ratio12.729.70
Ulcer Index2.30%2.87%
Daily Std Dev13.46%15.01%
Max Drawdown-40.56%-42.43%
Current Drawdown-1.71%-2.17%

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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.


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 SCHM: current value at 0.04% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.04%

Correlation

-0.50.00.51.00.9

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.

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.


Sharpe ratio
The chart of Sharpe ratio for PMAQX, currently valued at 2.17, compared to the broader market-1.000.001.002.003.004.005.002.171.85
The chart of Sortino ratio for PMAQX, currently valued at 2.90, compared to the broader market0.005.0010.002.902.58
The chart of Omega ratio for PMAQX, currently valued at 1.37, compared to the broader market1.002.003.004.001.371.32
The chart of Calmar ratio for PMAQX, currently valued at 1.51, compared to the broader market0.005.0010.0015.0020.0025.001.512.04
The chart of Martin ratio for PMAQX, currently valued at 12.71, compared to the broader market0.0020.0040.0060.0080.00100.0012.729.70
PMAQX
SCHM

The current PMAQX Sharpe Ratio is 2.17, which is comparable to the SCHM Sharpe Ratio of 1.85. The chart below compares the historical Sharpe Ratios of PMAQX and SCHM, 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 Ratio0.501.001.502.002.503.00JuneJulyAugustSeptemberOctoberNovember
2.17
1.85
PMAQX
SCHM

Dividends

PMAQX vs. SCHM - Dividend Comparison

PMAQX's dividend yield for the trailing twelve months is around 0.09%, less than SCHM's 2.88% 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%
SCHM
Schwab US Mid-Cap ETF
2.88%3.82%5.01%2.49%2.27%3.04%3.89%3.30%1.94%3.82%4.45%3.82%

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.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-1.71%
-2.17%
PMAQX
SCHM

Volatility

PMAQX vs. SCHM - Volatility Comparison

The current volatility for Principal MidCap R6 (PMAQX) is 4.45%, while Schwab US Mid-Cap ETF (SCHM) has a volatility of 4.89%. This indicates that PMAQX experiences smaller price fluctuations and is considered to be less risky than SCHM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


3.00%4.00%5.00%6.00%7.00%JuneJulyAugustSeptemberOctoberNovember
4.45%
4.89%
PMAQX
SCHM