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.
Performance
PMAQX vs. SCHM - Performance Comparison
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PMAQX vs. SCHM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PMAQX Principal MidCap R6 | -11.07% | 1.71% | 23.74% | 26.02% | -23.09% | 25.29% | 18.38% | 49.59% | -6.79% | 24.68% |
SCHM Schwab US Mid-Cap ETF | 4.18% | 10.17% | 11.98% | 16.69% | -17.07% | 19.36% | 15.26% | 27.48% | -8.77% | 19.00% |
Returns By Period
In the year-to-date period, PMAQX achieves a -11.07% return, which is significantly lower than SCHM's 4.18% return.
PMAQX
- 1D
- 2.14%
- 1M
- -7.74%
- YTD
- -11.07%
- 6M
- -13.67%
- 1Y
- -9.69%
- 3Y*
- 10.13%
- 5Y*
- 5.31%
- 10Y*
- —
SCHM
- 1D
- 0.94%
- 1M
- -5.24%
- YTD
- 4.18%
- 6M
- 5.69%
- 1Y
- 20.54%
- 3Y*
- 13.06%
- 5Y*
- 6.01%
- 10Y*
- 10.30%
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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.
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.
| PMAQX | SCHM | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.50 | 0.98 | -1.48 |
Sortino ratioReturn per unit of downside risk | -0.60 | 1.49 | -2.09 |
Omega ratioGain probability vs. loss probability | 0.92 | 1.21 | -0.29 |
Calmar ratioReturn relative to maximum drawdown | -0.51 | 1.49 | -2.00 |
Martin ratioReturn relative to average drawdown | -1.51 | 6.50 | -8.01 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| PMAQX | SCHM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.50 | 0.98 | -1.48 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.29 | 0.31 | -0.02 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.51 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.60 | 0.55 | +0.06 |
Correlation
The correlation between PMAQX and SCHM is 0.89, 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.
Dividends
PMAQX vs. SCHM - Dividend Comparison
PMAQX's dividend yield for the trailing twelve months is around 6.52%, more than SCHM's 1.40% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PMAQX Principal MidCap R6 | 6.52% | 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 | 1.40% | 1.46% | 1.43% | 1.50% | 1.67% | 1.13% | 1.31% | 1.48% | 1.56% | 1.27% | 1.51% | 1.54% |
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.
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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% | -14.16% | -5.09% |
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 | -16.85% | -5.44% | -11.41% |
Average DrawdownAverage peak-to-trough decline | -6.68% | -5.71% | -0.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.51% | 3.24% | +3.27% |
Volatility
PMAQX vs. SCHM - Volatility Comparison
The current volatility for Principal MidCap R6 (PMAQX) is 5.26%, while Schwab US Mid-Cap ETF (SCHM) has a volatility of 6.80%. 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.
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Volatility by Period
| PMAQX | SCHM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.26% | 6.80% | -1.54% |
Volatility (6M)Calculated over the trailing 6-month period | 10.58% | 12.07% | -1.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.38% | 21.15% | -2.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.55% | 19.51% | -0.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.54% | 20.41% | -0.87% |