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.
Key characteristics
| PMAQX | SCHM | |
|---|---|---|
| YTD Return | 25.98% | 17.40% |
| 1Y Return | 35.11% | 35.14% |
| 3Y Return (Ann) | 2.14% | 3.99% |
| 5Y Return (Ann) | 9.22% | 11.01% |
| Sharpe Ratio | 2.59 | 2.27 |
| Sortino Ratio | 3.45 | 3.16 |
| Omega Ratio | 1.45 | 1.40 |
| Calmar Ratio | 1.61 | 2.06 |
| Martin Ratio | 15.40 | 12.32 |
| Ulcer Index | 2.28% | 2.84% |
| Daily Std Dev | 13.57% | 15.40% |
| Max Drawdown | -40.56% | -42.43% |
| Current Drawdown | -0.37% | -1.05% |
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
In the year-to-date period, PMAQX achieves a 25.98% return, which is significantly higher than SCHM's 17.40% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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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's dividend yield for the trailing twelve months is around 0.09%, less than SCHM's 1.93% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | 1.93% | 2.82% | 2.20% | 1.87% | 2.10% | 3.04% | 4.13% | 2.68% | 1.94% | 2.20% | 2.32% | 3.27% |
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
The current volatility for Principal MidCap R6 (PMAQX) is 4.25%, while Schwab US Mid-Cap ETF (SCHM) has a volatility of 4.80%. 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.