PMAQX vs. SDVY

Last updated Apr 2, 2026

Compare and contrast key facts about Principal MidCap R6 (PMAQX) and First Trust SMID Cap Rising Dividend Achievers ETF (SDVY).

PMAQX is managed by Principal Funds. It was launched on Nov 22, 2016. SDVY is a passively managed fund by First Trust that tracks the performance of the NASDAQ US Small Mid Cap Rising Dividend Achievers™ Index. It was launched on Nov 1, 2017.

Performance

PMAQX vs. SDVY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Principal MidCap R6 (PMAQX) and First Trust SMID Cap Rising Dividend Achievers ETF (SDVY). The values are adjusted to include any dividend payments, if applicable.

PMAQX vs. SDVY - 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%	2.39%
SDVY First Trust SMID Cap Rising Dividend Achievers ETF	3.99%	8.83%	11.19%	28.58%	-11.98%	29.13%	11.72%	25.62%	-15.26%	5.78%

Returns By Period

In the year-to-date period, PMAQX achieves a -11.07% return, which is significantly lower than SDVY's 3.99% return.

PMAQX

• 1D: 2.14%
• 1M: -7.74%
• YTD: -11.07%
• 6M: -13.67%
• 1Y: -9.69%
• 3Y*: 10.13%
• 5Y*: 5.31%
• 10Y*: —

SDVY

• 1D: 0.81%
• 1M: -5.42%
• YTD: 3.99%
• 6M: 5.35%
• 1Y: 19.48%
• 3Y*: 16.30%
• 5Y*: 8.64%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

PMAQX vs. SDVY - Expense Ratio Comparison

Both PMAQX and SDVY have an expense ratio of 0.60%.

PMAQX

Principal MidCap R6

SDVY

First Trust SMID Cap Rising Dividend Achievers ETF

Return for Risk

PMAQX vs. SDVY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PMAQX

PMAQX Risk / Return Rank: 1
PMAQX Sharpe Ratio Rank: 1
PMAQX Sortino Ratio Rank: 1
PMAQX Omega Ratio Rank: 1
PMAQX Calmar Ratio Rank: 1
PMAQX Martin Ratio Rank: 1

SDVY

SDVY Risk / Return Rank: 54
SDVY Sharpe Ratio Rank: 51
SDVY Sortino Ratio Rank: 54
SDVY Omega Ratio Rank: 51
SDVY Calmar Ratio Rank: 55
SDVY Martin Ratio Rank: 57

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PMAQX vs. SDVY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Principal MidCap R6 (PMAQX) and First Trust SMID Cap Rising Dividend Achievers ETF (SDVY). 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	SDVY	Difference
Sharpe ratio Return per unit of total volatility	-0.50	0.96	-1.46
Sortino ratio Return per unit of downside risk	-0.60	1.48	-2.08
Omega ratio Gain probability vs. loss probability	0.92	1.20	-0.28
Calmar ratio Return relative to maximum drawdown	-0.51	1.50	-2.01
Martin ratio Return relative to average drawdown	-1.51	5.91	-7.42
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PMAQX vs. SDVY - Sharpe Ratio Comparison

The current PMAQX Sharpe Ratio is -0.50, which is lower than the SDVY Sharpe Ratio of 0.96. The chart below compares the historical Sharpe Ratios of PMAQX and SDVY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	PMAQX	SDVY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.50	0.96	-1.46
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.29	0.41	-0.12
Sharpe Ratio (All Time) Calculated using the full available price history	0.60	0.42	+0.18

Correlation

The correlation between PMAQX and SDVY is 0.73, 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. SDVY - Dividend Comparison

PMAQX's dividend yield for the trailing twelve months is around 6.52%, more than SDVY's 1.25% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
PMAQX Principal MidCap R6	6.52%	5.80%	6.46%	2.58%	3.18%	7.96%	1.08%	9.14%	12.39%	3.39%
SDVY First Trust SMID Cap Rising Dividend Achievers ETF	1.25%	1.69%	1.60%	1.90%	2.28%	1.09%	1.48%	1.69%	1.57%	0.29%

Drawdowns

PMAQX vs. SDVY - Drawdown Comparison

The maximum PMAQX drawdown since its inception was -40.56%, smaller than the maximum SDVY drawdown of -44.70%. Use the drawdown chart below to compare losses from any high point for PMAQX and SDVY.

Drawdown Indicators

	PMAQX	SDVY	Difference
Max Drawdown Largest peak-to-trough decline	-40.56%	-44.70%	+4.14%
Max Drawdown (1Y) Largest decline over 1 year	-19.25%	-13.48%	-5.77%
Max Drawdown (5Y) Largest decline over 5 years	-31.10%	-25.92%	-5.18%
Current Drawdown Current decline from peak	-16.85%	-6.31%	-10.54%
Average Drawdown Average peak-to-trough decline	-6.68%	-7.83%	+1.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.51%	3.42%	+3.09%

Volatility

PMAQX vs. SDVY - Volatility Comparison

Principal MidCap R6 (PMAQX) and First Trust SMID Cap Rising Dividend Achievers ETF (SDVY) have volatilities of 5.26% and 5.31%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PMAQX	SDVY	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.26%	5.31%	-0.05%
Volatility (6M) Calculated over the trailing 6-month period	10.58%	11.05%	-0.47%
Volatility (1Y) Calculated over the trailing 1-year period	18.38%	20.42%	-2.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.55%	21.11%	-2.56%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.54%	24.98%	-5.44%