PMAQX vs. SPMD
Compare and contrast key facts about Principal MidCap R6 (PMAQX) and SPDR Portfolio S&P 400 Mid Cap ETF (SPMD).
PMAQX is managed by Principal Funds. It was launched on Nov 22, 2016. SPMD is a passively managed fund by State Street that tracks the performance of the S&P MidCap 400 Index. It was launched on Nov 8, 2005.
Performance
PMAQX vs. SPMD - Performance Comparison
Loading graphics...
PMAQX vs. SPMD - 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% |
SPMD SPDR Portfolio S&P 400 Mid Cap ETF | 3.40% | 7.44% | 13.91% | 16.48% | -13.13% | 24.76% | 13.46% | 25.19% | -10.34% | 14.84% |
Returns By Period
In the year-to-date period, PMAQX achieves a -11.07% return, which is significantly lower than SPMD's 3.40% return.
PMAQX
- 1D
- 2.14%
- 1M
- -7.74%
- YTD
- -11.07%
- 6M
- -13.67%
- 1Y
- -9.69%
- 3Y*
- 10.13%
- 5Y*
- 5.31%
- 10Y*
- —
SPMD
- 1D
- 0.79%
- 1M
- -5.34%
- YTD
- 3.40%
- 6M
- 4.73%
- 1Y
- 17.66%
- 3Y*
- 12.40%
- 5Y*
- 6.76%
- 10Y*
- 10.82%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PMAQX vs. SPMD - Expense Ratio Comparison
PMAQX has a 0.60% expense ratio, which is higher than SPMD's 0.05% expense ratio.
Return for Risk
PMAQX vs. SPMD — Risk / Return Rank
PMAQX
SPMD
PMAQX vs. SPMD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Principal MidCap R6 (PMAQX) and SPDR Portfolio S&P 400 Mid Cap ETF (SPMD). 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 | SPMD | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.50 | 0.84 | -1.34 |
Sortino ratioReturn per unit of downside risk | -0.60 | 1.32 | -1.92 |
Omega ratioGain probability vs. loss probability | 0.92 | 1.18 | -0.26 |
Calmar ratioReturn relative to maximum drawdown | -0.51 | 1.30 | -1.81 |
Martin ratioReturn relative to average drawdown | -1.51 | 5.57 | -7.08 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| PMAQX | SPMD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.50 | 0.84 | -1.34 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.29 | 0.34 | -0.06 |
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 | 0.43 | +0.17 |
Correlation
The correlation between PMAQX and SPMD is 0.85, 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. SPMD - Dividend Comparison
PMAQX's dividend yield for the trailing twelve months is around 6.52%, more than SPMD's 1.36% 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% |
SPMD SPDR Portfolio S&P 400 Mid Cap ETF | 1.36% | 1.39% | 1.42% | 1.47% | 1.64% | 1.24% | 1.30% | 1.57% | 1.85% | 1.97% | 2.13% | 5.33% |
Drawdowns
PMAQX vs. SPMD - Drawdown Comparison
The maximum PMAQX drawdown since its inception was -40.56%, smaller than the maximum SPMD drawdown of -57.62%. Use the drawdown chart below to compare losses from any high point for PMAQX and SPMD.
Loading graphics...
Drawdown Indicators
| PMAQX | SPMD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.56% | -57.62% | +17.06% |
Max Drawdown (1Y)Largest decline over 1 year | -19.25% | -14.12% | -5.13% |
Max Drawdown (5Y)Largest decline over 5 years | -31.10% | -24.08% | -7.02% |
Max Drawdown (10Y)Largest decline over 10 years | — | -41.86% | — |
Current DrawdownCurrent decline from peak | -16.85% | -5.39% | -11.46% |
Average DrawdownAverage peak-to-trough decline | -6.68% | -8.18% | +1.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.51% | 3.29% | +3.22% |
Volatility
PMAQX vs. SPMD - Volatility Comparison
The current volatility for Principal MidCap R6 (PMAQX) is 5.26%, while SPDR Portfolio S&P 400 Mid Cap ETF (SPMD) has a volatility of 6.47%. This indicates that PMAQX experiences smaller price fluctuations and is considered to be less risky than SPMD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| PMAQX | SPMD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.26% | 6.47% | -1.21% |
Volatility (6M)Calculated over the trailing 6-month period | 10.58% | 11.97% | -1.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.38% | 21.13% | -2.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.55% | 19.70% | -1.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.54% | 21.17% | -1.63% |