PMBMX vs. FSMDX
Compare and contrast key facts about Principal MidCap Fund (PMBMX) and Fidelity Mid Cap Index Fund (FSMDX).
PMBMX is managed by Principal. It was launched on Dec 6, 2000. FSMDX is managed by Fidelity. It was launched on Sep 8, 2011.
Performance
PMBMX vs. FSMDX - Performance Comparison
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PMBMX vs. FSMDX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PMBMX Principal MidCap Fund | -11.17% | 1.16% | 23.38% | 25.36% | -23.52% | 24.63% | 17.69% | 49.09% | -7.28% | 24.73% |
FSMDX Fidelity Mid Cap Index Fund | 1.30% | 10.58% | 15.55% | 17.20% | -17.27% | 22.56% | 17.13% | 30.53% | -9.38% | 18.04% |
Returns By Period
In the year-to-date period, PMBMX achieves a -11.17% return, which is significantly lower than FSMDX's 1.30% return. Both investments have delivered pretty close results over the past 10 years, with PMBMX having a 11.26% annualized return and FSMDX not far behind at 10.81%.
PMBMX
- 1D
- 2.16%
- 1M
- -7.75%
- YTD
- -11.17%
- 6M
- -13.90%
- 1Y
- -10.17%
- 3Y*
- 9.64%
- 5Y*
- 4.79%
- 10Y*
- 11.26%
FSMDX
- 1D
- 2.63%
- 1M
- -5.55%
- YTD
- 1.30%
- 6M
- 1.49%
- 1Y
- 15.54%
- 3Y*
- 13.39%
- 5Y*
- 6.99%
- 10Y*
- 10.81%
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PMBMX vs. FSMDX - Expense Ratio Comparison
PMBMX has a 1.15% expense ratio, which is higher than FSMDX's 0.03% expense ratio.
Return for Risk
PMBMX vs. FSMDX — Risk / Return Rank
PMBMX
FSMDX
PMBMX vs. FSMDX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Principal MidCap Fund (PMBMX) and Fidelity Mid Cap Index Fund (FSMDX). 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.
| PMBMX | FSMDX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.53 | 0.84 | -1.37 |
Sortino ratioReturn per unit of downside risk | -0.64 | 1.30 | -1.94 |
Omega ratioGain probability vs. loss probability | 0.92 | 1.18 | -0.27 |
Calmar ratioReturn relative to maximum drawdown | -0.53 | 1.23 | -1.76 |
Martin ratioReturn relative to average drawdown | -1.55 | 5.73 | -7.28 |
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
| PMBMX | FSMDX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.53 | 0.84 | -1.37 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.26 | 0.38 | -0.13 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.59 | 0.56 | +0.03 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.56 | 0.66 | -0.10 |
Correlation
The correlation between PMBMX and FSMDX is 0.93, 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
PMBMX vs. FSMDX - Dividend Comparison
PMBMX's dividend yield for the trailing twelve months is around 7.22%, more than FSMDX's 1.09% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PMBMX Principal MidCap Fund | 7.22% | 6.41% | 6.86% | 2.68% | 3.43% | 8.51% | 1.15% | 9.00% | 12.79% | 3.39% | 2.16% | 6.38% |
FSMDX Fidelity Mid Cap Index Fund | 1.09% | 1.10% | 2.46% | 1.39% | 2.07% | 3.35% | 2.34% | 2.86% | 2.21% | 2.17% | 2.23% | 2.84% |
Drawdowns
PMBMX vs. FSMDX - Drawdown Comparison
The maximum PMBMX drawdown since its inception was -50.69%, which is greater than FSMDX's maximum drawdown of -40.35%. Use the drawdown chart below to compare losses from any high point for PMBMX and FSMDX.
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Drawdown Indicators
| PMBMX | FSMDX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.69% | -40.35% | -10.34% |
Max Drawdown (1Y)Largest decline over 1 year | -19.53% | -13.42% | -6.11% |
Max Drawdown (5Y)Largest decline over 5 years | -31.48% | -26.07% | -5.41% |
Max Drawdown (10Y)Largest decline over 10 years | -40.60% | -40.35% | -0.25% |
Current DrawdownCurrent decline from peak | -17.13% | -5.74% | -11.39% |
Average DrawdownAverage peak-to-trough decline | -6.67% | -5.00% | -1.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.65% | 2.89% | +3.76% |
Volatility
PMBMX vs. FSMDX - Volatility Comparison
The current volatility for Principal MidCap Fund (PMBMX) is 5.25%, while Fidelity Mid Cap Index Fund (FSMDX) has a volatility of 5.58%. This indicates that PMBMX experiences smaller price fluctuations and is considered to be less risky than FSMDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PMBMX | FSMDX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.25% | 5.58% | -0.33% |
Volatility (6M)Calculated over the trailing 6-month period | 10.60% | 10.50% | +0.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.40% | 19.10% | -0.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.57% | 18.27% | +0.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.12% | 19.30% | -0.18% |