PMBMX vs. IJH
PMBMX (Principal MidCap Fund) and IJH (iShares Core S&P Mid-Cap ETF) are both funds - PMBMX is a Mid Cap Growth Equities fund managed by Principal, while IJH is a Mid Cap Blend Equities fund tracking the S&P MidCap 400 Index. Over the past 10 years, PMBMX returned 11.23%/yr vs 11.23%/yr for IJH. Their correlation of 0.91 suggests significant overlap in exposure. PMBMX charges 1.15%/yr vs 0.05%/yr for IJH.
Performance
PMBMX vs. IJH - Performance Comparison
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Returns By Period
In the year-to-date period, PMBMX achieves a -8.91% return, which is significantly lower than IJH's 14.60% return. Over a longer period, both investments have demonstrated similar performance, with their 10-year annualized returns being quite close: PMBMX at 11.23% and IJH at 11.23%.
PMBMX
- 1D
- -1.45%
- 1M
- -0.65%
- YTD
- -8.91%
- 6M
- -9.65%
- 1Y
- -10.31%
- 3Y*
- 9.28%
- 5Y*
- 4.29%
- 10Y*
- 11.23%
IJH
- 1D
- 0.44%
- 1M
- 2.99%
- YTD
- 14.60%
- 6M
- 14.27%
- 1Y
- 26.23%
- 3Y*
- 16.69%
- 5Y*
- 8.26%
- 10Y*
- 11.23%
PMBMX vs. IJH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PMBMX Principal MidCap Fund | -8.91% | 1.16% | 23.38% | 25.36% | -23.52% | 24.63% | 17.69% | 49.09% | -7.28% | 24.73% |
IJH iShares Core S&P Mid-Cap ETF | 14.60% | 7.42% | 13.92% | 16.40% | -13.11% | 24.72% | 13.60% | 26.10% | -11.19% | 16.26% |
Correlation
The correlation between PMBMX and IJH is 0.76, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.76 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.83 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.87 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.86 |
Correlation (All Time) Calculated using the full available price history since Dec 7, 2000 | 0.91 |
The correlation between PMBMX and IJH shifts across timeframes, from 0.76 (1 year) to 0.91 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
PMBMX vs. IJH — Risk / Return Rank
PMBMX
IJH
PMBMX vs. IJH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Principal MidCap Fund (PMBMX) and iShares Core S&P Mid-Cap ETF (IJH). 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 | IJH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.43 | ||
| Sortino ratioReturn per unit of downside risk | -3.44 | ||
| Omega ratioGain probability vs. loss probability | 0.89 | 1.30 | -0.41 |
| Calmar ratioReturn relative to maximum drawdown | -0.53 | 2.98 | -3.52 |
| Martin ratioReturn relative to average drawdown | -1.17 | 10.93 | -12.10 |
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 | IJH | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.73 | 1.70 | -2.43 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.23 | 0.42 | -0.19 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.59 | 0.53 | +0.06 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.56 | 0.46 | +0.09 |
Drawdowns
PMBMX vs. IJH - Drawdown Comparison
The maximum PMBMX drawdown since its inception was -50.69%, smaller than the maximum IJH drawdown of -55.07%. Use the drawdown chart below to compare losses from any high point for PMBMX and IJH.
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Drawdown Indicators
| PMBMX | IJH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.69% | -55.07% | +4.38% |
Max Drawdown (1Y)Largest decline over 1 year | -19.53% | -8.83% | -10.70% |
Max Drawdown (3Y)Largest decline over 3 years | -19.53% | -24.10% | +4.57% |
Max Drawdown (5Y)Largest decline over 5 years | -31.48% | -24.10% | -7.38% |
Max Drawdown (10Y)Largest decline over 10 years | -40.60% | -42.18% | +1.58% |
Current DrawdownCurrent decline from peak | -15.01% | 0.00% | -15.01% |
Average DrawdownAverage peak-to-trough decline | -6.73% | -7.57% | +0.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.88% | 2.41% | +6.47% |
Volatility
PMBMX vs. IJH - Volatility Comparison
Principal MidCap Fund (PMBMX) and iShares Core S&P Mid-Cap ETF (IJH) have volatilities of 4.20% and 4.24%, 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.
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Volatility by Period
| PMBMX | IJH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.20% | 4.24% | -0.04% |
Volatility (6M)Calculated over the trailing 6-month period | 11.24% | 11.31% | -0.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.31% | 15.50% | -1.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.66% | 19.74% | -1.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.18% | 21.17% | -1.99% |
PMBMX vs. IJH - Expense Ratio Comparison
PMBMX has a 1.15% expense ratio, which is higher than IJH's 0.05% expense ratio.
Dividends
PMBMX vs. IJH - Dividend Comparison
PMBMX's dividend yield for the trailing twelve months is around 7.04%, more than IJH's 1.18% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IJH iShares Core S&P Mid-Cap ETF | 1.18% | 1.36% | 1.33% | 1.46% | 1.68% | 1.18% | 1.28% | 1.63% | 1.72% | 1.19% | 1.60% | 1.56% |
PMBMX Principal MidCap Fund | 7.04% | 6.41% | 6.86% | 2.68% | 3.43% | 8.51% | 1.15% | 9.00% | 12.79% | 3.39% | 2.16% | 6.38% |
Frequently Asked Questions
PMBMX and IJH have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IJH has higher volatility (4.24%) compared to PMBMX (4.20%). In terms of maximum drawdown, PMBMX dropped -50.69% vs IJH's -55.07%.
IJH currently has the higher Sharpe Ratio (1.70 vs -0.73), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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