PMBMX vs. MGOYX
PMBMX (Principal MidCap Fund) and MGOYX (Victory Munder Mid-Cap Core Growth Fund) are both Mid Cap Growth Equities funds. Over the past 10 years, PMBMX returned 11.86%/yr vs 11.67%/yr for MGOYX. Their correlation of 0.92 suggests significant overlap in exposure. PMBMX charges 1.15%/yr vs 0.98%/yr for MGOYX.
Performance
PMBMX vs. MGOYX - Performance Comparison
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Returns By Period
In the year-to-date period, PMBMX achieves a -6.62% return, which is significantly lower than MGOYX's 21.25% return. Both investments have delivered pretty close results over the past 10 years, with PMBMX having a 11.86% annualized return and MGOYX not far behind at 11.67%.
PMBMX
- 1D
- 0.75%
- 1M
- 2.57%
- YTD
- -6.62%
- 6M
- -8.15%
- 1Y
- -8.56%
- 3Y*
- 9.44%
- 5Y*
- 4.11%
- 10Y*
- 11.86%
MGOYX
- 1D
- 0.28%
- 1M
- 1.54%
- YTD
- 21.25%
- 6M
- 19.16%
- 1Y
- 29.44%
- 3Y*
- 18.64%
- 5Y*
- 8.31%
- 10Y*
- 11.67%
PMBMX vs. MGOYX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PMBMX Principal MidCap Fund | -6.62% | 1.16% | 23.38% | 25.36% | -23.52% | 24.63% | 17.69% | 49.09% | -7.28% | 24.73% |
MGOYX Victory Munder Mid-Cap Core Growth Fund | 21.25% | 12.03% | 10.93% | 14.82% | -21.31% | 25.97% | 20.61% | 26.22% | -14.19% | 24.55% |
Correlation
The correlation between PMBMX and MGOYX is 0.68, 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 | 0.68 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.81 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.88 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.89 |
Correlation (All Time) Calculated using the full available price history since Dec 6, 2000 | 0.92 |
Over the past year, the correlation between PMBMX and MGOYX has dropped to 0.68 - well below their long-term average of 0.92, suggesting their price drivers have been diverging.
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Return for Risk
PMBMX vs. MGOYX — Risk / Return Rank
PMBMX
MGOYX
PMBMX vs. MGOYX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Principal MidCap Fund (PMBMX) and Victory Munder Mid-Cap Core Growth Fund (MGOYX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PMBMX | MGOYX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.63 | ||
| Sortino ratioReturn per unit of downside risk | -3.66 | ||
| Omega ratioGain probability vs. loss probability | 0.91 | 1.35 | -0.44 |
| Calmar ratioReturn relative to maximum drawdown | -0.49 | 3.70 | -4.19 |
| Martin ratioReturn relative to average drawdown | -1.02 | 14.08 | -15.10 |
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Drawdowns
PMBMX vs. MGOYX - Drawdown Comparison
The maximum PMBMX drawdown since its inception was -50.69%, smaller than the maximum MGOYX drawdown of -57.23%. Use the drawdown chart below to compare losses from any high point for PMBMX and MGOYX.
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Drawdown Indicators
| PMBMX | MGOYX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.69% | -57.23% | +6.54% |
Max Drawdown (1Y)Largest decline over 1 year | -19.53% | -7.81% | -11.72% |
Max Drawdown (3Y)Largest decline over 3 years | -19.53% | -26.05% | +6.52% |
Max Drawdown (5Y)Largest decline over 5 years | -31.48% | -40.49% | +9.01% |
Max Drawdown (10Y)Largest decline over 10 years | -40.60% | -40.49% | -0.11% |
Current DrawdownCurrent decline from peak | -12.87% | -1.29% | -11.58% |
Average DrawdownAverage peak-to-trough decline | -6.74% | -10.94% | +4.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.42% | 2.05% | +7.37% |
Volatility
PMBMX vs. MGOYX - Volatility Comparison
The current volatility for Principal MidCap Fund (PMBMX) is 4.46%, while Victory Munder Mid-Cap Core Growth Fund (MGOYX) has a volatility of 5.41%. This indicates that PMBMX experiences smaller price fluctuations and is considered to be less risky than MGOYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PMBMX | MGOYX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.46% | 5.41% | -0.95% |
Volatility (6M)Calculated over the trailing 6-month period | 11.69% | 11.85% | -0.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.64% | 14.66% | -0.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.71% | 25.14% | -6.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.16% | 23.26% | -4.10% |
PMBMX vs. MGOYX - Expense Ratio Comparison
PMBMX has a 1.15% expense ratio, which is higher than MGOYX's 0.98% expense ratio.
Dividends
PMBMX vs. MGOYX - Dividend Comparison
PMBMX's dividend yield for the trailing twelve months is around 6.86%, less than MGOYX's 12.68% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MGOYX Victory Munder Mid-Cap Core Growth Fund | 12.68% | 15.37% | 15.72% | 4.54% | 12.23% | 25.13% | 18.63% | 60.72% | 49.01% | 19.34% | 12.76% | 10.52% |
PMBMX Principal MidCap Fund | 6.86% | 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 MGOYX have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MGOYX has higher volatility (5.41%) compared to PMBMX (4.46%). In terms of maximum drawdown, PMBMX dropped -50.69% vs MGOYX's -57.23%.
MGOYX currently has the higher Sharpe Ratio (1.97 vs -0.66), 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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