PMBMX vs. ^GSPC
Compare and contrast key facts about Principal MidCap Fund (PMBMX) and S&P 500 (^GSPC).
PMBMX is managed by Principal. It was launched on Dec 6, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PMBMX or ^GSPC.
Key characteristics
| PMBMX | ^GSPC | |
|---|---|---|
| YTD Return | 18.11% | 19.55% |
| 1Y Return | 33.79% | 31.70% |
| 3Y Return (Ann) | 7.02% | 9.44% |
| 5Y Return (Ann) | 11.84% | 13.79% |
| 10Y Return (Ann) | 12.42% | 11.17% |
| Sharpe Ratio | 2.09 | 2.32 |
| Daily Std Dev | 14.50% | 12.75% |
| Max Drawdown | -50.69% | -56.78% |
| Current Drawdown | -0.33% | -0.19% |
Correlation
The correlation between PMBMX and ^GSPC is 0.91, 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.
Performance
PMBMX vs. ^GSPC - Performance Comparison
In the year-to-date period, PMBMX achieves a 18.11% return, which is significantly lower than ^GSPC's 19.55% return. Over the past 10 years, PMBMX has outperformed ^GSPC with an annualized return of 12.42%, while ^GSPC has yielded a comparatively lower 11.17% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
PMBMX vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Principal MidCap Fund (PMBMX) and S&P 500 (^GSPC). 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.
Drawdowns
PMBMX vs. ^GSPC - Drawdown Comparison
The maximum PMBMX drawdown since its inception was -50.69%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for PMBMX and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
PMBMX vs. ^GSPC - Volatility Comparison
The current volatility for Principal MidCap Fund (PMBMX) is 3.82%, while S&P 500 (^GSPC) has a volatility of 4.31%. This indicates that PMBMX experiences smaller price fluctuations and is considered to be less risky than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.