PMDIX vs. IVV
Compare and contrast key facts about Principal Small-MidCap Dividend Income Fund (PMDIX) and iShares Core S&P 500 ETF (IVV).
PMDIX is managed by Principal. It was launched on Jun 6, 2011. IVV is a passively managed fund by iShares that tracks the performance of the S&P 500 Index. It was launched on May 15, 2000.
Performance
PMDIX vs. IVV - Performance Comparison
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PMDIX vs. IVV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PMDIX Principal Small-MidCap Dividend Income Fund | 1.44% | 8.63% | 14.56% | 18.81% | -11.66% | 30.41% | -6.40% | 25.38% | -13.80% | 13.30% |
IVV iShares Core S&P 500 ETF | -4.38% | 17.85% | 24.93% | 26.31% | -18.16% | 28.76% | 18.40% | 31.07% | -4.49% | 21.75% |
Returns By Period
In the year-to-date period, PMDIX achieves a 1.44% return, which is significantly higher than IVV's -4.38% return. Over the past 10 years, PMDIX has underperformed IVV with an annualized return of 9.40%, while IVV has yielded a comparatively higher 14.02% annualized return.
PMDIX
- 1D
- -0.85%
- 1M
- -8.86%
- YTD
- 1.44%
- 6M
- 2.85%
- 1Y
- 14.22%
- 3Y*
- 13.66%
- 5Y*
- 8.72%
- 10Y*
- 9.40%
IVV
- 1D
- 2.88%
- 1M
- -4.99%
- YTD
- -4.38%
- 6M
- -1.80%
- 1Y
- 17.69%
- 3Y*
- 18.29%
- 5Y*
- 11.76%
- 10Y*
- 14.02%
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PMDIX vs. IVV - Expense Ratio Comparison
PMDIX has a 0.85% expense ratio, which is higher than IVV's 0.03% expense ratio.
Return for Risk
PMDIX vs. IVV — Risk / Return Rank
PMDIX
IVV
PMDIX vs. IVV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Principal Small-MidCap Dividend Income Fund (PMDIX) and iShares Core S&P 500 ETF (IVV). 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.
| PMDIX | IVV | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.73 | 0.97 | -0.24 |
Sortino ratioReturn per unit of downside risk | 1.15 | 1.49 | -0.34 |
Omega ratioGain probability vs. loss probability | 1.16 | 1.23 | -0.06 |
Calmar ratioReturn relative to maximum drawdown | 0.84 | 1.53 | -0.69 |
Martin ratioReturn relative to average drawdown | 3.45 | 7.32 | -3.88 |
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
| PMDIX | IVV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.73 | 0.97 | -0.24 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.47 | 0.70 | -0.23 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.47 | 0.78 | -0.31 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.52 | 0.42 | +0.10 |
Correlation
The correlation between PMDIX and IVV is 0.82, 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
PMDIX vs. IVV - Dividend Comparison
PMDIX's dividend yield for the trailing twelve months is around 3.15%, more than IVV's 1.23% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PMDIX Principal Small-MidCap Dividend Income Fund | 3.15% | 3.14% | 7.99% | 2.37% | 6.95% | 0.98% | 1.37% | 2.82% | 17.83% | 5.77% | 2.84% | 4.78% |
IVV iShares Core S&P 500 ETF | 1.23% | 1.17% | 1.30% | 1.44% | 1.66% | 1.20% | 1.57% | 1.85% | 2.21% | 1.75% | 2.01% | 2.27% |
Drawdowns
PMDIX vs. IVV - Drawdown Comparison
The maximum PMDIX drawdown since its inception was -46.47%, smaller than the maximum IVV drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for PMDIX and IVV.
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Drawdown Indicators
| PMDIX | IVV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -46.47% | -55.25% | +8.78% |
Max Drawdown (1Y)Largest decline over 1 year | -14.51% | -12.06% | -2.45% |
Max Drawdown (5Y)Largest decline over 5 years | -21.36% | -24.53% | +3.17% |
Max Drawdown (10Y)Largest decline over 10 years | -46.47% | -33.90% | -12.57% |
Current DrawdownCurrent decline from peak | -10.55% | -6.26% | -4.29% |
Average DrawdownAverage peak-to-trough decline | -5.33% | -10.85% | +5.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.54% | 2.53% | +1.01% |
Volatility
PMDIX vs. IVV - Volatility Comparison
The current volatility for Principal Small-MidCap Dividend Income Fund (PMDIX) is 4.92%, while iShares Core S&P 500 ETF (IVV) has a volatility of 5.30%. This indicates that PMDIX experiences smaller price fluctuations and is considered to be less risky than IVV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PMDIX | IVV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.92% | 5.30% | -0.38% |
Volatility (6M)Calculated over the trailing 6-month period | 10.82% | 9.45% | +1.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.60% | 18.31% | +2.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.76% | 16.89% | +1.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.22% | 18.04% | +2.18% |