PMDIX vs. PBCKX

Last updated Aug 1, 2026

PMDIX (Principal Small-MidCap Dividend Income Fund) and PBCKX (Principal Blue Chip Fund) are both mutual funds - PMDIX is a Mid Cap Value Equities fund managed by Principal, while PBCKX is a Large Cap Growth Equities fund managed by Principal. Over the past 10 years, PMDIX returned 9.78%/yr vs 15.76%/yr for PBCKX. Their 0.71 correlation means they have sometimes moved together and sometimes differently. PMDIX charges 0.85%/yr vs 0.66%/yr for PBCKX.

Performance

PMDIX vs. PBCKX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Principal Small-MidCap Dividend Income Fund (PMDIX) and Principal Blue Chip Fund (PBCKX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PMDIX achieves a 16.71% return, which is significantly higher than PBCKX's -2.47% return. Over the past 10 years, PMDIX has underperformed PBCKX with an annualized return of 9.78%, while PBCKX has yielded a comparatively higher 15.76% annualized return.

PMDIX

• 1D: 0.27%
• 1M: -0.70%
• 6M: 7.68%
• YTD: 16.71%
• 1Y: 24.99%
• 3Y*: 14.86%
• 5Y*: 10.60%
• 10Y*: 9.78%
• ALL TIME*: 10.64%

PBCKX

• 1D: 2.08%
• 1M: -0.12%
• 6M: -0.54%
• YTD: -2.47%
• 1Y: -3.06%
• 3Y*: 14.84%
• 5Y*: 6.41%
• 10Y*: 15.76%
• ALL TIME*: 15.50%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
PBCKX Principal Blue Chip Fund	$0.00	$0.00	$0.00
PMDIX Principal Small-MidCap Dividend Income Fund	$0.00	$0.00	$0.00

PMDIX vs. PBCKX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PMDIX Principal Small-MidCap Dividend Income Fund	16.71%	8.63%	14.56%	18.81%	-11.66%	30.41%	-6.40%	25.38%	-13.80%	13.30%
PBCKX Principal Blue Chip Fund	-2.47%	9.20%	26.90%	40.58%	-30.74%	25.05%	34.77%	45.22%	2.83%	28.85%

Correlation

The correlation between PMDIX and PBCKX is 0.48, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.48
Correlation (3Y) Balances recent behavior with more history.	0.61
Correlation (5Y) Shows whether the relationship held over a longer period.	0.69
Correlation (10Y) Provides a long-term view across more market conditions.	0.66
Correlation (All Time) Calculated using the full available price history since Jun 15, 2012	0.71

Over the past year, the correlation between PMDIX and PBCKX has dropped to 0.48 - well below their long-term average of 0.71, suggesting their price drivers have been diverging.

Return for Risk

PMDIX vs. PBCKX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

PMDIX

PMDIX Risk / Return Rank: 64
PMDIX Sharpe Ratio Rank: 64
PMDIX Sortino Ratio Rank: 69
PMDIX Omega Ratio Rank: 60
PMDIX Calmar Ratio Rank: 65
PMDIX Martin Ratio Rank: 62

PBCKX

PBCKX Risk / Return Rank: 2
PBCKX Sharpe Ratio Rank: 2
PBCKX Sortino Ratio Rank: 2
PBCKX Omega Ratio Rank: 2
PBCKX Calmar Ratio Rank: 2
PBCKX Martin Ratio Rank: 2

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

PMDIX vs. PBCKX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Principal Small-MidCap Dividend Income Fund (PMDIX) and Principal Blue Chip Fund (PBCKX). 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.

	PMDIX	PBCKX	Difference
Sharpe ratio: Return per unit of total volatility	1.54	-0.32	+1.86
Sortino ratio: Return per unit of downside risk	2.36	-0.33	+2.69
Omega ratio: Gain probability vs. loss probability	1.27	0.96	+0.31
Calmar ratio: Return relative to maximum drawdown	2.17	-0.27	+2.45
Martin ratio: Return relative to average drawdown	7.94	-0.76	+8.70

PMDIX vs. PBCKX - Sharpe Ratio Comparison

The current PMDIX Sharpe Ratio is 1.54, which is higher than the PBCKX Sharpe Ratio of -0.32. The chart below compares the historical Sharpe Ratios of PMDIX and PBCKX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

PMDIX vs. PBCKX - Drawdown Comparison

The maximum PMDIX drawdown since its inception was -46.47%, which is greater than PBCKX's maximum drawdown of -38.00%. Use the drawdown chart below to compare losses from any high point for PMDIX and PBCKX.

Drawdown Indicators

	PMDIX	PBCKX	Difference
Max Drawdown Largest peak-to-trough decline	-46.47%	-38.00%	-8.47%
Max Drawdown (1Y) Largest decline over 1 year	-10.55%	-19.10%	+8.55%
Max Drawdown (3Y) Largest decline over 3 years	-21.36%	-19.10%	-2.26%
Max Drawdown (5Y) Largest decline over 5 years	-21.36%	-38.00%	+16.64%
Max Drawdown (10Y) Largest decline over 10 years	-46.47%	-38.00%	-8.47%
Current Drawdown Current decline from peak	-1.95%	-6.17%	+4.22%
Average Drawdown Average peak-to-trough decline	-5.25%	-5.66%	+0.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.88%	6.87%	-3.99%

Volatility

PMDIX vs. PBCKX - Volatility Comparison

The current volatility for Principal Small-MidCap Dividend Income Fund (PMDIX) is 3.23%, while Principal Blue Chip Fund (PBCKX) has a volatility of 4.86%. This indicates that PMDIX experiences smaller price fluctuations and is considered to be less risky than PBCKX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PMDIX	PBCKX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.23%	4.86%	-1.63%
Volatility (6M) Calculated over the trailing 6-month period	10.66%	13.43%	-2.77%
Volatility (1Y) Calculated over the trailing 1-year period	14.91%	16.32%	-1.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.70%	20.52%	-1.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.21%	20.23%	-0.02%

PMDIX vs. PBCKX - Expense Ratio Comparison

PMDIX has a 0.85% expense ratio, which is higher than PBCKX's 0.66% expense ratio.

Dividends

PMDIX vs. PBCKX - Dividend Comparison

PMDIX's dividend yield for the trailing twelve months is around 2.70%, less than PBCKX's 20.45% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PBCKX Principal Blue Chip Fund	20.45%	19.94%	9.01%	0.51%	0.71%	6.67%	3.28%	8.90%	7.86%	2.79%	1.01%	2.40%
PMDIX Principal Small-MidCap Dividend Income Fund	2.70%	3.14%	7.99%	2.37%	6.95%	0.98%	1.37%	2.82%	17.83%	5.77%	2.84%	4.78%

Frequently Asked Questions

Can I hold both PMDIX and PBCKX in my portfolio?

PMDIX and PBCKX have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PMDIX or PBCKX?

PBCKX has higher volatility (4.86%) compared to PMDIX (3.23%). In terms of maximum drawdown, PMDIX dropped -46.47% vs PBCKX's -38.00%.

Which has better risk-adjusted returns?

PMDIX currently has the higher Sharpe Ratio (1.54 vs -0.32), 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.