PMEGX vs. PCBIX
Compare and contrast key facts about T. Rowe Price Institutional Mid Cap Equity Growth Fund (PMEGX) and Principal MidCap Fund Institutional Class (PCBIX).
PMEGX is managed by T. Rowe Price. It was launched on Jul 31, 1996. PCBIX 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: PMEGX or PCBIX.
Performance
PMEGX vs. PCBIX - Performance Comparison
Returns By Period
In the year-to-date period, PMEGX achieves a 10.11% return, which is significantly lower than PCBIX's 23.60% return. Over the past 10 years, PMEGX has underperformed PCBIX with an annualized return of 5.28%, while PCBIX has yielded a comparatively higher 7.73% annualized return.
PMEGX
10.11%
-0.93%
3.03%
13.81%
4.25%
5.28%
PCBIX
23.60%
0.53%
12.15%
29.32%
8.55%
7.73%
Key characteristics
| PMEGX | PCBIX | |
|---|---|---|
| Sharpe Ratio | 0.99 | 2.21 |
| Sortino Ratio | 1.34 | 2.98 |
| Omega Ratio | 1.18 | 1.38 |
| Calmar Ratio | 0.48 | 1.48 |
| Martin Ratio | 4.01 | 12.96 |
| Ulcer Index | 3.59% | 2.29% |
| Daily Std Dev | 14.64% | 13.44% |
| Max Drawdown | -60.81% | -57.73% |
| Current Drawdown | -20.15% | -2.17% |
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PMEGX vs. PCBIX - Expense Ratio Comparison
PMEGX has a 0.61% expense ratio, which is lower than PCBIX's 0.67% expense ratio.
Correlation
The correlation between PMEGX and PCBIX is 0.92, 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.
Risk-Adjusted Performance
PMEGX vs. PCBIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Institutional Mid Cap Equity Growth Fund (PMEGX) and Principal MidCap Fund Institutional Class (PCBIX). 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.
Dividends
PMEGX vs. PCBIX - Dividend Comparison
PMEGX's dividend yield for the trailing twelve months is around 0.15%, more than PCBIX's 0.03% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PMEGX T. Rowe Price Institutional Mid Cap Equity Growth Fund | 0.15% | 0.17% | 0.00% | 0.00% | 8.94% | 0.31% | 0.27% | 0.13% | 0.20% | 0.00% | 0.00% | 0.00% |
PCBIX Principal MidCap Fund Institutional Class | 0.03% | 0.04% | 0.00% | 0.00% | 0.00% | 0.47% | 0.07% | 0.05% | 0.41% | 0.13% | 0.36% | 0.24% |
Drawdowns
PMEGX vs. PCBIX - Drawdown Comparison
The maximum PMEGX drawdown since its inception was -60.81%, which is greater than PCBIX's maximum drawdown of -57.73%. Use the drawdown chart below to compare losses from any high point for PMEGX and PCBIX. For additional features, visit the drawdowns tool.
Volatility
PMEGX vs. PCBIX - Volatility Comparison
The current volatility for T. Rowe Price Institutional Mid Cap Equity Growth Fund (PMEGX) is 4.26%, while Principal MidCap Fund Institutional Class (PCBIX) has a volatility of 4.62%. This indicates that PMEGX experiences smaller price fluctuations and is considered to be less risky than PCBIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.