PMFMX vs. SPY5.L
Compare and contrast key facts about Principal MidCap S&P 400 Index Fund (PMFMX) and SPDR® S&P 500 UCITS ETF (Dist) (SPY5.L).
PMFMX is managed by Principal. It was launched on Dec 6, 2000. SPY5.L is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Mar 19, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PMFMX or SPY5.L.
Key characteristics
| PMFMX | SPY5.L | |
|---|---|---|
| YTD Return | 11.14% | 19.73% |
| 1Y Return | 25.22% | 32.07% |
| 3Y Return (Ann) | 6.60% | 10.60% |
| 5Y Return (Ann) | 10.74% | 14.99% |
| 10Y Return (Ann) | 9.31% | 12.86% |
| Sharpe Ratio | 1.37 | 2.63 |
| Daily Std Dev | 16.75% | 12.34% |
| Max Drawdown | -55.43% | -33.89% |
| Current Drawdown | -0.70% | -0.58% |
Correlation
The correlation between PMFMX and SPY5.L is 0.51, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
PMFMX vs. SPY5.L - Performance Comparison
In the year-to-date period, PMFMX achieves a 11.14% return, which is significantly lower than SPY5.L's 19.73% return. Over the past 10 years, PMFMX has underperformed SPY5.L with an annualized return of 9.31%, while SPY5.L has yielded a comparatively higher 12.86% 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.
PMFMX vs. SPY5.L - Expense Ratio Comparison
PMFMX has a 0.73% expense ratio, which is higher than SPY5.L's 0.03% expense ratio.
Risk-Adjusted Performance
PMFMX vs. SPY5.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Principal MidCap S&P 400 Index Fund (PMFMX) and SPDR® S&P 500 UCITS ETF (Dist) (SPY5.L). 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
PMFMX vs. SPY5.L - Dividend Comparison
PMFMX's dividend yield for the trailing twelve months is around 2.77%, more than SPY5.L's 0.82% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PMFMX Principal MidCap S&P 400 Index Fund | 2.77% | 3.08% | 6.69% | 7.76% | 6.63% | 5.52% | 10.65% | 6.61% | 5.85% | 7.40% | 5.29% | 3.63% |
SPY5.L SPDR® S&P 500 UCITS ETF (Dist) | 0.82% | 1.19% | 1.40% | 0.99% | 1.28% | 1.71% | 2.20% | 2.29% | 1.64% | 1.73% | 1.49% | 1.48% |
Drawdowns
PMFMX vs. SPY5.L - Drawdown Comparison
The maximum PMFMX drawdown since its inception was -55.43%, which is greater than SPY5.L's maximum drawdown of -33.89%. Use the drawdown chart below to compare losses from any high point for PMFMX and SPY5.L. For additional features, visit the drawdowns tool.
Volatility
PMFMX vs. SPY5.L - Volatility Comparison
Principal MidCap S&P 400 Index Fund (PMFMX) has a higher volatility of 4.93% compared to SPDR® S&P 500 UCITS ETF (Dist) (SPY5.L) at 4.29%. This indicates that PMFMX's price experiences larger fluctuations and is considered to be riskier than SPY5.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.