PPLIX vs. OEF
PPLIX (Principal LifeTime 2050 Fund) and OEF (iShares S&P 100 ETF) are both funds - PPLIX is a Target Retirement Date fund managed by Principal, while OEF is a Large Cap Blend Equities fund tracking the S&P 100 Index. Over the past 10 years, PPLIX returned 11.63%/yr vs 16.79%/yr for OEF. Their correlation of 0.92 suggests significant overlap in exposure. PPLIX charges 0.01%/yr vs 0.20%/yr for OEF.
Performance
PPLIX vs. OEF - Performance Comparison
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Returns By Period
In the year-to-date period, PPLIX achieves a 8.79% return, which is significantly higher than OEF's 7.11% return. Over the past 10 years, PPLIX has underperformed OEF with an annualized return of 11.63%, while OEF has yielded a comparatively higher 16.79% annualized return.
PPLIX
- 1D
- 1.18%
- 1M
- 1.71%
- YTD
- 8.79%
- 6M
- 8.64%
- 1Y
- 21.85%
- 3Y*
- 17.96%
- 5Y*
- 9.66%
- 10Y*
- 11.63%
OEF
- 1D
- -0.83%
- 1M
- -1.31%
- YTD
- 7.11%
- 6M
- 6.98%
- 1Y
- 26.54%
- 3Y*
- 22.89%
- 5Y*
- 14.91%
- 10Y*
- 16.79%
PPLIX vs. OEF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PPLIX Principal LifeTime 2050 Fund | 8.79% | 17.55% | 19.12% | 20.36% | -18.78% | 17.04% | 16.56% | 26.67% | -8.74% | 22.12% |
OEF iShares S&P 100 ETF | 7.11% | 19.80% | 30.74% | 32.71% | -21.03% | 29.18% | 21.21% | 31.87% | -4.16% | 21.82% |
Correlation
The correlation between PPLIX and OEF is 0.85, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.85 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.85 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.89 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.90 |
Correlation (All Time) Calculated using the full available price history since Mar 2, 2001 | 0.92 |
The correlation between PPLIX and OEF has been stable across timeframes, ranging from 0.85 to 0.92 - a consistent structural relationship.
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Return for Risk
PPLIX vs. OEF — Risk / Return Rank
PPLIX
OEF
PPLIX vs. OEF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Principal LifeTime 2050 Fund (PPLIX) and iShares S&P 100 ETF (OEF). 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.
| PPLIX | OEF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.24 | ||
| Sortino ratioReturn per unit of downside risk | -0.23 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.36 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 2.51 | 2.41 | +0.10 |
| Martin ratioReturn relative to average drawdown | 11.05 | 9.81 | +1.24 |
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Drawdowns
PPLIX vs. OEF - Drawdown Comparison
The maximum PPLIX drawdown since its inception was -55.61%, roughly equal to the maximum OEF drawdown of -54.11%. Use the drawdown chart below to compare losses from any high point for PPLIX and OEF.
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Drawdown Indicators
| PPLIX | OEF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.61% | -54.11% | -1.50% |
Max Drawdown (1Y)Largest decline over 1 year | -8.57% | -11.06% | +2.49% |
Max Drawdown (3Y)Largest decline over 3 years | -15.59% | -19.80% | +4.21% |
Max Drawdown (5Y)Largest decline over 5 years | -26.85% | -26.47% | -0.38% |
Max Drawdown (10Y)Largest decline over 10 years | -32.67% | -31.44% | -1.23% |
Current DrawdownCurrent decline from peak | -0.61% | -3.11% | +2.50% |
Average DrawdownAverage peak-to-trough decline | -8.29% | -11.74% | +3.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.95% | 2.71% | -0.76% |
Volatility
PPLIX vs. OEF - Volatility Comparison
The current volatility for Principal LifeTime 2050 Fund (PPLIX) is 4.79%, while iShares S&P 100 ETF (OEF) has a volatility of 5.09%. This indicates that PPLIX experiences smaller price fluctuations and is considered to be less risky than OEF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PPLIX | OEF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.79% | 5.09% | -0.30% |
Volatility (6M)Calculated over the trailing 6-month period | 10.10% | 10.49% | -0.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.23% | 13.36% | -1.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.58% | 17.80% | -2.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.63% | 18.50% | -2.87% |
PPLIX vs. OEF - Expense Ratio Comparison
PPLIX has a 0.01% expense ratio, which is lower than OEF's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
PPLIX vs. OEF - Dividend Comparison
PPLIX's dividend yield for the trailing twelve months is around 9.15%, more than OEF's 0.88% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OEF iShares S&P 100 ETF | 0.88% | 0.81% | 1.03% | 1.19% | 1.55% | 1.06% | 1.43% | 1.87% | 2.09% | 1.81% | 2.07% | 2.11% |
PPLIX Principal LifeTime 2050 Fund | 9.15% | 9.95% | 11.56% | 4.41% | 9.40% | 8.04% | 5.23% | 7.16% | 8.64% | 5.12% | 4.82% | 6.07% |
Frequently Asked Questions
PPLIX and OEF have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
OEF has higher volatility (5.09%) compared to PPLIX (4.79%). In terms of maximum drawdown, PPLIX dropped -55.61% vs OEF's -54.11%.
OEF currently has the higher Sharpe Ratio (2.00 vs 1.76), 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.
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