PQIAX vs. LTINX

Last updated Jul 18, 2026

PQIAX (Principal Equity Income Fund) and LTINX (Principal LifeTime 2015 Fund) are both mutual funds - PQIAX is a Large Cap Value Equities fund managed by Principal, while LTINX is a Target Retirement Date fund managed by Principal. Their correlation of 0.89 suggests significant overlap in exposure. PQIAX charges 0.86%/yr vs 0.02%/yr for LTINX.

Performance

PQIAX vs. LTINX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Principal Equity Income Fund (PQIAX) and Principal LifeTime 2015 Fund (LTINX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

PQIAX

• 1D: 0.84%
• 1M: 2.68%
• 6M: 8.16%
• YTD: 12.26%
• 1Y: 21.55%
• 3Y*: 19.84%
• 5Y*: 11.65%
• 10Y*: 12.41%

LTINX

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PQIAX vs. LTINX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PQIAX Principal Equity Income Fund	12.26%	15.29%	26.56%	10.77%	-10.82%	21.88%	6.12%	28.44%	-5.44%	20.53%
LTINX Principal LifeTime 2015 Fund	3.69%	10.61%	10.67%	11.15%	-13.61%	7.41%	11.87%	16.32%	-4.72%	13.19%

Correlation

The correlation between PQIAX and LTINX is 0.74, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.74
Correlation (3Y) Calculated over the trailing 3-year period	0.77
Correlation (5Y) Calculated over the trailing 5-year period	0.82
Correlation (10Y) Calculated over the trailing 10-year period	0.84
Correlation (All Time) Calculated using the full available price history since Feb 29, 2008	0.89

The correlation between PQIAX and LTINX shifts across timeframes, from 0.74 (1 year) to 0.89 (all time), reflecting how their relationship changes across market environments.

Return for Risk

PQIAX vs. LTINX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PQIAX

PQIAX Risk / Return Rank: 80
PQIAX Sharpe Ratio Rank: 78
PQIAX Sortino Ratio Rank: 79
PQIAX Omega Ratio Rank: 76
PQIAX Calmar Ratio Rank: 82
PQIAX Martin Ratio Rank: 84

LTINX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PQIAX vs. LTINX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Principal Equity Income Fund (PQIAX) and Principal LifeTime 2015 Fund (LTINX). 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.

	PQIAX	LTINX	Difference
Sharpe ratio: Return per unit of total volatility	2.09	—	—
Sortino ratio: Return per unit of downside risk	3.08	—	—
Omega ratio: Gain probability vs. loss probability	1.38	—	—
Calmar ratio: Return relative to maximum drawdown	3.14	—	—
Martin ratio: Return relative to average drawdown	12.32	—	—

Drawdowns

Drawdown Indicators

	PQIAX	LTINX	Difference
Max Drawdown Largest peak-to-trough decline	-54.68%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-7.07%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-15.47%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-21.22%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-37.67%	—	—
Current Drawdown Current decline from peak	0.00%	—	—
Average Drawdown Average peak-to-trough decline	-6.99%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	1.80%	—	—

Volatility

Volatility by Period

	PQIAX	LTINX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.33%	—	—
Volatility (6M) Calculated over the trailing 6-month period	7.88%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	10.66%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.25%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.34%	—	—

PQIAX vs. LTINX - Expense Ratio Comparison

PQIAX has a 0.86% expense ratio, which is higher than LTINX's 0.02% expense ratio.

Dividends

PQIAX vs. LTINX - Dividend Comparison

PQIAX's dividend yield for the trailing twelve months is around 8.93%, less than LTINX's 18.99% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LTINX Principal LifeTime 2015 Fund	18.99%	11.91%	10.80%	4.75%	7.98%	8.21%	5.51%	12.76%	9.62%	7.62%	3.63%	8.86%
PQIAX Principal Equity Income Fund	8.93%	9.92%	20.62%	2.58%	5.37%	5.05%	1.52%	4.30%	7.41%	6.28%	3.73%	2.11%

Frequently Asked Questions

Can I hold both PQIAX and LTINX in my portfolio?

PQIAX and LTINX have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.