PQIAX vs. PMDIX
Compare and contrast key facts about Principal Equity Income Fund (PQIAX) and Principal Small-MidCap Dividend Income Fund (PMDIX).
PQIAX is managed by Principal. It was launched on May 31, 1939. PMDIX is managed by Principal. It was launched on Jun 6, 2011.
Performance
PQIAX vs. PMDIX - Performance Comparison
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PQIAX vs. PMDIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PQIAX Principal Equity Income Fund | -0.22% | 15.29% | 26.56% | 10.77% | -10.82% | 21.88% | 6.12% | 28.44% | -5.44% | 20.53% |
PMDIX Principal Small-MidCap Dividend Income Fund | 1.44% | 8.63% | 14.56% | 18.81% | -11.66% | 30.41% | -6.40% | 25.38% | -13.80% | 13.30% |
Returns By Period
In the year-to-date period, PQIAX achieves a -0.22% return, which is significantly lower than PMDIX's 1.44% return. Over the past 10 years, PQIAX has outperformed PMDIX with an annualized return of 11.80%, while PMDIX has yielded a comparatively lower 9.40% annualized return.
PQIAX
- 1D
- -0.10%
- 1M
- -6.38%
- YTD
- -0.22%
- 6M
- 3.12%
- 1Y
- 14.39%
- 3Y*
- 17.28%
- 5Y*
- 10.29%
- 10Y*
- 11.80%
PMDIX
- 1D
- -0.85%
- 1M
- -8.86%
- YTD
- 1.44%
- 6M
- 2.85%
- 1Y
- 14.22%
- 3Y*
- 13.66%
- 5Y*
- 8.72%
- 10Y*
- 9.40%
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PQIAX vs. PMDIX - Expense Ratio Comparison
PQIAX has a 0.86% expense ratio, which is higher than PMDIX's 0.85% expense ratio.
Return for Risk
PQIAX vs. PMDIX — Risk / Return Rank
PQIAX
PMDIX
PQIAX vs. PMDIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Principal Equity Income Fund (PQIAX) and Principal Small-MidCap Dividend Income Fund (PMDIX). 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.
| PQIAX | PMDIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.00 | 0.73 | +0.27 |
Sortino ratioReturn per unit of downside risk | 1.49 | 1.15 | +0.35 |
Omega ratioGain probability vs. loss probability | 1.22 | 1.16 | +0.05 |
Calmar ratioReturn relative to maximum drawdown | 1.18 | 0.84 | +0.34 |
Martin ratioReturn relative to average drawdown | 5.39 | 3.45 | +1.94 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| PQIAX | PMDIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.00 | 0.73 | +0.27 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.68 | 0.47 | +0.21 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.72 | 0.47 | +0.26 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.41 | 0.52 | -0.11 |
Correlation
The correlation between PQIAX and PMDIX is 0.91, 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.
Dividends
PQIAX vs. PMDIX - Dividend Comparison
PQIAX's dividend yield for the trailing twelve months is around 9.97%, more than PMDIX's 3.15% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PQIAX Principal Equity Income Fund | 9.97% | 9.92% | 20.62% | 2.58% | 5.37% | 5.05% | 1.52% | 4.30% | 7.41% | 6.28% | 3.73% | 2.11% |
PMDIX Principal Small-MidCap Dividend Income Fund | 3.15% | 3.14% | 7.99% | 2.37% | 6.95% | 0.98% | 1.37% | 2.82% | 17.83% | 5.77% | 2.84% | 4.78% |
Drawdowns
PQIAX vs. PMDIX - Drawdown Comparison
The maximum PQIAX drawdown since its inception was -54.68%, which is greater than PMDIX's maximum drawdown of -46.47%. Use the drawdown chart below to compare losses from any high point for PQIAX and PMDIX.
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Drawdown Indicators
| PQIAX | PMDIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.68% | -46.47% | -8.21% |
Max Drawdown (1Y)Largest decline over 1 year | -11.77% | -14.51% | +2.74% |
Max Drawdown (5Y)Largest decline over 5 years | -21.22% | -21.36% | +0.14% |
Max Drawdown (10Y)Largest decline over 10 years | -37.67% | -46.47% | +8.80% |
Current DrawdownCurrent decline from peak | -7.07% | -10.55% | +3.48% |
Average DrawdownAverage peak-to-trough decline | -7.04% | -5.33% | -1.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.58% | 3.54% | -0.96% |
Volatility
PQIAX vs. PMDIX - Volatility Comparison
The current volatility for Principal Equity Income Fund (PQIAX) is 3.30%, while Principal Small-MidCap Dividend Income Fund (PMDIX) has a volatility of 4.92%. This indicates that PQIAX experiences smaller price fluctuations and is considered to be less risky than PMDIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PQIAX | PMDIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.30% | 4.92% | -1.62% |
Volatility (6M)Calculated over the trailing 6-month period | 7.91% | 10.82% | -2.91% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.46% | 20.60% | -5.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.25% | 18.76% | -3.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.40% | 20.22% | -3.82% |