PQIAX vs. SWPPX
Compare and contrast key facts about Principal Equity Income Fund (PQIAX) and Schwab S&P 500 Index Fund (SWPPX).
PQIAX is managed by Principal. It was launched on May 31, 1939. SWPPX is managed by Charles Schwab.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PQIAX or SWPPX.
Correlation
The correlation between PQIAX and SWPPX is 0.93, 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.
Performance
PQIAX vs. SWPPX - Performance Comparison
Key characteristics
PQIAX:
0.73
SWPPX:
1.96
PQIAX:
0.95
SWPPX:
2.63
PQIAX:
1.17
SWPPX:
1.36
PQIAX:
0.68
SWPPX:
2.97
PQIAX:
1.95
SWPPX:
12.29
PQIAX:
5.31%
SWPPX:
2.04%
PQIAX:
14.09%
SWPPX:
12.79%
PQIAX:
-58.69%
SWPPX:
-55.06%
PQIAX:
-10.12%
SWPPX:
0.00%
Returns By Period
In the year-to-date period, PQIAX achieves a 5.05% return, which is significantly higher than SWPPX's 4.11% return. Over the past 10 years, PQIAX has underperformed SWPPX with an annualized return of 5.95%, while SWPPX has yielded a comparatively higher 13.00% annualized return.
PQIAX
5.05%
1.76%
-2.00%
8.73%
5.29%
5.95%
SWPPX
4.11%
2.05%
9.69%
23.74%
14.34%
13.00%
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PQIAX vs. SWPPX - Expense Ratio Comparison
PQIAX has a 0.86% expense ratio, which is higher than SWPPX's 0.02% expense ratio.
Risk-Adjusted Performance
PQIAX vs. SWPPX — Risk-Adjusted Performance Rank
PQIAX
SWPPX
PQIAX vs. SWPPX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Principal Equity Income Fund (PQIAX) and Schwab S&P 500 Index Fund (SWPPX). 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
PQIAX vs. SWPPX - Dividend Comparison
PQIAX's dividend yield for the trailing twelve months is around 1.45%, more than SWPPX's 1.18% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PQIAX Principal Equity Income Fund | 1.45% | 1.52% | 1.88% | 1.49% | 1.13% | 1.52% | 1.53% | 2.27% | 1.44% | 1.84% | 2.11% | 1.75% |
SWPPX Schwab S&P 500 Index Fund | 1.18% | 1.23% | 1.43% | 1.67% | 1.17% | 1.81% | 1.77% | 2.20% | 1.75% | 1.99% | 2.15% | 1.80% |
Drawdowns
PQIAX vs. SWPPX - Drawdown Comparison
The maximum PQIAX drawdown since its inception was -58.69%, which is greater than SWPPX's maximum drawdown of -55.06%. Use the drawdown chart below to compare losses from any high point for PQIAX and SWPPX. For additional features, visit the drawdowns tool.
Volatility
PQIAX vs. SWPPX - Volatility Comparison
The current volatility for Principal Equity Income Fund (PQIAX) is 2.44%, while Schwab S&P 500 Index Fund (SWPPX) has a volatility of 3.21%. This indicates that PQIAX experiences smaller price fluctuations and is considered to be less risky than SWPPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.