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PSMIX vs. MAFIX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between PSMIX and MAFIX is 0.75, 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.


-0.50.00.51.00.8

Performance

PSMIX vs. MAFIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Principal Global Multi-Strategy Fund (PSMIX) and Abbey Capital Multi Asset Fund Class I (MAFIX). The values are adjusted to include any dividend payments, if applicable.

20.00%40.00%60.00%80.00%100.00%120.00%JulyAugustSeptemberOctoberNovemberDecember
15.44%
93.62%
PSMIX
MAFIX

Key characteristics

Sharpe Ratio

PSMIX:

2.27

MAFIX:

0.48

Sortino Ratio

PSMIX:

3.19

MAFIX:

0.69

Omega Ratio

PSMIX:

1.44

MAFIX:

1.09

Calmar Ratio

PSMIX:

1.74

MAFIX:

0.48

Martin Ratio

PSMIX:

11.77

MAFIX:

1.24

Ulcer Index

PSMIX:

0.76%

MAFIX:

5.10%

Daily Std Dev

PSMIX:

3.93%

MAFIX:

13.22%

Max Drawdown

PSMIX:

-15.71%

MAFIX:

-13.28%

Current Drawdown

PSMIX:

-0.79%

MAFIX:

-8.68%

Returns By Period

In the year-to-date period, PSMIX achieves a 8.76% return, which is significantly higher than MAFIX's 5.27% return.


PSMIX

YTD

8.76%

1M

0.53%

6M

2.91%

1Y

8.71%

5Y*

2.96%

10Y*

1.80%

MAFIX

YTD

5.27%

1M

-2.32%

6M

-4.38%

1Y

5.08%

5Y*

10.52%

10Y*

N/A

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Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


PSMIX vs. MAFIX - Expense Ratio Comparison

PSMIX has a 1.63% expense ratio, which is lower than MAFIX's 1.79% expense ratio.


MAFIX
Abbey Capital Multi Asset Fund Class I
Expense ratio chart for MAFIX: current value at 1.79% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.79%
Expense ratio chart for PSMIX: current value at 1.63% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.63%

Risk-Adjusted Performance

PSMIX vs. MAFIX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Principal Global Multi-Strategy Fund (PSMIX) and Abbey Capital Multi Asset Fund Class I (MAFIX). 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.


Sharpe ratio
The chart of Sharpe ratio for PSMIX, currently valued at 2.27, compared to the broader market-1.000.001.002.003.004.002.270.48
The chart of Sortino ratio for PSMIX, currently valued at 3.19, compared to the broader market-2.000.002.004.006.008.0010.003.190.69
The chart of Omega ratio for PSMIX, currently valued at 1.44, compared to the broader market0.501.001.502.002.503.003.501.441.09
The chart of Calmar ratio for PSMIX, currently valued at 1.74, compared to the broader market0.005.0010.0015.001.740.48
The chart of Martin ratio for PSMIX, currently valued at 11.77, compared to the broader market0.0020.0040.0060.0011.771.24
PSMIX
MAFIX

The current PSMIX Sharpe Ratio is 2.27, which is higher than the MAFIX Sharpe Ratio of 0.48. The chart below compares the historical Sharpe Ratios of PSMIX and MAFIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
2.27
0.48
PSMIX
MAFIX

Dividends

PSMIX vs. MAFIX - Dividend Comparison

PSMIX's dividend yield for the trailing twelve months is around 3.23%, while MAFIX has not paid dividends to shareholders.


TTM20232022202120202019201820172016201520142013
PSMIX
Principal Global Multi-Strategy Fund
3.23%3.51%5.93%0.61%1.68%0.00%1.55%0.78%0.16%0.84%0.93%0.30%
MAFIX
Abbey Capital Multi Asset Fund Class I
0.00%0.99%3.84%3.04%1.64%10.10%9.36%0.00%0.00%0.00%0.00%0.00%

Drawdowns

PSMIX vs. MAFIX - Drawdown Comparison

The maximum PSMIX drawdown since its inception was -15.71%, which is greater than MAFIX's maximum drawdown of -13.28%. Use the drawdown chart below to compare losses from any high point for PSMIX and MAFIX. For additional features, visit the drawdowns tool.


-14.00%-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-0.79%
-8.68%
PSMIX
MAFIX

Volatility

PSMIX vs. MAFIX - Volatility Comparison

The current volatility for Principal Global Multi-Strategy Fund (PSMIX) is 0.86%, while Abbey Capital Multi Asset Fund Class I (MAFIX) has a volatility of 5.56%. This indicates that PSMIX experiences smaller price fluctuations and is considered to be less risky than MAFIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%2.00%3.00%4.00%5.00%6.00%JulyAugustSeptemberOctoberNovemberDecember
0.86%
5.56%
PSMIX
MAFIX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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