PSMIX vs. MAFIX
Compare and contrast key facts about Principal Global Multi-Strategy Fund (PSMIX) and Abbey Capital Multi Asset Fund Class I (MAFIX).
PSMIX is managed by Principal. It was launched on Oct 23, 2011. MAFIX is managed by Abbey Capital. It was launched on Apr 11, 2018.
Performance
PSMIX vs. MAFIX - Performance Comparison
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PSMIX vs. MAFIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
PSMIX Principal Global Multi-Strategy Fund | 0.60% | 10.47% | 8.90% | 6.59% | -1.80% | 5.62% | 5.11% | 8.18% | -1.10% |
MAFIX Abbey Capital Multi Asset Fund Class I | -0.62% | 8.41% | 8.99% | 5.02% | 4.08% | 14.79% | 24.89% | 21.63% | -1.46% |
Returns By Period
In the year-to-date period, PSMIX achieves a 0.60% return, which is significantly higher than MAFIX's -0.62% return.
PSMIX
- 1D
- -0.09%
- 1M
- -2.33%
- YTD
- 0.60%
- 6M
- 3.33%
- 1Y
- 10.63%
- 3Y*
- 8.61%
- 5Y*
- 5.68%
- 10Y*
- 4.82%
MAFIX
- 1D
- -0.44%
- 1M
- -7.26%
- YTD
- -0.62%
- 6M
- 4.09%
- 1Y
- 14.51%
- 3Y*
- 7.40%
- 5Y*
- 6.27%
- 10Y*
- —
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PSMIX vs. MAFIX - Expense Ratio Comparison
PSMIX has a 1.63% expense ratio, which is lower than MAFIX's 1.79% expense ratio.
Return for Risk
PSMIX vs. MAFIX — Risk / Return Rank
PSMIX
MAFIX
PSMIX vs. MAFIX - Risk-Adjusted Trends 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.
| PSMIX | MAFIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.20 | 1.00 | +1.21 |
Sortino ratioReturn per unit of downside risk | 2.86 | 1.40 | +1.46 |
Omega ratioGain probability vs. loss probability | 1.47 | 1.19 | +0.28 |
Calmar ratioReturn relative to maximum drawdown | 2.92 | 1.36 | +1.56 |
Martin ratioReturn relative to average drawdown | 12.96 | 4.34 | +8.62 |
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
| PSMIX | MAFIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.20 | 1.00 | +1.21 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.26 | 0.51 | +0.76 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.13 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.14 | 0.89 | -0.75 |
Correlation
The correlation between PSMIX and MAFIX is 0.78, 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
PSMIX vs. MAFIX - Dividend Comparison
PSMIX's dividend yield for the trailing twelve months is around 5.49%, less than MAFIX's 11.85% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PSMIX Principal Global Multi-Strategy Fund | 5.49% | 5.53% | 1.66% | 3.51% | 12.10% | 4.04% | 1.68% | 0.00% | 6.52% | 2.91% | 0.15% | 3.02% |
MAFIX Abbey Capital Multi Asset Fund Class I | 11.85% | 11.78% | 4.57% | 3.80% | 4.12% | 10.65% | 10.29% | 12.30% | 9.36% | 0.00% | 0.00% | 0.00% |
Drawdowns
PSMIX vs. MAFIX - Drawdown Comparison
The maximum PSMIX drawdown since its inception was -55.50%, which is greater than MAFIX's maximum drawdown of -19.21%. Use the drawdown chart below to compare losses from any high point for PSMIX and MAFIX.
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Drawdown Indicators
| PSMIX | MAFIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.50% | -19.21% | -36.29% |
Max Drawdown (1Y)Largest decline over 1 year | -3.57% | -9.44% | +5.87% |
Max Drawdown (5Y)Largest decline over 5 years | -6.39% | -19.21% | +12.82% |
Max Drawdown (10Y)Largest decline over 10 years | -55.50% | — | — |
Current DrawdownCurrent decline from peak | -28.20% | -7.26% | -20.94% |
Average DrawdownAverage peak-to-trough decline | -26.60% | -3.46% | -23.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.80% | 2.96% | -2.16% |
Volatility
PSMIX vs. MAFIX - Volatility Comparison
The current volatility for Principal Global Multi-Strategy Fund (PSMIX) is 1.30%, while Abbey Capital Multi Asset Fund Class I (MAFIX) has a volatility of 3.04%. 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.
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Volatility by Period
| PSMIX | MAFIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.30% | 3.04% | -1.74% |
Volatility (6M)Calculated over the trailing 6-month period | 3.11% | 10.36% | -7.25% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.90% | 14.54% | -9.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.51% | 12.39% | -7.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 38.09% | 12.92% | +25.17% |