PSMIX vs. PLWIX
Compare and contrast key facts about Principal Global Multi-Strategy Fund (PSMIX) and Principal LifeTime 2020 Fund (PLWIX).
PSMIX is managed by Principal. It was launched on Oct 23, 2011. PLWIX is managed by Principal. It was launched on Feb 28, 2001.
Performance
PSMIX vs. PLWIX - Performance Comparison
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PSMIX vs. PLWIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PSMIX Principal Global Multi-Strategy Fund | 0.60% | 10.47% | 8.90% | 6.59% | -1.80% | 5.62% | 5.11% | 8.18% | -4.34% | 6.60% |
PLWIX Principal LifeTime 2020 Fund | -2.23% | 11.32% | 12.21% | 12.23% | -14.36% | 9.05% | 12.70% | 18.40% | -5.72% | 14.96% |
Returns By Period
In the year-to-date period, PSMIX achieves a 0.60% return, which is significantly higher than PLWIX's -2.23% return. Over the past 10 years, PSMIX has underperformed PLWIX with an annualized return of 4.82%, while PLWIX has yielded a comparatively higher 6.86% annualized 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%
PLWIX
- 1D
- 0.17%
- 1M
- -4.51%
- YTD
- -2.23%
- 6M
- -0.84%
- 1Y
- 7.85%
- 3Y*
- 9.55%
- 5Y*
- 4.70%
- 10Y*
- 6.86%
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PSMIX vs. PLWIX - Expense Ratio Comparison
PSMIX has a 1.63% expense ratio, which is higher than PLWIX's 0.01% expense ratio.
Return for Risk
PSMIX vs. PLWIX — Risk / Return Rank
PSMIX
PLWIX
PSMIX vs. PLWIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Principal Global Multi-Strategy Fund (PSMIX) and Principal LifeTime 2020 Fund (PLWIX). 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 | PLWIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.20 | 1.07 | +1.14 |
Sortino ratioReturn per unit of downside risk | 2.86 | 1.53 | +1.32 |
Omega ratioGain probability vs. loss probability | 1.47 | 1.22 | +0.25 |
Calmar ratioReturn relative to maximum drawdown | 2.92 | 1.29 | +1.64 |
Martin ratioReturn relative to average drawdown | 12.96 | 5.82 | +7.15 |
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 | PLWIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.20 | 1.07 | +1.14 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.26 | 0.58 | +0.69 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.13 | 0.81 | -0.68 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.14 | 0.51 | -0.37 |
Correlation
The correlation between PSMIX and PLWIX is 0.82, 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. PLWIX - Dividend Comparison
PSMIX's dividend yield for the trailing twelve months is around 5.49%, less than PLWIX's 10.31% 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% |
PLWIX Principal LifeTime 2020 Fund | 10.31% | 10.08% | 11.91% | 5.12% | 9.82% | 9.40% | 5.90% | 8.69% | 7.35% | 5.74% | 3.73% | 8.75% |
Drawdowns
PSMIX vs. PLWIX - Drawdown Comparison
The maximum PSMIX drawdown since its inception was -55.50%, which is greater than PLWIX's maximum drawdown of -49.07%. Use the drawdown chart below to compare losses from any high point for PSMIX and PLWIX.
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Drawdown Indicators
| PSMIX | PLWIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.50% | -49.07% | -6.43% |
Max Drawdown (1Y)Largest decline over 1 year | -3.57% | -5.75% | +2.18% |
Max Drawdown (5Y)Largest decline over 5 years | -6.39% | -19.73% | +13.34% |
Max Drawdown (10Y)Largest decline over 10 years | -55.50% | -20.29% | -35.21% |
Current DrawdownCurrent decline from peak | -28.20% | -4.59% | -23.61% |
Average DrawdownAverage peak-to-trough decline | -26.60% | -5.76% | -20.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.80% | 1.27% | -0.47% |
Volatility
PSMIX vs. PLWIX - Volatility Comparison
The current volatility for Principal Global Multi-Strategy Fund (PSMIX) is 1.30%, while Principal LifeTime 2020 Fund (PLWIX) has a volatility of 2.61%. This indicates that PSMIX experiences smaller price fluctuations and is considered to be less risky than PLWIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PSMIX | PLWIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.30% | 2.61% | -1.31% |
Volatility (6M)Calculated over the trailing 6-month period | 3.11% | 4.35% | -1.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.90% | 7.48% | -2.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.51% | 8.22% | -3.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 38.09% | 8.55% | +29.54% |