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PTEAX vs. LTINX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

PTEAX vs. LTINX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Principal Tax-Exempt Bond Fund (PTEAX) and Principal LifeTime 2015 Fund (LTINX). The values are adjusted to include any dividend payments, if applicable.

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PTEAX vs. LTINX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
PTEAX
Principal Tax-Exempt Bond Fund
-1.06%4.68%2.10%6.35%-12.18%2.71%4.80%9.05%0.44%6.44%
LTINX
Principal LifeTime 2015 Fund
-1.95%10.61%10.67%11.15%-13.61%7.41%11.87%16.32%-4.72%13.19%

Returns By Period

In the year-to-date period, PTEAX achieves a -1.06% return, which is significantly higher than LTINX's -1.95% return. Over the past 10 years, PTEAX has underperformed LTINX with an annualized return of 1.93%, while LTINX has yielded a comparatively higher 6.13% annualized return.


PTEAX

1D
0.15%
1M
-2.95%
YTD
-1.06%
6M
0.39%
1Y
3.32%
3Y*
3.01%
5Y*
0.29%
10Y*
1.93%

LTINX

1D
0.12%
1M
-4.06%
YTD
-1.95%
6M
-0.65%
1Y
7.16%
3Y*
8.67%
5Y*
4.13%
10Y*
6.13%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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PTEAX vs. LTINX - Expense Ratio Comparison

PTEAX has a 0.73% expense ratio, which is higher than LTINX's 0.02% expense ratio.


Return for Risk

PTEAX vs. LTINX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PTEAX
PTEAX Risk / Return Rank: 3939
Overall Rank
PTEAX Sharpe Ratio Rank: 4040
Sharpe Ratio Rank
PTEAX Sortino Ratio Rank: 3434
Sortino Ratio Rank
PTEAX Omega Ratio Rank: 5959
Omega Ratio Rank
PTEAX Calmar Ratio Rank: 3333
Calmar Ratio Rank
PTEAX Martin Ratio Rank: 2727
Martin Ratio Rank

LTINX
LTINX Risk / Return Rank: 6161
Overall Rank
LTINX Sharpe Ratio Rank: 6363
Sharpe Ratio Rank
LTINX Sortino Ratio Rank: 6161
Sortino Ratio Rank
LTINX Omega Ratio Rank: 6060
Omega Ratio Rank
LTINX Calmar Ratio Rank: 5959
Calmar Ratio Rank
LTINX Martin Ratio Rank: 6464
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PTEAX vs. LTINX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Principal Tax-Exempt Bond Fund (PTEAX) and Principal LifeTime 2015 Fund (LTINX). 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.


PTEAXLTINXDifference

Sharpe ratio

Return per unit of total volatility

0.84

1.13

-0.29

Sortino ratio

Return per unit of downside risk

1.14

1.59

-0.45

Omega ratio

Gain probability vs. loss probability

1.23

1.24

-0.01

Calmar ratio

Return relative to maximum drawdown

0.92

1.39

-0.47

Martin ratio

Return relative to average drawdown

2.97

6.10

-3.14

PTEAX vs. LTINX - Sharpe Ratio Comparison

The current PTEAX Sharpe Ratio is 0.84, which is comparable to the LTINX Sharpe Ratio of 1.13. The chart below compares the historical Sharpe Ratios of PTEAX and LTINX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


PTEAXLTINXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.84

1.13

-0.29

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.07

0.57

-0.50

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.44

0.84

-0.40

Sharpe Ratio (All Time)

Calculated using the full available price history

0.31

0.48

-0.17

Correlation

The correlation between PTEAX and LTINX is -0.01. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


Dividends

PTEAX vs. LTINX - Dividend Comparison

PTEAX's dividend yield for the trailing twelve months is around 3.89%, less than LTINX's 12.14% yield.


TTM20252024202320222021202020192018201720162015
PTEAX
Principal Tax-Exempt Bond Fund
3.89%4.66%3.73%2.81%2.27%2.15%2.23%3.09%3.68%3.69%3.91%3.75%
LTINX
Principal LifeTime 2015 Fund
12.14%11.91%10.80%4.75%7.98%8.21%5.51%12.76%9.62%7.62%3.63%8.86%

Drawdowns

PTEAX vs. LTINX - Drawdown Comparison

The maximum PTEAX drawdown since its inception was -38.72%, smaller than the maximum LTINX drawdown of -44.03%. Use the drawdown chart below to compare losses from any high point for PTEAX and LTINX.


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Drawdown Indicators


PTEAXLTINXDifference

Max Drawdown

Largest peak-to-trough decline

-38.72%

-44.03%

+5.31%

Max Drawdown (1Y)

Largest decline over 1 year

-4.78%

-4.98%

+0.20%

Max Drawdown (5Y)

Largest decline over 5 years

-17.37%

-18.54%

+1.17%

Max Drawdown (10Y)

Largest decline over 10 years

-17.37%

-18.54%

+1.17%

Current Drawdown

Current decline from peak

-2.95%

-4.17%

+1.22%

Average Drawdown

Average peak-to-trough decline

-5.95%

-5.22%

-0.73%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.49%

1.13%

+0.36%

Volatility

PTEAX vs. LTINX - Volatility Comparison

The current volatility for Principal Tax-Exempt Bond Fund (PTEAX) is 1.01%, while Principal LifeTime 2015 Fund (LTINX) has a volatility of 2.42%. This indicates that PTEAX experiences smaller price fluctuations and is considered to be less risky than LTINX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


PTEAXLTINXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.01%

2.42%

-1.41%

Volatility (6M)

Calculated over the trailing 6-month period

1.80%

3.82%

-2.02%

Volatility (1Y)

Calculated over the trailing 1-year period

4.92%

6.51%

-1.59%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

3.96%

7.31%

-3.35%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

4.39%

7.31%

-2.92%