PTEAX vs. PHTJX
Compare and contrast key facts about Principal Tax-Exempt Bond Fund (PTEAX) and Principal LifeTime Hybrid 2035 Fund (PHTJX).
PTEAX is managed by Principal. It was launched on Jan 2, 1977. PHTJX is managed by Principal. It was launched on Sep 29, 2014.
Performance
PTEAX vs. PHTJX - Performance Comparison
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PTEAX vs. PHTJX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
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% |
PHTJX Principal LifeTime Hybrid 2035 Fund | -3.09% | 15.57% | 12.67% | 16.45% | -17.37% | 15.57% | 15.13% | 22.69% | -8.00% | 18.13% |
Returns By Period
In the year-to-date period, PTEAX achieves a -1.06% return, which is significantly higher than PHTJX's -3.09% return. Over the past 10 years, PTEAX has underperformed PHTJX with an annualized return of 1.93%, while PHTJX has yielded a comparatively higher 8.68% 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%
PHTJX
- 1D
- -0.07%
- 1M
- -6.23%
- YTD
- -3.09%
- 6M
- -0.84%
- 1Y
- 12.31%
- 3Y*
- 11.60%
- 5Y*
- 6.12%
- 10Y*
- 8.68%
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PTEAX vs. PHTJX - Expense Ratio Comparison
PTEAX has a 0.73% expense ratio, which is higher than PHTJX's 0.05% expense ratio.
Return for Risk
PTEAX vs. PHTJX — Risk / Return Rank
PTEAX
PHTJX
PTEAX vs. PHTJX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Principal Tax-Exempt Bond Fund (PTEAX) and Principal LifeTime Hybrid 2035 Fund (PHTJX). 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.
| PTEAX | PHTJX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.84 | 1.10 | -0.27 |
Sortino ratioReturn per unit of downside risk | 1.14 | 1.62 | -0.48 |
Omega ratioGain probability vs. loss probability | 1.23 | 1.23 | -0.01 |
Calmar ratioReturn relative to maximum drawdown | 0.92 | 1.32 | -0.40 |
Martin ratioReturn relative to average drawdown | 2.97 | 6.45 | -3.48 |
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
| PTEAX | PHTJX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.84 | 1.10 | -0.27 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.07 | 0.52 | -0.45 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.44 | 0.70 | -0.26 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.31 | 0.63 | -0.33 |
Correlation
The correlation between PTEAX and PHTJX is 0.02, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
PTEAX vs. PHTJX - Dividend Comparison
PTEAX's dividend yield for the trailing twelve months is around 3.89%, less than PHTJX's 4.83% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
PHTJX Principal LifeTime Hybrid 2035 Fund | 4.83% | 4.68% | 4.09% | 3.37% | 8.44% | 4.96% | 3.98% | 3.71% | 4.01% | 2.31% | 1.99% | 1.67% |
Drawdowns
PTEAX vs. PHTJX - Drawdown Comparison
The maximum PTEAX drawdown since its inception was -38.72%, which is greater than PHTJX's maximum drawdown of -27.17%. Use the drawdown chart below to compare losses from any high point for PTEAX and PHTJX.
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Drawdown Indicators
| PTEAX | PHTJX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.72% | -27.17% | -11.55% |
Max Drawdown (1Y)Largest decline over 1 year | -4.78% | -8.63% | +3.85% |
Max Drawdown (5Y)Largest decline over 5 years | -17.37% | -23.12% | +5.75% |
Max Drawdown (10Y)Largest decline over 10 years | -17.37% | -27.17% | +9.80% |
Current DrawdownCurrent decline from peak | -2.95% | -6.47% | +3.52% |
Average DrawdownAverage peak-to-trough decline | -5.95% | -4.24% | -1.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.49% | 1.77% | -0.28% |
Volatility
PTEAX vs. PHTJX - Volatility Comparison
The current volatility for Principal Tax-Exempt Bond Fund (PTEAX) is 1.01%, while Principal LifeTime Hybrid 2035 Fund (PHTJX) has a volatility of 3.73%. This indicates that PTEAX experiences smaller price fluctuations and is considered to be less risky than PHTJX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PTEAX | PHTJX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.01% | 3.73% | -2.72% |
Volatility (6M)Calculated over the trailing 6-month period | 1.80% | 6.47% | -4.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.92% | 11.39% | -6.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.96% | 11.75% | -7.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.39% | 12.47% | -8.08% |