PVMIX vs. CISMX
PVMIX (Principal MidCap Value Fund I) and CISMX (Clarkston Partners Fund) are both Mid Cap Value Equities funds. Over the past 10 years, PVMIX returned 12.71%/yr vs 6.75%/yr for CISMX. Their correlation of 0.85 means they have usually moved in the same direction. PVMIX charges 0.69%/yr vs 1.00%/yr for CISMX.
Performance
PVMIX vs. CISMX - Performance Comparison
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Returns By Period
In the year-to-date period, PVMIX achieves a 16.66% return, which is significantly higher than CISMX's 9.91% return. Over the past 10 years, PVMIX has outperformed CISMX with an annualized return of 12.71%, while CISMX has yielded a comparatively lower 6.75% annualized return.
PVMIX
- 1D
- 0.62%
- 1M
- 1.64%
- 6M
- 9.66%
- YTD
- 16.66%
- 1Y
- 20.35%
- 3Y*
- 19.94%
- 5Y*
- 12.99%
- 10Y*
- 12.71%
- ALL TIME*
- 10.84%
CISMX
- 1D
- 0.65%
- 1M
- 0.87%
- 6M
- 8.20%
- YTD
- 9.91%
- 1Y
- 10.88%
- 3Y*
- 3.24%
- 5Y*
- 2.02%
- 10Y*
- 6.75%
- ALL TIME*
- 7.36%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
PVMIX vs. CISMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PVMIX Principal MidCap Value Fund I | 16.66% | 6.09% | 33.38% | 11.04% | -5.95% | 30.97% | 6.50% | 26.69% | -11.07% | 14.63% |
CISMX Clarkston Partners Fund | 9.91% | -8.37% | 4.49% | 6.41% | -0.40% | 7.94% | 17.42% | 23.98% | -7.25% | 12.84% |
Correlation
The correlation between PVMIX and CISMX is 0.62, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.62 |
Correlation (3Y) Balances recent behavior with more history. | 0.74 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.81 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.84 |
Correlation (All Time) Calculated using the full available price history since Sep 22, 2015 | 0.85 |
Over the past year, the correlation between PVMIX and CISMX has dropped to 0.62 - well below their long-term average of 0.85, suggesting their price drivers have been diverging.
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Return for Risk
PVMIX vs. CISMX — Risk / Return Rank
PVMIX
CISMX
PVMIX vs. CISMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Principal MidCap Value Fund I (PVMIX) and Clarkston Partners Fund (CISMX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PVMIX | CISMX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.20 | ||
| Sortino ratioReturn per unit of downside risk | +1.66 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.13 | +0.21 |
| Calmar ratioReturn relative to maximum drawdown | 2.98 | 1.21 | +1.77 |
| Martin ratioReturn relative to average drawdown | 10.73 | 2.63 | +8.10 |
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Drawdowns
PVMIX vs. CISMX - Drawdown Comparison
The maximum PVMIX drawdown since its inception was -56.76%, which is greater than CISMX's maximum drawdown of -33.80%. Use the drawdown chart below to compare losses from any high point for PVMIX and CISMX.
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Drawdown Indicators
| PVMIX | CISMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.76% | -33.80% | -22.96% |
Max Drawdown (1Y)Largest decline over 1 year | -7.37% | -10.54% | +3.17% |
Max Drawdown (3Y)Largest decline over 3 years | -16.78% | -21.19% | +4.41% |
Max Drawdown (5Y)Largest decline over 5 years | -17.05% | -21.19% | +4.14% |
Max Drawdown (10Y)Largest decline over 10 years | -41.34% | -33.80% | -7.54% |
Current DrawdownCurrent decline from peak | -0.39% | -5.92% | +5.53% |
Average DrawdownAverage peak-to-trough decline | -6.79% | -6.75% | -0.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.04% | 4.83% | -2.79% |
Volatility
PVMIX vs. CISMX - Volatility Comparison
The current volatility for Principal MidCap Value Fund I (PVMIX) is 2.24%, while Clarkston Partners Fund (CISMX) has a volatility of 8.06%. This indicates that PVMIX experiences smaller price fluctuations and is considered to be less risky than CISMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PVMIX | CISMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.24% | 8.06% | -5.82% |
Volatility (6M)Calculated over the trailing 6-month period | 8.36% | 15.22% | -6.86% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.74% | 18.91% | -7.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.10% | 17.89% | +0.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.14% | 18.46% | +0.68% |
PVMIX vs. CISMX - Expense Ratio Comparison
PVMIX has a 0.69% expense ratio, which is lower than CISMX's 1.00% expense ratio.
Dividends
PVMIX vs. CISMX - Dividend Comparison
PVMIX's dividend yield for the trailing twelve months is around 6.19%, more than CISMX's 4.23% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CISMX Clarkston Partners Fund | 4.23% | 4.65% | 1.05% | 3.76% | 16.95% | 0.81% | 3.73% | 3.79% | 7.15% | 1.30% | 1.17% | 0.09% |
PVMIX Principal MidCap Value Fund I | 6.19% | 7.22% | 33.98% | 4.63% | 7.12% | 11.44% | 1.38% | 5.11% | 13.23% | 6.92% | 1.58% | 11.19% |
Frequently Asked Questions
PVMIX and CISMX have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CISMX has higher volatility (8.06%) compared to PVMIX (2.24%). In terms of maximum drawdown, PVMIX dropped -56.76% vs CISMX's -33.80%.
PVMIX currently has the higher Sharpe Ratio (1.88 vs 0.68), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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