PVMIX vs. PMAQX
PVMIX (Principal MidCap Value Fund I) and PMAQX (Principal MidCap R6) are both mutual funds - PVMIX is a Mid Cap Value Equities fund managed by Principal, while PMAQX is a Mid Cap Growth Equities fund managed by Principal. Over the past 5 years, PVMIX returned 12.99%/yr vs 4.67%/yr for PMAQX. Their correlation of 0.85 means they have usually moved in the same direction. PVMIX charges 0.69%/yr vs 0.60%/yr for PMAQX.
Performance
PVMIX vs. PMAQX - 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 PMAQX's -2.73% 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%
PMAQX
- 1D
- 1.76%
- 1M
- 0.41%
- 6M
- 0.22%
- YTD
- -2.73%
- 1Y
- -8.09%
- 3Y*
- 10.29%
- 5Y*
- 4.67%
- 10Y*
- —
- ALL TIME*
- 12.38%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
PMAQX Principal MidCap R6 | $0.00 | $0.00 | $0.00 |
| $0.00 | $0.00 | $0.00 |
PVMIX vs. PMAQX - 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% |
PMAQX Principal MidCap R6 | -2.73% | 1.71% | 23.74% | 26.02% | -23.09% | 25.29% | 18.38% | 49.59% | -6.79% | 24.68% |
Correlation
The correlation between PVMIX and PMAQX is 0.72, 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. | 0.72 |
Correlation (3Y) Balances recent behavior with more history. | 0.84 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.86 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 2017 | 0.85 |
The correlation between PVMIX and PMAQX shifts across timeframes, from 0.72 (1 year) to 0.86 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
PVMIX vs. PMAQX — Risk / Return Rank
PVMIX
PMAQX
PVMIX vs. PMAQX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Principal MidCap Value Fund I (PVMIX) and Principal MidCap R6 (PMAQX). 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 | PMAQX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.29 | ||
| Sortino ratioReturn per unit of downside risk | +3.28 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 0.94 | +0.39 |
| Calmar ratioReturn relative to maximum drawdown | 2.98 | -0.33 | +3.31 |
| Martin ratioReturn relative to average drawdown | 10.73 | -0.65 | +11.38 |
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Drawdowns
PVMIX vs. PMAQX - Drawdown Comparison
The maximum PVMIX drawdown since its inception was -56.76%, which is greater than PMAQX's maximum drawdown of -40.56%. Use the drawdown chart below to compare losses from any high point for PVMIX and PMAQX.
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Drawdown Indicators
| PVMIX | PMAQX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.76% | -40.56% | -16.20% |
Max Drawdown (1Y)Largest decline over 1 year | -7.37% | -19.25% | +11.88% |
Max Drawdown (3Y)Largest decline over 3 years | -16.78% | -19.25% | +2.47% |
Max Drawdown (5Y)Largest decline over 5 years | -17.05% | -31.10% | +14.05% |
Max Drawdown (10Y)Largest decline over 10 years | -41.34% | — | — |
Current DrawdownCurrent decline from peak | -0.39% | -9.05% | +8.66% |
Average DrawdownAverage peak-to-trough decline | -6.79% | -6.89% | +0.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.04% | 9.83% | -7.79% |
Volatility
PVMIX vs. PMAQX - Volatility Comparison
The current volatility for Principal MidCap Value Fund I (PVMIX) is 2.24%, while Principal MidCap R6 (PMAQX) has a volatility of 5.29%. This indicates that PVMIX experiences smaller price fluctuations and is considered to be less risky than PMAQX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PVMIX | PMAQX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.24% | 5.29% | -3.05% |
Volatility (6M)Calculated over the trailing 6-month period | 8.36% | 12.15% | -3.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.74% | 15.26% | -3.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.10% | 18.76% | -0.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.14% | 19.43% | -0.29% |
PVMIX vs. PMAQX - Expense Ratio Comparison
PVMIX has a 0.69% expense ratio, which is higher than PMAQX's 0.60% expense ratio.
Dividends
PVMIX vs. PMAQX - Dividend Comparison
PVMIX's dividend yield for the trailing twelve months is around 6.19%, more than PMAQX's 5.96% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PMAQX Principal MidCap R6 | 5.96% | 5.80% | 6.46% | 2.58% | 3.18% | 7.96% | 1.08% | 9.14% | 12.39% | 3.39% | 0.00% | 0.00% |
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 PMAQX have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PMAQX has higher volatility (5.29%) compared to PVMIX (2.24%). In terms of maximum drawdown, PVMIX dropped -56.76% vs PMAQX's -40.56%.
PVMIX currently has the higher Sharpe Ratio (1.88 vs -0.42), 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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