PVQNX vs. PLTZX
PVQNX (PIMCO RealPath Blend 2045 Fund) and PLTZX (Principal LifeTime 2060 Fund) are both Target Retirement Date funds. Over the past 10 years, PVQNX returned 11.01%/yr vs 11.62%/yr for PLTZX. With a 0.96 correlation, they move nearly in lockstep. PVQNX charges 0.06%/yr vs 0.01%/yr for PLTZX.
Performance
PVQNX vs. PLTZX - Performance Comparison
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Returns By Period
In the year-to-date period, PVQNX achieves a 10.56% return, which is significantly higher than PLTZX's 8.77% return. Over the past 10 years, PVQNX has underperformed PLTZX with an annualized return of 11.01%, while PLTZX has yielded a comparatively higher 11.62% annualized return.
PVQNX
- 1D
- 0.46%
- 1M
- -0.60%
- 6M
- 10.56%
- YTD
- 10.56%
- 1Y
- 21.32%
- 3Y*
- 16.85%
- 5Y*
- 9.20%
- 10Y*
- 11.01%
PLTZX
- 1D
- 0.74%
- 1M
- -0.39%
- 6M
- 8.77%
- YTD
- 8.77%
- 1Y
- 17.69%
- 3Y*
- 17.09%
- 5Y*
- 8.83%
- 10Y*
- 11.62%
PVQNX vs. PLTZX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PVQNX PIMCO RealPath Blend 2045 Fund | 10.56% | 19.82% | 13.19% | 19.01% | -17.27% | 17.71% | 13.93% | 24.43% | -7.44% | 19.64% |
PLTZX Principal LifeTime 2060 Fund | 8.77% | 17.76% | 16.89% | 20.36% | -18.81% | 18.12% | 16.60% | 27.54% | -9.24% | 22.68% |
Correlation
The correlation between PVQNX and PLTZX is 0.97 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.97 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.96 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.97 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.97 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2015 | 0.96 |
The correlation between PVQNX and PLTZX has been stable across timeframes, ranging from 0.96 to 0.97 - a consistent structural relationship.
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Return for Risk
PVQNX vs. PLTZX — Risk / Return Rank
PVQNX
PLTZX
PVQNX vs. PLTZX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO RealPath Blend 2045 Fund (PVQNX) and Principal LifeTime 2060 Fund (PLTZX). 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.
| PVQNX | PLTZX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.52 | ||
| Sortino ratioReturn per unit of downside risk | +0.65 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.27 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 2.62 | 2.06 | +0.56 |
| Martin ratioReturn relative to average drawdown | 11.32 | 8.95 | +2.37 |
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Drawdowns
PVQNX vs. PLTZX - Drawdown Comparison
The maximum PVQNX drawdown since its inception was -30.68%, smaller than the maximum PLTZX drawdown of -34.01%. Use the drawdown chart below to compare losses from any high point for PVQNX and PLTZX.
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Drawdown Indicators
| PVQNX | PLTZX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.68% | -34.01% | +3.33% |
Max Drawdown (1Y)Largest decline over 1 year | -8.24% | -8.70% | +0.46% |
Max Drawdown (3Y)Largest decline over 3 years | -13.61% | -15.73% | +2.12% |
Max Drawdown (5Y)Largest decline over 5 years | -25.30% | -26.79% | +1.49% |
Max Drawdown (10Y)Largest decline over 10 years | -30.68% | -34.01% | +3.33% |
Current DrawdownCurrent decline from peak | -0.95% | -0.82% | -0.13% |
Average DrawdownAverage peak-to-trough decline | -4.59% | -4.61% | +0.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.90% | 2.00% | -0.10% |
Volatility
PVQNX vs. PLTZX - Volatility Comparison
The current volatility for PIMCO RealPath Blend 2045 Fund (PVQNX) is 4.65%, while Principal LifeTime 2060 Fund (PLTZX) has a volatility of 5.18%. This indicates that PVQNX experiences smaller price fluctuations and is considered to be less risky than PLTZX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PVQNX | PLTZX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.65% | 5.18% | -0.53% |
Volatility (6M)Calculated over the trailing 6-month period | 9.22% | 10.47% | -1.25% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.08% | 12.54% | -1.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.67% | 15.59% | -1.92% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.23% | 15.94% | -1.71% |
PVQNX vs. PLTZX - Expense Ratio Comparison
PVQNX has a 0.06% expense ratio, which is higher than PLTZX's 0.01% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
PVQNX vs. PLTZX - Dividend Comparison
PVQNX's dividend yield for the trailing twelve months is around 4.75%, less than PLTZX's 7.66% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PLTZX Principal LifeTime 2060 Fund | 7.66% | 8.33% | 7.85% | 4.12% | 8.44% | 5.29% | 3.60% | 5.86% | 5.75% | 2.73% | 3.48% | 3.29% |
PVQNX PIMCO RealPath Blend 2045 Fund | 4.75% | 4.23% | 4.22% | 2.37% | 2.62% | 5.08% | 1.41% | 3.82% | 6.65% | 2.10% | 2.43% | 2.18% |
Frequently Asked Questions
With a correlation of 0.97, PVQNX and PLTZX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
PLTZX has higher volatility (5.18%) compared to PVQNX (4.65%). In terms of maximum drawdown, PVQNX dropped -30.68% vs PLTZX's -34.01%.
PVQNX currently has the higher Sharpe Ratio (1.95 vs 1.43), 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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