SSCNX vs. PMTIX
Compare and contrast key facts about State Street Target Retirement 2040 Fund (SSCNX) and Principal LifeTime 2030 Fund (PMTIX).
SSCNX is managed by State Street. It was launched on Sep 29, 2014. PMTIX is managed by Principal. It was launched on Feb 28, 2001.
Performance
SSCNX vs. PMTIX - Performance Comparison
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SSCNX vs. PMTIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SSCNX State Street Target Retirement 2040 Fund | -3.19% | 19.00% | 11.21% | 17.68% | -18.55% | 11.75% | 18.72% | 24.61% | -7.45% | 18.32% |
PMTIX Principal LifeTime 2030 Fund | -3.15% | 13.25% | 12.86% | 15.11% | -16.81% | 12.70% | 14.71% | 22.40% | -7.45% | 18.41% |
Returns By Period
The year-to-date returns for both investments are quite close, with SSCNX having a -3.19% return and PMTIX slightly higher at -3.15%. Over the past 10 years, SSCNX has outperformed PMTIX with an annualized return of 9.12%, while PMTIX has yielded a comparatively lower 8.05% annualized return.
SSCNX
- 1D
- 0.13%
- 1M
- -7.61%
- YTD
- -3.19%
- 6M
- -0.76%
- 1Y
- 14.96%
- 3Y*
- 12.29%
- 5Y*
- 5.96%
- 10Y*
- 9.12%
PMTIX
- 1D
- 0.00%
- 1M
- -5.66%
- YTD
- -3.15%
- 6M
- -1.49%
- 1Y
- 9.21%
- 3Y*
- 10.71%
- 5Y*
- 5.31%
- 10Y*
- 8.05%
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SSCNX vs. PMTIX - Expense Ratio Comparison
SSCNX has a 0.20% expense ratio, which is higher than PMTIX'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%.
Return for Risk
SSCNX vs. PMTIX — Risk / Return Rank
SSCNX
PMTIX
SSCNX vs. PMTIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for State Street Target Retirement 2040 Fund (SSCNX) and Principal LifeTime 2030 Fund (PMTIX). 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.
| SSCNX | PMTIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.17 | 0.95 | +0.22 |
Sortino ratioReturn per unit of downside risk | 1.71 | 1.41 | +0.31 |
Omega ratioGain probability vs. loss probability | 1.26 | 1.20 | +0.06 |
Calmar ratioReturn relative to maximum drawdown | 1.45 | 1.12 | +0.33 |
Martin ratioReturn relative to average drawdown | 6.60 | 5.30 | +1.30 |
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
| SSCNX | PMTIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.17 | 0.95 | +0.22 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.47 | 0.51 | -0.03 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.68 | 0.72 | -0.04 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.61 | 0.47 | +0.14 |
Correlation
The correlation between SSCNX and PMTIX is 0.96, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
SSCNX vs. PMTIX - Dividend Comparison
SSCNX's dividend yield for the trailing twelve months is around 7.45%, less than PMTIX's 10.01% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SSCNX State Street Target Retirement 2040 Fund | 7.45% | 7.21% | 4.97% | 3.78% | 5.39% | 5.58% | 4.63% | 6.31% | 5.11% | 0.38% | 1.77% | 1.96% |
PMTIX Principal LifeTime 2030 Fund | 10.01% | 9.69% | 9.60% | 4.26% | 10.05% | 8.87% | 6.37% | 6.49% | 8.21% | 5.87% | 3.97% | 9.44% |
Drawdowns
SSCNX vs. PMTIX - Drawdown Comparison
The maximum SSCNX drawdown since its inception was -27.49%, smaller than the maximum PMTIX drawdown of -52.14%. Use the drawdown chart below to compare losses from any high point for SSCNX and PMTIX.
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Drawdown Indicators
| SSCNX | PMTIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.49% | -52.14% | +24.65% |
Max Drawdown (1Y)Largest decline over 1 year | -9.47% | -7.49% | -1.98% |
Max Drawdown (5Y)Largest decline over 5 years | -26.14% | -23.05% | -3.09% |
Max Drawdown (10Y)Largest decline over 10 years | -27.49% | -25.87% | -1.62% |
Current DrawdownCurrent decline from peak | -7.84% | -5.85% | -1.99% |
Average DrawdownAverage peak-to-trough decline | -4.82% | -6.83% | +2.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.09% | 1.59% | +0.50% |
Volatility
SSCNX vs. PMTIX - Volatility Comparison
State Street Target Retirement 2040 Fund (SSCNX) has a higher volatility of 4.15% compared to Principal LifeTime 2030 Fund (PMTIX) at 3.33%. This indicates that SSCNX's price experiences larger fluctuations and is considered to be riskier than PMTIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SSCNX | PMTIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.15% | 3.33% | +0.82% |
Volatility (6M)Calculated over the trailing 6-month period | 7.17% | 5.61% | +1.56% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.82% | 9.78% | +3.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.66% | 10.53% | +2.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.41% | 11.19% | +2.22% |