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Name

As of 07/17/2026

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Principal Quality ETF

PSET | Active ETF

$76.76

$28.8 M

0.79%

$0.61

0.15%

Vitals

YTD Return

1.0%

1 yr return

4.0%

3 Yr Avg Return

11.2%

5 Yr Avg Return

8.1%

Net Assets

$28.8 M

Holdings in Top 10

28.4%

52 WEEK LOW AND HIGH

$77.8
$67.87
$77.95

Expenses

OPERATING FEES

Expense Ratio 0.15%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 45.10%

Redemption Fee N/A

Min Investment

Standard (Taxable)

N/A

IRA

N/A

Fund Classification

Fund Type

Exchange Traded Fund

Name

As of 07/17/2026

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Principal Quality ETF

PSET | Active ETF

$76.76

$28.8 M

0.79%

$0.61

0.15%

PSET - Profile

Distributions

  • YTD Total Return 1.0%
  • 3 Yr Annualized Total Return 11.2%
  • 5 Yr Annualized Total Return 8.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.22%
DIVIDENDS
  • Dividend Yield 0.8%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Principal Quality ETF
  • Fund Family Name
    Principal Funds
  • Inception Date
    Mar 21, 2016
  • Shares Outstanding
    1000001
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Jeffrey Schwarte

Fund Description

The Fund is considered non-diversified, which means it can invest a higher percentage of assets in securities of individual issuers than a diversified fund. As a result, changes in the value of a single investment could cause greater fluctuations in the Fund's share price than would occur in a more diversified fund.
Read More

PSET - Performance

Return Ranking - Trailing

Period PSET Return Category Return Low Category Return High Rank in Category (%)
YTD 1.0% -10.1% 30.4% 97.51%
1 Yr 4.0% -11.9% 65.6% 97.24%
3 Yr 11.2%* 1.2% 33.6% 91.62%
5 Yr 8.1%* -1.2% 18.9% 88.47%
10 Yr 12.5%* 5.8% 55.4% 71.84%

* Annualized

Return Ranking - Calendar

Period PSET Return Category Return Low Category Return High Rank in Category (%)
2025 6.6% -25.2% 36.9% 55.83%
2024 16.8% -51.6% 37.0% 36.87%
2023 22.9% -15.6% 47.4% 29.46%
2022 -17.8% -50.3% 1.1% 15.75%
2021 28.3% -27.2% 537.8% 3.66%

Total Return Ranking - Trailing

Period PSET Return Category Return Low Category Return High Rank in Category (%)
YTD 1.0% -10.1% 30.4% 97.51%
1 Yr 4.0% -11.9% 65.6% 97.24%
3 Yr 11.2%* 1.2% 33.6% 91.62%
5 Yr 8.1%* -1.2% 18.9% 88.47%
10 Yr 12.5%* 5.8% 55.4% 71.84%

* Annualized

Total Return Ranking - Calendar

Period PSET Return Category Return Low Category Return High Rank in Category (%)
2025 7.3% -3.4% 43.4% 94.39%
2024 17.7% -20.1% 44.5% 77.03%
2023 24.1% 0.3% 47.4% 53.66%
2022 -16.5% -31.9% 11.0% 35.28%
2021 29.6% 4.1% 537.8% 13.19%

PSET - Holdings

Concentration Analysis

PSET Category Low Category High PSET % Rank
Net Assets 28.8 M 3.86 M 2.3 T 99.02%
Number of Holdings 72 2 3885 66.52%
Net Assets in Top 10 8.32 M 1.49 M 639 B 99.38%
Weighting of Top 10 28.43% 2.5% 102.7% 91.06%

Top 10 Holdings

  1. NVIDIA Corp. 6.13%
  2. Apple, Inc. 5.24%
  3. Microsoft Corp. 3.56%
  4. Alphabet, Inc. 2.73%
  5. Amazon.com, Inc. 2.14%
  6. Visa, Inc. 2.03%
  7. Mastercard, Inc. 1.85%
  8. Applied Materials, Inc. 1.71%
  9. General Electric Co. 1.56%
  10. TJX Cos., Inc. 1.48%

Asset Allocation

Weighting Return Low Return High PSET % Rank
Stocks 		99.74% 0.00% 105.13% 18.34%
Cash 		0.26% 0.00% 69.97% 76.76%
Preferred Stocks 		0.00% 0.00% 5.74% 50.04%
Other 		0.00% -13.91% 100.00% 57.97%
Convertible Bonds 		0.00% 0.00% 5.54% 46.83%
Bonds 		0.00% 0.00% 136.21% 49.24%

Stock Sector Breakdown

Weighting Return Low Return High PSET % Rank
Financial Services 		18.67% 0.00% 55.59% 10.08%
Healthcare 		18.56% 0.00% 52.29% 11.72%
Industrials 		16.22% 0.00% 29.90% 5.09%
Technology 		12.72% 0.00% 48.94% 94.01%
Consumer Cyclical 		12.07% 0.00% 30.33% 17.08%
Consumer Defense 		9.88% 0.00% 47.71% 11.08%
Real Estate 		5.21% 0.00% 31.91% 5.45%
Basic Materials 		2.86% 0.00% 19.45% 36.78%
Utilities 		2.27% 0.00% 15.25% 60.40%
Communication Services 		1.53% 0.00% 27.94% 96.82%
Energy 		0.00% 0.00% 41.64% 92.28%

Stock Geographic Breakdown

Weighting Return Low Return High PSET % Rank
US 		99.74% 0.00% 101.47% 15.49%
Non US 		0.00% 0.00% 70.69% 56.54%

PSET - Expenses

Operational Fees

PSET Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.15% 0.01% 4.93% 89.96%
Management Fee 0.15% 0.00% 1.89% 16.91%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.85% N/A

Sales Fees

PSET Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

PSET Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.25% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

PSET Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 45.10% 0.00% 268.00% 73.06%

PSET - Distributions

Dividend Yield Analysis

PSET Category Low Category High PSET % Rank
Dividend Yield 0.79% 0.00% 25.47% 69.10%

Dividend Distribution Analysis

PSET Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annual Quarterly Quarterly

Net Income Ratio Analysis

PSET Category Low Category High PSET % Rank
Net Income Ratio 1.22% -54.00% 2.44% 19.75%

Capital Gain Distribution Analysis

PSET Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Semi-Annually

Distributions History

View More +

PSET - Fund Manager Analysis

Managers

Jeffrey Schwarte

Start Date

Tenure

Tenure Rank

Mar 21, 2016

6.2

6.2%

Jeff is a portfolio manager at Principal Global Equities. Jeff is an active member in the group’s research and development activities. He joined the equities group in 2000 as an analyst and named a portfolio manager in 2001. He has been with Principal since 1993. He received a bachelor's degree in accounting from the University of Northern Iowa. Jeff has earned the right to use the CFA designation. He is a Certified Internal Auditor and a Fellow of the Life Management Institute (FLMI). Jeff is a member of the CFA Society of Iowa and the CFA Institute.

Aaron Siebel

Start Date

Tenure

Tenure Rank

Mar 03, 2020

2.24

2.2%

Aaron J. Siebel has been with Principal® since 2005. He earned a BA in Finance from the University of Iowa in 2005.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 39.02 7.32 2.25

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