Principal U.S. Mega-Cap ETF
Name
As of 04/17/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
5.6%
1 yr return
23.6%
3 Yr Avg Return
10.1%
5 Yr Avg Return
13.5%
Net Assets
$2.28 B
Holdings in Top 10
42.3%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.15%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 42.90%
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 04/17/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
USMC - Profile
Distributions
- YTD Total Return 5.6%
- 3 Yr Annualized Total Return 10.1%
- 5 Yr Annualized Total Return 13.5%
- Capital Gain Distribution Frequency Quarterly
- Net Income Ratio 1.67%
- Dividend Yield 1.5%
- Dividend Distribution Frequency Other
Fund Details
-
Legal NamePrincipal U.S. Mega-Cap ETF
-
Fund Family NamePrincipal Funds
-
Inception DateOct 11, 2017
-
Shares Outstanding37500001
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJeffrey Schwarte
Fund Description
USMC - Performance
Return Ranking - Trailing
Period | USMC Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 5.6% | -47.2% | 13.8% | 57.37% |
1 Yr | 23.6% | -38.4% | 44.8% | 29.43% |
3 Yr | 10.1%* | -15.0% | 26.9% | 2.19% |
5 Yr | 13.5%* | -8.9% | 106.7% | 15.68% |
10 Yr | N/A* | 0.2% | 20.6% | 72.64% |
* Annualized
Return Ranking - Calendar
Period | USMC Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 29.7% | -42.6% | 47.4% | 2.00% |
2022 | -18.6% | -56.3% | -4.2% | 21.15% |
2021 | 24.2% | -27.2% | 53.7% | 18.01% |
2020 | 14.0% | -36.2% | 2181.7% | 36.66% |
2019 | 24.7% | -22.7% | 40.4% | 41.35% |
Total Return Ranking - Trailing
Period | USMC Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 5.6% | -47.2% | 13.8% | 57.37% |
1 Yr | 23.6% | -38.4% | 44.8% | 29.43% |
3 Yr | 10.1%* | -15.0% | 26.9% | 2.19% |
5 Yr | 13.5%* | -8.9% | 106.7% | 15.68% |
10 Yr | N/A* | 0.2% | 20.6% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | USMC Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 31.6% | -5.0% | 47.4% | 4.47% |
2022 | -17.2% | -36.8% | -2.2% | 40.71% |
2021 | 26.3% | 3.0% | 124.3% | 53.46% |
2020 | 16.1% | -15.8% | 2266.0% | 55.63% |
2019 | 27.4% | -0.4% | 241.3% | 74.53% |
USMC - Holdings
Concentration Analysis
USMC | Category Low | Category High | USMC % Rank | |
---|---|---|---|---|
Net Assets | 2.28 B | 2.34 M | 1.55 T | 41.44% |
Number of Holdings | 43 | 1 | 4053 | 87.36% |
Net Assets in Top 10 | 863 M | 885 K | 387 B | 38.23% |
Weighting of Top 10 | 42.32% | 0.3% | 112.0% | 18.12% |
Top 10 Holdings
- Apple, Inc. 7.10%
- Microsoft Corp. 6.94%
- Adobe, Inc. 4.36%
- Alphabet, Inc. 3.66%
- Costco Wholesale Corp. 3.60%
- Accenture PLC 3.51%
- NVIDIA Corp. 3.48%
- Broadcom, Inc. 3.36%
- Meta Platforms, Inc. 3.16%
- Mastercard, Inc. 3.14%
Asset Allocation
Weighting | Return Low | Return High | USMC % Rank | |
---|---|---|---|---|
Stocks | 99.75% | 0.00% | 124.03% | 13.97% |
Cash | 0.38% | 0.00% | 99.06% | 75.12% |
Preferred Stocks | 0.00% | 0.00% | 2.38% | 24.10% |
Other | 0.00% | -13.91% | 100.00% | 51.33% |
Convertible Bonds | 0.00% | 0.00% | 5.54% | 19.45% |
Bonds | 0.00% | -0.50% | 93.78% | 24.57% |
Stock Sector Breakdown
Weighting | Return Low | Return High | USMC % Rank | |
---|---|---|---|---|
Healthcare | 26.49% | 0.00% | 60.70% | 0.64% |
Technology | 22.47% | 0.00% | 48.94% | 65.02% |
Financial Services | 14.60% | 0.00% | 55.59% | 33.23% |
Consumer Defense | 14.23% | 0.00% | 47.71% | 3.59% |
Communication Services | 11.64% | 0.00% | 27.94% | 10.46% |
Energy | 5.77% | 0.00% | 41.64% | 15.97% |
Consumer Cyclical | 4.79% | 0.00% | 30.33% | 93.61% |
Utilities | 0.00% | 0.00% | 20.91% | 89.46% |
Real Estate | 0.00% | 0.00% | 31.91% | 90.34% |
Industrials | 0.00% | 0.00% | 29.90% | 99.68% |
Basic Materials | 0.00% | 0.00% | 25.70% | 95.13% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | USMC % Rank | |
---|---|---|---|---|
US | 99.75% | 0.00% | 124.03% | 11.54% |
Non US | 0.00% | 0.00% | 62.81% | 37.05% |
USMC - Expenses
Operational Fees
USMC Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.15% | 0.01% | 16.07% | 90.68% |
Management Fee | 0.15% | 0.00% | 1.89% | 14.27% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.00% | 0.85% | N/A |
Sales Fees
USMC 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% | 5.00% | N/A |
Trading Fees
USMC 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.
USMC Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 42.90% | 0.00% | 496.00% | 70.24% |
USMC - Distributions
Dividend Yield Analysis
USMC | Category Low | Category High | USMC % Rank | |
---|---|---|---|---|
Dividend Yield | 1.47% | 0.00% | 25.84% | 52.08% |
Dividend Distribution Analysis
USMC | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Other | Annual | Monthly | Annual |
Net Income Ratio Analysis
USMC | Category Low | Category High | USMC % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.67% | -54.00% | 6.06% | 2.96% |
Capital Gain Distribution Analysis
USMC | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Quarterly | Annually | Monthly | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Apr 04, 2024 | $0.155 | OrdinaryDividend |
Jan 02, 2024 | $0.181 | OrdinaryDividend |
Oct 05, 2023 | $0.143 | OrdinaryDividend |
Jul 07, 2023 | $0.154 | OrdinaryDividend |
Apr 06, 2023 | $0.152 | OrdinaryDividend |
Jan 03, 2023 | $0.139 | OrdinaryDividend |
Oct 06, 2022 | $0.159 | OrdinaryDividend |
Jul 07, 2022 | $0.178 | OrdinaryDividend |
Apr 06, 2022 | $0.167 | OrdinaryDividend |
Jan 03, 2022 | $0.199 | OrdinaryDividend |
Oct 06, 2021 | $0.163 | OrdinaryDividend |
Jul 07, 2021 | $0.171 | OrdinaryDividend |
Apr 07, 2021 | $0.147 | OrdinaryDividend |
Jan 04, 2021 | $0.130 | OrdinaryDividend |
Oct 06, 2020 | $0.139 | OrdinaryDividend |
Jul 07, 2020 | $0.139 | OrdinaryDividend |
Apr 06, 2020 | $0.147 | OrdinaryDividend |
Jan 02, 2020 | $0.159 | OrdinaryDividend |
Oct 04, 2019 | $0.166 | OrdinaryDividend |
Jul 05, 2019 | $0.162 | OrdinaryDividend |
Apr 04, 2019 | $0.152 | OrdinaryDividend |
Jan 02, 2019 | $0.171 | OrdinaryDividend |
Oct 04, 2018 | $0.168 | OrdinaryDividend |
Jul 06, 2018 | $0.132 | OrdinaryDividend |
Apr 05, 2018 | $0.100 | OrdinaryDividend |
Jan 02, 2018 | $0.063 | OrdinaryDividend |
USMC - Fund Manager Analysis
Managers
Jeffrey Schwarte
Start Date
Tenure
Tenure Rank
Oct 11, 2017
4.64
4.6%
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 | 7.23 | 2.42 |