PSC
Principal Exchange-Traded Funds Principal U.S. Small-Cap ETF
📎 Investment Objective
The Principal U.S. Small-Cap ETF (PSC) seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Nasdaq US Small Cap Select Leaders Index.
Overview
ETF tracking Principal Exchange-Traded Funds Principal U.S. Small-Cap ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Principal U.S. Small-Cap ETF (PSC) seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Nasdaq US Small Cap Select Leaders Index.
🎯 Investment Strategy
The ETF employs a passive management (or index-tracking) investment approach, attempting to track the performance of the underlying index by investing in a representative sample of the securities included in the index. The index is designed to provide exposure to U.S. small-capitalization stocks that exhibit certain 'quality' characteristics.
✨ Key Features
- Focuses on U.S. small-cap stocks that meet specific quality criteria
- Passively managed to track the Nasdaq US Small Cap Select Leaders Index
- Low expense ratio of 0.00%
- Relatively new ETF with limited performance history
⚠️ Primary Risks
- Concentration risk as the fund is focused on a specific segment of the U.S. equity market
- Potential for higher volatility compared to broader market indexes due to small-cap exposure
- Tracking error risk as the fund may not perfectly replicate the performance of the underlying index
- Limited performance history makes it difficult to evaluate long-term returns and risk
👤 Best For
The Principal U.S. Small-Cap ETF may be suitable for investors seeking exposure to a portfolio of high-quality U.S. small-cap stocks as part of a diversified investment strategy. However, due to the fund's limited track record, it may be more appropriate for investors with a higher risk tolerance and a longer investment horizon.