PSET

Principal Exchange-Traded Funds Principal Quality ETF

$75.36
+0.00%
Market closed. Last update: 10:50 PM ET

📎 Investment Objective

The Principal Quality ETF seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Nasdaq US Quality Leaders Index.

Overview

ETF tracking Principal Exchange-Traded Funds Principal Quality ETF

Category Other
Issuer Other
Inception Date 2016-03-22
Market Cap $52.8M
Average Volume N/A
Dividend Yield 0.57%
52-Week Range $58.64 - $77.89
VWAP $75.25

Performance

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Investment Summary

📎 Investment Objective

The Principal Quality ETF seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Nasdaq US Quality Leaders Index.

🎯 Investment Strategy

The ETF invests in a portfolio of stocks that are selected based on quality factors such as profitability, earnings quality, and management efficiency. The index aims to identify high-quality U.S. companies that exhibit sustainable growth characteristics.

✨ Key Features

  • Focuses on high-quality U.S. stocks with strong fundamentals
  • Seeks to track the Nasdaq US Quality Leaders Index
  • Low expense ratio of 0.00%
  • Relatively new ETF with limited performance history

⚠️ Primary Risks

  • Market risk: The value of the ETF's holdings may decline due to general market conditions
  • Concentration risk: The ETF's performance may be more volatile due to its focus on a specific market segment
  • Tracking error risk: The ETF may not perfectly track its underlying index
  • Liquidity risk: The ETF may have difficulty trading certain securities at an advantageous time or price

👤 Best For

The Principal Quality ETF may be suitable for investors seeking exposure to a portfolio of high-quality U.S. stocks with the potential for long-term capital appreciation. Investors should have a moderate to long-term investment horizon and be willing to accept the risks associated with equity investing.