USMC
Principal Exchange-Traded Funds Principal U.S. Mega-Cap ETF
📎 Investment Objective
The Principal U.S. Mega-Cap ETF (USMC) seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Nasdaq US Mega Cap Index.
Overview
ETF tracking Principal Exchange-Traded Funds Principal U.S. Mega-Cap ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Principal U.S. Mega-Cap ETF (USMC) seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Nasdaq US Mega Cap Index.
🎯 Investment Strategy
The ETF invests in a portfolio of large-capitalization U.S. stocks that are constituents of the Nasdaq US Mega Cap Index. The index is designed to track the performance of the largest U.S. companies by market capitalization.
✨ Key Features
- Exposure to the largest U.S. companies by market cap
- Passively managed to track the Nasdaq US Mega Cap Index
- Low expense ratio of 0.00%
- Suitable for core large-cap equity allocation
⚠️ Primary Risks
- Market risk: The value of the ETF's holdings may decline due to general market conditions
- Concentration risk: The ETF is heavily concentrated in the largest U.S. companies
- Tracking error risk: The ETF may not perfectly track its underlying index
- Liquidity risk: Shares may trade at prices different from the fund's net asset value
👤 Best For
This ETF may be suitable for long-term investors seeking broad exposure to the largest U.S. companies as part of a diversified portfolio. It may be appropriate for investors with a moderate to high risk tolerance who are looking for core large-cap equity exposure.