Principal Exchange Traded Funds Etf Profile
| IG Etf | USD 20.89 0.04 0.19% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Principal Exchange is trading at 20.89 as of the 28th of November 2024. This is a 0.19 percent increase since the beginning of the trading day. The etf's lowest day price was 20.86. Principal Exchange has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Principal Exchange Traded Funds are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of December 2022 and ending today, the 28th of November 2024. Click here to learn more.
The fund is an actively managed exchange-traded fund that seeks to achieve its investment objective by investing, under normal circumstances, at least 80 percent of its net assets, plus any borrowings for investment purposes, in investment grade corporate bonds and other fixed income securities at the time of purchase. The company has 52.86 M outstanding shares of which 10.22 M shares are currently sold short in the market by investors with about 0.0 days to cover all shorted shares. More on Principal Exchange Traded Funds
Moving together with Principal Etf
| 0.99 | LQD | iShares iBoxx Investment Aggressive Push | PairCorr |
| 0.99 | IGIB | iShares 5 10 | PairCorr |
| 1.0 | USIG | iShares Broad USD | PairCorr |
| 0.99 | SPIB | SPDR Barclays Interm | PairCorr |
| 1.0 | SUSC | iShares ESG USD | PairCorr |
| 0.99 | QLTA | iShares Aaa | PairCorr |
Moving against Principal Etf
Principal Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Broad Debt ETFs, Investment Grade ETFs, Corporate Bond, Principal Funds (View all Sectors) |
| Issuer | Principal |
| Inception Date | 2018-04-18 |
| Benchmark | Not Applicable |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 90.42 Million |
| Average Trading Valume | 18,266.8 |
| Asset Type | Fixed Income |
| Category | Broad Debt |
| Focus | Investment Grade |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | Principal Global Investors, LLC |
| Advisor | Principal Global Investors, LLC |
| Custodian | State Street Bank and Trust Company |
| Distributor | ALPS Distributors, Inc. |
| Portfolio Manager | John R. Friedl, Paul S. Kim, Daniela Spassova, Timothy Warrick |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 30-Jun |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 206 |
| Market Maker | Jane Street |
| Total Expense | 0.19 |
| Management Fee | 0.19 |
| Country Name | USA |
| Returns Y T D | 3.74 |
| Currency Code | USD |
| Open Figi | BBG00KN7G3Y3 |
| In Threey Volatility | 9.71 |
| 1y Volatility | 8.62 |
| 200 Day M A | 20.6981 |
| 50 Day M A | 20.9978 |
| Code | IG |
| Updated At | 27th of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.67) |
Principal Exchange Traded Funds [IG] is traded in USA and was set up on 2018-04-18. The fund is currently listed under Corporate Bond category as part of Principal Funds family of funds. The entity is thematically classified as Broad Debt ETFs. Principal Exchange currently have 18.2 M in assets under management (AUM). , while the total return for the last 3 years was -2.1%.
Principal Exchange Traded Funds reports about 150.22 M in cash with (9.21 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.84.
Check Principal Exchange Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Principal Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Principal Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Principal Exchange Traded Funds Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Principal Exchange Top Holders
| SCUPX | Strategic Asset Management | Mutual Fund | Allocation--15% to 30% Equity | |
| PIFIX | Strategic Asset Management | Mutual Fund | Allocation--15% to 30% Equity | |
| SAUPX | Strategic Asset Management | Mutual Fund | Allocation--15% to 30% Equity | |
| PFIPX | Strategic Asset Management | Mutual Fund | Allocation--15% to 30% Equity | |
| PFIFX | Strategic Asset Management | Mutual Fund | Allocation--15% to 30% Equity | |
| PFILX | Strategic Asset Management | Mutual Fund | Allocation--15% to 30% Equity | |
| PFIJX | Strategic Asset Management | Mutual Fund | Allocation--15% to 30% Equity | |
| PFIGX | Strategic Asset Management | Mutual Fund | Allocation--15% to 30% Equity |
Principal Exchange Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Principal Exchange. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | (0.03) | |||
| Total Risk Alpha | (0.07) | |||
| Mean Deviation | 0.2497 | |||
| Standard Deviation | 0.3435 |
Principal Exchange Against Markets
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Principal Exchange Traded Funds. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
The market value of Principal Exchange is measured differently than its book value, which is the value of Principal that is recorded on the company's balance sheet. Investors also form their own opinion of Principal Exchange's value that differs from its market value or its book value, called intrinsic value, which is Principal Exchange's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Principal Exchange's market value can be influenced by many factors that don't directly affect Principal Exchange's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Principal Exchange's value and its price as these two are different measures arrived at by different means. Investors typically determine if Principal Exchange is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Principal Exchange's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.