Principal Quality Etf Profile
| PSET Etf | USD 73.23 0.46 0.63% |
Performance11 of 100
| Odds Of DistressLess than 9
|
Principal Quality is selling for under 73.23 as of the 30th of November 2024; that is 0.63 percent increase since the beginning of the trading day. The etf's last reported lowest price was 73.23. Principal Quality has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Principal Quality ETF are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
Under normal circumstances, the fund primarily invests in equity securities. Principal Price is traded on NASDAQ Exchange in the United States. More on Principal Quality ETF
Moving together with Principal Etf
Principal Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Size And Style ETFs, Large Cap ETFs, Large Blend, Principal Funds (View all Sectors) |
| Issuer | Principal |
| Inception Date | 2016-03-21 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 59.67 Million |
| Average Trading Valume | 1,238.7 |
| Asset Type | Equity |
| Category | Size and Style |
| Focus | Large Cap |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | State Street Bank and Trust Company |
| Advisor | Principal Global Investors, LLC |
| Custodian | State Street Bank and Trust Company |
| Distributor | ALPS Distributors, Inc. |
| Portfolio Manager | Jeffrey A. Schwarte, Aaron J. Siebel |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 30-Jun |
| Exchange | NASDAQ |
| Number of Constituents | 74.0 |
| Market Maker | Virtu Financial |
| Total Expense | 0.15 |
| Management Fee | 0.15 |
| Country Name | USA |
| Returns Y T D | 20.19 |
| Name | Principal Quality ETF |
| Currency Code | USD |
| Open Figi | BBG00CGY1GM0 |
| In Threey Volatility | 18.32 |
| 1y Volatility | 14.06 |
| 200 Day M A | 68.1332 |
| 50 Day M A | 71.515 |
| Code | PSET |
| Updated At | 30th of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | 0.28 |
Principal Quality ETF [PSET] is traded in USA and was established 2016-03-21. The fund is listed under Large Blend category and is part of Principal Funds family. The entity is thematically classified as Size And Style ETFs. Principal Quality ETF at this time have 31.33 M in assets. , while the total return for the last 3 years was 10.0%.
Check Principal Quality Probability Of Bankruptcy
Geographic Allocation (%)
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 Quality ETF 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.
Top Principal Quality ETF Etf Constituents
| HAS | Hasbro Inc | Stock | Consumer Discretionary | |
| APH | Amphenol | Stock | Information Technology | |
| ZTS | Zoetis Inc | Stock | Health Care | |
| POOL | Pool Corporation | Stock | Consumer Discretionary | |
| PGR | Progressive Corp | Stock | Financials | |
| WEC | WEC Energy Group | Stock | Utilities | |
| WST | West Pharmaceutical Services | Stock | Health Care | |
| JPM | JPMorgan Chase Co | Stock | Financials |
Principal Quality ETF 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 Quality. 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 | 0.0871 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.03) |
Principal Quality Against Markets
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Principal Quality ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
The market value of Principal Quality ETF 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 Quality's value that differs from its market value or its book value, called intrinsic value, which is Principal Quality'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 Quality's market value can be influenced by many factors that don't directly affect Principal Quality'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 Quality's value and its price as these two are different measures arrived at by different means. Investors typically determine if Principal Quality is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Principal Quality'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.