Principal Value Etf Profile

PY Etf  USD 52.26  0.08  0.15%   

Performance

13 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 9

 
High
 
Low
Low
Principal Value is trading at 52.26 as of the 28th of November 2024; that is 0.15 percent decrease since the beginning of the trading day. The etf's open price was 52.34. Principal Value 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 Value ETF are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of August 2024 and ending today, the 28th of November 2024. Click here to learn more.
Under normal circumstances, the fund primarily invests in equity securities, focusing on value stocks. Principal Shareholders is traded on NASDAQ Exchange in the United States. More on Principal Value ETF

Moving together with Principal Etf

  0.99VTV Vanguard Value Index Sell-off TrendPairCorr
  0.99VYM Vanguard High DividendPairCorr
  0.99IWD iShares Russell 1000PairCorr
  0.98DGRO iShares Core Dividend Sell-off TrendPairCorr
  0.98IVE iShares SP 500PairCorr
  0.94DVY iShares Select DividendPairCorr

Moving against Principal Etf

  0.57AIVI WisdomTree InternationalPairCorr
  0.48WTRE WisdomTree New EconomyPairCorr
  0.31VPL Vanguard FTSE PacificPairCorr

Principal Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationBroad Equity ETFs, Size And Style ETFs, Large Value, Principal Funds (View all Sectors)
IssuerPrincipal
Inception Date2016-03-21
Entity TypeRegulated Investment Company
Asset Under Management83.17 Million
Average Trading Valume6,168.8
Asset TypeEquity
CategoryBroad Equity
FocusSize and Style
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorState Street Bank and Trust Company
AdvisorPrincipal Global Investors, LLC
CustodianState Street Bank and Trust Company
DistributorALPS Distributors, Inc.
Portfolio ManagerJeffrey A. Schwarte, Aaron J. Siebel
Transfer AgentState Street Bank and Trust Company
Fiscal Year End30-Jun
ExchangeNASDAQ
Number of Constituents107
Market MakerGTS
Total Expense0.15
Management Fee0.15
Country NameUSA
Returns Y T D22.81
NamePrincipal Value ETF
Currency CodeUSD
Open FigiBBG00CGY1JK6
In Threey Volatility17.57
1y Volatility13.16
200 Day M A47.0868
50 Day M A50.2065
CodePY
Updated At27th of November 2024
Currency NameUS Dollar
In Threey Sharp Ratio0.26
Principal Value ETF [PY] is traded in USA and was set up on 2016-03-21. The fund is currently listed under Large Value category as part of Principal Funds family of funds. The entity is thematically classified as Broad Equity ETFs. Principal Value ETF at this time have 90 M in assets. , while the total return for the last 3 years was 9.6%.
Check Principal Value 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 Value 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 Value ETF Etf Constituents

SNVSynovus Financial CorpStockFinancials
GPSGap IncStockConsumer Discretionary
SPRSpirit Aerosystems HoldingsStockIndustrials
WSMWilliams SonomaStockConsumer Discretionary
SBUXStarbucksStockConsumer Discretionary
IRIngersoll RandStockIndustrials
AVGOBroadcomStockInformation Technology
DISWalt DisneyStockCommunication Services
More Details

Principal Value 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 Value. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

Principal Value Against Markets

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Principal Value 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 manufacturing.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
The market value of Principal Value 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 Value's value that differs from its market value or its book value, called intrinsic value, which is Principal Value'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 Value's market value can be influenced by many factors that don't directly affect Principal Value'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 Value's value and its price as these two are different measures arrived at by different means. Investors typically determine if Principal Value is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Principal Value'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.