Principal Value Etf Profile
PY Etf | USD 52.26 0.08 0.15% |
Performance13 of 100
| Odds Of DistressLess than 9
|
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
0.99 | VTV | Vanguard Value Index Sell-off Trend | PairCorr |
0.99 | VYM | Vanguard High Dividend | PairCorr |
0.99 | IWD | iShares Russell 1000 | PairCorr |
0.98 | DGRO | iShares Core Dividend Sell-off Trend | PairCorr |
0.98 | IVE | iShares SP 500 | PairCorr |
0.94 | DVY | iShares Select Dividend | PairCorr |
Moving against Principal Etf
Principal Etf Highlights
Thematic Ideas | (View all Themes) |
Business Concentration | Broad Equity ETFs, Size And Style ETFs, Large Value, Principal Funds (View all Sectors) |
Issuer | Principal |
Inception Date | 2016-03-21 |
Entity Type | Regulated Investment Company |
Asset Under Management | 83.17 Million |
Average Trading Valume | 6,168.8 |
Asset Type | Equity |
Category | Broad Equity |
Focus | Size and Style |
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 | 107 |
Market Maker | GTS |
Total Expense | 0.15 |
Management Fee | 0.15 |
Country Name | USA |
Returns Y T D | 22.81 |
Name | Principal Value ETF |
Currency Code | USD |
Open Figi | BBG00CGY1JK6 |
In Threey Volatility | 17.57 |
1y Volatility | 13.16 |
200 Day M A | 47.0868 |
50 Day M A | 50.2065 |
Code | PY |
Updated At | 27th of November 2024 |
Currency Name | US Dollar |
In Threey Sharp Ratio | 0.26 |
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
SNV | Synovus Financial Corp | Stock | Financials | |
GPS | Gap Inc | Stock | Consumer Discretionary | |
SPR | Spirit Aerosystems Holdings | Stock | Industrials | |
WSM | Williams Sonoma | Stock | Consumer Discretionary | |
SBUX | Starbucks | Stock | Consumer Discretionary | |
IR | Ingersoll Rand | Stock | Industrials | |
AVGO | Broadcom | Stock | Information Technology | |
DIS | Walt Disney | Stock | Communication Services |
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.
Risk Adjusted Performance | 0.1335 | |||
Jensen Alpha | 0.0117 | |||
Total Risk Alpha | 0.003 | |||
Sortino Ratio | (0) |
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.