
Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities. The fund invests primarily in foreign equity securities, including emerging market securities, such as China. It invests in equity securities of small, medium, and large market capitalization companies.
Is PIEQ's expense ratio expensive, average, or a steal for its category?
Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.

Principal International Equity ETF is the top-ranked Foreign Large Blend ETF on Seeking Alpha's Quant Ranking system since its November 2024 launch. PIEQ has outperformed the iShares MSCI ACWI ex U.S. ETF, its benchmark and a standard core international ETF, since inception. PIEQ's strategy focuses on concentrated, all-weather holdings, deep fundamental analysis, and both growth and value, with significant exposure to Europe, Asia, and emerging markets.

DES MOINES, Iowa--(BUSINESS WIRE)--Principal Asset Management℠ announced the launch of the International Equity ETF (PIEQ). This ETF will be a large-cap portfolio managed by the Principal equities team. Principal equities, with $154.8 billion in AUM1, has a focused investment strategy combining global insights with local knowledge to deliver a wide range of specialized equity investment solutions. Demand for active ETFs was the strongest ever in 2023, reaching an all-time high of $349 billion i.