Principal U.S. Mega-Cap ETF

Frequently Asked Questions About USMC

What does USMC invest in?

Designed by asset allocators for asset allocators. Multi-asset investors are often meaningfully underweight mega-caps, as active large-cap managers tend to invest down in cap-size, leaving potential growth on the table. Built as a complement to core large-cap allocations, USMC increases exposure to the growth potential of mega-cap stocks with the goal of lowering risk in your portfolio. Our active rules-based approach is provided in a cost-efficient and liquid vehicle, ensuring accessibility for investors.

What is the expense ratio of USMC?

Principal U.S. Mega-Cap ETF (USMC) charges an expense ratio of 0.12%. This is the annual fee deducted from fund assets to cover management and operations.

How big is USMC?

Principal U.S. Mega-Cap ETF (USMC) manages $3.50B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is USMC actively managed or an index fund?

USMC's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was USMC launched?

Principal U.S. Mega-Cap ETF (USMC) launched in October 2017 and is managed by Principal Funds.

How has USMC performed?

USMC's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.