Principal U.S. Mega-Cap ETF

Frequently Asked Questions About USMC

What are the top holdings of USMC?

Principal U.S. Mega-Cap ETF holds 25 securities in total. The largest positions and their portfolio weights are listed on the Holdings tab.

How many holdings does USMC have?

USMC holds 25 positions as reported by the fund's most recent disclosure.

What sectors does USMC invest in?

Principal U.S. Mega-Cap ETF (USMC) allocates across the sectors shown above. The largest exposure tops the list; the rest follow in descending weight order.

What sector is USMC most exposed to?

USMC's full sector breakdown is on the Sectors tab. The largest sector weight is shown there along with the rest of the allocation.

Is USMC a US-only fund?

The country allocation card on this page shows USMC's geographic exposure. Funds with > 95% US weight are effectively US-only; international or global funds will show meaningful weights across multiple countries.

What does USMC invest in?

USMC seeks long-term capital growth by targeting mega-caps in the US equity market. Mega-cap refers to a company with a market capitalization in the top 50th percentile of the S&P 500. To build the portfolio, the fund utilizes a proprietary, quantitative model. Companies in the S&P 500 with the largest market capitalizations are selected, with low-volatility stocks typically given greater weight in the portfolio. In constructing the model and managing the portfolio, the fund adviser uses insights from multiple sources, including internal research, industry reports, and third-party data. While the portfolio is rebalanced at least annually, the fund adviser has the discretion to make adjustments. Prior to September 30, 2020, the fund name was Principal U.S. Mega-Cap Multi-Factor Index ETF. On June 10, 2022, the fund ceased tracking the NASDAQ US Mega Cap Select Leaders Index and transitioned to an active management strategy.