BTECPrincipal Healthcare Innovators Index ETF
BTEC Fund Description
BTEC tracks an index of non-large-cap US health care stocks and is market cap weighted.
BTEC Factset Analytics Insight
BTEC focuses on US healthcare companies still in the developmental stage or waiting on regulatory approval, rather than selling an existing product on the market. This results in a portfolio of small- and midcap stocks. Additionally, BTEC specifically targets companies that have had negative earnings over the past four quarters. Constituents are weighted on a market cap basis, with a cap of 3% per security. For this exposure, the fund charges an expense ratio in line with its few competitors.
BTEC MSCI ESG Analytics Insight
Principal Healthcare Innovators Index ETF has an MSCI ESG Fund Rating of BBB based on a score of 4.44 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Principal Healthcare Innovators Index ETF ranks in the 16th percentile within its peer group and in the 31st percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
BTEC MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
BTEC Summary Data
BTEC Portfolio Data
BTEC Index Data
BTEC Portfolio Management
BTEC Tax Exposures
BTEC Fund Structure
BTEC Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of BTEC. BTEC is rated a 5 out of 5.
BTEC Sector/Industry Breakdown
BTEC Top 10 Holdings[View All]
BTEC Economic Development
BTEC Performance Statistics
BTEC MSCI ESG Ratings
BTEC Benchmark Comparison Summary
BTEC Benchmark Comparison Market Cap Size