PMOM

Principal Sustainable Momentum Index ETF
*Unless otherwise stated, data provided by FactSet.

PMOM Fund Description

PMOM tracks an index of large- and midcap US equities that exhibit sustainable price momentum.

PMOM Factset Analytics Insight

This fund is closing. The last day of trading is August 14, 2020. PMOM’s index is built around a quantitative model co-developed by Nasdaq and Principal Global Investors. The model assigns a sustainable momentum (SUMO) score to each security in its large- and midcap universe. The SUMO score is derived from several measures of intermediate- and long-term risk-adjusted return, along with volatility. The index includes securities with a score in the top 15% of the universe. Individual holdings are weighted using a tiered structure based on the SUMO sore, giving more weight to the higher scoring names. Individual stocks must maintain a score within the top 35% in order to remain in the index—those that become ineligible are removed at any time throughout the year. The index is rebalanced monthly during periods of high market volatility, and annually otherwise. PMOM is a bit pricey for a single-factor, passively managed fund.

PMOM MSCI ESG Analytics Insight

Principal Sustainable Momentum Index ETF has an MSCI ESG Fund Rating of BB based on a score of 3.65 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 Sustainable Momentum Index ETF ranks in the 15th percentile within its peer group and in the 1st percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

PMOM Charts And Performance

Price Chart ($)
Total Return Chart (%)
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Select ETFs to compare their performance:
PERFORMANCE [as of 07/31/20] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
PMOM 1.52% 8.89% 2.70% 4.69% -- -- --
ticker (NAV) 0.37% 8.44% 2.64% 5.42% -- -- --
NASDAQ U.S. Sustainable Momentum Index 0.34% 8.50% 2.70% 5.65% -- -- --
MSCI USA IMI 5.74% 14.09% 2.20% 11.16% 11.49% 10.98% 13.67%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

PMOM Summary Data

Principal
10/19/17
Open-Ended Fund
0.29%
$4.49M
$14.26K
0.38%

PMOM Portfolio Data

$10.51B
-9.90
0.96
1.83%
10/01/20
135

PMOM Index Data

NASDAQ U.S. Sustainable Momentum Index
Momentum
Momentum
MSCI USA IMI

PMOM Portfolio Management

0.29%
-0.36%
-0.07%
-0.64%

PMOM Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

PMOM Fund Structure

Open-Ended Fund
No
No
100% / 0%
N/A
N/A
Closing
Daily
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

PMOM Factset Analytics Block Liquidity

As of 08/03/20
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of PMOM. PMOM is rated a 4 out of 5.

PMOM Tradability

725
$14.26K
147
0
0.38%
$0.12
-0.09%
15.66% / -17.40%
None
--
50,000
0.00
--
0.02%
0
$29.50
4

PMOM Sector/Industry Breakdown


PMOM
Segment Benchmark
27.80%
14.03%
22.42%
2.65%
21.93%
13.58%
10.22%
9.28%
4.31%
14.58%
4.26%
32.31%
3.99%
6.20%
3.91%
2.60%
0.66%
1.78%
0.50%
2.97%

PMOM Top 10 Holdings[View All]

2.26%
2.21%
1.39%
1.31%
1.29%
1.18%
1.17%
1.17%
1.14%
1.12%
14.24%

PMOM Countries


PMOM
Segment Benchmark
100.00%
99.92%
--
0.08%

PMOM Regions


PMOM
Segment Benchmark
100.00%
100.00%

PMOM Economic Development


PMOM
Segment Benchmark
100.00%
100.00%

PMOM Performance Statistics

0.75
1.12
1.07
1.05
1.33%
MSCI USA IMI

PMOM MSCI ESG Ratings

3.65 / 10
0.55
15.41
3.92%
3.86%
208.51

PMOM Benchmark Comparison Holdings

135
2326
133
4.52%

PMOM Benchmark Comparison Summary


PMOM
Segment Benchmark
135
2326
$10.51B
$332.22B
-9.90
31.42
0.96
3.36
4.46%
1.85%
Low
Low

PMOM Benchmark Comparison Market Cap Size


PMOM
Segment Benchmark
16.00%
84.10%
71.67%
11.89%
12.33%
3.59%
0.00%
0.42%