PVAL

Principal Contrarian Value Index ETF
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68
*Unless otherwise stated, data provided by FactSet.

PVAL Fund Description

PVAL tracks an index of US large- and midcap equities that are selected and weighted differently depending on market sentiment. The fund excludes the utilities sector.

PVAL Factset Analytics Insight

PVAL tracks an index of large- and midcap US securities that appear undervalued relative to fundamentals. The index uses the median book yield (book-value-to-price ratio) of its parent index to gauge market sentiment, which then determines the fund’s selection and weighting. If the recent median book yield is greater than two standard deviations above the average of the trailing 28 quarters, then the market is considered a bear market. Otherwise, it’s considered a normal market. In practice, this translates to a bear classification roughly 5% of the time. Market sentiment is gauged annually. In a bear market, securities are ranked by book yield. During normal market conditions, securities are ranked by financial leverage, price volatility, and dispersion of earnings estimates. In both cases, PVAL selects the top 30% of securities and weights them in tiers by their ranking. Financial sector firms are ranked and weighted separately, and the sector receives the same weight as in the parent index. The fund excludes the utilities sector. PVAL is reasonably priced, but faces stiff competition in the crowded US equity space.

PVAL MSCI ESG Analytics Insight

Principal Contrarian Value Index ETF has an MSCI ESG Fund Rating of BBB based on a score of 4.37 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 Contrarian Value Index ETF ranks in the 26th percentile within its peer group and in the 69th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

PVAL Charts And Performance

Price Chart ($)
Total Return Chart (%)
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Select ETFs to compare their performance:
PERFORMANCE [as of 10/17/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
PVAL -0.76% -0.05% 21.55% 4.40% -- -- --
PVAL (NAV) -1.12% 0.70% 20.41% 4.93% -- -- --
NASDAQ U.S. Contrarian Value Index -- -- -- -- -- -- --
MSCI USA IMI Value Index -0.60% 0.94% 16.64% 5.99% 10.33% 9.05% 11.19%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

PVAL Summary Data

Principal
10/19/17
Open-Ended Fund
0.29%
$5.30M
$27.74K
0.18%

PVAL Portfolio Data

$19.95B
18.54
1.64
1.55%
10/01/19
274

PVAL Index Data

NASDAQ U.S. Contrarian Value Index
Multi-Factor
Multi-Factor
MSCI USA IMI Value Index

PVAL Portfolio Management

0.29%
--
--
--

PVAL Tax Exposures

20.00% / 39.60%
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Qualified dividends
No

PVAL Fund Structure

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

PVAL Factset Analytics Block Liquidity

As of 10/18/19
5
4
3
2
1

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

PVAL Tradability

958
$27.74K
168
$6.72K
0.18%
$0.05
-0.08%
12.42% / -5.24%
None
100.00%
50,000
0.00
0.06%
0.01%
0
$26.66
4

PVAL Sector/Industry Breakdown


PVAL
Segment Benchmark
24.16%
7.69%
20.42%
27.09%
14.47%
9.35%
12.42%
9.16%
10.24%
14.07%
7.88%
2.83%
6.30%
11.84%
2.51%
7.48%
1.59%
3.74%

PVAL Countries


PVAL
Segment Benchmark
100.00%
99.94%
--
0.06%

PVAL Regions


PVAL
Segment Benchmark
100.00%
100.00%

PVAL Economic Development


PVAL
Segment Benchmark
100.00%
100.00%

PVAL Performance Statistics

0.91
1.16
1.09
1.09
0.38%
MSCI USA IMI Value Index

PVAL MSCI ESG Ratings

BBB
4.37 / 10
69.34
25.86
6.19%
3.94%
152.55

PVAL Benchmark Comparison Holdings

274
1517
194
17.77%

PVAL Benchmark Comparison Summary


PVAL
Segment Benchmark
274
1517
$19.95B
$112.95B
18.54
19.85
1.64
2.09
2.00%
2.95%
Low
Low

PVAL Benchmark Comparison Market Cap Size


PVAL
Segment Benchmark
32.91%
81.52%
63.45%
13.30%
3.64%
4.63%
0.00%
0.54%