PY

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

PY Fund Description

PY tracks an index of dividend-paying large- and midcap US stocks that are selected by several fundamental factors, including dividend yield and buyback yield. Holdings are equally weighted within two tiers.

PY Factset Analytics Insight

PY aims to hold firms with high, sustainable shareholder yield—defined as the combined yield of dividends and share buybacks. Beginning with a large- and midcap index of US stocks, PY screens out non-dividend-payers, ranks its universe by several factors, then selects the top 20%. In addition to dividend yield and buyback yield, the selection factors include yield sustainability metrics like cash flow growth and EBITDA/debt. Selected stocks are equally-weighted within two tiers , the highest ranking half makes up 65% of PY's portfolio, with the bottom half accounting for the remainder. With no caps on sector exposure, PY could end up looking quite different from the broad market. However, the fund's exposure should be fairly stable—holdings are updated and rebalanced just once annually, in late March. PY launched in March 2016 with a reasonable fee. Also consider SYLD, an actively-managed competitor which also utilizes the shareholder yield concept. Prior to Sep. 30, 2020, the fund name was Principal Shareholder Yield Index ETF.

PY MSCI ESG Analytics Insight

Principal Value ETF has an MSCI ESG Fund Rating of A based on a score of 7.28 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 Value ETF ranks in the 74th percentile within its peer group and in the 86th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

PY 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.

PERFORMANCE [as of 10/14/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
PY 0.83% 0.52% 27.50% 52.21% 13.35% 13.36% --
PY (NAV) 2.97% 4.02% 29.89% 48.25% 14.49% 14.21% --
NASDAQ U.S. Shareholder Yield Index 3.00% 4.07% 30.25% 48.80% 14.77% 14.55% --
MSCI USA IMI Value Index 2.20% 2.62% 20.27% 34.55% 12.17% 11.92% 12.90%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

PY Summary Data

Principal
03/21/16
Open-Ended Fund
0.15%
$44.50M
$751.99K
0.16%

PY Portfolio Data

$46.60B
11.53
2.40
2.69%
10/01/21
115

PY Index Data

Dividends
Fundamental
MSCI USA IMI Value Index

PY Portfolio Management

0.15%
-0.48%
0.00%
-1.04%

PY Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

PY Fund Structure

Open-Ended Fund
No
No
-- / --
N/A
N/A
Low
Daily

PY Factset Analytics Block Liquidity

As of 10/15/21
5
4
3
2
1

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

PY Tradability

17,594
$751.99K
2,488
$106.31K
0.16%
$0.07
0.04%
3.48% / -4.52%
None
100.00%
50,000
0.05
0.02%
0.04%
0
$43.12
5

PY Sector/Industry Breakdown


PY
Segment Benchmark
31.50%
26.55%
17.30%
9.20%
13.81%
11.66%
10.79%
11.21%
8.09%
9.48%
6.02%
3.78%
5.63%
15.84%
4.16%
4.29%
2.72%
4.98%

PY Countries


PY
Segment Benchmark
100.00%
99.92%
--
0.08%

PY Regions


PY
Segment Benchmark
100.00%
100.00%

PY Economic Development


PY
Segment Benchmark
100.00%
100.00%

PY Performance Statistics

0.92
1.24
1.27
1.14
0.37%
MSCI USA IMI Value Index

PY MSCI ESG Ratings

7.28 / 10
85.95
73.56
9.72%
--
139.18

PY Benchmark Comparison Holdings

115
1595
95
15.96%

PY Benchmark Comparison Summary


PY
Segment Benchmark
115
1595
$46.60B
$138.92B
11.53
22.27
2.40
2.77
2.47%
2.13%
Low
Low

PY Benchmark Comparison Market Cap Size


PY
Segment Benchmark
60.89%
86.24%
39.11%
10.75%
0.00%
2.88%
0.00%
0.13%