USMCPrincipal U.S. Mega-Cap ETF
USMC Fund Description
USMC offers exposure to the largest of the US large-cap segment, weighted by a combination of market cap and technical measures.
USMC Factset Analytics Insight
USMC targets the largest companies in the US with a uniquely tiered index construction. Starting with a universe of the 500 largest US companies, the fund selects the top 50% by cumulative market capitalization. Firms in the top 10% are weighted according to market-cap. The remaining names are weighted equally with volatility adjustments, resulting in higher weight to less volatile securities. Overall, the portfolio aims for a low volatility tilt. Index constituents are rebalanced semi-annually. Prior to Sep. 30, 2020, the fund name was Principal U.S. Mega-Cap Multi-Factor Index ETF.
USMC MSCI ESG Analytics Insight
Principal U.S. Mega-Cap ETF has an MSCI ESG Fund Rating of BBB based on a score of 4.85 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 U.S. Mega-Cap ETF ranks in the 25th percentile within its peer group and in the 6th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
USMC 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.
USMC Summary Data
USMC Portfolio Data
USMC Index Data
USMC Portfolio Management
USMC Tax Exposures
USMC Fund Structure
USMC Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of USMC. USMC is rated a 5 out of 5.
USMC Sector/Industry Breakdown
USMC Economic Development
USMC Performance Statistics
USMC MSCI ESG Ratings
USMC Benchmark Comparison Summary
USMC Benchmark Comparison Market Cap Size