Principal Price Setters Index ETF
Find Ratings Reports- Last Ratings Update:02/29/2024
- Price as of 02/29/2024 :$66.18
- Net Assets:$0 Million
- NAV:$66.95
- Premium-1.15%
- Peer Rank:55 of 559
- Investment Rating:A-
- Performance:A-
- RiskC+
We rate Principal Quality at A-. This overall rating indicates it is among the top 10% of all closed end funds in its peer group. Positive factors that influence this rating include a well above average total return, low price volatility and low expense structure. The fund may be considered for investors seeking a Growth - Domestic strategy.
Total return ranks very high in comparison with peers over the last three years. The Principal Quality has returned an annual rate of 14.48% since inception. More recently, the fund has generated a total return of 15.57% in the last five years, 15.08% in the last three years, and 29.68% in the last year. How does that compare to other equity funds? In the last five years, it has outperformed 94% of them. It has also outpaced 94% of its competitors on a three year basis and 90% of them over the last year for the period ending 2/29/2024. On a year to date basis, PSET has returned 9.27%.
Downside risk has been below average. PSET has a draw down risk of -26.15%, which is the largest price decline experienced over the last three years. This fund has a three year standard deviation of 19.2%. This fund has experienced a high level of volatility in its monthly performance over the last 36 months.
Low expense ratio helps performance. As PSET is an exchange traded fund, it has no front end or back end load.
The Principal Quality is managed by Aaron J Siebel at Principal Global Investors LLC. This fund is one of 8 Principal Global Investors LLC exchange-traded funds launched since 7/8/2015 that we track.