Description: Principal Exchange-Traded Funds - Principal International Adaptive Multi-Factor ETF is an exchange traded fund launched by Principal Financial Services, Inc. The fund is managed by Principal Global Investors, LLC. It invests in the public equity markets of global ex-US region. The fund invests in stocks of companies operating across diversified sectors. It invests in value, momentum and volatile stocks of companies across diversified market capitalization. The fund employs quantitative analysis to create its portfolio. It seeks to benchmark the performance of its portfolio against the MSCI World Ex-U.S. Index. The fund employs proprietary research to create its portfolio. Principal Exchange-Traded Funds - Principal International Adaptive Multi-Factor ETF was formed on May 26, 2021 and is domiciled in the United States.
Exchange: BATS
Country: US
Currency: US Dollar ($)
Category: Foreign Large Blend
| Asset Allocation | |||
|---|---|---|---|
| Asset Class | Long % | Short % | Net Assets |
| Stock non-US | 98.93 | 0.00 | 98.93 |
| Stock US | 0.84 | 0.00 | 0.84 |
| Cash | 0.23 | 0.00 | 0.22 |
| Sector Weights | ||
|---|---|---|
| Sector | Equity % | Relative to Category |
| Financial Services | 18.05 | 18.66 |
| Industrials | 14.43 | 14.54 |
| Healthcare | 11.27 | 12.68 |
| Consumer Defensive | 10.38 | 10.25 |
| Basic Materials | 9.33 | 7.57 |
| Consumer Cyclicals | 8.92 | 10.43 |
| Energy | 7.30 | 5.78 |
| Technology | 7.18 | 9.85 |
| Communication Services | 6.06 | 5.21 |
| Utilities | 3.73 | 2.91 |
| Real Estate | 3.34 | 2.10 |
| World Regions | ||
|---|---|---|
| Region | Equity % | Relative to Category |
| Europe Developed | 40.63 | 40.98 |
| Japan | 19.10 | 18.16 |
| United Kingdom | 13.80 | 13.81 |
| North America | 12.90 | 7.83 |
| Australasia | 7.17 | 5.33 |
| Asia Developed | 4.86 | 6.36 |
| Africa/Middle East | 1.36 | 1.27 |
| Asia Emerging | 0.14 | 4.97 |
| Europe Emerging | 0.05 | 0.04 |
| Latin America | 0.00 | 1.26 |