USMC stock icon

Principal Exchange-Traded Funds Principal US Mega-Cap ETF
USMC

57.29 USD
+0.32
0.56%
At close Oct 9, 4:00 PM EDT
1 day
0.56%
5 days
1.79%
1 month
5.00%
3 months
3.39%
6 months
12.86%
Year to date
22.86%
1 year
32.59%
5 years
99.41%
0
Funds holding %
of 6,740 funds
–
Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

73% more repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 11

33% more funds holding in top 10

Funds holding in top 10: 3 [Q1] → 4 (+1) [Q2]

7% more capital invested

Capital invested by funds: $2.38B [Q1] → $2.55B (+$176M) [Q2]

0.84% more ownership

Funds ownership: 103.73% [Q1] → 104.57% (+0.84%) [Q2]

0% more funds holding

Funds holding: 41 [Q1] → 41 (+0) [Q2]

0% more first-time investments, than exits

New positions opened: 3 | Existing positions closed: 3

See Fund Rankings

Research analyst outlook

We haven’t received any recent analyst ratings for USMC.

See Analyst Rankings

Financial journalist opinion

Positive
Seeking Alpha
4 months ago
USMC: Why This Top Quality Mega-Cap ETF Disappoints
Principal U.S. Mega-Cap ETF provides concentrated, actively managed exposure to a select number of U.S. mega-caps. Fees are low at 0.12%, and the ETF has $2.35 billion in assets under management. Unlike market-cap-weighted alternatives like XLG, USMC assigns substantially different weights to its 42 holdings. Magnificent Seven exposure is 33% compared to 53% for XLG. The fund's prospectus indicates managers assign greater weight to stocks expected to be less volatile, but my analysis found little evidence this was the case. USMC's five-year beta is 1.03.
USMC: Why This Top Quality Mega-Cap ETF Disappoints
Neutral
Seeking Alpha
9 months ago
USMC: Active Large Caps That Perform Like Passive
Principal U.S. Mega-Cap ETF is an actively managed fund that primarily invests in U.S. mega-cap companies. The USMC ETF's active, rules-based framework provides durability and stability during market volatility. The fund's heavy concentration in the technology sector could pose a risk if the sector underperforms.
USMC: Active Large Caps That Perform Like Passive
See News Rankings
Charts implemented using Lightweight Charts™