Principal International Equity ETF

PIEQ

Market cap $1.38B

Principal International Equity ETF is the top-ranked Foreign Large Blend ETF on Seeking Alpha's Quant Ranking system since its November 2024 launch. PIEQ has outperformed the iShares MSCI ACWI ex U.S. ETF, its benchmark and a standard core international ETF, since inception. PIEQ's strategy focuses on concentrated, all-weather holdings, deep fundamental analysis, and both growth and value, with significant exposure to Europe, Asia, and emerging markets.

DES MOINES, Iowa--(BUSINESS WIRE)--Principal Asset Management℠ announced the launch of the International Equity ETF (PIEQ). This ETF will be a large-cap portfolio managed by the Principal equities team. Principal equities, with $154.8 billion in AUM1, has a focused investment strategy combining global insights with local knowledge to deliver a wide range of specialized equity investment solutions. Demand for active ETFs was the strongest ever in 2023, reaching an all-time high of $349 billion i.