Principal Millennial Global Growth ETF (GENY)
| Assets | $30.49M |
| Expense Ratio | 0.38% |
| PE Ratio | 15.05 |
| Shares Out | n/a |
| Dividend (ttm) | $1.21 |
| Dividend Yield | 3.03% |
| Ex-Dividend Date | Jul 3, 2023 |
| Payout Ratio | 45.56% |
| 1-Year Return | +11.74% |
| Volume | 1,900 |
| Open | 39.96 |
| Previous Close | 39.51 |
| Day's Range | 39.88 - 40.12 |
| 52-Week Low | 31.77 |
| 52-Week High | 47.33 |
| Beta | n/a |
| Holdings | 145 |
| Inception Date | Aug 19, 2016 |
About GENY
Fund Home PageThe Principal Millennial Global Growth ETF (GENY) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund actively invests in global growth companies with exposure to the spending and lifestyle activities of the Millennial generation - people born between 1980 and the mid-2000s. GENY was launched on Aug 19, 2016 and is issued by Principal.
Top 10 Holdings
30.20% of assets| Name | Symbol | Weight |
|---|---|---|
| Industria De Diseno Textil Common Stock Eur.03 | n/a | 5.10% |
| Trip.com Group Ltd ADR | CLV.DE | 3.14% |
| Netflix, Inc. | NFLX | 2.89% |
| The Home Depot, Inc. | HD | 2.88% |
| Tencent Music Entertainment Group | TME | 2.85% |
| Naspers Ltd Class N | NPN.JO | 2.84% |
| Futu Holdings Limited | FUTU | 2.70% |
| Urban Outfitters, Inc. | URBN | 2.69% |
| Alphabet Inc. | GOOG | 2.64% |
| JOYY Inc. | YY | 2.47% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| 2023-07-03 | $0.52057 | 2023-07-07 |
| 2023-04-03 | $0.11429 | 2023-04-06 |
| 2022-10-03 | $0.5725 | 2022-10-06 |
| 2022-07-01 | $0.2105 | 2022-07-07 |
| 2022-04-01 | $0.18946 | 2022-04-06 |
| 2021-12-29 | $1.49586 | 2022-01-03 |
News
This Week in ETFs: JPMorgan Converts 2 Funds
As we head toward summer's end, ETF launches remain muted if this week is anything to go by, with only nine new funds debuting, a slight uptick from the week ended July 28. Perhaps most notably, JPMor...
Bed Bath & Beyond Surge Lifts ETFs
Bed Bath & Beyond stock price soared on Monday on news of GamesStop chairman's stake.
An ETF For Gen Z Lands
'ZGEN' hopes to capture the companies favored by the latest generation entering adulthood.
A Perennial Millennial Bet: The Largest Generation, Now in ETF Form
As was widely expected, the bulk of holiday shopping took place online this year, and when e-commerce companies start delivering fourth-quarter earnings in the first quarter of 2021, the Principal Mil...
The GENY ETF for Gen Y Spending: An ETF to Capture the Millennial Market
How consumers spend their hard-earned money is changing. Investors are adapting to the times with exchange traded funds such as the Principal Millennials Index ETF (Nasdaq: GENY).
What Do Millennials Have to Do with ETFs?
The coronavirus pandemic is bringing about seismic shifts pertaining to how and where consumers spend money. Those changes could have positive long-term implications for exchange traded funds such as ...
Consumer Resilience Supports this Unique ETF
Consumer spending is a vital driver of the U.S. economy and while there have been challenges to that scenario this year, the consumer is proving surprisingly resilient. That could highlight the case f...
Consumer-Driven ETF Won’t Feel Much Election Impact
As Election Day 2020 draws closer, it’s common for market participants to discuss various outcomes and how those outcomes could impact sectors. It’s not uncommon to hear talk about potential impacts o...
Cyclical Shifts Could Benefit a Surprising ETF
Data indicate professional investors are revisiting cyclical stocks and that trend could have positive implications for a surprising exchange traded fund: The Principal Millennials Index ETF (Nasdaq: ...
Use a Millennial ETF to Capitalize on Gen Z
When it comes to the intersection of consumer spending and demographic trends, millennials get plenty of attention, but Gen Z – the next generation – are on the rise and investors can use ETFs, such a...
Post-Pandemic, Millennial Spending Can Recover
The coronavirus pandemic is crimping consumer spending across an array of demographics, but the reduced spending is particularly acute among millennials. Those near-term hurdles should give way to lon...
Low Interest Rates Could Help Increase More Millennial Home Buyers
Low interest rates could be a prime motivator when it comes to home buyers. In conjunction with social distancing measures, this could bring more prospective purchasers looking to leave heavily popula...
Pandemic Alters Millennial Spending Habits, GENY Still Resilient
The coronavirus pandemic is having a profound impact on spending trends and the shifts are evident with millennials and Gen Z, but the Principal Millennials Index ETF (Nasdaq: GENY) is proving resilie...
Millennial Daytraders Are Behind Current Market Movements
Pre-2008 financial crisis, quantitative strategy, and high-frequency traders got flack for the mass movements in the market, but now in a post-COVID environment, it’s millennial daytraders who are on ...
Consumer Health Down, Not Out and That Matters to This ETF
The U.S. consumer is taking some lumps at the hands of the novel coronavirus, but the country’s most important economic engine may be down, but not out. Improving consumer sentiment should bolster the...
Habits May Be Changing, but Millennial Spending Still Matters
A variety of data and research suggest the coronavirus pandemic is shifting how millennials spend and view money, but like any other generation, they still like some frivolities and indulgences. That ...
Coronavirus Alters Millennial Spending, but not Thesis for This ETF
The coronavirus pandemic is altering how millennials spend, but not the thesis underpinning the Principal Millennials Index ETF (Nasdaq: GENY). GENY tracks the Nasdaq Global Millennial Opportunity Ind...
Access a Coveted Demographic and Their Spending Habits With This ETF
Millennials are such a sought after demographic that there are some ETFs dedicated to their spending habits. While this may appear to be too much of a nuanced investment approach, there’s more than me...
Coronavirus Is Altering How Young People Spend, Helping This ETF Surge
The coronavirus is reshaping how people spend and consumer trends that particularly clear among younger generations.
Seize Seismic Demographic Shifts With This Principal ETF
In the financial services community, perhaps only baby boomers get more attention than millennials.