Principal U.S. Mega-Cap Multi-Factor Index ETF (USMC)

NASDAQ: USMC · IEX Real-Time Price · USD
+0.41 (1.19%)
Sep 27, 2022 9:33 AM EDT - Market open
Assets $1.27B
NAV $34.55
Expense Ratio 0.12%
PE Ratio 18.95
Shares Out 36.70M
Dividend (ttm) $0.71
Dividend Yield 2.02%
Ex-Dividend Date Jul 1, 2022
1-Year Return -15.47%
Volume 986
Open 34.68
Previous Close 34.55
Day's Range 34.90 - 34.96
52-Week Low 34.52
52-Week High 44.79
Beta 0.90
Holdings 43
Inception Date Oct 12, 2017

About USMC

Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of U.S. companies with very large (mega) market capitalizations at the time of purchase. For this fund, companies with mega capitalizations are those with market capitalizations in the top 50th percentile of the S&P 500 Index at the time of purchase.

Asset Class Equity
Region North America
Issuer Principal Financial Group
Stock Exchange NASDAQ
Ticker Symbol USMC
Index Tracked Nasdaq US Mega Cap Select Leaders Index

Top 10 Holdings

37.99% of assets
Name Symbol Weight
Apple AAPL 7.63%
Microsoft MSFT 5.84%
Danaher DHR 3.61%
Visa Inc. V 3.14%
Alphabet GOOGL 3.13%
JPMorgan Chase & Co. JPM 3.05%
Pfizer PFE 3.01%
Mastercard MA 2.98%
Tesla TSLA 2.93%
Meta Platforms META 2.67%
View More Holdings


Ex-Dividend Amount Pay Date
Jul 1, 2022 $0.17775 Jul 7, 2022
Apr 1, 2022 $0.16722 Apr 6, 2022
Dec 29, 2021 $0.19867 Jan 3, 2022
Oct 1, 2021 $0.16338 Oct 6, 2021
Full Dividend History


Is Principal U.S. MegaCap ETF (USMC) a Strong ETF Right Now?

Smart Beta ETF report for USMC

3 months ago - Zacks Investment Research

Should Principal U.S. MegaCap ETF (USMC) Be on Your Investing Radar?

Style Box ETF report for USMC

4 months ago - Zacks Investment Research

Final Trades: CVS, AbbVie, Delta Air Lines & more

The "Halftime Report" traders give their top picks to watch for the second half.

Other symbols: ABBVCVSDAL
5 months ago - CNBC Television

Big Box Stores Set to Report Earnings This Week

With inflation concerns continuing to linger in the background, markets have pulled back slightly from their upward momentum with the CPI shock last week. This week brings the retail side into focus wit...

10 months ago - ETF Trends

Infrastructure Bill Would Expand Country's Internet Access

The #1 trillion infrastructure bill that is currently circulating through Senate this week would be a boon for poor and isolated communities in terms of access to internet. $65 billion of the bill is al...

1 year ago - ETF Trends

Boosted by Earnings Reports, S&P and Nasdaq Hit New Heights

On Tuesday, the S&P and Nasdaq indices hit new record highs as mega-cap stocks pushed even higher, according to Reuters. The technology sector saw a 1.1% bump to hit a new peak, from which the tech-heav...

1 year ago - ETF Trends

Why the USMC Multi-Factor ETF Deserves Your Attention in 2021

Multi-factor exchange traded funds hit some rough spots earlier this year due to value exposure, but the Principal U.S. Mega-Cap Multi-Factor Index ETF (NasdaqGM: USMC) stands as an example of a multi-f...

1 year ago - ETF Trends

Mega-Caps with Mega Returns? The USMC ETF

While 2020 was a trying year for some investment factors, others were mediocre, and even more flourished, a scenario underscoring the utility of multi-factor strategies such as the Principal U.S. Mega-C...

1 year ago - ETF Trends

Principal on Trends in Portfolio Construction Amid 2020 Volatility

ETF Trends CEO Tom Lydon spoke with Ed Nini, Global Head of Product Strategy for Principal Global Investors, about the tumultuous year that has been 2020 and what kinds of strategies have been put into ...

Other symbols: BTECPQDIPREF
1 year ago - ETF Trends

A Solid Multi-Factor Approach for a Fickle ETF Market

Factor timing is difficult, which adds to the case for using multi-factor exchange traded funds. One prominent example is the Principal U.S. Mega-Cap Multi-Factor Index ETF (NasdaqGM: USMC).

1 year ago - ETF Trends

Here's a Strong Umbrella for Multiple Investment Factors

Investors looking to tap the benefits of multiple investment factors under the umbrella of a single fund may find the Principal U.S. Mega-Cap Multi-Factor Index ETF (NasdaqGM: USMC) to their liking. USM...

1 year ago - ETF Trends

Multi-Factor ETF Helps Investors Deal With Election Year Angst

Election Day is just a few weeks away and as that marquee event draws closer, equity market volatility could increase. However, investors have avenues for not only dealing with pre-election turbulence, ...

1 year ago - ETF Trends

Mega Cap Companies Could Continue to Thrive Past the Pandemic

Stay-at-home orders, social distancing, and remote work have all fed into a funnel of opportunities in technology to help facilitate human interaction. As such, the tech-focused mega cap companies could...

Other symbols: MGK
2 years ago - ETF Trends

An Indirect, But Credible Quality Idea With This Multi-Factor ETF

The Principal U.S. Mega-Cap Multi-Factor Index ETF (NasdaqGM: USMC), as its name implies, is a multi-factor exchange, but as a home to some of most well-known domestic mega-cap stocks, the fund offers i...

2 years ago - ETF Trends

Capitalize on Further Strength in Megacaps with This ETF

Tech giants like Facebook, Apple, Google, Microsoft, and Amazon have thrived during the Covid-19 pandemic as individuals and businesses are utilizing more technology in order to adjust to the new normal...

Other symbols: MGK
2 years ago - ETF Trends

A Multi-Factor ETF Strategy to Participate in Today’s Market

As investors look for ways to better navigate the current markets, one may consider smart beta or multi-factor exchange traded fund strategies designed to help enhance and diversify an investment portfo...

2 years ago - ETF Trends

ETF of the Week: Principal U.S. Mega-Cap Multi-Factor Index ETF (USMC)

ETF Trends CEO Tom Lydon discussed the Principal U.S. Mega-Cap Multi-Factor Index ETF (USMC) on this week’s “ETF of the Week” podcast with Chuck Jaffe on the MoneyLife Show.

2 years ago - ETF Trends

A Way to Better Manage Equity Risk with a Low-Volatility ETF

As investors look back into stocks, one may consider a de-risking ETF strategy that allows you to participate in the broad equity market and mitigate any further potential drawdowns.

2 years ago - ETF Trends

De-Risk U.S. Equities with a Unique Low-Volatility Approach

One timely way to de-risk client portfolios is by allocating U.S. equity investments to lower volatility companies.

2 years ago - ETF Trends

Is the Virus-Induced Stock Selloff Overdone? ETFs to Buy Now

JPMorgan Chase believes that the stock selloff is overdone. One can buy beaten-down ETFs with strong Zacks ranks, benchmark-beating yields and beta less than one.

Other symbols: DGROVIGXLV
2 years ago - Zacks Investment Research

Factors to Consider When Looking Into Smart Beta ETFs

As investors consider incorporating smart beta exchange traded funds into a diversified investment portfolio, it is important to look at foundational concepts and the innovative approaches to make a mor...

Other symbols: PSCPSETPVALPY
3 years ago - ETF Trends