Principal U.S. Mega-Cap Multi-Factor Index ETF (USMC)
|Ex-Dividend Date||Oct 1, 2021|
|Day's Range||42.18 - 42.39|
|Inception Date||Oct 12, 2017|
The investment seeks to provide investment results that closely correspond, before expenses, to the performance of the Nasdaq US Mega Cap Select Leaders Index (the index). Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities that compose the index at the time of purchase. The index uses a quantitative model designed to identify equity securities of companies in the Nasdaq US 500 Large Cap Index (the parent index) that have the largest market capitalizations, with higher weights given to less volatile securities.
Top 10 Holdings32.33% of assets
|Procter & Gamble||PG||2.85%|
|Johnson & Johnson||JNJ||2.75%|
|Oct 1, 2021||$0.16338||Oct 6, 2021|
|Jul 1, 2021||$0.17103||Jul 7, 2021|
|Apr 1, 2021||$0.14671||Apr 7, 2021|
|Dec 29, 2020||$0.12961||Jan 4, 2021|
|Oct 1, 2020||$0.13927||Oct 6, 2020|
|Jul 1, 2020||$0.1386||Jul 7, 2020|
Smart Beta ETF report for USMC
Style Box ETF report for USMC
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...
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...
Style Box ETF report for USMC
With small cap stocks currently standing out, investors may want to consider a multi-factor approach to the group. That's accessible via an array of exchange traded funds, including the Principal's U.S....
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...
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...
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 ...
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).
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...
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, ...
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...
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...
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...
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...
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.
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.
One timely way to de-risk client portfolios is by allocating U.S. equity investments to lower volatility companies.
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.
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...