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

NASDAQ: USMC · IEX Real-Time Price · USD
42.32 0.18 (0.42%)
Oct 25, 2021 4:00 PM EDT - Market closed
Assets$2.11B
NAV$42.18
Expense Ratio0.12%
PE Ratio20.92
Shares Out49.95M
Dividend (ttm)$0.61
Dividend Yield1.45%
Ex-Dividend DateOct 1, 2021
1-Year Return
-
Volume9,105
Open42.20
Previous Close42.14
Day's Range42.18 - 42.39
52-Week Low30.54
52-Week High42.39
Beta0.90
Holdings46
Inception DateOct 12, 2017

About USMC

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.

Asset ClassEquity
RegionNorth America
IssuerPrincipal Financial Group
Stock ExchangeNASDAQ
Ticker SymbolUSMC
Index TrackedNasdaq US Mega Cap Select Leaders Index

Top 10 Holdings

32.33% of assets
NameSymbolWeight
AppleAAPL6.01%
PfizerPFE3.27%
PepsiCoPEP3.11%
Berkshire HathawayBRK.B3.11%
MerckMRK3.03%
McDonald'sMCD2.98%
Procter & GamblePG2.85%
Johnson & JohnsonJNJ2.75%
DanaherDHR2.61%
AlphabetGOOGL2.60%
View More Holdings

Dividends

Ex-DividendAmountPay Date
Oct 1, 2021$0.16338Oct 6, 2021
Jul 1, 2021$0.17103Jul 7, 2021
Apr 1, 2021$0.14671Apr 7, 2021
Dec 29, 2020$0.12961Jan 4, 2021
Oct 1, 2020$0.13927Oct 6, 2020
Jul 1, 2020$0.1386Jul 7, 2020
Full Dividend History

News

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A Solid Multi-Factor Approach for a Fickle ETF Market

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11 months ago - ETF Trends

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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.

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