Principal Healthcare Innovators ETF
Name
As of 04/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-5.6%
1 yr return
-1.3%
3 Yr Avg Return
-17.4%
5 Yr Avg Return
1.1%
Net Assets
$49.7 M
Holdings in Top 10
24.7%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.42%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 45.80%
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 04/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
BTEC - Profile
Distributions
- YTD Total Return -5.6%
- 3 Yr Annualized Total Return -17.4%
- 5 Yr Annualized Total Return 1.1%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio -0.27%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Other
Fund Details
-
Legal NamePrincipal Healthcare Innovators ETF
-
Fund Family NamePrincipal Funds
-
Inception DateAug 19, 2016
-
Shares Outstanding1700001
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJeffrey Schwarte
Fund Description
BTEC - Performance
Return Ranking - Trailing
Period | BTEC Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -5.6% | -29.4% | 14.0% | 86.50% |
1 Yr | -1.3% | -25.3% | 22.1% | 82.21% |
3 Yr | -17.4%* | -36.6% | 11.7% | 94.87% |
5 Yr | 1.1%* | -7.5% | 14.7% | 91.24% |
10 Yr | N/A* | 0.1% | 14.0% | 69.75% |
* Annualized
Return Ranking - Calendar
Period | BTEC Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 8.0% | -12.6% | 19.0% | 14.72% |
2022 | -28.9% | -53.9% | 3.2% | 92.31% |
2021 | -19.5% | -39.6% | 24.2% | 84.62% |
2020 | 52.4% | -13.6% | 178.2% | 3.97% |
2019 | 39.6% | 3.8% | 63.8% | 5.93% |
Total Return Ranking - Trailing
Period | BTEC Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -5.6% | -29.4% | 14.0% | 86.50% |
1 Yr | -1.3% | -25.3% | 22.1% | 82.21% |
3 Yr | -17.4%* | -36.6% | 11.7% | 94.87% |
5 Yr | 1.1%* | -7.5% | 14.7% | 91.24% |
10 Yr | N/A* | 0.1% | 14.0% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | BTEC Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 8.0% | -12.6% | 19.0% | 22.09% |
2022 | -28.9% | -53.9% | 3.7% | 93.59% |
2021 | -18.7% | -33.9% | 26.0% | 97.44% |
2020 | 52.9% | -0.7% | 180.6% | 5.96% |
2019 | 39.6% | 4.6% | 63.8% | 5.93% |
BTEC - Holdings
Concentration Analysis
BTEC | Category Low | Category High | BTEC % Rank | |
---|---|---|---|---|
Net Assets | 49.7 M | 7.41 M | 47.2 B | 81.60% |
Number of Holdings | 227 | 23 | 413 | 3.68% |
Net Assets in Top 10 | 12.1 M | 2.19 M | 20.5 B | 81.60% |
Weighting of Top 10 | 24.68% | 18.1% | 77.0% | 93.87% |
Top 10 Holdings
- Principal Government Money Market Fund 3.55%
- Exact Sciences Corp. 3.16%
- Alnylam Pharmaceuticals, Inc. 3.06%
- Karuna Therapeutics, Inc. 2.85%
- Bio-Rad Laboratories, Inc. 2.24%
- Illumina, Inc. 2.04%
- Sarepta Therapeutics, Inc. 2.03%
- Cytokinetics, Inc. 1.99%
- ImmunoGen, Inc. 1.97%
- Elanco Animal Health, Inc. 1.80%
Asset Allocation
Weighting | Return Low | Return High | BTEC % Rank | |
---|---|---|---|---|
Stocks | 99.86% | 87.17% | 106.13% | 12.88% |
Cash | 3.70% | 0.00% | 34.44% | 33.74% |
Preferred Stocks | 0.00% | 0.00% | 7.86% | 62.58% |
Other | 0.00% | -22.99% | 23.31% | 63.19% |
Convertible Bonds | 0.00% | 0.00% | 0.37% | 49.37% |
Bonds | 0.00% | 0.00% | 12.39% | 51.53% |
Stock Sector Breakdown
Weighting | Return Low | Return High | BTEC % Rank | |
---|---|---|---|---|
Healthcare | 99.83% | 59.26% | 100.00% | 54.43% |
Consumer Defense | 0.17% | 0.00% | 25.73% | 9.49% |
Utilities | 0.00% | 0.00% | 0.00% | 42.41% |
Technology | 0.00% | 0.00% | 22.69% | 46.20% |
Real Estate | 0.00% | 0.00% | 5.89% | 46.20% |
Industrials | 0.00% | 0.00% | 7.02% | 46.20% |
Financial Services | 0.00% | 0.00% | 1.60% | 58.86% |
Energy | 0.00% | 0.00% | 0.00% | 42.41% |
Communication Services | 0.00% | 0.00% | 9.11% | 45.57% |
Consumer Cyclical | 0.00% | 0.00% | 1.92% | 46.20% |
Basic Materials | 0.00% | 0.00% | 7.16% | 62.03% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | BTEC % Rank | |
---|---|---|---|---|
US | 99.86% | 66.21% | 104.41% | 11.04% |
Non US | 0.00% | 0.00% | 28.58% | 79.14% |
BTEC - Expenses
Operational Fees
BTEC Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.42% | 0.08% | 4.28% | 88.96% |
Management Fee | 0.42% | 0.03% | 1.25% | 12.27% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.03% | 0.25% | N/A |
Sales Fees
BTEC Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
BTEC Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 1.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
BTEC Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 45.80% | 0.00% | 238.00% | 44.20% |
BTEC - Distributions
Dividend Yield Analysis
BTEC | Category Low | Category High | BTEC % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 6.29% | 64.42% |
Dividend Distribution Analysis
BTEC | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Other | Annual | Annual | Annual |
Net Income Ratio Analysis
BTEC | Category Low | Category High | BTEC % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.27% | -2.54% | 1.85% | 53.85% |
Capital Gain Distribution Analysis
BTEC | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
BTEC - Fund Manager Analysis
Managers
Jeffrey Schwarte
Start Date
Tenure
Tenure Rank
Aug 19, 2016
5.78
5.8%
Jeff is a portfolio manager at Principal Global Equities. Jeff is an active member in the group’s research and development activities. He joined the equities group in 2000 as an analyst and named a portfolio manager in 2001. He has been with Principal since 1993. He received a bachelor's degree in accounting from the University of Northern Iowa. Jeff has earned the right to use the CFA designation. He is a Certified Internal Auditor and a Fellow of the Life Management Institute (FLMI). Jeff is a member of the CFA Society of Iowa and the CFA Institute.
Aaron Siebel
Start Date
Tenure
Tenure Rank
Mar 03, 2020
2.24
2.2%
Aaron J. Siebel has been with Principal® since 2005. He earned a BA in Finance from the University of Iowa in 2005.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.02 | 24.72 | 7.84 | 0.25 |