Principal Etf Profile
The performance scores are derived for the period starting the 28th of October 2024 and ending today, the 25th of February 2025. Click here to learn more.
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RefreshPrincipal Etf Highlights
Old Name | Principal US Small-Cap Adaptive Multi-Factor ETF |
Business Concentration | Small Blend, Principal Funds (View all Sectors) |
Country Name | USA |
Returns Y T D | 0.38 |
Currency Code | USD |
Open Figi | BBG010ML5TR9 |
1y Volatility | 22.98 |
200 Day M A | 23.1076 |
50 Day M A | 22.8848 |
Code | PLTL |
Updated At | 22nd of November 2023 |
Currency Name | US Dollar |
Type | ETF |
Principal [PLTL] is traded in USA and was established 2021-05-19. The fund is listed under Small Blend category and is part of Principal Funds family. Principal at this time have 5.12 M in assets. , while the total return for the last year was 3.5%.
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Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Principal Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Principal Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Principal Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Principal Etf Constituents
UFPI | Ufp Industries | Stock | Industrials | |
SFBS | ServisFirst Bancshares | Stock | Financials | |
SEM | Select Medical Holdings | Stock | Health Care | |
SAIA | Saia Inc | Stock | Industrials | |
NSIT | Insight Enterprises | Stock | Information Technology | |
MTH | Meritage | Stock | Consumer Discretionary | |
ABG | Asbury Automotive Group | Stock | Consumer Discretionary | |
HI | Hillenbrand | Stock | Industrials |
Principal Against Markets
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Principal Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Principal etf to make a market-neutral strategy. Peer analysis of Principal could also be used in its relative valuation, which is a method of valuing Principal by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Other Tools for Principal Etf
When running Principal's price analysis, check to measure Principal's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Principal is operating at the current time. Most of Principal's value examination focuses on studying past and present price action to predict the probability of Principal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Principal's price. Additionally, you may evaluate how the addition of Principal to your portfolios can decrease your overall portfolio volatility.
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