Principal Mega Cap Etf Performance
| USMC Etf | USD 58.39 1.03 1.80% |
The etf holds a Beta of 0.87, which implies possible diversification benefits within a given portfolio. Principal Mega returns are very sensitive to returns on the market. As the market goes up or down, Principal Mega is expected to follow.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Principal Mega Cap ETF has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest uncertain performance, the Etf's primary indicators remain sound and the latest tumult on Wall Street may also be a sign of longer-term gains for the fund shareholders. ...more
1 | 4,150 Shares in Principal U.S. Mega-Cap ETF Acquired by Stifel Financial Corp - Defense World | 12/30/2024 |
2 | United States Marine Corps Kicks Off 250th Birthday Celebration at Super Bowl LIX | 02/05/2025 |
3 | Notable ETF Outflow Detected - USMC, BRK.B, PG, ABBV - Nasdaq | 02/26/2025 |
4 | Miles for Military Names USMC Veteran and Yale Divinity Graduate as Executive Director | 03/03/2025 |
5 | Warrior Protection and Readiness Coalition Hosts 2025 Legislative Summit and Announces New Members of Board of Directors | 03/20/2025 |
| In Threey Sharp Ratio | 0.71 |
Principal |
Principal Mega Relative Risk vs. Return Landscape
If you would invest 6,162 in Principal Mega Cap ETF on December 24, 2024 and sell it today you would lose (426.00) from holding Principal Mega Cap ETF or give up 6.91% of portfolio value over 90 days. Principal Mega Cap ETF is currently does not generate positive expected returns and assumes 1.0196% risk (volatility on return distribution) over the 90 days horizon. In different words, 9% of etfs are less volatile than Principal, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Principal Mega Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Principal Mega's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Principal Mega Cap ETF, and traders can use it to determine the average amount a Principal Mega's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.112
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | USMC |
Estimated Market Risk
| 1.02 actual daily | 9 91% of assets are more volatile |
Expected Return
| -0.11 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Principal Mega is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Principal Mega by adding Principal Mega to a well-diversified portfolio.
Principal Mega Fundamentals Growth
Principal Etf prices reflect investors' perceptions of the future prospects and financial health of Principal Mega, and Principal Mega fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Principal Etf performance.
| Total Asset | 1000 M | |||
About Principal Mega Performance
By analyzing Principal Mega's fundamental ratios, stakeholders can gain valuable insights into Principal Mega's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Principal Mega has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Principal Mega has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Under normal circumstances, the fund invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in equity securities of U.S. companies with very large market capitalizations at the time of purchase. Principal is traded on NASDAQ Exchange in the United States.| Principal Mega Cap generated a negative expected return over the last 90 days | |
| Latest headline from globenewswire.com: Warrior Protection and Readiness Coalition Hosts 2025 Legislative Summit and Announces New Members of Board of Directors | |
| The fund keeps 99.71% of its net assets in stocks |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Principal Mega Cap ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Stocks Directory module to find actively traded stocks across global markets.
The market value of Principal Mega Cap is measured differently than its book value, which is the value of Principal that is recorded on the company's balance sheet. Investors also form their own opinion of Principal Mega's value that differs from its market value or its book value, called intrinsic value, which is Principal Mega's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Principal Mega's market value can be influenced by many factors that don't directly affect Principal Mega's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Principal Mega's value and its price as these two are different measures arrived at by different means. Investors typically determine if Principal Mega is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Principal Mega's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.