Principal Shareholder Yield Index ETF
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- Description
- Performance
- Comps
Fundamentals
Valuation
Rating
The Principal Shareholder Yield Index ETF tracks an index of dividend-paying large- and midcap US stocks that are selected by several fundamental factors, including dividend yield and buyback yield. Holdings are equally weighted within two tiers. |
Category | US Equities |
Fund Sponsor | The Principal Financial Group |
Website | www.principaletfs.com |
Inception date | Mar 21, 2016 |
Assets (mns) | $16 |
Currency | USD |
Expense ratio | 15 bp |
Distributions | Quarterly |
Regulation | Open-End Investment Company |
Custodian | |
Weighting | Tiered |
Index replication | |
Uses derivatives | No |
Options available | No |
No. of constituents | 129 |
Wgt avg mkt cap (mns) | $51,691 |
Large cap (>$10bn) | 60.3% |
Mid cap ($2-10bn) | 38.7% |
Small cap (<$2bn) | 1.0% |
Developed mkts | 100.0% |
Emerging mkts | 0.0% |
VMWARE INC-CLASS A | 2.9 % |
ONEMAIN HOLDINGS, INC. | 2.6 % |
HANOVER INSURANCE GROUP INC/ | 1.7 % |
ALTRIA GROUP INC | 1.6 % |
ABBVIE INC | 1.5 % |
PACCAR INC | 1.4 % |
KOHLS CORP | 1.4 % |
CUBESMART | 1.4 % |
BROADCOM INC. | 1.4 % |
EASTMAN CHEMICAL COMPANY | 1.3 % | Total | 17.1 % |
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UNITED STATES | 91.4 % |
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IRELAND | 1.0 % |
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SWITZERLAND | 0.7 % |
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PUERTO RICO | 0.6 % |
HISTORICAL PERFORMANCE 

Custom date range | Compare to | ||
thru |
Year-to-date | 1 year | 5 years | 10 years | Since Incep. |
2.6% | 2.6% | -- | -- | 9.2% |
versus... | Beta | R-squared |
S&P500 | 1.30 | 91% |
MSCI EAFE | 1.26 | 84% |
MSCI Emg. Mkts. | 1.03 | 72% |
Recent close | $35.85 |
30d moving avg. | $34.51 |
Annualized volatility | 25.7% |
Short interest (ETF) | 1.0% |
Relative strength (RSI) | 66 |
Avg. volume (thou.) | 3 |
Turnover | 0.7% |
Bid/Ask (% of price) | 0.31% |
ADV underlying (mns) | $49,381 |
FINDING ALTERNATIVE FUNDS
Below is a list of 97 potential alternatives to the Principal Shareholder Yield Index ETF ETF based on the alternatives' overlap in portfolio holdings with PY. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.
Benchmark ticker: | PY | Expense: | 15 bp | ALTAR Score™: | 7.9% |
Ticker | Fund Name |
Overlap1 vs PY (%) |
Expense ratio (bp) |
Savings vs PY (bp) |
ALTAR Score™ (%) |
ALTAR vs PY (%) |
ONEY | SPDR Russell 1000 Yield Focus ETF | 25.5 | 20 | -5 | 7.2 | -0.6 |
ESGS | Columbia Sustainable U.S. Equity Income ETF | 24.4 | 35 | -20 | 7.5 | -0.4 |
JVAL | JPMorgan U.S. Value Factor ETF | 23.6 | 12 | 3 | 7.2 | -0.6 |
CDL | VictoryShares US Large Cap High Dividend Volatility Wtd Idx | 23.1 | 35 | -20 | 7.6 | -0.2 |
CDC | VictoryShares US EQ Income Enhanced Volatility Wtd Index ETF | 23.1 | 35 | -20 | 7.7 | -0.2 |
SPYD | SPDR S&P 500 High Dividend ETF | 22.9 | 7 | 8 | 9.2 | +1.3 |
FXO | First Trust Financials AlphaDEX Fund | 22.4 | 63 | -48 | 9.1 | +1.2 |
RPV | Invesco S&P 500 Pure Value ETF | 21.9 | 35 | -20 | 9.9 | +2.0 |
FUNL | CornerCap Fundametrics Large-Cap ETF | 21.2 | 50 | -35 | 7.2 | -0.7 |
RYF | Invesco S&P 500 Equal Weight Financials ETF | 21.1 | 40 | -25 | 7.5 | -0.4 |
MAGA | Point Bridge GOP Stock Tracker ETF | 21.0 | 72 | -57 | 5.3 | -2.5 |
AUSF | Global X Adaptive U.S. Factor ETF | 20.9 | 27 | -12 | 8.0 | +0.2 |
QDIV | Global X S&P 500 Quality Dividend ETF | 20.8 | 20 | -5 | 6.5 | -1.3 |
RNDV | US Equity Dividend Select ETF | 20.7 | 50 | -35 | 7.4 | -0.5 |
JHMF | John Hancock Multifactor Financials ETF | 20.5 | 40 | -25 | 6.4 | -1.5 |
QDYN | FlexShares Quality Dividend Dynamic Index Fund | 20.5 | 37 | -22 | 5.4 | -2.5 |
DIVB | iShares U.S. Dividend & Buyback ETF | 20.4 | 25 | -10 | 5.9 | -1.9 |
QSY | WisdomTree U.S. LargeCap Value Fund | 20.3 | 38 | -23 | 6.8 | -1.1 |
DSTL | Distillate US Fundamental Stability & Value ETF | 20.2 | 39 | -24 | 5.7 | -2.1 |
DVY | iShares Select Dividend ETF | 20.1 | 39 | -24 | 8.0 | +0.2 |
ALTL | Pacer Lunt Large Cap Alternator ETF | 19.8 | 60 | -45 | 5.5 | -2.3 |
SPHB | Invesco S&P 500 High Beta ETF | 19.8 | 25 | -10 | 5.9 | -1.9 |
FTA | First Trust Large Cap Value AlphaDEX Fund | 19.6 | 60 | -45 | 7.4 | -0.5 |
JKI | iShares Morningstar Mid-Cap Value ETF | 19.3 | 30 | -15 | 7.6 | -0.2 |
PLC | Principal U.S. Large-Cap Multi-Factor Core Index ETF | 19.3 | 15 | 0 | 5.8 | -2.1 |
RNLC | Large Cap US Equity Select ETF | 19.1 | 60 | -45 | 5.3 | -2.6 |
RDVY | First Trust Rising Dividend Achievers ETF | 19.0 | 50 | -35 | 6.4 | -1.4 |
SPGP | Invesco S&P 500 GARP ETF | 19.0 | 34 | -19 | 6.3 | -1.6 |
DTN | WisdomTree U.S. Dividend ex-Financials Fund | 18.9 | 38 | -23 | 7.6 | -0.2 |
IEFN | iShares Evolved U.S. Financials ETF | 18.9 | 18 | -3 | 7.5 | -0.4 |
QDF | FlexShares Quality Dividend Index Fund | 18.7 | 37 | -22 | 5.6 | -2.3 |
VLU | SPDR S&P 1500 Value Tilt ETF | 18.7 | 12 | 3 | 6.2 | -1.7 |
JPUS | JPMorgan Diversified Return U.S. Equity ETF | 18.5 | 18 | -3 | 5.6 | -2.2 |
FNDX | Schwab Fundamental U.S. Large Co. Index ETF | 18.5 | 25 | -10 | 5.8 | -2.1 |
VOOV | Vanguard S&P 500 Value ETF | 18.5 | 10 | 5 | 6.6 | -1.3 |
VUSE | Vident Core US Equity Fund | 18.4 | 48 | -33 | 7.4 | -0.4 |
ROUS | Hartford Multifactor US Equity ETF | 18.2 | 19 | -4 | 5.9 | -1.9 |
SCHD | Schwab U.S. Dividend Equity ETF | 18.2 | 6 | 9 | 7.1 | -0.7 |
VALQ | American Century STOXX U.S. Quality Value ETF | 18.2 | 29 | -14 | 7.9 | +0.0 |
VTV | Vanguard Value Index Fund | 18.1 | 4 | 11 | 6.5 | -1.3 |
STLV | iShares Factors US Value Style ETF | 18.0 | 25 | -10 | 6.5 | -1.4 |
SPVU | Invesco S&P 500 Enhanced Value ETF | 17.8 | 13 | 2 | 9.5 | +1.7 |
VYM | Vanguard High Dividend Yield Index ETF | 17.8 | 6 | 9 | 6.6 | -1.2 |
QLC | FlexShares US Quality Large Cap Index Fund | 17.7 | 32 | -17 | 4.5 | -3.3 |
RWL | Invesco S&P 500 Revenue ETF | 17.7 | 39 | -24 | 6.3 | -1.6 |
SPDV | AAM S&P 500 High Dividend Value ETF | 17.7 | 29 | -14 | 8.4 | +0.6 |
PSM | Principal U.S. Small-MidCap Multi-Factor Core Index ETF | 17.7 | 20 | -5 | 7.1 | -0.7 |
SYLD | Cambria Shareholder Yield ETF | 17.7 | 59 | -44 | 7.2 | -0.7 |
DTD | WisdomTree U.S.Total Dividend Fund | 17.6 | 28 | -13 | 6.3 | -1.6 |
PQLC | PGIM QMA Strategic Alpha Large-Cap Core ETF | 17.6 | 17 | -2 | 6.1 | -1.8 |
KLCD | KFA Large Cap Quality Dividend Index ETF | 17.6 | 42 | -27 | 5.1 | -2.8 |
RAFE | PIMCO RAFI ESG U.S. ETF | 17.5 | 30 | -15 | 6.7 | -1.1 |
ONEV | SPDR Russell 1000 Low Volatility Focus ETF | 17.5 | 20 | -5 | 6.2 | -1.7 |
FNDB | Schwab Fundamental U.S. Broad Market Index ETF | 17.4 | 25 | -10 | 5.7 | -2.1 |
DLN | WisdomTree U.S. LargeCap Dividend Fund | 17.3 | 28 | -13 | 6.2 | -1.7 |
PRF | Invesco FTSE RAFI US 1000 ETF | 17.1 | 39 | -24 | 5.8 | -2.0 |
RSP | Invesco S&P 500 Equal Weight ETF | 17.0 | 20 | -5 | 5.6 | -2.2 |
VFVA | Vanguard U.S. Value Factor ETF | 16.9 | 14 | 1 | 8.5 | +0.6 |
FDRR | Fidelity Dividend ETF for Rising Rates | 16.9 | 29 | -14 | 6.0 | -1.8 |
ULVM | VictoryShares USAA MSCI USA Value Momentum ETF | 16.8 | 20 | -5 | 6.7 | -1.2 |
SPVM | Invesco S&P 500 Value with Momentum ETF | 16.8 | 39 | -24 | 7.8 | -0.1 |
FAB | First Trust Multi Cap Value AlphaDEX Fund | 16.5 | 71 | -56 | 7.5 | -0.3 |
RVRS | Reverse Cap Weighted U.S. Large Cap ETF | 16.5 | 29 | -14 | 6.1 | -1.7 |
PKW | Invesco Buyback Achievers ETF | 16.5 | 62 | -47 | 5.4 | -2.4 |
SCHV | Schwab U.S. Large-Cap Value ETF | 16.5 | 4 | 11 | 6.1 | -1.8 |
DGRO | iShares Core Dividend Growth ETF | 16.4 | 8 | 7 | 6.0 | -1.9 |
FNCL | Fidelity MSCI Financials Index ETF | 16.4 | 8 | 7 | 7.1 | -0.7 |
SPYV | SPDR Portfolio S&P 500 Value ETF | 16.4 | 4 | 11 | 6.4 | -1.5 |
IVE | iShares S&P 500 Value ETF | 16.3 | 18 | -3 | 6.3 | -1.6 |
DEUS | Xtrackers Russell 1000 Comprehensive Factor ETF | 16.3 | 17 | -2 | 5.7 | -2.2 |
REVS | Columbia Research Enhanced Value ETF | 16.2 | 19 | -4 | 6.7 | -1.2 |
IUSV | iShares Core S&P U.S. Value ETF | 16.2 | 4 | 11 | 6.4 | -1.5 |
ONEO | SPDR Russell 1000 Momentum Focus ETF | 16.2 | 20 | -5 | 5.6 | -2.2 |
AFLG | First Trust Active Factor Large Cap ETF | 16.1 | 55 | -40 | 4.8 | -3.1 |
XLF | Financial Select Sector SPDR Fund | 16.1 | 13 | 2 | 6.7 | -1.2 |
NULV | Nuveen ESG Large-Cap Value ETF | 16.1 | 35 | -20 | 6.0 | -1.8 |
TPHD | Timothy Plan High Dividend Stock ETF | 16.0 | 52 | -37 | 5.6 | -2.3 |
MGV | Vanguard Mega Cap Value ETF | 16.0 | 7 | 8 | 6.4 | -1.4 |
FLQL | Franklin LibertyQ U.S. Equity ETF | 15.9 | 15 | 0 | 6.0 | -1.9 |
VFH | Vanguard Financials Index Fund | 15.9 | 10 | 5 | 7.1 | -0.8 |
JHML | John Hancock Multifactor Large Cap ETF | 15.8 | 29 | -14 | 4.9 | -2.9 |
FCPI | Fidelity Stocks for Inflation ETF | 15.8 | 29 | -14 | 5.8 | -2.1 |
IUS | Invesco Strategic US ETF | 15.8 | 19 | -4 | 5.5 | -2.3 |
VLUE | iShares MSCI USA Value Factor ETF | 15.7 | 15 | 0 | 9.8 | +1.9 |
EPS | WisdomTree U.S. Earnings 500 Fund | 15.7 | 8 | 7 | 6.0 | -1.9 |
FVAL | Fidelity Value Factor ETF | 15.6 | 29 | -14 | 6.9 | -0.9 |
QDEF | FlexShares Quality Dividend Defensive Index Fund | 15.6 | 37 | -22 | 5.6 | -2.3 |
VOE | Vanguard Mid-Cap Value Index Fund | 15.5 | 7 | 8 | 6.6 | -1.2 |
VONV | Vanguard Russell 1000 Value Index Fund | 15.4 | 8 | 7 | 6.1 | -1.7 |
QARP | Xtrackers Russell 1000 US Quality at a Reasonable Price ETF | 15.4 | 19 | -4 | 5.4 | -2.5 |
COWZ | Pacer US Cash Cows 100 ETF | 15.4 | 49 | -34 | 10.3 | +2.5 |
SZNE | Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF | 15.3 | 60 | -45 | 4.7 | -3.2 |
FCTR | First Trust Lunt U.S. Factor Rotation ETF | 15.2 | 65 | -50 | 1.2 | -6.7 |
FEX | First Trust Large Cap Core AlphaDEX Fund | 15.2 | 60 | -45 | 4.7 | -3.2 |
FNK | First Trust Mid Cap Value AlphaDEX Fund | 15.2 | 70 | -55 | 7.8 | -0.1 |
AVUS | Avantis U.S. Equity ETF | 15.1 | 15 | 0 | 4.9 | -3.0 |
STLC | iShares Factors US Blend Style ETF | 15.1 | 25 | -10 | 4.9 | -3.0 |
1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.
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RESULTS & ESTIMATES
2015 | 2016 | 2017 | 2018 | 2019 | 2020E | 2021E | |
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Sales per share | ** | ** | ** | ** | ** | ** | ** |
Earnings per share | ** | ** | ** | ** | ** | ** | ** |
Dividends per share ![]() |
** | ** | ** | ** | ** | ** | ** |
Book value per share | ** | ** | ** | ** | ** | ** | ** |
Sales per share growth | **% | **% | **% | **% | **% | **% | |
EPS growth | **% | **% | **% | **% | **% | **% |
Sales per share growth | **% | **% | **% | **% | **% | **% | |
EPS growth | **% | **% | **% | **% | **% | **% |
OTHER FUNDAMENTAL METRICS
Long term EPS growth est. | **% | Debt-to-equity | **x | |
Asset turnover | **% | Assets-to-equity | **x |
*Six months ago = 100 |
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VALUATION METRICS
2019 | 2020E | 2021E | |
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Price-to-sales | ** | ** | ** |
Price-to-earnings | ** | ** | ** |
Price-to-cash flow | ** | ** | ** |
Price-to-growth | ** | ** | ** |
Price-to-book value | ** | ** | ** |
Yield | ** | ** | ** |
Historical valuation trends
Forward multiple: |
Principal Shareholder Yield Index ETF | |||
Relative to: |
S&P500 | MSCI EAFE | MSCI Emg. Mkts. | Other ETF: |
SPECULATIVE |
Deeply undervalued but risky. A rating of SPECULATIVE is assigned to ETFs with ALTAR Scores in the top quintile (the top 20%) of their category, indicating exceptional appreciation potential. However, often these are narrowly-focused funds or in industries with structural issues, which may also make them very risky. Nonetheless they may still be useful as part of a well-diversified portfolio. |
ALTAR Score™
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MODERN PORTFOLIO THEORY
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CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
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