PSET ISSUER
The Principal Quality ETF (PSET) is managed by Principal Global Investors, LLC (PGI), a renowned investment management firm. PGI employs a proprietary quantitative model to select equity securities from either the S&P 500 Index or S&P 400 Index that demonstrate characteristics of higher quality, growth potential, and pricing power. These quality attributes are assessed based on factors such as profitability, earnings quality, balance sheet strength, and solvency. PGI's expertise, coupled with a commitment to identifying and capitalizing on investment trends, underscores the approach to managing PSET, making it an attractive choice for investors seeking exposure to high-quality equities across varying market capitalizations and styles.
PSET DIVIDEND
The Invesco S&P SmallCap Information Technology ETF (PSET) offers investors exposure to small-cap companies in the information technology sector, with a focus on growth potential. While PSET primarily emphasizes capital appreciation, it also reflects the dividend distribution of its underlying S&P SmallCap 600 Capped Information Technology Index constituents. Dividends from these companies are typically distributed on a regular basis, and eligibility for these dividends depends on the individual dividend policies and performance of the underlying companies within the index. Investors considering PSET can expect potential capital gains alongside some dividend returns, making it a well-rounded choice for those seeking exposure to the dynamic small-cap IT sector.
PSET TRACKING
The Principal Quality ETF is designed to track the performance of high-quality equity securities within the S&P 500 Index and S&P 400 Index. Managed by Principal Global Investors, LLC, this ETF utilizes a proprietary quantitative model to identify stocks with superior quality attributes, including profitability, earnings quality, balance sheet strength, and pricing power. By focusing on higher-quality companies within these indexes, the Principal Quality ETF aims to provide investors with exposure to stocks that exhibit strong growth potential and pricing power, offering a distinctive approach to index tracking within the medium to large-cap segments of the U.S. equity market.
PSET CORRELATION
The correlation aspect of the Principal Quality ETF (Ticker:Principal Quality ETF) is an essential factor to consider when evaluating its performance and role within an investment portfolio. As this ETF primarily invests in equity securities from the S&P 500 and S&P 400 Indices that exhibit higher quality characteristics, its correlation with these indices is crucial. Investors typically expect this ETF to have a positive correlation with these benchmark indices due to its focus on higher quality, growth potential, and pricing power stocks within them. Understanding this correlation can help investors assess the effectiveness of the ETF in achieving its investment objectives, such as providing exposure to high-quality equities. To gain deeper insights into the correlation of the Principal Quality ETF with its benchmark indices and other assets, ETF Insider offers a powerful web app with simple visualization tools. This tool allows investors to study correlations comprehensively, helping them make more informed decisions about their portfolios. By using ETF Insider's web app, investors can uncover valuable information about how this ETF aligns with broader market trends, making it an invaluable resource for managing risk and optimizing their investment strategies.
PSET SECTOR
The Principal Quality ETF (PSET) predominantly focuses on equity securities within the healthcare sector. Employing a proprietary quantitative model, Principal Global Investors, LLC seeks to identify healthcare companies in the S&P 500 and S&P 400 Indices that exhibit characteristics such as high quality, growth potential, and pricing power. With this targeted approach, PSET offers investors exposure to a sector known for innovation and potential growth opportunities within the healthcare industry. However, it's important to note that concentrating investments in a single sector can expose the fund to sector-specific risks.
PSET EXPOSURE
The Principal Quality ETF primarily invests in equity securities, with a focus on quality, growth potential, and pricing power. The fund's proprietary quantitative model identifies equity securities in the S&P 500 Index or S&P 400 Index that exhibit higher quality attributes, including profitability, earnings quality, balance sheet strength, and solvency. Additionally, it seeks companies with pricing power, the ability to raise product prices without reducing demand. The fund may invest in a range of market capitalizations (medium or large) and styles (growth or value) within the S&P 500 and S&P 400 Index components. Principal Global Investors, LLC, manages the fund and uses various sources, including internal research, industry reports, and third-party data, to refine its investment themes and make strategic adjustments. The fund's exposure centers on high-quality equities within the healthcare sector and other industries as of September 30, 2022. For investors looking to gain exposure to quality and growth potential in the U.S. equity market, the Principal Quality ETF offers a focused investment approach. For a comprehensive analysis of the Principal Quality ETF's exposure and its alignment with your investment goals, consider using our tool ETF Insider. With its web app and visualization tool, ETF Insider provides deep and insightful data on various U.S. ETFs, helping you understand exposure, overlaps, correlations, and more to make informed investment decisions.