Principal Healthcare Innovators Index ETF (BTEC)
BTEC is a passive ETF by Principal tracking the investment results of the NASDAQ U.S. Health Care Innovators Index. BTEC launched on Aug 19, 2016 and has a 0.42% expense ratio.
ETF Info
| ISIN | US74255Y4098 |
|---|---|
| CUSIP | 74255Y409 |
| Issuer | Principal |
| Inception Date | Aug 19, 2016 |
| Region | North America (U.S.) |
| Category | Health & Biotech Equities |
| Leveraged | 1x |
| Index Tracked | NASDAQ U.S. Health Care Innovators Index |
| Asset Class | Equity |
Asset Class Size | Multi-Cap |
Asset Class Style | Growth |
Expense Ratio
BTEC features an expense ratio of 0.42%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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Popular comparisons: BTEC vs. BBP, BTEC vs. IBBQ, BTEC vs. VNQ, BTEC vs. FSLSX, BTEC vs. XBI, BTEC vs. ARKG, BTEC vs. BOTZ, BTEC vs. VOO, BTEC vs. IXJ, BTEC vs. SCHB
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Principal Healthcare Innovators Index ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | N/A | 25.48% |
| 1 month | N/A | 2.14% |
| 6 months | N/A | 12.76% |
| 1 year | N/A | 33.14% |
| 5 years (annualized) | N/A | 13.96% |
| 10 years (annualized) | N/A | 11.39% |
Monthly Returns
The table below presents the monthly returns of BTEC, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -1.62% | 7.95% | -1.45% | -8.63% | 3.54% | 1.33% | 8.34% | 8.70% | |||||
| 2023 | 8.71% | -4.37% | -5.04% | 4.67% | 2.65% | 0.73% | 0.36% | -7.74% | -9.47% | -11.99% | 12.71% | 21.59% | 8.03% |
| 2022 | -16.75% | -0.72% | 2.55% | -17.84% | -4.86% | 2.90% | 9.25% | 2.84% | -5.11% | 0.18% | 0.31% | -2.63% | -28.89% |
| 2021 | 7.71% | -1.22% | -7.38% | 3.73% | -6.71% | 8.71% | -8.21% | 3.29% | -5.35% | -0.62% | -10.82% | -1.40% | -18.70% |
| 2020 | -1.58% | -2.82% | -14.69% | 22.08% | 8.70% | 7.00% | -0.22% | 0.85% | 6.07% | 1.12% | 16.34% | 5.13% | 52.92% |
| 2019 | 18.37% | 6.31% | 0.24% | -5.95% | -4.53% | 9.25% | 0.85% | -5.69% | -3.88% | 4.10% | 15.84% | 2.37% | 39.64% |
| 2018 | 7.00% | -2.56% | -0.58% | -2.76% | 9.15% | 0.32% | -0.60% | 10.32% | -2.73% | -15.18% | 2.20% | -13.99% | -12.24% |
| 2017 | 3.96% | 11.67% | -0.04% | 1.76% | -6.52% | 12.88% | 0.94% | 4.46% | 1.26% | -1.88% | 0.75% | 4.11% | 36.93% |
| 2016 | -3.25% | 6.61% | -14.45% | 8.93% | -6.16% | -9.80% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of BTEC is 25, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Principal Healthcare Innovators Index ETF (BTEC) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Principal Healthcare Innovators Index ETF provided a 0.00% dividend yield over the last twelve months, with an annual payout of $0.00 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|
| Dividend | $0.00 | $0.00 | $0.00 | $0.45 | $0.22 | $0.00 | $0.00 | $0.04 |
Dividend yield | 0.00% | 0.00% | 0.00% | 0.96% | 0.37% | 0.00% | 0.00% | 0.13% |
Monthly Dividends
The table displays the monthly dividend distributions for Principal Healthcare Innovators Index ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.45 | $0.45 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.22 | $0.22 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2017 | $0.04 | $0.04 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Principal Healthcare Innovators Index ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Principal Healthcare Innovators Index ETF was 62.91%, occurring on Oct 27, 2023. The portfolio has not yet recovered.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -62.91% | Feb 9, 2021 | 685 | Oct 27, 2023 | — | — | — |
| -36.16% | Feb 20, 2020 | 20 | Mar 18, 2020 | 37 | May 11, 2020 | 57 |
| -34.13% | Sep 4, 2018 | 72 | Dec 24, 2018 | 221 | Dec 4, 2019 | 293 |
| -20.3% | Sep 29, 2016 | 17 | Nov 3, 2016 | 42 | Mar 1, 2017 | 59 |
| -13.05% | Mar 13, 2018 | 18 | Apr 6, 2018 | 31 | Jun 1, 2018 | 49 |
Volatility
Volatility Chart
The current Principal Healthcare Innovators Index ETF volatility is 6.43%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.