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Principal Healthcare Innovators Index ETF (BTEC)

ETF · Currency in USD · Last updated Jun 28, 2022

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

ISINUS74255Y4098
CUSIP74255Y409
IssuerPrincipal
Inception DateAug 19, 2016
RegionNorth America (U.S.)
CategoryHealth & Biotech Equities
Expense Ratio0.42%
Index TrackedNASDAQ U.S. Health Care Innovators Index
Asset ClassEquity

Asset Class Size

Multi-Cap

Asset Class Style

Growth

Trading Data

Previous Close$33.76
Year Range$27.71 - $60.84
EMA (50)$32.74
EMA (200)$41.89
Average Volume$5.99K

BTECShare Price Chart


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BTECPerformance

The chart shows the growth of $10,000 invested in Principal Healthcare Innovators Index ETF on Aug 23, 2016 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $13,433 for a total return of roughly 34.33%. All prices are adjusted for splits and dividends.


BTEC (Principal Healthcare Innovators Index ETF)
Benchmark (^GSPC)

BTECReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
1M4.81%-6.21%
YTD-28.61%-18.17%
6M-31.64%-17.47%
1Y-44.15%-8.89%
5Y3.48%9.41%
10Y5.95%8.37%

BTECMonthly Returns Heatmap


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BTECSharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current Principal Healthcare Innovators Index ETF Sharpe ratio is -1.14. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


BTEC (Principal Healthcare Innovators Index ETF)
Benchmark (^GSPC)

BTECDividend History

Principal Healthcare Innovators Index ETF granted a 1.34% dividend yield in the last twelve months. The annual payout for that period amounted to $0.45 per share.


PeriodTTM202120202019201820172016
Dividend$0.45$0.45$0.22$0.00$0.00$0.04$0.00

Dividend yield

1.34%0.96%0.37%0.00%0.00%0.13%0.00%

BTECDrawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


BTEC (Principal Healthcare Innovators Index ETF)
Benchmark (^GSPC)

BTECWorst Drawdowns

The table below shows the maximum drawdowns of the Principal Healthcare Innovators Index ETF. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the Principal Healthcare Innovators Index ETF is 60.48%, recorded on May 11, 2022. The portfolio has not recovered from it yet.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-60.48%Feb 9, 2021317May 11, 2022
-36.16%Feb 20, 202020Mar 18, 202037May 11, 202057
-34.13%Sep 4, 201872Dec 24, 2018221Dec 4, 2019293
-20.3%Sep 29, 201617Nov 3, 201642Mar 1, 201759
-13.05%Mar 13, 201818Apr 6, 201831Jun 1, 201849
-12.75%Jul 21, 202035Sep 8, 202019Oct 5, 202054
-12.21%Jan 30, 20189Feb 9, 201817Mar 9, 201826
-9.34%Jul 26, 20179Aug 11, 20178Aug 31, 201717
-8.04%Mar 3, 201730May 31, 20173Jun 21, 201733
-7.88%Oct 9, 201724Nov 14, 201720Dec 27, 201744

BTECVolatility Chart

Current Principal Healthcare Innovators Index ETF volatility is 45.39%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


BTEC (Principal Healthcare Innovators Index ETF)
Benchmark (^GSPC)

Portfolios with Principal Healthcare Innovators Index ETF


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