Principal Investment Grade Corporate Active ETF (IG)
IG is an actively managed ETF by Principal. IG launched on Apr 18, 2018 and has a 0.26% expense ratio.
ETF Info
| Issuer | Principal |
|---|---|
| Inception Date | Apr 18, 2018 |
| Region | Developed Markets (Broad) |
| Category | Corporate Bonds, Actively Managed |
| Index Tracked | No Index (Active) |
| Asset Class | Bond |
Expense Ratio
The Principal Investment Grade Corporate Active ETF has a high expense ratio of 0.26%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Principal Investment Grade Corporate Active 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
Principal Investment Grade Corporate Active ETF had a return of -3.45% year-to-date (YTD) and 0.63% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -3.45% | 4.14% |
| 1 month | -3.07% | -4.93% |
| 6 months | 7.08% | 17.59% |
| 1 year | 0.63% | 20.28% |
| 5 years (annualized) | 0.45% | 11.33% |
| 10 years (annualized) | N/A | 10.22% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.38% | -1.57% | 1.24% | |||||||||
| 2023 | -2.75% | -1.75% | 5.67% | 4.36% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
Principal Investment Grade Corporate Active ETF(IG)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Principal Investment Grade Corporate Active ETF (IG) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Principal Investment Grade Corporate Active ETF granted a 4.83% dividend yield in the last twelve months. The annual payout for that period amounted to $0.97 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|
| Dividend | $0.97 | $0.92 | $1.47 | $0.83 | $0.99 | $1.83 | $0.67 |
Dividend yield | 4.83% | 4.36% | 7.18% | 3.16% | 3.63% | 7.04% | 2.76% |
Monthly Dividends
The table displays the monthly dividend distributions for Principal Investment Grade Corporate Active 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.09 | $0.09 | |||||||||
| 2023 | $0.00 | $0.07 | $0.07 | $0.07 | $0.08 | $0.07 | $0.08 | $0.08 | $0.08 | $0.07 | $0.08 | $0.16 |
| 2022 | $0.00 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.13 | $0.12 | $0.26 | $0.48 |
| 2021 | $0.00 | $0.06 | $0.06 | $0.07 | $0.04 | $0.07 | $0.06 | $0.07 | $0.07 | $0.07 | $0.07 | $0.21 |
| 2020 | $0.00 | $0.08 | $0.08 | $0.08 | $0.08 | $0.07 | $0.08 | $0.07 | $0.07 | $0.07 | $0.07 | $0.27 |
| 2019 | $0.00 | $0.08 | $0.09 | $0.08 | $0.08 | $0.08 | $0.09 | $0.08 | $0.08 | $0.08 | $0.07 | $1.01 |
| 2018 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.18 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Principal Investment Grade Corporate Active 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 Investment Grade Corporate Active ETF was 23.17%, occurring on Oct 20, 2022. The portfolio has not yet recovered.
The current Principal Investment Grade Corporate Active ETF drawdown is 15.15%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -23.17% | Sep 23, 2021 | 272 | Oct 20, 2022 | — | — | — |
| -18.9% | Mar 9, 2020 | 10 | Mar 20, 2020 | 71 | Jul 1, 2020 | 81 |
| -6.35% | Dec 1, 2020 | 74 | Mar 18, 2021 | 124 | Sep 14, 2021 | 198 |
| -2.63% | Sep 4, 2019 | 8 | Sep 13, 2019 | 56 | Dec 3, 2019 | 64 |
| -2.5% | Aug 7, 2020 | 60 | Oct 30, 2020 | 13 | Nov 18, 2020 | 73 |
Volatility
Volatility Chart
The current Principal Investment Grade Corporate Active ETF volatility is 2.27%, 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.