- ISIN
- US74255Y6986
- Issuer
- Principal
- Inception Date
- Nov 5, 2024
- Category
- Foreign Large Cap Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
Share Price Chart
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Performance
PIEQ Performance Chart
Principal International Equity ETF (PIEQ) is up 9.3% since the beginning of the year. PIEQ is currently trading at $36 per share.
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Returns By Period
Principal International Equity ETF (PIEQ) has returned 9.31% so far this year and 29.79% over the past 12 months.
Principal International Equity ETF
- 1D
- -0.93%
- 1M
- 2.59%
- YTD
- 9.31%
- 6M
- 10.51%
- 1Y
- 29.79%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
PIEQ Monthly Returns History
Based on dividend-adjusted daily data since Nov 6, 2024, PIEQ's average daily return is +0.10%, while the average monthly return is +1.97%. At this rate, an investment would double in approximately 3.0 years.
Historically, 75% of months were positive and 25% were negative. The best month was Feb 2025 with a return of +5.4%, while the worst month was Mar 2026 at -6.1%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 2 months.
On a daily basis, PIEQ closed higher 53% of trading days. The best single day was Apr 9, 2025 with a return of +5.9%, while the worst single day was Apr 4, 2025 at -6.7%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 4.82% | 4.62% | -6.05% | 2.97% | 1.80% | 1.21% | 9.31% | ||||||
| 2025 | 4.75% | 5.36% | -1.29% | 1.55% | 4.34% | 4.61% | -0.50% | 4.03% | 4.77% | 1.20% | 1.75% | 2.43% | 38.10% |
| 2024 | -0.75% | -2.25% | -2.98% |
Benchmark Metrics
Principal International Equity ETF has an annualized alpha of 12.69%, beta of 0.77, and R2 of 0.55 versus S&P 500 Index. Calculated based on daily prices since November 06, 2024.
- This ETF captured 71.25% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -32.94%) - a profile typical of hedging or uncorrelated assets.
- This ETF generated an annualized alpha of 12.69% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- Alpha
- 12.69%
- Beta
- 0.77
- R²
- 0.55
- Upside Capture
- 71.25%
- Downside Capture
- -32.94%
Expense Ratio
PIEQ has an expense ratio of 0.48%, placing it in the medium range.
Return for Risk
Risk / Return Rank
PIEQ ranks 59 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Principal International Equity ETF (PIEQ) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PIEQ | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.24 | ||
| Sortino ratioReturn per unit of downside risk | -0.25 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.37 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 3.14 | 2.78 | +0.36 |
| Martin ratioReturn relative to average drawdown | 12.26 | 12.44 | -0.18 |
Dividends
Dividend History
Principal International Equity ETF provided a 1.17% dividend yield over the last twelve months, with an annual payout of $0.42 per share.
| Period | TTM | 2025 | 2024 |
|---|---|---|---|
| Dividend | $0.42 | $0.42 | $0.02 |
Dividend yield | 1.17% | 1.28% | 0.10% |
Monthly Dividends
The table displays the monthly dividend distributions for Principal International Equity 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.42 | $0.42 |
| 2024 | $0.02 | $0.02 |
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Principal International Equity 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 International Equity ETF was 15.17%, occurring on Apr 8, 2025. Recovery took 29 trading sessions.
The current Principal International Equity ETF drawdown is 1.56%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2025 selloff2025 | -15.17%Apr 2025 | 1mo 3d | 1mo 12d | 2mo 15dMar 2025 - May 2025 |
2026 pullback2026 | -9.53%Mar 2026 | 28d | 2mo 4d | 3mo 2dMar 2026 - Jun 2026 |
2024 pullback2024 | -4.87%Dec 2024 | 9d | 1mo 5d | 1mo 14dDec 2024 - Jan 2025 |
2026 pullback2026 | -4.67%Jun 2026 | 7d | — | 20d 13hJun 2026 - now |
2024 pullback2024 | -4.29%Nov 2024 | 7d | 24d | 1mo 1dNov 2024 - Dec 2024 |
Drawdown Indicators
| PIEQ | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.17% | -56.78% | +41.61% |
Max Drawdown (1Y)Largest decline over 1 year | -9.53% | -9.10% | -0.43% |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.90% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -1.56% | -1.80% | +0.24% |
Average DrawdownAverage peak-to-trough decline | -1.94% | -10.71% | +8.77% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.44% | 2.03% | +0.41% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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