- Issuer
- Principal
- Inception Date
- Mar 21, 2016
- Region
- North America (U.S.)
- Category
- Large Cap Growth Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- NASDAQ US Price Setters
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Multi-Cap
- Asset Class Style
- Growth
- Assets Under Management
- $54M
Share Price Chart
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Performance
PSET Performance Chart
Principal Quality ETF (PSET) is down 2.0% since the beginning of the year. PSET is currently trading at $75 per share. Investors who bought $1,000 worth of PSET shares 5 years ago would now be looking at an investment worth $1,490.
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Returns By Period
Principal Quality ETF (PSET) has returned -1.95% so far this year and 6.76% over the past 12 months. Over the last ten years, PSET has returned 12.57% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Principal Quality ETF
- 1D
- -0.76%
- 1M
- -1.04%
- YTD
- -1.95%
- 6M
- -2.53%
- 1Y
- 6.76%
- 3Y*
- 11.66%
- 5Y*
- 8.30%
- 10Y*
- 12.57%
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%
PSET Monthly Returns History
Based on dividend-adjusted daily data since Mar 22, 2016, PSET's average daily return is +0.05%, while the average monthly return is +1.08%. At this rate, an investment would double in approximately 5.4 years.
Historically, 62% of months were positive and 38% were negative. The best month was Nov 2023 with a return of +10.5%, while the worst month was Mar 2020 at -9.9%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 5 months.
On a daily basis, PSET closed higher 41% of trading days. The best single day was Apr 9, 2025 with a return of +10.0%, while the worst single day was Mar 16, 2020 at -11.0%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -0.70% | -1.48% | -6.80% | 7.11% | 2.47% | -2.03% | -1.95% | ||||||
| 2025 | 3.07% | -4.63% | -6.17% | 0.30% | 6.01% | 5.05% | 1.90% | 0.79% | 0.81% | 1.07% | 0.00% | -0.48% | 7.27% |
| 2024 | 1.62% | 6.31% | 2.48% | -5.61% | 3.02% | 3.74% | 0.26% | 1.56% | 2.55% | -2.34% | 5.53% | -2.11% | 17.65% |
| 2023 | 5.38% | -2.44% | 2.61% | -0.27% | 0.34% | 7.49% | 2.87% | -0.28% | -5.47% | -3.59% | 10.47% | 5.85% | 24.07% |
| 2022 | -9.40% | -3.48% | 4.87% | -6.93% | -0.48% | -7.01% | 8.98% | -5.75% | -8.30% | 9.51% | 7.33% | -4.53% | -16.52% |
| 2021 | -3.65% | 2.04% | 5.97% | 4.19% | 0.78% | 3.21% | 4.49% | 2.52% | -5.08% | 6.35% | -0.91% | 7.11% | 29.59% |
Benchmark Metrics
Principal Quality ETF has an annualized alpha of 2.27%, beta of 0.78, and R2 of 0.62 versus S&P 500 Index. Calculated based on daily prices since March 22, 2016.
- This ETF generated an annualized alpha of 2.27% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- Alpha
- 2.27%
- Beta
- 0.78
- R²
- 0.62
- Upside Capture
- 95.86%
- Downside Capture
- 99.34%
Expense Ratio
PSET has an expense ratio of 0.15%, which is considered low.
Return for Risk
Risk / Return Rank
PSET ranks 16 for risk / return — in the bottom 16% of ETFs on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Principal Quality ETF (PSET) 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.
| PSET | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.51 | ||
| Sortino ratioReturn per unit of downside risk | -1.94 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.37 | -0.27 |
| Calmar ratioReturn relative to maximum drawdown | 0.52 | 2.78 | -2.26 |
| Martin ratioReturn relative to average drawdown | 1.74 | 12.44 | -10.70 |
Dividends
Dividend History
Principal Quality ETF provided a 0.64% dividend yield over the last twelve months, with an annual payout of $0.47 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.47 | $0.45 | $0.49 | $0.52 | $0.73 | $0.54 | $0.51 | $0.63 | $0.41 | $0.33 | $0.33 |
Dividend yield | 0.64% | 0.59% | 0.69% | 0.85% | 1.47% | 0.89% | 1.09% | 1.52% | 1.33% | 1.02% | 1.26% |
Monthly Dividends
The table displays the monthly dividend distributions for Principal Quality 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 | $0.14 | $0.00 | $0.00 | $0.14 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.11 | $0.00 | $0.14 | $0.45 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.12 | $0.00 | $0.12 | $0.49 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.13 | $0.00 | $0.12 | $0.52 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.24 | $0.00 | $0.00 | $0.16 | $0.00 | $0.21 | $0.73 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.11 | $0.00 | $0.17 | $0.54 |
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 Quality 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 Quality ETF was 34.74%, occurring on Mar 23, 2020. Recovery took 108 trading sessions.
The current Principal Quality ETF drawdown is 4.03%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -34.74%Mar 2020 | 1mo 1d | 5mo 5d | 6mo 6dFeb 2020 - Aug 2020 |
Bear market2022 | -25.61%Sep 2022 | 9mo | 1y 2mo | 1y 11moJan 2022 - Dec 2023 |
2025 selloff2025 | -21.96%Apr 2025 | 2mo 14d | 3mo 17d | 6mo 1dJan 2025 - Jul 2025 |
Rate-hike selloffLate 2018 | -13.62%Dec 2018 | 2mo 27d | 2mo 7d | 5mo 4dSep 2018 - Feb 2019 |
2026 correction2026 | -12.94%Mar 2026 | 2mo 17d | — | 5mo 12dJan 2026 - now |
Drawdown Indicators
| PSET | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.74% | -56.78% | +22.04% |
Max Drawdown (1Y)Largest decline over 1 year | -12.94% | -9.10% | -3.84% |
Max Drawdown (3Y)Largest decline over 3 years | -21.96% | -18.90% | -3.06% |
Max Drawdown (5Y)Largest decline over 5 years | -25.61% | -25.43% | -0.18% |
Max Drawdown (10Y)Largest decline over 10 years | -34.74% | -33.92% | -0.82% |
Current DrawdownCurrent decline from peak | -4.03% | -1.80% | -2.23% |
Average DrawdownAverage peak-to-trough decline | -4.58% | -10.71% | +6.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.89% | 2.03% | +1.86% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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