Principal Value ETF (PY)

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The chart shows the growth of an initial investment of $10,000 in Principal Value ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Principal Value ETF (PY) has returned -1.34% so far this year and 7.25% over the past 12 months. Over the last ten years, PY has returned 10.38% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Mar 22, 2016, PY's average daily return is +0.05%, while the average monthly return is +0.97%. At this rate, your investment would double in approximately 6.0 years.

Historically, 62% of months were positive and 38% were negative. The best month was Nov 2020 with a return of +19.9%, while the worst month was Mar 2020 at -27.9%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 3 months.

On a daily basis, PY closed higher 41% of trading days. The best single day was Mar 13, 2020 with a return of +9.7%, while the worst single day was Mar 12, 2020 at -17.2%.

Principal Value ETF has an annualized alpha of 2.30%, beta of 0.72, and R² of 0.42 versus S&P 500 Index. Calculated based on daily prices since March 23, 2016.

• This ETF participated in 109.82% of S&P 500 Index downside but only 100.66% of its upside — more exposed to losses than it benefited from rallies.
• R² of 0.42 means the benchmark explains less than half of this ETF's behavior — treat beta with caution or consider switching to a more representative benchmark.

PY has an expense ratio of 0.15%, which is considered low.

PY ranks 26 for risk / return — below 26% of ETFs on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.

The table below present risk-adjusted performance metrics for Principal Value ETF (PY) and compare them to a chosen benchmark (S&P 500 Index).

Principal Value ETF provided a 2.17% dividend yield over the last twelve months, with an annual payout of $1.12 per share.

The table displays the monthly dividend distributions for Principal Value ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

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.

The table below displays the maximum drawdowns of the Principal Value 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 Value ETF was 45.44%, occurring on Mar 23, 2020. Recovery took 179 trading sessions.

The current Principal Value ETF drawdown is 4.54%.

The chart below shows the rolling one-month volatility.