PY Alternatives & Similar ETFs

Principal Value ETF (PY) belongs to the Large Cap Value Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with PY. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to PY

PY charges 0.15% annually. There are 17 ETFs in the Large Cap Value Equities category with lower expense ratios, going as low as 0.04%.

Symbol	Name	Expense Ratio	AUM	Inception
SCHV	Schwab U.S. Large-Cap Value ETF	0.04%	15.79B	Dec 2009	PY vs SCHV
SPYV	SPDR Portfolio S&P 500 Value ETF	0.04%	35.07B	Sep 2000	PY vs SPYV
VTV	Vanguard Value ETF	0.04%	245.00B	Jan 2004	PY vs VTV
IUSV	iShares Core S&P U.S. Value ETF	0.04%	26.18B	Jul 2000	PY vs IUSV
ILCV	iShares Morningstar Value ETF	0.04%	1.38B	Jun 2004	PY vs ILCV

Best Risk-Adjusted Alternatives to PY

PY has a PortfoliosLab risk / return rank of 39. There are 105 ETFs in the Large Cap Value Equities category with higher risk-adjusted ranks, going as high as 96.

Symbol	Name	Risk / Return Rank	AUM	Inception
VLUE	iShares MSCI USA Value Factor ETF	96	14.76B	Apr 2013	PY vs VLUE
SEIV	SEI Enhanced US Large Cap Value Factor ETF	92	956.28M	May 2022	PY vs SEIV
PWV	Invesco Dynamic Large Cap Value ETF	91	1.53B	Mar 2005	PY vs PWV
AVLV	Avantis U.S. Large Cap Value ETF	91	12.01B	Sep 2021	PY vs AVLV
LSVD	LSV Disciplined Value ETF	90	617.15M	Dec 2024	PY vs LSVD

Top Performing PY Alternatives (YTD)

PY is at 3.40% YTD. There are 124 ETFs in the Large Cap Value Equities category with higher YTD returns, going as high as 45.30%.

Symbol	Name	YTD Return	AUM	Inception
VLUE	iShares MSCI USA Value Factor ETF	45.30%	14.76B	Apr 2013	PY vs VLUE
CBSE	Clough Select Equity ETF	27.35%	55.44M	Nov 2020	PY vs CBSE
ELCV	Eventide High Dividend ETF	23.11%	150.61M	Sep 2024	PY vs ELCV
AVLV	Avantis U.S. Large Cap Value ETF	20.57%	12.01B	Sep 2021	PY vs AVLV
ROE	Astoria US Equal Weight Quality Kings ETF	19.29%	164.26M	Jul 2023	PY vs ROE

Lowest Volatility Alternatives to PY

PY has 10.53% 1-year volatility. There are 35 ETFs in the Large Cap Value Equities category with lower 1-year volatility, going as low as 8.95%.

Symbol	Name	Volatility 1Y	AUM	Inception
ABEQ	Absolute Select Value ETF	8.95%	141.50M	Jan 2020	PY vs ABEQ
MDLV	Morgan Dempsey Large Cap Value ETF	8.95%	32.39M	Apr 2023	PY vs MDLV
DLN	WisdomTree U.S. LargeCap Dividend Fund	9.03%	6.12B	Jun 2006	PY vs DLN
BGIG	Bahl & Gaynor Income Growth ETF	9.05%	342.03M	Sep 2023	PY vs BGIG
DTD	WisdomTree U.S. Total Dividend Fund	9.41%	1.61B	Jun 2006	PY vs DTD

Lowest Drawdown Alternatives to PY

PY has a 1-year max drawdown of -6.20%. There are 22 ETFs in the Large Cap Value Equities category with shallower 1-year drawdowns, going as shallow as -4.05%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
PWV	Invesco Dynamic Large Cap Value ETF	-4.05%	1.53B	Mar 2005	PY vs PWV
MDLV	Morgan Dempsey Large Cap Value ETF	-4.27%	32.39M	Apr 2023	PY vs MDLV
FDL	First Trust Morningstar Dividend Leaders Index Fun...	-4.27%	9.22B	Mar 2006	PY vs FDL
VMAX	Hartford US Value ETF	-4.93%	48.54M	Dec 2023	PY vs VMAX
ELCV	Eventide High Dividend ETF	-5.05%	150.61M	Sep 2024	PY vs ELCV

Other ETFs from Principal

The 10 most viewed Principal ETFs shown here include USMC, PREF, YLD and span 8 categories. AUM among these funds goes as high as $3B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
USMC	Principal U.S. Mega-Cap ETF	Large Cap Growth Equities	47	6.42%	3.40B	Oct 2017	PY vs USMC
PREF	Principal Spectrum Preferred Secs Active ETF	Preferred Stock/Convertible Bonds	62	1.90%	1.70B	Jul 2017	PY vs PREF
YLD	Principal Active High Yield ETF	High Yield Bonds	53	2.78%	566.30M	Jul 2015	PY vs YLD
PSC	Principal U.S. Small Cap Multi-Factor ETF	Small Cap Blend Equities, Multi-factor	57	17.73%	1.30B	Sep 2016	PY vs PSC
PSET	Principal Quality ETF	Large Cap Growth Equities	14	-2.63%	53.80M	Mar 2016	PY vs PSET
PQDI	Principal Spectrum Preferred and Income ETF	Preferred Stock/Convertible Bonds	61	1.39%	69.70M	Jun 2020	PY vs PQDI
IG	Principal Investment Grade Corporate Active ETF	Corporate Bonds	—	—	133.79M	Apr 2018	PY vs IG
BYRE	Principal Real Estate Active Opportunities ETF	REIT	22	13.03%	25.20M	May 2022	PY vs BYRE
BCHP	Principal Focused Blue Chip ETF	Large Cap Growth Equities	9	-4.91%	221.70M	Jul 2023	PY vs BCHP
LCAP	Principal Capital Appreciation Select ETF	Large Cap Blend Equities	58	9.75%	194.16M	Mar 2025	PY vs LCAP

Often Compared With PY

Investors most often compare PY with SCHD, DJD, VOO. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
SCHD	Schwab U.S. Dividend Equity ETF	Dividend	77	17.72%	99.95B	Oct 2011	PY vs SCHD
DJD	Invesco Dow Jones Industrial Average Dividend ETF	Large Cap Value Equities, Dividend	79	11.47%	455.13M	Dec 2015	PY vs DJD
VOO	Vanguard S&P 500 ETF	S&P 500	59	8.19%	1.70T	Sep 2010	PY vs VOO
SPY	State Street SPDR S&P 500 ETF	S&P 500	59	8.15%	765.27B	Jan 1993	PY vs SPY
AVUS	Avantis U.S. Equity ETF	Large Cap Blend Equities	78	13.23%	12.71B	Sep 2019	PY vs AVUS
DGRO	iShares Core Dividend Growth ETF	Large Cap Growth Equities, Dividend	75	9.19%	41.89B	Jun 2014	PY vs DGRO
SCHK	Schwab 1000 Index ETF	Large Cap Blend Equities	58	8.54%	5.68B	Oct 2017	PY vs SCHK
SPYD	State Street SPDR Portfolio S&P 500 High Dividend ...	S&P 500, Dividend	47	12.56%	7.30B	Oct 2015	PY vs SPYD
DIVO	Amplify CWP Enhanced Dividend Income ETF	Derivative Income	60	5.40%	7.20B	Dec 2016	PY vs DIVO
SPLV	Invesco S&P 500 Low Volatility ETF	S&P 500, Large Cap Blend Equities	15	5.06%	6.87B	May 2011	PY vs SPLV
DHLX	Diamond Hill Large Cap Concentrated ETF	Large Cap Value Equities	—	-1.56%	34.30M	Feb 2021	PY vs DHLX
CSTK	Invesco Comstock Contrarian Equity ETF	Large Cap Value Equities	73	12.57%	—	May 2025	PY vs CSTK
PRXV	Praxis Impact Large Cap Value ETF	Large Cap Value Equities, ESG	—	—	53.64M	Apr 2025	PY vs PRXV
DFRA	Donoghue Forlines Yield Enhanced Real Asset ETF	Large Cap Value Equities	20	4.86%	44.00M	Dec 2021	PY vs DFRA
KEAT	Keating Active ETF	Global Allocation	51	5.02%	99.30M	Mar 2024	PY vs KEAT
SCHG	Schwab U.S. Large-Cap Growth ETF	Large Cap Growth Equities	28	1.35%	59.17B	Dec 2009	PY vs SCHG
GCOW	Pacer Global Cash Cows Dividend ETF	Large Cap Value Equities, Dividend	60	7.34%	3.28B	Feb 2016	PY vs GCOW
JEPI	JPMorgan Equity Premium Income ETF	Dividend, Derivative Income	27	0.91%	44.26B	May 2020	PY vs JEPI
LVDS	JPMorgan Fundamental Data Science Large Value ETF	Large Cap Value Equities	—	15.18%	106.36M	Jul 2025	PY vs LVDS
QQQH	NEOS Nasdaq-100 Hedged Equity Income ETF	Nasdaq-100, Hedge Fund	49	5.59%	379.69M	Dec 2019	PY vs QQQH

Compare PY with Any Fund or Stock

Compare PY with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

Symbol name

Diversifiers

Pair PY with funds that move differently

Principal Value ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PY.

Explore PY Diversifiers

Principal Value ETF (PY) Alternatives