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 | |
|---|---|---|---|---|---|
| iShares Morningstar Value ETF | 0.04% | 1.30B | Jun 2004 | PY vs ILCV | |
| iShares Core S&P U.S. Value ETF | 0.04% | 27.02B | Jul 2000 | PY vs IUSV | |
| SPDR Portfolio S&P 500 Value ETF | 0.04% | 35.82B | Sep 2000 | PY vs SPYV | |
| Schwab U.S. Large-Cap Value ETF | 0.04% | 15.78B | Dec 2009 | PY vs SCHV | |
| Vanguard Value ETF | 0.04% | 245.00B | Jan 2004 | PY vs VTV |
Best Risk-Adjusted Alternatives to PY
PY has a PortfoliosLab risk / return rank of 46. There are 102 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 | |
|---|---|---|---|---|---|
| iShares MSCI USA Value Factor ETF | 96 | 9.78B | Apr 2013 | PY vs VLUE | |
| Invesco Dynamic Large Cap Value ETF | 95 | 1.62B | Mar 2005 | PY vs PWV | |
| SEI Enhanced US Large Cap Value Factor ETF | 94 | 956.28M | May 2022 | PY vs SEIV | |
| Avantis U.S. Large Cap Value ETF | 93 | 16.76B | Sep 2021 | PY vs AVLV | |
| Schwab Fundamental U.S. Large Company Index ETF | 93 | 26.25B | Aug 2013 | PY vs FNDX |
Top Performing PY Alternatives (YTD)
PY is at 7.20% YTD. There are 120 ETFs in the Large Cap Value Equities category with higher YTD returns, going as high as 42.84%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| iShares MSCI USA Value Factor ETF | 42.84% | 9.78B | Apr 2013 | PY vs VLUE | |
| Clough Select Equity ETF | 24.90% | 56.12M | Nov 2020 | PY vs CBSE | |
| Eventide High Dividend ETF | 22.35% | 150.61M | Sep 2024 | PY vs ELCV | |
| iShares Core Dividend ETF | 22.13% | 1.59B | Nov 2017 | PY vs DIVB | |
| VictoryShares Free Cash Flow ETF | 21.96% | 8.17B | Jun 2023 | PY vs VFLO |
Lowest Volatility Alternatives to PY
PY has 10.49% 1-year volatility. There are 38 ETFs in the Large Cap Value Equities category with lower 1-year volatility, going as low as 4.16%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| KraneShares Wahed Alternative Income Index ETF | 4.16% | 60.27M | Oct 2025 | PY vs KWIN | |
| WisdomTree U.S. LargeCap Dividend Fund | 8.96% | 6.21B | Jun 2006 | PY vs DLN | |
| Bahl & Gaynor Income Growth ETF | 8.98% | 342.03M | Sep 2023 | PY vs BGIG | |
| Morgan Dempsey Large Cap Value ETF | 9.02% | 32.39M | Apr 2023 | PY vs MDLV | |
| Absolute Select Value ETF | 9.11% | 142.20M | Jan 2020 | PY vs ABEQ |
Lowest Drawdown Alternatives to PY
PY has a 1-year max drawdown of -6.20%. There are 23 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 | |
|---|---|---|---|---|---|
| Invesco Dynamic Large Cap Value ETF | -4.05% | 1.62B | Mar 2005 | PY vs PWV | |
| Morgan Dempsey Large Cap Value ETF | -4.27% | 32.39M | Apr 2023 | PY vs MDLV | |
| First Trust Morningstar Dividend Leaders Index Fun... | -4.27% | 7.48B | Mar 2006 | PY vs FDL | |
| Hartford US Value ETF | -4.93% | 48.88M | Dec 2023 | PY vs VMAX | |
| 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 $4B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Principal U.S. Mega-Cap ETF | Large Cap Growth Equities | 57 | 8.85% | 3.50B | Oct 2017 | PY vs USMC | |
| Principal Spectrum Preferred Secs Active ETF | Preferred Stock/Convertible Bonds | 65 | 1.94% | 1.70B | Jul 2017 | PY vs PREF | |
| Principal Active High Yield ETF | High Yield Bonds | 60 | 3.02% | 569.60M | Jul 2015 | PY vs YLD | |
| Principal U.S. Small Cap Multi-Factor ETF | Small Cap Blend Equities, Multi-factor | 62 | 18.10% | 1.30B | Sep 2016 | PY vs PSC | |
| Principal Quality ETF | Large Cap Growth Equities | 15 | 1.11% | 53.80M | Mar 2016 | PY vs PSET | |
| Principal Spectrum Preferred and Income ETF | Preferred Stock/Convertible Bonds | 63 | 1.70% | 69.50M | Jun 2020 | PY vs PQDI | |
| Principal Investment Grade Corporate Active ETF | Corporate Bonds | — | — | 133.79M | Apr 2018 | PY vs IG | |
| Principal Real Estate Active Opportunities ETF | REIT | 31 | 13.96% | 26.50M | May 2022 | PY vs BYRE | |
| Principal Focused Blue Chip ETF | Large Cap Growth Equities | 10 | -1.17% | 225.00M | Jul 2023 | PY vs BCHP | |
| Principal Capital Appreciation Select ETF | Large Cap Blend Equities | 69 | 12.73% | 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 9 categories, based on PortfoliosLab usage data.
Compare PY with Any Fund or Stock
Compare PY with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
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