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 15 ETFs in the Large Cap Value Equities category with lower expense ratios, going as low as 0.04%.

Symbol	Name	Expense Ratio	AUM	Inception
IUSV	iShares Core S&P U.S. Value ETF	0.04%	26.12B	Jul 2000	PY vs IUSV
ILCV	iShares Morningstar Value ETF	0.04%	1.27B	Jun 2004	PY vs ILCV
SPYV	SPDR Portfolio S&P 500 Value ETF	0.04%	35.22B	Sep 2000	PY vs SPYV
SCHV	Schwab U.S. Large-Cap Value ETF	0.04%	15.54B	Dec 2009	PY vs SCHV
VTV	Vanguard Value ETF	0.04%	238.00B	Jan 2004	PY vs VTV

Best Risk-Adjusted Alternatives to PY

PY has a PortfoliosLab risk / return rank of 41. There are 97 ETFs in the Large Cap Value Equities category with higher risk-adjusted ranks, going as high as 97.

Symbol	Name	Risk / Return Rank	AUM	Inception
VLUE	iShares Edge MSCI USA Value Factor ETF	97	15.87B	Apr 2013	PY vs VLUE
SEIV	SEI Enhanced US Large Cap Value Factor ETF	93	956.28M	May 2022	PY vs SEIV
LSVD	LSV Disciplined Value ETF	92	617.15M	Dec 2024	PY vs LSVD
AVLV	Avantis U.S. Large Cap Value ETF	91	12.01B	Sep 2021	PY vs AVLV
FNDX	Schwab Fundamental U.S. Large Company Index ETF	90	25.47B	Aug 2013	PY vs FNDX

Top Performing PY Alternatives (YTD)

PY is at 4.14% YTD. There are 116 ETFs in the Large Cap Value Equities category with higher YTD returns, going as high as 49.00%.

Symbol	Name	YTD Return	AUM	Inception
VLUE	iShares Edge MSCI USA Value Factor ETF	49.00%	15.87B	Apr 2013	PY vs VLUE
CBSE	Clough Select Equity ETF	32.18%	52.30M	Nov 2020	PY vs CBSE
ELCV	Eventide High Dividend ETF	21.38%	150.61M	Sep 2024	PY vs ELCV
ROE	Astoria US Equal Weight Quality Kings ETF	20.98%	164.26M	Jul 2023	PY vs ROE
AVLV	Avantis U.S. Large Cap Value ETF	20.64%	12.01B	Sep 2021	PY vs AVLV

Lowest Volatility Alternatives to PY

PY has 10.53% 1-year volatility. There are 41 ETFs in the Large Cap Value Equities category with lower 1-year volatility, going as low as 8.76%.

Symbol	Name	Volatility 1Y	AUM	Inception
MDLV	Morgan Dempsey Large Cap Value ETF	8.76%	32.39M	Apr 2023	PY vs MDLV
FUNL	CornerCap Fundametrics Large-Cap ETF FUNL	8.82%	212.00M	Aug 2020	PY vs FUNL
ABEQ	Absolute Select Value ETF	8.91%	140.50M	Jan 2020	PY vs ABEQ
BGIG	Bahl & Gaynor Income Growth ETF	9.00%	342.03M	Sep 2023	PY vs BGIG
DIVZ	Opal Dividend Income ETF	9.28%	247.48M	Jan 2021	PY vs DIVZ

Lowest Drawdown Alternatives to PY

PY has a 1-year max drawdown of -6.20%. There are 25 ETFs in the Large Cap Value Equities category with shallower 1-year drawdowns, going as shallow as -3.83%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
FUNL	CornerCap Fundametrics Large-Cap ETF FUNL	-3.83%	212.00M	Aug 2020	PY vs FUNL
PWV	Invesco Dynamic Large Cap Value ETF	-4.05%	1.50B	Mar 2005	PY vs PWV
FDL	First Trust Morningstar Dividend Leaders Index Fun...	-4.27%	7.39B	Mar 2006	PY vs FDL
MDLV	Morgan Dempsey Large Cap Value ETF	-4.27%	32.39M	Apr 2023	PY vs MDLV
GCOW	Pacer Global Cash Cows Dividend ETF	-4.77%	3.35B	Feb 2016	PY vs GCOW

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	54	8.73%	3.40B	Oct 2017	PY vs USMC
PREF	Principal Spectrum Preferred Secs Active ETF	Preferred Stock/Convertible Bonds	64	1.65%	1.70B	Jul 2017	PY vs PREF
YLD	Principal Active High Yield ETF	High Yield Bonds	59	2.83%	544.60M	Jul 2015	PY vs YLD
PSC	Principal U.S. Small Cap Multi-Factor ETF	Small Cap Blend Equities, Multi-factor	46	13.84%	1.30B	Sep 2016	PY vs PSC
BTEC	Principal Healthcare Innovators Index ETF	Health & Biotech Equities	—	—	16.16M	Aug 2016	PY vs BTEC
PSET	Principal Quality ETF	Large Cap Growth Equities	18	-0.49%	53.80M	Mar 2016	PY vs PSET
PQDI	Principal Spectrum Preferred and Income ETF	Preferred Stock/Convertible Bonds	63	1.19%	68.90M	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	21	9.88%	25.70M	May 2022	PY vs BYRE
BCHP	Principal Focused Blue Chip ETF	Large Cap Growth Equities	14	-0.40%	229.00M	Jul 2023	PY vs BCHP

Often Compared With PY

Investors most often compare PY with SCHD, VOO, DJD. 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	80	19.01%	94.95B	Oct 2011	PY vs SCHD
VOO	Vanguard S&P 500 ETF	S&P 500	70	10.91%	1.60T	Sep 2010	PY vs VOO
DJD	Invesco Dow Jones Industrial Average Dividend ETF	Large Cap Blend Equities, Dividend	71	10.32%	453.49M	Dec 2015	PY vs DJD
SPY	State Street SPDR S&P 500 ETF	S&P 500	70	10.91%	781.00B	Jan 1993	PY vs SPY
AVUS	Avantis U.S. Equity ETF	Large Cap Blend Equities	81	14.42%	12.71B	Sep 2019	PY vs AVUS
DGRO	iShares Core Dividend Growth ETF	Large Cap Growth Equities, Dividend	71	8.76%	40.46B	Jun 2014	PY vs DGRO
SCHK	Schwab 1000 Index ETF	Large Cap Growth Equities	67	11.04%	5.69B	Oct 2017	PY vs SCHK
SPYD	State Street SPDR Portfolio S&P 500 High Dividend ...	S&P 500, Dividend	41	10.34%	7.30B	Oct 2015	PY vs SPYD
DIVO	Amplify CWP Enhanced Dividend Income ETF	Derivative Income	61	5.53%	7.11B	Dec 2016	PY vs DIVO
SPLV	Invesco S&P 500 Low Volatility ETF	S&P 500, Large Cap Value Equities	8	1.32%	6.91B	May 2011	PY vs SPLV
DHLX	Diamond Hill Large Cap Concentrated ETF	Large Cap Value Equities	—	-1.71%	34.30M	Feb 2021	PY vs DHLX
LCAP	Principal Capital Appreciation Select ETF	Large Cap Blend Equities	65	12.02%	194.16M	Mar 2025	PY vs LCAP
CSTK	Invesco Comstock Contrarian Equity ETF	Large Cap Value Equities	70	11.29%	—	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	29	8.60%	44.00M	Dec 2021	PY vs DFRA
KEAT	Keating Active ETF	Global Allocation	73	9.05%	99.30M	Mar 2024	PY vs KEAT
SCHG	Schwab U.S. Large-Cap Growth ETF	Large Cap Growth Equities	39	6.42%	61.08B	Dec 2009	PY vs SCHG
JEPI	JPMorgan Equity Premium Income ETF	Dividend, Derivative Income	26	0.15%	44.59B	May 2020	PY vs JEPI
LVDS	JPMorgan Fundamental Data Science Large Value ETF	Large Cap Value Equities	—	13.56%	103.30M	Jul 2025	PY vs LVDS
QQQH	NEOS Nasdaq-100 Hedged Equity Income ETF	Nasdaq-100, Hedge Fund	62	7.91%	375.87M	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.

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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