BTEC vs. PSET

Last updated Jun 5, 2026

BTEC (Principal Healthcare Innovators Index ETF) and PSET (Principal Quality ETF) are both exchange-traded funds - BTEC is a Health & Biotech Equities fund tracking the NASDAQ U.S. Health Care Innovators Index, while PSET is a Large Cap Growth Equities fund tracking the NASDAQ US Price Setters. Both are passively managed. BTEC charges 0.42%/yr vs 0.15%/yr for PSET.

Performance

BTEC vs. PSET - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Principal Healthcare Innovators Index ETF (BTEC) and Principal Quality ETF (PSET). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BTEC

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

PSET

• 1D: 0.80%
• 1M: 2.98%
• YTD: 0.31%
• 6M: 0.01%
• 1Y: 8.25%
• 3Y*: 13.47%
• 5Y*: 9.03%
• 10Y*: 12.82%

*Multi-year figures are annualized to reflect compound growth (CAGR)

BTEC vs. PSET - Yearly Performance Comparison

	2026 (YTD)
BTEC Principal Healthcare Innovators Index ETF	0.00%
PSET Principal Quality ETF	1.95%

BTEC vs. PSET - Sectors Allocation Comparison

Sectors	BTEC	PSET
Healthcare	99.4%	10.8%
Industrials	0.6%	19.1%
Basic Materials	-	3.3%
Communication Services	-	6.7%
Consumer Cyclical	-	5.4%
Consumer Defensive	-	1.1%
Energy	-	1.4%
Financial Services	-	14.3%
Real Estate	-	-
Technology	-	37.9%
Utilities	-	-

Return for Risk

BTEC vs. PSET — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PSET

PSET Risk / Return Rank: 19
PSET Sharpe Ratio Rank: 21
PSET Sortino Ratio Rank: 20
PSET Omega Ratio Rank: 19
PSET Calmar Ratio Rank: 17
PSET Martin Ratio Rank: 20

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BTEC vs. PSET - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Principal Healthcare Innovators Index ETF (BTEC) and Principal Quality ETF (PSET). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	BTEC	PSET	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.65	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.52	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.71	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.72	—

Drawdowns

BTEC vs. PSET - Drawdown Comparison

The maximum BTEC drawdown since its inception was 0.00%, smaller than the maximum PSET drawdown of -34.74%. Use the drawdown chart below to compare losses from any high point for BTEC and PSET.

Drawdown Indicators

	BTEC	PSET	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-34.74%	+34.74%
Max Drawdown (1Y) Largest decline over 1 year	—	-12.94%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-21.96%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-25.61%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-34.74%	—
Current Drawdown Current decline from peak	0.00%	-1.81%	+1.81%
Average Drawdown Average peak-to-trough decline	0.00%	-4.59%	+4.59%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.82%	—

Volatility

Volatility by Period

	BTEC	PSET	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.06%	—
Volatility (6M) Calculated over the trailing 6-month period	—	9.70%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	12.66%	-12.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	17.51%	-17.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	18.05%	-18.05%

BTEC vs. PSET - Expense Ratio Comparison

BTEC has a 0.42% expense ratio, which is higher than PSET's 0.15% expense ratio.

Dividends

BTEC vs. PSET - Dividend Comparison

BTEC has not paid dividends to shareholders, while PSET's dividend yield for the trailing twelve months is around 0.62%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
BTEC Principal Healthcare Innovators Index ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
PSET Principal Quality ETF	0.62%	0.59%	0.69%	0.85%	1.47%	0.89%	1.09%	1.52%	1.33%	1.02%	1.26%

Frequently Asked Questions

Which ETF is better, BTEC or PSET?

On fees, PSET is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BTEC or PSET?

PSET is cheaper with a 0.15% expense ratio, compared with 0.42% for BTEC.

Which ETF pays a higher dividend yield, BTEC or PSET?

PSET has the higher dividend yield at 0.62%, compared with 0.00% for BTEC.

What is the main difference between BTEC and PSET?

BTEC is categorized as Health & Biotech Equities, while PSET is Large Cap Growth Equities. BTEC tracks NASDAQ U.S. Health Care Innovators Index, while PSET tracks NASDAQ US Price Setters. Their fees differ too: 0.42% for BTEC and 0.15% for PSET.