PSET vs. ITOT
Compare and contrast key facts about Principal Quality ETF (PSET) and iShares Core S&P Total U.S. Stock Market ETF (ITOT).
PSET and ITOT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PSET is a passively managed fund by Principal that tracks the performance of the NASDAQ US Price Setters. It was launched on Mar 21, 2016. ITOT is a passively managed fund by iShares that tracks the performance of the S&P Composite 1500 Index. It was launched on Jan 20, 2004. Both PSET and ITOT are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PSET or ITOT.
Key characteristics
| PSET | ITOT | |
|---|---|---|
| YTD Return | 19.94% | 26.74% |
| 1Y Return | 31.34% | 38.99% |
| 3Y Return (Ann) | 9.08% | 8.91% |
| 5Y Return (Ann) | 14.75% | 15.42% |
| Sharpe Ratio | 2.20 | 3.24 |
| Sortino Ratio | 2.99 | 4.29 |
| Omega Ratio | 1.39 | 1.60 |
| Calmar Ratio | 3.32 | 4.83 |
| Martin Ratio | 12.31 | 21.09 |
| Ulcer Index | 2.73% | 1.95% |
| Daily Std Dev | 15.21% | 12.65% |
| Max Drawdown | -34.74% | -55.21% |
| Current Drawdown | -0.16% | 0.00% |
Correlation
The correlation between PSET and ITOT is 0.68, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
PSET vs. ITOT - Performance Comparison
In the year-to-date period, PSET achieves a 19.94% return, which is significantly lower than ITOT's 26.74% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PSET vs. ITOT - Expense Ratio Comparison
PSET has a 0.15% expense ratio, which is higher than ITOT's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
PSET vs. ITOT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Principal Quality ETF (PSET) and iShares Core S&P Total U.S. Stock Market ETF (ITOT). 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.
Dividends
PSET vs. ITOT - Dividend Comparison
PSET's dividend yield for the trailing twelve months is around 0.68%, less than ITOT's 1.20% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PSET Principal Quality ETF | 0.68% | 0.85% | 1.47% | 0.89% | 1.09% | 1.36% | 1.33% | 1.02% | 1.26% | 0.00% | 0.00% | 0.00% |
ITOT iShares Core S&P Total U.S. Stock Market ETF | 1.20% | 1.47% | 1.66% | 1.18% | 1.41% | 1.88% | 2.14% | 1.69% | 1.83% | 2.01% | 2.20% | 2.06% |
Drawdowns
PSET vs. ITOT - Drawdown Comparison
The maximum PSET drawdown since its inception was -34.74%, smaller than the maximum ITOT drawdown of -55.21%. Use the drawdown chart below to compare losses from any high point for PSET and ITOT. For additional features, visit the drawdowns tool.
Volatility
PSET vs. ITOT - Volatility Comparison
Principal Quality ETF (PSET) has a higher volatility of 4.61% compared to iShares Core S&P Total U.S. Stock Market ETF (ITOT) at 4.03%. This indicates that PSET's price experiences larger fluctuations and is considered to be riskier than ITOT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.