PY vs. BCHP

Last updated Apr 1, 2026

Compare and contrast key facts about Principal Value ETF (PY) and Principal Focused Blue Chip ETF (BCHP).

PY and BCHP are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PY is an actively managed fund by Principal. It was launched on Mar 21, 2016. BCHP is an actively managed fund by Principal. It was launched on Jul 12, 2023.

Performance

PY vs. BCHP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Principal Value ETF (PY) and Principal Focused Blue Chip ETF (BCHP). The values are adjusted to include any dividend payments, if applicable.

PY vs. BCHP - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
PY Principal Value ETF	-1.34%	7.74%	16.79%	5.39%
BCHP Principal Focused Blue Chip ETF	-12.70%	10.20%	20.55%	12.89%

Returns By Period

In the year-to-date period, PY achieves a -1.34% return, which is significantly higher than BCHP's -12.70% return.

PY

• 1D: 1.59%
• 1M: -4.13%
• YTD: -1.34%
• 6M: -0.79%
• 1Y: 7.25%
• 3Y*: 11.03%
• 5Y*: 7.67%
• 10Y*: 10.38%

BCHP

• 1D: 3.39%
• 1M: -5.16%
• YTD: -12.70%
• 6M: -13.06%
• 1Y: 1.50%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PY vs. BCHP - Expense Ratio Comparison

PY has a 0.15% expense ratio, which is lower than BCHP's 0.58% expense ratio.

BCHP

Principal Focused Blue Chip ETF

PY

Principal Value ETF

Return for Risk

PY vs. BCHP — Risk / Return Rank

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

PY

PY Risk / Return Rank: 28
PY Sharpe Ratio Rank: 25
PY Sortino Ratio Rank: 25
PY Omega Ratio Rank: 28
PY Calmar Ratio Rank: 28
PY Martin Ratio Rank: 32

BCHP

BCHP Risk / Return Rank: 13
BCHP Sharpe Ratio Rank: 13
BCHP Sortino Ratio Rank: 13
BCHP Omega Ratio Rank: 13
BCHP Calmar Ratio Rank: 14
BCHP Martin Ratio Rank: 14

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.

PY vs. BCHP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Principal Value ETF (PY) and Principal Focused Blue Chip ETF (BCHP). 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.

	PY	BCHP	Difference
Sharpe ratio Return per unit of total volatility	0.42	0.07	+0.35
Sortino ratio Return per unit of downside risk	0.71	0.25	+0.46
Omega ratio Gain probability vs. loss probability	1.11	1.03	+0.07
Calmar ratio Return relative to maximum drawdown	0.64	0.09	+0.55
Martin ratio Return relative to average drawdown	2.77	0.31	+2.45
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PY vs. BCHP - Sharpe Ratio Comparison

The current PY Sharpe Ratio is 0.42, which is higher than the BCHP Sharpe Ratio of 0.07. The chart below compares the historical Sharpe Ratios of PY and BCHP, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	PY	BCHP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.42	0.07	+0.35
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.49	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.52	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.51	0.62	-0.11

Correlation

The correlation between PY and BCHP is 0.63, 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.

Dividends

PY vs. BCHP - Dividend Comparison

PY's dividend yield for the trailing twelve months is around 2.17%, while BCHP has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
PY Principal Value ETF	2.17%	2.14%	2.22%	2.68%	3.02%	2.83%	2.95%	2.25%	2.34%	1.68%	1.85%
BCHP Principal Focused Blue Chip ETF	0.00%	0.00%	1.02%	0.19%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

PY vs. BCHP - Drawdown Comparison

The maximum PY drawdown since its inception was -45.44%, which is greater than BCHP's maximum drawdown of -18.56%. Use the drawdown chart below to compare losses from any high point for PY and BCHP.

Drawdown Indicators

	PY	BCHP	Difference
Max Drawdown Largest peak-to-trough decline	-45.44%	-18.56%	-26.88%
Max Drawdown (1Y) Largest decline over 1 year	-13.27%	-18.12%	+4.85%
Max Drawdown (5Y) Largest decline over 5 years	-17.84%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-45.44%	—	—
Current Drawdown Current decline from peak	-4.54%	-15.19%	+10.65%
Average Drawdown Average peak-to-trough decline	-5.12%	-2.86%	-2.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.08%	5.25%	-2.17%

Volatility

PY vs. BCHP - Volatility Comparison

The current volatility for Principal Value ETF (PY) is 3.54%, while Principal Focused Blue Chip ETF (BCHP) has a volatility of 6.75%. This indicates that PY experiences smaller price fluctuations and is considered to be less risky than BCHP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PY	BCHP	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.54%	6.75%	-3.21%
Volatility (6M) Calculated over the trailing 6-month period	7.99%	12.33%	-4.34%
Volatility (1Y) Calculated over the trailing 1-year period	17.19%	20.27%	-3.08%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.89%	16.83%	-0.94%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.10%	16.83%	+3.27%