USMC vs. DUBS

Last updated Apr 1, 2026

Compare and contrast key facts about Principal U.S. Mega-Cap ETF (USMC) and Aptus Large Cap Enhanced Yield ETF (DUBS).

USMC and DUBS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. USMC is a passively managed fund by Principal that tracks the performance of the Nasdaq US Mega Cap Select Leaders Index. It was launched on Oct 12, 2017. DUBS is an actively managed fund by Aptus. It was launched on Jun 13, 2023.

Performance

USMC vs. DUBS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Principal U.S. Mega-Cap ETF (USMC) and Aptus Large Cap Enhanced Yield ETF (DUBS). The values are adjusted to include any dividend payments, if applicable.

USMC vs. DUBS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
USMC Principal U.S. Mega-Cap ETF	-6.05%	14.99%	29.82%	9.94%
DUBS Aptus Large Cap Enhanced Yield ETF	-3.74%	19.28%	24.08%	8.10%

Returns By Period

In the year-to-date period, USMC achieves a -6.05% return, which is significantly lower than DUBS's -3.74% return.

USMC

• 1D: 2.86%
• 1M: -4.04%
• YTD: -6.05%
• 6M: -5.28%
• 1Y: 14.22%
• 3Y*: 18.68%
• 5Y*: 13.10%
• 10Y*: —

DUBS

• 1D: 3.05%
• 1M: -4.29%
• YTD: -3.74%
• 6M: -0.23%
• 1Y: 19.47%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

USMC vs. DUBS - Expense Ratio Comparison

USMC has a 0.12% expense ratio, which is lower than DUBS's 0.39% expense ratio.

DUBS

Aptus Large Cap Enhanced Yield ETF

USMC

Principal U.S. Mega-Cap ETF

Return for Risk

USMC vs. DUBS — Risk / Return Rank

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

USMC

USMC Risk / Return Rank: 50
USMC Sharpe Ratio Rank: 46
USMC Sortino Ratio Rank: 49
USMC Omega Ratio Rank: 49
USMC Calmar Ratio Rank: 55
USMC Martin Ratio Rank: 53

DUBS

DUBS Risk / Return Rank: 65
DUBS Sharpe Ratio Rank: 59
DUBS Sortino Ratio Rank: 61
DUBS Omega Ratio Rank: 65
DUBS Calmar Ratio Rank: 64
DUBS Martin Ratio Rank: 76

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.

USMC vs. DUBS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Principal U.S. Mega-Cap ETF (USMC) and Aptus Large Cap Enhanced Yield ETF (DUBS). 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.

	USMC	DUBS	Difference
Sharpe ratio Return per unit of total volatility	0.80	1.06	-0.26
Sortino ratio Return per unit of downside risk	1.26	1.58	-0.32
Omega ratio Gain probability vs. loss probability	1.18	1.24	-0.06
Calmar ratio Return relative to maximum drawdown	1.31	1.66	-0.35
Martin ratio Return relative to average drawdown	4.89	8.24	-3.34
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

USMC vs. DUBS - Sharpe Ratio Comparison

The current USMC Sharpe Ratio is 0.80, which is comparable to the DUBS Sharpe Ratio of 1.06. The chart below compares the historical Sharpe Ratios of USMC and DUBS, 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

	USMC	DUBS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.80	1.06	-0.26
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.81	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.74	1.14	-0.40

Correlation

The correlation between USMC and DUBS is 0.92, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

USMC vs. DUBS - Dividend Comparison

USMC's dividend yield for the trailing twelve months is around 0.84%, less than DUBS's 2.26% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
USMC Principal U.S. Mega-Cap ETF	0.63%	0.79%	1.04%	1.35%	1.78%	1.53%	1.55%	2.01%	2.28%	0.24%
DUBS Aptus Large Cap Enhanced Yield ETF	2.26%	2.06%	2.52%	1.14%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

USMC vs. DUBS - Drawdown Comparison

The maximum USMC drawdown since its inception was -29.97%, which is greater than DUBS's maximum drawdown of -18.48%. Use the drawdown chart below to compare losses from any high point for USMC and DUBS.

Drawdown Indicators

	USMC	DUBS	Difference
Max Drawdown Largest peak-to-trough decline	-29.97%	-18.48%	-11.49%
Max Drawdown (1Y) Largest decline over 1 year	-11.16%	-12.13%	+0.97%
Max Drawdown (5Y) Largest decline over 5 years	-24.09%	—	—
Current Drawdown Current decline from peak	-7.74%	-5.49%	-2.25%
Average Drawdown Average peak-to-trough decline	-4.47%	-2.02%	-2.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.99%	2.45%	+0.54%

Volatility

USMC vs. DUBS - Volatility Comparison

The current volatility for Principal U.S. Mega-Cap ETF (USMC) is 5.00%, while Aptus Large Cap Enhanced Yield ETF (DUBS) has a volatility of 5.91%. This indicates that USMC experiences smaller price fluctuations and is considered to be less risky than DUBS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	USMC	DUBS	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.00%	5.91%	-0.91%
Volatility (6M) Calculated over the trailing 6-month period	9.23%	10.39%	-1.16%
Volatility (1Y) Calculated over the trailing 1-year period	17.82%	18.43%	-0.61%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.36%	14.71%	+1.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.36%	14.71%	+3.65%