USMC vs. IG
USMC (Principal U.S. Mega-Cap ETF) and IG (Principal Investment Grade Corporate Active ETF) are both exchange-traded funds - USMC is a Large Cap Growth Equities fund tracking the Nasdaq US Mega Cap Select Leaders Index, while IG is a Corporate Bonds fund actively managed by Principal. USMC is passively managed, while IG is actively managed. Their 0.51 correlation means they have sometimes moved together and sometimes differently. USMC charges 0.12%/yr vs 0.26%/yr for IG.
Performance
USMC vs. IG - Performance Comparison
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Returns By Period
USMC
- 1D
- 0.44%
- 1M
- 0.13%
- 6M
- 9.88%
- YTD
- 8.72%
- 1Y
- 20.36%
- 3Y*
- 19.26%
- 5Y*
- 14.11%
- 10Y*
- —
- ALL TIME*
- 14.93%
IG
- 1D
- -0.19%
- 1M
- -2.02%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.13M | $833.84K | $963.03K | |
| $7.10M | $6.59M | $6.39M |
USMC vs. IG - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
USMC Principal U.S. Mega-Cap ETF | 8.20% |
IG Principal Investment Grade Corporate Active ETF | -1.64% |
Correlation
The correlation between USMC and IG is 0.51, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Apr 22, 2026 | 0.51 |
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Return for Risk
USMC vs. IG — Risk / Return Rank
USMC
IG
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
USMC vs. IG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Principal U.S. Mega-Cap ETF (USMC) and Principal Investment Grade Corporate Active ETF (IG). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| USMC | IG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.26 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.82 | — | — |
| Martin ratioReturn relative to average drawdown | 6.78 | — | — |
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Drawdowns
USMC vs. IG - Drawdown Comparison
The maximum USMC drawdown since its inception was -29.97%, which is greater than IG's maximum drawdown of -2.37%. Use the drawdown chart below to compare losses from any high point for USMC and IG.
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Drawdown Indicators
| USMC | IG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -29.97% | -2.37% | -27.60% |
Max Drawdown (1Y)Largest decline over 1 year | -10.30% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -19.12% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -24.09% | — | — |
Current DrawdownCurrent decline from peak | -1.03% | -2.37% | +1.34% |
Average DrawdownAverage peak-to-trough decline | -4.35% | -0.75% | -3.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.75% | — | — |
Volatility
USMC vs. IG - Volatility Comparison
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Volatility by Period
| USMC | IG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.47% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 9.64% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 12.60% | 4.54% | +8.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.46% | 4.54% | +11.92% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.18% | 4.54% | +13.64% |
USMC vs. IG - Expense Ratio Comparison
USMC has a 0.12% expense ratio, which is lower than IG's 0.26% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
USMC vs. IG - Dividend Comparison
USMC's dividend yield for the trailing twelve months is around 0.76%, less than IG's 1.28% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
IG Principal Investment Grade Corporate Active ETF | 1.28% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
USMC Principal U.S. Mega-Cap ETF | 0.76% | 0.79% | 1.04% | 1.35% | 1.78% | 1.53% | 1.55% | 2.01% | 2.28% | 0.24% |
Frequently Asked Questions
USMC and IG have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, USMC is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
USMC is cheaper with a 0.12% expense ratio, compared with 0.26% for IG.
IG has the higher dividend yield at 1.28%, compared with 0.76% for USMC.
USMC is categorized as Large Cap Growth Equities, while IG is Corporate Bonds. Their fees differ too: 0.12% for USMC and 0.26% for IG.
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