---
ticker: "LCAP"
name: "Principal Capital Appreciation Select ETF"
url: "https://etf.net/etf/LCAP"
grade: "A"
score: 71
graded_at: "2026-10-12"
category: "US Active Equity"
category_rank: "16 of 127"
methodology: "https://etf.net/methodology"
---

# LCAP: Principal Capital Appreciation Select ETF

Grade **A**, Score 71 of 100. Rank 16 of 127 in US Active Equity.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 87 | 17 of 127 |
| Mission | Not scored | — |
| Risk | 56 | 54 of 126 |
| Tradability | 65 | 37 of 127 |
| Holdings | 61 | 59 of 124 |
| Durability | 73 | 30 of 127 |

## Top holdings

The fund holds 56 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | NVDA | NVIDIA Corp Common Stock USD.001 | 7.68% |
| 2 | AAPL | Apple Inc Common Stock USD.00001 | 6.56% |
| 3 | MSFT | Microsoft Corp Common Stock USD.00000625 | 5.24% |
| 4 | GOOGL | Alphabet Inc Class A Common Stock USD.001 | 4.88% |
| 5 | AMZN | Amazon.com Inc Common Stock USD.01 | 4.16% |
| 6 | GVMXX | State Street Institutional Us State St Inst Us Gov Mm Prem | 3.37% |
| 7 | V | Visa Inc Class A Shares Common Stock USD.0001 | 3.37% |
| 8 | META | Meta Platforms Inc Class A Common Stock USD.000006 | 3.32% |
| 9 | AVGO | Broadcom Inc Common Stock | 2.56% |
| 10 | JPM | JPMorgan Chase & Co Common Stock USD1.0 | 2.55% |
| 11 | MU | Micron Technology Inc Common Stock USD.1 | 2.43% |
| 12 | LLY | Eli Lilly & Co Common Stock | 2.39% |
| 13 | TWLO | Twilio Inc A Common Stock USD.001 | 2.06% |
| 14 | RSG | Republic Services Inc Common Stock USD.01 | 2.05% |
| 15 | PH | Parker Hannifin Corp Common Stock USD.5 | 2.03% |
| 16 | LRCX | Lam Research Corp Common Stock USD.001 | 2.03% |
| 17 | COST | Costco Wholesale Corp Common Stock USD.005 | 2.01% |
| 18 | KO | Coca Cola Co/The Common Stock USD.25 | 1.99% |
| 19 | MPC | Marathon Petroleum Corp Common Stock USD.01 | 1.89% |
| 20 | TMO | Thermo Fisher Scientific Inc Common Stock USD1.0 | 1.81% |
| 21 | MCK | Mckesson Corp Common Stock USD.01 | 1.76% |
| 22 | XOM | Exxonmobil Holdings Corp Common Stock | 1.73% |
| 23 | AXP | American Express Co Common Stock USD.2 | 1.67% |
| 24 | NOW | Servicenow Inc Common Stock USD.001 | 1.56% |
| 25 | AMD | Advanced Micro Devices Common Stock USD.01 | 1.47% |
| 26 | PLTR | Palantir Technologies Inc A Common Stock USD.001 | 1.34% |
| 27 | AMP | Ameriprise Financial Inc Common Stock USD.01 | 1.33% |
| 28 | CB | Chubb Ltd Common Stock | 1.30% |
| 29 | TSLA | Tesla Inc Common Stock USD.001 | 1.28% |
| 30 | GEV | Ge Vernova Inc Common Stock USD.01 | 1.28% |

Source: etf.net, https://etf.net/etf/LCAP. Please cite the page URL.