Principal Quality ETF
$78.62−0.18 (−0.23%)
- Expense ratio
- 0.15%
- Fund size
- $26M
- 1Y return
- +3.5%
- Yield · Last 12 months
- 0.68%
- Holdings
- 72
- Volume · 30D
- 0M sh
- NAV per share
- $77.78
- 52W range
The ETF.net PSET Grade
Score 70 of 100 sits in the A band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.AScore 100Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 100Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.DScore 34Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.CScore 41Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 87Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.BScore 62Category rank
Our read on PSET
AActive quality investing at index-fund prices. PSET has run a concentrated portfolio of higher-quality US companies since 2016 and charges 0.15% a year, well under a third of what its active quality peers typically ask.
The Fund seeks long-term growth of capital.
Why people hold it
- Charges 0.15% a year against a 0.57% median for its active quality peer group. Rare to find a stock picker priced like a plain index fund.
- The cheapest of the top-ranked funds in its cohort: peers like ABFL and QIDX charge roughly 0.49% and 0.50%.
- The portfolio lines up closely with its stated mandate (an actively managed equity fund seeking long-term growth of capital), and it ranks in the top quartile of its peer group.
- Trading since 2016 with a focused book of about 70 stocks and quarterly distributions.
Worth knowing
- Thinly traded. Bid-ask spreads can cost more than the 0.15% fee, so how you trade it can matter as much as what it charges.
- About 70 names means single stocks carry real weight, and it stays fully in equities with no buffer against market drawdowns.
- Actively managed, so there is no published index to measure it against. What you own depends on the manager's quality screens.
PSET Holdings
- Stocks
- 72
- 34%
- NVDA
Sectors
- Technology39.3%
- Industrials18.6%
- Financials14.7%
- Health Care11.1%
- Communication5.8%
- Consumer Discr.4.7%
- Materials3.4%
- Energy1.4%
- Cons. Staples1.1%
Geography
- United States92.27%
- Ireland4.73%
- United Kingdom1.75%
- Switzerland1.25%
PSET Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | PSET |
|---|---|
| Year to date | +3.7% |
| 1 month | −1.9% |
| 3 months | +5.8% |
| 1 year | +3.5% |
| 3 years | +13.7% |
| 5 years | +8.2% |
| 10 years | +12.9% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | PSET |
|---|---|---|
| 2026 YTD | +3.7% | |
| 2025 | +7.3% | |
| 2024 | +17.7% | |
| 2023 | +24.1% | |
| 2022 | −16.5% | |
| 2021 | +29.6% | |
| 2020 | +16.2% |
PSET in the news
ETF.net Research hasn’t filed on PSET yet — coverage lands here as it’s written.
PSET Dividends
- 0.68%
- $0.54
- $0.15 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Jul 1, 2026 | Jul 6, 2026 | $0.15 |
| Apr 1, 2026 | Apr 6, 2026 | $0.14 |
| Dec 29, 2025 | Dec 31, 2025 | $0.14 |
| Oct 1, 2025 | Oct 3, 2025 | $0.11 |
| Jul 1, 2025 | Jul 3, 2025 | $0.09 |
| Apr 1, 2025 | Apr 3, 2025 | $0.12 |
| Dec 27, 2024 | Dec 31, 2024 | $0.12 |
| Oct 1, 2024 | Oct 3, 2024 | $0.12 |
| Jul 1, 2024 | Jul 3, 2024 | $0.11 |
| Apr 1, 2024 | Apr 4, 2024 | $0.15 |
| Dec 27, 2023 | Jan 2, 2024 | $0.12 |
| Oct 2, 2023 | Oct 5, 2023 | $0.13 |
PSET Risk
- 13.9%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.59
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −25.6%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.99
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
PSET Cost
- The middle half of US Active Quality funds
- Median 0.58%
No US Active Quality fund charges less.