Principal U.S. Mega-Cap ETF
$77.99−0.05 (−0.06%)
- 0.12%
- $5.1B
- +17.6%
- 0.72%
- 0.1M sh
- $78.11
- low $62.28high $78.41
The ETF.net USMC Grade
B
Score 67 out of 100
- 2 of 6
Score 67 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A73 out of 100Rank 2 of 6Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 6Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C42 out of 100Rank 4 of 6Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C53 out of 100Rank 3 of 6Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C40 out of 100Rank 5 of 6Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C50 out of 100Rank 3 of 6
Our read on USMC
BOwn the giants without letting the giants run the show. USMC follows a Nasdaq index that market-cap-weights only the very largest slice of US mega-caps, equal-weights the rest, and leans toward the calmer names, all for 0.12% a year.
The Fund seeks investment results that closely correspond, before expenses, to the performance of the Nasdaq U.S. Mega Cap Select Leaders Index.
Why people hold it
- Costs 0.12% a year, a fraction of the typical fee among active US equity funds and level with the cheapest strong names in that group, like DFAU.
- The rules do the work: cap-weight the top 10% of aggregate market value, equal-weight the rest, nudge weight toward lower-volatility deciles, reset each April and October.business.nasdaq.com
- Trading since 2017 and now a multi-billion-dollar fund, it ranks among the strongest overall builds in its US equity peer group.
- Distributions arrive quarterly, and the fund sees steady enough trading volume for ordinary retail-sized orders.
Worth knowing
- Concentrated by design: a few dozen mega-caps, so one company's stumble lands harder here than in a 500-stock index fund.
- By capping how much the biggest names dominate, it deliberately holds a different mix than a cap-weighted S&P fund, and its results diverge accordingly.business.nasdaq.com
- Weights reset only twice a year, in April and October, so drift between reviews comes with the strategy.business.nasdaq.com
USMC Holdings
- Stocks
- 26
- 53%
- NVDA
Sectors
- Technology44.1%
- Financials19.6%
- Communication9.5%
- Health Care8.8%
- Consumer Staples7.1%
- Consumer Discretionary5.9%
- Energy5.0%
Geography
- United States100.00%
USMC Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.
USMC$11,760
Returns run to the Oct 12, 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 | USMC |
|---|---|
| Year to date | +14.7% |
| 1 month | +2.5% |
| 3 months | +4.8% |
| 1 year | +17.6% |
| 3 years | +22.8% |
| 5 years | +15.4% |
| 10 years | — |
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 | USMC |
|---|---|---|
| 2026 YTD | +14.7% | |
| 2025 | +15.0% | |
| 2024 | +29.8% | |
| 2023 | +31.6% | |
| 2022 | −17.2% | |
| 2021 | +26.3% | |
| 2020 | +16.1% |
USMC in the news
USMC Dividends
- 0.72%
- $0.56
- $0.13 per share
- Quarterly
Distribution history
USMC Risk
- 12.3%
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.
- 1.37
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.
- −24.1%
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.
- 0.95
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
USMC Cost
0.12%
USMC0.12%
- The middle half of US Mega-Cap funds
- Median 0.17%
1 of the 6 US Mega-Cap funds charge less.
Other funds in US Mega-Cap
- AMGCVanguard Morningstar Mega Cap ETFExpense ratio 0.05%1 year return +21.3%
- BBBLUEA Bridgeway Blue Chip ETFExpense ratio 0.15%1 year return +20.0%
- BOEFiShares S&P 100 ETFExpense ratio 0.20%1 year return +20.2%
- CTOPTiShares Top 20 U.S. Stocks ETFExpense ratio 0.20%1 year return +19.2%
- DSIXAETC 6 Meridian Mega Cap Equity ETFExpense ratio 0.31%1 year return +20.6%