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WDE

GradeCChicago Board Options Exchange

Principal Exchange-Traded Funds - Principal Securitized Debt ETF

Specialty Bonds · Principal Funds · Inception 2026-05-20 · SEC filings

$24.51−0.06 (−0.25%)

As of Sep 23, 2026, 10:03 AM EDT

History starts May 21, 2026.History starts May 21, 2026.History starts May 21, 2026.
Intraday session: down, 2 prints from 24.57 to 24.51. Range 24.51 to 24.57. Use the arrow keys to read each point.$24.52$24.54$24.5610 AM12 PM2 PM4 PM
Expense ratio
0.19%
Fund size
$21M
1Y return
—
Yield · Last 12 months
Data unavailable
Holdings
48
Volume · 30D
0M sh
NAV per share
$24.56
52W range
low $24.44high $25.44

The ETF.net WDE Grade

C

48/ 100

Rank 4 of 11 in Multi-Sector Securitized Bond⁠

Confidence Medium

Six-pillar profile for WDE. Scores out of 100: Cost 90, Risk 34, Mission not scored, Tradability 4, Holdings 27, Durability 22. Strongest: Cost (90). Weakest: Tradability (4). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 48 of 100 sits in the C 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 90
    Category rank2/11 · top 18%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    DScore 34
    Category rank9/10 · bottom quartile

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    FScore 4
    Category rank11/11 · bottom quartile

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    DScore 27
    Category rank10/11 · bottom quartile

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    FScore 22
    Category rank11/11 · bottom quartile

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

WDE Holdings

As of Sep 22, 2026, 9:43 PM
Asset class
Bonds
Holdings
48
Top-10 weight
43%
Largest holding
MSWF COMMERCIAL MORTGAGE TRUST MSWF 2023 1 A54.7%

Geography

  • United States100.00%
The fund’s holdings, weight-ordered — page 1 of 4.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—MSWF COMMERCIAL MORTGAGE TRUST MSWF 2023 1 A54.68%1,000,000$1M4
002—HONDA AUTO RECEIVABLES OWNER T HAROT 2024 1 A44.66%1,000,000$1M1
003—GREAT AMERICA LEASING RECEIVAB GALC 2025 1 A3 144A4.62%1,000,000$995K4
004—ENTERPRISE FLEET FINANCING LLC EFF 2025 4 A3 144A4.55%1,000,000$980K1
005—GGP TRUST GGP 2026 SSP A 144A4.53%1,000,000$977K2
006—CONE COMMERCIAL MORTGAGE TRUST CONE 2026 DFW3 A 144A4.51%1,000,000$972K4
007—PG+E RECOVERY FND LLC SR SECURED 01/40 5.2564.51%1,000,000$972K7
008—GLS AUTO SELECT RECEIVABLES TR GSAR 2026 1A A2 144A3.70%804,973$797K1
009—TREASURY BILL 12/26 0.000003.64%792,500$784K17
010—MORGAN STANLEY CAPITAL I TRUST MSC 2016 UBS9 AS3.61%784,491$779K1
011—VOLKSWAGEN AUTO LEASE TRUST VWALT 2025 B A33.37%732,000$727K1
012—BFLD TRUST BFLD 2025 5MW A 144A3.37%750,000$726K8
013—GS MORTGAGE SECURITIES TRUST GSMS 2020 GC47 XA2.94%19,360,482$633K2
014—BANK5 BANK5 2026 5YR20 AS2.27%500,000$490K2
015—BANK BANK 2026 BNK52 XA2.26%8,994,453$488K1

Showing 1–15 of 49 holdings

WDE Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

WDE$9,855
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,415
Jun 22, 2026 to Sep 22, 2026. WDE $9,855. SPY $10,415. Use the arrow keys to read each point.$9,741$10,122$10,502Jun 2026Aug 2026Sep 2026

Jun 22, 2026 – Sep 22, 2026

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.

Trailing total return for WDE. Periods over one year show the average yearly return.
PeriodWDE
Year to dateFund launched this year—
1 month−1.4%
3 months−1.4%
1 yearFund is under 1 year old—
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for WDE
YearReturn barWDE
2026 YTD−0.8%

History from May 21, 2026

WDE in the news

ETF.net Research hasn’t filed on WDE yet — coverage lands here as it’s written.

WDE Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
Data unavailableLast 12 months
Payout per share
Data unavailableLast 12 months
Last payment
$0.12 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution data unavailable.

Distribution history

2026

One bar per payment. 3 payments in 2026 YTD. Jul 1, 2026 $0.10; Aug 3, 2026 $0.11; Sep 1, 2026 $0.12. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Sep 1, 2026Sep 3, 2026$0.12
Aug 3, 2026Aug 5, 2026$0.11
Jul 1, 2026Jul 6, 2026$0.10

WDE Risk

How much the fund’s monthly returns vary, scaled to a year.
—
Launched May 2026; fills in after 12 months
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.

Return above 3-month US Treasury bills per unit of volatility.
—
Launched May 2026; fills in after 12 months
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.

The largest fall from a peak to the low that followed.
—
Launched May 2026; fills in after 12 months
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.

How strongly the fund’s returns move with its asset-class index.
−0.08
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

WDE Cost

Expense ratio0.19%
  • The middle half of Multi-Sector Securitized Bond funds
  • Median 0.39%

No Multi-Sector Securitized Bond fund charges less.

WDE costs $19.00 a year on $10,000. The median Multi-Sector Securitized Bond fund costs $39.00.