
Principal Active High Yield ETF
$18.20−0.07 (−0.39%)
- 0.39%
- $605M
- +2.9%
- 7.62%
- 223K sh
- low $18.11high $19.23
The ETF.net YLD Grade
Score 57 out of 100
- 44 of 85
Score 57 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.B58 out of 100Rank 31 of 85Mission
Whether the fund did what it promised, tested against its stated mandate.A72 out of 100Rank 60 of 77Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C44 out of 100Rank 62 of 85Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C52 out of 100Rank 37 of 85Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C43 out of 100Rank 61 of 85Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B67 out of 100Rank 29 of 85
Our read on YLD
In short
BMost high yield ETFs just clone an index. YLD is the hand-built version: Principal's credit team blends junk bonds with senior floating-rate bank loans, at roughly what the average high yield ETF charges.
Stated mandate
The Fund seeks long-term growth of capital through investments that include high-yield bonds and bank loans.
Why people hold it
Worth knowing
YLD Holdings
- Bonds
- 144
- 18%
- GVMXX
Geography
- United States99.52%
- Norway0.48%
YLD 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 Oct 30, 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 | YLD |
|---|---|
| Year to date | +2.1% |
| 1 month | +0.3% |
| 3 months | −1.2% |
| 1 year | +2.9% |
| 3 years | +8.4% |
| 5 years | +4.3% |
| 10 years | +5.0% |
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 | YLD |
|---|---|---|
| 2026 YTD | +2.1% | |
| 2025 | +6.6% | |
| 2024 | +9.2% | |
| 2023 | +12.9% | |
| 2022 | −8.8% | |
| 2021 | +9.5% | |
| 2020 | +1.5% |
YLD in the news
YLD Dividends
- 7.62%
- $1.40
- $0.11 per share
- Monthly
Distribution history
YLD Risk
- 4.2%
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.
- 0.92
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.
- −13.8%
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.
- 0.55
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FMP measures it over up to five years of monthly returns.
YLD Cost
Overpaying vs SCYB, cheapest in US High Yield
$7,260
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
YLD 0.39%
$7,898
SCYB 0.03% Cheapest
$638
Cost over time
Year by year
| Year | YLD | SCYB | Overpaying |
|---|---|---|---|
| 10 | $705 | $55 | $650 |
| 20 | $2,725 | $216 | $2,509 |
| 30 | $7,898 | $638 | $7,260 |
Other funds in US High Yield
- BVSHYVirtus Newfleet Short Duration High Yield Bond ETFExpense ratio 0.39%1 year return +3.8%
- BBRHYiShares High Yield Active ETFExpense ratio 0.45%1 year return +2.2%
- BHYGHiShares Interest Rate Hedged High Yield Bond ETFExpense ratio 0.52%1 year return +4.6%
- BHYSDColumbia Short Duration High Yield ETFExpense ratio 0.44%1 year return +2.6%
- BSIHYHarbor Ares Systematic High Yield ETF (SIHY)Expense ratio 0.48%1 year return +2.7%




