16 Principal ETFs

Principal runs 16 US-listed ETFs, from YLD in 2015 to 5 launched this year. The median Principal ETF charges 0.32% a year, and the cheapest charges 0.12%.

Funds16in 14 categories

Assets$13.9BAcross all 16 funds

Weighted expense ratio0.31%

ETFs since2015

Launched in 202655 in the last 12 months

Grades

A0B8C5D2F0—1not graded

About Principal

Principal Funds is the brand used by Principal Asset Management, a name under which Principal Global Investors, LLC operates. That firm runs investment management for Principal Financial Group. Principal Financial Group traces its origins to 1879, when Edward Temple started it as The Bankers Life Association, and Principal Asset Management was established in 1994. The company is based in Des Moines, Iowa. Its parent and owner, Principal Financial Group, is a public company listed on Nasdaq under the ticker PFG. As of October 2026, Kamal Bhatia serves as CEO and president of Principal Asset Management.principalam.com principal.com sec.gov

Principal entered US-listed ETFs in 2015 with the Principal EDGE Active Income ETF, which commenced operations on July 8, 2015.sec.gov

Principal ETFs are actively managed. Some of them apply active rules-based methods, and PSC, for instance, screens for value, quality and momentum.principalam.com

Every Principal ETF

Select a column heading to sort.Sorted by · showing

Every Principal ETF. Select a column heading to sort.
Grade
B	U.S. Mega-CapUSMC · US Mega-CapUSMC	US Mega-Cap	Cost 0.12%	$4.8B	1Y +10.4%	5Y +12.9%	Yield 0.75%
B	U.S. Small-Cap Multi-FactorPSC · US MultifactorPSC	US Multifactor	Cost 0.38%	$2.6B	1Y +21.5%	5Y +7.6%	Yield 0.59%
B	Spectrum Preferred Securities ActivePREF · Preferred SecuritiesPREF	Preferred Securities	Cost 0.55%	$1.9B	1Y +3.0%	5Y +2.8%	Yield 5.47%
B	Capital Appreciation SelectLCAP · US Active EquityLCAP	US Active Equity	Cost 0.29%	$1.8B	1Y +12.6%	5Y No data	Yield No data
B	International EquityPIEQ · International Active EquityPIEQ	International Active Equity	Cost 0.48%	$1.3B	1Y +15.6%	5Y No data	Yield 1.18%
B	Active High YieldYLD · US High YieldYLD	US High Yield	Cost 0.39%	$608M	1Y +3.3%	5Y +4.2%	Yield 7.65%
B	ValuePY · US Value IndexPY	US Value Index	Cost 0.15%	$241M	1Y +17.2%	5Y +8.6%	Yield 1.66%
C	Focused Blue ChipBCHP · US Active EquityBCHP	US Active Equity	Cost 0.58%	$224M	1Y +1.1%	5Y No data	Yield 0.00%
B	Investment Grade Corporate ActiveIG · Investment Grade CorporateIG	Investment Grade Corporate	Cost 0.19%	$202M	1Y −0.2%	5Y −0.7%	Yield 5.25%
C	Spectrum Preferred and IncomePQDI · Preferred SecuritiesPQDI	Preferred Securities	Cost 0.60%	$123M	1Y +1.5%	5Y +2.8%	Yield 5.88%
C	Real Estate Active OpportunitiesBYRE · US Active SectorBYRE	US Active Sector	Cost 0.60%	$28M	1Y +13.9%	5Y No data	Yield 2.71%
C	Securitized DebtWDE · Multi-Sector Securitized BondWDE	Multi-Sector Securitized Bond	Cost 0.19%	$28M	1Y No data	5Y No data	Yield No data
C	CLOUUPP · Collateralized Loan Obligations (CLO)UUPP	Collateralized Loan Obligations (CLO)	Cost 0.19%	$15M	1Y No data	5Y No data	Yield No data
D	Long DurationDWWN · Treasuries (20+ Year)DWWN	Treasuries (20+ Year)	Cost 0.19%	$11M	1Y No data	5Y No data	Yield No data
D	Inflation ProtectionRIZE · TIPSRIZE	TIPS	Cost 0.19%	$11M	1Y No data	5Y No data	Yield No data
—	Equity Premium IncomePCOV · Active Option IncomePCOV	Active Option Income	Cost 0.34%	$10M	1Y No data	5Y No data	Yield No data

Principal ETFs by category

EquityFixed Income

Launches

5funds launched in the last 12 months

August 2026

—PCOVEquity Premium IncomeAug 18

May 2026

DDWWNLong DurationMay 20 DRIZEInflation ProtectionMay 20 CUUPPCLOMay 20 CWDESecuritized DebtMay 20

Questions

How many ETFs does Principal run?: Principal runs 16 US-listed ETFs: 8 equity funds and 8 fixed income funds, across 14 categories.
What is the largest Principal ETF?: Principal U.S. Mega-Cap ETF (USMC) is the largest, with $4.8B in assets. Principal U.S. Small-Cap Multi-Factor ETF (PSC) is second.
What is the cheapest Principal ETF?: Principal U.S. Mega-Cap ETF (USMC) is the cheapest, at 0.12% a year. The median Principal ETF charges 0.32%.
What does the Grade on each fund mean?: Each A–F Grade compares a fund with the other funds in its own category, on cost, mission, risk, tradability, holdings and durability. It does not rate Principal, and Grades in different categories do not compare.
When did Principal launch its first ETF?: Principal Active High Yield ETF (YLD) launched on Jul 8, 2015. Principal has launched 5 ETFs so far in 2026.