Principal US Large-Cap Adaptive Multi-Factor ETF (PLRG)
Principal US Large-Cap Adaptive Multi-Factor ETF operates in the Asset Management industry of the Financial Services sector. The stock last traded at $25.70, down 0.66% on the session, giving a market capitalisation of $6.3M. Its beta of 0.00 implies it has historically moved less than the broad market.
Generally, this fund commits at least 80% of its capital, including any leveraged funds, to shares of U.S. companies with substantial market values when those investments are initiated. Due to this concentrated exposure, the fund's share price may exhibit greater volatility stemming from the performance of individual holdings than would be observed in a more broadly diversified investment vehicle. Furthermore, its adaptive strategies might entail frequent trading activity within its portfolio. This fund is therefore considered non-diversified.
Principal US Large-Cap Adaptive Multi-Factor ETF is most often compared with the following Financial Services names: