Principal International Adaptive Multi-Factor ETF (PXUS)
Principal International Adaptive Multi-Factor ETF operates in the Asset Management - Global industry of the Financial Services sector. The stock last traded at $21.22, up 0.57% on the session, giving a market capitalisation of $14.8M. Its beta of 0.00 implies it has historically moved less than the broad market.
Under typical market conditions, this fund commits a minimum of 40% of its total investment capital—comprising net assets and any leveraged borrowings—to foreign company equities. Its investment universe is broad, encompassing securities from companies of all market capitalizations, whether small, medium, or large. For the crucial tasks of security selection and portfolio construction, Principal Global Investors, LLC (PGI) employs a unique quantitative model. This proprietary system is specifically engineered to identify and systematically rank suitable equity securities found within the MSCI World Ex-U.S. Index.
Principal International Adaptive Multi-Factor ETF is most often compared with the following Financial Services names: