Principal Exchange-Traded Funds Principal US Mega-Cap ETFUSMC
USMC
0
Funds holding %
of 6,823 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
24% more funds holding
Funds holding: 41 [Q2] → 51 (+10) [Q3]
13% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 16
3% more capital invested
Capital invested by funds: $2.58B [Q2] → $2.66B (+$86.3M) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 4 [Q2] → 4 (+0) [Q3]
0.55% less ownership
Funds ownership: 105.45% [Q2] → 104.91% (-0.55%) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for USMC.
Financial journalist opinion
Positive
Seeking Alpha
7 months ago
USMC: Why This Top Quality Mega-Cap ETF Disappoints
Principal U.S. Mega-Cap ETF provides concentrated, actively managed exposure to a select number of U.S. mega-caps. Fees are low at 0.12%, and the ETF has $2.35 billion in assets under management. Unlike market-cap-weighted alternatives like XLG, USMC assigns substantially different weights to its 42 holdings. Magnificent Seven exposure is 33% compared to 53% for XLG. The fund's prospectus indicates managers assign greater weight to stocks expected to be less volatile, but my analysis found little evidence this was the case. USMC's five-year beta is 1.03.
Neutral
Seeking Alpha
1 year ago
USMC: Active Large Caps That Perform Like Passive
Principal U.S. Mega-Cap ETF is an actively managed fund that primarily invests in U.S. mega-cap companies. The USMC ETF's active, rules-based framework provides durability and stability during market volatility. The fund's heavy concentration in the technology sector could pose a risk if the sector underperforms.
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