Principal U.S. Small-Cap ETF
Principal Exchange-Traded Funds · 1 share class
Fund classification
Classified from what the fund holds · as of 2026 Q2
Principal U.S. Small-Cap ETF is an actively managed U.S. equity ETF. 37% of PSC’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 91% of the fund’s equity).
- Asset class
- Equity
- Region
- United States
- Management
- Actively managed
- Fund type
- ETF
Fund profile
As filed in the prospectus · 2025 Q4
The Fund seeks long-term growth of capital.
The fund uses a proprietary quantitative model to select small-capitalization U.S. equities from the Russell 2000 Index, screening for value characteristics, higher quality measured by profitability and balance sheet strength, and upward momentum in price and earnings. The model weights these three factors approximately equally and then favors securities with greater liquidity and lower volatility. Because security selection depends on the model's rankings and the fund rebalances at its discretion rather than mechanically tracking the index, performance may diverge from the Russell 2000.
| Share class | Expense ratio |
|---|---|
| PSC | 0.38% |
Portfolio turnover 80.30% · as of 2025 Q4
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Stocks | 99.70% |
| Cash & short-term | 0.40% |
Sector allocation
The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2
| Industrials | 19.0% |
| Financials | 16.8% |
| Health Care | 16.4% |
| Information Technology | 14.8% |
| 10 smaller | 33.0% |
Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).
Portfolio growth profile
How much of the fund’s stock holdings are in fast-growing companies · as of 2026 Q2
Share of the fund’s equity (by value) in companies whose trailing five-year revenue — or net-income — growth ranks in the top 25% of U.S. public companies. Foreign and newly-listed holdings are excluded, so the figure covers only part of the book. From SEC filings — not investment advice. How we measure this.
Latest quarter
What changed since the fund's previous filing
Exited: Amicus Therapeutics Inc, CSG Systems International Inc, SNCY, Thermon Group Holdings Inc, Heritage Commerce Corp, Great Lakes Dredge & Dock Corp, Udemy Inc
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
May 2026 and Jun 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Reported price | Value | Shares |
|---|---|---|---|---|---|
| — | Credo Technology Group Holding Ltd | 1.38% | $271.95 | $32.05M | 117.9K |
| HIMS | Hims & Hers Health IncHIMS | 1.31% | $34.67 | $30.42M | 877.3K |
| SEZL | Sezzle IncSEZL | 1.30% | $171.63 | $30.26M | 176.3K |
| DOCN | DigitalOcean Holdings IncDOCN | 1.19% | $157.03 | $27.72M | 176.5K |
| STRL | Sterling Infrastructure IncSTRL | 1.17% | $839.36 | $27.26M | 32.5K |
| VICR | Vicor CorpVICR | 1.05% | $379.78 | $24.44M | 64.3K |
| AGX | Argan IncAGX | 1.03% | $798.55 | $24.00M | 30.1K |
| TTMI | TTM Technologies IncTTMI | 1.03% | $187.02 | $23.90M | 127.8K |
| BFH | Bread Financial Holdings IncBFH | 0.92% | $108.35 | $21.47M | 198.2K |
| GH | Guardant Health IncGH | 0.87% | $150.03 | $20.34M | 135.6K |
Reported price is the fund's own reported value divided by its own reported shares at 2026-06-30 — not a live quote, and not what the fund paid.
Top 10 positions are 11.25% of net assets, top 25 21.71%, across 508 issuers.
See more of this fund's book
More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.
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