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Principal U.S. Large-Cap Adaptive Multi-Factor ETF

PLRG
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
May 19 2021
Expense Ratio
0.15%
Type
US Equities
Fund Owner
Principal Financial Services
Volume (1m avg. daily)
$452
AUM
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus

Top 10 Holdings

AAPL
Apple Inc
7.25%
MSFT
Microsoft Corporation
6.19%
AMZN
Amazon.com Inc.
2.64%
NVDA
NVIDIA Corp
1.98%
GOOGL
Alphabet Inc - Ordinary Shares - Class A
1.85%
GOOG
Alphabet Inc - Ordinary Shares - Class C
1.67%
TSLA
Tesla Inc
1.49%
META
Meta Platforms Inc - Ordinary Shares - Class A
1.37%
UNH
Unitedhealth Group Inc
1.36%
XOM
Exxon Mobil Corp.
1.30%
Invest with PLRG

What is PLRG?

Principal U.S. Large-Cap Adaptive Multi-Factor ETF is a active ETF. Under normal circumstnaces it invests 80% in large cap US equities using propritary model.

ETFs related toPLRG

ETFs correlated to PLRG include GSLC, SPTM, SPUU

PLRG
Principal Exchange-Traded Funds - Principal U.S. Large-Cap Adaptive Multi-Factor ETF
GSLC
Goldman Sachs ETF Trust - Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF
SPTM
SPDR Series Trust - SPDR Portfolio S&P 1500 Composite Stock Market ETF
SPUU
Direxion Shares ETF Trust - Direxion Daily S&P 500 Bull 2X Shares
SPLG
SPDR Series Trust - SPDR Portfolio S&P 500 ETF
IVV
BlackRock Institutional Trust Company N.A. - iShares Core S&P 500 ETF
SPY
SSgA Active Trust - SPDR S&P 500 ETF Trust
DFUS
Dimensional ETF Trust - Dimensional U.S. Equity ETF
IYY
BlackRock Institutional Trust Company N.A. - iShares Dow Jones U.S. ETF
SPXL
Direxion Shares ETF Trust - Direxion Daily S&P 500 Bull 3X Shares
VOO
Vanguard Group, Inc. - Vanguard S&P 500 ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toPLRG

#SPYMIN

SPY minimum drawdown

Category

Community

Risk Rating

Aggressive

#HFEAR

Hedgefundie's Excellent Adventure Refined

Category

Balance Risk Not Assets, Lever Up, Composer's Picks

Risk Rating

Aggressive

Create your own algorithmic trading strategy with PLRG using Composer

FAQ

PLRG is a US Equities ETF. Principal U.S. Large-Cap Adaptive Multi-Factor ETF is a active ETF. Under normal circumstnaces it invests 80% in large cap US equities using propritary model.

Yes, PLRG is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, PLRG is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on PLRG is -0.0245%. This is the percent change in the value of PLRG over the most recent 1-month period. The 3-month return on PLRG is 0.0306%. This is the percent change in the value of PLRG over the most recent 3-month period.

The standard deviation of PLRG for the past year is 0.2203%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to PLRG include USMV, QUAL, and SPHQ.

ETFs correlated to PLRG include GSLC, SPTM, and SPUU.

ETFs that are inversely correlated to PLRG include SPDN, SDS, and SPXS.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.