Skip to Content
ETFs

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

PLTL
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
May 19 2021
Expense Ratio
0.19%
Type
US Equities
Fund Owner
Principal Financial Services
Volume (1m avg. daily)
$841
AUM
$5,455,841
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

FIX
Comfort Systems USA, Inc.
0.85%
AIT
Applied Industrial Technologies Inc.
0.84%
ACLS
Axcelis Technologies Inc
0.81%
ASO
Academy Sports and Outdoors Inc
0.79%
UFPI
UFP Industries Inc
0.75%
GVMXX
STATE STREET INSTITUTIONAL US STATE ST INST US GOV MM PREM
0.73%
MLI
Mueller Industries, Inc.
0.71%
WIRE
Encore Wire Corp.
0.60%
MOG/A
Moog, Inc. - Ordinary Shares - Class A
0.56%
HI
Hillenbrand Inc
0.56%
Invest with PLTL

What is PLTL?

Principal U.S. Small-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 toPLTL

ETFs correlated to PLTL include IJR, SLY, SPSM

PLTL
Principal Exchange-Traded Funds - Principal U.S. Small-Cap Adaptive Multi-Factor ETF
IJR
BlackRock Institutional Trust Company N.A. - iShares Core S&P Small-Cap ETF
SLY
SPDR Series Trust - SPDR S&P 600 Small Cap ETF
SPSM
SSgA Active Trust - SPDR Portfolio S&P 600 Small Cap ETF
VIOO
Vanguard Group, Inc. - Vanguard S&P Small-Cap 600 ETF
SLYV
SPDR Series Trust - SPDR S&P 600 Small Cap Value ETF
DFAS
Dimensional ETF Trust - Dimensional U.S. Small Cap ETF
IJS
BlackRock Institutional Trust Company N.A. - iShares S&P Small-Cap 600 Value ETF
VIOV
Vanguard Group, Inc. - Vanguard S&P Small-Cap 600 Value ETF
AVSC
American Century ETF Trust - Avantis U.S Small Cap Equity ETF
FNDA
Schwab Strategic Trust - Schwab Fundamental U.S. Small Company Index 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 toPLTL

#GLOMO

On Top of the World: Global Momentum

Category

Momentum, Lever Up, Go Global

Risk Rating

Moderate

#D

Phalanx Formation: Downturn Defense

Category

Getting Defensive

Risk Rating

Moderate

Create your own algorithmic trading strategy with PLTL using Composer

FAQ

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

Yes, PLTL 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, PLTL 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 PLTL is -0.092%. This is the percent change in the value of PLTL over the most recent 1-month period. The 3-month return on PLTL is -0.0199%. This is the percent change in the value of PLTL over the most recent 3-month period.

The standard deviation of PLTL for the past year is 0.2393%. 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 PLTL include SPHQ, QUAL, and SUSA.

ETFs correlated to PLTL include IJR, SLY, and SPSM.

ETFs that are inversely correlated to PLTL include RWM, TWM, and TZA.

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.