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Principal U.S. Mega-Cap ETF (USMC)
USD74.20
-0.43 (-0.58%)
NASDAQ USD US Equity
NAV
USD 74.31
-0.15% vs NAV
as of 2026-07-12
AUM
USD 3.50B
TER
0.12%
Yield (TTM)
0.76%
Distribution
Distributing · Quarterly
52-week range
62.08 – 74.63
Holdings
27
Issuer
Principal Funds
About this ETF
The investment seeks long-term growth of capital. Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of U.S. companies with very large ("mega") market capitalizations at the time of purchase. For this fund, companies with mega capitalizations are those with market capitalizations in the top 50th percentile of the S&P 500 Index at the time of purchase. The fund is non-diversified.
ISIN
US74255Y8701
Issuer
Principal Funds
Domicile
US
Inception
2017-10-11
Asset class
Equity
Website
principalam.com/us/fund/usmc
Price
Top 10 holdings
| NVIDIA CORP COMMON STOCK USD.001 NVDA | 7.89% |
| MICRON TECHNOLOGY INC COMMON STOCK USD.1 MU | 7.38% |
| APPLE INC COMMON STOCK USD.00001 AAPL | 7.18% |
| ALPHABET INC CL A COMMON STOCK USD.001 GOOGL | 5.76% |
| BROADCOM INC COMMON STOCK AVGO | 5.02% |
| JPMORGAN CHASE + CO COMMON STOCK USD1.0 JPM | 4.49% |
| MICROSOFT CORP COMMON STOCK USD.00000625 MSFT | 4.41% |
| VISA INC CLASS A SHARES COMMON STOCK USD.0001 V | 4.37% |
| META PLATFORMS INC CLASS A COMMON STOCK USD.000006 META | 4.14% |
| MASTERCARD INC A COMMON STOCK USD.0001 MA | 4.09% |
Sector mix
Price chart
USD74.20
-0.43 (-0.58%)
Loading historical data…
Returns
| 1 month | +3.66% |
| 3 months | +10.50% |
| 6 months | +8.34% |
| Year to date | +8.40% |
| 1 year | +18.34% |
| 3 years (ann.) | +19.73% |
| 5 years (ann.) | +13.10% |
| 10 years (ann.) | — |
Risk profile
| Volatility (1y, ann.) | 12.26% |
| Sharpe (1y) | 1.43 |
| Sharpe (3y) | 1.29 |
| Sortino (1y) | 2.21 |
| Max drawdown (1y) | -10.48% |
| Max drawdown (5y) | -25.26% |
| Max drawdown (full) | -29.97% |
| Beta vs S&P 500 (1y) | 0.92 |
| Correlation vs S&P 500 (1y) | 0.94 |
Technical outlook as of 2026-07-13
Day Score (bias 0-100, not a probability)
48
P(gain) 22 sessions — probability
62%
VaR 95% (daily)
-1.68%
CVaR 95% (daily)
-2.83%
GARCH vol forecast (22d)
0.83%
Market regime (Markov)
Lateral
The Monte Carlo cone is drawn on the price chart above (Forecast overlay); RSI, MACD and the rest of the oscillators live in its indicator panels.
Top-10 concentration
54.7%
Effective holdings
22
Disclosed positions
27
Full holdings
| Constituent | ISIN | Market value | Weight |
|---|---|---|---|
| Loading… | |||
Sector breakdown
Geographic exposure
Loading map…
Cost vs. peers
USMC
0.12%
Equity median
0.39%
Cheapest in class BKLC
0.00%
Comparison universe: 6,948 funds of the same asset class.
Cost impact calculator
Dividend history
Distributing share class Income is paid out to shareholders.
| Ex-date | Payment | Amount |
|---|---|---|
| 2026-07-01 | 2026-07-06 | USD 0.1390 |
| 2026-04-01 | 2026-04-06 | USD 0.1463 |
| 2025-12-29 | 2025-12-31 | USD 0.1408 |
| 2025-10-01 | 2025-10-03 | USD 0.1394 |
| 2025-07-01 | 2025-07-03 | USD 0.1263 |
| 2025-04-01 | 2025-04-03 | USD 0.1323 |
| 2024-12-27 | 2024-12-31 | USD 0.1501 |
| 2024-10-01 | 2024-10-03 | USD 0.1570 |
| 2024-07-01 | 2024-07-03 | USD 0.1596 |
| 2024-04-01 | 2024-04-04 | USD 0.1548 |
| 2023-12-27 | 2024-01-02 | USD 0.1814 |
| 2023-10-02 | 2023-10-05 | USD 0.1433 |
| 2023-07-03 | 2023-07-07 | USD 0.1537 |
| 2023-04-03 | 2023-04-06 | USD 0.1516 |
| 2022-12-28 | 2023-01-03 | USD 0.1394 |
| 2022-10-03 | 2022-10-06 | USD 0.1590 |
| 2022-07-01 | 2022-07-07 | USD 0.1780 |
| 2022-04-01 | 2022-04-06 | USD 0.1670 |
| 2021-12-29 | 2022-01-03 | USD 0.1990 |
| 2021-10-01 | 2021-10-06 | USD 0.1630 |
| 2021-07-01 | 2021-07-07 | USD 0.1710 |
| 2021-04-01 | 2021-04-07 | USD 0.1470 |
| 2020-12-29 | 2021-01-04 | USD 0.1300 |
| 2020-10-01 | 2020-10-06 | USD 0.1390 |
| 2020-07-01 | 2020-07-07 | USD 0.1390 |
| 2020-04-01 | 2020-04-06 | USD 0.1470 |
| 2019-12-27 | 2020-01-02 | USD 0.1590 |
| 2019-10-01 | 2019-10-04 | USD 0.1660 |
| 2019-07-01 | 2019-07-05 | USD 0.1620 |
| 2019-04-01 | 2019-04-04 | USD 0.1519 |
| 2018-12-27 | 2019-01-02 | USD 0.1710 |
| 2018-10-01 | 2018-10-04 | USD 0.1680 |
| 2018-07-02 | 2018-07-06 | USD 0.1320 |
| 2018-04-02 | 2018-04-05 | USD 0.1000 |
| 2017-12-27 | 2018-01-02 | USD 0.0628 |
ESG profile
Derived from holdings
covers 99.9% of the portfolio by weight
(26 scored constituents)
Environmental
62.6
class avg 63.0
Social
58.4
class avg 62.3
Governance
63.0
class avg 64.9
Total ESG
61.3
class avg 63.4
Benchmark: average of 4,066 funds of the same asset class with derived ESG data.
Similar ETFs
| Fund | TER | AUM (USD) | Yield (TTM) | Return 1y | Sharpe 1y |
|---|---|---|---|---|---|
| Vanguard Total Stock Market ETF VTI | 0.03% | 2.30T | 1.05% | +19.93% | 1.48 |
| Vanguard S&P 500 ETF VOO | 0.03% | 1.70T | 1.07% | +19.68% | 1.49 |
| iShares Core S&P 500 ETF IVV | 0.03% | 894.38B | 1.09% | +19.68% | 1.49 |
| State Street SPDR S&P 500 ETF SPY | 0.09% | 789.23B | 1.00% | +19.71% | 1.49 |
| SPDR S&P 500 ETF Trust 1557.T | 0.09% | 789.09B | 0.49% | +37.54% | 2.26 |
| State Street SPDR S&P 500 ETF SPY.AX | 0.09% | 788.13B | 1.00% | +11.84% | 1.13 |
| Vanguard Total International Stock ETF VXUS | 0.05% | 652.30B | 2.61% | +20.58% | 1.21 |
| Invesco QQQ Trust, Series 1 QQQ | 0.18% | 481.14B | 0.43% | +28.14% | 1.43 |
| Vanguard Growth ETF VUG | 0.03% | 393.80B | 0.39% | +16.85% | 0.99 |
| Vanguard FTSE Developed Markets ETF VEA | 0.03% | 317.30B | 2.60% | +21.64% | 1.23 |
Cheaper alternatives
No fund of the class reaches 60% portfolio overlap — showing the cheapest funds of the class instead.
| Fund | TER | AUM (USD) | Overlap |
|---|---|---|---|
| State Street SPDR Portfolio S&P 500 ETF SPYM | 0.02% | 159.32B | 48.4% |
| iShares Core S&P 500 UCITS ETF CSP1.L | 0.07% | 151.66B | 48.3% |
| iShares Core S&P 500 UCITS ETF SXR8.DE | 0.07% | 151.54B | 48.3% |
| iShares Core S&P 500 UCITS ETF CSPX.AS | 0.07% | 151.54B | 48.3% |
| iShares Core S&P 500 UCITS ETF CSPX.L | 0.07% | 151.69B | 48.3% |
