PY Principal Shareholder Yield Index ETF

Seeks to track, before fees and expenses, the Nasdaq U.S. Shareholder Yield Index. The Index uses a multi-factor model to select stocks of mid- to large-capitalization U.S. companies within the Nasdaq U.S. Large Mid Cap Index. To be included in the index, the stock must be paying a dividend. All eligible stocks are scored using the average of nine factors: 1) Dividend Yield 2) Buyback Yield 3) Dividend Payout Per Share 4) Free Cash Flow to Price 5) Free Cash Flow Growth 3-Year Sharpe Ratio 6) EBITDA to Debt 7) Dividend Yield Historical Valuation (3-Year & 5-Year) 8) Dividend Growth (1-Year, 3-Year & 5-Year) 9) Free Cash Flow Growth (1-Year, 3-Year & 5-Year). The top 20% best scoring stocks are selected. Stocks are weighted such that securities in the top two deciles receive 65% and 35% of the index weight respectively. The Index is evaluated annually in March.

$37.09  -0.76 (-2.00%)
As of 09/29/2022 16:00:00 EST     IEX book   CBOE book


ETF Information
Sponsor:     Principal Funds
Category1:  US Equity
Category2:  Broad market
Category3:  Large and mid cap
Morningstar category:  Mid-Cap Value
Leverage factor:  1.00
Inception date:  03/21/2016
Index tracking method: Passive replication
Current yield:  3.40%
Historical average yield:  2.51%
Market cap:  $90,872,007
Average volume:  143,291
Fees:     0.2900%

Index Information
Nasdaq US Shareholder Yield Index
Index symbol:  NQSHYL
Provider:   NASDAQ OMX
Total return index symbol:  NQSHYLT
Index weighting:   Composite scores
Index inception date:  01/19/2016
Backtesting data exists:   Yes
Number of holdings:  133
Strategy:  Multi-factor investing
Rebalanced:  Annually
Reconstituted:  Annually
Factors used to select securities:

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