Principal U.S. Mega-Cap ETF (USMC) — ()
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USMC: A Concentrated Exposure To The U.S. Largest Companies
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Sentiment: Positive ()
The Principal U.S. Mega-Cap ETF has outperformed the S&P 500 and peers, benefiting from a strong mega-cap focus and lower volatility. USMC's portfolio is concentrated in 25 holdings, heavily weighted …
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About Principal U.S. Mega-Cap ETF USMC
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.