PVAL

Fund Description
The investment seeks to provide investment results that closely correspond, before expenses, to the performance of the Nasdaq U.S. Contrarian Value Index (the "index"). Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of companies that compose the index at the time of purchase. The index uses a quantitative model designed to identify equity securities in the Nasdaq US Large Mid Cap Index (the "parent index") that appear to be undervalued by the market relative to their fundamental value, when taking multiple market environments into consideration.
Fund Profile
Fund Name Principal Contrarian Value Index ETF
Fund Exchange Ticker PVAL
Fund Sponsor Principal Financial Services
Fund ISIN US74255Y8628
Net Expense Ratio 0.29 %
Fund Inception Date 18 October 2017
Fund Legal Structure ETF (Open end fund)
Exchange NASDAQ
Listing Country Code US
Fund Investment Objective
ETF Type Specific US Equities - Factor & Thematic
Asset Class Equities (Stocks)
Index Linked Passive
Index Name Nasdaq U.S. Contrarian Value Index
Index Provider Nasdaq
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Market Capitalization Range Large & Mid Cap
Growth Value Value
Continent North America
Key Statistics
Return As of Date 17 June 2019
Asset Under Management 5.18 Million (USD)
1 Month Total Return 0.06 %
Year To Date Return 18.05 %
1 Year Total Return -0.25 %
3 Year Annualized Total Return
NAV 25.9
Share Outstanding 200,001
Top 10 Holdings (17 June 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
CYPRESS SEMICONDUCTOR CORP CY EQUI 0.00823083313352686
DENTSPLY SIRONA INC COMMON STOCK USD.01 XRAY EQUI 0.007807747759105578
PILGRIM S PRIDE CORP COMMON STOCK USD.01 PPC EQUI 0.007781362228616138
PULTEGROUP INC COMMON STOCK USD.01 PHM EQUI 0.0070869939974266515
MARVELL TECHNOLOGY GROUP LTD MRVL EQUI 0.0068531859906856086
DR HORTON INC COMMON STOCK USD.01 DHI EQUI 0.006807929162035483
EMCOR GROUP INC COMMON STOCK USD.01 EME EQUI 0.006748090754628965
QUEST DIAGNOSTICS INC COMMON STOCK USD.01 DGX EQUI 0.00673341093802362
GRAPHIC PACKAGING HOLDING CO GPK EQUI 0.006650243930839208
JETBLUE AIRWAYS CORP COMMON STOCK USD.01 JBLU EQUI 0.006645703801231702