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 31 July 2020
Asset Under Management 3.43 Million (USD)
1 Month Total Return 4.12 %
Year To Date Return -17.75 %
1 Year Total Return -12.37 %
3 Year Annualized Total Return
NAV 22.84
Share Outstanding 150,001
Top 10 Holdings (31 July 2020)
Constituent Name Constituent Ticker Constituent Type Weighting
TRANSOCEAN LTD RIGN EQUI 0.008866609626187398
GAP INC/THE COMMON STOCK USD.05 GPS EQUI 0.008680982312509302
ALCOA CORP COMMON STOCK USD.01 AA EQUI 0.008245701909722618
CONTINENTAL RESOURCES INC/OK CLR EQUI 0.008030022743554332
QURATE RETAIL INC SERIES A COMMON STOCK USD.01 QRTEA EQUI 0.007586527974928174
AUTONATION INC COMMON STOCK USD.01 AN EQUI 0.007556285225203686
FIRST SOLAR INC COMMON STOCK USD.001 FSLR EQUI 0.007373232131806272
PENSKE AUTOMOTIVE GROUP INC PAG EQUI 0.007347426296588035
DXC TECHNOLOGY CO COMMON STOCK USD.01 DXC EQUI 0.00720703005790913
HALLIBURTON CO COMMON STOCK USD2.5 HAL EQUI 0.007200582937678079