YLD vs. USMV ETF Comparison

Comparison of Principal Exchange-Traded Funds Principal EDGE Active Income ETF (YLD) to iShares MSCI USA Minimum Volatility ETF (USMV)

YLD

Principal Exchange-Traded Funds Principal EDGE Active Income ETF

YLD Description

The investment seeks to provide current income. The fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by investing, under normal circumstances, its assets in investment grade and non-investment grade fixed income securities (commonly known as "junk bonds") and in equity securities. The fund&#39;s Sub-Advisors, actively and tactically allocates the fund&#39;s assets among fixed income securities and equity securities in an effort to take advantage of changing economic conditions that Edge believes favors one asset class over another.

Grade (RS Rating)

Last Trade

$19.58

Average Daily Volume

63,180

Number of Holdings ^*

* may have additional holdings in another (foreign) market

USMV

iShares MSCI USA Minimum Volatility ETF

USMV Description

The investment seeks the investment results of an index composed of U.S. equities that, in the aggregate, have lower volatility characteristics relative to the broader U.S. equity market. The fund generally invests at least 90% of its assets in securities of the underlying index or in depositary receipts representing securities in the underlying index. The underlying index follows a rules-based methodology to determine weights for securities in the index that seeks to minimize total risk of the MSCI USA Index. Components primarily include consumer staples, healthcare and information technology companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$91.28

Average Daily Volume

2,252,407

Number of Holdings ^*

170

* may have additional holdings in another (foreign) market

Performance

Period	YLD	USMV
30 Days	1.95%	1.97%
60 Days	3.24%	6.57%
90 Days	4.31%	8.42%
12 Months	14.17%	23.92%

20 Overlapping Holdings

Symbol	Grade	Weight in YLD	Weight in USMV	Overlap
AAPL	C	0.88%	0.97%	0.88%
ABT	C	0.64%	0.09%	0.09%
BR	D	0.28%	0.05%	0.05%
CB	B	0.42%	1.5%	0.42%
CMCSA	D	0.86%	0.36%	0.36%
CVX	D	0.3%	0.3%	0.3%
EOG	D	0.36%	0.15%	0.15%
HD	B	0.67%	0.28%	0.28%
HON	D	0.48%	0.22%	0.22%
HRL	C	0.37%	0.22%	0.22%
JNJ	C	0.26%	1.28%	0.26%
MDT	C	0.71%	0.14%	0.14%
MPC	F	0.4%	0.56%	0.4%
MRK	D	0.44%	1.22%	0.44%
PFE	C	0.3%	0.24%	0.24%
PKG	B	0.47%	0.18%	0.18%
TSN	C	0.23%	0.69%	0.23%
WEC	C	0.39%	0.75%	0.39%
XEL	B	0.44%	0.42%	0.42%
XOM	C	0.09%	0.43%	0.09%

YLD Overweight 36 Positions Relative to USMV

Symbol	Grade	Weight
IPG	C	0.81%
AMAT	D	0.78%
KKR	B	0.77%
BLK	B	0.75%
JPM	D	0.72%
MCHP	F	0.71%
TSCO	C	0.66%
COST	B	0.65%
SBUX	C	0.6%
EWBC	D	0.56%
DLR	B	0.54%
ARE	C	0.53%
MPW	C	0.5%
TFX	C	0.49%
NDSN	C	0.48%
APD	B	0.47%
DE	B	0.45%
ALE	B	0.43%
BCE	C	0.41%
FNF	B	0.4%
PCAR	D	0.4%
PSA	B	0.37%
LECO	F	0.37%
ES	C	0.35%
BOH	D	0.32%
SAP	B	0.31%
MGA	D	0.3%
GOLF	D	0.3%
HAS	B	0.28%
LCII	C	0.25%
SNA	C	0.25%
CFR	C	0.19%
USB	B	0.09%
COLB	B	0.09%
VFC	C	0.06%
WASH	B	0.02%

YLD Underweight 150 Positions Relative to USMV

Symbol	Grade	Weight
TMUS	C	-1.7%
IBM	B	-1.7%
PGR	B	-1.68%
WMT	C	-1.66%
MSI	B	-1.64%
LLY	C	-1.58%
DUK	C	-1.55%
WCN	D	-1.55%
NOC	B	-1.52%
RSG	D	-1.52%
BRK.A	C	-1.49%
VZ	B	-1.44%
MSFT	C	-1.38%
TXN	C	-1.38%
UNH	C	-1.38%
SO	B	-1.37%
WM	D	-1.37%
ROP	C	-1.31%
CSCO	C	-1.29%
APH	D	-1.29%
AJG	D	-1.29%
ACN	C	-1.28%
MCD	B	-1.27%
PG	C	-1.26%
ABBV	C	-1.22%
ED	C	-1.22%
AVGO	C	-1.21%
MMC	C	-1.16%
PEP	C	-1.15%
MCK	F	-1.14%
ORCL	C	-1.12%
TRV	C	-1.05%
AZO	D	-0.99%
REGN	C	-0.92%
GILD	B	-0.89%
LMT	C	-0.88%
CBOE	C	-0.87%
V	C	-0.83%
K	B	-0.81%
GDDY	C	-0.81%
ACGL	C	-0.8%
EA	D	-0.78%
CTSH	C	-0.77%
GIS	B	-0.77%
VRTX	D	-0.75%
FCNCA	D	-0.73%
ELV	C	-0.72%
T	C	-0.71%
KDP	B	-0.71%
AMGN	B	-0.7%
MA	B	-0.67%
COR	D	-0.66%
NOW	B	-0.65%
VRSN	D	-0.65%
ORLY	C	-0.63%
KR	C	-0.59%
BDX	D	-0.59%
NEM	B	-0.58%
FI	A	-0.57%
KEYS	C	-0.54%
NVDA	D	-0.54%
FANG	D	-0.53%
ERIE	B	-0.52%
MDLZ	B	-0.52%
TDY	B	-0.52%
CME	C	-0.51%
YUM	D	-0.51%
FFIV	B	-0.49%
AON	B	-0.49%
JNPR	B	-0.49%
INCY	C	-0.48%
FICO	B	-0.48%
CL	D	-0.47%
HUM	F	-0.47%
UBER	C	-0.47%
PTC	D	-0.47%
AKAM	D	-0.45%
CDW	D	-0.45%
TJX	B	-0.45%
EG	C	-0.45%
KHC	C	-0.44%
BAH	C	-0.44%
WDAY	D	-0.42%
AEP	C	-0.42%
BMY	C	-0.41%
VRSK	D	-0.4%
CPB	C	-0.39%
CTVA	B	-0.37%
ROL	C	-0.37%
CHD	D	-0.37%
WTW	C	-0.36%
HSY	C	-0.35%
AFG	B	-0.34%
IT	B	-0.34%
NBIX	F	-0.33%
MKL	C	-0.32%
GEN	B	-0.32%
WRB	C	-0.3%
BMRN	F	-0.3%
ICE	C	-0.29%
FWONK	C	-0.29%
AIZ	B	-0.28%
GLW	C	-0.28%
L	C	-0.27%
GRMN	D	-0.27%
ANET	B	-0.27%
ALNY	C	-0.25%
ADI	C	-0.25%
MOH	D	-0.23%
D	C	-0.23%
CI	C	-0.23%
WMB	B	-0.23%
AEE	C	-0.22%
KMB	D	-0.22%
DTE	C	-0.21%
NTAP	D	-0.21%
AZPN	B	-0.21%
MELI	B	-0.2%
CMS	C	-0.2%
HUBS	D	-0.18%
SNPS	F	-0.17%
HOLX	C	-0.17%
STX	C	-0.17%
TW	B	-0.17%
LIN	B	-0.17%
DPZ	F	-0.17%
CDNS	D	-0.16%
CRWD	D	-0.14%
GOOG	D	-0.14%
OXY	F	-0.13%
UTHR	C	-0.13%
HIG	B	-0.12%
AMZN	C	-0.12%
KO	C	-0.11%
LNT	B	-0.1%
DELL	D	-0.1%
DGX	B	-0.1%
RTX	C	-0.09%
ADP	B	-0.08%
TEL	D	-0.07%
FSLR	C	-0.07%
PSX	F	-0.06%
GD	B	-0.06%
KNX	C	-0.06%
OTIS	C	-0.06%
ULTA	D	-0.05%
VLO	F	-0.05%
CVS	D	-0.05%
ATO	B	-0.05%
CRM	D	-0.04%