Continue to site >
Trending ETFs

Principal Healthcare Innovators Index ETF

ETF
BTEC
Dividend policy
Suspended
Price as of:
$54.51 +0.5 +0.93%
primary theme
Health Care Sector Equity
BTEC (ETF)

Principal Healthcare Innovators Index ETF

Dividend policy
Suspended
Price as of:
$54.51 +0.5 +0.93%
primary theme
Health Care Sector Equity
BTEC (ETF)

Principal Healthcare Innovators Index ETF

Dividend policy
Suspended
Price as of:
$54.51 +0.5 +0.93%
primary theme
Health Care Sector Equity

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$54.51

$137 M

0.00%

$0.00

0.42%

Vitals

YTD Return

-7.2%

1 yr return

16.0%

3 Yr Avg Return

14.1%

5 Yr Avg Return

16.0%

Net Assets

$137 M

Holdings in Top 10

24.6%

52 WEEK LOW AND HIGH

$54.2
$48.09
$70.78

Expenses

OPERATING FEES

Expense Ratio 0.42%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 45.80%

Redemption Fee N/A


Min Investment

Standard (Taxable)

N/A

IRA

N/A


Fund Classification

Fund Type

Exchange Traded Fund

Investment Style

Health


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$54.51

$137 M

0.00%

$0.00

0.42%

BTEC - Profile

Distributions

  • YTD Total Return -8.0%
  • 3 Yr Annualized Total Return 14.1%
  • 5 Yr Annualized Total Return 16.0%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio -0.27%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Principal Healthcare Innovators Index ETF
  • Fund Family Name
    Principal Funds
  • Inception Date
    Aug 19, 2016
  • Shares Outstanding
    2500001
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Jeffrey Schwarte

Fund Description

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 Benchmark Index that are small and medium capitalization U.S. healthcare companies.


BTEC - Performance

Return Ranking - Trailing

Period BTEC Return Category Return Low Category Return High Rank in Category (%)
YTD -7.2% -80.3% 25.3% 90.19%
1 Yr 16.0% -28.4% 77.3% 70.85%
3 Yr 14.1%* -0.1% 33.4% 14.19%
5 Yr 16.0%* 2.1% 32.2% 13.99%
10 Yr N/A* 9.8% 21.9% N/A

* Annualized

Return Ranking - Calendar

Period BTEC Return Category Return Low Category Return High Rank in Category (%)
2020 52.4% -13.6% 178.2% 3.47%
2019 39.6% 3.8% 63.8% 5.52%
2018 -12.2% -49.7% 21.5% 78.10%
2017 36.7% -59.8% 54.4% 8.15%
2016 N/A -36.6% 11.6% N/A

Total Return Ranking - Trailing

Period BTEC Return Category Return Low Category Return High Rank in Category (%)
YTD -8.0% -80.6% 25.3% 89.72%
1 Yr 16.0% -30.4% 77.3% 63.06%
3 Yr 14.1%* -15.9% 33.4% 18.99%
5 Yr 16.0%* -7.4% 32.2% 12.07%
10 Yr N/A* 9.8% 21.9% N/A

* Annualized

Total Return Ranking - Calendar

Period BTEC Return Category Return Low Category Return High Rank in Category (%)
2020 52.4% -13.6% 178.2% 3.47%
2019 39.6% 3.8% 63.8% 5.52%
2018 -12.2% -25.3% 22.2% 79.56%
2017 36.7% -10.8% 54.4% 8.89%
2016 N/A -36.6% 11.6% N/A

BTEC - Holdings

Concentration Analysis

BTEC Category Low Category High BTEC % Rank
Net Assets 137 M 238 K 50.5 B 74.01%
Number of Holdings 303 11 477 2.53%
Net Assets in Top 10 33.6 M 2.18 K 21.1 B 55.27%
Weighting of Top 10 24.57% 8.6% 94.7% 92.83%

Top 10 Holdings

  1. Moderna Inc 4.82%
  2. Seagen Inc Ordinary Shares 3.98%
  3. Immunomedics Inc 3.57%
  4. Seattle Genetics Inc 3.55%
  5. Alnylam Pharmaceuticals Inc 3.26%
  6. Zimmer Biomet Holdings Inc 3.07%
  7. Insulet Corp 2.78%
  8. Horizon Therapeutics PLC 2.73%
  9. Horizon Therapeutics PLC 2.73%
  10. Horizon Therapeutics PLC 2.73%

Asset Allocation

Weighting Return Low Return High BTEC % Rank
Stocks
99.77% 83.68% 101.79% 45.99%
Cash
0.23% -0.82% 10.99% 52.74%
Preferred Stocks
0.00% 0.00% 6.25% 38.40%
Other
0.00% -24.25% 7.97% 45.57%
Convertible Bonds
0.00% 0.00% 0.10% 32.91%
Bonds
0.00% 0.00% 15.36% 35.86%

Stock Sector Breakdown

Weighting Return Low Return High BTEC % Rank
Healthcare
99.80% 63.33% 100.00% 49.37%
Consumer Defense
0.20% 0.00% 28.21% 8.02%
Utilities
0.00% 0.00% 1.14% 45.57%
Technology
0.00% 0.00% 19.13% 51.05%
Real Estate
0.00% 0.00% 6.13% 48.52%
Industrials
0.00% 0.00% 7.02% 48.95%
Financial Services
0.00% 0.00% 1.92% 60.76%
Energy
0.00% 0.00% 0.80% 45.57%
Communication Services
0.00% 0.00% 7.81% 47.68%
Consumer Cyclical
0.00% 0.00% 16.95% 36.71%
Basic Materials
0.00% 0.00% 8.13% 50.63%

Stock Geographic Breakdown

Weighting Return Low Return High BTEC % Rank
US
97.89% 57.23% 100.70% 10.13%
Non US
1.88% 0.00% 42.77% 89.45%

BTEC - Expenses

Operational Fees

BTEC Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.42% 0.08% 2.91% 65.81%
Management Fee 0.42% 0.00% 1.25% 14.53%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.03% 0.25% N/A

Sales Fees

BTEC Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

BTEC Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

BTEC Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 45.80% 0.00% 256.00% 52.73%

BTEC - Distributions

Dividend Yield Analysis

BTEC Category Low Category High BTEC % Rank
Dividend Yield 0.00% 0.00% 2.44% 42.86%

Dividend Distribution Analysis

BTEC Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Monthly Monthly

Net Income Ratio Analysis

BTEC Category Low Category High BTEC % Rank
Net Income Ratio -0.27% -2.54% 1.92% 63.22%

Capital Gain Distribution Analysis

BTEC Category Low Category High Capital Mode
Capital Gain Distribution Frequency

Dividend Payout History

View More +

BTEC - Fund Manager Analysis

Managers

Jeffrey Schwarte


Start Date

Tenure

Tenure Rank

Aug 19, 2016

5.12

5.1%

Jeff is a portfolio manager at Principal Global Equities. Jeff is an active member in the group’s research and development activities. He joined the equities group in 2000 as an analyst and named a portfolio manager in 2001. He has been with Principal since 1993. He received a bachelor's degree in accounting from the University of Northern Iowa. Jeff has earned the right to use the CFA designation. He is a Certified Internal Auditor and a Fellow of the Life Management Institute (FLMI). Jeff is a member of the CFA Society of Iowa and the CFA Institute.

Aaron Siebel


Start Date

Tenure

Tenure Rank

Mar 03, 2020

1.58

1.6%

Aaron J. Siebel has been with Principal® since 2005. He earned a BA in Finance from the University of Iowa in 2005.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.03 24.06 6.71 1.46