(USMC) Principal U.S. Mega-Cap - NASDAQ
ETF Category: Large Blend | Exchange: NASDAQ (USA) | Market Cap: 3.412m USD | Total Return: 20.7% in 12m
Avg Turnover: 4.23M
Warnings
No concerns identified
Tailwinds
No distinct edge detected
The Principal U.S. Mega-Cap ETF (USMC) focuses on equity securities within the highest tier of the domestic market. The fund mandates that at least 80% of its net assets be invested in companies positioned within the top 50th percentile of the S&P 500 Index by market capitalization.
This strategy targets the most liquid and established corporations in the United States, which often serve as global benchmarks for their respective industries. Mega-cap companies typically operate with mature business models and diverse revenue streams, providing a level of stability often absent in smaller-cap segments.
The fund is classified as non-diversified, meaning it may hold larger positions in a smaller number of issuers compared to diversified funds. Investors can further analyze these concentrated holdings and valuation metrics on ValueRay.
- Concentrated exposure to top-decile S&P 500 firms heightens sensitivity to mega-cap earnings
- Federal Reserve interest rate pivots dictate valuation multiples for long-duration growth holdings
- Tech-heavy portfolio weighting links performance to artificial intelligence and cloud infrastructure spending
- Global trade policy shifts impact multinational revenue streams of the largest domestic constituents
As of June 15, 2026, the stock is trading at USD 72.65 with a total of 38,543 shares traded.
Over the past week, the price has changed by +0.17%,
over one month by -0.57%,
over three months by +10.83% and
over the past year by +20.65%.
Principal U.S. Mega-Cap has no consensus analysts rating.