USI Performance — Principal Ultra-Short Active Income ETF
Data updated: 2023-02-21
USI returned +0.38% over one year to Dec 2022. The annualised 3-year return is +0.66%. The fund beat its Trading - Leveraged category average: $100 invested three years ago grew to $102, against $93 for the category, and to $100 over one year, against $85. Volatility over the past three years was 1.05% a year. In the 12 months to Dec 2022 the fund lost a net $1.2M, and assets reached $7.22M.
USI Growth of $100
What $100 invested in Principal Ultra-Short Active Income ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Trading - Leveraged category average over the same months.
| Period | USI | Category average |
|---|---|---|
| 1 year (Jan 2022 – Dec 2022) | $100 | $85 |
| 3 years (Jan 2020 – Dec 2022) | $102 | $93 |
| Since data start (Jul 2019 – Dec 2022) | $103 | $97 |
USI Trailing Returns
Total returns to Dec 2022, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +0.38% |
| 3 years (annualised) | +0.66% |
USI Annual Returns
Calendar-year total returns of Principal Ultra-Short Active Income ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2022 | +0.38% |
| 2021 | −0.09% |
| 2020 | +1.69% |
| 2019 (Jul–Dec) | +1.26% |
USI Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | −0.2% | −0.2% | −0.4% | −0.1% | 0.0% | −0.2% | +0.3% | +0.2% | −0.1% | +0.1% | +0.5% | +0.5% |
| 2021 | +0.1% | 0.0% | 0.0% | +0.1% | +0.1% | 0.0% | +0.1% | 0.0% | 0.0% | −0.2% | −0.2% | −0.1% |
| 2020 | +0.3% | +0.2% | −0.9% | +1.0% | +0.5% | +0.3% | +0.1% | +0.1% | 0.0% | +0.1% | +0.1% | 0.0% |
| 2019 | — | — | — | — | — | — | +0.2% | +0.3% | +0.2% | +0.2% | +0.2% | +0.2% |
USI Risk
Risk measures from monthly returns over Jan 2020 – Dec 2022.
- 3-year volatility (annualised): 1.05%
- 3-year Sharpe ratio: -3.64 (vs 4.5% risk-free rate)
- Best month: +1.01% (Apr 2020)
- Worst month: −0.94% (Mar 2020)
USI Fund Flows
Monthly money in and out of Principal Ultra-Short Active Income ETF, from SEC Form N-PORT.
- 12-month net flow: −$1.2M
- 12-month gross sales (incl. reinvestments): $1.2M
- Sales ÷ redemptions: 0.50×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Dec 2022 | $0 | $0 | $0 |
| Nov 2022 | $0 | $0 | $0 |
| Oct 2022 | $0 | $1.2M | −$1.2M |
| Sep 2022 | $0 | $0 | $0 |
| Aug 2022 | $0 | $0 | $0 |
| Jul 2022 | $0 | $0 | $0 |
| Jun 2022 | $0 | $0 | $0 |
| May 2022 | $1.2M | $0 | $1.2M |
| Apr 2022 | $0 | $1.2M | −$1.2M |
| Mar 2022 | $0 | $0 | $0 |
| Feb 2022 | $0 | $0 | $0 |
| Jan 2022 | $0 | $0 | $0 |
USI Assets Under Management
Net assets of Principal Ultra-Short Active Income ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2022-12-31 | $7.22M |
| 2022-09-30 | $8.43M |
| 2022-06-30 | $8.44M |
| 2022-03-31 | $8.50M |
| 2021-12-31 | $8.58M |
| 2021-09-30 | $8.64M |
| 2021-06-30 | $8.66M |
| 2021-03-31 | $12.39M |
| 2020-12-31 | $12.42M |
| 2020-09-30 | $12.48M |
| 2020-06-30 | $12.51M |
| 2020-03-31 | $12.37M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.