USMC Performance — Principal U.S. Mega-Cap ETF
Data updated: 2026-09-10
USMC returned +8.54% year to date and +19.50% over one year to Jun 2026. Annualised returns are +20.56% over 3 years and +14.82% over 5 years. The fund beat its US Large Blend category average: $100 invested three years ago grew to $175, against $157 for the category, and to $120 over one year, against $118. Volatility over the past three years was 12.78% a year. In the 12 months to Jun 2026 the fund lost a net $331.3M, and assets reached $3.49B.
USMC Growth of $100
What $100 invested in Principal U.S. Mega-Cap ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Large Blend category average over the same months.
| Period | USMC | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $120 | $118 |
| 3 years (Jul 2023 – Jun 2026) | $175 | $157 |
| 5 years (Jul 2021 – Jun 2026) | $200 | $161 |
| Since data start (Jul 2019 – Jun 2026) | $283 | $229 |
USMC Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +8.54% |
| 1 year | +19.50% |
| 3 years (annualised) | +20.56% |
| 5 years (annualised) | +14.82% |
USMC Annual Returns
Calendar-year total returns of Principal U.S. Mega-Cap ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +8.54% |
| 2025 | +15.34% |
| 2024 | +29.33% |
| 2023 | +31.31% |
| 2022 | −17.02% |
| 2021 | +26.23% |
| 2020 | +16.05% |
| 2019 (Jul–Dec) | +9.52% |
USMC 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | −1.0% | −1.1% | −4.0% | +9.6% | +5.5% | −0.2% | — | — | — | — | — | — |
| 2025 | +3.5% | −1.7% | −6.5% | +0.1% | +5.5% | +4.2% | +0.9% | +3.0% | +5.1% | +1.8% | −0.5% | −0.6% |
| 2024 | +2.8% | +5.4% | +1.5% | −3.8% | +4.5% | +5.1% | −0.1% | +3.9% | +1.7% | −0.4% | +6.3% | −0.3% |
| 2023 | +5.2% | −1.1% | +5.8% | +2.0% | +2.2% | +5.7% | +3.7% | −0.5% | −4.6% | −2.4% | +8.7% | +3.7% |
| 2022 | −4.2% | −3.5% | +4.1% | −7.2% | +0.5% | −7.6% | +8.6% | −5.5% | −9.5% | +7.5% | +6.3% | −5.6% |
| 2021 | −1.7% | +0.6% | +4.4% | +4.7% | +0.5% | +2.7% | +3.3% | +2.8% | −4.0% | +6.8% | −1.3% | +5.4% |
| 2020 | +0.3% | −8.5% | −9.8% | +12.1% | +3.3% | +0.5% | +5.5% | +8.0% | −3.4% | −4.2% | +9.9% | +3.9% |
| 2019 | — | — | — | — | — | — | +1.3% | −1.2% | +1.5% | +1.7% | +3.4% | +2.6% |
USMC Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 12.78%
- 3-year Sharpe ratio: 1.26 (vs 4.5% risk-free rate)
- Best month: +9.61% (Apr 2026)
- Worst month: −6.45% (Mar 2025)
USMC Fund Flows
Monthly money in and out of Principal U.S. Mega-Cap ETF, from SEC Form N-PORT.
- 12-month net flow: −$331.3M
- 12-month gross sales (incl. reinvestments): $723.5M
- Sales ÷ redemptions: 0.69×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $5.9M | $5.8M | $11K |
| May 2026 | $87.9M | $14.5M | $73.4M |
| Apr 2026 | $90.4M | $5.5M | $84.9M |
| Mar 2026 | $327.7M | $383.2M | −$55.5M |
| Feb 2026 | $21.4M | $18.8M | $2.6M |
| Jan 2026 | $32.6M | $127.9M | −$95.2M |
| Dec 2025 | $12.4M | $60.0M | −$47.6M |
| Nov 2025 | $23.1M | $1.4M | $21.8M |
| Oct 2025 | $35.5M | $420.0M | −$384.5M |
| Sep 2025 | $25.3M | $0 | $25.3M |
| Aug 2025 | $43.8M | $9.1M | $34.7M |
| Jul 2025 | $17.6M | $8.8M | $8.8M |
USMC Assets Under Management
Net assets of Principal U.S. Mega-Cap ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $3.49B |
| 2026-03-31 | $2.89B |
| 2025-12-31 | $3.23B |
| 2025-09-30 | $3.63B |
| 2025-06-30 | $3.26B |
| 2025-03-31 | $2.50B |
| 2024-12-31 | $2.56B |
| 2024-09-30 | $2.54B |
| 2024-06-30 | $2.44B |
| 2024-03-31 | $2.28B |
| 2023-12-31 | $2.04B |
| 2023-09-30 | $1.46B |
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.