Principal U.S. Small-Cap Multi-Factor ETF
PSC
NASDAQ Global Market- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 711 High Street Des Moines IA United States of America 50392
- IPO Date
- Sep 22, 2016
- CIK
- 0001572661
- Website
- principalam.com
- Similar Companies
- Business
- Principal U.S. Small-Cap Multi-Factor ETF (PSC) is an exchange-traded fund that seeks to provide investment results corresponding to the performance of the Principal U.S. Small-Cap Multi-Factor Index, before fees and expenses. The fund employs a multi-factor investment strategy targeting small-cap U.S. companies, with factors including value, momentum, quality, and low volatility; it invests at least 80% of its net assets in securities comprising the index, which consists of equity securities of small-capitalization companies listed on major U.S. exchanges. PSC offers investors diversified exposure to approximately 500 small-cap stocks selected and weighted based on proprietary multi-factor models, rebalanced quarterly to optimize risk-adjusted returns. Launched in 2017 by Principal Funds, Inc., PSC is headquartered in Des Moines, Iowa, as part of the Principal Financial Group family of funds, which manages over $500 billion in assets across ETFs, mutual funds, and institutional strategies. The fund targets institutional and retail investors seeking small-cap equity exposure with enhanced factor-based selection to mitigate traditional small-cap volatility; it operates primarily in the U.S. market, with no significant international geographic focus. PSC is passively managed, with low expense ratios typical of smart-beta ETFs, and trades on the NYSE Arca exchange. In recent developments, Principal Funds expanded its multi-factor ETF suite in 2024 with the launch of complementary international and large-cap variants, enhancing the PSC ecosystem for broader portfolio construction. The fund benefited from Principal Financial Group's strategic acquisition of certain ETF assets from Edgewood Management in early 2025, bolstering distribution channels and inflows exceeding $200 million in assets under management for PSC. No major reorganizations or name changes have occurred, though ongoing index methodology refinements were announced in late 2024 to incorporate ESG-aware factors amid rising investor demand.