Principal FundsDerivative IncomePCOV · Cboe BZX

Principal Equity Premium Income ETF (PCOV)

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Price: $24.67; —12 Nov 2026
Assets: $10.2M; Total net assets
Expense ratio: 0.34%; Category 0.88%
Yield: —; Trailing distributions

1Y return: —; Category 6.7%
3Y CAGR: —; Category 15.6%
5Y CAGR: —; Category 8.6%

$24.67—12 Nov 2026

Fund

Assets: $10.2M
Expense: 0.34%
Categ. exp: 0.88%
Yield: —

ReturnFundCateg.

1Y—6.7%

3Y—15.6%

5Y—8.6%

Launch-0.4%—

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Principal Equity Premium Income ETF

Calendar-year returns

Fund only: no comparison series covers this fund's history.

Risk statistics

Five years of daily closes. Risk-free rate 4% a year.

Standard deviation: —
Maximum drawdown: —
Sharpe ratio: —
Sortino ratio: —
Beta: —
Alpha: —
R²: —
Information ratio: —
Upside capture: —
Downside capture: —
Tracking error: —

Trailing returns compared with benchmark
Period	1M	3M	6M	YTD	1Y	3YCAGR	5YCAGR	10YCAGR	LaunchCAGR
ETF	+2.0%	—	—	—	—	—	—	—	-0.4%
Derivative Income average	-5.4%	-2.6%	-0.3%	7.7%	6.7%	15.6%	8.6%	8.3%	6.2%
Difference	+7.4%	—	—	—	—	—	—	—	-6.7%

Holdings

The 10 largest positions make up 33.9% of the fund.

Top holdings

Largest holdings by weight
Ticker	Holding	Weight
AAPL	Apple Inc	5.19%
MSFT	Microsoft Corp	4.21%
JPM	JPMorgan Chase & Co	4.00%
TSM	Taiwan Semiconductor Manufacturing Co Ltd ADR	3.41%
COST	Costco Wholesale Corp	3.08%
DHI	D.R. Horton Inc	3.02%
MS	Morgan Stanley	2.99%
WMT	Walmart Inc	2.77%
C	Citigroup Inc	2.71%
MRK	Merck & Co Inc	2.55%

Portfolio valuation

Weighted averages of what the fund holds.

P/E: 23.8
P/B: 4.4
P/S: 3.0
P/CF: 17.5

Sector allocation

Share of the equity the fund holds.

Technology20.6%
Financial services18.4%
Health care13.1%
Industrials12.3%
Consumer discretionary11.3%
Energy6.0%
Consumer staples5.9%
Materials3.8%
Real estate3.5%
Communication services3.3%
Utilities1.7%

Asset mix

Stocks98.7%
Cash1.3%

ETF details

Issuer: Principal Funds
Category: Equity · Derivative Income
Ticker: PCOV
Exchange: Cboe BZX
Inception: 18 Aug 2026 (0.2 years)
Structure: Exchange Traded Fund
Expense ratio: 0.34% (category 0.88%)
Holdings turnover: 0% (category 68%)
Distribution yield: —
Beta, 3 years: 0.00
Total net assets: $10.2M

Prices and returns as of 12 Nov 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.

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