evenfolioETF Details
Principal Funds·Derivative Income·PCOV · Cboe BZX
Principal Equity Premium Income ETF (PCOV)
- Price
- $24.40
- —25 Sept 2026
- Assets
- $9.9M
- Total net assets
- Expense ratio
- 0.34%
- Category 0.88%
- Yield
- —
- Trailing distributions
- 1Y return
- —
- Category 13.6%
- 3Y CAGR
- —
- Category 18.0%
- 5Y CAGR
- —
- Category 9.5%
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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
- —
| Period | 1M | 3M | 6M | YTD | 1Y | 3YCAGR | 5YCAGR | 10YCAGR | LaunchCAGR |
|---|---|---|---|---|---|---|---|---|---|
| ETF | -2.4% | — | — | — | — | — | — | — | -2.8% |
| Derivative Income average | 1.6% | 6.5% | 19.5% | 10.3% | 13.6% | 18.0% | 9.5% | 8.5% | 9.4% |
| Difference | -3.9% | — | — | — | — | — | — | — | -12.2% |
Holdings
The 10 largest positions make up 32.8% of the fund.
Top holdings
| Ticker | Holding | Weight |
|---|---|---|
| AAPL | Apple Inc | 4.56% |
| MSFT | Microsoft Corp | 4.13% |
| JPM | JPMorgan Chase & Co | 4.02% |
| MS | Morgan Stanley | 3.24% |
| DHI | D.R. Horton Inc | 3.02% |
| TSM | Taiwan Semiconductor Manufacturing Co Ltd ADR | 3.02% |
| COST | Costco Wholesale Corp | 2.85% |
| MRK | Merck & Co Inc | 2.70% |
| C | Citigroup Inc | 2.67% |
| UNP | Union Pacific Corp | 2.59% |
Portfolio valuation
Weighted averages of what the fund holds.
- P/E
- 24.9
- P/B
- 4.6
- P/S
- 3.2
- P/CF
- 18.4
Sector allocation
Share of the equity the fund holds.
- Financial services19.6%
- Technology19.5%
- Health care12.9%
- Industrials12.6%
- Consumer discretionary11.3%
- Energy6.1%
- Consumer staples5.4%
- Materials3.9%
- Real estate3.5%
- Communication services3.4%
- Utilities1.7%
Asset mix
- Stocks97.9%
- Cash2.1%
ETF details
- Issuer
- Principal Funds
- Category
- Equity · Derivative Income
- Ticker
- PCOV
- Exchange
- Cboe BZX
- Inception
- 18 Aug 2026 (0.1 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
- $9.9M
Prices and returns as of 25 Sept 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.
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