Why Principal's Value Principle Is Geared for Gains
December 10, 2020 Sometimes, prosaic approaches to factor investing leave investors wanting more. That’s long been the case with value stocks, but the Principal Value ETF (PY) provides a unique lens to value, one that could serve investors if the recent rebound by the factor is persistent. PY seeks to provide investment results that closely correspond to the performance of the Nasdaq US Shareholder Yield Index. The index uses a quantitative model designed to identify equity securities (including value stock) of mid- to large-capitalization companies in the Nasdaq US Large Mid Cap Index (...
Source: etftrends.com
