ATLASPrincipal International Equity ETF (PIEQ): outlook, holdings and fees
Principal International Equity ETF (PIEQ) is an exchange-traded fund and is managed by Principal Funds. The expense ratio is 0.45% and the yield is 1.22%. The ten largest holdings are 47% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on PIEQ
| Last price | $35.94 (+0.7%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 55% |
| Likely 1-month range (50%) | $35.15 – $37.11 |
| Normal 1-day range (±1σ) | ±0.9% |
| Distribution yield | 1.22% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
PIEQ fund facts
| Issuer | Principal Funds |
|---|---|
| Theme | International developed |
| Assets under management | $1.3B |
| Expense ratio | 0.45% |
| Number of holdings | 33 |
| Inception | Nov 5, 2024 |
| Exchange | CBOE |
Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities. The fund invests primarily in foreign equity securities, including emerging market securities, such as China. It invests in equity securities of small, medium, and large market capitalization companies.
PIEQ top holdings
| Holding | Sector | Weight |
|---|---|---|
| Taiwan Semiconductor Manufacturing TSM | Technology | 7.10% |
| ASML Holding N.V. ASML | Technology | 6.31% |
| Samsung Electronics Co Ltd SSNLF | Technology | 5.51% |
| Teck Resources Limited TECK-B | Basic Materials | 4.64% |
| Suncor Energy Inc SU | Energy | 4.39% |
| Spotify Technology SA SPOT | Communication Services | 4.15% |
| Sompo Holdings Inc 8630 | Financial Services | 4.27% |
| AIB Group PLC AIBG | Financial Services | 4.20% |
| Tencent Holdings Ltd 0700 | Communication Services | 3.62% |
| Haleon PLC HLN | Healthcare | 3.24% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
PIEQ sector breakdown
| Sector | Weight |
|---|---|
| Technology | 23.7% |
| Financial Services | 23.0% |
| Healthcare | 13.4% |
| Consumer Cyclicals | 9.7% |
| Communication Services | 9.0% |
| Basic Materials | 7.1% |
| Industrials | 7.0% |
| Energy | 6.2% |
| Consumer Defensive | 0.9% |
By region: Europe Developed 24.5%, North America 21.1%, Asia Developed 18.5%, United Kingdom 13.8%, Japan 11.7%.
PIEQ returns and risk
| Year to date | +7.9% |
|---|---|
| 1 year | +15.7% |
| Volatility (3 years) | 0.0% |
| Sharpe ratio (3 years) | 0.00 |
Past returns do not guarantee future results.
PIEQ: frequently asked questions
What does PIEQ invest in?
Principal International Equity ETF invests in a portfolio of securities. Its largest holdings are Taiwan Semiconductor Manufacturing (7.1%), ASML Holding N.V. (6.3%), Samsung Electronics Co Ltd (5.5%), Teck Resources Limited (4.6%), Suncor Energy Inc (4.4%).
What is the PIEQ expense ratio?
0.45% a year: about $45.00 for every $10,000 invested.
What is the PIEQ dividend yield?
1.22%. ATLAS does not hold the exact distribution dates for ETFs.
Will PIEQ go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 55%, with a likely range (50%) of $35.15 to $37.11 from $35.94 today. It is a probability, not a prediction.
How has PIEQ performed?
Year to date +7.9%, one year +15.7%. Past returns do not guarantee future results.
Similar ETFs: International developed
- Vanguard FTSE Developed Markets ETF (VEA)
- iShares Core MSCI EAFE ETF (IEFA)
- Vanguard Total International Stock ETF (VXUS)
- iShares MSCI EAFE ETF (EFA)
- Vanguard FTSE All-World ex-US Index Fund ETF Shares (VEU)
- Schwab International Equity ETF (SCHF)
- iShares Core MSCI Total International Stock ETF (IXUS)
- State Street SPDR Portfolio Developed World ex-US ETF (SPDW)
Educational information, not investment advice. Disclaimer