ATLASPrincipal Value ETF (PY): outlook, holdings and fees
Principal Value ETF (PY) is an exchange-traded fund and is managed by Principal Funds. The expense ratio is 0.15% and the yield is 1.92%. The ten largest holdings are 27% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on PY
| Last price | $58.51 (-0.8%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 58% |
| Likely 1-month range (50%) | $57.70 – $59.96 |
| Normal 1-day range (±1σ) | ±0.7% |
| Distribution yield | 1.92% |
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.
PY fund facts
| Issuer | Principal Funds |
|---|---|
| Theme | US value |
| Assets under management | $241M |
| Expense ratio | 0.15% |
| Number of holdings | 50 |
| Portfolio turnover | 2% |
| Inception | Mar 21, 2016 |
| Exchange | NASDAQ |
Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of value companies. For this fund, value companies are those with market capitalizations within the range of companies comprising the S&P 500 Index (as of September 30, 2025, this range was between $6.5 billion and $4.6 trillion) and included within the S&P 500 Value Index.
PY top holdings
| Holding | Sector | Weight |
|---|---|---|
| Apple Inc. AAPL | Technology | 9.59% |
| Amazon.com Inc AMZN | Consumer Cyclical | 3.49% |
| Procter & Gamble Company PG | Consumer Defensive | 1.98% |
| UnitedHealth Group Incorporated UNH | Healthcare | 1.99% |
| Bank of America Corp BAC | Financial Services | 1.95% |
| Visa Inc. Class A V | Financial Services | 1.85% |
| Merck & Company Inc MRK | Healthcare | 1.68% |
| Johnson & Johnson JNJ | Healthcare | 1.55% |
| Exxon Mobil Corp XOM | Energy | 1.60% |
| The Coca-Cola Company KO | Consumer Defensive | 1.35% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
PY sector breakdown
| Sector | Weight |
|---|---|
| Technology | 27.7% |
| Financial Services | 16.4% |
| Healthcare | 14.5% |
| Industrials | 10.2% |
| Consumer Defensive | 8.8% |
| Consumer Cyclicals | 8.5% |
| Energy | 6.2% |
| Communication Services | 4.8% |
| Utilities | 1.2% |
| Basic Materials | 0.9% |
| Real Estate | 0.8% |
By region: North America 97.9%, Europe Developed 1.2%, Asia Emerging 0.9%.
PY returns and risk
| Year to date | +8.8% |
|---|---|
| 1 year | +9.0% |
| 3 years (annualised) | +16.0% |
| 5 years (annualised) | +9.1% |
| 10 years (annualised) | +10.4% |
| Volatility (3 years) | 12.8% |
| Sharpe ratio (3 years) | 0.83 |
Past returns do not guarantee future results.
PY: frequently asked questions
What does PY invest in?
Principal Value ETF invests in a portfolio of securities. Its largest holdings are Apple Inc. (9.6%), Amazon.com Inc (3.5%), Procter & Gamble Company (2.0%), UnitedHealth Group Incorporated (2.0%), Bank of America Corp (2.0%).
What is the PY expense ratio?
0.15% a year: about $15.00 for every $10,000 invested.
What is the PY dividend yield?
1.92%. ATLAS does not hold the exact distribution dates for ETFs.
Will PY go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 58%, with a likely range (50%) of $57.70 to $59.96 from $58.51 today. It is a probability, not a prediction.
How has PY performed?
Year to date +8.8%, one year +9.0%, three years +16.0% a year, five years +9.1% a year. Past returns do not guarantee future results.
Similar ETFs: US value
Educational information, not investment advice. Disclaimer