The Principal Contrarian Value Index ETF (PVAL) tracks an index of mid-cap U.S. stocks with a bias toward value investing. The index excludes utility companies, then separates financial from non-financials. The methodology tries to identify those companies with higher book yields; the index then tries to determine how the securities will measure on quality in bull and bear markets. The securities are then separated into tiers and equal-weighted within those tiers.
Perhaps the overly complicated methodology scared off investors because PVAL has been slow to gather assets since its 2017 debut, and trades at wider spreads than many of its competitors. There are plenty of better-seasoned peers out there that offer better liquidity at a fraction of the price, such as the iShares Core S&P U.S. Value ETF (IUSV), the iShares Edge MSCI USA Value Factor ETF (VLUE), the Schwab U.S. Large-Cap Value ETF (SCHV), and the Vanguard Value ETF (VTV). Based on price, performance and liquidity, we’d recommend that investors look elsewhere for value.
|Day Lo||-||Day Hi||-|
This section compares how balanced and deep this ETF is relative to the peer group ETFdb.com Category.
This section shows how the dividend yield of this ETF compares to the peer group ETFdb.com Category.
View charts featuring ETF fund flow data.5 Day Net Flows: 0 1 Month Net Flows: 0 3 Month Net Flows: 0 6 Month Net Flows: -950.82 K 1 Year Net Flows: -950.82 K 3 Year Net Flows: 364.85 K 5 Year Net Flows: 364.85 K 10 Year Net Flows: 364.85 K
The adjacent table gives investors an individual Realtime Rating for PVAL on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETFdb Pro members, shows the ETF in the All Cap Equities with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETFdb Pro. To view information on how the ETFdb Realtime Ratings work, click here.
PVAL does not have an ESG score. There are no ESG themes that map to this ETF.
This section shows how this ETF has performed relative to its peer group ETFdb.com Category.
This section shows how the volatility of this ETF compares to the peer group ETFdb.com Category.
ETF Database's Financial Advisor Reports are designed as an easy handout for clients to explain the key information on a fund. Includes new analyst insights and classification data.
Fact sheets are issued by the ETF provider and framed by ETFdb.com. Information contained within the fact sheet is not guaranteed to be timely or accurate.
Copyright © 2021 FactSet Research Systems Inc. All rights reserved.