PIEQ ETF — Principal International Equity ETF

Principal International Equity ETF (PIEQ)

Updated October 16, 2026.

PIEQ is an ETF. its trailing-12-month yield is 1.20%, its expense ratio is 0.48%. Dividend Vision Distribution Safety Score™ is 50/100 (Unproven). Total return is 43.7% over the past 1.9 years, 11.6 points ahead of SPY at 32.1%.

Principal International Equity ETF is an ETF that invests at least 80% of its assets in foreign equity securities across small, medium, and large companies, with exposure to emerging markets including China. The fund carries a modest current distribution rate and an expense ratio of 0.48%, with annual distributions; note that its latest distribution was special and may not recur on a regular basis. The fund appeals to investors seeking broad international equity exposure rather than those focused on regular income.

PIEQ performance versus SPY

Price and return data through 2026-10-16.

Total return is 43.7% over the past 1.9 years, 11.6 points ahead of SPY at 32.1%. Over the past year its total return — price change plus distributions reinvested — is 12.5%. Its deepest 1-year drawdown was 9.5%.

PIEQ key facts

Distribution Safety Score™

50 · Unproven

Issuer

Principal

Asset type

ETF

Asset class

Equity

Inception date

11/05/2024

Expense ratio

0.48%

Distribution frequency

Annual

Trailing yield

1.20%

Last close

$35.33 (as of 2026-10-16)

AUM

$1,329,171,951

Average volume

39309.0

Dividend

$0.42293

Ex-dividend date

12/29/2025

Beta

1.0253

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (1.20%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Principal; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

PIEQ risks and drawbacks

Payments are annual, so cash flow is lumpy versus a monthly fund. The deepest 1-year drawdown on record here is 9.5%.

Who may consider PIEQ — and who may not

It is a weaker fit for investors who need monthly cash flow (PIEQ pays annual). This is educational context, not a recommendation to buy or sell.

More on PIEQ

• All tickers starting with P

Tagged: International.

Frequently asked questions

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