PSET ETF — Principal Quality ETF

Principal Quality ETF (PSET)

Updated October 16, 2026.

PSET is a low-cost ETF. its distribution rate is 0.87%, its trailing-12-month yield is 0.76%, its expense ratio is 0.15%. Dividend Vision Distribution Safety Score™ is 73/100 (Generally safe). Total return is 258.1% over the past 10.6 years, 83.3 points behind SPY at 341.4%.

Principal Quality ETF is an actively managed fund that uses a proprietary quantitative model to select growth-oriented equity securities from the S&P 500 Growth Index, focusing on companies with higher profitability, earnings quality, balance sheet strength, and pricing power. The fund distributes quarterly with a modest current distribution rate and carries a low expense ratio of 0.15%. This fund may appeal to growth-oriented income investors seeking quality-focused equity exposure with a disciplined stock selection approach.

PSET performance versus SPY

Price and return data through 2026-10-16.

Total return is 258.1% over the past 10.6 years, 83.3 points behind SPY at 341.4%. Over the past year its total return — price change plus distributions reinvested — is 6.9%. Its deepest 1-year drawdown was 12.9%.

PSET key facts

Distribution Safety Score™

73 · Generally safe

Safety-Adjusted Yield

0.64%

Issuer

Principal

Asset type

ETF

Asset class

Equity

Inception date

03/21/2016

Expense ratio

0.15%

Distribution rate

0.87%

Distribution frequency

Quarterly

Trailing yield

0.76%

Last close

$79.66 (as of 2026-10-16)

AUM

$25,742,572

Average volume

2189.0

Dividend

$0.174

Ex-dividend date

10/01/2026

Payment date

10/05/2026

Beta

1.0

How Dividend Vision calculates yield and returns

Distribution rate (0.87%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (0.76%) 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.

PSET risks and drawbacks

PSET's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 12.9%.

Who may consider PSET — and who may not

PSET may suit someone looking for low-cost broad dividend exposure. It is a weaker fit for investors who need monthly cash flow (PSET pays quarterly); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on PSET

• All tickers starting with P

Frequently asked questions

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