PCOV - ETF AI Analysis
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Principal Equity Premium Income ETF (PCOV)
Rating:73Outperform
Price Target:―
Positive Factors
Strong Core Holdings
Several of the largest positions, including major technology and financial names, have shown strong year-to-date performance, helping support the fund’s returns.
Broad Sector Diversification
The ETF spreads its investments across many sectors such as technology, financials, health care, consumer cyclical, and energy, which helps reduce reliance on any single industry.
Moderate Expense Ratio
The fund’s expense ratio is moderate for an actively managed, income-focused equity strategy, so fees are not excessively high relative to its specialized approach.
Negative Factors
Recent Weak Performance
The ETF has shown weak short-term and year-to-date performance, which may concern investors looking for steadier returns.
Heavy U.S. Market Exposure
With almost all assets in U.S. companies, the fund offers limited geographic diversification and is highly sensitive to the U.S. market.
Mixed Results Among Top Holdings
A few key positions, including some large consumer and housing-related stocks, have been lagging this year, which can drag on overall fund performance.
PCOV vs. SPDR S&P 500 ETF (SPY)
AUM9.67M
RegionGlobal
Expense Ratio0.34%
Beta1.02
IssuerPrincipal
Inception DateAug 18, 2026
Dividend YieldN/A
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume455
30 Day Avg. Volume14,901
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
28.81Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering49
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
PCOV Summary
PCOV, the Principal Equity Premium Income ETF, invests mainly in U.S. stocks across many sectors and sizes, with a tilt toward value companies that tend to have steadier earnings and dividends. It doesn’t track a specific index, but follows an income-focused theme by combining stock investing with an options strategy to generate extra cash payouts. Well-known holdings include Apple, Microsoft, JPMorgan Chase, and Walmart, giving investors broad, recognizable company exposure plus potential income and long-term growth. A key risk is that the fund’s option strategy can limit gains in strong markets, and its stock prices can still go up and down with overall market conditions.
How much will it cost me?This ETF has an expense ratio of 0.34%, which means you’ll pay about $3.40 per year for every $1,000 invested. That’s a bit higher than the average low-cost index ETF because it uses an actively managed, options-based income strategy rather than simply tracking a broad market index.
What would affect this ETF?PCOV could benefit if large global technology and financial companies like Apple, Microsoft, and JPMorgan continue to grow and if economic conditions support steady dividends and option income, which suits its value and income focus. On the downside, sharp market rallies may leave it lagging because of its option strategy, while global slowdowns, tighter regulations on big tech or banks, or rising interest rates that pressure stocks could hurt performance.
PCOV Top 10 Holdings
PCOV leans heavily on U.S. blue chips, with Apple and Microsoft doing much of the heavy lifting as their tech momentum and AI stories keep the fund’s growth engine humming. TSMC adds a powerful global semiconductor twist, though its recent swings make the ride a bit bumpier. On the financial side, JPMorgan and Citigroup are steady contributors, while Morgan Stanley has been more of a mixed bag lately. DR Horton and Walmart have been losing steam, modestly tugging on returns, but overall the fund remains anchored in large-cap U.S. value with a tech and financial tilt.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Apple | 5.26% | $513.28K | $4.90T | 33.51% | 79 Outperform | |
| Microsoft | 4.11% | $400.47K | $3.70T | 0.92% | 79 Outperform | |
| JPMorgan Chase | 3.99% | $389.51K | $899.96B | 8.54% | 72 Outperform | |
| TSMC | 3.30% | $321.53K | $2.02T | 64.84% | 81 Outperform | |
| Morgan Stanley | 3.05% | $297.58K | $308.33B | 22.61% | 76 Outperform | |
| DR Horton | 3.01% | $293.10K | $39.26B | -15.36% | 66 Neutral | |
| Costco | 2.99% | $291.31K | $397.57B | 0.74% | 72 Outperform | |
| Walmart | 2.84% | $277.32K | $853.59B | 4.67% | 78 Outperform | |
| Citigroup | 2.71% | $263.86K | $221.59B | 29.84% | 68 Neutral | |
| Merck & Company | 2.51% | $244.33K | $365.09B | 89.38% | 80 Outperform |
PCOV Technical Analysis
Positive
―
Price Trends
Market Momentum
44.81
Neutral
51.29
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For PCOV, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 24.46, equal to the 50-day MA of ―, and equal to the 200-day MA of ―, indicating a neutral trend. The MACD of ― indicates undefined momentum. The RSI at 44.81 is Neutral, neither overbought nor oversold. The STOCH value of 51.29 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for PCOV.
PCOV Peer Comparison
Comparison Results
Performance Comparison
PCOV
Principal Equity Premium Income ETF
24.40
-0.60
-2.40%
MVPA
Miller Value Partners Appreciation ETF
―
―
―
DIVL
Madison Dividend Value ETF
―
―
―
WBIF
WBI BullBear Value 3000 ETF
―
―
―
ARIA
ARIA Opportunities ETF
―
―
―
WCMG
First Trust WCM Global Equity ETF
―
―
―
Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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