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PIEQ - AI Analysis
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Principal International Equity ETF (PIEQ)
Rating:59Neutral
Price Target:
$33.00
Positive Factors
Strong Top Holdings
Several key positions, such as TSMC and ASML Holding NV, have delivered strong year-to-date performance, supporting the ETF's overall returns.
Global Diversification
The ETF invests across multiple countries, including the USA, UK, Germany, and Japan, reducing reliance on any single economy.
Reasonable Expense Ratio
With an expense ratio of 0.48%, the ETF offers competitive costs compared to many actively managed funds.
Negative Factors
Lagging Holdings
Some top holdings, such as Haleon PLC, have underperformed year-to-date, potentially dragging on the fund's overall performance.
Sector Imbalance
The ETF is heavily weighted toward Health Care and Technology, which may increase vulnerability to sector-specific downturns.
Moderate U.S. Exposure
While the ETF has global exposure, its 26.8% allocation to U.S. companies may limit benefits from stronger growth in other regions.
PIEQ vs. SPDR S&P 500 ETF (SPY)
AUM1.13B
RegionGlobal Ex-U.S.
Expense Ratio0.48%
Beta0.73
IssuerPrincipal
Inception DateNov 05, 2024
Dividend YieldN/A
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume37,363
30 Day Avg. Volume29,186
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
36.20Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering39
PIEQ Summary
The Principal International Equity ETF (PIEQ) is an investment fund that gives you access to a wide range of companies from around the world, including the USA, UK, Germany, and Japan. It includes businesses from various industries like healthcare, technology, and consumer goods. Some well-known companies in this ETF are ASML Holding NV and TSMC. Investors might consider PIEQ for its global diversification, which can help reduce reliance on domestic markets and capture growth opportunities internationally. However, since it invests in international stocks, its performance can be affected by global economic conditions and currency fluctuations.
How much will it cost me?The Principal International Equity ETF (PIEQ) has an expense ratio of 0.48%, which means you’ll pay $4.80 per year for every $1,000 invested. This expense ratio is slightly higher than average for ETFs because it is actively managed, aiming to provide broad exposure to international markets and capture growth opportunities globally.
What would affect this ETF?The Principal International Equity ETF (PIEQ) could benefit from global economic growth, especially in sectors like technology and healthcare, which are heavily represented in its holdings. However, it may face challenges from rising interest rates or geopolitical tensions that could impact international markets, particularly in regions outside the U.S. Additionally, fluctuations in energy prices or regulatory changes in key industries could also influence its performance.
PIEQ Top 10 Holdings
The Principal International Equity ETF (PIEQ) is leaning heavily into global innovation, with semiconductor giants ASML and TSMC driving performance thanks to rising demand for advanced technologies. Meanwhile, Airbus is flying high on operational efficiency, though supply chain challenges keep its ascent in check. On the flip side, Haleon and Deutsche Telekom are lagging, with mixed financial results and bearish technical trends weighing on sentiment. The fund’s positioning is diverse across sectors like healthcare, technology, and industrials, offering a global ex-U.S. focus that balances growth opportunities with steady performers.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| ASML Holding NV | 4.82% | $43.96M | €343.40B | 35.96% | 78 Outperform | |
| TSMC | 4.71% | $42.97M | $1.25T | 47.41% | 82 Outperform | |
| Haleon PLC | 4.67% | $42.58M | £31.28B | -7.14% | 70 Outperform | |
| ― | 4.44% | $40.53M | ― | ― | ― | |
| Deutsche Telekom | 4.17% | $38.06M | €146.77B | 7.26% | 68 Neutral | |
| AstraZeneca | 4.05% | $36.92M | £194.77B | 5.31% | 75 Outperform | |
| ― | 3.81% | $34.77M | ― | ― | ― | |
| Airbus Group SE | 3.80% | $34.70M | $187.73B | 60.24% | 76 Outperform | |
| Suncor Energy | 3.69% | $33.71M | $46.44B | -1.69% | 70 Outperform | |
| Hannover Rueck | 3.61% | $32.98M | €30.55B | -0.54% | 76 Outperform |
PIEQ Technical Analysis
Positive
―
Price Trends
31.36
Positive
30.34
Positive
28.47
Positive
Market Momentum
0.16
Positive
56.04
Neutral
30.09
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For PIEQ, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 31.86, equal to the 50-day MA of 31.36, and equal to the 200-day MA of 28.47, indicating a bullish trend. The MACD of 0.16 indicates Positive momentum. The RSI at 56.04 is Neutral, neither overbought nor oversold. The STOCH value of 30.09 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for PIEQ.
PIEQ Peer Comparison
Comparison Results
Performance Comparison
PIEQ
Principal International Equity ETF
32.03
6.77
26.80%
APIE
ActivePassive International Equity ETF
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CGIC
Capital Group International Core Equity ETF
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WCMI
First Trust WCM International Equity ETF
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MFSI
MFS Active International ETF
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OSEA
Harbor International Compounders ETF
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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.
Disclaimer
This 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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