PIEQ - ETF AI Analysis
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Principal International Equity ETF (PIEQ)
The Principal International Equity ETF (PIEQ) has a balanced overall rating, reflecting a mix of strong and moderate-performing holdings. Leading contributors like TSMC and ASML Holding NV drive the fund’s rating with their robust financial performance and positive growth outlooks, despite high valuations that may limit future upside. However, weaker holdings such as Deutsche Telekom and Suncor Energy, which face challenges like bearish technical trends and declining revenue growth, slightly weigh on the fund’s overall score. A potential risk is the ETF’s exposure to companies with high valuations, which could limit growth if market conditions shift.
PIEQ vs. SPDR S&P 500 ETF (SPY)
- AUM
- 1.35B
- Region
- Global Ex-U.S.
- Expense Ratio
- 0.48%
- Beta
- 0.73
- Issuer
- Principal
- Inception Date
- Nov 05, 2024
- Dividend Yield
- 1.18%
- Asset Class
- Equity
- Index Tracked
- No Underlying Index
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 | 6.07% | $81.88M | EUR 539.67B | 50.70% | 78Outperform | |
| TSMC | 6.55% | $88.29M | $1.88T | 33.94% | 82Outperform | |
| Haleon PLC | ― | ― | ― | ― | 70Outperform | |
| Deutsche Telekom | ― | ― | ― | ― | 68Neutral | |
| AstraZeneca | 2.85% | $38.46M | GBP 216.51B | 11.27% | 75Outperform | |
| Airbus Group SE | ― | ― | ― | ― | 76Outperform | |
| Suncor Energy | ― | ― | ― | ― | 70Outperform | |
| Hannover Rueck | 2.23% | $30.05M | EUR 34.97B | 14.99% | 76Outperform |
PIEQ Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For PIEQ, the sentiment is Negative. The current price of 35.70 is above the 20-day moving average (MA) of 35.60, below the 50-day MA of 36.30, and above the 200-day MA of 35.55, indicating a neutral trend. The MACD of -0.13 indicates Negative momentum. The RSI at 48.04 is Neutral, neither overbought nor oversold. The STOCH value of 83.48 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for PIEQ.
PIEQ Peer Comparison
Comparison Results
| Name | Price | Price Target | AUM | Expense Ratio | Overall Rating |
|---|---|---|---|---|---|
| $35.70 | $33.00(-7.56% Downside) | $1.35B | 0.48% | 59Neutral | |
| $34.83 | $43.82(25.80% Upside) | $2.56B | 0.54% | 59Neutral | |
| $18.27 | $24.17(32.31% Upside) | $2.23B | 0.85% | 60Neutral | |
| $32.47 | $40.57(24.94% Upside) | $1.27B | 0.59% | 65Neutral | |
| $37.79 | ― | $1.13B | 0.45% | 63Neutral | |
| $29.81 | $37.16(24.66% Upside) | $370.76M | 0.55% | 71Outperform |
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| PIEQ | Principal International Equity ETF | 35.70 | 3.90 | 12.26% | |
| CGIC | Capital Group International Core Equity ETF | 34.83 | 4.11 | 13.39% | |
| WCMI | First Trust WCM International Equity ETF | 18.27 | 1.55 | 9.26% | |
| MFSI | MFS Active International ETF | 32.47 | 2.97 | 10.06% | |
| APIE | ActivePassive International Equity ETF | 37.79 | 3.00 | 8.62% | |
| OSEA | Harbor International Compounders ETF | 29.81 | -0.36 | -1.19% |
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.