Principal Capital Appreciation Select ETF
Fund details
as of
12/03/2025
unless indicated otherwise
Fund ticker
LCAP
Benchmark
Russell 1000® Index
NAV
$29.62
NAV change
-$0.05
Premium/Discount to NAV
0.13%
Median bid ask spread
as of
12/03/2025
0.07%
Price
$29.66
Price change
-$0.02
Daily volume
33,759
Total fund assets
$99.5M
Shares outstanding
3,360,001
Dividend frequency
Annually
Inception date
03/25/2025
Morningstar category
Large Blend
Investment approach
The investment seeks to provide long-term growth of capital.
The fund invests primarily in equity securities of U.S. companies with any market capitalization, but it has a greater exposure to large market capitalization companies than small or medium market capitalization companies. Although there is no restriction on the size of the companies in which the fund invests, most of the fund's investments typically include companies with a market capitalization range over $10 billion at the time of purchase.
Performance & expenses
As of
11/30/2025
| Name | 1 month | 3 month | YTD | 1-year | 3-year | 5-year | 10-year | Since inception | Overall |
|---|---|---|---|---|---|---|---|---|---|
| Net asset value (NAV) return | 0.32% | 7.24% | — | — | — | — | — | 19.37% | — |
| Market price return | 0.32% | 7.24% | — | — | — | — | — | 19.37% | — |
| Benchmark performance Russell 1000® Index |
0.24% | 5.96% | — | — | — | — | — | — | — |
| Morningstar category average | — | — | — | — | — | — | — | — | — |
| Morningstar percentile rankings | — | — | — | — | — | — | — | — | — |
| # of funds in category | 1,381 | 1,377 | — | — | — | — | — | — | — |
| Morningstar rating | — | — | — | — | — | — | — | — | — |
30-Day SEC yield
Unsubsidized as of
10/31/2025
0.55%
30-Day SEC yield
Subsidized as of
10/31/2025
0.55%
Returns represent past performance and do not guarantee future results. Share price, principal value, and return will vary and you may have a gain or loss when shares are sold. Current performance may be lower or higher than quoted.
Returns shown for periods of less than one year are not annualized.
Index performance information: no deductions for fees, expenses or taxes. Indices are unmanaged and individuals cannot invest directly in an index.
The market price used to disclose the daily price and calculate daily premiums and discounts is the official closing price of the Fund, or if it more accurately reflects the market value of the Fund share at the time as of which the Fund’s NAV is calculated, the price that is the midpoint between the national best bid and national best offer as of that time. For the purpose of calculating Market Price Return, a market price prior to 02/01/2021 is defined as the midpoint between the highest bid and the lowest offer on the exchange on which the shares of the Fund are listed for trading, as of the time that the Fund’s NAV is calculated, while a market price on or after 02/01/2021 is defined as the official close price as of the time that the Fund's NAV is calculated. If you trade your shares at another time, your return may differ.
| Name | 1 month | 3 month | YTD | 1-year | 3-year | 5-year | 10-year | Since inception | Overall |
|---|---|---|---|---|---|---|---|---|---|
| Net asset value (NAV) return | 4.22% | 8.15% | — | — | — | — | — | 16.01% | — |
| Market price return | 4.22% | 8.15% | — | — | — | — | — | 16.01% | — |
| Benchmark performance Russell 1000® Index |
3.47% | 7.99% | — | — | — | — | — | — | — |
| Morningstar category average Large Blend |
2.94% | 6.92% | 13.10% | 14.57% | 22.31% | 14.83% | 13.68% | — | — |
Returns represent past performance and do not guarantee future results. Share price, principal value, and return will vary and you may have a gain or loss when shares are sold. Current performance may be lower or higher than quoted.
Returns shown for periods of less than one year are not annualized.
Index performance information: no deductions for fees, expenses or taxes. Indices are unmanaged and individuals cannot invest directly in an index.
The market price used to disclose the daily price and calculate daily premiums and discounts is the official closing price of the Fund, or if it more accurately reflects the market value of the Fund share at the time as of which the Fund’s NAV is calculated, the price that is the midpoint between the national best bid and national best offer as of that time. For the purpose of calculating Market Price Return, a market price prior to 02/01/2021 is defined as the midpoint between the highest bid and the lowest offer on the exchange on which the shares of the Fund are listed for trading, as of the time that the Fund’s NAV is calculated, while a market price on or after 02/01/2021 is defined as the official close price as of the time that the Fund's NAV is calculated. If you trade your shares at another time, your return may differ.
| Data | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Net asset value (NAV) return | — | — | — | — | — |
| Market price return | — | — | — | — | — |
| Morningstar category average Large Blend |
21.45% | 22.32% | -16.96% | — | — |
Returns represent past performance and do not guarantee future results. Share price, principal value, and return will vary and you may have a gain or loss when shares are sold. Current performance may be lower or higher than quoted.
Expense ratio gross
0.29%
Expense ratio net
0.29%
Expense limit expiration date
—
In situations where the net and gross fund expense figures are different, the investment manager has contractually agreed to limit the investment option's expense. Differences may also be shown due to the investment manager choosing to pay certain expenses that would normally be payable by the fund. The gross fund expense figure does not reflect any waivers or caps on the mutual fund. Performance shown reflects the application of net expenses of the fund.
Holdings
Top 10
as of
12/04/2025
% of Assets
% of Assets
1.
NVIDIA CORP COMMON STOCK USD.001
6.54%
2.
APPLE INC COMMON STOCK USD.00001
6.35%
3.
MICROSOFT CORP COMMON STOCK USD.00000625
5.66%
4.
ALPHABET INC CL A COMMON STOCK USD.001
5.37%
5.
BROADCOM INC COMMON STOCK
3.80%
6.
AMAZON.COM INC COMMON STOCK USD.01
3.73%
7.
JPMORGAN CHASE + CO COMMON STOCK USD1.0
3.11%
8.
LAM RESEARCH CORP COMMON STOCK USD.001
2.98%
9.
VISA INC CLASS A SHARES COMMON STOCK USD.0001
2.94%
10.
THERMO FISHER SCIENTIFIC INC COMMON STOCK USD1.0
2.74%
Portfolio management
Daniel R. Coleman
46 years of experience
Theodore B. Jayne, CFA
27 years of experience