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BELT vs PY

iShares U.S. Select Equity Active ETF vs Principal Value ETF

BELT

iShares U.S. Select Equity Active ETF

BlackRock

Annual cost

0.75%

Fund size

$9M

PY

Principal Value ETF

Principal Funds

Annual cost

0.15%

Fund size

$212M

Key differences

  • PY costs 0.60% less per year.
  • PY is significantly larger than BELT — larger funds tend to be more liquid and less likely to close.
  • BELT follows a index enhanced strategy; PY uses active selection.
  • PY has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

BELTPY
Annual cost (TER)0.75%0.15%
Fund size (AUM)$9M$212M
Since20242016
Dividend yield0.00%2.15%
Asset classequityequity
Regionnorth americanorth america
Strategyindex enhancedactive selection
CAGR 1Y+28.9%+17.0%
CAGR 3YN/A+13.8%
CAGR 5YN/A+7.5%
Sharpe 3YN/A0.75
Volatility 1Y17.21%10.74%
Max drawdown-23.05%-45.44%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to BELT and PY