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FMCX vs PSET

FM Focus Equity ETF vs Principal Quality ETF

FMCX

FM Focus Equity ETF

First Manhattan Co.

Annual cost

0.71%

Fund size

$115M

PSET

Principal Quality ETF

Principal Funds

Annual cost

0.15%

Fund size

$33M

Key differences

  • PSET costs 0.56% less per year.
  • FMCX is significantly larger than PSET — larger funds tend to be more liquid and less likely to close.
  • FMCX follows a active selection strategy; PSET uses index tracking.
  • Over the last 3 years, FMCX has delivered higher annualized returns.
  • PSET has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FMCXPSET
Annual cost (TER)0.71%0.15%
Fund size (AUM)$115M$33M
Since20222016
Dividend yield0.34%0.64%
Asset classequityequity
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+18.7%+8.5%
CAGR 3Y+17.2%+13.7%
CAGR 5YN/A+9.0%
Sharpe 3Y0.950.65
Volatility 1Y12.96%12.82%
Max drawdown-17.70%-34.74%

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

Similar to FMCX and PSET