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PSET vs FMCX

Principal Quality ETF vs FM Focus Equity ETF

PSET

Principal Quality ETF

Principal Funds

Annual cost

0.15%

Fund size

$33M

FMCX

FM Focus Equity ETF

First Manhattan Co.

Annual cost

0.71%

Fund size

$115M

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.
  • PSET follows a index tracking strategy; FMCX uses active selection.
  • 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

PSETFMCX
Annual cost (TER)0.15%0.71%
Fund size (AUM)$33M$115M
Since20162022
Dividend yield0.64%0.34%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingactive selection
CAGR 1Y+8.5%+18.7%
CAGR 3Y+13.7%+17.2%
CAGR 5Y+9.0%N/A
Sharpe 3Y0.650.95
Volatility 1Y12.82%12.96%
Max drawdown-34.74%-17.70%

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

Similar to PSET and FMCX