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PIEQ vs WCMI: Differences, Returns & Fees

PIEQ and WCMI hold 1% of their weight in the same names, and PIEQ returned +13.0% over the year. Net assets: $1.3bn on Oct 8, 2026 for Principal International Equity ETF, and $2.1bn on Oct 9, 2026 for First Trust WCM International Equity ETF.

PIEQ costs 0.37 points a year less; their one-year returns differ by 0.6 points; WCMI is 1.6 times larger.

PIEQWCMI
Expense ratio0.48%0.85%
Net assets, as of Oct 8, 2026$1.3bn$2.1bn
Total return, 1 year+13.0%+12.4%
What it tracksNo index, actively managedNo index, actively managed
Holdings in common1%
Top ten holdings, share of the fund47.1%42.9%
Below its high5.2%, high on Aug 25, 20265.3%, high on Aug 14, 2026

Holdings in common uses holdings dated Jun 30, 2026 and Oct 9, 2026.

+13.0%
PIEQ total return, 1 year
+12.4%
WCMI total return, 1 year
0.48%
PIEQ expense ratio
0.85%
WCMI expense ratio

What they hold in common

By the books each fund has filed, PIEQ and WCMI hold 1% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026 and Oct 9, 2026.

half

1% in common

Positions both hold, largest shared weight first
Holding PIEQ WCMI
British American Tobacco PLC 3.96% 1.46%
Only in PIEQ
Samsung Electronics Co Ltd 8.00%
Taiwan Semiconductor Manufacturing Co Ltd 6.96%
ASML Holding NV 6.80%
Teck Resources Ltd 4.15%
AIB Group PLC 3.77%
Sompo Holdings Inc 3.54%
Erste Group Bank AG 3.43%
Spotify Technology SA 3.27%
Only in WCMI
Taiwan Semiconductor Manufacturing Company Ltd. 7.69%
Rolls-Royce Holdings Plc 6.30%
Nebius Group N.V. 5.19%
Teva Pharmaceutical Industries Ltd. 3.81%
Constellation Software Inc. 3.80%
Kioxia Holdings Corporation 3.46%
Mizuho Financial Group, Inc. 3.31%
Babcock International Group Plc 3.26%

Check overlap with more funds →

On the same fields

PIEQ
Principal International Equity ETF
WCMI
First Trust WCM International Equity ETF
Where it sits Stock ETF Stock ETF
Issuer Principal First Trust
What it is Actively managed Actively managed
Total return, 1 year +13.0% +12.4%
S&P 500 over the same days +17.3% +17.3%
Gap to the S&P 500 −4.3 pts −4.8 pts
Expense ratio 0.48% 0.85%
Already in the S&P 500 0.0% 4.7%
Holdings 35 42
Net assets, PIEQ as of Oct 8, 2026 and WCMI as of Oct 9, 2026 $1.3bn $2.1bn

PIEQ and WCMI on the fields both publish, as of Oct 9, 2026. Source: ETFIQ.

PIEQ in plain words

PIEQ is actively managed and tracks no index. Over the year to Oct 9, 2026 it returned +13.0% with distributions reinvested, against +17.3% for the S&P 500. The prospectus expense ratio is 0.48% a year. By its holdings filed for Jun 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 35 positions, with the top ten at 47.1%. It sat 5.2% below its high of Aug 25, 2026 on Oct 9, 2026.

WCMI in plain words

WCMI is actively managed and tracks no index. Over the year to Oct 9, 2026 it returned +12.4% with distributions reinvested, against +17.3% for the S&P 500. The prospectus expense ratio is 0.85% a year. By its holdings published by its issuer for Oct 9, 2026, 5% of the fund by weight is stocks the S&P 500 also holds, across 42 positions, with the top ten at 42.9%. It sat 5.3% below its high of Aug 14, 2026 on Oct 9, 2026.

Questions people ask

Which returned more over the last year, PIEQ or WCMI?
In the year to Oct 9, 2026, with distributions reinvested, PIEQ returned +13.0% and WCMI +12.4%.
Which is cheaper, PIEQ or WCMI?
PIEQ is cheaper, by 0.37 percentage points a year. That is about $37 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do PIEQ and WCMI overlap with the S&P 500?
By their latest filed holdings, 0% of PIEQ and 5% of WCMI by weight is stocks the S&P 500 already holds.
Other comparisons
PIEQ vs SCHYAVIV vs PIEQICOW vs PIEQDIVI vs PIEQAVIV vs WCMIDIVI vs WCMIAVDE vs WCMIDFIV vs WCMI
PIEQ on its own →WCMI on its own →Hold both: look the portfolio through →Rankings →Standards and sources →
Where these figures came from
PIEQ filings on SEC EDGAR ↗PIEQ prospectus with the expense ratio (SEC) ↗Principal website ↗WCMI filings on SEC EDGAR ↗WCMI prospectus with the expense ratio (SEC) ↗First Trust page for WCMI ↗

ETFIQ links to the documents behind every figure; a link is not an endorsement. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Cite this pageCitation, APA and Markdown

ETFIQ, PIEQ against WCMI, data as of Oct 9, 2026. https://etfiq.com/compare/any/pieq-vs-wcmi

Open data

Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.