ETFIQ
RankingsCompareHoldingsResearch
My portfolioWeekly note

LCAP · Principal Capital Appreciation Select ETF

Equity fundActively managed0.29% fee$1.8bnSince Mar 26, 2025SEC filings ↗
Share on XDownload as PDFCompareAdd to portfolioAlerts

LCAP is actively managed and returned +16.5% over the past year.

+16.5%
Total return, 1 year
0.29%
Expense ratio
54
Holdings
−0.8%
Below its high
WindowTotal returnS&P 500Gap to S&P 500Gap to Nasdaq-100
3M Jul 2 – Oct 2, 2026+2.7%+3.6%−0.9 pts−2.6 pts
6M Apr 2 – Oct 2, 2026+16.2%+17.9%−1.7 pts−12.2 pts
1Y Oct 2, 2025 – Oct 2, 2026+16.5%+16.2%+0.3 pts−7.8 pts
Since listing Mar 26, 2025 – Oct 2, 2026+36.1%+37.6%−1.5 pts−19.7 pts

LCAP over each window to Oct 2, 2026. Every figure is an ETFIQ calculation. Source: ETFIQ.

LCAP top ten by weight, 42.9% of its 54 equity positions, from the holdings filed for Jun 30, 2026. An index fund holds what the index holds, so this is the index. Source: the fund’s SEC filing.

NVIDIA Corp 7.34%
Apple Inc 6.20%
Alphabet Inc 5.51%
Microsoft Corp 3.96%
Amazon.com Inc 3.82%
Lam Research Corp 3.60%
Broadcom Inc 3.44%
Visa Inc 3.12%
GE Vernova Inc 3.06%
JPMorgan Chase & Co 2.88%
Fund filings on SEC EDGAR ↗
Head to head
Funds near this one
ACWIACWXAIRRAORAVDVAVEM

In plain words

LCAP is actively managed and tracks no index. Over the year to Oct 2, 2026 it returned +16.5% with distributions reinvested, against +16.2% for the S&P 500 and +24.3% for the Nasdaq-100. The prospectus expense ratio is 0.29% a year. By its holdings filed for Jun 30, 2026, 92% of the fund by weight is stocks the S&P 500 also holds, across 54 positions, with the top ten at 42.9%.
What it tracksNo index, actively managed
Fund typeEquity fund
Category (ETFIQ)Stocks · U.S. large-cap blend
Expense ratio (485BPOS XBRL, Oct 27, 2025)0.29%
Price$34.02
Listed sinceMar 26, 2025
Net assets (SEC filing, whole fund, as filed for Jun 30, 2026)$1.8bn
Below its high (ETFIQ)−0.8%
Holdings54
Top ten weight42.9%
Holdings as of (SEC N-PORT)Jun 30, 2026
Already in the S&P 500, by weight (ETFIQ)91.5%
Active share vs the S&P 500 (ETFIQ)52.2%
Already in the Nasdaq-100, by weight (ETFIQ)49.4%
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

Questions people ask about LCAP

How has LCAP performed?
Over the year to Oct 2, 2026, LCAP returned +16.5% with distributions reinvested, against +16.2% for the S&P 500. Over three years the figure is not published.
What does LCAP cost?
The prospectus expense ratio is 0.29% a year.
What does LCAP hold?
54 positions as filed for Jun 30, 2026, with the top ten at 42.9% of the fund. 92% of its weight is in stocks the S&P 500 also holds.
How far is LCAP below its high?
0.8% below its high of Aug 13, 2026, measured on the reinvested series to Oct 2, 2026.
Sources and dates
Prices, LCAP and S&P 500Tiingo end-of-day · Oct 2, 2026
Fee, 0.29%Prospectus filing with the expense ratio (SEC) ↗
Net assets, $1.8bnSEC filing, whole fund · Jun 30, 2026
HoldingsHoldings filing (SEC Form N-PORT) · Jun 30, 2026 ↗
IssuerPrincipal website ↗
All fund filingsFund filings on SEC EDGAR ↗
SourcePrincipal’s own site ↗

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

ETFIQ covers core, leveraged and inverse, buffer, thematic, option-income, alternatives and spot crypto ETFs. This fund is here because the other funds here are measured against it and portfolios hold it. ETFIQ is an independent publisher and makes no recommendations. Standards and sources

How these figures are computed →Standards and sources →Open data →
Cite this page

ETFIQ, LCAP, core fund, data as of Oct 2, 2026. https://etfiq.com/funds/lcap

Free to use with attribution; the underlying files are at Open data.

Principal: every fund ETFIQ covers→