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Principal Exchange-Traded Funds - Principal U.S. Small-Cap ETF is an exchange traded fund launched by Principal Financial Services, Inc. It is managed by Principal Global Investors, LLC. It invests in public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. It invests in growth, value and momentum stocks of small-cap companies, within the market capitalization range of the Russell 2000 Index. The fund employs quantitative analysis to create its portfolio. The fund seeks to benchmark the performance of its portfolio against the Russell 3000 Index and the Russell 2000 Index. The fund employs proprietary and external research to create its portfolio. Principal Exchange-Traded Funds - Principal U.S. Small-Cap ETF was formed on September 21, 2016 and is domiciled in the United States.