Shareholder Report
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12 Months Ended |
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Jun. 30, 2026
USD ($)
Holding
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Jun. 30, 2025 |
| Shareholder Report [Line Items] |
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| Document Type |
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N-CSR
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| Amendment Flag |
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false
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| Registrant Name |
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Principal Exchange-Traded Funds
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| Entity Central Index Key |
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0001572661
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| Entity Investment Company Type |
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N-1A
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| Document Period End Date |
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Jun. 30, 2026
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| Shareholder Report Annual or Semi-Annual |
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Annual Shareholder Report
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| C000154646 |
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| Shareholder Report [Line Items] |
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| Fund Name |
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Principal Active High Yield ETF
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| Trading Symbol |
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YLD
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| Security Exchange Name |
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NYSEArca
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| Annual or Semi-Annual Statement [Text Block] |
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This annual shareholder report contains important information about Principal Active High Yield ETF (the "Fund") for the period of July 1, 2025 to June 30, 2026.
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| Additional Information [Text Block] |
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You can find additional information about the Fund at www.PrincipalAM.com/ETFprospectuses or you can request information by contacting us at 1-800-222-5852 or emailing prospectus@principalfunds.com.
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| Additional Information Phone Number |
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1-800-222-5852
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| Additional Information Email |
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<span style="box-sizing: border-box; color: rgb(0, 0, 0); display: inline; flex-wrap: nowrap; font-size: 10.6667px; font-weight: 400; grid-area: auto; line-height: 16px; margin: 0px; overflow: visible; text-align: left; text-align-last: auto; white-space-collapse: preserve-breaks;">prospectus@principalfunds.com</span>
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| Additional Information Website |
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<span style="box-sizing: border-box; color: rgb(0, 0, 0); display: inline; flex-wrap: nowrap; font-size: 10.6667px; font-weight: 400; grid-area: auto; line-height: 16px; margin: 0px; overflow: visible; text-align: left; text-align-last: auto; white-space-collapse: preserve-breaks;">www.PrincipalAM.com/ETFprospectuses</span>
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| Expenses [Text Block] |
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What were the Fund costs for the last year?(based on a hypothetical $10,000 investment) Table SummaryFund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
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Principal Active High Yield ETF | $40 | 0.39% |
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| Expenses Paid, Amount |
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$ 40
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| Expense Ratio, Percent |
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0.39%
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| Factors Affecting Performance [Text Block] |
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Management's Discussion of Fund PerformanceThe Fund seeks to provide a high level of current income. The Fund is an actively managed exchange-traded fund (“ETF”) that seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets in below-investment grade (commonly known as "junk" or “high yield”) fixed income securities, such as bonds and bank loans. It invests in U.S. treasury securities, investment grade bank loans (also known as senior floating rate interests), and preferred securities. The Fund's investments outperformed the Bloomberg U.S. Corporate High Yield 2% Issuer Capped Index ("Index") in the year ending June 30, 2026. The outperformance was driven by positive contribution from issuer selection more than offsetting negative contribution from sector allocation. By issuer, the top contributors included overweight positions in Consolidated Energy Finance SA, Viasat Inc, Park River Holdings Inc, and iHeartCommunications Inc, as well as an underweight position in CSC Holdings LLC. The top detractors included overweight positions in Vibrantz Technologies Inc, LABL Inc, Mercer International Inc, Kronos Acquisition Holdings Inc, and McAfee Corp. Sector allocation provided a modest negative contribution to overall performance as underweight allocations to the insurance and technology sectors were more than offset by underweight allocations to the communications and energy sectors. By quality, the outperformance was driven by positive security selection within BB rated and B rated securities, as well as an underweight allocation to CC rated securities.
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| Performance Past Does Not Indicate Future [Text] |
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Past performance is not a good predictor of the Fund's future performance.
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| Line Graph [Table Text Block] |
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 Table Summary | Principal Active High Yield ETF $17,425 | Bloomberg US Aggregate Index $11,656 | Bloomberg US Corporate High Yield 2% Issuer Capped Index $17,582
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06/16 | $10,000 | $10,000 | $10,000 |
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09/16 | $10,489 | $10,046 | $10,555 |
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12/16 | $10,589 | $9,747 | $10,740 |
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03/17 | $10,869 | $9,827 | $11,030 |
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06/17 | $11,158 | $9,969 | $11,269 |
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09/17 | $11,352 | $10,053 | $11,492 |
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12/17 | $11,475 | $10,092 | $11,546 |
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03/18 | $11,169 | $9,945 | $11,447 |
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06/18 | $11,382 | $9,929 | $11,564 |
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09/18 | $11,681 | $9,931 | $11,842 |
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12/18 | $11,081 | $10,093 | $11,305 |
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03/19 | $11,788 | $10,390 | $12,126 |
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06/19 | $12,020 | $10,710 | $12,429 |
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09/19 | $12,211 | $10,953 | $12,595 |
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12/19 | $12,647 | $10,973 | $12,924 |
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03/20 | $10,086 | $11,319 | $11,285 |
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06/20 | $11,400 | $11,646 | $12,428 |
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09/20 | $12,048 | $11,718 | $12,998 |
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12/20 | $12,846 | $11,797 | $13,835 |
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03/21 | $13,288 | $11,399 | $13,953 |
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06/21 | $13,734 | $11,607 | $14,335 |
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09/21 | $13,888 | $11,614 | $14,463 |
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12/21 | $14,063 | $11,615 | $14,563 |
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03/22 | $13,580 | $10,926 | $13,861 |
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06/22 | $12,263 | $10,413 | $12,497 |
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09/22 | $12,170 | $9,918 | $12,417 |
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12/22 | $12,827 | $10,104 | $12,934 |
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03/23 | $13,305 | $10,403 | $13,396 |
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06/23 | $13,537 | $10,315 | $13,630 |
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09/23 | $13,542 | $9,982 | $13,693 |
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12/23 | $14,481 | $10,662 | $14,673 |
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03/24 | $14,882 | $10,580 | $14,889 |
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06/24 | $15,056 | $10,587 | $15,052 |
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09/24 | $15,706 | $11,137 | $15,848 |
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12/24 | $15,811 | $10,796 | $15,875 |
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03/25 | $15,897 | $11,096 | $16,035 |
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06/25 | $16,460 | $11,230 | $16,600 |
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09/25 | $16,803 | $11,458 | $17,021 |
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12/25 | $16,843 | $11,584 | $17,244 |
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03/26 | $17,009 | $11,578 | $17,159 |
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06/26 | $17,425 | $11,656 | $17,582 |
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| Average Annual Return [Table Text Block] |
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Table SummaryName | 1-Year | 5-Years | 10-Years |
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Principal Active High Yield ETF | 6.06% | 4.85% | 5.71% |
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Bloomberg US Aggregate Index | 3.79% | 0.08% | 1.54% |
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Bloomberg US Corporate High Yield 2% Issuer Capped Index | 5.91% | 4.17% | 5.80% |
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| Performance Table Market Index Changed [Text Block] |
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The Bloomberg US Aggregate Index is the Fund's primary broad-based securities market index. The Bloomberg US Corporate High Yield 2% Issuer Capped Index is included as an additional index for the Fund as it shows how the Fund’s performance compares with the returns of an index of funds with similar investment objectives.
|
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| AssetsNet |
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$ 572,846,721
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| Holdings Count | Holding |
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150
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| Advisory Fees Paid, Amount |
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$ 1,760,842
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| InvestmentCompanyPortfolioTurnover |
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42.70%
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| Additional Fund Statistics [Text Block] |
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- Net Assets$572,846,721
- Total Number of Portfolio Holdings150
- Portfolio Turnover Rate42.7%
- Total Advisory Fees Paid$1,760,842
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| Holdings [Text Block] |
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Table SummaryAsset Weighting | Percent of Net Assets |
|---|
Bonds | 91.50% |
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Investment Companies | 7.09% |
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Senior Floating Rate Interests | 4.36% |
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U.S. Government & Government Agency Obligations | 0.30% |
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Common Stocks | 0.02% |
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Preferred Stocks | 0.01% |
|---|
Other Assets and Liabilities | (3.28)% |
|---|
Total Net Assets | 100.00% |
|---|
Table SummarySector | Percent of Net Assets |
|---|
Financial | 18.09% |
|---|
Consumer, Non-cyclical | 15.87% |
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Communications | 15.83% |
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Consumer, Cyclical | 12.76% |
|---|
Energy | 10.46% |
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Industrial | 10.00% |
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Money Market Funds | 7.09% |
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Basic Materials | 5.70% |
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Utilities | 4.59% |
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Technology | 2.59% |
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Government | 0.30% |
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Other Assets and Liabilities | (3.28)% |
|---|
Total Net Assets | 100.00% |
|---|
|
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| Material Fund Change [Text Block] |
|
There were no material changes to the Fund for the period July 1, 2025 to June 30, 2026. For more complete information, you may review the Fund's most recent prospectus, which we expect to be effective by November 1 or upon request at www.PrincipalAM.com/ETFprospectuses.
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|
| Updated Prospectus Web Address |
|
<span style="box-sizing: border-box; color: rgb(0, 0, 0); display: inline; flex-wrap: nowrap; font-size: 10.6667px; font-weight: 400; grid-area: auto; line-height: 16px; margin: 0px; overflow: visible; text-align: justify; text-align-last: left; white-space-collapse: preserve-breaks;">www.PrincipalAM.com/ETFprospectuses</span>
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| Accountant Change Statement [Text Block] |
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During the two most recent fiscal years or any subsequent interim period, there have been no changes in or disagreements with Accountants.
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| C000259043 |
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| Shareholder Report [Line Items] |
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| Fund Name |
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Principal Capital Appreciation Select ETF
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| Trading Symbol |
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LCAP
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| Security Exchange Name |
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CboeBZX
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| Annual or Semi-Annual Statement [Text Block] |
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This annual shareholder report contains important information about Principal Capital Appreciation Select ETF (the "Fund") for the period of July 1, 2025 to June 30, 2026.
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| Additional Information [Text Block] |
|
You can find additional information about the Fund at www.PrincipalAM.com/ETFprospectuses or you can request information by contacting us at 1-800-222-5852 or emailing prospectus@principalfunds.com.
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| Additional Information Phone Number |
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1-800-222-5852
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| Additional Information Email |
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<span style="box-sizing: border-box; color: rgb(0, 0, 0); display: inline; flex-wrap: nowrap; font-size: 10.6667px; font-weight: 400; grid-area: auto; line-height: 16px; margin: 0px; overflow: visible; text-align: left; text-align-last: auto; white-space-collapse: preserve-breaks;">prospectus@principalfunds.com</span>
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| Additional Information Website |
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<span style="box-sizing: border-box; color: rgb(0, 0, 0); display: inline; flex-wrap: nowrap; font-size: 10.6667px; font-weight: 400; grid-area: auto; line-height: 16px; margin: 0px; overflow: visible; text-align: left; text-align-last: auto; white-space-collapse: preserve-breaks;">www.PrincipalAM.com/ETFprospectuses</span>
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| Expenses [Text Block] |
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What were the Fund costs for the last year?(based on a hypothetical $10,000 investment) Table SummaryFund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
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Principal Capital Appreciation Select ETF | $32 | 0.29% |
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| Expenses Paid, Amount |
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$ 32
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| Expense Ratio, Percent |
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0.29%
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| Factors Affecting Performance [Text Block] |
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Management's Discussion of Fund PerformanceThe Fund seeks to provide long-term growth of capital. The Fund invests primarily in equity securities of U.S. companies with any market capitalization, but it has a greater exposure to large market capitalization companies than small or medium market capitalization companies. Although there is no restriction on the size of the companies in which the Fund invests, most of the Fund's investments typically include companies with a market capitalization range over $10 billion. Lam Research Corporation (LRCX) contributed to relative performance as the company beat expectations multiple times in the year which was driven by a continued recovery in NAND memory and sustained demand out of China. The company also raised guidance for their wafer fabrication equipment (WFE) outlook to $140 which helped boost the stock. Western Digital Corporation (WDC) benefited from continued margin expansion as customers increasingly adopted high-density drives and new HAMR data storage technologies. GE Vernova Inc. (GEV) aided results as its backlog continued to grow and diversify, reaching 100 gigawatts of contracted gas power capacity across 90 customers in 24 countries. An underweight to Micron Technology, Inc. (MU) detracted from relative performance. Republic Services, Inc. (RSG) is the second largest regulated waste company in North America by market capitalization and revenue. The Fund values RSG’s minimal exposure to recycling and focus on scaling its environmental and hazardous waste assets. RSG detracted from relative results despite growing free cash flow as the company anticipates a 1% revenue decline in 2026 from organic volume decreases. Not owning Intel Corporation (INTC) detracted from relative results as shares rallied over the past year.
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| Performance Past Does Not Indicate Future [Text] |
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Past performance is not a good predictor of the Fund's future performance.
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| Line Graph [Table Text Block] |
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Table Summary | Principal Capital Appreciation Select ETF $13,286 | Russell 1000 Index $13,149 |
|---|
03/25 | $10,000 | $10,000 |
|---|
03/25 | $9,859 | $9,698 |
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06/25 | $10,726 | $10,775 |
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09/25 | $11,601 | $11,637 |
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12/25 | $11,833 | $11,918 |
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03/26 | $11,613 | $11,419 |
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06/26 | $13,286 | $13,149 |
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| Average Annual Return [Table Text Block] |
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Table SummaryName | 1-Year | Since Inception
March 25, 2025 |
|---|
Principal Capital Appreciation Select ETF | 23.86% | 25.16% |
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Russell 1000 Index | 22.02% | 24.14% |
|---|
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| Performance Inception Date |
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Mar. 25, 2025
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| AssetsNet |
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$ 1,825,391,998
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| Holdings Count | Holding |
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55
|
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| Advisory Fees Paid, Amount |
|
$ 449,956
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|
| InvestmentCompanyPortfolioTurnover |
|
43.40%
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| Additional Fund Statistics [Text Block] |
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- Net Assets$1,825,391,998
- Total Number of Portfolio Holdings55
- Portfolio Turnover Rate43.4%
- Total Advisory Fees Paid$449,956
|
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| Holdings [Text Block] |
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Table SummaryAsset Weighting | Percent of Net Assets |
|---|
Common Stocks | 98.35% |
|---|
Investment Companies | 2.23% |
|---|
Other Assets and Liabilities | (0.58)% |
|---|
Total Net Assets | 100.00% |
|---|
Table SummarySector | Percent of Net Assets |
|---|
Technology | 34.11% |
|---|
Communications | 14.89% |
|---|
Financial | 14.56% |
|---|
Consumer, Non-cyclical | 11.98% |
|---|
Industrial | 9.18% |
|---|
Consumer, Cyclical | 7.64% |
|---|
Energy | 2.98% |
|---|
Money Market Funds | 2.23% |
|---|
Utilities | 1.92% |
|---|
Basic Materials | 1.09% |
|---|
Other Assets and Liabilities | (0.58)% |
|---|
Total Net Assets | 100.00% |
|---|
|
|
| Material Fund Change [Text Block] |
|
There were no material changes to the Fund for the period July 1, 2025 to June 30, 2026. For more complete information, you may review the Fund's most recent prospectus, which we expect to be effective by November 1 or upon request at www.PrincipalAM.com/ETFprospectuses.
|
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| Updated Prospectus Web Address |
|
<span style="box-sizing: border-box; color: rgb(0, 0, 0); display: inline; flex-wrap: nowrap; font-size: 10.6667px; font-weight: 400; grid-area: auto; line-height: 16px; margin: 0px; overflow: visible; text-align: justify; text-align-last: left; white-space-collapse: preserve-breaks;">www.PrincipalAM.com/ETFprospectuses</span>
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| Accountant Change Statement [Text Block] |
|
During the two most recent fiscal years or any subsequent interim period, there have been no changes in or disagreements with Accountants.
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|
| C000273533 |
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| Shareholder Report [Line Items] |
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| Fund Name |
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Principal CLO ETF
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| Trading Symbol |
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UUPP
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| Security Exchange Name |
|
CboeBZX
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| Annual or Semi-Annual Statement [Text Block] |
|
This annual shareholder report contains important information about Principal CLO ETF (the "Fund") for the period of May 20, 2026 to June 30, 2026.
|
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| Additional Information [Text Block] |
|
You can find additional information about the Fund at www.PrincipalAM.com/ETFprospectuses or you can request information by contacting us at 1-800-222-5852 or emailing prospectus@principalfunds.com.
|
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| Additional Information Phone Number |
|
1-800-222-5852
|
|
| Additional Information Email |
|
<span style="box-sizing: border-box; color: rgb(0, 0, 0); display: inline; flex-wrap: nowrap; font-size: 10.6667px; font-weight: 400; grid-area: auto; line-height: 16px; margin: 0px; overflow: visible; text-align: left; text-align-last: auto; white-space-collapse: preserve-breaks;">prospectus@principalfunds.com</span>
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|
| Additional Information Website |
|
<span style="box-sizing: border-box; color: rgb(0, 0, 0); display: inline; flex-wrap: nowrap; font-size: 10.6667px; font-weight: 400; grid-area: auto; line-height: 16px; margin: 0px; overflow: visible; text-align: left; text-align-last: auto; white-space-collapse: preserve-breaks;">www.PrincipalAM.com/ETFprospectuses</span>
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| Expenses [Text Block] |
|
What were the Fund costs for the last year?(based on a hypothetical $10,000 investment) Table SummaryFund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
|---|
Principal CLO ETF | $2Footnote Reference* | 0.19%Footnote Reference† |
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| Footnote | Description | Footnote* | Expenses are for the period from May 20, 2026, date operations commenced, through June 30, 2026. Expenses for the full reporting period would be higher. | Footnote† | Computed on an annualized basis. |
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| Expenses Paid, Amount |
[1] |
$ 2
|
|
| Expense Ratio, Percent |
[2] |
0.19%
|
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| Expenses Short Period Footnote [Text Block] |
|
Expenses are for the period from May 20, 2026, date operations commenced, through June 30, 2026. Expenses for the full reporting period would be higher.
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| AssetsNet |
|
$ 15,108,924
|
|
| Holdings Count | Holding |
|
29
|
|
| Advisory Fees Paid, Amount |
|
$ 2,857
|
|
| InvestmentCompanyPortfolioTurnover |
|
0.00%
|
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| Additional Fund Statistics [Text Block] |
|
- Net Assets$15,108,924
- Total Number of Portfolio Holdings29
- Portfolio Turnover Rate0.0%
- Total Advisory Fees Paid$2,857
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| Holdings [Text Block] |
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Graphical Representation of HoldingsTable SummaryAsset Weighting | Percent of Net Assets |
|---|
Bonds | 94.21% |
|---|
U.S. Government & Government Agency Obligations | 4.29% |
|---|
Investment Companies | 0.55% |
|---|
Other Assets and Liabilities | 0.95% |
|---|
Total Net Assets | 100.00% |
|---|
Table SummarySector | Percent of Net Assets |
|---|
Asset Backed Securities | 94.21% |
|---|
Government | 4.29% |
|---|
Money Market Funds | 0.55% |
|---|
Other Assets and Liabilities | 0.95% |
|---|
Total Net Assets | 100.00% |
|---|
|
|
| Material Fund Change [Text Block] |
|
There were no material changes to the Fund for the period May 20, 2026 to June 30, 2026. For more complete information, you may review the Fund's most recent prospectus, which we expect to be effective by November 1 or upon request at www.PrincipalAM.com/ETFprospectuses.
|
|
| Updated Prospectus Web Address |
|
<span style="box-sizing: border-box; color: rgb(0, 0, 0); display: inline; flex-wrap: nowrap; font-size: 10.6667px; font-weight: 400; grid-area: auto; line-height: 16px; margin: 0px; overflow: visible; text-align: justify; text-align-last: left; white-space-collapse: preserve-breaks;">www.PrincipalAM.com/ETFprospectuses</span>
|
|
| Accountant Change Statement [Text Block] |
|
During the two most recent fiscal years or any subsequent interim period, there have been no changes in or disagreements with Accountants.
|
|
| C000243208 |
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| Shareholder Report [Line Items] |
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| Fund Name |
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Principal Focused Blue Chip ETF
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| Trading Symbol |
|
BCHP
|
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| Security Exchange Name |
|
CboeBZX
|
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| Annual or Semi-Annual Statement [Text Block] |
|
This annual shareholder report contains important information about Principal Focused Blue Chip ETF (the "Fund") for the period of July 1, 2025 to June 30, 2026.
|
|
| Additional Information [Text Block] |
|
You can find additional information about the Fund at www.PrincipalAM.com/ETFprospectuses or you can request information by contacting us at 1-800-222-5852 or emailing prospectus@principalfunds.com.
|
|
| Additional Information Phone Number |
|
1-800-222-5852
|
|
| Additional Information Email |
|
<span style="box-sizing: border-box; color: rgb(0, 0, 0); display: inline; flex-wrap: nowrap; font-size: 10.6667px; font-weight: 400; grid-area: auto; line-height: 16px; margin: 0px; overflow: visible; text-align: left; text-align-last: auto; white-space-collapse: preserve-breaks;">prospectus@principalfunds.com</span>
|
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| Additional Information Website |
|
<span style="box-sizing: border-box; color: rgb(0, 0, 0); display: inline; flex-wrap: nowrap; font-size: 10.6667px; font-weight: 400; grid-area: auto; line-height: 16px; margin: 0px; overflow: visible; text-align: left; text-align-last: auto; white-space-collapse: preserve-breaks;">www.PrincipalAM.com/ETFprospectuses</span>
|
|
| Expenses [Text Block] |
|
What were the Fund costs for the last year?(based on a hypothetical $10,000 investment) Table SummaryFund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
|---|
Principal Focused Blue Chip ETF | $58 | 0.58% |
|---|
|
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| Expenses Paid, Amount |
|
$ 58
|
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| Expense Ratio, Percent |
|
0.58%
|
|
| Factors Affecting Performance [Text Block] |
|
Management's Discussion of Fund PerformanceThe Fund seeks long-term growth of capital. Under normal circumstances, the Fund invests at least 80% of its net assets in equity securities of companies with large market capitalizations that, in the opinion of Principal Global Investors, LLC (“PGI”), the Fund’s investment advisor, display characteristics of a “blue chip” company. Over the year, lack of exposure to consumer staples, utilities, and materials contributed to relative performance versus the Russell 1000 Growth Index (“Index"). Amphenol was a top contributor, serving as a critical supplier to the electronics ecosystem by providing cables, sensors, and antennas used in applications ranging from mobile devices to AI data centers. Global hotel company Hilton also contributed to performance, supported by continued execution and the addition of hundreds of properties to its portfolio over the past year. Company selection in information technology and financials detracted from performance. In technology, Microsoft was the largest detractor as the company navigated a period of elevated capital expenditures tied to the rollout of AI Copilot across its platform. A lower allocation to technology hardware businesses also detracted from performance relative to the Index, particularly given continued investor enthusiasm for AI-related infrastructure. Netflix detracted following two unsuccessful acquisition bids and the announcement that its founder is stepping down from the Board. Commercial real estate data and analytics company CoStar also detracted from performance, as it continued to navigate a period of elevated investment in its homes.com business.
|
|
| Performance Past Does Not Indicate Future [Text] |
|
Past performance is not a good predictor of the Fund's future performance.
|
|
| Line Graph [Table Text Block] |
|
Table Summary | Principal Focused Blue Chip ETF $14,630 | Russell 1000 Index $17,354 | Russell 1000 Growth Index $18,331
|
|---|
07/23 | $10,000 | $10,000 | $10,000 |
|---|
09/23 | $9,800 | $9,614 | $9,642 |
|---|
12/23 | $11,418 | $10,764 | $11,007 |
|---|
03/24 | $12,520 | $11,872 | $12,264 |
|---|
06/24 | $12,885 | $12,296 | $13,286 |
|---|
09/24 | $13,246 | $13,044 | $13,710 |
|---|
12/24 | $13,780 | $13,402 | $14,679 |
|---|
03/25 | $13,048 | $12,800 | $13,216 |
|---|
06/25 | $14,817 | $14,222 | $15,574 |
|---|
09/25 | $15,234 | $15,359 | $17,210 |
|---|
12/25 | $15,181 | $15,729 | $17,404 |
|---|
03/26 | $13,266 | $15,072 | $15,702 |
|---|
06/26 | $14,630 | $17,354 | $18,331 |
|---|
|
|
| Average Annual Return [Table Text Block] |
|
Table SummaryName | 1-Year | Since Inception
July 12, 2023 |
|---|
Principal Focused Blue Chip ETF | -1.28% | 13.66% |
|---|
Russell 1000 Index | 22.02% | 20.40% |
|---|
Russell 1000 Growth Index | 17.71% | 22.64% |
|---|
|
|
| Performance Inception Date |
|
Jul. 12, 2023
|
|
| Performance Table Market Index Changed [Text Block] |
|
The Russell 1000 Index is the Fund's primary broad-based securities market index. The Russell 1000 Growth Index is included as an additional index for the Fund as it shows how the Fund’s performance compares with the returns of an index of funds with similar investment objectives.
|
|
| AssetsNet |
|
$ 218,233,379
|
|
| Holdings Count | Holding |
|
23
|
|
| Advisory Fees Paid, Amount |
|
$ 1,073,391
|
|
| InvestmentCompanyPortfolioTurnover |
|
54.20%
|
|
| Additional Fund Statistics [Text Block] |
|
- Net Assets$218,233,379
- Total Number of Portfolio Holdings23
- Portfolio Turnover Rate54.2%
- Total Advisory Fees Paid$1,073,391
|
|
| Holdings [Text Block] |
|
Table SummaryAsset Weighting | Percent of Net Assets |
|---|
Common Stocks | 99.98% |
|---|
Investment Companies | 0.01% |
|---|
Other Assets and Liabilities | 0.01% |
|---|
Total Net Assets | 100.00% |
|---|
Table SummarySector | Percent of Net Assets |
|---|
Communications | 30.93% |
|---|
Technology | 28.45% |
|---|
Financial | 21.71% |
|---|
Industrial | 11.94% |
|---|
Consumer, Non-cyclical | 5.28% |
|---|
Consumer, Cyclical | 1.67% |
|---|
Money Market Funds | 0.01% |
|---|
Other Assets and Liabilities | 0.01% |
|---|
Total Net Assets | 100.00% |
|---|
|
|
| Material Fund Change [Text Block] |
|
There were no material changes to the Fund for the period July 1, 2025 to June 30, 2026. For more complete information, you may review the Fund's most recent prospectus, which we expect to be effective by November 1 or upon request at www.PrincipalAM.com/ETFprospectuses.
|
|
| Updated Prospectus Web Address |
|
<span style="box-sizing: border-box; color: rgb(0, 0, 0); display: inline; flex-wrap: nowrap; font-size: 10.6667px; font-weight: 400; grid-area: auto; line-height: 16px; margin: 0px; overflow: visible; text-align: justify; text-align-last: left; white-space-collapse: preserve-breaks;">www.PrincipalAM.com/ETFprospectuses</span>
|
|
| Accountant Change Statement [Text Block] |
|
During the two most recent fiscal years or any subsequent interim period, there have been no changes in or disagreements with Accountants.
|
|
| C000273534 |
|
|
|
| Shareholder Report [Line Items] |
|
|
|
| Fund Name |
|
Principal Inflation Protection ETF
|
|
| Trading Symbol |
|
RIZE
|
|
| Security Exchange Name |
|
CboeBZX
|
|
| Annual or Semi-Annual Statement [Text Block] |
|
This annual shareholder report contains important information about Principal Inflation Protection ETF (the "Fund") for the period of May 20, 2026 to June 30, 2026.
|
|
| Additional Information [Text Block] |
|
You can find additional information about the Fund at www.PrincipalAM.com/ETFprospectuses or you can request information by contacting us at 1-800-222-5852 or emailing prospectus@principalfunds.com.
|
|
| Additional Information Phone Number |
|
1-800-222-5852
|
|
| Additional Information Email |
|
<span style="box-sizing: border-box; color: rgb(0, 0, 0); display: inline; flex-wrap: nowrap; font-size: 10.6667px; font-weight: 400; grid-area: auto; line-height: 16px; margin: 0px; overflow: visible; text-align: left; text-align-last: auto; white-space-collapse: preserve-breaks;">prospectus@principalfunds.com</span>
|
|
| Additional Information Website |
|
<span style="box-sizing: border-box; color: rgb(0, 0, 0); display: inline; flex-wrap: nowrap; font-size: 10.6667px; font-weight: 400; grid-area: auto; line-height: 16px; margin: 0px; overflow: visible; text-align: left; text-align-last: auto; white-space-collapse: preserve-breaks;">www.PrincipalAM.com/ETFprospectuses</span>
|
|
| Expenses [Text Block] |
|
What were the Fund costs for the last year?(based on a hypothetical $10,000 investment) Table SummaryFund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
|---|
Principal Inflation Protection ETF | $2Footnote Reference* | 0.19%Footnote Reference† |
|---|
| Footnote | Description | Footnote* | Expenses are for the period from May 20, 2026, date operations commenced, through June 30, 2026. Expenses for the full reporting period would be higher. | Footnote† | Computed on an annualized basis. |
|
|
| Expenses Paid, Amount |
[3] |
$ 2
|
|
| Expense Ratio, Percent |
[4] |
0.19%
|
|
| Expenses Short Period Footnote [Text Block] |
|
Expenses are for the period from May 20, 2026, date operations commenced, through June 30, 2026. Expenses for the full reporting period would be higher.
|
|
| AssetsNet |
|
$ 11,235,922
|
|
| Holdings Count | Holding |
|
26
|
|
| Advisory Fees Paid, Amount |
|
$ 2,036
|
|
| InvestmentCompanyPortfolioTurnover |
|
0.00%
|
|
| Additional Fund Statistics [Text Block] |
|
- Net Assets$11,235,922
- Total Number of Portfolio Holdings26
- Portfolio Turnover Rate0.0%
- Total Advisory Fees Paid$2,036
|
|
| Holdings [Text Block] |
|
Graphical Representation of HoldingsTable SummaryAsset Weighting | Percent of Net Assets |
|---|
U.S. Government & Government Agency Obligations | 99.33% |
|---|
Investment Companies | 0.42% |
|---|
Other Assets and Liabilities | 0.25% |
|---|
Total Net Assets | 100.00% |
|---|
Table SummarySector | Percent of Net Assets |
|---|
Government | 99.33% |
|---|
Money Market Funds | 0.42% |
|---|
Other Assets and Liabilities | 0.25% |
|---|
Total Net Assets | 100.00% |
|---|
|
|
| Material Fund Change [Text Block] |
|
There were no material changes to the Fund for the period May 20, 2026 to June 30, 2026. For more complete information, you may review the Fund's most recent prospectus, which we expect to be effective by November 1 or upon request at www.PrincipalAM.com/ETFprospectuses.
|
|
| Updated Prospectus Web Address |
|
<span style="box-sizing: border-box; color: rgb(0, 0, 0); display: inline; flex-wrap: nowrap; font-size: 10.6667px; font-weight: 400; grid-area: auto; line-height: 16px; margin: 0px; overflow: visible; text-align: justify; text-align-last: left; white-space-collapse: preserve-breaks;">www.PrincipalAM.com/ETFprospectuses</span>
|
|
| Accountant Change Statement [Text Block] |
|
During the two most recent fiscal years or any subsequent interim period, there have been no changes in or disagreements with Accountants.
|
|
| C000254970 |
|
|
|
| Shareholder Report [Line Items] |
|
|
|
| Fund Name |
|
Principal International Equity ETF
|
|
| Trading Symbol |
|
PIEQ
|
|
| Security Exchange Name |
|
CboeBZX
|
|
| Annual or Semi-Annual Statement [Text Block] |
|
This annual shareholder report contains important information about Principal International Equity ETF (the "Fund") for the period of July 1, 2025 to June 30, 2026.
|
|
| Additional Information [Text Block] |
|
You can find additional information about the Fund at www.PrincipalAM.com/ETFprospectuses or you can request information by contacting us at 1-800-222-5852 or emailing prospectus@principalfunds.com.
|
|
| Additional Information Phone Number |
|
1-800-222-5852
|
|
| Additional Information Email |
|
<span style="box-sizing: border-box; color: rgb(0, 0, 0); display: inline; flex-wrap: nowrap; font-size: 10.6667px; font-weight: 400; grid-area: auto; line-height: 16px; margin: 0px; overflow: visible; text-align: left; text-align-last: auto; white-space-collapse: preserve-breaks;">prospectus@principalfunds.com</span>
|
|
| Additional Information Website |
|
<span style="box-sizing: border-box; color: rgb(0, 0, 0); display: inline; flex-wrap: nowrap; font-size: 10.6667px; font-weight: 400; grid-area: auto; line-height: 16px; margin: 0px; overflow: visible; text-align: left; text-align-last: auto; white-space-collapse: preserve-breaks;">www.PrincipalAM.com/ETFprospectuses</span>
|
|
| Expenses [Text Block] |
|
What were the Fund costs for the last year?(based on a hypothetical $10,000 investment) Table SummaryFund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
|---|
Principal International Equity ETF | $54 | 0.48% |
|---|
|
|
| Expenses Paid, Amount |
|
$ 54
|
|
| Expense Ratio, Percent |
|
0.48%
|
|
| Factors Affecting Performance [Text Block] |
|
Management's Discussion of Fund PerformanceThe Fund seeks long-term growth of capital. Under normal circumstances, the Fund invests at least 80% of its net assets in equity securities. The Fund invests primarily in foreign equity securities, including emerging market securities. It invests in equity securities of small, medium, and large market capitalization companies. For the year ending June 30, 2026, the Fund's investments underperformed the benchmark, the MSCI ACWI ex USA Index (“Index”). Stock selection contributed positively in South Korea and the Netherlands, as well as within the information technology sector. These gains were more than offset by weaker results in the United Kingdom and Japan and by unfavorable stock selection within the communication services sector. Overweight positions in information technology companies Samsung Electronics and ASML Holding, European financial institutions Erste Group Bank and AIB Group, and Canadian energy producer Suncor Energy were among the most significant contributors to performance during the year. Conversely, performance was negatively impacted by overweight positions in Japanese video game company Nintendo, South Korean semiconductor manufacturer SK Hynix, and UK-based gaming and betting operator Entain plc. Portfolio construction remains primarily driven by bottom-up stock selection, with a focus on identifying company-specific opportunities that we believe can generate attractive long-term risk-adjusted returns.
|
|
| Performance Past Does Not Indicate Future [Text] |
|
Past performance is not a good predictor of the Fund's future performance.
|
|
| Line Graph [Table Text Block] |
|
Table Summary | Principal International Equity ETF $14,543 | MSCI ACWI Ex USA Index $14,460 |
|---|
11/24 | $10,000 | $10,000 |
|---|
12/24 | $9,686 | $9,608 |
|---|
03/25 | $10,535 | $10,111 |
|---|
06/25 | $11,692 | $11,327 |
|---|
09/25 | $12,673 | $12,108 |
|---|
12/25 | $13,351 | $12,720 |
|---|
03/26 | $13,768 | $12,630 |
|---|
06/26 | $14,543 | $14,460 |
|---|
|
|
| Average Annual Return [Table Text Block] |
|
Table SummaryName | 1-Year | Since Inception
November 5, 2024 |
|---|
Principal International Equity ETF | 24.36% | 25.10% |
|---|
MSCI ACWI Ex USA Index | 27.66% | 25.06% |
|---|
|
|
| Performance Inception Date |
|
Nov. 05, 2024
|
|
| AssetsNet |
|
$ 1,329,397,871
|
|
| Holdings Count | Holding |
|
36
|
|
| Advisory Fees Paid, Amount |
|
$ 5,485,721
|
|
| InvestmentCompanyPortfolioTurnover |
|
68.80%
|
|
| Additional Fund Statistics [Text Block] |
|
- Net Assets$1,329,397,871
- Total Number of Portfolio Holdings36
- Portfolio Turnover Rate68.8%
- Total Advisory Fees Paid$5,485,721
|
|
| Holdings [Text Block] |
|
Table SummaryAsset Weighting | Percent of Net Assets |
|---|
Common Stocks | 97.88% |
|---|
Investment Companies | 2.47% |
|---|
Other Assets and Liabilities | (0.35)% |
|---|
Total Net Assets | 100.00% |
|---|
Table SummaryTop Locations | Percent of Net Assets |
|---|
United Kingdom | 13.34% |
|---|
Japan | 9.27% |
|---|
Netherlands | 8.77% |
|---|
South Korea - Republic of Korea | 8.00% |
|---|
Canada | 7.32% |
|---|
Taiwan | 6.96% |
|---|
Ireland | 5.83% |
|---|
France | 5.74% |
|---|
Germany | 5.71% |
|---|
Cayman Islands | 4.84% |
|---|
Hong Kong | 4.30% |
|---|
Luxembourg | 4.10% |
|---|
Austria | 3.42% |
|---|
Greece | 2.47% |
|---|
Italy | 2.23% |
|---|
United States | 2.14% |
|---|
Isle of Man | 1.74% |
|---|
Brazil | 1.70% |
|---|
Other LocationsFootnote Reference* | 2.47% |
|---|
Other Assets and Liabilities | (0.35%) |
|---|
Total Net Assets | 100.00% |
|---|
| Footnote | Description | Footnote* | Includes locations other than the top twenty and/or Investment Companies. |
|
|
| Material Fund Change [Text Block] |
|
There were no material changes to the Fund for the period July 1, 2025 to June 30, 2026. For more complete information, you may review the Fund's most recent prospectus, which we expect to be effective by November 1 or upon request at www.PrincipalAM.com/ETFprospectuses.
|
|
| Updated Prospectus Web Address |
|
<span style="box-sizing: border-box; color: rgb(0, 0, 0); display: inline; flex-wrap: nowrap; font-size: 10.6667px; font-weight: 400; grid-area: auto; line-height: 16px; margin: 0px; overflow: visible; text-align: justify; text-align-last: left; white-space-collapse: preserve-breaks;">www.PrincipalAM.com/ETFprospectuses</span>
|
|
| Accountant Change Statement [Text Block] |
|
During the two most recent fiscal years or any subsequent interim period, there have been no changes in or disagreements with Accountants.
|
|
| C000199630 |
|
|
|
| Shareholder Report [Line Items] |
|
|
|
| Fund Name |
|
Principal Investment Grade Corporate ETF
|
|
| Trading Symbol |
|
IG
|
|
| Security Exchange Name |
|
CboeBZX
|
|
| Annual or Semi-Annual Statement [Text Block] |
|
This annual shareholder report contains important information about Principal Investment Grade Corporate ETF (the "Fund") for the period of July 1, 2025 to June 30, 2026.
|
|
| Additional Information [Text Block] |
|
You can find additional information about the Fund at www.PrincipalAM.com/ETFprospectuses or you can request information by contacting us at 1-800-222-5852 or emailing prospectus@principalfunds.com.
|
|
| Material Fund Change Notice [Text Block] |
|
This report describes changes to the Fund that occurred during the reporting period.
|
|
| Additional Information Phone Number |
|
1-800-222-5852
|
|
| Additional Information Email |
|
<span style="box-sizing: border-box; color: rgb(0, 0, 0); display: inline; flex-wrap: nowrap; font-size: 10.6667px; font-weight: 400; grid-area: auto; line-height: 16px; margin: 0px; overflow: visible; text-align: left; text-align-last: auto; white-space-collapse: preserve-breaks;">prospectus@principalfunds.com</span>
|
|
| Additional Information Website |
|
<span style="box-sizing: border-box; color: rgb(0, 0, 0); display: inline; flex-wrap: nowrap; font-size: 10.6667px; font-weight: 400; grid-area: auto; line-height: 16px; margin: 0px; overflow: visible; text-align: left; text-align-last: auto; white-space-collapse: preserve-breaks;">www.PrincipalAM.com/ETFprospectuses</span>
|
|
| Expenses [Text Block] |
|
What were the Fund costs for the last year?(based on a hypothetical $10,000 investment) Table SummaryFund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
|---|
Principal Investment Grade Corporate ETF | $19 | 0.19% |
|---|
|
|
| Expenses Paid, Amount |
|
$ 19
|
|
| Expense Ratio, Percent |
|
0.19%
|
|
| Factors Affecting Performance [Text Block] |
|
Management's Discussion of Fund PerformanceThe Fund seeks to provide current income and, as a secondary objective, capital appreciation. The Fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets in investment-grade corporate bonds and other fixed income securities. "Investment grade" securities are rated BBB- or higher by S&P Global Ratings ("S&P Global") or Baa3 or higher by Moody's Investors Service, Inc. ("Moody's"). During the 12 months ending June 30, 2026, the Fund’s investments outperformed the Bloomberg U.S. Corporate Investment Grade Index (“Index”). Outperformance was driven by favorable security selection, particularly within the banking, technology, capital goods, consumer non-cyclical and energy sectors. This was offset in part by security selection in the transportation and real estate investment trusts (“REITs”) sectors. Moreover, sector allocation slightly detracted from relative performance as an overweight allocation to financials and an underweight to industrials was a drag on performance. Conversely, an overweight allocation to utilities contributed positively to relative performance. Finally, duration and yield curve positioning had a negative impact, with the Fund’s duration position slightly longer than that of the Index, on average. To that end, the Fund utilized derivatives to manage overall duration and key rate exposure relative to the Index.
|
|
| Performance Past Does Not Indicate Future [Text] |
|
Past performance is not a good predictor of the Fund's future performance.
|
|
| Line Graph [Table Text Block] |
|
 Table Summary | Principal Investment Grade Corporate ETF $12,490 | Bloomberg US Aggregate Index $11,765 | Bloomberg US Corporate Investment Grade Index $12,646
|
|---|
04/18 | $10,000 | $10,000 | $10,000 |
|---|
06/18 | $9,887 | $10,023 | $9,927 |
|---|
09/18 | $10,012 | $10,024 | $10,024 |
|---|
12/18 | $9,906 | $10,188 | $10,006 |
|---|
03/19 | $10,477 | $10,488 | $10,520 |
|---|
06/19 | $10,954 | $10,811 | $10,991 |
|---|
09/19 | $11,308 | $11,057 | $11,326 |
|---|
12/19 | $11,447 | $11,077 | $11,460 |
|---|
03/20 | $10,865 | $11,425 | $11,044 |
|---|
06/20 | $11,971 | $11,756 | $12,036 |
|---|
09/20 | $12,194 | $11,829 | $12,221 |
|---|
12/20 | $12,676 | $11,908 | $12,593 |
|---|
03/21 | $12,048 | $11,506 | $12,008 |
|---|
06/21 | $12,532 | $11,717 | $12,434 |
|---|
09/21 | $12,517 | $11,723 | $12,434 |
|---|
12/21 | $12,558 | $11,724 | $12,462 |
|---|
03/22 | $11,556 | $11,029 | $11,504 |
|---|
06/22 | $10,597 | $10,511 | $10,669 |
|---|
09/22 | $10,036 | $10,011 | $10,130 |
|---|
12/22 | $10,436 | $10,199 | $10,498 |
|---|
03/23 | $10,796 | $10,501 | $10,866 |
|---|
06/23 | $10,699 | $10,412 | $10,835 |
|---|
09/23 | $10,352 | $10,076 | $10,500 |
|---|
12/23 | $11,213 | $10,763 | $11,392 |
|---|
03/24 | $11,136 | $10,679 | $11,347 |
|---|
06/24 | $11,163 | $10,686 | $11,337 |
|---|
09/24 | $11,830 | $11,242 | $11,999 |
|---|
12/24 | $11,439 | $10,897 | $11,634 |
|---|
03/25 | $11,727 | $11,201 | $11,903 |
|---|
06/25 | $11,949 | $11,336 | $12,120 |
|---|
09/25 | $12,272 | $11,566 | $12,434 |
|---|
12/25 | $12,359 | $11,693 | $12,539 |
|---|
03/26 | $12,303 | $11,688 | $12,471 |
|---|
06/26 | $12,490 | $11,765 | $12,646 |
|---|
|
|
| Average Annual Return [Table Text Block] |
|
Table SummaryName | 1-Year | 5-Years | Since Inception
April 18, 2018 |
|---|
Principal Investment Grade Corporate ETF | 4.66% | -0.07% | 2.73% |
|---|
Bloomberg US Aggregate Index | 3.79% | 0.08% | 2.00% |
|---|
Bloomberg US Corporate Investment Grade Index | 4.34% | 0.34% | 2.90% |
|---|
|
|
| Performance Inception Date |
|
Apr. 18, 2018
|
|
| Performance Table Market Index Changed [Text Block] |
|
The Bloomberg US Aggregate Index is the Fund's primary broad-based securities market index. The Bloomberg US Corporate Investment Grade Index is included as an additional index for the Fund as it shows how the Fund’s performance compares with the returns of an index of funds with similar investment objectives.
|
|
| Material Change Date |
|
|
Jun. 30, 2025
|
| AssetsNet |
|
$ 199,134,077
|
|
| Holdings Count | Holding |
|
251
|
|
| Advisory Fees Paid, Amount |
|
$ 282,510
|
|
| InvestmentCompanyPortfolioTurnover |
|
80.50%
|
|
| Additional Fund Statistics [Text Block] |
|
- Net Assets$199,134,077
- Total Number of Portfolio Holdings251
- Portfolio Turnover Rate80.5%
- Total Advisory Fees Paid$282,510
|
|
| Holdings [Text Block] |
|
Table SummaryAsset Weighting | Percent of Net Assets |
|---|
Bonds | 97.68% |
|---|
Investment Companies | 2.54% |
|---|
Other Assets and LiabilitiesFootnote Reference* | (0.22)% |
|---|
Total Net Assets | 100.00% |
|---|
| Footnote | Description | Footnote* | Includes derivatives |
Table SummarySector | Percent of Net Assets |
|---|
Financial | 40.68% |
|---|
Consumer, Non-cyclical | 12.42% |
|---|
Utilities | 11.18% |
|---|
Technology | 9.68% |
|---|
Industrial | 7.04% |
|---|
Consumer, Cyclical | 5.08% |
|---|
Energy | 4.79% |
|---|
Communications | 4.68% |
|---|
Money Market Funds | 2.54% |
|---|
Basic Materials | 2.13% |
|---|
Other Assets and LiabilitiesFootnote Reference* | (0.22)% |
|---|
Total Net Assets | 100.00% |
|---|
| Footnote | Description | Footnote* | Includes derivatives |
|
|
| Material Fund Change [Text Block] |
|
This is a summary of certain changes of the Fund since June 30, 2025. For more complete information, you may review the Fund's most recent prospectus, which we expect to be effective by November 1 or upon request at www.PrincipalAM.com/ETFprospectuses. Effective 04/21/2026, Investment Grade Corporate Active ETF changed its name to Investment Grade Corporate ETF. Additionally on that date, the Fund changed its primary listing exchange for shares from NYSE Arca to Cboe BZX.
|
|
| Material Fund Change Name [Text Block] |
|
Effective 04/21/2026, Investment Grade Corporate Active ETF changed its name to Investment Grade Corporate ETF. Additionally on that date, the Fund changed its primary listing exchange for shares from NYSE Arca to Cboe BZX.
|
|
| Summary of Change Legend [Text Block] |
|
This is a summary of certain changes of the Fund since June 30, 2025. For more complete information, you may review the Fund's most recent prospectus, which we expect to be effective by November 1 or upon request at www.PrincipalAM.com/ETFprospectuses.
|
|
| Updated Prospectus Web Address |
|
<span style="box-sizing: border-box; color: rgb(0, 0, 0); display: inline; flex-wrap: nowrap; font-size: 10.6667px; font-weight: 400; grid-area: auto; line-height: 16px; margin: 0px; overflow: visible; text-align: justify; text-align-last: left; white-space-collapse: preserve-breaks;">www.PrincipalAM.com/ETFprospectuses</span>
|
|
| Accountant Change Statement [Text Block] |
|
During the two most recent fiscal years or any subsequent interim period, there have been no changes in or disagreements with Accountants.
|
|
| C000273535 |
|
|
|
| Shareholder Report [Line Items] |
|
|
|
| Fund Name |
|
Principal Long Duration ETF
|
|
| Trading Symbol |
|
DWWN
|
|
| Security Exchange Name |
|
CboeBZX
|
|
| Annual or Semi-Annual Statement [Text Block] |
|
This annual shareholder report contains important information about Principal Long Duration ETF (the "Fund") for the period of May 20, 2026 to June 30, 2026.
|
|
| Additional Information [Text Block] |
|
You can find additional information about the Fund at www.PrincipalAM.com/ETFprospectuses or you can request information by contacting us at 1-800-222-5852 or emailing prospectus@principalfunds.com.
|
|
| Additional Information Phone Number |
|
1-800-222-5852
|
|
| Additional Information Email |
|
<span style="box-sizing: border-box; color: rgb(0, 0, 0); display: inline; flex-wrap: nowrap; font-size: 10.6667px; font-weight: 400; grid-area: auto; line-height: 16px; margin: 0px; overflow: visible; text-align: left; text-align-last: auto; white-space-collapse: preserve-breaks;">prospectus@principalfunds.com</span>
|
|
| Additional Information Website |
|
<span style="box-sizing: border-box; color: rgb(0, 0, 0); display: inline; flex-wrap: nowrap; font-size: 10.6667px; font-weight: 400; grid-area: auto; line-height: 16px; margin: 0px; overflow: visible; text-align: left; text-align-last: auto; white-space-collapse: preserve-breaks;">www.PrincipalAM.com/ETFprospectuses</span>
|
|
| Expenses [Text Block] |
|
What were the Fund costs for the last year?(based on a hypothetical $10,000 investment) Table SummaryFund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
|---|
Principal Long Duration ETF | $2Footnote Reference* | 0.19%Footnote Reference† |
|---|
| Footnote | Description | Footnote* | Expenses are for the period from May 20, 2026, date operations commenced, through June 30, 2026. Expenses for the full reporting period would be higher. | Footnote† | Computed on an annualized basis. |
|
|
| Expenses Paid, Amount |
[5] |
$ 2
|
|
| Expense Ratio, Percent |
[6] |
0.19%
|
|
| Expenses Short Period Footnote [Text Block] |
|
Expenses are for the period from May 20, 2026, date operations commenced, through June 30, 2026. Expenses for the full reporting period would be higher.
|
|
| AssetsNet |
|
$ 11,839,417
|
|
| Holdings Count | Holding |
|
58
|
|
| Advisory Fees Paid, Amount |
|
$ 2,092
|
|
| InvestmentCompanyPortfolioTurnover |
|
1.90%
|
|
| Additional Fund Statistics [Text Block] |
|
- Net Assets$11,839,417
- Total Number of Portfolio Holdings58
- Portfolio Turnover Rate1.9%
- Total Advisory Fees Paid$2,092
|
|
| Holdings [Text Block] |
|
Graphical Representation of HoldingsTable SummaryAsset Weighting | Percent of Net Assets |
|---|
U.S. Government & Government Agency Obligations | 99.86% |
|---|
Investment Companies | 0.10% |
|---|
Other Assets and Liabilities | 0.04% |
|---|
Total Net Assets | 100.00% |
|---|
Table SummarySector | Percent of Net Assets |
|---|
Government | 99.86% |
|---|
Money Market Funds | 0.10% |
|---|
Other Assets and Liabilities | 0.04% |
|---|
Total Net Assets | 100.00% |
|---|
|
|
| Material Fund Change [Text Block] |
|
There were no material changes to the Fund for the period May 20, 2026 to June 30, 2026. For more complete information, you may review the Fund's most recent prospectus, which we expect to be effective by November 1 or upon request at www.PrincipalAM.com/ETFprospectuses.
|
|
| Updated Prospectus Web Address |
|
<span style="box-sizing: border-box; color: rgb(0, 0, 0); display: inline; flex-wrap: nowrap; font-size: 10.6667px; font-weight: 400; grid-area: auto; line-height: 16px; margin: 0px; overflow: visible; text-align: justify; text-align-last: left; white-space-collapse: preserve-breaks;">www.PrincipalAM.com/ETFprospectuses</span>
|
|
| Accountant Change Statement [Text Block] |
|
During the two most recent fiscal years or any subsequent interim period, there have been no changes in or disagreements with Accountants.
|
|
| C000166474 |
|
|
|
| Shareholder Report [Line Items] |
|
|
|
| Fund Name |
|
Principal Quality ETF
|
|
| Trading Symbol |
|
PSET
|
|
| Security Exchange Name |
|
NASDAQ
|
|
| Annual or Semi-Annual Statement [Text Block] |
|
This annual shareholder report contains important information about Principal Quality ETF (the "Fund") for the period of July 1, 2025 to June 30, 2026.
|
|
| Additional Information [Text Block] |
|
You can find additional information about the Fund at www.PrincipalAM.com/ETFprospectuses or you can request information by contacting us at 1-800-222-5852 or emailing prospectus@principalfunds.com.
|
|
| Additional Information Phone Number |
|
1-800-222-5852
|
|
| Additional Information Email |
|
<span style="box-sizing: border-box; color: rgb(0, 0, 0); display: inline; flex-wrap: nowrap; font-size: 10.6667px; font-weight: 400; grid-area: auto; line-height: 16px; margin: 0px; overflow: visible; text-align: left; text-align-last: auto; white-space-collapse: preserve-breaks;">prospectus@principalfunds.com</span>
|
|
| Additional Information Website |
|
<span style="box-sizing: border-box; color: rgb(0, 0, 0); display: inline; flex-wrap: nowrap; font-size: 10.6667px; font-weight: 400; grid-area: auto; line-height: 16px; margin: 0px; overflow: visible; text-align: left; text-align-last: auto; white-space-collapse: preserve-breaks;">www.PrincipalAM.com/ETFprospectuses</span>
|
|
| Expenses [Text Block] |
|
What were the Fund costs for the last year?(based on a hypothetical $10,000 investment) Table SummaryFund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
|---|
Principal Quality ETF | $15 | 0.15% |
|---|
|
|
| Expenses Paid, Amount |
|
$ 15
|
|
| Expense Ratio, Percent |
|
0.15%
|
|
| Factors Affecting Performance [Text Block] |
|
Management's Discussion of Fund PerformanceThe Fund seeks long-term growth of capital. Under normal circumstances, the Fund primarily invests in equity securities. For security selection and portfolio construction, Principal Global Investors, LLC (“PGI”) uses a proprietary quantitative model designed to identify equity securities in the S&P 500 Growth Index ("Index") that exhibit growth characteristics, including higher quality, growth potential, and pricing power. The Fund’s investments underperformed the Index over the year. Seven of the eleven sectors in the Index posted positive returns, led by industrials and information technology. Utilities and materials lagged during the year. Sandisk Corp., Micron Technology Inc., and Applied Materials Inc. outperformed within the Index, while Intuit Inc., Fiserv Inc., and Boston Scientific Corp. underperformed. High beta and high momentum stocks outperformed during the year, while high quality stocks underperformed. The Fund’s positioning in Applied Materials Inc., Palo Alto Networks Inc., and NetApp Inc. contributed to performance. Positioning in Intuit Inc., Salesforce Inc., and Boston Scientific Corp. detracted from performance. The Fund’s factor exposure to investment quality contributed to performance, while exposure to low momentum, low beta, and smaller size detracted from performance. Underweight allocations to consumer staples and utilities, along with stock selection within energy, contributed to performance. Selection in information technology, healthcare, and financials detracted.
|
|
| Performance Past Does Not Indicate Future [Text] |
|
Past performance is not a good predictor of the Fund's future performance.
|
|
| Line Graph [Table Text Block] |
|
 Table Summary | Principal Quality ETF $32,536 | S&P 500 Index $42,271 | S&P 500 Growth Index $47,382
|
|---|
06/16 | $10,000 | $10,000 | $10,000 |
|---|
09/16 | $10,067 | $10,385 | $10,433 |
|---|
12/16 | $10,123 | $10,782 | $10,437 |
|---|
03/17 | $10,770 | $11,436 | $11,281 |
|---|
06/17 | $11,322 | $11,790 | $11,729 |
|---|
09/17 | $11,762 | $12,318 | $12,301 |
|---|
12/17 | $12,592 | $13,136 | $13,086 |
|---|
03/18 | $12,812 | $13,037 | $13,294 |
|---|
06/18 | $13,121 | $13,484 | $13,943 |
|---|
09/18 | $13,872 | $14,524 | $15,187 |
|---|
12/18 | $12,407 | $12,560 | $12,904 |
|---|
03/19 | $14,240 | $14,275 | $14,775 |
|---|
06/19 | $15,080 | $14,889 | $15,390 |
|---|
09/19 | $15,357 | $15,142 | $15,442 |
|---|
12/19 | $16,600 | $16,515 | $16,664 |
|---|
03/20 | $13,397 | $13,279 | $14,201 |
|---|
06/20 | $15,774 | $16,006 | $17,872 |
|---|
09/20 | $17,316 | $17,436 | $19,923 |
|---|
12/20 | $19,298 | $19,554 | $21,994 |
|---|
03/21 | $20,037 | $20,761 | $22,415 |
|---|
06/21 | $21,789 | $22,536 | $25,043 |
|---|
09/21 | $22,114 | $22,667 | $25,466 |
|---|
12/21 | $24,966 | $25,167 | $28,821 |
|---|
03/22 | $22,945 | $24,009 | $26,292 |
|---|
06/22 | $19,752 | $20,144 | $20,770 |
|---|
09/22 | $18,601 | $19,160 | $19,921 |
|---|
12/22 | $20,869 | $20,609 | $20,149 |
|---|
03/23 | $22,016 | $22,154 | $22,012 |
|---|
06/23 | $23,682 | $24,091 | $24,264 |
|---|
09/23 | $22,967 | $23,302 | $23,564 |
|---|
12/23 | $25,894 | $26,026 | $25,861 |
|---|
03/24 | $28,669 | $28,774 | $29,109 |
|---|
06/24 | $28,922 | $30,006 | $31,846 |
|---|
09/24 | $30,199 | $31,773 | $32,976 |
|---|
12/24 | $30,469 | $32,538 | $34,950 |
|---|
03/25 | $28,102 | $31,148 | $31,934 |
|---|
06/25 | $31,392 | $34,556 | $37,918 |
|---|
09/25 | $32,500 | $37,364 | $41,569 |
|---|
12/25 | $32,688 | $38,356 | $42,427 |
|---|
03/26 | $29,805 | $36,694 | $38,926 |
|---|
06/26 | $32,536 | $42,271 | $47,382 |
|---|
|
|
| Average Annual Return [Table Text Block] |
|
Table SummaryName | 1-Year | 5-Years | 10-Years |
|---|
Principal Quality ETF | 3.68% | 8.36% | 12.52% |
|---|
S&P 500 Index | 22.32% | 13.41% | 15.51% |
|---|
S&P 500 Growth Index | 24.96% | 13.60% | 16.83% |
|---|
|
|
| Performance Table Market Index Changed [Text Block] |
|
The S&P 500 Index is the Fund's primary broad-based securities market index. The S&P 500 Growth Index is included as an additional index for the Fund as it shows how the Fund's performance compares with the returns of an index of funds with similar investment objectives.
|
|
| AssetsNet |
|
$ 28,804,361
|
|
| Holdings Count | Holding |
|
73
|
|
| Advisory Fees Paid, Amount |
|
$ 60,045
|
|
| InvestmentCompanyPortfolioTurnover |
|
67.80%
|
|
| Additional Fund Statistics [Text Block] |
|
- Net Assets$28,804,361
- Total Number of Portfolio Holdings73
- Portfolio Turnover Rate67.8%
- Total Advisory Fees Paid$60,045
|
|
| Holdings [Text Block] |
|
Table SummaryAsset Weighting | Percent of Net Assets |
|---|
Common Stocks | 99.72% |
|---|
Investment Companies | 0.21% |
|---|
Other Assets and Liabilities | 0.07% |
|---|
Total Net Assets | 100.00% |
|---|
Table SummarySector | Percent of Net Assets |
|---|
Technology | 31.42% |
|---|
Industrial | 20.19% |
|---|
Financial | 13.88% |
|---|
Consumer, Non-cyclical | 12.97% |
|---|
Communications | 12.09% |
|---|
Consumer, Cyclical | 4.34% |
|---|
Basic Materials | 3.66% |
|---|
Energy | 1.17% |
|---|
Money Market Funds | 0.21% |
|---|
Other Assets and Liabilities | 0.07% |
|---|
Total Net Assets | 100.00% |
|---|
|
|
| Material Fund Change [Text Block] |
|
There were no material changes to the Fund for the period July 1, 2025 to June 30, 2026. For more complete information, you may review the Fund's most recent prospectus, which we expect to be effective by November 1 or upon request at www.PrincipalAM.com/ETFprospectuses.
|
|
| Updated Prospectus Web Address |
|
<span style="box-sizing: border-box; color: rgb(0, 0, 0); display: inline; flex-wrap: nowrap; font-size: 10.6667px; font-weight: 400; grid-area: auto; line-height: 16px; margin: 0px; overflow: visible; text-align: justify; text-align-last: left; white-space-collapse: preserve-breaks;">www.PrincipalAM.com/ETFprospectuses</span>
|
|
| Accountant Change Statement [Text Block] |
|
During the two most recent fiscal years or any subsequent interim period, there have been no changes in or disagreements with Accountants.
|
|
| C000235507 |
|
|
|
| Shareholder Report [Line Items] |
|
|
|
| Fund Name |
|
Principal Real Estate Active Opportunities ETF
|
|
| Trading Symbol |
|
BYRE
|
|
| Security Exchange Name |
|
NYSEArca
|
|
| Annual or Semi-Annual Statement [Text Block] |
|
This annual shareholder report contains important information about Principal Real Estate Active Opportunities ETF (the "Fund") for the period of July 1, 2025 to June 30, 2026.
|
|
| Additional Information [Text Block] |
|
You can find additional information about the Fund at www.PrincipalAM.com/ETFprospectuses or you can request information by contacting us at 1-800-222-5852 or emailing prospectus@principalfunds.com.
|
|
| Material Fund Change Notice [Text Block] |
|
This report describes changes to the Fund that occurred during the reporting period.
|
|
| Additional Information Phone Number |
|
1-800-222-5852
|
|
| Additional Information Email |
|
<span style="box-sizing: border-box; color: rgb(0, 0, 0); display: inline; flex-wrap: nowrap; font-size: 10.6667px; font-weight: 400; grid-area: auto; line-height: 16px; margin: 0px; overflow: visible; text-align: left; text-align-last: auto; white-space-collapse: preserve-breaks;">prospectus@principalfunds.com</span>
|
|
| Additional Information Website |
|
<span style="box-sizing: border-box; color: rgb(0, 0, 0); display: inline; flex-wrap: nowrap; font-size: 10.6667px; font-weight: 400; grid-area: auto; line-height: 16px; margin: 0px; overflow: visible; text-align: left; text-align-last: auto; white-space-collapse: preserve-breaks;">www.PrincipalAM.com/ETFprospectuses</span>
|
|
| Expenses [Text Block] |
|
What were the Fund costs for the last year?(based on a hypothetical $10,000 investment) Table SummaryFund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
|---|
Principal Real Estate Active Opportunities ETF | $63 | 0.60% |
|---|
|
|
| Expenses Paid, Amount |
|
$ 63
|
|
| Expense Ratio, Percent |
|
0.60%
|
|
| Factors Affecting Performance [Text Block] |
|
Management's Discussion of Fund PerformanceThe Fund seeks total return and income. Under normal circumstances, the Fund invests at least 80% of its net assets in securities of companies principally engaged in the real estate industry. It invests primarily in equity securities, including those of small companies. U.S. real estate securities navigated a volatile macro environment defined by shifting rate expectations, geopolitical shocks, and a powerful artificial intelligence-driven equity rally. U.S. senior housing stocks were the key contributor to performance with these stocks demonstrating continued strong earnings growth and guidance upgrades supported by firming occupancy, improving pricing power, and accretive acquisitions. Data center selection also contributed, particularly, a network dense colocation operator which outperformed strongly. Performance was partially offset by the position in towers which lagged on concerns of weak earnings outlook and slowing carrier capital expenditure.
|
|
| Performance Past Does Not Indicate Future [Text] |
|
Past performance is not a good predictor of the Fund's future performance.
|
|
| Line Graph [Table Text Block] |
|
Table Summary | Principal Real Estate Active Opportunities ETF $12,075 | Russell 3000 Index $20,028 | FTSE NAREIT All Equity REIT Index $12,409
|
|---|
05/22 | $10,000 | $10,000 | $10,000 |
|---|
06/22 | $9,799 | $9,657 | $9,734 |
|---|
09/22 | $8,894 | $9,226 | $8,679 |
|---|
12/22 | $9,108 | $9,888 | $9,038 |
|---|
03/23 | $9,382 | $10,598 | $9,196 |
|---|
06/23 | $9,306 | $11,487 | $9,307 |
|---|
09/23 | $8,687 | $11,113 | $8,531 |
|---|
12/23 | $10,092 | $12,455 | $10,065 |
|---|
03/24 | $9,889 | $13,703 | $9,933 |
|---|
06/24 | $9,855 | $14,143 | $9,844 |
|---|
09/24 | $11,416 | $15,024 | $11,497 |
|---|
12/24 | $10,518 | $15,420 | $10,560 |
|---|
03/25 | $10,945 | $14,692 | $10,851 |
|---|
06/25 | $10,973 | $16,307 | $10,750 |
|---|
09/25 | $10,979 | $17,640 | $11,037 |
|---|
12/25 | $10,759 | $18,064 | $10,800 |
|---|
03/26 | $11,012 | $17,349 | $11,206 |
|---|
06/26 | $12,075 | $20,028 | $12,409 |
|---|
|
|
| Average Annual Return [Table Text Block] |
|
Table SummaryName | 1-Year | Since Inception
May 18, 2022 |
|---|
Principal Real Estate Active Opportunities ETF | 10.04% | 4.69% |
|---|
Russell 3000 Index | 22.82% | 18.37% |
|---|
FTSE NAREIT All Equity REIT Index | 15.43% | 5.38% |
|---|
|
|
| Performance Inception Date |
|
May 18, 2022
|
|
| Performance Table Market Index Changed [Text Block] |
|
The Russell 3000 Index is the Fund's primary broad-based securities market index. The FTSE NAREIT All Equity REIT Index is included as an additional index for the Fund as it shows how the Fund’s performance compares with the returns of an index of funds with similar investment objectives.
|
|
| Material Change Date |
|
|
Jun. 30, 2025
|
| AssetsNet |
|
$ 25,611,549
|
|
| Holdings Count | Holding |
|
52
|
|
| Advisory Fees Paid, Amount |
|
$ 127,478
|
|
| InvestmentCompanyPortfolioTurnover |
|
53.10%
|
|
| Additional Fund Statistics [Text Block] |
|
- Net Assets$25,611,549
- Total Number of Portfolio Holdings52
- Portfolio Turnover Rate53.1%
- Total Advisory Fees Paid$127,478
|
|
| Holdings [Text Block] |
|
Table SummaryAsset Weighting | Percent of Net Assets |
|---|
Common Stocks | 98.76% |
|---|
Investment Companies | 0.93% |
|---|
Other Assets and Liabilities | 0.31% |
|---|
Total Net Assets | 100.00% |
|---|
Table SummarySector | Percent of Net Assets |
|---|
Financial | 98.76% |
|---|
Money Market Funds | 0.93% |
|---|
Other Assets and Liabilities | 0.31% |
|---|
Total Net Assets | 100.00% |
|---|
|
|
| Material Fund Change [Text Block] |
|
This is a summary of certain changes of the Fund since June 30, 2025. For more complete information, you may review the Fund's most recent prospectus, which we expect to be effective by November 1 or upon request at www.PrincipalAM.com/ETFprospectuses. Effective 11/01/2025, the Fund's Objectives, Principal Investment Strategies and Risks were updated. Additionally on that date, the Fund changed from a non-transparent ETF to a fully transparent ETF.
|
|
| Material Fund Change Objectives [Text Block] |
|
Effective 11/01/2025, the Fund's Objectives, Principal Investment Strategies and Risks were updated. Additionally on that date, the Fund changed from a non-transparent ETF to a fully transparent ETF.
|
|
| Summary of Change Legend [Text Block] |
|
This is a summary of certain changes of the Fund since June 30, 2025. For more complete information, you may review the Fund's most recent prospectus, which we expect to be effective by November 1 or upon request at www.PrincipalAM.com/ETFprospectuses.
|
|
| Updated Prospectus Web Address |
|
<span style="box-sizing: border-box; color: rgb(0, 0, 0); display: inline; flex-wrap: nowrap; font-size: 10.6667px; font-weight: 400; grid-area: auto; line-height: 16px; margin: 0px; overflow: visible; text-align: justify; text-align-last: left; white-space-collapse: preserve-breaks;">www.PrincipalAM.com/ETFprospectuses</span>
|
|
| Accountant Change Statement [Text Block] |
|
During the two most recent fiscal years or any subsequent interim period, there have been no changes in or disagreements with Accountants.
|
|
| C000273536 |
|
|
|
| Shareholder Report [Line Items] |
|
|
|
| Fund Name |
|
Principal Securitized Debt ETF
|
|
| Trading Symbol |
|
WDE
|
|
| Security Exchange Name |
|
CboeBZX
|
|
| Annual or Semi-Annual Statement [Text Block] |
|
This annual shareholder report contains important information about Principal Securitized Debt ETF (the "Fund") for the period of May 20, 2026 to June 30, 2026.
|
|
| Additional Information [Text Block] |
|
You can find additional information about the Fund at www.PrincipalAM.com/ETFprospectuses or you can request information by contacting us at 1-800-222-5852 or emailing prospectus@principalfunds.com.
|
|
| Additional Information Phone Number |
|
1-800-222-5852
|
|
| Additional Information Email |
|
<span style="box-sizing: border-box; color: rgb(0, 0, 0); display: inline; flex-wrap: nowrap; font-size: 10.6667px; font-weight: 400; grid-area: auto; line-height: 16px; margin: 0px; overflow: visible; text-align: left; text-align-last: auto; white-space-collapse: preserve-breaks;">prospectus@principalfunds.com</span>
|
|
| Additional Information Website |
|
<span style="box-sizing: border-box; color: rgb(0, 0, 0); display: inline; flex-wrap: nowrap; font-size: 10.6667px; font-weight: 400; grid-area: auto; line-height: 16px; margin: 0px; overflow: visible; text-align: left; text-align-last: auto; white-space-collapse: preserve-breaks;">www.PrincipalAM.com/ETFprospectuses</span>
|
|
| Expenses [Text Block] |
|
What were the Fund costs for the last year?(based on a hypothetical $10,000 investment) Table SummaryFund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
|---|
Principal Securitized Debt ETF | $2Footnote Reference* | 0.19%Footnote Reference† |
|---|
| Footnote | Description | Footnote* | Expenses are for the period from May 20, 2026, date operations commenced, through June 30, 2026. Expenses for the full reporting period would be higher. | Footnote† | Computed on an annualized basis. |
|
|
| Expenses Paid, Amount |
[7] |
$ 2
|
|
| Expense Ratio, Percent |
[8] |
0.19%
|
|
| Expenses Short Period Footnote [Text Block] |
|
Expenses are for the period from May 20, 2026, date operations commenced, through June 30, 2026. Expenses for the full reporting period would be higher.
|
|
| AssetsNet |
|
$ 20,223,307
|
|
| Holdings Count | Holding |
|
41
|
|
| Advisory Fees Paid, Amount |
|
$ 3,805
|
|
| InvestmentCompanyPortfolioTurnover |
|
11.40%
|
|
| Additional Fund Statistics [Text Block] |
|
- Net Assets$20,223,307
- Total Number of Portfolio Holdings41
- Portfolio Turnover Rate11.4%
- Total Advisory Fees Paid$3,805
|
|
| Holdings [Text Block] |
|
Graphical Representation of HoldingsTable SummaryAsset Weighting | Percent of Net Assets |
|---|
Bonds | 67.03% |
|---|
U.S. Government & Government Agency Obligations | 39.09% |
|---|
Investment Companies | 2.41% |
|---|
Other Assets and Liabilities | (8.53)% |
|---|
Total Net Assets | 100.00% |
|---|
Table SummarySector | Percent of Net Assets |
|---|
Mortgage Securities | 67.67% |
|---|
Asset Backed Securities | 23.09% |
|---|
Government | 10.34% |
|---|
Utilities | 5.02% |
|---|
Money Market Funds | 2.41% |
|---|
Other Assets and Liabilities | (8.53)% |
|---|
Total Net Assets | 100.00% |
|---|
|
|
| Material Fund Change [Text Block] |
|
There were no material changes to the Fund for the period May 20, 2026 to June 30, 2026. For more complete information, you may review the Fund's most recent prospectus, which we expect to be effective by November 1 or upon request at www.PrincipalAM.com/ETFprospectuses.
|
|
| Updated Prospectus Web Address |
|
<span style="box-sizing: border-box; color: rgb(0, 0, 0); display: inline; flex-wrap: nowrap; font-size: 10.6667px; font-weight: 400; grid-area: auto; line-height: 16px; margin: 0px; overflow: visible; text-align: justify; text-align-last: left; white-space-collapse: preserve-breaks;">www.PrincipalAM.com/ETFprospectuses</span>
|
|
| Accountant Change Statement [Text Block] |
|
During the two most recent fiscal years or any subsequent interim period, there have been no changes in or disagreements with Accountants.
|
|
| C000219817 |
|
|
|
| Shareholder Report [Line Items] |
|
|
|
| Fund Name |
|
Principal Spectrum Preferred and Income ETF
|
|
| Trading Symbol |
|
PQDI
|
|
| Security Exchange Name |
|
NYSEArca
|
|
| Annual or Semi-Annual Statement [Text Block] |
|
This annual shareholder report contains important information about Principal Spectrum Preferred and Income ETF (the "Fund") for the period of July 1, 2025 to June 30, 2026.
|
|
| Additional Information [Text Block] |
|
You can find additional information about the Fund at www.PrincipalAM.com/ETFprospectuses or you can request information by contacting us at 1-800-222-5852 or emailing prospectus@principalfunds.com.
|
|
| Material Fund Change Notice [Text Block] |
|
This report describes changes to the Fund that occurred during the reporting period.
|
|
| Additional Information Phone Number |
|
1-800-222-5852
|
|
| Additional Information Email |
|
<span style="box-sizing: border-box; color: rgb(0, 0, 0); display: inline; flex-wrap: nowrap; font-size: 10.6667px; font-weight: 400; grid-area: auto; line-height: 16px; margin: 0px; overflow: visible; text-align: left; text-align-last: auto; white-space-collapse: preserve-breaks;">prospectus@principalfunds.com</span>
|
|
| Additional Information Website |
|
<span style="box-sizing: border-box; color: rgb(0, 0, 0); display: inline; flex-wrap: nowrap; font-size: 10.6667px; font-weight: 400; grid-area: auto; line-height: 16px; margin: 0px; overflow: visible; text-align: left; text-align-last: auto; white-space-collapse: preserve-breaks;">www.PrincipalAM.com/ETFprospectuses</span>
|
|
| Expenses [Text Block] |
|
What were the Fund costs for the last year?(based on a hypothetical $10,000 investment) Table SummaryFund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
|---|
Principal Spectrum Preferred and Income ETF | $62 | 0.60% |
|---|
|
|
| Expenses Paid, Amount |
|
$ 62
|
|
| Expense Ratio, Percent |
|
0.60%
|
|
| Factors Affecting Performance [Text Block] |
|
Management's Discussion of Fund PerformanceThe Fund seeks to provide current income. Under normal circumstances, the Fund invests at least 80% of its net assets in preferred securities and other income-producing securities. The preferred securities in which the Fund invests include, but are not limited to, preferred stock, certain depositary receipts, and various types of junior subordinated debt. The Fund invests significantly in securities that, at the time of issuance, are eligible to pay dividends that qualify for favorable U.S. federal income tax treatment, such as dividends treated as “qualified dividend income” (“QDI”). The Fund also invests in derivative instruments for hedging and income generation purposes. During the 12 months ending June 30, 2026, the 5-year U.S. Treasury note yield rose 49 basis points (“bps”) to a yield-to-worst (“YTW”) of 4.28%. Bond investor anxieties rose from fears of another trade war, uncertainty increased over the ongoing annual fiscal deficit, and a war with Iran spiked oil prices and reignited inflation fears. Despite rising U.S. Treasury yields, both the average price of the Fund’s investments and the YTW of the Fund’s investments increased. Credit spreads within the portfolio tightened to an option adjusted spread of +191 bps. Within the Fund’s benchmark, the ICE BofA 7% Constrained DRD Eligible Preferred Securities Index (“Index”), security average price declined, YTW rose, and credit spreads tightened to an option adjusted spread of +118 bps. The Fund was overweight in contingent convertible capital securities (“CoCos”) and overweight in limited recourse capital notes of Canadian banks which contributed to the excess return of the Fund compared to the Index. The Fund was underweight in $1000 par U.S. bank preferred securities and underweight in $25 par preferred stock which detracted from the performance of the Fund compared to the Index. The Fund’s income outpaced the Index for the year. Overall, the rising rate market conditions detracted from the Fund’s performance compared to the Index and tighter spreads contributed to the Fund’s performance compared to the Index.
|
|
| Performance Past Does Not Indicate Future [Text] |
|
Past performance is not a good predictor of the Fund's future performance.
|
|
| Line Graph [Table Text Block] |
|
Table Summary | Principal Spectrum Preferred and Income ETF $13,310 | Bloomberg Global Aggregate Index $9,504 | ICE BofA 7% Constrained DRD Eligible Preferred Securities Index $11,922
|
|---|
06/20 | $10,000 | $10,000 | $10,000 |
|---|
06/20 | $10,065 | $10,011 | $10,000 |
|---|
09/20 | $10,470 | $10,278 | $10,522 |
|---|
12/20 | $11,048 | $10,615 | $10,992 |
|---|
03/21 | $11,030 | $10,142 | $10,898 |
|---|
06/21 | $11,343 | $10,275 | $11,260 |
|---|
09/21 | $11,417 | $10,184 | $11,283 |
|---|
12/21 | $11,387 | $10,116 | $11,238 |
|---|
03/22 | $10,875 | $9,492 | $10,475 |
|---|
06/22 | $10,235 | $8,708 | $9,627 |
|---|
09/22 | $10,020 | $8,103 | $9,565 |
|---|
12/22 | $10,296 | $8,472 | $9,666 |
|---|
03/23 | $10,050 | $8,727 | $9,634 |
|---|
06/23 | $10,235 | $8,593 | $9,625 |
|---|
09/23 | $10,357 | $8,285 | $9,597 |
|---|
12/23 | $10,934 | $8,956 | $10,236 |
|---|
03/24 | $11,335 | $8,770 | $10,746 |
|---|
06/24 | $11,529 | $8,673 | $10,807 |
|---|
09/24 | $12,019 | $9,278 | $11,397 |
|---|
12/24 | $12,029 | $8,805 | $11,188 |
|---|
03/25 | $12,160 | $9,037 | $11,243 |
|---|
06/25 | $12,492 | $9,445 | $11,410 |
|---|
09/25 | $12,860 | $9,501 | $11,796 |
|---|
12/25 | $13,042 | $9,524 | $11,823 |
|---|
03/26 | $12,953 | $9,422 | $11,689 |
|---|
06/26 | $13,310 | $9,504 | $11,922 |
|---|
|
|
| Average Annual Return [Table Text Block] |
|
Table SummaryName | 1-Year | 5-Years | Since Inception
June 16, 2020 |
|---|
Principal Spectrum Preferred and Income ETF | 6.76% | 3.27% | 4.82% |
|---|
Bloomberg Global Aggregate Index | 0.62% | -1.55% | -0.84% |
|---|
ICE BofA 7% Constrained DRD Eligible Preferred Securities Index | 4.49% | 1.15% | 2.95% |
|---|
|
|
| Performance Inception Date |
|
Jun. 16, 2020
|
|
| Performance Table Market Index Changed [Text Block] |
|
The Bloomberg Global Aggregate Index is the Fund's primary broad-based securities market index. The ICE BofA 7% Constrained DRD Eligible Preferred Securities Index is included as an additional index for the Fund as it shows how the Fund’s performance compares with the returns of an index of funds with similar investment objectives.
|
|
| Material Change Date |
|
|
Jun. 30, 2025
|
| AssetsNet |
|
$ 69,972,478
|
|
| Holdings Count | Holding |
|
102
|
|
| Advisory Fees Paid, Amount |
|
$ 387,619
|
|
| InvestmentCompanyPortfolioTurnover |
|
41.10%
|
|
| Additional Fund Statistics [Text Block] |
|
- Net Assets$69,972,478
- Total Number of Portfolio Holdings102
- Portfolio Turnover Rate41.1%
- Total Advisory Fees Paid$387,619
|
|
| Holdings [Text Block] |
|
Table SummaryAsset Weighting | Percent of Net Assets |
|---|
Bonds | 83.93% |
|---|
Preferred Stocks | 14.73% |
|---|
Investment Companies | 0.85% |
|---|
Other Assets and Liabilities | 0.49% |
|---|
Total Net Assets | 100.00% |
|---|
Table SummarySector | Percent of Net Assets |
|---|
Financial | 95.82% |
|---|
Communications | 1.17% |
|---|
Government | 1.08% |
|---|
Money Market Funds | 0.85% |
|---|
Energy | 0.59% |
|---|
Other Assets and Liabilities | 0.49% |
|---|
Total Net Assets | 100.00% |
|---|
|
|
| Material Fund Change [Text Block] |
|
This is a summary of certain changes of the Fund since June 30, 2025. For more complete information, you may review the Fund's most recent prospectus, which we expect to be effective by November 1 or upon request at www.PrincipalAM.com/ETFprospectuses. Effective 11/01/2025, Spectrum Tax-Advantaged Dividend Active ETF changed its name to Spectrum Preferred and Income ETF.
|
|
| Material Fund Change Name [Text Block] |
|
Effective 11/01/2025, Spectrum Tax-Advantaged Dividend Active ETF changed its name to Spectrum Preferred and Income ETF.
|
|
| Summary of Change Legend [Text Block] |
|
This is a summary of certain changes of the Fund since June 30, 2025. For more complete information, you may review the Fund's most recent prospectus, which we expect to be effective by November 1 or upon request at www.PrincipalAM.com/ETFprospectuses.
|
|
| Updated Prospectus Web Address |
|
<span style="box-sizing: border-box; color: rgb(0, 0, 0); display: inline; flex-wrap: nowrap; font-size: 10.6667px; font-weight: 400; grid-area: auto; line-height: 16px; margin: 0px; overflow: visible; text-align: justify; text-align-last: left; white-space-collapse: preserve-breaks;">www.PrincipalAM.com/ETFprospectuses</span>
|
|
| Accountant Change Statement [Text Block] |
|
During the two most recent fiscal years or any subsequent interim period, there have been no changes in or disagreements with Accountants.
|
|
| C000172043 |
|
|
|
| Shareholder Report [Line Items] |
|
|
|
| Fund Name |
|
Principal Spectrum Preferred Securities Active ETF
|
|
| Trading Symbol |
|
PREF
|
|
| Security Exchange Name |
|
NYSEArca
|
|
| Annual or Semi-Annual Statement [Text Block] |
|
This annual shareholder report contains important information about Principal Spectrum Preferred Securities Active ETF (the "Fund") for the period of July 1, 2025 to June 30, 2026.
|
|
| Additional Information [Text Block] |
|
You can find additional information about the Fund at www.PrincipalAM.com/ETFprospectuses or you can request information by contacting us at 1-800-222-5852 or emailing prospectus@principalfunds.com.
|
|
| Additional Information Phone Number |
|
1-800-222-5852
|
|
| Additional Information Email |
|
<span style="box-sizing: border-box; color: rgb(0, 0, 0); display: inline; flex-wrap: nowrap; font-size: 10.6667px; font-weight: 400; grid-area: auto; line-height: 16px; margin: 0px; overflow: visible; text-align: left; text-align-last: auto; white-space-collapse: preserve-breaks;">prospectus@principalfunds.com</span>
|
|
| Additional Information Website |
|
<span style="box-sizing: border-box; color: rgb(0, 0, 0); display: inline; flex-wrap: nowrap; font-size: 10.6667px; font-weight: 400; grid-area: auto; line-height: 16px; margin: 0px; overflow: visible; text-align: left; text-align-last: auto; white-space-collapse: preserve-breaks;">www.PrincipalAM.com/ETFprospectuses</span>
|
|
| Expenses [Text Block] |
|
What were the Fund costs for the last year?(based on a hypothetical $10,000 investment) Table SummaryFund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
|---|
Principal Spectrum Preferred Securities Active ETF | $57 | 0.55% |
|---|
|
|
| Expenses Paid, Amount |
|
$ 57
|
|
| Expense Ratio, Percent |
|
0.55%
|
|
| Factors Affecting Performance [Text Block] |
|
Management's Discussion of Fund PerformanceThe Fund seeks to provide current income. Under normal circumstances, the Fund invests at least 80% of its net assets in preferred securities. Examples of preferred securities include preferred stock, certain depositary receipts, and various types of junior subordinated debt (such debt generally includes the contractual ability to defer payment of interest without accelerating an immediate default event). It concentrates its investments (invests more than 25% of its net assets) in securities in one or more industries within the financial services sector. During the 12 months ending June 30, 2026, the 5-year U.S. Treasury note yield rose 49 basis points (“bps”) to a yield-to-worst (“YTW”) of 4.28%. Bond investor anxieties rose from fears of another trade war, uncertainty increased over the ongoing annual fiscal deficit, and a war with Iran spiked oil prices and reignited inflation fears. Despite rising U.S. Treasury yields, both the average price of the Fund’s investments and the YTW of the Fund’s investments increased. Credit spreads within the portfolio tightened to an option adjusted spread of +169 bps. The Fund’s benchmark, the ICE BofA U.S. Investment Grade Institutional Capital Securities Index (“Index”), also experienced an increase in security average price and YTW, along with tightening credit spreads, although to a lesser extent than the Fund. The Fund was overweight in $1000 par U.S. bank preferred securities and overweight in limited recourse capital notes of Canadian banks which contributed to the excess return of the Fund compared to the Index. The Fund was underweight in corporate hybrids and underweight in insurance hybrids which detracted from the Fund’s performance compared to the Index. The Fund’s income lagged the Index for the year, but this was more than offset by the Fund’s lower duration and better spread performance. Overall, the rising rate market conditions detracted from the Fund’s performance compared to the Index and tighter spreads contributed to the Fund’s performance compared to the Index.
|
|
| Performance Past Does Not Indicate Future [Text] |
|
Past performance is not a good predictor of the Fund's future performance.
|
|
| Line Graph [Table Text Block] |
|
 Table Summary | Principal Spectrum Preferred Securities Active ETF $14,503 | Bloomberg Global Aggregate Index $10,682 | ICE BofA US Investment Grade Institutional Capital Securities Index $15,374
|
|---|
07/17 | $10,000 | $10,000 | $10,000 |
|---|
09/17 | $10,228 | $10,241 | $10,163 |
|---|
12/17 | $10,267 | $10,351 | $10,224 |
|---|
03/18 | $10,062 | $10,492 | $10,036 |
|---|
06/18 | $9,936 | $10,200 | $9,989 |
|---|
09/18 | $10,054 | $10,106 | $10,163 |
|---|
12/18 | $9,706 | $10,227 | $9,763 |
|---|
03/19 | $10,358 | $10,452 | $10,495 |
|---|
06/19 | $10,726 | $10,797 | $10,926 |
|---|
09/19 | $11,098 | $10,874 | $11,262 |
|---|
12/19 | $11,393 | $10,927 | $11,576 |
|---|
03/20 | $9,992 | $10,891 | $10,468 |
|---|
06/20 | $11,200 | $11,253 | $11,485 |
|---|
09/20 | $11,730 | $11,552 | $11,988 |
|---|
12/20 | $12,248 | $11,932 | $12,528 |
|---|
03/21 | $12,151 | $11,399 | $12,441 |
|---|
06/21 | $12,480 | $11,549 | $12,784 |
|---|
09/21 | $12,624 | $11,447 | $12,906 |
|---|
12/21 | $12,502 | $11,370 | $12,836 |
|---|
03/22 | $11,787 | $10,669 | $12,175 |
|---|
06/22 | $10,832 | $9,788 | $11,266 |
|---|
09/22 | $10,649 | $9,108 | $11,159 |
|---|
12/22 | $11,028 | $9,522 | $11,529 |
|---|
03/23 | $11,039 | $9,809 | $11,656 |
|---|
06/23 | $11,141 | $9,659 | $11,893 |
|---|
09/23 | $11,215 | $9,312 | $11,935 |
|---|
12/23 | $11,838 | $10,067 | $12,643 |
|---|
03/24 | $12,370 | $9,857 | $13,106 |
|---|
06/24 | $12,565 | $9,748 | $13,281 |
|---|
09/24 | $13,125 | $10,429 | $13,911 |
|---|
12/24 | $13,189 | $9,897 | $13,876 |
|---|
03/25 | $13,360 | $10,158 | $14,099 |
|---|
06/25 | $13,712 | $10,616 | $14,463 |
|---|
09/25 | $14,004 | $10,680 | $14,880 |
|---|
12/25 | $14,196 | $10,705 | $15,075 |
|---|
03/26 | $14,131 | $10,590 | $15,029 |
|---|
06/26 | $14,503 | $10,682 | $15,374 |
|---|
|
|
| Average Annual Return [Table Text Block] |
|
Table SummaryName | 1-Year | 5-Years | Since Inception
July 10, 2017 |
|---|
Principal Spectrum Preferred Securities Active ETF | 6.03% | 3.12% | 4.24% |
|---|
Bloomberg Global Aggregate Index | 0.62% | -1.55% | 0.74% |
|---|
ICE BofA US Investment Grade Institutional Capital Securities Index | 6.29% | 3.76% | 4.91% |
|---|
|
|
| Performance Inception Date |
|
Jul. 10, 2017
|
|
| Performance Table Market Index Changed [Text Block] |
|
The Bloomberg Global Aggregate Index is the Fund's primary broad-based securities market index. The ICE BofA US Investment Grade Institutional Capital Securities Index is included as an additional index for the Fund as it shows how the Fund’s performance compares with the returns of an index of funds with similar investment objectives.
|
|
| AssetsNet |
|
$ 1,771,145,456
|
|
| Holdings Count | Holding |
|
161
|
|
| Advisory Fees Paid, Amount |
|
$ 7,769,753
|
|
| InvestmentCompanyPortfolioTurnover |
|
34.10%
|
|
| Additional Fund Statistics [Text Block] |
|
- Net Assets$1,771,145,456
- Total Number of Portfolio Holdings161
- Portfolio Turnover Rate34.1%
- Total Advisory Fees Paid$7,769,753
|
|
| Holdings [Text Block] |
|
Table SummaryAsset Weighting | Percent of Net Assets |
|---|
Bonds | 98.24% |
|---|
Investment Companies | 2.17% |
|---|
Other Assets and Liabilities | (0.41)% |
|---|
Total Net Assets | 100.00% |
|---|
Table SummarySector | Percent of Net Assets |
|---|
Financial | 67.48% |
|---|
Utilities | 16.69% |
|---|
Energy | 11.12% |
|---|
Communications | 2.17% |
|---|
Money Market Funds | 2.17% |
|---|
Government | 0.78% |
|---|
Other Assets and Liabilities | (0.41)% |
|---|
Total Net Assets | 100.00% |
|---|
|
|
| Material Fund Change [Text Block] |
|
There were no material changes to the Fund for the period July 1, 2025 to June 30, 2026. For more complete information, you may review the Fund's most recent prospectus, which we expect to be effective by November 1 or upon request at www.PrincipalAM.com/ETFprospectuses.
|
|
| Updated Prospectus Web Address |
|
<span style="box-sizing: border-box; color: rgb(0, 0, 0); display: inline; flex-wrap: nowrap; font-size: 10.6667px; font-weight: 400; grid-area: auto; line-height: 16px; margin: 0px; overflow: visible; text-align: justify; text-align-last: left; white-space-collapse: preserve-breaks;">www.PrincipalAM.com/ETFprospectuses</span>
|
|
| Accountant Change Statement [Text Block] |
|
During the two most recent fiscal years or any subsequent interim period, there have been no changes in or disagreements with Accountants.
|
|
| C000193921 |
|
|
|
| Shareholder Report [Line Items] |
|
|
|
| Fund Name |
|
Principal U.S. Mega-Cap ETF
|
|
| Trading Symbol |
|
USMC
|
|
| Security Exchange Name |
|
NASDAQ
|
|
| Annual or Semi-Annual Statement [Text Block] |
|
This annual shareholder report contains important information about Principal U.S. Mega-Cap ETF (the "Fund") for the period of July 1, 2025 to June 30, 2026.
|
|
| Additional Information [Text Block] |
|
You can find additional information about the Fund at www.PrincipalAM.com/ETFprospectuses or you can request information by contacting us at 1-800-222-5852 or emailing prospectus@principalfunds.com.
|
|
| Material Fund Change Notice [Text Block] |
|
This report describes changes to the Fund that occurred during the reporting period.
|
|
| Additional Information Phone Number |
|
1-800-222-5852
|
|
| Additional Information Email |
|
<span style="box-sizing: border-box; color: rgb(0, 0, 0); display: inline; flex-wrap: nowrap; font-size: 10.6667px; font-weight: 400; grid-area: auto; line-height: 16px; margin: 0px; overflow: visible; text-align: left; text-align-last: auto; white-space-collapse: preserve-breaks;">prospectus@principalfunds.com</span>
|
|
| Additional Information Website |
|
<span style="box-sizing: border-box; color: rgb(0, 0, 0); display: inline; flex-wrap: nowrap; font-size: 10.6667px; font-weight: 400; grid-area: auto; line-height: 16px; margin: 0px; overflow: visible; text-align: left; text-align-last: auto; white-space-collapse: preserve-breaks;">www.PrincipalAM.com/ETFprospectuses</span>
|
|
| Expenses [Text Block] |
|
What were the Fund costs for the last year?(based on a hypothetical $10,000 investment) Table SummaryFund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
|---|
Principal U.S. Mega-Cap ETF | $13 | 0.12% |
|---|
|
|
| Expenses Paid, Amount |
|
$ 13
|
|
| Expense Ratio, Percent |
|
0.12%
|
|
| Factors Affecting Performance [Text Block] |
|
Management's Discussion of Fund PerformanceThe Fund seeks long-term growth of capital. Under normal circumstances, the Fund invests at least 80% of its net assets in equity securities of U.S. companies with very large ("mega") market capitalizations. For this Fund, companies with mega capitalizations are those with market capitalizations in the top 50th percentile of the S&P 500 Index ("Index") at time of purchase. The Fund’s investments underperformed the Index over the year. All eleven sectors in the Index posted positive returns, led by information technology and energy. Financials and consumer staples lagged during the year. Sandisk Corp., Western Digital Corp., and Micron Technology Inc. outperformed within the Index, while Trade Desk Inc., Fiserv Inc., and Gartner Inc. underperformed. High beta and high momentum stocks outperformed during the year, while high quality stocks underperformed. The Fund’s positioning in Micron Technology Inc., Johnson & Johnson, and Exxon Mobil Corp. contributed to performance. Positioning in Netflix Inc., Mastercard Inc., and Costco Wholesale Corp. detracted from performance. The Fund’s factor exposure to size and high momentum contributed to performance, while exposure to high quality and low beta detracted from performance.
|
|
| Performance Past Does Not Indicate Future [Text] |
|
Past performance is not a good predictor of the Fund's future performance.
|
|
| Line Graph [Table Text Block] |
|
Table Summary | Principal U.S. Mega-Cap ETF $33,896 | S&P 500 Index $33,813 |
|---|
10/17 | $10,000 | $10,000 |
|---|
12/17 | $10,495 | $10,508 |
|---|
03/18 | $10,224 | $10,428 |
|---|
06/18 | $10,480 | $10,786 |
|---|
09/18 | $11,457 | $11,618 |
|---|
12/18 | $10,313 | $10,047 |
|---|
03/19 | $11,522 | $11,418 |
|---|
06/19 | $11,973 | $11,910 |
|---|
09/19 | $12,174 | $12,112 |
|---|
12/19 | $13,124 | $13,211 |
|---|
03/20 | $10,856 | $10,622 |
|---|
06/20 | $12,647 | $12,804 |
|---|
09/20 | $13,899 | $13,947 |
|---|
12/20 | $15,218 | $15,641 |
|---|
03/21 | $15,734 | $16,607 |
|---|
06/21 | $16,987 | $18,027 |
|---|
09/21 | $17,327 | $18,132 |
|---|
12/21 | $19,241 | $20,131 |
|---|
03/22 | $18,537 | $19,206 |
|---|
06/22 | $15,923 | $16,113 |
|---|
09/22 | $14,757 | $15,326 |
|---|
12/22 | $15,895 | $16,485 |
|---|
03/23 | $17,546 | $17,721 |
|---|
06/23 | $19,319 | $19,270 |
|---|
09/23 | $19,023 | $18,640 |
|---|
12/23 | $20,915 | $20,819 |
|---|
03/24 | $22,973 | $23,017 |
|---|
06/24 | $24,341 | $24,003 |
|---|
09/24 | $25,645 | $25,415 |
|---|
12/24 | $27,156 | $26,028 |
|---|
03/25 | $25,685 | $24,916 |
|---|
06/25 | $28,368 | $27,642 |
|---|
09/25 | $30,976 | $29,888 |
|---|
12/25 | $31,229 | $30,682 |
|---|
03/26 | $29,341 | $29,352 |
|---|
06/26 | $33,896 | $33,813 |
|---|
|
|
| Average Annual Return [Table Text Block] |
|
Table SummaryName | 1-Year | 5-Years | Since Inception
October 11, 2017 |
|---|
Principal U.S. Mega-Cap ETF | 19.51% | 14.82% | 15.03% |
|---|
S&P 500 Index | 22.32% | 13.41% | 15.00% |
|---|
|
|
| Performance Inception Date |
|
Oct. 11, 2017
|
|
| Material Change Date |
|
|
Jun. 30, 2025
|
| AssetsNet |
|
$ 3,567,445,934
|
|
| Holdings Count | Holding |
|
27
|
|
| Advisory Fees Paid, Amount |
|
$ 3,934,896
|
|
| InvestmentCompanyPortfolioTurnover |
|
23.90%
|
|
| Additional Fund Statistics [Text Block] |
|
- Net Assets$3,567,445,934
- Total Number of Portfolio Holdings27
- Portfolio Turnover Rate23.9%
- Total Advisory Fees Paid$3,934,896
|
|
| Holdings [Text Block] |
|
Table SummaryAsset Weighting | Percent of Net Assets |
|---|
Common Stocks | 99.75% |
|---|
Investment Companies | 0.24% |
|---|
Other Assets and Liabilities | 0.01% |
|---|
Total Net Assets | 100.00% |
|---|
Table SummarySector | Percent of Net Assets |
|---|
Technology | 31.99% |
|---|
Financial | 19.42% |
|---|
Communications | 15.89% |
|---|
Consumer, Non-cyclical | 11.85% |
|---|
Consumer, Cyclical | 10.07% |
|---|
Industrial | 6.58% |
|---|
Energy | 3.95% |
|---|
Money Market Funds | 0.24% |
|---|
Other Assets and Liabilities | 0.01% |
|---|
Total Net Assets | 100.00% |
|---|
|
|
| Material Fund Change [Text Block] |
|
This is a summary of certain changes of the Fund since June 30, 2025. For more complete information, you may review the Fund's most recent prospectus, which we expect to be effective by November 1 or upon request at www.PrincipalAM.com/ETFprospectuses. Effective November 1, 2025, the Fund's management fees were changed. The management fee was reduced from 0.15% to 0.12%. Additionally on that date, the Fund's contractual expense limit of 0.12% expired.
|
|
| Material Fund Change Expenses [Text Block] |
|
Effective November 1, 2025, the Fund's management fees were changed. The management fee was reduced from 0.15% to 0.12%. Additionally on that date, the Fund's contractual expense limit of 0.12% expired.
|
|
| Summary of Change Legend [Text Block] |
|
This is a summary of certain changes of the Fund since June 30, 2025. For more complete information, you may review the Fund's most recent prospectus, which we expect to be effective by November 1 or upon request at www.PrincipalAM.com/ETFprospectuses.
|
|
| Updated Prospectus Web Address |
|
<span style="box-sizing: border-box; color: rgb(0, 0, 0); display: inline; flex-wrap: nowrap; font-size: 10.6667px; font-weight: 400; grid-area: auto; line-height: 16px; margin: 0px; overflow: visible; text-align: justify; text-align-last: left; white-space-collapse: preserve-breaks;">www.PrincipalAM.com/ETFprospectuses</span>
|
|
| Accountant Change Statement [Text Block] |
|
During the two most recent fiscal years or any subsequent interim period, there have been no changes in or disagreements with Accountants.
|
|
| C000173454 |
|
|
|
| Shareholder Report [Line Items] |
|
|
|
| Fund Name |
|
Principal U.S. Small-Cap ETF
|
|
| Trading Symbol |
|
PSC
|
|
| Security Exchange Name |
|
NASDAQ
|
|
| Annual or Semi-Annual Statement [Text Block] |
|
This annual shareholder report contains important information about Principal U.S. Small-Cap ETF (the "Fund") for the period of July 1, 2025 to June 30, 2026.
|
|
| Additional Information [Text Block] |
|
You can find additional information about the Fund at www.PrincipalAM.com/ETFprospectuses or you can request information by contacting us at 1-800-222-5852 or emailing prospectus@principalfunds.com.
|
|
| Additional Information Phone Number |
|
1-800-222-5852
|
|
| Additional Information Email |
|
<span style="box-sizing: border-box; color: rgb(0, 0, 0); display: inline; flex-wrap: nowrap; font-size: 10.6667px; font-weight: 400; grid-area: auto; line-height: 16px; margin: 0px; overflow: visible; text-align: left; text-align-last: auto; white-space-collapse: preserve-breaks;">prospectus@principalfunds.com</span>
|
|
| Additional Information Website |
|
<span style="box-sizing: border-box; color: rgb(0, 0, 0); display: inline; flex-wrap: nowrap; font-size: 10.6667px; font-weight: 400; grid-area: auto; line-height: 16px; margin: 0px; overflow: visible; text-align: left; text-align-last: auto; white-space-collapse: preserve-breaks;">www.PrincipalAM.com/ETFprospectuses</span>
|
|
| Expenses [Text Block] |
|
What were the Fund costs for the last year?(based on a hypothetical $10,000 investment) Table SummaryFund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
|---|
Principal U.S. Small-Cap ETF | $44 | 0.38% |
|---|
|
|
| Expenses Paid, Amount |
|
$ 44
|
|
| Expense Ratio, Percent |
|
0.38%
|
|
| Factors Affecting Performance [Text Block] |
|
Management's Discussion of Fund PerformanceThe Fund seeks long-term growth of capital. Under normal circumstances, the Fund invests at least 80% of its net assets in equity securities of U.S. companies with small market capitalizations. For this Fund, companies with small market capitalizations are those with market capitalizations within the range of companies comprising the Russell 2000 Index ("Index"). The Fund’s investments underperformed the Index over the year. All eleven sectors within the Index posted positive returns, led by information technology and healthcare, while consumer staples and utilities lagged. Erasca Inc., Terns Pharmaceuticals Inc., and Bloom Energy Corp. outperformed within the Index, while Trinseo PLC, zSpace Inc., and Sleep Number Corp. underperformed. High beta and high momentum stocks outperformed during the year, while high quality stocks underperformed. The Fund’s positioning in TTM Technologies Inc., Argan Inc., and DigitalOcean Holdings Inc. contributed to performance. Positioning in Dave Inc., Root Inc., and American Eagle Outfitters Inc. detracted from performance. The Fund’s factor exposure to high momentum and earnings yield contributed to performance. Exposure towards high quality and low beta, along with exposure away from book yield, detracted from performance. Stock selection within industrials, energy, and real estate contributed to performance, while selection in healthcare, information technology, and financials detracted.
|
|
| Performance Past Does Not Indicate Future [Text] |
|
Past performance is not a good predictor of the Fund's future performance.
|
|
| Line Graph [Table Text Block] |
|
 Table Summary | Principal U.S. Small-Cap ETF $31,446 | Russell 3000 Index $39,091 | Russell 2000 Index $27,710
|
|---|
09/16 | $10,000 | $10,000 | $10,000 |
|---|
09/16 | $10,050 | $10,034 | $10,061 |
|---|
12/16 | $11,074 | $10,457 | $10,950 |
|---|
03/17 | $11,377 | $11,057 | $11,220 |
|---|
06/17 | $11,606 | $11,390 | $11,496 |
|---|
09/17 | $12,160 | $11,911 | $12,148 |
|---|
12/17 | $12,562 | $12,666 | $12,554 |
|---|
03/18 | $12,612 | $12,584 | $12,543 |
|---|
06/18 | $13,599 | $13,074 | $13,515 |
|---|
09/18 | $14,310 | $14,005 | $13,999 |
|---|
12/18 | $11,387 | $12,002 | $11,171 |
|---|
03/19 | $12,785 | $13,688 | $12,800 |
|---|
06/19 | $12,941 | $14,248 | $13,068 |
|---|
09/19 | $12,646 | $14,414 | $12,754 |
|---|
12/19 | $13,558 | $15,725 | $14,022 |
|---|
03/20 | $8,962 | $12,439 | $9,729 |
|---|
06/20 | $11,423 | $15,178 | $12,202 |
|---|
09/20 | $11,755 | $16,576 | $12,804 |
|---|
12/20 | $15,370 | $19,010 | $16,821 |
|---|
03/21 | $18,648 | $20,216 | $18,957 |
|---|
06/21 | $19,886 | $21,882 | $19,771 |
|---|
09/21 | $19,348 | $21,860 | $18,909 |
|---|
12/21 | $20,347 | $23,888 | $19,314 |
|---|
03/22 | $19,037 | $22,627 | $17,860 |
|---|
06/22 | $16,342 | $18,848 | $14,789 |
|---|
09/22 | $15,874 | $18,006 | $14,466 |
|---|
12/22 | $17,100 | $19,300 | $15,367 |
|---|
03/23 | $17,535 | $20,685 | $15,788 |
|---|
06/23 | $18,562 | $22,420 | $16,609 |
|---|
09/23 | $17,949 | $21,691 | $15,758 |
|---|
12/23 | $20,268 | $24,309 | $17,968 |
|---|
03/24 | $21,858 | $26,745 | $18,899 |
|---|
06/24 | $21,265 | $27,605 | $18,280 |
|---|
09/24 | $23,009 | $29,325 | $19,975 |
|---|
12/24 | $22,782 | $30,097 | $20,041 |
|---|
03/25 | $21,578 | $28,676 | $18,142 |
|---|
06/25 | $23,731 | $31,827 | $19,684 |
|---|
09/25 | $25,426 | $34,430 | $22,123 |
|---|
12/25 | $25,840 | $35,257 | $22,608 |
|---|
03/26 | $25,659 | $33,862 | $22,809 |
|---|
06/26 | $31,446 | $39,091 | $27,710 |
|---|
|
|
| Average Annual Return [Table Text Block] |
|
Table SummaryName | 1-Year | 5-Years | Since Inception
September 21, 2016 |
|---|
Principal U.S. Small-Cap ETF | 32.54% | 9.58% | 12.43% |
|---|
Russell 3000 Index | 22.82% | 12.31% | 14.97% |
|---|
Russell 2000 Index | 40.78% | 6.98% | 10.99% |
|---|
|
|
| Performance Inception Date |
|
Sep. 21, 2016
|
|
| Performance Table Market Index Changed [Text Block] |
|
The Russell 3000 Index is the Fund's primary broad-based securities market index. The Russell 2000 Index is included as an additional index for the Fund as it shows how the Fund’s performance compares with the returns of an index of funds with similar investment objectives.
|
|
| AssetsNet |
|
$ 2,354,504,387
|
|
| Holdings Count | Holding |
|
509
|
|
| Advisory Fees Paid, Amount |
|
$ 5,725,027
|
|
| InvestmentCompanyPortfolioTurnover |
|
59.60%
|
|
| Additional Fund Statistics [Text Block] |
|
- Net Assets$2,354,504,387
- Total Number of Portfolio Holdings509
- Portfolio Turnover Rate59.6%
- Total Advisory Fees Paid$5,725,027
|
|
| Holdings [Text Block] |
|
Table SummaryAsset Weighting | Percent of Net Assets |
|---|
Common Stocks | 99.65% |
|---|
Investment Companies | 0.39% |
|---|
Other Assets and Liabilities | (0.04)% |
|---|
Total Net Assets | 100.00% |
|---|
Table SummarySector | Percent of Net Assets |
|---|
Consumer, Non-cyclical | 20.87% |
|---|
Industrial | 20.71% |
|---|
Financial | 20.67% |
|---|
Technology | 12.59% |
|---|
Consumer, Cyclical | 8.53% |
|---|
Communications | 5.38% |
|---|
Energy | 4.83% |
|---|
Basic Materials | 3.47% |
|---|
Utilities | 2.52% |
|---|
Money Market Funds | 0.39% |
|---|
Government | 0.08% |
|---|
Other Assets and Liabilities | (0.04)% |
|---|
Total Net Assets | 100.00% |
|---|
|
|
| Material Fund Change [Text Block] |
|
There were no material changes to the Fund for the period July 1, 2025 to June 30, 2026. For more complete information, you may review the Fund's most recent prospectus, which we expect to be effective by November 1 or upon request at www.PrincipalAM.com/ETFprospectuses.
|
|
| Updated Prospectus Web Address |
|
<span style="box-sizing: border-box; color: rgb(0, 0, 0); display: inline; flex-wrap: nowrap; font-size: 10.6667px; font-weight: 400; grid-area: auto; line-height: 16px; margin: 0px; overflow: visible; text-align: justify; text-align-last: left; white-space-collapse: preserve-breaks;">www.PrincipalAM.com/ETFprospectuses</span>
|
|
| Accountant Change Statement [Text Block] |
|
During the two most recent fiscal years or any subsequent interim period, there have been no changes in or disagreements with Accountants.
|
|
| C000166475 |
|
|
|
| Shareholder Report [Line Items] |
|
|
|
| Fund Name |
|
Principal Value ETF
|
|
| Trading Symbol |
|
PY
|
|
| Security Exchange Name |
|
NASDAQ
|
|
| Annual or Semi-Annual Statement [Text Block] |
|
This annual shareholder report contains important information about Principal Value ETF (the "Fund") for the period of July 1, 2025 to June 30, 2026.
|
|
| Additional Information [Text Block] |
|
You can find additional information about the Fund at www.PrincipalAM.com/ETFprospectuses or you can request information by contacting us at 1-800-222-5852 or emailing prospectus@principalfunds.com.
|
|
| Additional Information Phone Number |
|
1-800-222-5852
|
|
| Additional Information Email |
|
<span style="box-sizing: border-box; color: rgb(0, 0, 0); display: inline; flex-wrap: nowrap; font-size: 10.6667px; font-weight: 400; grid-area: auto; line-height: 16px; margin: 0px; overflow: visible; text-align: left; text-align-last: auto; white-space-collapse: preserve-breaks;">prospectus@principalfunds.com</span>
|
|
| Additional Information Website |
|
<span style="box-sizing: border-box; color: rgb(0, 0, 0); display: inline; flex-wrap: nowrap; font-size: 10.6667px; font-weight: 400; grid-area: auto; line-height: 16px; margin: 0px; overflow: visible; text-align: left; text-align-last: auto; white-space-collapse: preserve-breaks;">www.PrincipalAM.com/ETFprospectuses</span>
|
|
| Expenses [Text Block] |
|
What were the Fund costs for the last year?(based on a hypothetical $10,000 investment) Table SummaryFund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
|---|
Principal Value ETF | $16 | 0.15% |
|---|
|
|
| Expenses Paid, Amount |
|
$ 16
|
|
| Expense Ratio, Percent |
|
0.15%
|
|
| Factors Affecting Performance [Text Block] |
|
Management's Discussion of Fund PerformanceThe Fund seeks long-term growth of capital. Under normal circumstances, the Fund invests at least 80% of its net assets in equity securities of value companies. For this Fund, value companies are those (i) with market capitalizations within the range of companies comprising the S&P 500 Index and (ii) included within the S&P 500 Value Index ("Index"). Principal Global Investors, LLC ("PGI") uses a proprietary quantitative model designed to identify equity securities of mid- to large-capitalization companies in the S&P 500 Index that exhibit higher degrees of shareholder yield (meaning how much money a company distributes to shareholders through dividends and share repurchases). The Fund’s investments underperformed the Index over the year. Ten of the eleven sectors in the Index posted positive returns, led by information technology and energy. Communication services and consumer discretionary lagged during the year. Western Digital Corp., Seagate Technology Holdings PLC, and Intel Corp. outperformed within the Index, while Charter Communications Inc., CoStar Group Inc., and Intuit Inc. underperformed. High beta and high momentum stocks outperformed during the year, while high quality stocks underperformed. The Fund’s positioning in Caterpillar Inc., Dell Technologies Inc., and Invesco Ltd. contributed to performance. Positioning in Intuit Corp., Accenture PLC, and Salesforce Inc. detracted from performance. The Fund’s factor exposure to value oriented factors contributed to performance, while exposure to smaller size, lower momentum, and higher quality detracted from performance. Stock selection within consumer discretionary, financials, and healthcare contributed to performance. Selection in information technology, consumer staples, and industrials detracted from performance.
|
|
| Performance Past Does Not Indicate Future [Text] |
|
Past performance is not a good predictor of the Fund's future performance.
|
|
| Line Graph [Table Text Block] |
|
 Table Summary | Principal Value ETF $28,241 | S&P 500 Index $42,271 | S&P 500 Value Index $24,402
|
|---|
06/16 | $10,000 | $10,000 | $10,000 |
|---|
09/16 | $10,488 | $10,385 | $10,227 |
|---|
12/16 | $11,472 | $10,782 | $10,906 |
|---|
03/17 | $11,895 | $11,436 | $11,198 |
|---|
06/17 | $12,129 | $11,790 | $11,298 |
|---|
09/17 | $12,674 | $12,318 | $11,618 |
|---|
12/17 | $13,636 | $13,136 | $12,277 |
|---|
03/18 | $13,484 | $13,037 | $11,766 |
|---|
06/18 | $13,737 | $13,484 | $11,855 |
|---|
09/18 | $14,316 | $14,524 | $12,468 |
|---|
12/18 | $11,958 | $12,560 | $10,890 |
|---|
03/19 | $13,291 | $14,275 | $12,140 |
|---|
06/19 | $13,833 | $14,889 | $12,548 |
|---|
09/19 | $14,031 | $15,142 | $12,821 |
|---|
12/19 | $15,107 | $16,515 | $14,007 |
|---|
03/20 | $10,060 | $13,279 | $10,383 |
|---|
06/20 | $12,318 | $16,006 | $11,660 |
|---|
09/20 | $12,611 | $17,436 | $12,137 |
|---|
12/20 | $15,495 | $19,554 | $13,804 |
|---|
03/21 | $18,459 | $20,761 | $15,204 |
|---|
06/21 | $18,789 | $22,536 | $15,880 |
|---|
09/21 | $19,273 | $22,667 | $15,660 |
|---|
12/21 | $20,877 | $25,167 | $16,869 |
|---|
03/22 | $20,672 | $24,009 | $16,752 |
|---|
06/22 | $18,288 | $20,144 | $14,780 |
|---|
09/22 | $17,527 | $19,160 | $13,839 |
|---|
12/22 | $19,822 | $20,609 | $15,628 |
|---|
03/23 | $19,618 | $22,154 | $16,350 |
|---|
06/23 | $20,266 | $24,091 | $17,348 |
|---|
09/23 | $19,341 | $23,302 | $16,558 |
|---|
12/23 | $21,634 | $26,026 | $18,718 |
|---|
03/24 | $23,380 | $28,774 | $20,107 |
|---|
06/24 | $23,076 | $30,006 | $19,574 |
|---|
09/24 | $25,289 | $31,773 | $21,225 |
|---|
12/24 | $25,275 | $32,538 | $20,547 |
|---|
03/25 | $25,047 | $31,148 | $20,502 |
|---|
06/25 | $25,391 | $34,556 | $21,007 |
|---|
09/25 | $27,078 | $37,364 | $22,201 |
|---|
12/25 | $27,232 | $38,356 | $22,800 |
|---|
03/26 | $26,866 | $36,694 | $22,699 |
|---|
06/26 | $28,241 | $42,271 | $24,402 |
|---|
|
|
| Average Annual Return [Table Text Block] |
|
Table SummaryName | 1-Year | 5-Years | 10-Years |
|---|
Principal Value ETF | 11.32% | 7.77% | 10.94% |
|---|
S&P 500 Index | 22.32% | 13.41% | 15.51% |
|---|
S&P 500 Value Index | 16.16% | 8.97% | 9.33% |
|---|
|
|
| Performance Table Market Index Changed [Text Block] |
|
The S&P 500 Index is the Fund's primary broad-based securities market index. The S&P 500 Value Index is included as an additional index for the Fund as it shows how the Fund's performance compares with the returns of an index of funds with similar investment objectives.
|
|
| AssetsNet |
|
$ 221,514,977
|
|
| Holdings Count | Holding |
|
99
|
|
| Advisory Fees Paid, Amount |
|
$ 257,790
|
|
| InvestmentCompanyPortfolioTurnover |
|
95.40%
|
|
| Additional Fund Statistics [Text Block] |
|
- Net Assets$221,514,977
- Total Number of Portfolio Holdings99
- Portfolio Turnover Rate95.4%
- Total Advisory Fees Paid$257,790
|
|
| Holdings [Text Block] |
|
Table SummaryAsset Weighting | Percent of Net Assets |
|---|
Common Stocks | 99.51% |
|---|
Investment Companies | 0.35% |
|---|
Other Assets and Liabilities | 0.14% |
|---|
Total Net Assets | 100.00% |
|---|
Table SummarySector | Percent of Net Assets |
|---|
Consumer, Non-cyclical | 22.42% |
|---|
Technology | 20.90% |
|---|
Financial | 17.15% |
|---|
Communications | 11.13% |
|---|
Consumer, Cyclical | 10.48% |
|---|
Industrial | 9.00% |
|---|
Energy | 5.25% |
|---|
Utilities | 1.82% |
|---|
Basic Materials | 1.36% |
|---|
Money Market Funds | 0.35% |
|---|
Other Assets and Liabilities | 0.14% |
|---|
Total Net Assets | 100.00% |
|---|
|
|
| Material Fund Change [Text Block] |
|
There were no material changes to the Fund for the period July 1, 2025 to June 30, 2026. For more complete information, you may review the Fund's most recent prospectus, which we expect to be effective by November 1 or upon request at www.PrincipalAM.com/ETFprospectuses.
|
|
| Updated Prospectus Web Address |
|
<span style="box-sizing: border-box; color: rgb(0, 0, 0); display: inline; flex-wrap: nowrap; font-size: 10.6667px; font-weight: 400; grid-area: auto; line-height: 16px; margin: 0px; overflow: visible; text-align: justify; text-align-last: left; white-space-collapse: preserve-breaks;">www.PrincipalAM.com/ETFprospectuses</span>
|
|
| Accountant Change Statement [Text Block] |
|
During the two most recent fiscal years or any subsequent interim period, there have been no changes in or disagreements with Accountants.
|
|
|
|