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LCAPvsFQALETF Comparison

ETF 1

LCAP

Principal Capital Appreciation Select ETF

This fund is part of

US Multi-Factor

+0.96%

Full LCAP fund page

VS

ETF 2

FQAL

Fidelity Quality Factor ETF

This fund is part of

US Multi-Factor

+0.96%

Full FQAL fund page

Principal Capital Appreciation Select ETF (LCAP) and Fidelity Quality Factor ETF (FQAL) belong to the same industry segment: US Multi-Factor. LCAP's top 3 sector exposures are Information Technology, Financials and Health Care. In contrast, FQAL's top sector exposures are Information Technology, Consumer Discretionary and Financials. LCAP is more expensive with a Total Expense Ratio (TER) of 0.29%, versus 0.15% for FQAL. LCAP is up 5.38% year-to-date (YTD) with +$58M in YTD flows. FQAL performs worse with 3.7% YTD performance, and +$157M in YTD flows. Run a side-by-side ETF comparison of LCAP and FQAL below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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LCAP vs FQAL performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 04/15/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	LCAP FQAL	+5.17%+5.02%	+3.32%+4.25%	+5.38%+3.70%	+29.75%+30.21%	n/a+69.56%	n/a+75.46%
Flows	LCAP FQAL	+$51M+$138M	+$57M+$157M	+$58M+$157M	+$228M+$119M	-+$671M	-+$764M

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	LCAP FQAL	+14.92%+14.38%	+12.84%+12.27%	n/a+14.06%	n/a+16.30%
Max drawdown	LCAP FQAL	-7.86%-8.44%	-7.86%-8.44%	n/a-16.70%	n/a-25.39%
Max drawdown duration	LCAP FQAL	47d50d	47d50d	n/a126d	n/a750d

Trading data

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	LCAP	FQAL
Last sale 4/17/2026 at 1:30 PM	$31.54	$78.15
Previous close 04/16/2026	$31.15	$77.24
Consolidated volume 04/16/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of March 31, 2026

1-year trailing difference

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LCAP

is actively managed and doesn’t replicate an index

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	LCAP	FQAL
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 4/17/2026 at 1:30 PM

Live

Closed

	LCAP	FQAL
Last price	$31.54	$78.15
1D performance	+1.25%	+1.18%
AuM	$254.10 M	$1.36 B
E/R	0.29%	0.15%

Characteristics

	LCAP	FQAL
Management strategy	Active	Passive
Provider	Principal Global Investors	Fidelity
Benchmark	-	Fidelity U.S. Quality Factor Index
N° of holdings	51	119
Asset class	-	Equities
Trailing 12m distribution yield	Join	Join
Inception date	March 25, 2025	September 12, 2016
ESG	No	No

More LCAP data on Trackinsight

More FQAL data on Trackinsight

Exposure

Countries

LCAP

USA

94.23%

Other

5.77%

FQAL

USA

97.94%

Other

2.06%

Sectors

LCAP

Information Techn.

29.17%

Financials

9.93%

Health Care

9.5%

Communication Ser.

9.19%

Consumer Discreti.

9%

Industrials

7.11%

Other

26.11%

FQAL

Information Techn.

34.27%

Consumer Discreti.

10.08%

Financials

9.93%

Communication Ser.

9.71%

Health Care

9.7%

Industrials

9.31%

Other

16.99%

Diversification

LCAP

Total weight of top 15 holdings out of 15

51.63%

FQAL

Total weight of top 15 holdings out of 15

43.06%

Top 15 holdings

Data as of February 28, 2026

LCAP

NVIDIA

7.17%

APPLE

6.08%

ALPHABET INC-CL

5.02%

MICROSOFT-T

4.46%

AMAZON.COM INC

3.10%

CASEYS GENERAL STORES

3.02%

MCKESSON

2.92%

JPMORGAN CHASE

2.86%

VISA INCORPORATION

2.57%

US5128073062

2.53%

EXXON

2.46%

BROADCOM LIMITED

2.43%

TJX

2.39%

THERMO FISHER SCIENTIFIC

2.38%

MARATHON PETROLEUM

2.24%

FQAL

NVIDIA

7.96%

APPLE

6.80%

ALPHABET INC-CL

5.19%

MICROSOFT-T

5.14%

BROADCOM LIMITED

3.06%

META PLATFORMS

2.39%

JPMORGAN CHASE

1.82%

LILLY

1.71%

JOHNSON&JOHNSON

1.39%

HOME DEPOT

1.38%

VISA INCORPORATION

1.35%

APPLIED MATERIAL

1.28%

MCDONALD'S

1.23%

US5128073062

1.20%

MASTERCARD

1.16%

Frequently asked questions about LCAP and FQAL

How have the LCAP and FQAL ETFs performed in 2026?

As of April 15, 2026, LCAP is up 5.38% year-to-date (YTD), while FQAL has returned 3.7%. That puts LCAP better performer ahead so far this year.

Which ETF is attracting more investor money: LCAP or FQAL?

Year-to-date, the LCAP ETF saw +$58M in flows, compared to +$157M for FQAL.

Which ETF is more volatile: LCAP or FQAL?

Over the past year, LCAP had a volatility of 12.84%, while FQAL experienced 12.27%.

Which ETF is bigger: LCAP or FQAL?

As of April 15, 2026, LCAP holds $254.10 M in assets under management (AUM), while FQAL manages $1.36 B.

What sectors do the LCAP and FQAL ETFs invest in?

LCAP leans toward sectors like Information Technology, Financials and Health Care. Meanwhile, FQAL focuses on Information Technology, Consumer Discretionary and Financials.

What are the top holdings of the LCAP ETF and FQAL ETF?

LCAP top holdings include NVIDIA, APPLE and ALPHABET INC-CL. FQAL holds in its top three: NVIDIA, APPLE and ALPHABET INC-CL.

Which ETF is more diversified: LCAP or FQAL?

LCAP holds 54 securities with 51.63% of its assets in the top 15. FQAL has 123 securities and a top 15 weight of 43.06%.

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June 15, 2022

FQAL

LCAPvsFQALETF Comparison

Principal Capital Appreciation Select ETF

Fidelity Quality Factor ETF

LCAP vs FQAL performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the LCAP and FQAL ETFs performed in 2026?

As of April 15, 2026, LCAP is up 5.38% year-to-date (YTD), while FQAL has returned 3.7%. That puts LCAP better performer ahead so far this year.

Which ETF is attracting more investor money: LCAP or FQAL?

Year-to-date, the LCAP ETF saw +$58M in flows, compared to +$157M for FQAL.

Which ETF is more volatile: LCAP or FQAL?

Over the past year, LCAP had a volatility of 12.84%, while FQAL experienced 12.27%.

Which ETF is bigger: LCAP or FQAL?

As of April 15, 2026, LCAP holds $254.10 M in assets under management (AUM), while FQAL manages $1.36 B.

What sectors do the LCAP and FQAL ETFs invest in?

LCAP leans toward sectors like Information Technology, Financials and Health Care. Meanwhile, FQAL focuses on Information Technology, Consumer Discretionary and Financials.

What are the top holdings of the LCAP ETF and FQAL ETF?

LCAP top holdings include NVIDIA, APPLE and ALPHABET INC-CL. FQAL holds in its top three: NVIDIA, APPLE and ALPHABET INC-CL.

Which ETF is more diversified: LCAP or FQAL?

LCAP holds 54 securities with 51.63% of its assets in the top 15. FQAL has 123 securities and a top 15 weight of 43.06%.

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