Principal US Large-Cap Adaptive Multi-Factor ETF

PLRG

Principal Funds

Principal US Large-Cap Adaptive Multi-Factor ETF (PLRG) on the Akinda fund screen (AAOIFI-derived): Not halal. Coverage 96.19%. Below: the fund under all five rulebooks, its facts and every holding with its own verdict.

Akinda fund screen

Akinda fund screen (AAOIFI-derived)Not halalCoverage: 96.19%

Halal 59.53%
Doubtful 11.08%
Not halal 25.57%
Not rated 3.81%

The bar is scaled to fit; the figures are as reported, and the buckets do not always total 100%.

Coverage is the share of the fund's weight we hold a usable verdict for. Below 95%, a fund is rated only when the weight we can see already breaches the 5% limit; otherwise it is not rated by this method.

Fund facts

Issuer: Principal Funds
Venue (where it trades): United States
Domicile (where it is registered): United States
Reporting currency: USD
Expense ratio: 0.15%
AUM: 6.35M USD
Holdings: 442 (413 screened)
Basket as of (provider): 13 Oct 2023
Basket fetched by Akinda: 2 Nov 2026
Verdict updated: 3 Nov 2026

Venue is where a fund trades; domicile is where it is registered. London-listed funds are domiciled in Ireland or Luxembourg, so use Venue for UK ETFs.

Five rulebooks

Rulebook	Verdict	Halal	Not halal
Akinda fund screen (AAOIFI)	Not halal	59.53%	25.57%
DJIM	Not halal	61.12%	27.66%
FTSE	Not halal	47.34%	42.39%
MSCI	Not halal	47.44%	42.28%
S&P	Not halal	61.44%	27.35%

Every bar uses the same 0–100% scale. Index rulebooks report only halal and not-halal weight; uncoloured weight is weight that rulebook does not classify. Coverage is published for the Akinda fund screen only.

The fund screen and the four index rulebooks answer different questions, so they are expected to disagree. A fund can be doubtful on our fund screen and halal under S&P; both are correct.

Holdings

1–50 of 442 holdings, largest first · basket as of 13 Oct 2023

No.	Holding	Weight	Akinda (AAOIFI)	DJIM	FTSE	MSCI	S&P
No.	Holding	Weight	Akinda (AAOIFI)	DJIM	FTSE	MSCI	S&P
1	AAPLAPPLE INC COMMON STOCK USD.00001	7.29%	Halal	Halal	Halal	Halal	Halal
2	MSFTMICROSOFT CORP COMMON STOCK USD.00000625	6.74%	Halal	Halal	Halal	Halal	Halal
3	AMZNAMAZON.COM INC COMMON STOCK USD.01	3.20%	Halal	Halal	Halal	Halal	Halal
4	NVDANVIDIA CORP COMMON STOCK USD.001	3.14%	Halal	Halal	Halal	Halal	Halal
5	GOOGLALPHABET INC CL A COMMON STOCK USD.001	2.28%	Doubtful	Not rated	Not rated	Not rated	Not rated
6	GOOGALPHABET INC CL C COMMON STOCK USD.001	2.00%	Doubtful	Not rated	Not rated	Not rated	Not rated
7	METAMETA PLATFORMS INC CLASS A COMMON STOCK USD.000006	1.99%	Halal	Halal	Halal	Halal	Halal
8	TSLATESLA INC COMMON STOCK USD.001	1.93%	Halal	Halal	Halal	Halal	Halal
9	UNHUNITEDHEALTH GROUP INC COMMON STOCK USD.01	1.34%	Not halal	Not halal	Not halal	Not halal	Not halal
10	LLYELI LILLY & CO COMMON STOCK	1.29%	Halal	Halal	Not halal	Not halal	Halal
11	XOMEXXON MOBIL CORP COMMON STOCK	1.19%	Halal	Halal	Halal	Halal	Halal
12	JPMJPMORGAN CHASE & CO COMMON STOCK USD1.0	1.16%	Not halal	Not halal	Not halal	Not halal	Not halal
13	BRK.BBERKSHIRE HATHAWAY INC CL B COMMON STOCK USD.0033	1.02%	Not rated	Not rated	Not rated	Not rated	Not rated
14	VVISA INC CLASS A SHARES COMMON STOCK USD.0001	0.92%	Halal	Not halal	Not halal	Not halal	Not halal
15	MRKMERCK & CO. INC. COMMON STOCK USD.5	0.85%	Halal	Halal	Not halal	Not halal	Halal
16	ABBVABBVIE INC COMMON STOCK USD.01	0.84%	Halal	Halal	Not halal	Not halal	Halal
17	MAMASTERCARD INC A COMMON STOCK USD.0001	0.79%	Doubtful	Not halal	Not halal	Not halal	Not halal
18	WMTWALMART INC COMMON STOCK USD.1	0.77%	Halal	Halal	Halal	Halal	Halal
19	CSCOCISCO SYSTEMS INC COMMON STOCK USD.001	0.76%	Halal	Halal	Halal	Halal	Halal
20	JNJJOHNSON & JOHNSON W/D COMMON STOCK USD1.0	0.74%	Halal	Halal	Halal	Halal	Halal
21	AVGOBROADCOM INC COMMON STOCK	0.73%	Halal	Halal	Not halal	Not halal	Halal
22	HDHOME DEPOT INC COMMON STOCK USD.05	0.72%	Halal	Halal	Not halal	Not halal	Halal
23	CVXCHEVRON CORP COMMON STOCK USD.75	0.67%	Halal	Halal	Halal	Halal	Halal
24	PGPROCTER & GAMBLE CO/THE COMMON STOCK	0.57%	Halal	Halal	Halal	Halal	Halal
25	PEPPEPSICO INC COMMON STOCK USD.017	0.51%	Halal	Halal	Not halal	Not halal	Halal
26	KOCOCA COLA CO/THE COMMON STOCK USD.25	0.48%	Halal	Halal	Not halal	Not halal	Halal
27	LINLINDE PLC COMMON STOCK	0.45%	Halal	Halal	Halal	Halal	Halal
28	PFEPFIZER INC COMMON STOCK USD.05	0.43%	Not halal	Not halal	Halal	Halal	Not halal
29	ACNACCENTURE PLC CL A COMMON STOCK USD.0000225	0.43%	Doubtful	Not rated	Not rated	Not rated	Not rated
30	AMGNAMGEN INC COMMON STOCK USD.0001	0.40%	Not halal	Not halal	Not halal	Not halal	Not halal
31	LMTLOCKHEED MARTIN CORP COMMON STOCK USD1.0	0.40%	Doubtful	Halal	Not halal	Not halal	Halal
32	DEDEERE & CO COMMON STOCK USD1.0	0.39%	Not halal	Not halal	Not halal	Not halal	Not halal
33	LRCXLAM RESEARCH CORP COMMON STOCK USD.001	0.38%	Halal	Halal	Halal	Halal	Halal
34	MCKMCKESSON CORP COMMON STOCK USD.01	0.36%	Halal	Halal	Halal	Halal	Halal
35	TXNTEXAS INSTRUMENTS INC COMMON STOCK USD1.0	0.36%	Halal	Halal	Not halal	Not halal	Halal
36	COPCONOCOPHILLIPS COMMON STOCK USD.01	0.35%	Halal	Halal	Halal	Halal	Halal
37	NFLXNETFLIX INC COMMON STOCK USD.001	0.35%	Not halal	Not halal	Not halal	Not halal	Not halal
38	CATCATERPILLAR INC COMMON STOCK USD1.0	0.35%	Halal	Halal	Not halal	Not halal	Halal
39	VZVERIZON COMMUNICATIONS INC COMMON STOCK USD.1	0.33%	Not halal	Not halal	Not halal	Not halal	Not halal
40	NOCNORTHROP GRUMMAN CORP COMMON STOCK USD1.0	0.33%	Doubtful	Halal	Not halal	Not halal	Halal
41	KLACKLA CORP COMMON STOCK USD.001	0.33%	Halal	Halal	Halal	Halal	Halal
42	COSTCOSTCO WHOLESALE CORP COMMON STOCK USD.005	0.32%	Halal	Halal	Halal	Halal	Halal
43	GEGENERAL ELECTRIC CO COMMON STOCK USD.01	0.32%	Doubtful	Halal	Not halal	Not halal	Halal
44	MPCMARATHON PETROLEUM CORP COMMON STOCK USD.01	0.31%	Not halal	Not halal	Not halal	Not halal	Not halal
45	BMYBRISTOL MYERS SQUIBB CO COMMON STOCK USD.1	0.31%	Not halal	Not halal	Not halal	Not halal	Not halal
46	ORLYO REILLY AUTOMOTIVE INC COMMON STOCK USD.01	0.31%	Halal	Halal	Not halal	Not halal	Halal
47	HUMHUMANA INC COMMON STOCK USD.1666666	0.31%	Not halal	Not halal	Not halal	Not halal	Not halal
48	GSGOLDMAN SACHS GROUP INC COMMON STOCK USD.01	0.31%	Not halal	Not halal	Not halal	Not halal	Not halal
49	ADPAUTOMATIC DATA PROCESSING COMMON STOCK USD.1	0.31%	Not halal	Not halal	Not halal	Not halal	Not halal
50	ELVELEVANCE HEALTH INC COMMON STOCK USD.01	0.30%	Not halal	Not halal	Not halal	Not halal	Not halal

...

Not rated means we hold no usable verdict for that company; it is never treated as compliant.

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