Principal U.S. Mega-Cap ETF Price & Performance (USMC)

The Principal U.S. Mega-Cap ETF (USMC) recently hit an RSI of 29.5, indicating it may be oversold compared to the S&P 500's RSI of 33.2. With shares trading at $57.67, closer to its 52-week low of $48.52, this could present a buying opportunity for investors.12

Recent market indicators, including the Fear & Greed Index and the VIX, suggest heightened caution among investors. Defensive ETFs, such as those focusing on low volatility or essential sectors, are gaining attention as tools to mitigate risk during this turbulent period.32

Large-cap ETFs continue to attract attention for their stability and potential for solid returns. Funds like the Invesco QQQ Trust and Vanguard Mega Cap Growth ETF offer exposure to top-performing companies, providing a balanced approach for both growth and risk-averse investors.45