Jun. 18, 2018 | ||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Principal Exchange-Traded Funds Supplement dated June 18, 2018 to the Statutory Prospectus dated November 1, 2017 (as supplemented December 15, 2017, January 30, 2018 and March 16, 2018) This supplement updates information currently in the Statutory Prospectus. Please retain this supplement for future reference. | ||||||||||||||||||||
Principal Exchange-Traded Funds | Principal EDGE Active Income ETF | ||||||||||||||||||||
PRINCIPAL EDGE ACTIVE INCOME ETF | ||||||||||||||||||||
Principal Investment Strategies - Fixed Income: | ||||||||||||||||||||
During the fiscal year ended June 30, 2017, the average ratings of the Fund’s fixed-income assets, based on market value at each month-end, were as follows (all ratings are by Moody’s):
|
Label | Element | Value | ||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Prospectus: | rr_ProspectusTable | |||||||||||||||||||||
Document Type | dei_DocumentType | 497 | ||||||||||||||||||||
Document Period End Date | dei_DocumentPeriodEndDate | Dec. 31, 2017 | ||||||||||||||||||||
Entity Registrant Name | dei_EntityRegistrantName | Principal Exchange-Traded Funds | ||||||||||||||||||||
Central Index Key | dei_EntityCentralIndexKey | 0001572661 | ||||||||||||||||||||
Amendment Flag | dei_AmendmentFlag | false | ||||||||||||||||||||
Document Creation Date | dei_DocumentCreationDate | Jun. 18, 2018 | ||||||||||||||||||||
Document Effective Date | dei_DocumentEffectiveDate | Jun. 18, 2018 | ||||||||||||||||||||
Prospectus Date | rr_ProspectusDate | Nov. 01, 2017 | ||||||||||||||||||||
Supplement [Text Block] | ck0001572661_SupplementTextBlock | Principal Exchange-Traded Funds Supplement dated June 18, 2018 to the Statutory Prospectus dated November 1, 2017 (as supplemented December 15, 2017, January 30, 2018 and March 16, 2018) This supplement updates information currently in the Statutory Prospectus. Please retain this supplement for future reference. |
||||||||||||||||||||
Principal Exchange-Traded Funds | Principal EDGE Active Income ETF | ||||||||||||||||||||||
Prospectus: | rr_ProspectusTable | |||||||||||||||||||||
Risk/Return [Heading] | rr_RiskReturnHeading | PRINCIPAL EDGE ACTIVE INCOME ETF | ||||||||||||||||||||
Strategy [Heading] | rr_StrategyHeading | Principal Investment Strategies - Fixed Income: | ||||||||||||||||||||
Strategy Narrative [Text Block] | rr_StrategyNarrativeTextBlock | During the fiscal year ended June 30, 2017, the average ratings of the Fund’s fixed-income assets, based on market value at each month-end, were as follows (all ratings are by Moody’s):
|
8CN]E..8MAI&C613S+ 'DBPHG
MG&I=1UH!\"CXFUU=4UC3A)M:TO[%L*/L(8U!:'A(Z0'GZ_K*D9I0^4MZ$$ 4
MYX?6GN(R5#OJ%U1MP(#QQ-=\=K5<0W/DF(E=0R^26IUM;\H]G/J,;WU
MP"2J5I>X1+&M;@J&,FY'XSE6,TKKUN8U/#N*EZ 8U*K+ X+]FEQFQ@="R0-0
M/Z%^+[T"5ZG7I]Q/>&%YY]GU,3Q7]__V[T "J8%L#@56:,X\7 /XY3[**L4U
M*]0@4;6#L4IZJ_&P2GJ#:;#*5^T@FB6K&-9VZ2XF=P,D56.S(9*RN=
^OR.4^
MA\0AT*1:NH($I$KMW17L:O<-F60 BWP@VY3TWU\[0)>/A%+B7-T7XI#Q.<>#
M9SP3OGS-XDA[![+7[K^NS]Z
MUOPT6,>0<,VC@#F$VH;PA?8K!+;49C2-M5\I79)7K.O;25H^B$BR?) ?4\Q
MRQAY8,$"8OR(MSN[YBI#I4_I..((1X)8-6G>(B5#7J
M7S!= G]*0LB^ YVE-)916#6*/D95H_[;"JC(C\E\YRY65?A%0#6:#QSR IBM
M::6=?8ZF/D,<
G,4<_#O\+/S[O$:P6 BCZL^E9FKRSP9
M>-5;%=%"/K)TI*U%6' &B+,6"":A[!9U*8$^8 6G1_ ,\LZ\7'J:C/.R[T'>
M9!S0IX;G9NC-2(0O]B_*F*;89?.[[49GC0QQK/8A)\@3AC#JEE4952S@G'+/
M!!G\\?C@T1-H8R]BGB?FO%=ZDCD9O_2MX[EG!F$FP#=O%^O?N\9*0>F5A,8"
MA%4SZZQ0-U1A6+. 9_%BHHWGB 9%AL[00;''59["QM4EG02ZZJ6 *+$>:4Q
M'4\Q)"6VQ-4C;89@-UI@@IN !<#$P"-+.'.'YS@)IZ7=@[!)J+P/_FHHZ41I
M_\CTDG*&8&$ U81RA^LF8?^T! ,\9(-]8N"1M9]Y:O0X":>UWX.P26B_#_YJ
M*.E$:?_9'!$QS9Y]#4%M,.*D@PS2?5<(JX K39+"CJS[K'.:QP@XK?EDJB:A
M^'3TU3""B5+[+]6Z_+5:EM]G=<>)$\PA4$Y:I!3@H-L+PFIO! F6KAR)R6.&I3]E*:?/A=&:5PP/*;VO52:6PX, M_Y
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MW/DJ(X2F Z7I)\^E4!H5+0K/F#*1&6.#8'2GD L8#B '%Q +EY$G@'>NQN61*3%STYP@]E2EX=H[RC'AZ-QSAOOUFV
M5\*]6?U2KM>S.HUF$%M$ ->:2,]\-Q\L) S9 )H<.H]#:TS;5S*J5=' RNC!
M)W1F =?K)
@E3)IL4Q'+&G8]14PH8 -56!P)$
MV)Q]'T^R*&U _1Q#B'+9I'=H;6HW2,-2\[XY7!X_^^'))1[@U#DT71:E]9+G
M4M@DXR@B]SJU/C0GFG,?[=8K';3-G%%Y*4$?5Z5+99,08_214Y7R88B1I/?3
MSLM@@L_W\^K>D3F]^IA@^DN[W_86_K^(Q,4S*.D J0G
MJ71S;7TCC#4\)3/,0FBEXH*113DM.//59CJ;%X[/G#((X */6IH8F02MVHAP
M[UFW[:+/@\]06">