Amendment No. 1 to Distribution Agreement

This Amendment No. 1 to the Distribution Agreement (this “Amendment”), by and between Principal Exchange-Traded Funds, a Delaware statutory trust (the “Trust”), and ALPS Distributors, Inc., a Colorado corporation (“ALPS”), is dated as of April 18, 2018 (the “Effective Date”).

WHEREAS, the Trust and ALPS entered into a Distribution Agreement dated as of April 16, 2018, as amended (the “Agreement”); and

WHEREAS, the Trust and ALPS wish to amend the Agreement to reflect the addition of a Fund to be offered under the Trust.

NOW, THEREFORE, the parties hereby agree to amend the Agreement as follows:

1.Appendix A to Exhibit 1 of the Agreement is hereby deleted in its entirety and replaced with a new Appendix A attached hereto.

2.Except as specifically set forth herein, all other provisions of the Agreement shall remain in full force and effect. Any items not herein defined shall have the meaning ascribed to them in the Agreement.

IN WITNESS WHEREOF, the parties have executed this Amendment as of the Effective Date.

PRINCIPAL EXCHANGE-TRADED FUNDS		ALPS DISTRIBUTORS, INC.
By:	/s/ Layne A. Rasmussen	By:	/s/ Steven B. Price
Name:	Layne A. Rasmussen	Name:	Steven B. Price
Title:	Vice President	Title:	SVP & Director of Distribution Services
By:	/s/ Adam U. Shaikh
Name:	Adam U. Shaikh
Title:	Counsel

APPENDIX A

LIST OF FUNDS

Principal EDGE Active Income ETF

Principal Price Setters Index ETF

Principal Shareholder Yield Index ETF

Principal Healthcare Innovators Index ETF

Principal Millenials Index ETF

Principal U.S. Small Cap Multi-Factor Index ETF

Principal Active Global Dividend Income ETF

Principal Morley Short Duration Index ETF

Principal Spectrum Preferred Securities Active ETF

Principal Contrarian Value Index ETF

Principal Emerging Markets Multi-Factor Index ETF

Principal International Multi-Factor Index ETF

Principal Sustainable Momentum Index ETF

Principal U.S. Mega-Cap Multi-Factor Index ETF

Principal Investment Grade Corporate Active ETF