Principal Real Estate Active Opportunities ETF
$26.10+0.05 (+0.20%)
- 0.60%
- $26M
- +9.1%
- 2.88%
- 0M sh
- $25.83
- low $24.23high $28.58
The ETF.net BYRE Grade
B
Score 56 out of 100
- 10 of 35
Score 56 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.B63 out of 100Rank 13 of 35Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B63 out of 100Rank 7 of 35Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.F23 out of 100Rank 31 of 35Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A76 out of 100Rank 7 of 35Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C54 out of 100Rank 19 of 35
Our read on BYRE
BActive US real estate: about 50 names hand-picked instead of a whole REIT index, priced under what the typical active equity fund charges. Small and thinly traded, so it's a niche tool rather than a crowd favorite.
The Fund seeks total return.
Why people hold it
- Roughly 50 US real estate stocks, actively chosen rather than index-assigned. A concentrated way to own the sector, aimed at total return: income plus price.
- 0.60% a year, which undercuts what the typical active US equity fund charges. Lean pricing for single-sector stock picking.
- Plain 1940 Act fund wrapper with quarterly distributions. A 1099 at tax time, not a K-1.
Worth knowing
- Small asset base and light volume. Spreads can widen and larger orders can move the price more than in a heavily traded fund.
- One sector, one country, about 50 names. Rate moves and property cycles hit the whole basket at once, with no diversification cushion.
- Launched in 2022, so the track record is short, and it sits in the lower half of our active US equity coverage.
BYRE Holdings
- Stocks
- 50
- 53%
- EQIX
Sectors
- Real Estate97.0%
- Financials1.6%
- Technology0.8%
- Health Care0.3%
- Industrials0.3%
Geography
- United States93.40%
- Australia1.36%
- France1.32%
- Singapore1.29%
- Canada1.02%
- Belgium0.59%
- Bermuda0.53%
- Netherlands0.50%
BYRE Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.
BYRE$10,907
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | BYRE |
|---|---|
| Year to date | +8.8% |
| 1 month | −2.0% |
| 3 months | −4.1% |
| 1 year | +9.1% |
| 3 years | +10.4% |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | BYRE |
|---|---|---|
| 2026 YTD | +8.8% | |
| 2025 | +2.3% | |
| 2024 | +4.2% | |
| 2023 | +10.8% | |
| 2022 | −9.0% |
BYRE in the news
BYRE Dividends
- 2.88%
- $0.75
- $0.14 per share
- Quarterly
Distribution history
BYRE Risk
- 15.8%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.38
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −25.7%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.91
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
BYRE Cost
0.60%
BYRE0.60%
- The middle half of US Active Sector funds
- Median 0.65%
12 of the 35 US Active Sector funds charge less.
Other funds in US Active Sector
- BFPROFidelity Real Estate Investment ETFExpense ratio 0.57%1 year return +9.7%
- BUSNGAmplify Samsung U.S. Natural Gas Infrastructure ETFExpense ratio 0.59%1 year return +33.6%
- CJTEKJPMorgan U.S. Tech Leaders ETFExpense ratio 0.65%1 year return +16.7%
- CEIPIFT Energy Income Partners Enhanced Income ETFExpense ratio 1.11%1 year return +22.3%
- CREITALPS Active REIT ETFExpense ratio 0.68%1 year return +13.8%