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Principal Real Estate Active Opportunities ETF

BYRENYSE ArcaB

$26.10+0.05 (+0.20%)

As of Oct 13, 2026, 3:40 PM

Intraday session: up, 9 prints from 26.05 to 26.10. Range 25.95 to 26.15. Use the arrow keys to read each point.25.9526.0026.1510 AM12 PM2 PM4 PM
Expense ratio
0.60%
Fund size
$26M
1Y total return
+9.1%
Yield · Last 12 months
2.88%
Holdings
50
Avg volume · 30D
0M sh
NAV per share
$25.83
52W range
low $24.23high $28.58
Launched
Filings
SEC EDGAR

The ETF.net BYRE Grade

Based on 5 of 6 pillars

B

Score 56 out of 100

Rank
10 of 35
Six-pillar profile for BYRE. Scores out of 100: Cost 63, Risk 63, Mission not scored, Tradability 23, Holdings 76, Durability 54. Strongest: Holdings (76). Weakest: Tradability (23). Based on 5 of 6 pillars.

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 100
    Rank 13 of 35
  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored
  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    B63 out of 100
    Rank 7 of 35
  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    F23 out of 100
    Rank 31 of 35
  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    A76 out of 100
    Rank 7 of 35
  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C54 out of 100
    Rank 19 of 35

Our read on BYRE

ETF.net Research

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.

Stated mandate

The Fund seeks total return.

Why people hold it

  1. 01Roughly 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.
  2. 020.60% a year, which undercuts what the typical active US equity fund charges. Lean pricing for single-sector stock picking.
  3. 03Plain 1940 Act fund wrapper with quarterly distributions. A 1099 at tax time, not a K-1.

Worth knowing

  1. 01Small asset base and light volume. Spreads can widen and larger orders can move the price more than in a heavily traded fund.
  2. 02One sector, one country, about 50 names. Rate moves and property cycles hit the whole basket at once, with no diversification cushion.
  3. 03Launched in 2022, so the track record is short, and it sits in the lower half of our active US equity coverage.

BYRE Holdings

As of Oct 13, 2026
Asset class
Stocks
Holdings
50
Top-10 weight
53%
Largest holding
EQIX8.5%

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%
The fund’s holdings, weight-ordered — page 1 of 4.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001EQIXEquinix Inc Reit USD.0018.54%2,186$2M356
002WELLWelltower Inc Reit USD1.08.46%9,847$2M339
003AMTAmerican Tower Corp Reit USD.017.23%10,411$2M340
004CCICrown Castle Inc Reit USD.015.09%16,795$1M250
005VTRVentas Inc Reit USD.254.38%14,008$1M295
006SBRASabra Health Care Reit Inc Reit USD.014.33%59,978$1M134
007PLDPrologis Inc Reit USD.014.28%8,669$1M339
008IRMIron Mountain Inc Reit USD.013.67%8,407$963K263
009EXRExtra Space Storage Inc Reit USD.013.59%7,001$943K248
010GLPIGaming and Leisure Propertie Reit3.55%24,344$932K168
011ESSEssex Property Trust Inc Reit USD.00013.44%3,330$904K242
012AMHAmerican Homes 4 Rent A Reit USD.013.34%28,462$878K145
013EGPEastgroup Properties Inc Reit3.02%4,052$794K164
014DLRDigital Realty Trust Inc Reit USD.012.98%4,384$784K314
015REXRRexford Industrial Realty In Reit USD.012.46%17,589$646K146

Showing 1–15 of 50 holdings

BYRE Performance

Launched May 18, 2022

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
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$12,044
Oct 10, 2025 to Oct 12, 2026. BYRE $10,907. SPY $12,044. Use the arrow keys to read each point.$9,582$10,912$12,243Oct 2025Apr 2026Oct 2026

Oct 10, 2025 – Oct 12, 2026

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.

Trailing total return for BYRE. Periods over one year show the average yearly return.
PeriodBYRE
Year to date+8.8%
1 month−2.0%
3 months−4.1%
1 year+9.1%
3 yearsper year+10.4%
5 yearsFund is under 5 years oldper year—
10 yearsFund is under 10 years oldper year—

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for BYRE
YearReturn barBYRE
2026 YTD+8.8%
2025+2.3%
2024+4.2%
2023+10.8%
2022−9.0%

History from May 19, 2022

BYRE in the news

Filtered to BYRE · US Active Sector

BYRE Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 12, 2026.
2.88%Last 12 months
Payout per share
$0.75Last 12 months
Last payment
$0.14 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2022–2026

One bar per payment. 18 payments from 2022 to 2026 YTD. Jul 1, 2022 $0.12; Oct 3, 2022 $0.07; Dec 28, 2022 $0.22; Apr 3, 2023 $0.17; Jul 3, 2023 $0.15; Oct 2, 2023 $0.14; Dec 27, 2023 $0.18; Apr 1, 2024 $0.12; Jul 1, 2024 $0.15; Oct 1, 2024 $0.11; Dec 27, 2024 $0.18; Apr 1, 2025 $0.16; Jul 1, 2025 $0.18; Oct 1, 2025 $0.13; Dec 29, 2025 $0.20; Apr 1, 2026 $0.16; Jul 1, 2026 $0.25; Oct 1, 2026 $0.14. Use the arrow keys to read each point.20222023202420252026YTD
Ex-datePay dateAmount per share
Oct 1, 2026Oct 5, 2026$0.14
Jul 1, 2026Jul 6, 2026$0.25
Apr 1, 2026Apr 6, 2026$0.16
Dec 29, 2025Dec 31, 2025$0.20
Oct 1, 2025Oct 3, 2025$0.13
Jul 1, 2025Jul 3, 2025$0.18
Apr 1, 2025Apr 3, 2025$0.16
Dec 27, 2024Dec 31, 2024$0.18
Oct 1, 2024Oct 3, 2024$0.11
Jul 1, 2024Jul 3, 2024$0.15
Apr 1, 2024Apr 4, 2024$0.12
Dec 27, 2023Jan 2, 2024$0.18

BYRE Risk

How much the fund’s monthly returns vary, scaled to a year.
15.8%
Annualised · 36 months to Sep 2026
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.

Return above 3-month US Treasury bills per unit of volatility.
0.38
vs 3-month T-bills · to Sep 2026
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.

The largest fall from a peak to the low that followed.
−25.7%
52 months · trough Oct 2023
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.

How strongly the fund’s returns move with its asset-class index.
0.91
vs its asset-class index
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

Expense ratio0.60%
  • The middle half of US Active Sector funds
  • Median 0.65%

12 of the 35 US Active Sector funds charge less.

BYRE costs $60.00 a year on $10,000. The median US Active Sector fund costs $65.00.

Other funds in US Active Sector