---
ticker: "BYRE"
name: "Principal Real Estate Active Opportunities ETF"
url: "https://etf.net/etf/BYRE"
grade: "B"
score: 56
graded_at: "2026-10-12"
category: "US Active Sector"
category_rank: "10 of 35"
methodology: "https://etf.net/methodology"
---

# BYRE: Principal Real Estate Active Opportunities ETF

Grade **B**, Score 56 of 100. Rank 10 of 35 in US Active Sector.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 63 | 13 of 35 |
| Mission | Not scored | — |
| Risk | 63 | 7 of 35 |
| Tradability | 23 | 31 of 35 |
| Holdings | 76 | 7 of 35 |
| Durability | 54 | 19 of 35 |

## Top holdings

The fund holds 50 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | EQIX | Equinix Inc Reit USD.001 | 8.54% |
| 2 | WELL | Welltower Inc Reit USD1.0 | 8.46% |
| 3 | AMT | American Tower Corp Reit USD.01 | 7.23% |
| 4 | CCI | Crown Castle Inc Reit USD.01 | 5.09% |
| 5 | VTR | Ventas Inc Reit USD.25 | 4.38% |
| 6 | SBRA | Sabra Health Care Reit Inc Reit USD.01 | 4.33% |
| 7 | PLD | Prologis Inc Reit USD.01 | 4.28% |
| 8 | IRM | Iron Mountain Inc Reit USD.01 | 3.67% |
| 9 | EXR | Extra Space Storage Inc Reit USD.01 | 3.59% |
| 10 | GLPI | Gaming and Leisure Propertie Reit | 3.55% |
| 11 | ESS | Essex Property Trust Inc Reit USD.0001 | 3.44% |
| 12 | AMH | American Homes 4 Rent A Reit USD.01 | 3.34% |
| 13 | EGP | Eastgroup Properties Inc Reit | 3.02% |
| 14 | DLR | Digital Realty Trust Inc Reit USD.01 | 2.98% |
| 15 | REXR | Rexford Industrial Realty In Reit USD.01 | 2.46% |
| 16 | AHR | American Healthcare Reit Inc Reit USD.01 | 2.23% |
| 17 | DOC | Healthpeak Properties Inc Reit USD1.0 | 2.04% |
| 18 | SMA | Smartstop Self Storage Reit Reit | 1.90% |
| 19 | REG | Regency Centers Corp Reit USD.01 | 1.67% |
| 20 | RHP | Ryman Hospitality Properties Reit USD.01 | 1.66% |
| 21 | GVMXX | State Street Institutional Us State St Inst Us Gov Mm Prem | 1.62% |
| 22 | CUZ | Cousins Properties Inc Reit USD1.0 | 1.49% |
| 23 | SLG | Sl Green Realty Corp Reit USD.01 | 1.28% |
| 24 | GO-U.TO | Go Residential Real Est Reit | 1.17% |
| 25 | NHI | Natl Health Investors Inc Reit USD.01 | 1.11% |
| 26 | UIBU.SI | Ui Boustead Reit Reit | 1.09% |
| 27 | BNL | Broadstone Net Lease Inc Reit USD.00025 | 1.05% |
| 28 | BFS | Saul Centers Inc Reit USD.01 | 1.02% |
| 29 | CDP | Copt Defense Properties Reit USD.01 | 0.94% |
| 30 | MAC | Macerich Co/The Reit USD.01 | 0.93% |

Source: etf.net, https://etf.net/etf/BYRE. Please cite the page URL.