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BYRE vs TMED

Principal Real Estate Active Opportunities ETF

BYRECNYSE Arca

T. Rowe Price Health Care ETF

TMEDANasdaq

Overlap

Expense ratio

TMED −0.16pt a year

BYRE0.60%TMED0.44%

Avg volume · 30D

TMED 2.7×the volume

BYRE3.11KTMED8.52K

BYRE vs TMED Performance

Nov 7, 2025 – Nov 9, 2026

+13.9%BYRE+24.9%TMED

Nov 7, 2025 to Nov 9, 2026. BYRE +13.9%. TMED +24.9%. Use the arrow keys to read each point.0%5%10%20%30%Nov 2025May 2026Nov 2026
Expense ratio
BYRE 0.60%
TMED 0.44%, better
Fund size
BYRE $28M
TMED $35M
1Y total return
BYRE +13.9%
TMED +24.9%, better
Yield (12M)
BYRE 2.71%
TMED No data
Holdings
BYRE 54
TMED 114
Avg volume (30D)
BYRE 3.11K sh
TMED 8.52K sh, better
NAV per share
BYRE $27.05
TMED $34.20
52W range

ETF.net Grade

BYRE: Cost 56, Risk 63, Mission not scored, Tradability 19, Holdings 73, Durability 55. TMED: Cost 82, Risk 61, Mission not scored, Tradability 61, Holdings 92, Durability 34.
Pillar letters and Scores for BYRE, TMED, with each pillar’s weight
PillarBYRETMED
Cost30% weightB56A82Higher
Mission25% weightNot scoredNot scored
Risk15% weightB63HigherB61
Tradability15% weightF19B61Higher
Holdings10% weightA73A92Higher
Durability5% weightB55HigherD34

Rank among US Active Sector funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. BYRE and TMED are both graded against the same 35 US Active Sector funds, so their Grades compare head to head.

US Active Sector⁠

Category · 35 funds
See all 35 ›

TMED ranks 2nd and BYRE 12th of 35 funds in the US Active Sector Category.

  1. Rank 1AAVREAvantis Real Estate ETFScore 77
  2. Rank 2APSRInvesco Active U.S. Real Estate ETFScore 71
  3. Rank 2ATMEDT. Rowe Price Health Care ETFScore 71
  4. Rank 4ATRUTVanEck Technology TruSector ETFScore 70
  5. Rank 10BPYZInvesco Dorsey Wright Basic Materials Momentum ETFScore 55
  6. Rank 12CBYREPrincipal Real Estate Active Opportunities ETFScore 52
  7. Rank 12CUSNGAmplify Samsung U.S. Natural Gas Infrastructure ETFScore 52

Our read on each fund

ETF.net Research

BYRECPrincipal Real Estate Active Opportunities ETF

TMEDAT. Rowe Price Health Care ETF

In short

BYRE Active 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.

TMED No data

Stated mandate

BYRE The Fund seeks total return.

TMED No data

Why people hold it

  • BYRE 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.

TMED No data

Worth knowing

  • BYRE 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.

TMED No data

Full BYRE profile⁠

Full TMED profile⁠

BYRE vs TMED Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

BYRE vs TMED Cost

Overpaying BYRE vs TMED

$2,965

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • BYRE 0.60%

    $11,817

  • TMED 0.44%

    $8,852

$10,000
30 years

Cost over time

  • BYRE 0.60%
  • TMED 0.44%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2.5K$5K$7.5K$10K$12.5K051015202530BYRE $11,817TMED $8,852

Year by year

YearBYRETMEDOverpaying
10$1,076$794$282
20$4,116$3,061$1,055
30$11,817$8,852$2,965

Expense ratio

  • 0.60%BYRE
  • 0.44%TMED, cheaper
  • Middle half of US Active Sector funds
  • Median 0.61%

TMED 7th cheapest of 35 funds

BYRE 15th cheapest of 35 funds

BYRE vs TMED Dividends

Last 12 months to Nov 9, 2026
Yield (12M)
BYRE 2.71%
TMED No data
Payout (12M)
BYRE $0.75
TMED No data
Last payment
BYRE $0.14
TMED $0.16
Ex-dividend
BYRE Oct 1, 2026
TMED Dec 23, 2025
Paid on
BYRE Oct 5, 2026
TMED Dec 26, 2025
Frequency
BYRE Quarterly
TMED Irregular

Distribution history

Per share, 2022 to 2026, same scale for both

BYREQuarterly · 18 paymentsAll BYRE payments⁠
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.$0$0.2520232026YTD
TMEDIrregular · 1 paymentAll TMED payments⁠
One bar per payment. 1 payment from 2022 to 2026 YTD. Dec 23, 2025 $0.16. Use the arrow keys to read each point.$0$0.2520232026YTD

BYRE vs TMED Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
BYRE 15.7%TMED 14.7%since Jul 2025
Return per unit of riskSharpe ratio, 3 years
BYRE 0.53TMED 1.50since Jul 2025
Worst fallMax drawdown, 5 years
BYRE −25.7%since May 2022TMED −11.1%since Jun 2025
Market sensitivityBeta, 5 years
BYRE 0.90TMED 0.46

Popular comparisons

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    Expense ratio
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    Category
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