BYRE - ETF AI Analysis
Top Page
Principal Real Estate Active Opportunities ETF (BYRE)
Rating:62Neutral
Price Target:―
Positive Factors
Strong Recent Performance
The ETF has shown strong gains so far this year and over the last few months, indicating positive momentum in its strategy.
Leading Real Estate Holdings
Several of the largest positions, such as Welltower, Equinix, Ventas, Prologis, Sabra Healthcare REIT, Iron Mountain, and Extra Space Storage, have delivered strong year-to-date results that support the fund’s overall performance.
Global Real Estate Exposure
While most assets are in the U.S., the fund also invests in real estate companies across multiple countries, adding some international diversification.
Negative Factors
High Sector Concentration
With the vast majority of assets in real estate, the ETF is heavily exposed to downturns in the property market and related economic conditions.
Mixed Performance Among Top Holdings
Some major positions like American Tower, Crown Castle, and Gaming and Leisure have shown weak or negative year-to-date performance, which can drag on overall returns.
Relatively High Expense Ratio
The fund’s expense ratio is on the higher side for an ETF, meaning more of the gross return is eaten up by fees.
BYRE vs. SPDR S&P 500 ETF (SPY)
AUM25.85M
RegionNorth America
Expense Ratio0.60%
Beta0.36
IssuerPrincipal
Inception DateMay 18, 2022
Dividend Yield2.89%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume3,313
30 Day Avg. Volume2,859
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
30.91Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering45
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
BYRE Summary
BYRE is the Principal Real Estate Active Opportunities ETF, focused on real estate companies rather than following a traditional stock index. It mainly invests in U.S. real estate businesses across areas like healthcare facilities, data centers, cell towers, warehouses, and storage. Well-known holdings include Equinix and American Tower. Investors might consider BYRE for income and diversification, since real estate can offer rent-based cash flows and behave differently from regular stocks. However, it is heavily tied to the real estate market, so its value can go up or down with property prices, interest rates, and economic conditions.
How much will it cost me?The Principal Real Estate Active Opportunities ETF (BYRE) has an expense ratio of 0.6%, which means you’ll pay $6 per year for every $1,000 invested. This is higher than average because the fund is actively managed, allowing professional managers to make dynamic investment decisions in the real estate sector.
What would affect this ETF?The BYRE ETF, with its focus on U.S. real estate, could benefit from trends like rising demand for residential and commercial properties or favorable interest rate cuts that make borrowing cheaper for real estate companies. However, it may face challenges from higher interest rates, economic slowdowns, or regulatory changes impacting property development and management. The ETF's reliance on top holdings like American Tower and Ventas means its performance could also be influenced by company-specific factors in the real estate sector.
BYRE Top 10 Holdings
BYRE is firmly anchored in U.S. real estate, with a clear tilt toward specialized REITs. Data-center giant Equinix and storage-focused Iron Mountain have been rising this year, helping power returns even as their short-term momentum looks a bit tired. Healthcare names like Welltower and Ventas are steady contributors, benefiting from aging demographics. On the flip side, tower REITs such as Crown Castle are clearly lagging and dragging on performance, while Prologis has seen mixed recent trading. Overall, the fund is concentrated in niche property plays rather than broad market exposure.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Welltower | 8.61% | $2.23M | $166.76B | 32.21% | 77 Outperform | |
| Equinix | 8.33% | $2.16M | $99.47B | 29.34% | 73 Outperform | |
| American Tower | 6.65% | $1.73M | $78.76B | -13.65% | 71 Outperform | |
| Ventas | 4.59% | $1.19M | $45.40B | 25.78% | 68 Neutral | |
| Sabra Healthcare REIT | 4.50% | $1.17M | $5.07B | 6.67% | 77 Outperform | |
| Prologis | 4.36% | $1.13M | $128.96B | 15.93% | 76 Outperform | |
| Crown Castle | 4.31% | $1.12M | $28.86B | -30.24% | 45 Neutral | |
| Gaming and Leisure | 3.57% | $925.80K | $11.28B | -17.58% | 72 Outperform | |
| Iron Mountain | 3.54% | $917.99K | $33.16B | 10.66% | 55 Neutral | |
| Extra Space Storage | 3.53% | $915.31K | $29.42B | -6.91% | 66 Neutral |
BYRE Technical Analysis
Negative
―
Price Trends
27.19
Negative
27.19
Negative
26.25
Negative
Market Momentum
-0.38
Positive
26.13
Positive
5.44
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For BYRE, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 26.47, equal to the 50-day MA of 27.19, and equal to the 200-day MA of 26.25, indicating a bearish trend. The MACD of -0.38 indicates Positive momentum. The RSI at 26.13 is Positive, neither overbought nor oversold. The STOCH value of 5.44 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for BYRE.
BYRE Peer Comparison
Comparison Results
Performance Comparison
BYRE
Principal Real Estate Active Opportunities ETF
25.69
1.11
4.52%
PSR
Invesco Active U.S. Real Estate Fund
―
―
―
REIT
ALPS Active REIT ETF
―
―
―
SRHR
SRH REIT Covered Call ETF
―
―
―
RNTY
YieldMax Target 12 Real Estate Option Income ETF
―
―
―
TRUR
VanEck Real Estate TruSector ETF
―
―
―
Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
Table of Contents