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Principal Real Estate Active Opportunities ETF (BYRE)
USD27.44
+0.14 (+0.51%)
AMEX USD US Equity
NAV
USD 27.09
+1.29% vs NAV
as of 2026-07-12
AUM
USD 26.50M
TER
0.60%
Yield (TTM)
2.70%
Distribution
Distributing · Quarterly
52-week range
24.44 – 27.91
Holdings
53
Issuer
Principal Funds
About this ETF
The investment seeks total return and income. Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in securities of companies principally engaged in the real estate industry. It invests primarily in equity securities of U.S. and non-U.S. companies, including those of small companies. The fund is non-diversified.
ISIN
US74255Y7224
Issuer
Principal Funds
Domicile
US
Inception
2022-05-17
Asset class
Equity
Website
principalam.com/us/fund/byre
Price
Top 10 holdings
| EQUINIX INC REIT USD.001 EQIX | 8.29% |
| WELLTOWER INC REIT USD1.0 WELL | 8.23% |
| AMERICAN TOWER CORP REIT USD.01 AMT | 6.33% |
| CROWN CASTLE INC REIT USD.01 CCI | 4.83% |
| VENTAS INC REIT USD.25 VTR | 4.58% |
| PROLOGIS INC REIT USD.01 PLD | 4.41% |
| SABRA HEALTH CARE REIT INC REIT USD.01 SBRA | 4.32% |
| IRON MOUNTAIN INC REIT USD.01 IRM | 3.97% |
| GAMING AND LEISURE PROPERTIE REIT GLPI | 3.79% |
| EXTRA SPACE STORAGE INC REIT USD.01 EXR | 3.64% |
Sector mix
Price chart
USD27.44
+0.14 (+0.51%)
Loading historical data…
Returns
| 1 month | -0.33% |
| 3 months | +5.01% |
| 6 months | +11.18% |
| Year to date | +12.18% |
| 1 year | +8.33% |
| 3 years (ann.) | +6.60% |
| 5 years (ann.) | — |
| 10 years (ann.) | — |
Risk profile
| Volatility (1y, ann.) | 12.97% |
| Sharpe (1y) | 0.68 |
| Sharpe (3y) | 0.48 |
| Sortino (1y) | 0.99 |
| Max drawdown (1y) | -7.76% |
| Max drawdown (5y) | — |
| Max drawdown (full) | -28.15% |
| Beta vs S&P 500 (1y) | 0.27 |
| Correlation vs S&P 500 (1y) | 0.26 |
Technical outlook as of 2026-07-13
Day Score (bias 0-100, not a probability)
55
P(gain) 22 sessions — probability
51%
VaR 95% (daily)
-1.91%
CVaR 95% (daily)
-2.60%
GARCH vol forecast (22d)
0.99%
Market regime (Markov)
Bull
The Monte Carlo cone is drawn on the price chart above (Forecast overlay); RSI, MACD and the rest of the oscillators live in its indicator panels.
Top-10 concentration
52.4%
Effective holdings
26
Disclosed positions
53
Full holdings
| Constituent | ISIN | Market value | Weight |
|---|---|---|---|
| Loading… | |||
Sector breakdown
Geographic exposure
Loading map…
Cost vs. peers
BYRE
0.60%
Equity median
0.39%
Cheapest in class BKLC
0.00%
Comparison universe: 6,948 funds of the same asset class.
Cost impact calculator
Dividend history
Distributing share class Income is paid out to shareholders.
| Ex-date | Payment | Amount |
|---|---|---|
| 2026-07-01 | 2026-07-06 | USD 0.2531 |
| 2026-04-01 | 2026-04-06 | USD 0.1614 |
| 2025-12-29 | 2025-12-31 | USD 0.1974 |
| 2025-10-01 | 2025-10-03 | USD 0.1300 |
| 2025-07-01 | 2025-07-03 | USD 0.1797 |
| 2025-04-01 | 2025-04-03 | USD 0.1558 |
| 2024-12-27 | 2024-12-31 | USD 0.1793 |
| 2024-10-01 | 2024-10-03 | USD 0.1148 |
| 2024-07-01 | 2024-07-03 | USD 0.1502 |
| 2024-04-01 | 2024-04-04 | USD 0.1225 |
| 2023-12-27 | 2024-01-02 | USD 0.1767 |
| 2023-10-02 | 2023-10-05 | USD 0.1388 |
| 2023-07-03 | 2023-07-07 | USD 0.1488 |
| 2023-04-03 | 2023-04-06 | USD 0.1691 |
| 2022-12-28 | 2023-01-03 | USD 0.2202 |
| 2022-10-03 | 2022-10-06 | USD 0.0732 |
| 2022-07-01 | 2022-07-07 | USD 0.1223 |
ESG profile
Derived from holdings
covers 81.2% of the portfolio by weight
(28 scored constituents)
Environmental
62.7
class avg 63.0
Social
60.4
class avg 62.3
Governance
65.9
class avg 64.9
Total ESG
63.0
class avg 63.4
Benchmark: average of 4,066 funds of the same asset class with derived ESG data.
Similar ETFs
| Fund | TER | AUM (USD) | Yield (TTM) | Return 1y | Sharpe 1y |
|---|---|---|---|---|---|
| Vanguard Total Stock Market ETF VTI | 0.03% | 2.30T | 1.05% | +19.93% | 1.48 |
| Vanguard S&P 500 ETF VOO | 0.03% | 1.70T | 1.07% | +19.68% | 1.49 |
| iShares Core S&P 500 ETF IVV | 0.03% | 894.38B | 1.09% | +19.68% | 1.49 |
| State Street SPDR S&P 500 ETF SPY | 0.09% | 789.23B | 1.00% | +19.71% | 1.49 |
| SPDR S&P 500 ETF Trust 1557.T | 0.09% | 789.09B | 0.49% | +37.54% | 2.26 |
| State Street SPDR S&P 500 ETF SPY.AX | 0.09% | 788.13B | 1.00% | +11.84% | 1.13 |
| Vanguard Total International Stock ETF VXUS | 0.05% | 652.30B | 2.61% | +20.58% | 1.21 |
| Invesco QQQ Trust, Series 1 QQQ | 0.18% | 481.14B | 0.43% | +28.14% | 1.43 |
| Vanguard Growth ETF VUG | 0.03% | 393.80B | 0.39% | +16.85% | 0.99 |
| Vanguard FTSE Developed Markets ETF VEA | 0.03% | 317.30B | 2.60% | +21.64% | 1.23 |
Cheaper alternatives
No fund of the class reaches 60% portfolio overlap — showing the cheapest funds of the class instead.
| Fund | TER | AUM (USD) | Overlap |
|---|---|---|---|
| Vanguard Mid-Cap ETF VO | 0.03% | 218.80B | 2.2% |
| Vanguard Value ETF VTV | 0.03% | 245.00B | 1.7% |
| Vanguard Small-Cap ETF VB | 0.03% | 182.70B | 1.6% |
| Vanguard Total Stock Market ETF VTI | 0.03% | 2.30T | 1.1% |
| State Street SPDR Portfolio S&P 500 ETF SPYM | 0.02% | 159.32B | 1.1% |
