BYRE - ETF AI Analysis

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Principal Real Estate Active Opportunities ETF (BYRE)

Rating:68Neutral

Price Target:

$28.00

The Principal Real Estate Active Opportunities ETF (BYRE) has a solid overall rating, reflecting a mix of strong performers and some moderate risks. Equinix (EQIX) stands out as a key contributor, driven by its strong financial performance, strategic expansions, and robust customer acquisition. Welltower (WELL) also adds strength with its positive earnings sentiment and strong cash flow in the healthcare REIT sector. However, holdings like American Tower (AMT) and Invitation Homes (INVH) face challenges such as high leverage and bearish technical trends, which slightly temper the fund's overall rating. A notable risk is the ETF's concentration in the real estate sector, which could make it sensitive to market or economic shifts affecting this industry.

Positive Factors

Strong Top Holdings

Several top holdings, such as Welltower and American Healthcare REIT, have delivered strong year-to-date performance, supporting the ETF’s overall returns.

Focused Sector Exposure

The ETF’s heavy allocation to the real estate sector provides targeted exposure to a historically stable and income-generating industry.

Healthy Year-to-Date Performance

The ETF has shown positive year-to-date performance, indicating resilience despite short-term fluctuations.

Negative Factors

High Sector Concentration

With over 96% of assets in real estate, the ETF is highly exposed to risks specific to this sector, such as interest rate sensitivity.

Underperforming Holdings

Some key holdings, like Equinix and American Homes, have lagged year-to-date, potentially dragging on overall returns.

Limited Geographic Diversification

The ETF is overwhelmingly focused on U.S. companies, offering little exposure to international markets and global growth opportunities.

BYRE vs. SPDR S&P 500 ETF (SPY)

AUM20.05M

RegionNorth America

Expense Ratio0.60%

Beta0.41

IssuerPrincipal

Inception DateMay 18, 2022

Dividend Yield2.61%

Asset ClassEquity

Index TrackedNo Underlying Index

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume4,852

30 Day Avg. Volume4,662

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

28.95

Price Target Upside― Downside

Rating ConsensusModerate Buy

Number of Analyst Covering25

EPS Forecast (FY)N/A

Revenue Forecast (FY)N/A

BYRE Summary

The Principal Real Estate Active Opportunities ETF (Ticker: BYRE) is an investment fund focused on the real estate sector, including residential, commercial, industrial, and retail properties. It is actively managed, meaning experts adjust the fund's holdings to respond to market trends. Some of its top holdings include well-known companies like American Tower and Ventas. Investors might consider BYRE for diversification and potential growth in the real estate market. However, since it is heavily focused on real estate, its performance can be impacted by changes in the property market or 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

The Principal Real Estate Active Opportunities ETF (BYRE) is firmly rooted in the real estate sector, with names like American Tower and Ventas leading the charge. Ventas is rising steadily thanks to strong financial performance and growth prospects, while American Tower is losing steam amid valuation concerns and market uncertainty. Equinix and Extra Space Storage show mixed signals, balancing strategic growth with cautious investor sentiment. Meanwhile, laggards like American Homes and Invitation Homes are dragging the fund, weighed down by bearish trends and valuation challenges. With its U.S.-focused portfolio, BYRE offers concentrated exposure to real estate but faces headwinds from uneven stock performance.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
AMT	American Tower	8.38%	$1.34M	$84.50B	-12.33%	65 Neutral
VTR	Ventas	8.27%	$1.32M	$38.50B	24.07%	68 Neutral
EQIX	Equinix	7.90%	$1.26M	$75.12B	-19.60%	69 Neutral
EXR	Extra Space Storage	5.45%	$868.77K	$28.68B	-23.39%	66 Neutral
AMH	American Homes	5.35%	$852.02K	$11.73B	-14.96%	69 Neutral
WELL	Welltower	4.82%	$767.91K	$135.14B	43.27%	72 Outperform
SBRA	Sabra Healthcare REIT	4.75%	$756.00K	$4.64B	1.09%	74 Outperform
VICI	VICI Properties	4.53%	$720.85K	$31.16B	-10.64%	73 Outperform
INVH	Invitation Homes	4.27%	$680.77K	$16.83B	-17.36%	67 Neutral
AHR	American Healthcare REIT, Inc.	4.10%	$652.48K	$8.85B	72.25%	68 Neutral

BYRE Technical Analysis

Technical Analysis Sentiment

Negative

Last Price―

Price Trends

50DMA

25.01

Negative

100DMA

25.07

Negative

200DMA

24.94

Negative

Market Momentum

MACD

-0.10

Positive

RSI

45.42

Neutral

STOCH

10.40

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 24.90, equal to the 50-day MA of 25.01, and equal to the 200-day MA of 24.94, indicating a bearish trend. The MACD of -0.10 indicates Positive momentum. The RSI at 45.42 is Neutral, neither overbought nor oversold. The STOCH value of 10.40 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

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
BYRE	―	―	$20.05M	0.60%	68 Neutral
PSR	―	―	$51.17M	0.55%	69 Neutral
SRHR	―	―	$47.92M	0.75%	65 Neutral
REIT	―	―	$44.85M	0.68%	70 Outperform
JRE	―	―	$3.65M	0.65%	71 Outperform
RNTY	―	―	$2.45M	0.99%	73 Outperform

Performance Comparison

BYRE

Principal Real Estate Active Opportunities ETF

24.73

-0.77

-3.02%

PSR

Invesco Active U.S. Real Estate Fund

―

SRHR

SRH REIT Covered Call ETF

―

REIT

ALPS Active REIT ETF

―

JRE

Janus Henderson U.S. Real Estate ETF

―

RNTY

YieldMax Target 12 Real Estate Option Income 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.

Disclaimer

This 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: ―

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