BYRE - ETF AI Analysis
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Principal Real Estate Active Opportunities ETF (BYRE)
Rating:64Neutral
Price Target:―
Positive Factors
Strong Recent Performance
The ETF has shown solid gains so far this year and in recent months, indicating positive momentum in its strategy.
Leading Real Estate Holdings
Several of the largest positions, such as data center, healthcare, and storage REITs, have delivered strong results and are helping drive returns.
Global Real Estate Exposure
While mostly invested in U.S. real estate, the fund also holds smaller positions in markets like Singapore, France, and Australia, adding some international diversification.
Negative Factors
High Sector Concentration
With nearly all assets in real estate, the ETF is heavily exposed to downturns or policy changes that hurt the property market.
Top Holdings Concentration Risk
A relatively small group of companies makes up a large share of the portfolio, so weak performance from just a few names could weigh on the fund.
Above-Average Expense Ratio
The fund’s fee is on the higher side for an ETF, which can slowly reduce investors’ net returns over time.
BYRE vs. SPDR S&P 500 ETF (SPY)
AUM25.79M
RegionNorth America
Expense Ratio0.60%
Beta0.39
IssuerPrincipal
Inception DateMay 18, 2022
Dividend Yield2.42%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume2,329
30 Day Avg. Volume3,581
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
30.58Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering50
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
BYRE Summary
Principal Real Estate Active Opportunities ETF (BYRE) is an actively managed fund focused on real estate companies rather than following a set index. It invests mainly in U.S. real estate businesses across areas like data centers, warehouses, healthcare facilities, and storage. Well-known holdings include Equinix and Prologis. Someone might consider BYRE to add real estate exposure and potential income to their portfolio without buying property directly. However, because it is heavily concentrated in real estate, its value can go up or down sharply with changes in property markets, interest rates, and the overall economy.
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 very much a real estate story, with its top holdings rooted in U.S. property and infrastructure plays. Iron Mountain has been the standout, rising sharply and giving the fund a solid lift, while Prologis, Welltower, and Ventas have been steady climbers, helped by demand for logistics space and senior housing. On the flip side, Equinix has lost a bit of steam recently, and Crown Castle has been lagging as it works through operational challenges. Overall, performance is driven by a concentrated mix of data centers, towers, healthcare, and logistics REITs, all tied to the U.S. market.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Equinix | 8.49% | $2.18M | $102.40B | 16.18% | 73 Outperform | |
| Welltower | 7.32% | $1.88M | $149.20B | 40.68% | 77 Outperform | |
| American Tower | 7.26% | $1.86M | $89.68B | -11.58% | 71 Outperform | |
| Crown Castle | 5.70% | $1.46M | $40.76B | -6.08% | 45 Neutral | |
| Prologis | 4.66% | $1.20M | $138.78B | 35.73% | 76 Outperform | |
| Sabra Healthcare REIT | 4.18% | $1.07M | $4.75B | 3.12% | 77 Outperform | |
| Ventas | 4.13% | $1.06M | $41.97B | 31.65% | 68 Neutral | |
| Gaming and Leisure | 4.13% | $1.06M | $13.71B | 2.11% | 72 Outperform | |
| Iron Mountain | 4.06% | $1.04M | $36.70B | 22.16% | 55 Neutral | |
| Extra Space Storage | 4.05% | $1.04M | $33.01B | -0.44% | 66 Neutral |
BYRE Technical Analysis
Positive
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Price Trends
26.93
Positive
26.25
Positive
25.42
Positive
Market Momentum
0.14
Negative
59.60
Neutral
85.39
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For BYRE, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 27.28, equal to the 50-day MA of 26.93, and equal to the 200-day MA of 25.42, indicating a bullish trend. The MACD of 0.14 indicates Negative momentum. The RSI at 59.60 is Neutral, neither overbought nor oversold. The STOCH value of 85.39 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for BYRE.
BYRE Peer Comparison
Comparison Results
Performance Comparison
BYRE
Principal Real Estate Active Opportunities ETF
27.67
2.98
12.07%
PSR
Invesco Active U.S. Real Estate Fund
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―
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SRHR
SRH REIT Covered Call ETF
―
―
―
REIT
ALPS Active REIT ETF
―
―
―
RNTY
YieldMax Target 12 Real Estate Option Income ETF
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―
―
JRE
Janus Henderson U.S. Real Estate ETF
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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: ―
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