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BYRE - ETF AI Analysis
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Principal Real Estate Active Opportunities ETF (BYRE)
Rating:66Neutral
Price Target:―
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)
AUM21.70M
RegionNorth America
Expense Ratio0.60%
Beta0.39
IssuerPrincipal
Inception DateMay 18, 2022
Dividend Yield2.69%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume3,801
30 Day Avg. Volume4,417
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
28.58Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering51
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 heavily concentrated in the U.S. real estate sector, with names like American Tower and Equinix shaping its performance. While American Tower is losing steam amid valuation concerns, Ventas and Welltower are rising stars thanks to their strategic focus on senior housing and steady financial growth. Equinix and Extra Space Storage are dragging the fund with bearish momentum and mixed earnings outlooks. Overall, the ETF’s focus on real estate offers a specialized play, but recent market headwinds have created a mixed bag of winners and laggards.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Welltower | 7.28% | $1.58M | $127.87B | 49.31% | 77 Outperform | |
| American Tower | 6.93% | $1.50M | $78.89B | -1.80% | 71 Outperform | |
| Equinix | 6.85% | $1.49M | $76.77B | -13.11% | 73 Outperform | |
| Sabra Healthcare REIT | 6.00% | $1.30M | $4.89B | 18.20% | 77 Outperform | |
| Extra Space Storage | 5.05% | $1.09M | $30.21B | -7.11% | 66 Neutral | |
| Crown Castle | 4.95% | $1.07M | $36.81B | 0.22% | 45 Neutral | |
| Prologis | 4.70% | $1.02M | $122.09B | 23.94% | 76 Outperform | |
| Ventas | 4.24% | $920.00K | $36.13B | 30.82% | 68 Neutral | |
| Gaming and Leisure | 4.09% | $886.53K | $12.68B | -1.75% | 72 Outperform | |
| Invitation Homes | 3.88% | $840.89K | $16.33B | -12.02% | 69 Neutral |
BYRE Technical Analysis
Positive
―
Price Trends
24.58
Positive
24.75
Negative
24.73
Negative
Market Momentum
<0.01
Negative
55.06
Neutral
78.85
Neutral
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 24.47, equal to the 50-day MA of 24.58, and equal to the 200-day MA of 24.73, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 55.06 is Neutral, neither overbought nor oversold. The STOCH value of 78.85 is Neutral, 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
24.68
1.49
6.43%
SRHR
SRH REIT Covered Call ETF
―
―
―
PSR
Invesco Active U.S. Real Estate Fund
―
―
―
REIT
ALPS Active REIT ETF
―
―
―
RNTY
YieldMax Target 12 Real Estate Option Income ETF
―
―
―
JRE
Janus Henderson U.S. Real Estate 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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