BYRE - ETF AI Analysis
Top Page
Principal Real Estate Active Opportunities ETF (BYRE)
Rating:65Neutral
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)
AUM25.03M
RegionNorth America
Expense Ratio0.60%
Beta0.41
IssuerPrincipal
Inception DateMay 18, 2022
Dividend Yield2.59%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume6,816
30 Day Avg. Volume4,626
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
29.61Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering49
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 firmly planted in U.S. real estate, with a clear tilt toward specialized REITs rather than broad market stocks. Equinix and Iron Mountain have been rising and act as key engines, helped by demand for data centers and digital infrastructure. Prologis and Extra Space Storage are also pulling their weight, keeping momentum steady in logistics and storage. On the flip side, American Tower has been more mixed and Crown Castle is clearly lagging, so the fund’s telecom-tower bets are adding some drag to an otherwise solid real estate lineup.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Equinix | 8.97% | $2.22M | $109.35B | 32.29% | 73 Outperform | |
| Welltower | 7.32% | $1.81M | $146.25B | 42.04% | 77 Outperform | |
| American Tower | 6.50% | $1.61M | $83.11B | -15.47% | 71 Outperform | |
| Sabra Healthcare REIT | 5.32% | $1.32M | $5.07B | 15.33% | 77 Outperform | |
| Prologis | 4.88% | $1.21M | $135.56B | 38.99% | 76 Outperform | |
| Crown Castle | 4.58% | $1.13M | $37.68B | -13.82% | 45 Neutral | |
| Iron Mountain | 4.43% | $1.10M | $34.52B | 32.27% | 55 Neutral | |
| Gaming and Leisure | 4.18% | $1.03M | $13.40B | -0.90% | 72 Outperform | |
| Ventas | 4.18% | $1.03M | $40.71B | 22.68% | 68 Neutral | |
| Extra Space Storage | 4.08% | $1.01M | $31.35B | 0.74% | 66 Neutral |
BYRE Technical Analysis
Positive
―
Price Trends
25.98
Positive
25.30
Positive
25.00
Positive
Market Momentum
0.32
Negative
61.11
Neutral
48.61
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 25.99, equal to the 50-day MA of 25.98, and equal to the 200-day MA of 25.00, indicating a bullish trend. The MACD of 0.32 indicates Negative momentum. The RSI at 61.11 is Neutral, neither overbought nor oversold. The STOCH value of 48.61 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
26.52
2.21
9.09%
PSR
Invesco Active U.S. Real Estate Fund
―
―
―
SRHR
SRH REIT Covered Call ETF
―
―
―
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.
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