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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
Generally Positive Recent Performance
The ETF has delivered modest gains so far this year and over the past month, showing some positive momentum despite a weak recent quarter.
Strong Contribution from Several Top Holdings
Many of the largest positions, including storage and data-focused REITs, have shown strong year-to-date performance, helping support the fund’s overall returns.
Global Real Estate Exposure
While mostly invested in U.S. real estate, the fund also holds smaller positions in countries like France, Singapore, and Australia, adding a bit of international diversification.
Negative Factors
High Sector Concentration in Real Estate
With nearly all assets in the real estate sector, the ETF is heavily exposed to property market cycles, interest rates, and sector-specific risks.
Meaningful Weight in a Weak Top Holding
One of the larger positions has shown weak year-to-date performance, which can drag on the fund if that stock continues to struggle.
Relatively High Expense Ratio
The fund’s expense ratio is on the higher side for an ETF, which means more of the returns are used to cover fees instead of staying with investors.
BYRE vs. SPDR S&P 500 ETF (SPY)
AUM24.41M
RegionNorth America
Expense Ratio0.60%
Beta0.38
IssuerPrincipal
Inception DateMay 18, 2022
Dividend Yield2.49%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume3,501
30 Day Avg. Volume4,022
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
28.97Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering45
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
BYRE Summary
Principal Real Estate Active Opportunities ETF (BYRE) is an actively managed fund that focuses on real estate companies, mainly in the U.S. It does not track a set index, but instead lets managers pick a mix of property types, such as healthcare, storage, and data centers. Well-known holdings include American Tower and Equinix. Someone might invest in BYRE to seek income and growth from real estate while spreading money across many property businesses instead of buying a single building or stock. A key risk is that it is heavily tied to the real estate market, which can rise and fall with interest rates and the 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 a pure U.S. real estate play, and its story right now is all about a handful of heavyweight REITs setting the tone. Data-center giant Equinix and infrastructure-focused Iron Mountain are rising stars, giving the fund a strong tech-flavored real estate backbone. Healthcare names like Welltower and Ventas are also climbing, adding steady support from senior housing and medical properties. On the flip side, Crown Castle is lagging and acting like a small anchor on returns, even as industrial leader Prologis and storage player Extra Space Storage keep the overall ship moving forward.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Equinix | 7.75% | $1.86M | $93.53B | 5.52% | 73 Outperform | |
| Welltower | 7.74% | $1.86M | $146.04B | 38.23% | 77 Outperform | |
| American Tower | 7.06% | $1.70M | $89.04B | -10.54% | 71 Outperform | |
| Sabra Healthcare REIT | 5.94% | $1.43M | $5.17B | 25.44% | 77 Outperform | |
| Prologis | 4.89% | $1.18M | $133.47B | 14.06% | 76 Outperform | |
| Crown Castle | 4.70% | $1.13M | $38.65B | -7.93% | 45 Neutral | |
| Ventas | 4.55% | $1.09M | $42.04B | 26.55% | 68 Neutral | |
| Iron Mountain | 4.50% | $1.08M | $33.50B | 20.09% | 55 Neutral | |
| Extra Space Storage | 4.50% | $1.08M | $33.02B | -4.57% | 66 Neutral | |
| Gaming and Leisure | 4.13% | $993.86K | $13.69B | -3.59% | 72 Outperform |
BYRE Technical Analysis
Positive
―
Price Trends
25.18
Positive
24.96
Positive
24.93
Positive
Market Momentum
0.46
Negative
70.25
Negative
63.05
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 25.91, equal to the 50-day MA of 25.18, and equal to the 200-day MA of 24.93, indicating a bullish trend. The MACD of 0.46 indicates Negative momentum. The RSI at 70.25 is Negative, neither overbought nor oversold. The STOCH value of 63.05 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
26.68
1.78
7.15%
SRHR
SRH REIT Covered Call ETF
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―
―
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
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―
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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.
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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