BYRE vs. ICF ETF Comparison

Comparison of Principal Real Estate Active Opportunities ETF (BYRE) to iShares Cohen & Steers REIT ETF (ICF)

BYRE

Principal Real Estate Active Opportunities ETF

BYRE Description

Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in securities of companies principally engaged in the real estate industry at the time of purchase. It invests primarily in equity securities of U.S. companies, including those of small companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$22.22

Average Daily Volume

1,086

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ICF

iShares Cohen & Steers REIT ETF

ICF Description

The investment seeks to track the investment results of an index composed of U.S. real estate investment trusts ("REITs"). The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index consists of selected real estate investment trusts ("REITs"). The objective of the underlying index is to represent relatively large and liquid REITs that may benefit from future consolidation and securitization of the U.S. real estate industry. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$54.47

Average Daily Volume

136,408

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BYRE	ICF
30 Days	-2.61%	-2.73%
60 Days	-5.69%	-6.55%
90 Days	-2.76%	-2.82%
12 Months	0.46%	3.12%

13 Overlapping Holdings

Symbol	Grade	Weight in BYRE	Weight in ICF	Overlap
AMH	D	5.03%	1.53%	1.53%
AMT	D	6.42%	7.54%	6.42%
ARE	D	3.24%	2.43%	2.43%
CCI	D	2.69%	4.85%	2.69%
DLR	B	4.01%	5.63%	4.01%
EQIX	F	5.04%	7.17%	5.04%
EXR	C	6.9%	3.8%	3.8%
INVH	B	7.19%	2.64%	2.64%
REXR	D	5.45%	1.21%	1.21%
SBAC	F	4.09%	2.69%	2.69%
SUI	F	5.04%	1.86%	1.86%
VICI	D	4.32%	3.96%	3.96%
WELL	A	4.96%	7.07%	4.96%

BYRE Overweight 8 Positions Relative to ICF

Symbol	Grade	Weight
VTR	B	7.71%
TRNO	D	4.44%
GLPI	F	4.32%
SBRA	B	4.16%
COLD	F	3.88%
NHI	A	3.61%
DRH	D	2.13%
VAC	C	1.88%

BYRE Underweight 17 Positions Relative to ICF

Symbol	Grade	Weight
PLD	D	-6.71%
SPG	D	-6.14%
O	B	-5.97%
PSA	D	-4.86%
AVB	A	-3.61%
EQR	A	-2.98%
ESS	A	-2.12%
MAA	B	-2.03%
HST	D	-1.78%
KIM	C	-1.66%
UDR	B	-1.54%
ELS	D	-1.51%
LAMR	B	-1.36%
REG	F	-1.3%
BXP	F	-1.2%
FRT	B	-1.03%
CUZ	A	-0.47%