BYRE vs. INDS ETF Comparison

Comparison of Principal Real Estate Active Opportunities ETF (BYRE) to Pacer Benchmark Industrial Real Estate SCTR ETF (INDS)

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

$22.20

Average Daily Volume

1,088

Number of Holdings ^*

* may have additional holdings in another (foreign) market

INDS

Pacer Benchmark Industrial Real Estate SCTR ETF

INDS Description

The investment seeks to track the total return performance, before fees and expenses, of the Benchmark Industrial Real Estate SCTR¿ Index (the "index"). Under normal circumstances, at least 80% of the fund's total assets (exclusive of collateral held from securities lending) will be invested in the component securities of the index. The index was developed by Benchmark Investments, LLC, the index provider (the "index provider"), and measures the performance of the industrial real estate sector of the U.S. equity market, which includes warehouse and self-storage real estate sub-sectors. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$36.57

Average Daily Volume

25,983

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BYRE	INDS
30 Days	-2.78%	-5.43%
60 Days	-4.76%	-6.19%
90 Days	-1.49%	-5.95%
12 Months	-1.15%	-7.43%

3 Overlapping Holdings

Symbol	Grade	Weight in BYRE	Weight in INDS	Overlap
EXR	C	6.9%	4.5%	4.5%
REXR	D	5.45%	4.1%	4.1%
TRNO	F	4.44%	3.19%	3.19%

BYRE Overweight 18 Positions Relative to INDS

Symbol	Grade	Weight
VTR	B	7.71%
INVH	B	7.19%
AMT	D	6.42%
SUI	F	5.04%
EQIX	F	5.04%
AMH	C	5.03%
WELL	A	4.96%
VICI	D	4.32%
GLPI	F	4.32%
SBRA	C	4.16%
SBAC	F	4.09%
DLR	C	4.01%
COLD	F	3.88%
NHI	A	3.61%
ARE	D	3.24%
CCI	D	2.69%
DRH	D	2.13%
VAC	C	1.88%

BYRE Underweight 9 Positions Relative to INDS

Symbol	Grade	Weight
PSA	D	-14.88%
PLD	D	-12.9%
WPC	C	-4.92%
CUBE	D	-4.6%
EGP	F	-4.35%
STAG	D	-4.28%
FR	D	-4.12%
NSA	D	-1.69%
LXP	D	-1.68%