BYRE vs. JRE ETF Comparison

Comparison of Principal Real Estate Active Opportunities ETF (BYRE) to Janus Henderson U.S. Real Estate ETF (JRE)

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

$26.02

Average Daily Volume

1,029

Number of Holdings ^*

* may have additional holdings in another (foreign) market

JRE

Janus Henderson U.S. Real Estate ETF

JRE Description

An actively managed equity Portfolio that seeks compelling outperformance by investing in REITs and real estate related businesses. Our emphasis on local property market knowledge combined with a repeatable, disciplined investment process seeks to provide defensive growth, diversification relative to broad equities and fixed income, and dividends for investors.

Grade (RS Rating)

Last Trade

$25.23

Average Daily Volume

834

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BYRE	JRE
30 Days	-0.57%	-1.55%
60 Days	-2.84%	-2.22%
90 Days	0.27%	0.80%
12 Months	18.65%	22.84%

6 Overlapping Holdings

Symbol	Grade	Weight in BYRE	Weight in JRE	Overlap
AMH	C	3.98%	4.37%	3.98%
EQIX	A	6.66%	10.5%	6.66%
RHP	B	1.97%	2.65%	1.97%
SBAC	D	5.11%	2.29%	2.29%
SBRA	C	4.26%	2.78%	2.78%
WELL	A	4.95%	8.39%	4.95%

BYRE Overweight 16 Positions Relative to JRE

Symbol	Grade	Weight
VTR	B	8.53%
AMT	C	7.12%
INVH	D	6.12%
EXR	C	5.61%
COLD	D	4.69%
SUI	C	4.47%
REXR	F	4.26%
GLPI	C	4.19%
VICI	C	4.18%
TRNO	F	4.14%
DLR	B	3.08%
ARE	F	2.8%
NHI	D	2.22%
CCI	C	1.79%
DRH	B	1.55%
VAC	C	1.09%

BYRE Underweight 15 Positions Relative to JRE

Symbol	Grade	Weight
PSA	C	-8.4%
O	C	-7.53%
PLD	F	-5.46%
AVB	B	-5.14%
UDR	B	-4.13%
EGP	D	-3.99%
FRT	B	-3.93%
ELS	C	-3.76%
FR	D	-3.67%
BXP	C	-3.39%
MAC	B	-2.99%
STAG	D	-2.49%
KRC	B	-2.08%
WH	B	-1.96%
CBRE	B	-1.94%