BYRE vs. SRHR ETF Comparison

Comparison of Principal Real Estate Active Opportunities ETF (BYRE) to SRH REIT Covered Call ETF (SRHR)

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

SRHR

SRH REIT Covered Call ETF

SRHR Description

Under normal circumstances, the fund invests at least 80% of its net assets in Real Estate Investment Trusts ("REITs") that are publicly traded on domestic stock exchanges. In addition, the fund strategically implements an option strategy consisting of writing (selling) U.S. exchange-traded covered call options on the REITs in the fund"s portfolio. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$59.61

Average Daily Volume

158

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BYRE	SRHR
30 Days	-0.57%	-2.11%
60 Days	-2.84%	-3.74%
90 Days	0.27%	0.79%
12 Months	18.65%	15.98%

8 Overlapping Holdings

Symbol	Grade	Weight in BYRE	Weight in SRHR	Overlap
CCI	C	1.79%	4.0%	1.79%
EQIX	A	6.66%	14.02%	6.66%
EXR	C	5.61%	3.81%	3.81%
GLPI	C	4.19%	1.1%	1.1%
INVH	D	6.12%	1.31%	1.31%
REXR	F	4.26%	3.15%	3.15%
SUI	C	4.47%	2.42%	2.42%
VICI	C	4.18%	3.06%	3.06%

BYRE Overweight 14 Positions Relative to SRHR

Symbol	Grade	Weight
VTR	B	8.53%
AMT	C	7.12%
SBAC	D	5.11%
WELL	A	4.95%
COLD	D	4.69%
SBRA	C	4.26%
TRNO	F	4.14%
AMH	C	3.98%
DLR	B	3.08%
ARE	F	2.8%
NHI	D	2.22%
RHP	B	1.97%
DRH	B	1.55%
VAC	C	1.09%

BYRE Underweight 17 Positions Relative to SRHR

Symbol	Grade	Weight
LAMR	C	-8.92%
HIW	C	-7.11%
NXRT	B	-4.47%
FR	D	-4.09%
STAG	D	-4.09%
GNL	F	-4.07%
SHO	D	-3.56%
BRX	A	-3.48%
MTN	C	-3.47%
HST	C	-3.41%
PLD	F	-2.86%
NSA	C	-2.8%
DEA	D	-2.75%
EGP	D	-2.39%
MAA	B	-2.38%
APLE	B	-2.21%
DOC	C	-2.08%