BYRE vs. BLDG ETF Comparison

Comparison of Principal Real Estate Active Opportunities ETF (BYRE) to Cambria Global Real Estate ETF (BLDG)

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

$26.21

Average Daily Volume

1,070

Number of Holdings ^*

* may have additional holdings in another (foreign) market

BLDG

Cambria Global Real Estate ETF

BLDG Description

The investment seeks income and capital appreciation. The fund is actively managed and seeks to achieve its investment objective by investing, under normal market conditions, primarily in the securities of domestic and foreign, including developed and emerging market, companies principally engaged in the real estate sector and real-estate related industries (collectively, ?real estate companies?) that exhibit favorable multi-factor metrics, such as value, quality and momentum, according to a quantitative methodology developed by Cambria Investment Management, L.P., the fund?s investment adviser (?Cambria?).

Grade (RS Rating)

Last Trade

$26.57

Average Daily Volume

5,908

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BYRE	BLDG
30 Days	-0.10%	0.89%
60 Days	7.20%	8.53%
90 Days	12.85%	10.80%
12 Months	29.04%	19.68%

5 Overlapping Holdings

Symbol	Grade	Weight in BYRE	Weight in BLDG	Overlap
AMH	D	3.98%	1.26%	1.26%
DRH	B	1.55%	1.11%	1.11%
REXR	D	4.26%	1.14%	1.14%
SBRA	C	4.26%	1.59%	1.59%
WELL	C	4.95%	1.63%	1.63%

BYRE Overweight 17 Positions Relative to BLDG

Symbol	Grade	Weight
VTR	C	8.53%
AMT	D	7.12%
EQIX	C	6.66%
INVH	D	6.12%
EXR	D	5.61%
SBAC	C	5.11%
COLD	D	4.69%
SUI	D	4.47%
GLPI	C	4.19%
VICI	C	4.18%
TRNO	D	4.14%
DLR	C	3.08%
ARE	D	2.8%
NHI	C	2.22%
RHP	B	1.97%
CCI	D	1.79%
VAC	D	1.09%

BYRE Underweight 38 Positions Relative to BLDG

Symbol	Grade	Weight
PDM	C	-1.89%
VNO	B	-1.82%
AKR	B	-1.7%
BXP	B	-1.6%
DEI	A	-1.59%
HIW	C	-1.58%
IIPR	C	-1.58%
OHI	C	-1.53%
CTRE	C	-1.51%
CUZ	C	-1.49%
BNL	C	-1.46%
AVB	C	-1.46%
BRX	C	-1.45%
BDN	B	-1.44%
ROIC	C	-1.42%
EQR	C	-1.41%
REG	C	-1.38%
ESRT	C	-1.37%
PGRE	D	-1.36%
EPR	C	-1.35%
IVT	B	-1.31%
WSR	C	-1.3%
KRC	C	-1.3%
SKT	A	-1.27%
BFS	C	-1.25%
EGP	D	-1.23%
STAG	D	-1.22%
EQC	D	-1.22%
SHO	B	-1.1%
APLE	B	-1.07%
HST	D	-1.04%
CLDT	D	-1.03%
PK	D	-0.99%
PEB	D	-0.99%
RLJ	D	-0.94%
HPP	F	-0.89%
FSP	F	-0.87%
NXDT	C	-0.0%