BYRE vs. GREI ETF Comparison

Comparison of Principal Real Estate Active Opportunities ETF (BYRE) to Goldman Sachs Future Real Estate (GREI)

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

$26.16

Average Daily Volume

1,035

Number of Holdings ^*

* may have additional holdings in another (foreign) market

GREI

Goldman Sachs Future Real Estate

GREI Description

Goldman Sachs Future Real Estate seeks long-term growth of capital. The fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes (measured at the time of purchase) in equity investments in U.S. and non‑U.S. real estate and infrastructure companies. The adviser generally intends to invest in real estate and infrastructure companies that the adviser believes are aligned with key themes associated with secular growth drivers for real estate and infrastructure assets, which include innovation, demographic shifts, experiences over things, environmental sustainability, and social sustainability.

Grade (RS Rating)

Last Trade

$35.95

Average Daily Volume

368

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BYRE	GREI
30 Days	-1.13%	-1.71%
60 Days	-3.51%	-5.03%
90 Days	0.81%	-1.52%
12 Months	19.29%	14.90%

13 Overlapping Holdings

Symbol	Grade	Weight in BYRE	Weight in GREI	Overlap
AMH	D	3.98%	2.14%	2.14%
AMT	D	7.12%	2.89%	2.89%
ARE	D	2.8%	1.68%	1.68%
COLD	D	4.69%	1.93%	1.93%
DLR	B	3.08%	3.13%	3.08%
EQIX	A	6.66%	4.67%	4.67%
EXR	D	5.61%	2.78%	2.78%
INVH	D	6.12%	1.72%	1.72%
REXR	F	4.26%	1.76%	1.76%
SBAC	D	5.11%	2.11%	2.11%
VICI	C	4.18%	2.49%	2.49%
VTR	C	8.53%	2.36%	2.36%
WELL	A	4.95%	3.65%	3.65%

BYRE Overweight 9 Positions Relative to GREI

Symbol	Grade	Weight
SUI	D	4.47%
SBRA	C	4.26%
GLPI	C	4.19%
TRNO	F	4.14%
NHI	D	2.22%
RHP	B	1.97%
CCI	D	1.79%
DRH	B	1.55%
VAC	B	1.09%

BYRE Underweight 12 Positions Relative to GREI

Symbol	Grade	Weight
PLD	D	-4.68%
LNG	B	-4.39%
NEE	D	-4.22%
WEC	A	-2.82%
AVB	B	-2.7%
XEL	A	-2.64%
ELS	C	-2.41%
CMS	C	-2.36%
NSC	B	-1.93%
AEE	A	-1.93%
AWK	D	-1.9%
ES	D	-1.61%