BYRE vs. HIPS ETF Comparison
Comparison of Principal Real Estate Active Opportunities ETF (BYRE) to Master Income ETF (HIPS)
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
*
22
* may have additional holdings in another (foreign) market
HIPS
Master Income ETF
HIPS Description
The Master Income ETF seeks to track the total return performance, before fees and expenses, of the TFMS HIPS 300 Index. The Index is constructed to capture 300 high income securities, typically with pass-through structures, across the following sectors: (i) closed-end funds (“CEFs”), (ii) mortgage real estate investment trusts (“REITs”), (iii) commercial equity REITs, (iv) residential/diversified REITs, (v) asset management and business development companies (“BDCs”), and (vi) energy production and energy transportation & processing companies. Energy-related companies included in the Index are expected to primarily be structured as master limited partnerships (“MLPs”). CEFs included in the Index are limited to taxable, debt-based funds and may include CEFs that invest primarily in bank loans, high-yield securities (also known as “junk bonds”), foreign securities (including those in emerging markets), and mortgage- or asset-backed securities. The Index is constituted using proprietary methodology developed by Trust and Fiduciary Management Services, Inc. The Index Provider determines the relative weightings of the securities in the Index and publishes information regarding the market value of the Index.Grade (RS Rating)
Last Trade
$12.94
Average Daily Volume
39,019
Number of Holdings
*
35
* may have additional holdings in another (foreign) market
Performance
Period | BYRE | HIPS |
---|---|---|
30 Days | -0.10% | 0.95% |
60 Days | 7.20% | 6.61% |
90 Days | 12.85% | 3.79% |
12 Months | 29.04% | 20.90% |
BYRE Overweight 20 Positions Relative to HIPS
BYRE Underweight 33 Positions Relative to HIPS
Symbol | Grade | Weight | |
---|---|---|---|
WES | B | -3.39% | |
OHI | C | -3.28% | |
MPLX | B | -3.08% | |
PAA | B | -2.99% | |
ET | A | -2.95% | |
LTC | D | -2.84% | |
BGX | C | -2.83% | |
ALX | D | -2.81% | |
NNN | C | -2.8% | |
EPD | A | -2.79% | |
BXSL | B | -2.76% | |
JQC | B | -2.75% | |
GTY | C | -2.72% | |
JFR | A | -2.69% | |
NBB | D | -2.65% | |
BLW | B | -2.65% | |
ARCC | A | -2.63% | |
FCT | A | -2.62% | |
EFT | D | -2.56% | |
DSU | A | -2.56% | |
EPR | C | -2.5% | |
FDUS | C | -2.5% | |
SLRC | C | -2.49% | |
GBDC | B | -2.48% | |
GSBD | D | -2.48% | |
FSK | A | -2.48% | |
PK | D | -2.43% | |
USAC | D | -2.4% | |
BSM | B | -2.38% | |
DMLP | B | -2.37% | |
CQP | D | -2.37% | |
NMFC | F | -2.36% | |
GNL | D | -2.15% |
BYRE: Top Represented Industries & Keywords
Industries:
REIT - Diversified
REIT - Healthcare Facilities
REIT - Industrial
REIT - Residential
REIT - Hotel & Motel
REIT - Office
Telecom Services
Resorts & Casinos
Keywords:
Real Estate Investment Trust
S&P 500
Sba Communications
Assisted Living
Communications Sites
Distributed Antenna System
Hospitality Industry
Industrial Real Estate
Information And Communications Technology
Marriott International
Pcia The Wireless Infrastructure Association
Real Estate Properties
Rental Homes
Site Development Services
Telecommunications
Tourism
Tower Site
Travel
Wireless Communication
Wireless Networking
HIPS: Top Represented Industries & Keywords
Industries:
Asset Management
Oil & Gas Midstream
REIT - Retail
REIT - Healthcare Facilities
Oil & Gas E&P
REIT - Diversified
Credit Services
Oil & Gas Equipment & Services
Oil & Gas Pipelines
REIT - Hotel & Motel
Keywords:
Real Estate Investment Trust
ETF
Exchange Traded Fund
Crude Oil
Business Development
Natural Gas
Petroleum Industry
Bond
Midstream
Assisted Living
Debt
Gas Processing
Gas Storage Facilities
Loan
Mezzanine Capital
Mutual Fund
Natural Gas Liquids
Natural Gas Processing
Natural Gas Storage
Natural Gas Storage Facilities