BYRE vs. JPRE ETF Comparison

Comparison of Principal Real Estate Active Opportunities ETF (BYRE) to JPMorgan Realty Income ETF (JPRE)

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

$25.90

Average Daily Volume

1,048

Number of Holdings ^*

* may have additional holdings in another (foreign) market

JPRE

JPMorgan Realty Income ETF

JPRE Description

The investment seeks to provide high total investment return through a combination of capital appreciation and current income. The fund seeks to achieve its objective by investing substantially all of its assets, and in any event under normal circumstances at least 80% of its net assets (plus the amount of any borrowings for investment purposes), in equity securities of real estate investment trusts (REITs), including REITs with relatively small market capitalizations. It may invest in both equity REITs and mortgage REITs. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$50.18

Average Daily Volume

23,725

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BYRE	JPRE
30 Days	-0.71%	-0.80%
60 Days	-3.29%	-1.82%
90 Days	1.70%	3.36%
12 Months	18.85%	24.21%

13 Overlapping Holdings

Symbol	Grade	Weight in BYRE	Weight in JPRE	Overlap
AMH	C	3.98%	3.69%	3.69%
AMT	D	7.12%	7.89%	7.12%
ARE	F	2.8%	3.23%	2.8%
COLD	D	4.69%	1.75%	1.75%
DLR	A	3.08%	5.7%	3.08%
EQIX	A	6.66%	8.35%	6.66%
EXR	C	5.61%	3.73%	3.73%
INVH	D	6.12%	1.41%	1.41%
SBAC	D	5.11%	2.02%	2.02%
SBRA	B	4.26%	1.72%	1.72%
VICI	C	4.18%	4.05%	4.05%
VTR	B	8.53%	4.67%	4.67%
WELL	A	4.95%	7.66%	4.95%

BYRE Overweight 9 Positions Relative to JPRE

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

BYRE Underweight 16 Positions Relative to JPRE

Symbol	Grade	Weight
PLD	D	-6.33%
UDR	C	-3.8%
ELS	B	-3.7%
FRT	B	-2.96%
BXP	D	-2.94%
EGP	D	-2.88%
EQR	C	-2.66%
KRG	A	-2.64%
HST	D	-2.32%
CDP	D	-2.12%
CTRE	C	-1.87%
PSA	D	-1.6%
CUZ	B	-1.44%
KIM	A	-1.41%
WY	D	-1.35%
OUT	A	-1.07%