BYRE vs. ROOF ETF Comparison

Comparison of Principal Real Estate Active Opportunities ETF (BYRE) to IQ US Real Estate Small Cap ETF (ROOF)

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

$26.46

Average Daily Volume

1,062

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ROOF

IQ US Real Estate Small Cap ETF

ROOF Description

The investment seeks investment results that correspond generally to the price and yield performance of its underlying index, the IQ U.S. Real Estate Small Cap Index. The fund employs a "passive management" to track the performance of the underlying index, which was developed by Financial Development Holdco LLC ("IndexIQ"), the parent company of IndexIQ Advisors LLC, the fund's investment advisor (the "Advisor"). The underlying index is a rules based, modified capitalization weighted, float adjusted index intended to give investors a means of tracking the overall performance of the small capitalization sector. It is non-diversified.

Grade (RS Rating)

Last Trade

$21.91

Average Daily Volume

19,298

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BYRE	ROOF
30 Days	1.38%	2.37%
60 Days	5.09%	5.79%
90 Days	14.28%	15.27%
12 Months	32.68%	31.79%

16 Overlapping Holdings

Symbol	Grade	Weight in BYRE	Weight in ROOF	Overlap
AMH	D	3.98%	1.15%	1.15%
AMT	C	7.12%	4.83%	4.83%
ARE	D	2.8%	1.73%	1.73%
CCI	C	1.79%	4.43%	1.79%
COLD	D	4.69%	1.42%	1.42%
DLR	C	3.08%	4.57%	3.08%
EQIX	B	6.66%	4.57%	4.57%
INVH	D	6.12%	1.73%	1.73%
NHI	C	2.22%	0.31%	0.31%
REXR	D	4.26%	1.96%	1.96%
SBAC	B	5.11%	4.47%	4.47%
SBRA	C	4.26%	0.35%	0.35%
SUI	D	4.47%	1.38%	1.38%
TRNO	D	4.14%	1.14%	1.14%
VTR	C	8.53%	2.1%	2.1%
WELL	C	4.95%	4.41%	4.41%

BYRE Overweight 6 Positions Relative to ROOF

Symbol	Grade	Weight
EXR	C	5.61%
GLPI	A	4.19%
VICI	C	4.18%
RHP	C	1.97%
DRH	C	1.55%
VAC	D	1.09%

BYRE Underweight 26 Positions Relative to ROOF

Symbol	Grade	Weight
PLD	D	-4.75%
UNIT	B	-3.75%
AVB	C	-2.6%
EQR	C	-2.27%
EGP	D	-1.59%
ESS	C	-1.53%
MAA	C	-1.51%
FR	C	-1.28%
DOC	C	-1.27%
STAG	D	-1.23%
UDR	C	-1.21%
ELS	D	-1.08%
CPT	C	-1.07%
IIPR	C	-0.66%
LXP	D	-0.52%
IRT	C	-0.39%
CTRE	B	-0.38%
MPW	C	-0.29%
PLYM	D	-0.18%
LTC	D	-0.13%
SILA	C	-0.12%
UMH	C	-0.12%
AIV	C	-0.11%
CSR	D	-0.09%
NXRT	D	-0.09%
DHC	B	-0.08%