BYRE vs. SRHR ETF Comparison

Comparison of Principal Real Estate Active Opportunities ETF (BYRE) to SRH REIT Covered Call ETF (SRHR)

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

$27.26

Average Daily Volume

1,101

Number of Holdings ^*

22

* may have additional holdings in another (foreign) market

SRHR

SRH REIT Covered Call ETF

SRHR Description

Under normal circumstances, the fund invests at least 80% of its net assets in Real Estate Investment Trusts ("REITs") that are publicly traded on domestic stock exchanges. In addition, the fund strategically implements an option strategy consisting of writing (selling) U.S. exchange-traded covered call options on the REITs in the fund"s portfolio. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$62.19

Average Daily Volume

91

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

Performance

Period	BYRE	SRHR
30 Days	8.20%	5.20%
60 Days	10.84%	7.10%
90 Days	18.20%	13.72%
12 Months	24.28%

4 Overlapping Holdings

	Symbol	Grade	Weight in BYRE	Weight in SRHR	Overlap
	CCI	B	1.79%	4.19%	1.79%
	DRH	C	1.56%	3.99%	1.56%
	EQIX	B	6.66%	12.51%	6.66%
	REXR	C	4.16%	3.69%	3.69%

BYRE Overweight 18 Positions Relative to SRHR

	Symbol	Grade	Weight
	VTR	B	8.64%
	AMT	B	7.09%
	INVH	B	6.09%
	EXR	A	5.65%
	SBAC	B	5.04%
	WELL	B	4.98%
	COLD	D	4.79%
	SUI	B	4.47%
	GLPI	B	4.26%
	SBRA	A	4.2%
	VICI	B	4.16%
	TRNO	B	4.12%
	AMH	B	3.98%
	DLR	A	3.1%
	ARE	B	2.76%
	NHI	B	2.21%
	RHP	D	2.0%
	VAC	F	1.09%

BYRE Underweight 6 Positions Relative to SRHR

	Symbol	Grade	Weight
	LAMR	A	-8.47%
	HIW	A	-6.91%
	PSA	A	-5.92%
	STAG	B	-4.41%
	FR	B	-4.24%
	SAFE	B	-3.77%

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

SRHR: Top Represented Industries & Keywords

Industries: REIT - Industrial REIT - Diversified REIT - Hotel & Motel REIT - Office Real Estate - General

Keywords: Real Estate Investment Trust Real Estate Market S&P 500 Hospitality Industry Hotel Industrial Real Estate Tourism Advertising Advertising Displays Advertising Space Antenna Systems Billboard Cement Services Center Services Colocation Colocation Services Communication Communication Design Computing Connection Services