BYRE vs. WBIF ETF Comparison

Comparison of Principal Real Estate Active Opportunities ETF (BYRE) to WBI Large Cap Tactical Value Shares (WBIF)

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

$26.02

Average Daily Volume

1,029

Number of Holdings ^*

* may have additional holdings in another (foreign) market

WBIF

WBI Large Cap Tactical Value Shares

WBIF Description

The investment seeks long-term capital appreciation and the potential for current income, while also seeking to protect principal during unfavorable market conditions. The fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the equity securities of large capitalization domestic and foreign companies which WBI Investments, Inc., the sub-advisor to the fund and an affiliate of Millington Securities Inc., the advisor, believes display an attractive discount in a company's intrinsic value relative to its market price, and up to 20% of its net assets in other tactical investment opportunities.

Grade (RS Rating)

Last Trade

$30.07

Average Daily Volume

1,654

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BYRE	WBIF
30 Days	-0.57%	2.86%
60 Days	-2.84%	3.49%
90 Days	0.27%	3.85%
12 Months	18.65%	12.70%

0 Overlapping Holdings

	Symbol	Grade	Weight in BYRE	Weight in WBIF	Overlap

BYRE Overweight 22 Positions Relative to WBIF

Symbol	Grade	Weight
VTR	B	8.53%
AMT	C	7.12%
EQIX	A	6.66%
INVH	D	6.12%
EXR	C	5.61%
SBAC	D	5.11%
WELL	A	4.95%
COLD	D	4.69%
SUI	C	4.47%
REXR	F	4.26%
SBRA	C	4.26%
GLPI	C	4.19%
VICI	C	4.18%
TRNO	F	4.14%
AMH	C	3.98%
DLR	B	3.08%
ARE	F	2.8%
NHI	D	2.22%
RHP	B	1.97%
CCI	C	1.79%
DRH	B	1.55%
VAC	C	1.09%

BYRE Underweight 43 Positions Relative to WBIF

Symbol	Grade	Weight
WRB	A	-4.74%
UHS	D	-4.68%
FIX	A	-4.58%
KBH	D	-4.54%
NXST	C	-4.43%
V	A	-4.26%
CI	D	-4.26%
DKS	D	-4.24%
PRU	A	-4.14%
ACN	B	-3.98%
UNM	A	-3.93%
MCK	A	-3.93%
AMAT	F	-3.55%
RGA	A	-3.26%
VOYA	B	-3.26%
OXY	D	-2.81%
PHM	D	-2.6%
MMC	B	-2.12%
CF	A	-1.86%
ADP	A	-1.53%
AXP	A	-1.53%
AME	A	-1.46%
G	B	-1.44%
PRI	B	-1.42%
PAYX	B	-1.39%
BR	A	-1.36%
TXRH	B	-1.33%
CASY	A	-1.28%
RMD	C	-1.23%
FLTR	A	-0.76%
FALN	A	-0.75%
AGZD	A	-0.75%
FTSL	A	-0.69%
ALSN	B	-0.67%
THG	A	-0.59%
DCI	B	-0.56%
GL	C	-0.55%
STIP	C	-0.54%
TOL	B	-0.54%
ALLE	C	-0.53%
CBT	D	-0.53%
DOX	D	-0.52%
BKLN	A	-0.32%