Principal Real Estate Active Opportunities ETF (BYRE)
BYRE is an actively managed ETF by Principal. BYRE launched on May 18, 2022 and has a 0.65% expense ratio.
ETF Info
US74255Y7224
May 18, 2022
North America (U.S.)
1x
No Index (Active)
Mid-Cap
Blend
Expense Ratio
BYRE features an expense ratio of 0.65%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Principal Real Estate Active Opportunities ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Principal Real Estate Active Opportunities ETF had a return of 1.77% year-to-date (YTD) and 12.41% in the last 12 months.
BYRE
1.77%
2.15%
-0.36%
12.41%
N/A
N/A
^GSPC (Benchmark)
3.96%
1.97%
9.03%
22.16%
12.60%
11.26%
Monthly Returns
The table below presents the monthly returns of BYRE, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | -0.09% | 1.77% | |||||||||||
| 2024 | -5.21% | 1.50% | 1.72% | -7.78% | 6.59% | 1.39% | 7.09% | 5.34% | 2.70% | -3.17% | 2.60% | -7.19% | 4.19% |
| 2023 | 10.93% | -5.36% | -1.98% | 0.58% | -4.87% | 3.81% | 1.76% | -3.68% | -4.82% | -2.86% | 12.41% | 6.45% | 10.82% |
| 2022 | 5.07% | -7.11% | 9.00% | -4.76% | -12.25% | 1.49% | 5.97% | -4.83% | -9.01% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of BYRE is 31, indicating average performance compared to other ETFs on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Principal Real Estate Active Opportunities ETF (BYRE) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Principal Real Estate Active Opportunities ETF provided a 2.27% dividend yield over the last twelve months, with an annual payout of $0.57 per share.
| Period | TTM | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Dividend | $0.57 | $0.57 | $0.63 | $0.42 |
Dividend yield | 2.27% | 2.31% | 2.63% | 1.86% |
Monthly Dividends
The table displays the monthly dividend distributions for Principal Real Estate Active Opportunities ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | ||||||||||
| 2024 | $0.00 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.12 | $0.00 | $0.18 | $0.57 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.14 | $0.00 | $0.18 | $0.63 |
| 2022 | $0.12 | $0.00 | $0.00 | $0.07 | $0.00 | $0.22 | $0.42 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Principal Real Estate Active Opportunities ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Principal Real Estate Active Opportunities ETF was 25.70%, occurring on Oct 25, 2023. Recovery took 208 trading sessions.
The current Principal Real Estate Active Opportunities ETF drawdown is 7.33%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -25.7% | Aug 16, 2022 | 301 | Oct 25, 2023 | 208 | Aug 23, 2024 | 509 |
| -12.77% | May 31, 2022 | 13 | Jun 16, 2022 | 36 | Aug 9, 2022 | 49 |
| -12.24% | Sep 17, 2024 | 80 | Jan 10, 2025 | — | — | — |
| -0.55% | Aug 28, 2024 | 2 | Aug 29, 2024 | 1 | Aug 30, 2024 | 3 |
| -0.46% | Aug 11, 2022 | 1 | Aug 11, 2022 | 1 | Aug 12, 2022 | 2 |
Volatility
Volatility Chart
The current Principal Real Estate Active Opportunities ETF volatility is 4.91%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.