RITA vs. BYRE

Last updated Jun 24, 2026

RITA (ETFB Green SRI REITs ETF) and BYRE (Principal Real Estate Active Opportunities ETF) are both REIT funds. RITA is passively managed, while BYRE is actively managed. Over the past 3 years, RITA returned 7.99%/yr vs 11.04%/yr for BYRE. Their correlation of 0.92 suggests significant overlap in exposure. RITA charges 0.50%/yr vs 0.65%/yr for BYRE.

Performance

RITA vs. BYRE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ETFB Green SRI REITs ETF (RITA) and Principal Real Estate Active Opportunities ETF (BYRE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RITA achieves a 9.63% return, which is significantly lower than BYRE's 13.03% return.

RITA

• 1D: 1.14%
• 1M: 0.63%
• YTD: 9.63%
• 6M: 9.64%
• 1Y: 10.95%
• 3Y*: 7.99%
• 5Y*: —
• 10Y*: —

BYRE

• 1D: 1.22%
• 1M: -0.15%
• YTD: 13.03%
• 6M: 13.95%
• 1Y: 9.19%
• 3Y*: 11.04%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

RITA vs. BYRE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
RITA ETFB Green SRI REITs ETF	9.63%	3.93%	1.93%	9.66%	-10.15%
BYRE Principal Real Estate Active Opportunities ETF	13.03%	2.35%	4.18%	10.82%	-9.22%

Correlation

The correlation between RITA and BYRE is 0.88, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.88
Correlation (3Y) Calculated over the trailing 3-year period	0.91
Correlation (All Time) Calculated using the full available price history since May 19, 2022	0.92

The correlation between RITA and BYRE has been stable across timeframes, ranging from 0.88 to 0.92 - a consistent structural relationship.

Return for Risk

RITA vs. BYRE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

RITA

RITA Risk / Return Rank: 26
RITA Sharpe Ratio Rank: 25
RITA Sortino Ratio Rank: 23
RITA Omega Ratio Rank: 23
RITA Calmar Ratio Rank: 27
RITA Martin Ratio Rank: 31

BYRE

BYRE Risk / Return Rank: 22
BYRE Sharpe Ratio Rank: 22
BYRE Sortino Ratio Rank: 20
BYRE Omega Ratio Rank: 19
BYRE Calmar Ratio Rank: 26
BYRE Martin Ratio Rank: 24

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

RITA vs. BYRE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ETFB Green SRI REITs ETF (RITA) and Principal Real Estate Active Opportunities ETF (BYRE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	RITA	BYRE	Difference
Sharpe ratio: Return per unit of total volatility	0.82	0.72	+0.11
Sortino ratio: Return per unit of downside risk	1.20	1.04	+0.16
Omega ratio: Gain probability vs. loss probability	1.15	1.13	+0.02
Calmar ratio: Return relative to maximum drawdown	1.23	1.19	+0.04
Martin ratio: Return relative to average drawdown	4.26	2.98	+1.29

RITA vs. BYRE - Sharpe Ratio Comparison

The current RITA Sharpe Ratio is 0.82, which is comparable to the BYRE Sharpe Ratio of 0.72. The chart below compares the historical Sharpe Ratios of RITA and BYRE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

RITA vs. BYRE - Drawdown Comparison

The maximum RITA drawdown since its inception was -35.92%, which is greater than BYRE's maximum drawdown of -25.70%. Use the drawdown chart below to compare losses from any high point for RITA and BYRE.

Drawdown Indicators

	RITA	BYRE	Difference
Max Drawdown Largest peak-to-trough decline	-35.92%	-25.70%	-10.22%
Max Drawdown (1Y) Largest decline over 1 year	-8.93%	-7.76%	-1.17%
Max Drawdown (3Y) Largest decline over 3 years	-20.85%	-15.20%	-5.65%
Current Drawdown Current decline from peak	-9.96%	-0.72%	-9.24%
Average Drawdown Average peak-to-trough decline	-20.50%	-9.47%	-11.03%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.58%	3.10%	-0.52%

Volatility

RITA vs. BYRE - Volatility Comparison

ETFB Green SRI REITs ETF (RITA) has a higher volatility of 5.59% compared to Principal Real Estate Active Opportunities ETF (BYRE) at 4.53%. This indicates that RITA's price experiences larger fluctuations and is considered to be riskier than BYRE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RITA	BYRE	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.59%	4.53%	+1.06%
Volatility (6M) Calculated over the trailing 6-month period	10.50%	9.68%	+0.82%
Volatility (1Y) Calculated over the trailing 1-year period	13.46%	12.96%	+0.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.80%	18.08%	-0.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.80%	18.08%	-0.28%

RITA vs. BYRE - Expense Ratio Comparison

RITA has a 0.50% expense ratio, which is lower than BYRE's 0.65% expense ratio.

Dividends

RITA vs. BYRE - Dividend Comparison

RITA's dividend yield for the trailing twelve months is around 2.61%, more than BYRE's 2.43% yield.

Position	TTM	2025	2024	2023	2022	2021
BYRE Principal Real Estate Active Opportunities ETF	2.43%	2.71%	2.31%	2.63%	1.86%	0.00%
RITA ETFB Green SRI REITs ETF	2.61%	2.50%	3.12%	3.25%	2.41%	0.21%

Frequently Asked Questions

Can I hold both RITA and BYRE in my portfolio?

RITA and BYRE have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RITA or BYRE?

RITA has higher volatility (5.59%) compared to BYRE (4.53%). In terms of maximum drawdown, RITA dropped -35.92% vs BYRE's -25.70%.

Which ETF is better, RITA or BYRE?

On 3-year performance, BYRE leads with 11.04% vs 7.99% for RITA. On fees, RITA is cheaper at 0.50% per year. On volatility, BYRE has been the lower-risk option at 4.53%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, RITA or BYRE?

Over the 3-year period, BYRE has performed better with a 11.04% return vs 7.99%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, RITA or BYRE?

RITA is cheaper with a 0.50% expense ratio, compared with 0.65% for BYRE.

Which ETF pays a higher dividend yield, RITA or BYRE?

RITA has the higher dividend yield at 2.61%, compared with 2.43% for BYRE.

What is the main difference between RITA and BYRE?

They also come from different issuers: ETFB and Principal. Their fees differ too: 0.50% for RITA and 0.65% for BYRE.

Which has better risk-adjusted returns?

RITA currently has the higher Sharpe Ratio (0.82 vs 0.72), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.