Principal Real Estate Active Opportunities ETF (BYRE) is a real estate and infrastructure ETF. As of October 9, 2026, ETF Copilot scores BYRE 3.2 out of 10 — highest on Risk (6.5), lowest on Growth (0.2). It trades at 33.1 times earnings, against its own median of 35.9. Its ten largest holdings are 53% of the fund.
What stands out in BYRE's data
A focused portfolio of real estate assets, actively managed for income.
Its profitability sits right at the peer average — the active strategy earns its keep elsewhere.
EBITDA margin of 51.8% matches the category median exactly. Trailing P/E multiple of 33.1x is below the fund's own recent norm of 54.7%.
An active real estate sleeve that relies on manager selection rather than structural cost advantages.
Why did BYRE move this week? It rose 1.7% in the week to October 9, 2026 — Crown Castle and American Tower drove it
BYRE rose 1.7% in the week to October 9, 2026. The holdings that moved it most were Crown Castle (+19.9%), American Tower (+12.4%) and American Homes 4 Rent (+1.9%); Ventas (−2.3%) pushed the other way.
How is BYRE rated? ETF Copilot scores Principal Real Estate Active Opportunities ETF (BYRE) 3.2 out of 10
As of October 9, 2026, ETF Copilot scores Principal Real Estate Active Opportunities ETF (BYRE) 3.2 out of 10 overall.
ETF Copilot scores (0–10 scale, higher is better):
- Overall: 3.2 / 10
- Growth: 0.2 / 10
- Value: 6.2 / 10
- Risk: 6.5 / 10
- Quality: 3.8 / 10
- Return: 1.6 / 10
Is BYRE expensive right now? It trades at 33.1 times earnings, against its own median of 35.9
As of October 9, 2026, BYRE is cheaper than 85% of its own last 4 years.
Trailing 12 months, built from BYRE's holdings. How we calculate this →
What's inside BYRE?
What's inside BYRE: Size (Large 47%, Mid 33%, Small 20%); Geography (International 5%, US 95%); Tech 0.8%.
What are BYRE's top holdings? The ten largest are 53% of the fund
Equinix, Welltower, American Tower, Crown Castle, Sabra Health Care, Ventas, Prologis, Iron Mountain, Extra Space Storage and Gaming and Leisure Propertie are BYRE's largest holdings, in that order.
More concentrated than 64% of Real Estate & Infra ETFs.
Half of BYRE's weight sits in its 10 largest positions, and once those weights are taken into account it behaves like 25 equally weighted holdings.
What is BYRE's expense ratio? 0.60% a year
As of October 9, 2026, BYRE charges 0.60% a year, yields 2.87% and holds $26M in assets across 48 positions.
| Measure | BYRE |
|---|---|
| Expense ratio | 0.60% |
| Dividend yield | 2.87% |
| Assets under management | $26M |
| Holdings | 48 |
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
Cite this
ETF Copilot, “Principal Real Estate Active Opportunities ETF (BYRE) scores and holdings analysis”, as of October 9, 2026.
https://etf-copilot.com/etf/byre
ETF Copilot Pro unlocks BYRE's price and what each holding weighs.
Try Pro free →