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BYRE vs FREL

Principal Real Estate Active Opportunities ETF vs Fidelity MSCI Real Estate Index ETF

BYRE

Principal Real Estate Active Opportunities ETF

Principal Funds

Annual cost

0.60%

Fund size

$25M

FREL

Fidelity MSCI Real Estate Index ETF

Fidelity Investments

Annual cost

0.08%

Fund size

$1.4B

Key differences

  • FREL costs 0.52% less per year.
  • FREL is significantly larger than BYRE — larger funds tend to be more liquid and less likely to close.
  • BYRE follows a active selection strategy; FREL uses index tracking.
  • FREL has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

BYREFREL
Annual cost (TER)0.60%0.08%
Fund size (AUM)$25M$1.4B
Since20222015
Dividend yield2.46%3.28%
Asset classequityequity
Regionnorth america
Strategyactive selectionindex tracking
CAGR 1Y+12.9%+14.9%
CAGR 3Y+10.1%+10.4%
CAGR 5YN/A+3.5%
Sharpe 3Y0.470.47
Volatility 1Y12.34%13.15%
Max drawdown-25.70%-42.61%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to BYRE and FREL