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BYRE vs REZ

Principal Real Estate Active Opportunities ETF vs iShares Residential and Multisector Real Estate ETF

BYRE

Principal Real Estate Active Opportunities ETF

Principal Funds

Annual cost

0.60%

Fund size

$25M

REZ

iShares Residential and Multisector Real Estate ETF

iShares

Annual cost

0.48%

Fund size

$843M

Key differences

  • REZ costs 0.12% less per year.
  • REZ is significantly larger than BYRE — larger funds tend to be more liquid and less likely to close.
  • BYRE follows a active selection strategy; REZ uses index tracking.
  • Over the last 3 years, REZ has delivered higher annualized returns.
  • REZ has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

BYREREZ
Annual cost (TER)0.60%0.48%
Fund size (AUM)$25M$843M
Since20222007
Dividend yield2.46%2.10%
Asset classequityequity
Regionnorth america
Strategyactive selectionindex tracking
CAGR 1Y+12.9%+15.3%
CAGR 3Y+10.1%+11.8%
CAGR 5YN/A+5.8%
Sharpe 3Y0.470.53
Volatility 1Y12.34%14.21%
Max drawdown-25.70%-44.15%

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

Similar to BYRE and REZ