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BYRE vs TCAL

Principal Real Estate Active Opportunities ETF vs T. Rowe Price Capital Appreciation Premium Income ETF

BYRE

Principal Real Estate Active Opportunities ETF

Principal Funds

Annual cost

0.60%

Fund size

$25M

TCAL

T. Rowe Price Capital Appreciation Premium Income ETF

T. Rowe Price

Annual cost

0.34%

Fund size

$280M

Key differences

  • TCAL costs 0.26% less per year.
  • TCAL is significantly larger than BYRE — larger funds tend to be more liquid and less likely to close.
  • BYRE is classified as equity, while TCAL is alternative — different risk/return profiles.
  • BYRE follows a active selection strategy; TCAL uses option income.

Side-by-side comparison

BYRETCAL
Annual cost (TER)0.60%0.34%
Fund size (AUM)$25M$280M
Since20222025
Dividend yield2.46%11.82%
Asset classequityalternative
Regionnorth america
Strategyactive selectionoption income
CAGR 1Y+12.9%+1.3%
CAGR 3Y+10.1%N/A
CAGR 5YN/AN/A
Sharpe 3Y0.47N/A
Volatility 1Y12.34%9.38%
Max drawdown-25.70%-7.25%

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

Similar to BYRE and TCAL