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IYR vs BYRE

iShares U.S. Real Estate ETF vs Principal Real Estate Active Opportunities ETF

IYR

iShares U.S. Real Estate ETF

iShares

Annual cost

0.38%

Fund size

$4.1B

BYRE

Principal Real Estate Active Opportunities ETF

Principal Funds

Annual cost

0.60%

Fund size

$25M

Key differences

  • IYR costs 0.22% less per year.
  • IYR is significantly larger than BYRE — larger funds tend to be more liquid and less likely to close.
  • IYR follows a index tracking strategy; BYRE uses active selection.
  • IYR has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

IYRBYRE
Annual cost (TER)0.38%0.60%
Fund size (AUM)$4.1B$25M
Since20002022
Dividend yield2.19%2.46%
Asset classequityequity
Regionnorth america
Strategyindex trackingactive selection
CAGR 1Y+13.7%+12.9%
CAGR 3Y+10.1%+10.1%
CAGR 5Y+3.7%N/A
Sharpe 3Y0.450.47
Volatility 1Y13.13%12.34%
Max drawdown-42.32%-25.70%

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

Similar to IYR and BYRE