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REZ vs BYRE

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

REZ

iShares Residential and Multisector Real Estate ETF

iShares

Annual cost

0.48%

Fund size

$843M

BYRE

Principal Real Estate Active Opportunities ETF

Principal Funds

Annual cost

0.60%

Fund size

$25M

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.
  • REZ follows a index tracking strategy; BYRE uses active selection.
  • 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

REZBYRE
Annual cost (TER)0.48%0.60%
Fund size (AUM)$843M$25M
Since20072022
Dividend yield2.10%2.46%
Asset classequityequity
Regionnorth america
Strategyindex trackingactive selection
CAGR 1Y+15.6%+13.1%
CAGR 3Y+12.1%+10.5%
CAGR 5Y+5.8%N/A
Sharpe 3Y0.540.49
Volatility 1Y14.19%12.35%
Max drawdown-44.15%-25.70%

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

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