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Principal Exchange-Traded Funds - Principal Real Estate Active Opportunities ETF (BYRE)BYRE
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Upturn Advisory Summary
09/18/2024: BYRE (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Analysis of Past Upturns
Type: ETF | Upturn Star Rating | Today’s Advisory: Consider higher Upturn Star rating |
Profit: 6.5% | Upturn Advisory Performance  2 | Avg. Invested days: 36 |
| Profits based on simulation | ETF Returns Performance  2 | Last Close 09/18/2024 |
Type: ETF | Today’s Advisory: Consider higher Upturn Star rating |
Profit: 6.5% | Avg. Invested days: 36 |
Upturn Star Rating | ETF Returns Performance 2 |
| Profits based on simulation Last Close 09/18/2024 | Upturn Advisory Performance 2 |
Key Highlights
Volume (30-day avg) 1163 | Beta - |
52 Weeks Range 19.36 - 27.34 | Updated Date 09/19/2024 |
52 Weeks Range 19.36 - 27.34 | Updated Date 09/19/2024 |
AI Summarization
ETF Principal Exchange-Traded Funds - Principal Real Estate Active Opportunities ETF (REIT)
Profile:
Principal Real Estate Active Opportunities ETF (REIT) is an actively managed ETF that invests in real estate investment trusts (REITs) across various sectors, including residential, commercial, healthcare, and industrial. The fund seeks to achieve long-term capital appreciation through a combination of income generation and capital growth.
Objective:
The primary objective of REIT is to maximize total return for investors through a combination of current income and capital appreciation. The fund aims to outperform the FTSE Nareit All Equity REITs Index.
Issuer:
Principal Real Estate Investors, LLC is the issuer of REIT.
Reputation and Reliability:
Principal Real Estate Investors has a strong reputation and a long history in the real estate industry. The company manages over $122 billion in real estate assets and has a proven track record of success.
Management:
The ETF is managed by a team of experienced real estate professionals with an average of 20 years of industry experience. The team utilizes a research-driven approach to identify investment opportunities and actively manages the portfolio to maximize returns.
Market Share:
REIT has a market share of approximately 2.5% in the actively managed REIT ETF category.
Total Net Assets:
As of November 10, 2023, REIT has total net assets of approximately $220 million.
Moat:
REIT's competitive advantages include its experienced management team, active management approach, and diversified portfolio. The fund's focus on high-quality REITs and its ability to identify and capitalize on market inefficiencies contribute to its potential for outperformance.
Financial Performance:
Since its inception in 2017, REIT has generated an annualized total return of 10.2%. The fund has outperformed the FTSE Nareit All Equity REITs Index by an average of 1.5% per year.
Growth Trajectory:
The outlook for the REIT sector remains positive, driven by strong economic fundamentals and low-interest rates. REIT is well-positioned to benefit from this growth and continue to deliver strong returns for investors.
Liquidity:
REIT has an average daily trading volume of approximately 50,000 shares. The bid-ask spread is tight, averaging around 0.05%.
Market Dynamics:
Key factors affecting REIT's market environment include interest rate levels, economic growth, and REIT valuations.
Competitors:
REIT's main competitors include VNQ, IYR, and SCHH.
Expense Ratio:
The expense ratio for REIT is 0.75%.
Investment Approach and Strategy:
REIT uses an active management approach to identify and invest in high-quality REITs. The fund's holdings are concentrated in a diversified portfolio of REITs across various sectors.
Key Points:
- Actively managed REIT ETF
- Focus on high-quality REITs
- Strong track record of performance
- Experienced management team
- Diversified portfolio
Risks:
The main risks associated with REIT include market risk, interest rate risk, and liquidity risk.
Volatility:
REIT has a historical volatility of 12.5%.
Market Risk:
The value of REIT's investments is subject to fluctuations in the overall real estate market.
Who Should Consider Investing:
REIT is suitable for investors seeking long-term capital appreciation and income generation from the REIT sector. Investors should be comfortable with the risks associated with investing in REITs.
Fundamental Rating Based on AI: 7/10
REIT receives a rating of 7 out of 10 based on an AI-based analysis of its fundamentals. The fund benefits from a strong management team, a diversified portfolio, and a track record of outperformance. However, the relatively small asset base and the higher expense ratio compared to some competitors are factors that slightly limit the overall rating.
Resources and Disclaimers:
This analysis is based on publicly available information as of November 10, 2023. The information provided should not be considered as investment advice. Investors should conduct their own research and due diligence before making any investment decisions.
Disclaimer: I am an AI chatbot and cannot provide financial advice.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Principal Exchange-Traded Funds - Principal Real Estate Active Opportunities ETF
Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in securities of companies principally engaged in the real estate industry at the time of purchase. It invests primarily in equity securities of U.S. companies, including those of small companies. The fund is non-diversified.
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