Principal Real Estate Active Opportunities ETF (BYRE)

BYRE (Principal Real Estate ETF) is an exchange-traded fund (ETF) that seeks to provide investors with exposure to the U.S. real estate market. The ETF is managed by Principal Global Investors, a global asset management company.

As a real estate ETF, BYRE invests primarily in companies that are involved in the ownership, development, and management of real estate assets in the United States. The ETF seeks to track the performance of the Nasdaq US Real Estate Index, which is a benchmark that tracks the performance of the U.S. real estate market.

The fund's holdings are managed by the investment professionals at Principal Global Investors, who have extensive experience in managing real estate-focused ETFs.

In terms of performance, BYRE has delivered strong returns over the long term, with a focus on providing investors with exposure to the U.S. real estate market. The ETF's focus on U.S. real estate may make it a suitable option for investors who are seeking to diversify their portfolio with exposure to this specific sector of the economy.