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BYREvsFRIETF Comparison
Principal Real Estate Active Opportunities ETF (BYRE) and First Trust S&P REIT Index Fund ETF (FRI) belong to the same industry segment: US Real Estate. Both ETFs have the same top 3 sector exposures: and Real Estate. BYRE is more expensive with a Total Expense Ratio (TER) of 0.6%, versus 0.49% for FRI. BYRE is up 7.12% year-to-date (YTD) with +$2M in YTD flows. FRI performs better with 8.64% YTD performance, and +$4M in YTD flows. Run a side-by-side ETF comparison of BYRE and FRI below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
BYRE vs FRI performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | BYRE FRI | +2.55%+0.99% | +7.94%+9.05% | +7.12%+8.64% | +6.20%+10.20% | +23.78%+37.93% | n/a+37.11% |
| Flows | BYRE FRI | +$1M+$12K | +$2M+$4M | +$2M+$4M | +$11M-$2M | +$17M+$17M | -+$88M |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | BYRE FRI | +10.99%+11.30% | +14.78%+16.70% | +16.28%+17.27% | n/a+18.94% |
| Max drawdown | BYRE FRI | -3.26%-3.36% | -10.64%-13.04% | -15.23%-18.74% | n/a-31.41% |
| Max drawdown duration | BYRE FRI | 18d17d | 29d68d | 130d434d | n/a1496d |
BYRE | FRI | |
Last sale 3/11/2026 at 1:30 PM | $26.00 | $29.40 |
| Previous close 03/10/2026 | $26.29 | $29.66 |
| Consolidated volume 03/10/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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BYRE | FRI | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
BYRE | FRI | |
|---|---|---|
| Last price | $26.00 | $29.40 |
| 1D performance | -1.09% | -0.87% |
| AuM | $24.08 M | $166.21 M |
| E/R | 0.6% | 0.49% |
BYRE | FRI | |
|---|---|---|
| Management strategy | Active | Passive |
| Provider | Principal Global Investors | First Trust |
| Benchmark | - | S&P United States REIT Index |
| N° of holdings | 45 | 115 |
| Asset class | - | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | May 19, 2022 | May 8, 2007 |
| ESG | No | No |
Countries
Sectors
Diversification
Total weight of top 15 holdings out of 15
Total weight of top 15 holdings out of 15
Top 15 holdings
How have the BYRE and FRI ETFs performed in 2026?
As of March 9, 2026, BYRE is up 7.12% year-to-date (YTD), while FRI has returned 8.64%. That puts FRI better performer ahead so far this year.
Which ETF is attracting more investor money: BYRE or FRI?
Year-to-date, the BYRE ETF saw +$2M in flows, compared to +$4M for FRI.
Which ETF is more volatile: BYRE or FRI?
Over the past year, BYRE had a volatility of 14.78%, while FRI experienced 16.7%.
Which ETF is bigger: BYRE or FRI?
As of March 9, 2026, BYRE holds $24.08 M in assets under management (AUM), while FRI manages $166.21 M.
What sectors do the BYRE and FRI ETFs invest in?
BYRE leans toward sectors like Real Estate. Meanwhile, FRI focuses on Real Estate.
What are the top holdings of the BYRE ETF and FRI ETF?
BYRE top holdings include WELLTOWER INC, EQUINIX INC COMMON STOCK REIT and AMERICAN TOWER CL A REIT. FRI holds in its top three: WELLTOWER INC, PROLOGIS REIT and EQUINIX INC COMMON STOCK REIT.
Which ETF is more diversified: BYRE or FRI?
BYRE holds 47 securities with 68.65% of its assets in the top 15. FRI has 130 securities and a top 15 weight of 58.47%.
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