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See exactly how BYRE's revenue becomes profit — a Sankey that traces revenue (and its reported segments) through gross profit, operating expenses, and net profit, with the year-over-year change on every line.
The same diagram the Chart Builder draws, right on the Summary tab. Upgrade to unlock it for BYRE and 80,000+ other tickers.
This actively managed Exchange Traded Fund (ETF) invests in Real Estate Investment Trusts (REITs), pursuing a dual mandate of achieving superior total returns and generating a reliable income stream. Its portfolio primarily comprises U.S. real estate securities, yet it maintains the flexibility to capitalize on compelling international real estate opportunities. Building upon the success of our flagship REIT mutual funds, BYRE stands apart with a deliberate focus on higher tracking error and elevated income objectives.
REITs extended their winning streak into August with a +2.11% average total return and are now +6.97% thus far in 2024. Large cap (+5.27%), mid-cap (+3.51%) and small cap REITs (+0.84%) averaged gains in August. Micro caps (-3.03%), however, finished August in the red. 68.39% of REIT securities had a positive total return in August.
The REIT sector soared in July with an +8.33% average total return and is now in the black year to date with +3.83% thus far in 2024. Small cap (+9.91%) and mid-cap REITs (+9.77%) averaged the highest total returns in July. Micro-caps (+5.85%) and large-caps (+5.53%) were also in the black in July, albeit. 86.84% of REIT securities had a positive total return in July.
The REIT sector continued to recover in June with a +1.12% average total return, but closed out the first half of the year in the red (-3.86%). Micro cap REITs (-3.79%) averaged a negative total return in June, but small caps (+1.01%), mid-caps (+2.29%) and large caps (+2.88%) finished in the black. 65.58% of REIT securities had a positive total return in June.
With a -4.27% average total return in April, REITs have now seen declines in 3 of the first 4 months of 2024. Micro caps (-2.71%) and small caps (-2.87%) averaged low single digit declines in April, while mid-caps (-5.36%) and large caps (-5.99%) performed even worse. 78.71% of REIT securities had a negative total return in April.
REITs bounced back from a rough start to the year with a strong +3.26% average total return in March. Mid cap (+5.04%), small cap (+3.90%) and large cap REITs (+2.32%) averaged gains in March, while micro caps (-0.32%) saw yet another month in the red. 78.06% of REIT securities had a positive total return in March.