AREA vs. PSL ETF Comparison
Comparison of Harbor AlphaEdge Next Generation REITs ETF (AREA) to PowerShares Dynamic Consumer Staples (PSL)
AREA
Harbor AlphaEdge Next Generation REITs ETF
AREA Description
AREA targetsNext Generation REITs through a proprietary rules-based methodology. Instead of traditional office, multi-family, retail, and industrial REITs, the fund favors non-traditional REITs (e.g., data center, gaming, healthcare & life sciences, hotel & motel, manufactured homes, and self-storage). From an index universe of 3,000 US-listed securities, the fund relies on FactSets RBICS sub-industry classification in filtering Next-Gen REITs. Each qualified company is scored across five factor composites (capital deployment, momentum, quality, risk, and valuation) for a combined stock selection score based on prevailing business cycle regimes. The index provider then selects and weights securities using an optimizer that measures the risk-adjusted returns of the portfolio against a benchmark with similar holdings. The fund holds between 35 and 70 REITs, subject to certain capping limits. The index is reconstituted and rebalanced monthly.
Grade (RS Rating)
Last Trade
$20.01
Average Daily Volume
182
33
PSL
PowerShares Dynamic Consumer Staples
PSL Description
The PowerShares Dynamic Consumer Staples Sector Portfolio (Fund) is based on the Dynamic Consumer Staples Sector IntellidexSM Index (Intellidex Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Intellidex Index thoroughly evaluates companies based on a variety of investment merit criteria, including: price momentum, earnings momentum, quality, management action, and value. The Underlying Intellidex Index is comprised of common stocks of 60 US consumer staples companies. These are companies that are principally engaged in the businesses of providing consumer goods and services that have non-cyclical characteristics, including tobacco, textiles, food and beverage, and non-discretionary retail. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.Grade (RS Rating)
Last Trade
$107.56
Average Daily Volume
2,465
42
Performance
| Period | AREA | PSL |
|---|---|---|
| 30 Days | -1.81% | 6.20% |
| 60 Days | -4.28% | 5.94% |
| 90 Days | 7.10% | |
| 12 Months | 27.80% |
0 Overlapping Holdings
| Symbol | Grade | Weight in AREA | Weight in PSL | Overlap |
|---|
AREA Overweight 33 Positions Relative to PSL
| Symbol | Grade | Weight | |
|---|---|---|---|
| WY | F | 7.01% | |
| LAMR | C | 6.89% | |
| AMT | C | 6.24% | |
| SBAC | D | 6.1% | |
| EXR | C | 6.05% | |
| HST | C | 5.76% | |
| CUBE | C | 5.4% | |
| ELS | C | 3.81% | |
| IRM | C | 3.75% | |
| EPR | C | 3.65% | |
| SBRA | C | 3.64% | |
| DRH | B | 3.58% | |
| RYN | D | 3.56% | |
| VICI | C | 3.24% | |
| SHO | D | 2.87% | |
| NHI | D | 2.8% | |
| PSA | C | 2.59% | |
| OHI | C | 2.55% | |
| DOC | C | 2.5% | |
| LAND | F | 2.21% | |
| PK | C | 1.74% | |
| OUT | A | 1.5% | |
| SILA | C | 1.26% | |
| NSA | C | 1.21% | |
| LTC | B | 1.13% | |
| INN | D | 1.06% | |
| VTR | B | 1.0% | |
| CCI | C | 0.71% | |
| GLPI | C | 0.48% | |
| INVH | D | 0.42% | |
| XHR | B | 0.26% | |
| PEB | D | 0.25% | |
| DHC | F | 0.19% |
AREA Underweight 42 Positions Relative to PSL
| Symbol | Grade | Weight | |
|---|---|---|---|
| SFM | A | -4.04% | |
| CHD | A | -3.56% | |
| MO | A | -3.56% | |
| CASY | A | -3.32% | |
| SCI | B | -3.27% | |
| COST | A | -3.23% | |
| FRPT | A | -3.19% | |
| MNST | C | -3.14% | |
| PG | C | -2.98% | |
| KR | B | -2.97% | |
| USFD | A | -2.92% | |
| BRBR | A | -2.84% | |
| ATGE | B | -2.79% | |
| HRB | D | -2.74% | |
| LRN | A | -2.68% | |
| PM | B | -2.68% | |
| KDP | F | -2.63% | |
| CALM | A | -2.61% | |
| BJ | A | -2.59% | |
| PEP | F | -2.34% | |
| COKE | C | -2.34% | |
| PFGC | B | -2.13% | |
| TAP | C | -2.08% | |
| LAUR | A | -2.07% | |
| INGR | C | -2.0% | |
| UNFI | A | -1.98% | |
| SYY | D | -1.97% | |
| SPB | C | -1.96% | |
| MDLZ | F | -1.95% | |
| LOPE | C | -1.83% | |
| HSY | F | -1.8% | |
| PRDO | B | -1.78% | |
| STZ | D | -1.76% | |
| POST | C | -1.76% | |
| WDFC | B | -1.69% | |
| VITL | D | -1.68% | |
| IPAR | B | -1.61% | |
| BFAM | D | -1.61% | |
| STRA | C | -1.49% | |
| CHEF | A | -1.48% | |
| HAIN | D | -1.41% | |
| KLG | B | -1.35% |
AREA: Top Represented Industries & Keywords
PSL: Top Represented Industries & Keywords
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