AREA vs. SRHR ETF Comparison
Comparison of Harbor AlphaEdge Next Generation REITs ETF (AREA) to SRH REIT Covered Call ETF (SRHR)
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
$19.66
Average Daily Volume
1,674
33
SRHR
SRH REIT Covered Call ETF
SRHR Description
Under normal circumstances, the fund invests at least 80% of its net assets in Real Estate Investment Trusts ("REITs") that are publicly traded on domestic stock exchanges. In addition, the fund strategically implements an option strategy consisting of writing (selling) U.S. exchange-traded covered call options on the REITs in the fund"s portfolio. The fund is non-diversified.Grade (RS Rating)
Last Trade
$59.02
Average Daily Volume
150
25
Performance
| Period | AREA | SRHR |
|---|---|---|
| 30 Days | -5.05% | -4.03% |
| 60 Days | -5.48% | -3.81% |
| 90 Days | 0.72% | |
| 12 Months | 14.76% |
10 Overlapping Holdings
AREA Overweight 23 Positions Relative to SRHR
AREA: Top Represented Industries & Keywords
SRHR: Top Represented Industries & Keywords
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