AREA vs. TBG ETF Comparison
Comparison of Harbor AlphaEdge Next Generation REITs ETF (AREA) to TBG Dividend Focus ETF (TBG)
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
$20.14
Average Daily Volume
178
33
TBG
TBG Dividend Focus ETF
TBG Description
The fund seeks to achieve its investment objective by investing in equity securities of small-, mid- and large- capitalization companies that the sub-adviser believes have the potential to grow their dividends over time. The fund will invest primarily in companies that have operations in and/or domiciled in the U.S. and that trade on U.S. stock exchanges. In addition, the fund may invest in real estate investment trusts (REITs) and master limited partnerships (MLPs).Grade (RS Rating)
Last Trade
$33.72
Average Daily Volume
16,908
33
Performance
| Period | AREA | TBG |
|---|---|---|
| 30 Days | -1.86% | 3.97% |
| 60 Days | -4.63% | 5.35% |
| 90 Days | 9.29% | |
| 12 Months | 34.63% |
1 Overlapping Holdings
| Symbol | Grade | Weight in AREA | Weight in TBG | Overlap | |
|---|---|---|---|---|---|
| LAMR | D | 6.89% | 2.51% | 2.51% |
AREA Overweight 32 Positions Relative to TBG
| Symbol | Grade | Weight | |
|---|---|---|---|
| WY | D | 7.01% | |
| AMT | D | 6.24% | |
| SBAC | D | 6.1% | |
| EXR | D | 6.05% | |
| HST | C | 5.76% | |
| CUBE | D | 5.4% | |
| ELS | C | 3.81% | |
| IRM | D | 3.75% | |
| EPR | D | 3.65% | |
| SBRA | C | 3.64% | |
| DRH | B | 3.58% | |
| RYN | D | 3.56% | |
| VICI | C | 3.24% | |
| SHO | C | 2.87% | |
| NHI | D | 2.8% | |
| PSA | D | 2.59% | |
| OHI | C | 2.55% | |
| DOC | D | 2.5% | |
| LAND | F | 2.21% | |
| PK | B | 1.74% | |
| OUT | A | 1.5% | |
| SILA | C | 1.26% | |
| NSA | D | 1.21% | |
| LTC | B | 1.13% | |
| INN | D | 1.06% | |
| VTR | C | 1.0% | |
| CCI | D | 0.71% | |
| GLPI | C | 0.48% | |
| INVH | D | 0.42% | |
| XHR | B | 0.26% | |
| PEB | D | 0.25% | |
| DHC | F | 0.19% |
AREA Underweight 32 Positions Relative to TBG
| Symbol | Grade | Weight | |
|---|---|---|---|
| SPG | B | -4.54% | |
| CVX | A | -4.33% | |
| GILD | C | -4.28% | |
| IBM | C | -4.27% | |
| CSCO | B | -4.13% | |
| ET | A | -4.0% | |
| LYB | F | -3.98% | |
| VZ | C | -3.89% | |
| CMI | A | -3.72% | |
| EPD | A | -3.69% | |
| BX | A | -3.66% | |
| TFC | A | -3.54% | |
| MRK | F | -3.23% | |
| KVUE | A | -3.08% | |
| OWL | A | -3.07% | |
| AEP | D | -2.8% | |
| PG | A | -2.72% | |
| MS | A | -2.54% | |
| GIS | D | -2.52% | |
| TXN | C | -2.49% | |
| LMT | D | -2.47% | |
| MC | C | -2.22% | |
| JPM | A | -2.1% | |
| APO | B | -2.08% | |
| CLX | B | -2.01% | |
| AMGN | D | -2.0% | |
| PEP | F | -1.98% | |
| XOM | B | -1.96% | |
| SBUX | A | -1.73% | |
| JNJ | D | -1.54% | |
| AVGO | D | -1.41% | |
| MCD | D | -1.22% |
AREA: Top Represented Industries & Keywords
TBG: Top Represented Industries & Keywords
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