AREA vs. USRT ETF Comparison
Comparison of Harbor AlphaEdge Next Generation REITs ETF (AREA) to iShares Core U.S. REIT ETF (USRT)
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
USRT
iShares Core U.S. REIT ETF
USRT Description
The iShares Core U.S. REIT ETF seeks to track the investment results of an index composed of U.S. real estate equities.Grade (RS Rating)
Last Trade
$61.34
Average Daily Volume
236,762
132
Performance
| Period | AREA | USRT |
|---|---|---|
| 30 Days | -1.86% | -0.13% |
| 60 Days | -4.63% | -1.02% |
| 90 Days | 3.17% | |
| 12 Months | 29.70% |
28 Overlapping Holdings
| Symbol | Grade | Weight in AREA | Weight in USRT | Overlap | |
|---|---|---|---|---|---|
| CUBE | D | 5.4% | 0.9% | 0.9% | |
| DHC | F | 0.19% | 0.05% | 0.05% | |
| DOC | D | 2.5% | 1.21% | 1.21% | |
| DRH | B | 3.58% | 0.15% | 0.15% | |
| ELS | C | 3.81% | 1.08% | 1.08% | |
| EPR | D | 3.65% | 0.27% | 0.27% | |
| EXR | D | 6.05% | 2.85% | 2.85% | |
| GLPI | C | 0.48% | 1.06% | 0.48% | |
| HST | C | 5.76% | 1.0% | 1.0% | |
| INN | D | 1.06% | 0.05% | 0.05% | |
| INVH | D | 0.42% | 1.71% | 0.42% | |
| IRM | D | 3.75% | 2.77% | 2.77% | |
| LAMR | D | 6.89% | 0.91% | 0.91% | |
| LAND | F | 2.21% | 0.03% | 0.03% | |
| LTC | B | 1.13% | 0.14% | 0.14% | |
| NHI | D | 2.8% | 0.27% | 0.27% | |
| NSA | D | 1.21% | 0.25% | 0.25% | |
| OHI | C | 2.55% | 0.82% | 0.82% | |
| OUT | A | 1.5% | 0.22% | 0.22% | |
| PEB | D | 0.25% | 0.12% | 0.12% | |
| PK | B | 1.74% | 0.25% | 0.25% | |
| PSA | D | 2.59% | 4.39% | 2.59% | |
| SBRA | C | 3.64% | 0.35% | 0.35% | |
| SHO | C | 2.87% | 0.17% | 0.17% | |
| SILA | C | 1.26% | 0.12% | 0.12% | |
| VICI | C | 3.24% | 2.73% | 2.73% | |
| VTR | C | 1.0% | 2.12% | 1.0% | |
| XHR | B | 0.26% | 0.12% | 0.12% |
AREA Underweight 104 Positions Relative to USRT
| Symbol | Grade | Weight | |
|---|---|---|---|
| PLD | D | -8.68% | |
| EQIX | A | -7.05% | |
| WELL | A | -6.79% | |
| SPG | B | -4.83% | |
| DLR | B | -4.8% | |
| O | D | -4.08% | |
| AVB | B | -2.69% | |
| EQR | B | -2.3% | |
| ESS | B | -1.6% | |
| MAA | B | -1.52% | |
| ARE | D | -1.51% | |
| KIM | A | -1.36% | |
| SUI | D | -1.28% | |
| UDR | B | -1.2% | |
| REG | B | -1.12% | |
| AMH | D | -1.05% | |
| CPT | B | -1.03% | |
| BXP | D | -1.02% | |
| WPC | D | -1.0% | |
| FRT | B | -0.77% | |
| REXR | F | -0.75% | |
| BRX | A | -0.72% | |
| EGP | F | -0.69% | |
| NNN | D | -0.63% | |
| ADC | B | -0.62% | |
| VNO | B | -0.59% | |
| FR | C | -0.57% | |
| HR | C | -0.55% | |
| RHP | B | -0.54% | |
| STAG | F | -0.54% | |
| COLD | D | -0.51% | |
| TRNO | F | -0.48% | |
| KRG | B | -0.48% | |
| EPRT | B | -0.47% | |
| SLG | B | -0.41% | |
| CTRE | D | -0.39% | |
| IRT | A | -0.39% | |
| PECO | A | -0.39% | |
| KRC | C | -0.38% | |
| CUZ | B | -0.38% | |
| MAC | B | -0.34% | |
| LINE | F | -0.32% | |
| SKT | B | -0.31% | |
| APLE | B | -0.29% | |
| CDP | C | -0.28% | |
| BNL | D | -0.27% | |
| HIW | D | -0.27% | |
| IIPR | D | -0.24% | |
| UE | C | -0.23% | |
| LXP | D | -0.22% | |
| DEI | B | -0.21% | |
| AKR | B | -0.21% | |
| MPW | F | -0.21% | |
| FCPT | C | -0.21% | |
| CURB | D | -0.19% | |
| ROIC | A | -0.18% | |
| AHR | A | -0.18% | |
| IVT | B | -0.17% | |
| GTY | B | -0.13% | |
| ALEX | C | -0.12% | |
| ESRT | C | -0.12% | |
| ELME | D | -0.12% | |
| VRE | B | -0.12% | |
| GNL | F | -0.12% | |
| RLJ | C | -0.12% | |
| AAT | B | -0.11% | |
| PDM | D | -0.1% | |
| DEA | D | -0.1% | |
| NTST | D | -0.1% | |
| AIV | C | -0.1% | |
| UMH | C | -0.1% | |
| JBGS | D | -0.1% | |
| NXRT | B | -0.09% | |
| SAFE | D | -0.09% | |
| CSR | B | -0.09% | |
| BDN | C | -0.07% | |
| PGRE | F | -0.07% | |
| GOOD | B | -0.06% | |
| WSR | A | -0.06% | |
| AHH | D | -0.06% | |
| PLYM | F | -0.06% | |
| SITC | D | -0.06% | |
| CBL | A | -0.05% | |
| CTO | B | -0.04% | |
| CLDT | B | -0.04% | |
| SVC | F | -0.04% | |
| OLP | B | -0.04% | |
| NLOP | C | -0.04% | |
| PKST | D | -0.04% | |
| ALX | D | -0.04% | |
| HPP | F | -0.04% | |
| CHCT | C | -0.04% | |
| UHT | D | -0.04% | |
| GMRE | F | -0.04% | |
| FPI | B | -0.04% | |
| PSTL | D | -0.03% | |
| BFS | C | -0.03% | |
| NXDT | D | -0.02% | |
| CIO | D | -0.02% | |
| ONL | C | -0.02% | |
| PINE | C | -0.02% | |
| BRT | B | -0.02% | |
| BHR | B | -0.02% | |
| ILPT | D | -0.02% |
AREA: Top Represented Industries & Keywords
USRT: Top Represented Industries & Keywords
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