NRSH vs. AREA ETF Comparison
Comparison of Aztlan North America Nearshoring Stock Selection ETF (NRSH) to Harbor AlphaEdge Next Generation REITs ETF (AREA)
NRSH
Aztlan North America Nearshoring Stock Selection ETF
NRSH Description
The initial universe for the index includes companies that, according to GICS classifications, belong to one of the following industries or sub-industries: (a) Industrial REITs, (b) Office REITs, (c) Real Estate Management & Development, (d) Specialized REITs, (e) Ground Transportation, (f) Air Freight & Logistics, (g) Transportation Infrastructure, or (h) Marine Transportation. The fund will invest all, or substantially all, of its assets in the component securities that make up the index. It is non-diversified.
Grade (RS Rating)
Last Trade
$23.14
Average Daily Volume
1,395
17
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
Performance
| Period | NRSH | AREA |
|---|---|---|
| 30 Days | 3.28% | -1.81% |
| 60 Days | 2.97% | -4.28% |
| 90 Days | 4.08% | |
| 12 Months |
0 Overlapping Holdings
| Symbol | Grade | Weight in NRSH | Weight in AREA | Overlap |
|---|
NRSH Underweight 33 Positions Relative to AREA
| 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% |
NRSH: Top Represented Industries & Keywords
AREA: Top Represented Industries & Keywords
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