NURE vs. AREA ETF Comparison
Comparison of NuShares Enhanced Yield US Aggregate Bond ETF (NURE) to Harbor AlphaEdge Next Generation REITs ETF (AREA)
NURE
NuShares Enhanced Yield US Aggregate Bond ETF
NURE Description
Fund seeks to track the investments results, before fees and expenses, of the Dow Jones U.S. Select Short-Term REIT Index.
Grade (RS Rating)
Last Trade
$31.69
Average Daily Volume
5,896
Number of Holdings
*
33
* may have additional holdings in another (foreign) market
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
$19.86
Average Daily Volume
229
Number of Holdings
*
34
* may have additional holdings in another (foreign) market
Performance
Period | NURE | AREA |
---|---|---|
30 Days | -5.59% | -4.09% |
60 Days | -6.18% | |
90 Days | -0.68% | |
12 Months | 21.68% |
12 Overlapping Holdings
Symbol | Grade | Weight in NURE | Weight in AREA | Overlap | |
---|---|---|---|---|---|
CUBE | D | 4.72% | 5.19% | 4.72% | |
DRH | D | 1.48% | 3.42% | 1.48% | |
ELS | D | 4.81% | 3.57% | 3.57% | |
EXR | D | 4.9% | 2.94% | 2.94% | |
HST | D | 5.27% | 5.36% | 5.27% | |
INN | F | 0.55% | 1.03% | 0.55% | |
INVH | F | 4.92% | 0.93% | 0.93% | |
NSA | D | 2.49% | 1.17% | 1.17% | |
PK | F | 2.35% | 1.61% | 1.61% | |
PSA | D | 4.82% | 2.51% | 2.51% | |
SHO | D | 1.69% | 2.86% | 1.69% | |
XHR | C | 1.2% | 0.25% | 0.25% |
NURE Overweight 21 Positions Relative to AREA
NURE Underweight 22 Positions Relative to AREA
Symbol | Grade | Weight | |
---|---|---|---|
LAMR | B | -7.21% | |
WY | D | -6.92% | |
AMT | D | -6.47% | |
SBAC | D | -6.22% | |
IRM | B | -4.04% | |
EPR | D | -3.74% | |
SBRA | B | -3.68% | |
RYN | C | -3.62% | |
VICI | D | -3.23% | |
NHI | C | -2.73% | |
OHI | B | -2.57% | |
DOC | C | -2.52% | |
LAND | F | -2.34% | |
CCI | D | -2.15% | |
LTC | A | -1.74% | |
OUT | C | -1.4% | |
VTR | B | -0.99% | |
DHC | D | -0.49% | |
GLPI | D | -0.48% | |
SILA | C | -0.34% | |
BHR | D | -0.3% | |
WELL | A | -0.27% |
NURE: Top Represented Industries & Keywords
Industries:
REIT - Residential
REIT - Hotel & Motel
REIT - Industrial
REIT - Office
Keywords:
Real Estate Investment Trust
Real Estate Market
S&P 500
Hotel
Inland Residential Properties Trust
Mobile Home
Self Storage
Tourism
Equity Real Estate Investment Trust
Extra Space Storage
Hospitality Industry
Hotel Chains
Marriott International
Opentravel Alliance
Property Management
Public Storage
Renovation
Rental Homes
Sun Communities
Swimming
AREA: Top Represented Industries & Keywords
Industries:
REIT - Healthcare Facilities
REIT - Hotel & Motel
REIT - Diversified
REIT - Industrial
Lumber & Wood Production
REIT - Residential
Telecom Services
Business Services
REIT - Retail
Keywords:
Real Estate Investment Trust
S&P 500
Assisted Living
Hotel
Hospitality Industry
Real Estate Market
Sba Communications
Self Storage
Tourism
Travel
Advertising
Advertising Space
Billboard
Cellulose
Cellulose Fiber
Communications Sites
Distributed Antenna System
Extra Space Storage
Golf Courses
Healthcare Facilities