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
Symbol Grade Weight
RHP B 5.22%
AVB C 5.09%
EQR D 5.04%
CPT D 5.02%
SUI D 5.01%
AMH F 4.97%
UDR D 4.96%
ESS D 4.96%
MAA D 4.84%
IRT D 3.68%
APLE C 2.71%
ELME D 1.26%
PEB F 1.19%
VRE D 1.16%
RLJ F 1.14%
UMH D 1.08%
AIV D 0.92%
CSR D 0.89%
NXRT D 0.81%
SVC F 0.49%
CLDT F 0.33%
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%
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