PTEC vs. AREA ETF Comparison
Comparison of Global X PropTech ETF (PTEC) to Harbor AlphaEdge Next Generation REITs ETF (AREA)
PTEC
Global X PropTech ETF
PTEC Description
The fund invests at least 80% of its net assets, plus borrowings for investments purposes (if any), in the securities of the Global X PropTech Index, which may include common stocks, American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs) based on the securities in the underlying index. The underlying index is owned and was developed by Global X Management Company LLC, an affiliate of the fund and the fund's investment adviser. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$34.30
Average Daily Volume
86
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
$19.77
Average Daily Volume
190
33
Performance
| Period | PTEC | AREA |
|---|---|---|
| 30 Days | 0.06% | -4.70% |
| 60 Days | 2.91% | -5.33% |
| 90 Days | 11.51% | |
| 12 Months | 30.45% |
0 Overlapping Holdings
| Symbol | Grade | Weight in PTEC | Weight in AREA | Overlap |
|---|
PTEC Underweight 33 Positions Relative to AREA
| Symbol | Grade | Weight | |
|---|---|---|---|
| WY | D | -7.01% | |
| LAMR | D | -6.89% | |
| AMT | D | -6.24% | |
| SBAC | C | -6.1% | |
| EXR | C | -6.05% | |
| HST | D | -5.76% | |
| CUBE | C | -5.4% | |
| ELS | B | -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 | D | -2.87% | |
| NHI | D | -2.8% | |
| PSA | C | -2.59% | |
| OHI | C | -2.55% | |
| DOC | D | -2.5% | |
| LAND | F | -2.21% | |
| PK | D | -1.74% | |
| OUT | A | -1.5% | |
| SILA | D | -1.26% | |
| NSA | C | -1.21% | |
| LTC | B | -1.13% | |
| INN | D | -1.06% | |
| VTR | C | -1.0% | |
| CCI | C | -0.71% | |
| GLPI | C | -0.48% | |
| INVH | D | -0.42% | |
| XHR | B | -0.26% | |
| PEB | F | -0.25% | |
| DHC | F | -0.19% |
PTEC: Top Represented Industries & Keywords
AREA: Top Represented Industries & Keywords
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