AREA vs. BBRE ETF Comparison
Comparison of Harbor AlphaEdge Next Generation REITs ETF (AREA) to JPMorgan BetaBuilders MSCI U.S. REIT ETF (BBRE)
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
BBRE
JPMorgan BetaBuilders MSCI U.S. REIT ETF
BBRE Description
The investment seeks to provide total return. Under normal circumstances, the fund will invest at least 80% of its assets in bonds. It will invest at least 40% of its assets in countries other than the United States. The fund may invest in developed or emerging markets. It generally invests at least 25% of its assets in securities that, at the time of purchase are rated investment grade or the unrated equivalent. "Assets" means net assets plus the amount of borrowings for investment purposes. The fund may also use currency related transactions involving currency derivatives as part of its primary investment strategy.Grade (RS Rating)
Last Trade
$100.43
Average Daily Volume
36,489
114
Performance
| Period | AREA | BBRE |
|---|---|---|
| 30 Days | -1.86% | -0.12% |
| 60 Days | -4.63% | -1.15% |
| 90 Days | 2.93% | |
| 12 Months | 29.32% |
25 Overlapping Holdings
| Symbol | Grade | Weight in AREA | Weight in BBRE | Overlap | |
|---|---|---|---|---|---|
| CUBE | D | 5.4% | 0.95% | 0.95% | |
| DHC | F | 0.19% | 0.03% | 0.03% | |
| DOC | D | 2.5% | 1.3% | 1.3% | |
| DRH | B | 3.58% | 0.17% | 0.17% | |
| ELS | C | 3.81% | 1.09% | 1.09% | |
| EPR | D | 3.65% | 0.3% | 0.3% | |
| EXR | D | 6.05% | 3.02% | 3.02% | |
| GLPI | C | 0.48% | 1.14% | 0.48% | |
| HST | C | 5.76% | 1.09% | 1.09% | |
| INN | D | 1.06% | 0.06% | 0.06% | |
| INVH | D | 0.42% | 1.8% | 0.42% | |
| IRM | D | 3.75% | 2.95% | 2.95% | |
| LAND | F | 2.21% | 0.04% | 0.04% | |
| LTC | B | 1.13% | 0.14% | 0.14% | |
| NHI | D | 2.8% | 0.3% | 0.3% | |
| NSA | D | 1.21% | 0.34% | 0.34% | |
| OHI | C | 2.55% | 0.82% | 0.82% | |
| PEB | D | 0.25% | 0.15% | 0.15% | |
| PK | B | 1.74% | 0.28% | 0.28% | |
| PSA | D | 2.59% | 4.27% | 2.59% | |
| SBRA | C | 3.64% | 0.38% | 0.38% | |
| SHO | C | 2.87% | 0.19% | 0.19% | |
| VICI | C | 3.24% | 2.7% | 2.7% | |
| VTR | C | 1.0% | 2.24% | 1.0% | |
| XHR | B | 0.26% | 0.15% | 0.15% |
AREA Underweight 89 Positions Relative to BBRE
| Symbol | Grade | Weight | |
|---|---|---|---|
| PLD | D | -8.9% | |
| EQIX | A | -7.34% | |
| WELL | A | -6.17% | |
| DLR | B | -4.57% | |
| SPG | B | -4.49% | |
| O | D | -3.75% | |
| AVB | B | -2.78% | |
| EQR | B | -2.27% | |
| ESS | B | -1.7% | |
| MAA | B | -1.59% | |
| KIM | A | -1.47% | |
| ARE | D | -1.42% | |
| SUI | D | -1.37% | |
| UDR | B | -1.26% | |
| REG | B | -1.09% | |
| CPT | B | -1.07% | |
| BXP | D | -1.04% | |
| AMH | D | -1.04% | |
| WPC | D | -1.03% | |
| BRX | A | -0.78% | |
| FRT | B | -0.73% | |
| REXR | F | -0.69% | |
| NNN | D | -0.69% | |
| EGP | F | -0.65% | |
| FR | C | -0.61% | |
| ADC | B | -0.6% | |
| VNO | B | -0.59% | |
| STAG | F | -0.57% | |
| COLD | D | -0.54% | |
| KRG | B | -0.53% | |
| RHP | B | -0.52% | |
| SLG | B | -0.45% | |
| CUZ | B | -0.42% | |
| EPRT | B | -0.42% | |
| IRT | A | -0.42% | |
| TRNO | F | -0.4% | |
| PECO | A | -0.4% | |
| MAC | B | -0.37% | |
| KRC | C | -0.36% | |
| SKT | B | -0.34% | |
| CDP | C | -0.31% | |
| DEI | B | -0.3% | |
| APLE | B | -0.3% | |
| HIW | D | -0.3% | |
| CTRE | D | -0.27% | |
| BNL | D | -0.26% | |
| IIPR | D | -0.26% | |
| UE | C | -0.24% | |
| LXP | D | -0.23% | |
| MPW | F | -0.23% | |
| AKR | B | -0.22% | |
| FCPT | C | -0.22% | |
| IVT | B | -0.21% | |
| ROIC | A | -0.2% | |
| EQC | B | -0.2% | |
| JBGS | D | -0.15% | |
| ESRT | C | -0.14% | |
| RLJ | C | -0.14% | |
| ELME | D | -0.13% | |
| GNL | F | -0.13% | |
| ALEX | C | -0.13% | |
| VRE | B | -0.13% | |
| AAT | B | -0.13% | |
| GTY | B | -0.12% | |
| AIV | C | -0.12% | |
| PDM | D | -0.11% | |
| UMH | C | -0.1% | |
| DEA | D | -0.1% | |
| NXRT | B | -0.1% | |
| CSR | B | -0.1% | |
| BDN | C | -0.09% | |
| PLYM | F | -0.08% | |
| PGRE | F | -0.08% | |
| AHH | D | -0.08% | |
| NTST | D | -0.08% | |
| GOOD | B | -0.07% | |
| WSR | A | -0.07% | |
| BFS | C | -0.06% | |
| FPI | B | -0.06% | |
| OLP | B | -0.05% | |
| ALX | D | -0.05% | |
| UHT | D | -0.05% | |
| GMRE | F | -0.05% | |
| CBL | A | -0.04% | |
| SVC | F | -0.04% | |
| CLDT | B | -0.04% | |
| CHCT | C | -0.04% | |
| HPP | F | -0.04% | |
| PKST | D | -0.03% |
AREA: Top Represented Industries & Keywords
BBRE: Top Represented Industries & Keywords
Compare ETFs
