AREA vs. RIET ETF Comparison

Comparison of Harbor AlphaEdge Next Generation REITs ETF (AREA) to Hoya Capital High Dividend Yield ETF (RIET)
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

Number of Holdings *

33

* may have additional holdings in another (foreign) market
RIET

Hoya Capital High Dividend Yield ETF

RIET Description Hoya Capital High Dividend Yield ETF is an exchange traded fund launched by ETF Series Solutions. The fund is co-managed by Hoya Capital Real Estate, LLC and Penserra Capital Management, LLC. It invests in the public equity markets of the United States. The fund invests in the stocks of companies operating in the financial, diversified financials, mortgage real estate investment trust, real estate investment trusts, real estate, equity real estate investment trust, real estate management and development and real estate operating companies sectors. The fund invests in dividend paying, growth and value stocks of companies across diversified market capitalizations. It replicates the performance of the Hoya Capital High Dividend Yield Index, by using full replication technique. Hoya Capital High Dividend Yield ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$10.62

Average Daily Volume

59,657

Number of Holdings *

63

* may have additional holdings in another (foreign) market
Performance
Period AREA RIET
30 Days -1.81% -2.69%
60 Days -4.28% -3.85%
90 Days 0.55%
12 Months 19.17%
11 Overlapping Holdings
Symbol Grade Weight in AREA Weight in RIET Overlap
CCI C 0.71% 1.5% 0.71%
DOC C 2.5% 1.53% 1.53%
EPR C 3.65% 1.23% 1.23%
EXR C 6.05% 1.61% 1.61%
GLPI C 0.48% 1.56% 0.48%
LTC B 1.13% 1.24% 1.13%
NSA C 1.21% 1.7% 1.21%
OHI C 2.55% 1.76% 1.76%
OUT A 1.5% 1.44% 1.44%
SBRA C 3.64% 1.41% 1.41%
VICI C 3.24% 1.58% 1.58%
AREA Overweight 22 Positions Relative to RIET
Symbol Grade Weight
WY F 7.01%
LAMR C 6.89%
AMT C 6.24%
SBAC D 6.1%
HST C 5.76%
CUBE C 5.4%
ELS C 3.81%
IRM C 3.75%
DRH B 3.58%
RYN D 3.56%
SHO D 2.87%
NHI D 2.8%
PSA C 2.59%
LAND F 2.21%
PK C 1.74%
SILA C 1.26%
INN D 1.06%
VTR B 1.0%
INVH D 0.42%
XHR B 0.26%
PEB D 0.25%
DHC F 0.19%
AREA Underweight 52 Positions Relative to RIET
Symbol Grade Weight
UNIT B -1.98%
BXP C -1.84%
SPG A -1.68%
KRC B -1.66%
EQR C -1.58%
O C -1.53%
CLPR D -1.51%
APLE B -1.5%
STWD C -1.45%
NNN C -1.45%
AGNC C -1.41%
WPC C -1.38%
OLP B -1.38%
HIW C -1.38%
GOOD B -1.35%
KREF C -1.34%
NREF A -1.33%
BNL D -1.27%
BDN C -1.26%
CTO B -1.25%
ABR C -1.24%
GPMT C -1.22%
UHT D -1.21%
ACRE B -1.2%
LADR B -1.19%
TRTX C -1.18%
PSTL D -1.17%
BXMT C -1.17%
EFC C -1.15%
DX B -1.15%
DEA D -1.15%
ALX D -1.14%
CIO C -1.14%
BRSP C -1.14%
FBRT D -1.14%
AHH D -1.1%
GNL F -1.1%
GMRE F -1.08%
PMT C -1.08%
IIPR D -1.06%
ARI C -1.01%
CMTG F -1.01%
RC D -0.97%
CHCT C -0.94%
MPW F -0.94%
AFCG D -0.87%
CHMI F -0.82%
SACH F -0.55%
SVC F -0.54%
NYMTN D -0.34%
NYMTM A -0.32%
AGNCN A -0.31%
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