BEDZ vs. AREA ETF Comparison
Comparison of AdvisorShares Hotel ETF (BEDZ) to Harbor AlphaEdge Next Generation REITs ETF (AREA)
BEDZ
AdvisorShares Hotel ETF
BEDZ Description
The investment seeks long-term capital appreciation. The fund is an actively ETF that seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in securities of companies that derive at least 50% of their net revenue from the hotel business. It may also invest in companies involved in other lodging and travel-related services. The fund invests primarily in U.S. exchange listed equity securities, including common and preferred stock and ?ADRs. It is non-diversified.
Grade (RS Rating)
Last Trade
$33.21
Average Daily Volume
295
23
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
33
Performance
Period | BEDZ | AREA |
---|---|---|
30 Days | 8.74% | -1.81% |
60 Days | 12.03% | -4.28% |
90 Days | 18.31% | |
12 Months | 27.96% |
BEDZ Underweight 26 Positions Relative to AREA
Symbol | Grade | Weight | |
---|---|---|---|
WY | F | -7.01% | |
LAMR | C | -6.89% | |
AMT | C | -6.24% | |
SBAC | D | -6.1% | |
EXR | C | -6.05% | |
CUBE | C | -5.4% | |
ELS | C | -3.81% | |
IRM | C | -3.75% | |
EPR | C | -3.65% | |
SBRA | C | -3.64% | |
DRH | B | -3.58% | |
RYN | D | -3.56% | |
SHO | D | -2.87% | |
NHI | D | -2.8% | |
PSA | C | -2.59% | |
OHI | C | -2.55% | |
DOC | C | -2.5% | |
LAND | F | -2.21% | |
OUT | A | -1.5% | |
SILA | C | -1.26% | |
NSA | C | -1.21% | |
LTC | B | -1.13% | |
VTR | B | -1.0% | |
CCI | C | -0.71% | |
INVH | D | -0.42% | |
DHC | F | -0.19% |
BEDZ: Top Represented Industries & Keywords
AREA: Top Represented Industries & Keywords