BKGI vs. AREA ETF Comparison
Comparison of BNY Mellon Global Infrastructure Income ETF (BKGI) to Harbor AlphaEdge Next Generation REITs ETF (AREA)
BKGI
BNY Mellon Global Infrastructure Income ETF
BKGI Description
BNY Mellon ETF Trust - BNY Mellon Global Infrastructure Income ETF is an exchange traded fund launched and managed by BNY Mellon ETF Investment Adviser, LLC. The fund is co-managed by Newton Investment Management North America, LLC. The fund invests in public equity markets of global region. The fund invests in stocks of companies operating across energy, oil and gas storage and transportation, financials, mortgage real estate investment trusts, industrials, transportation infrastructure, real estate, equity real estate investment trusts and infrastructure sectors. It invests in growth and value stocks of companies across diversified market capitalization. It invests in dividend paying stocks of companies. It employs fundamental and quantitative analysis to create its portfolio. BNY Mellon ETF Trust - BNY Mellon Global Infrastructure Income ETF is domiciled in the United States.
Grade (RS Rating)
Last Trade
$31.83
Average Daily Volume
9,045
13
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
Performance
| Period | BKGI | AREA |
|---|---|---|
| 30 Days | 0.09% | -1.86% |
| 60 Days | -0.87% | -4.63% |
| 90 Days | 2.28% | |
| 12 Months | 19.06% |
1 Overlapping Holdings
| Symbol | Grade | Weight in BKGI | Weight in AREA | Overlap | |
|---|---|---|---|---|---|
| OHI | C | 3.83% | 2.55% | 2.55% |
BKGI Underweight 32 Positions Relative to AREA
| Symbol | Grade | Weight | |
|---|---|---|---|
| WY | D | -7.01% | |
| LAMR | D | -6.89% | |
| AMT | D | -6.24% | |
| SBAC | D | -6.1% | |
| EXR | D | -6.05% | |
| HST | C | -5.76% | |
| CUBE | D | -5.4% | |
| ELS | C | -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 | C | -2.87% | |
| NHI | D | -2.8% | |
| PSA | D | -2.59% | |
| DOC | D | -2.5% | |
| LAND | F | -2.21% | |
| PK | B | -1.74% | |
| OUT | A | -1.5% | |
| SILA | C | -1.26% | |
| NSA | D | -1.21% | |
| LTC | B | -1.13% | |
| INN | D | -1.06% | |
| VTR | C | -1.0% | |
| CCI | D | -0.71% | |
| GLPI | C | -0.48% | |
| INVH | D | -0.42% | |
| XHR | B | -0.26% | |
| PEB | D | -0.25% | |
| DHC | F | -0.19% |
BKGI: Top Represented Industries & Keywords
AREA: Top Represented Industries & Keywords
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