JPRE vs. AREA ETF Comparison
Comparison of JPMorgan Realty Income ETF (JPRE) to Harbor AlphaEdge Next Generation REITs ETF (AREA)
JPRE
JPMorgan Realty Income ETF
JPRE Description
The investment seeks to provide high total investment return through a combination of capital appreciation and current income. The fund seeks to achieve its objective by investing substantially all of its assets, and in any event under normal circumstances at least 80% of its net assets (plus the amount of any borrowings for investment purposes), in equity securities of real estate investment trusts (REITs), including REITs with relatively small market capitalizations. It may invest in both equity REITs and mortgage REITs. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$50.14
Average Daily Volume
23,723
29
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 | JPRE | AREA |
|---|---|---|
| 30 Days | -0.48% | -1.81% |
| 60 Days | -1.25% | -4.28% |
| 90 Days | 2.13% | |
| 12 Months | 24.37% |
12 Overlapping Holdings
| Symbol | Grade | Weight in JPRE | Weight in AREA | Overlap | |
|---|---|---|---|---|---|
| AMT | C | 7.89% | 6.24% | 6.24% | |
| ELS | C | 3.7% | 3.81% | 3.7% | |
| EXR | C | 3.73% | 6.05% | 3.73% | |
| HST | C | 2.32% | 5.76% | 2.32% | |
| INVH | D | 1.41% | 0.42% | 0.42% | |
| OUT | A | 1.07% | 1.5% | 1.07% | |
| PSA | C | 1.6% | 2.59% | 1.6% | |
| SBAC | D | 2.02% | 6.1% | 2.02% | |
| SBRA | C | 1.72% | 3.64% | 1.72% | |
| VICI | C | 4.05% | 3.24% | 3.24% | |
| VTR | B | 4.67% | 1.0% | 1.0% | |
| WY | F | 1.35% | 7.01% | 1.35% |
JPRE Underweight 21 Positions Relative to AREA
JPRE: Top Represented Industries & Keywords
AREA: Top Represented Industries & Keywords
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