PHO vs. AREA ETF Comparison
Comparison of Invesco Water Resources ETF (PHO) to Harbor AlphaEdge Next Generation REITs ETF (AREA)
PHO
Invesco Water Resources ETF
PHO Description
The PowerShares Water Resources Portfolio (Fund) is based on the NASDAQ OMX US Water Index. The Fund generally will invest at least 90% of its total assets in common stocks and American depositary receipts (ADRs) of companies in the water industry that comprise the Underlying Index. The Underlying Index seeks to track the performance of US exchange-listed companies that create products designed to conserve and purify water for homes, businesses and industries. The Fund and the Index are rebalanced quarterly and reconstituted annually in April.
Grade (RS Rating)
Last Trade
$70.27
Average Daily Volume
68,524
36
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 | PHO | AREA |
|---|---|---|
| 30 Days | 0.89% | -1.81% |
| 60 Days | 1.48% | -4.28% |
| 90 Days | 0.82% | |
| 12 Months | 26.35% |
0 Overlapping Holdings
| Symbol | Grade | Weight in PHO | Weight in AREA | Overlap |
|---|
PHO Overweight 36 Positions Relative to AREA
| Symbol | Grade | Weight | |
|---|---|---|---|
| ROP | B | 8.0% | |
| ECL | D | 7.84% | |
| XYL | D | 6.17% | |
| VLTO | C | 6.02% | |
| PNR | A | 4.83% | |
| IEX | C | 4.46% | |
| ACM | B | 4.32% | |
| WAT | C | 4.19% | |
| ITRI | C | 4.01% | |
| AWK | C | 3.79% | |
| CNM | D | 3.58% | |
| TTC | C | 3.54% | |
| AOS | F | 3.49% | |
| WMS | F | 3.39% | |
| MLI | B | 2.91% | |
| TTEK | F | 2.8% | |
| VMI | B | 2.67% | |
| WTRG | B | 2.61% | |
| WTS | B | 1.86% | |
| ZWS | B | 1.71% | |
| BMI | B | 1.67% | |
| MWA | B | 1.42% | |
| SBS | B | 1.16% | |
| AWR | B | 0.88% | |
| FELE | B | 0.86% | |
| CWT | C | 0.74% | |
| LNN | B | 0.67% | |
| SJW | F | 0.54% | |
| MSEX | C | 0.43% | |
| ERII | F | 0.36% | |
| GRC | A | 0.23% | |
| ARTNA | F | 0.15% | |
| CWCO | C | 0.13% | |
| YORW | F | 0.11% | |
| NWPX | A | 0.09% | |
| GWRS | B | 0.02% |
PHO Underweight 33 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% | |
| HST | C | -5.76% | |
| 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% | |
| VICI | C | -3.24% | |
| SHO | D | -2.87% | |
| NHI | D | -2.8% | |
| PSA | C | -2.59% | |
| OHI | C | -2.55% | |
| DOC | C | -2.5% | |
| LAND | F | -2.21% | |
| PK | C | -1.74% | |
| OUT | A | -1.5% | |
| SILA | C | -1.26% | |
| NSA | C | -1.21% | |
| LTC | B | -1.13% | |
| INN | D | -1.06% | |
| VTR | B | -1.0% | |
| CCI | C | -0.71% | |
| GLPI | C | -0.48% | |
| INVH | D | -0.42% | |
| XHR | B | -0.26% | |
| PEB | D | -0.25% | |
| DHC | F | -0.19% |
PHO: Top Represented Industries & Keywords
AREA: Top Represented Industries & Keywords
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