RSPR vs. AREA ETF Comparison
Comparison of Invesco S&P 500 Equal Weight Real Estate ETF (RSPR) to Harbor AlphaEdge Next Generation REITs ETF (AREA)
RSPR
Invesco S&P 500 Equal Weight Real Estate ETF
RSPR Description
The fund generally will invest at least 90% of its total assets in securities that comprise the underlying index. The underlying index is composed of all of the components of the S&P 500® Real Estate Index, an index that contains the common stocks of all companies included in the S&P 500® Index that are classified as members of the real estate sector, as defined according to the Global Industry Classification Standard (GICS).
Grade (RS Rating)
Last Trade
$37.54
Average Daily Volume
15,413
31
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 | RSPR | AREA |
---|---|---|
30 Days | 0.09% | -1.81% |
60 Days | -0.46% | -4.28% |
90 Days | 2.47% | |
12 Months | 29.00% |
12 Overlapping Holdings
Symbol | Grade | Weight in RSPR | Weight in AREA | Overlap | |
---|---|---|---|---|---|
AMT | C | 2.72% | 6.24% | 2.72% | |
CCI | C | 2.87% | 0.71% | 0.71% | |
DOC | C | 3.19% | 2.5% | 2.5% | |
EXR | C | 3.06% | 6.05% | 3.06% | |
HST | C | 3.43% | 5.76% | 3.43% | |
INVH | D | 3.04% | 0.42% | 0.42% | |
IRM | C | 3.29% | 3.75% | 3.29% | |
PSA | C | 3.1% | 2.59% | 2.59% | |
SBAC | D | 2.99% | 6.1% | 2.99% | |
VICI | C | 3.06% | 3.24% | 3.06% | |
VTR | B | 3.29% | 1.0% | 1.0% | |
WY | F | 3.16% | 7.01% | 3.16% |
RSPR Underweight 21 Positions Relative to AREA
RSPR: Top Represented Industries & Keywords
AREA: Top Represented Industries & Keywords