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

Number of Holdings *

31

* may have additional holdings in another (foreign) market
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

Number of Holdings *

33

* may have additional holdings in another (foreign) market
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 Overweight 19 Positions Relative to AREA
Symbol Grade Weight
CBRE B 3.8%
DLR B 3.72%
SPG A 3.63%
WELL A 3.46%
EQIX A 3.44%
KIM A 3.43%
AVB B 3.3%
REG A 3.29%
BXP C 3.29%
CPT B 3.26%
ESS B 3.25%
MAA B 3.23%
FRT B 3.23%
UDR B 3.19%
CSGP D 3.19%
EQR C 3.18%
O C 3.01%
PLD F 2.98%
ARE F 2.91%
RSPR Underweight 21 Positions Relative to AREA
Symbol Grade Weight
LAMR C -6.89%
CUBE C -5.4%
ELS C -3.81%
EPR C -3.65%
SBRA C -3.64%
DRH B -3.58%
RYN D -3.56%
SHO D -2.87%
NHI D -2.8%
OHI C -2.55%
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%
GLPI C -0.48%
XHR B -0.26%
PEB D -0.25%
DHC F -0.19%
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