SRHR vs. AREA ETF Comparison
Comparison of SRH REIT Covered Call ETF (SRHR) to Harbor AlphaEdge Next Generation REITs ETF (AREA)
SRHR
SRH REIT Covered Call ETF
SRHR Description
Under normal circumstances, the fund invests at least 80% of its net assets in Real Estate Investment Trusts ("REITs") that are publicly traded on domestic stock exchanges. In addition, the fund strategically implements an option strategy consisting of writing (selling) U.S. exchange-traded covered call options on the REITs in the fund"s portfolio. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$59.28
Average Daily Volume
159
Number of Holdings
*
25
* 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
$20.02
Average Daily Volume
226
Number of Holdings
*
34
* may have additional holdings in another (foreign) market
Performance
Period | SRHR | AREA |
---|---|---|
30 Days | -2.56% | -2.35% |
60 Days | -1.71% | 0.30% |
90 Days | 3.39% | |
12 Months | 17.34% |
10 Overlapping Holdings
SRHR Underweight 24 Positions Relative to AREA
Symbol | Grade | Weight | |
---|---|---|---|
WY | C | -6.92% | |
AMT | D | -6.47% | |
SBAC | D | -6.22% | |
CUBE | D | -5.19% | |
IRM | B | -4.04% | |
EPR | D | -3.74% | |
SBRA | B | -3.68% | |
RYN | B | -3.62% | |
ELS | D | -3.57% | |
DRH | D | -3.42% | |
NHI | D | -2.73% | |
OHI | B | -2.57% | |
PSA | D | -2.51% | |
LAND | D | -2.34% | |
LTC | A | -1.74% | |
PK | D | -1.61% | |
OUT | B | -1.4% | |
INN | F | -1.03% | |
VTR | B | -0.99% | |
DHC | C | -0.49% | |
SILA | B | -0.34% | |
BHR | D | -0.3% | |
WELL | A | -0.27% | |
XHR | C | -0.25% |
SRHR: Top Represented Industries & Keywords
Industries:
REIT - Industrial
REIT - Diversified
REIT - Residential
REIT - Hotel & Motel
REIT - Office
REIT - Healthcare Facilities
REIT - Retail
Resorts & Casinos
Keywords:
Real Estate Investment Trust
Real Estate Market
S&P 500
Golf Courses
Industrial Properties
Industrial Real Estate
Property Management
Retail Properties
Advertising
Advertising Displays
Advertising Space
Antenna Systems
Billboard
Brandywine Realty Trust
Brookfield Asset Management
Brookfield Office Properties
Casino
Cement Services
Center Services
Champion Reit
AREA: Top Represented Industries & Keywords
Industries:
REIT - Healthcare Facilities
REIT - Hotel & Motel
REIT - Diversified
REIT - Industrial
Lumber & Wood Production
REIT - Residential
Telecom Services
Business Services
REIT - Retail
Keywords:
Real Estate Investment Trust
S&P 500
Assisted Living
Hotel
Hospitality Industry
Real Estate Market
Sba Communications
Self Storage
Tourism
Travel
Advertising
Advertising Space
Billboard
Cellulose
Cellulose Fiber
Communications Sites
Distributed Antenna System
Extra Space Storage
Golf Courses
Healthcare Facilities