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AREA - ETF AI Analysis
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Harbor AlphaEdge Next Generation REITs ETF (AREA)
Rating:68Neutral
Price Target:―
Positive Factors
Strong Top Holdings
Several key positions, such as VICI Properties and EPR Properties, have shown strong year-to-date performance, supporting the fund’s overall returns.
Focused Sector Exposure
The ETF’s concentration in real estate provides targeted exposure to a sector with potential for steady income and growth.
Reasonable Expense Ratio
The fund’s expense ratio is relatively moderate, making it more cost-effective compared to many actively managed ETFs.
Negative Factors
Underperforming Holdings
Some top holdings, such as Lamar Advertising and Host Hotels & Resorts, have lagged in performance, which could drag on overall returns.
High Sector Concentration
With nearly all assets in real estate, the ETF is heavily exposed to risks specific to this sector, such as interest rate sensitivity.
Limited Geographic Diversification
The fund’s focus on U.S. companies leaves it vulnerable to domestic market fluctuations and lacks exposure to international opportunities.
AREA vs. SPDR S&P 500 ETF (SPY)
AUM7.47M
RegionNorth America
Expense Ratio0.50%
Beta0.52
IssuerHarbor
Inception DateSep 03, 2024
Dividend YieldN/A
Asset ClassEquity
Index TrackedHarbor AlphaEdge Next Generation REITs Index - Benchmark TR Gross
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume32,326
30 Day Avg. Volume6,302
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
21.44Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering41
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
AREA Summary
The Harbor AlphaEdge Next Generation REITs ETF (ticker: AREA) is an investment fund that focuses on Real Estate Investment Trusts (REITs) in the U.S., specifically those involved in innovative and growth-oriented real estate projects. It includes companies like Public Storage and Lamar Advertising, which are leaders in their fields. This ETF is a good choice for investors looking to diversify their portfolios with exposure to the real estate sector and benefit from potential growth in areas like sustainable properties and urban revitalization. However, new investors should be aware that its performance is closely tied to the real estate market, which can be sensitive to economic changes.
How much will it cost me?The Harbor AlphaEdge Next Generation REITs ETF (AREA) has an expense ratio of 0.50%, which means you’ll pay $5 per year for every $1,000 invested. This is higher than average because it is actively managed, focusing on innovative and growth-oriented REITs that require more research and oversight.
What would affect this ETF?The Harbor AlphaEdge Next Generation REITs ETF (AREA) could benefit from trends like increased demand for sustainable and technology-driven real estate developments, as well as urban revitalization projects in the U.S. However, rising interest rates or economic slowdowns could negatively impact REITs, as higher borrowing costs and reduced consumer spending may affect property values and rental income. Additionally, regulatory changes in the real estate sector could pose challenges for some of the ETF's top holdings.
AREA Top 10 Holdings
The Harbor AlphaEdge Next Generation REITs ETF (AREA) is heavily concentrated in U.S. real estate, with a focus on innovative REITs. Lamar Advertising is rising steadily, buoyed by strong cash flow and dividends, while Diamondrock adds a touch of sparkle with recent gains. However, Public Storage and Rayonier are lagging, weighed down by bearish technical signals and valuation concerns. The fund’s tilt toward growth-oriented REITs in sectors like healthcare and gaming offers potential, but mixed performance across holdings suggests a bumpy ride for investors seeking consistent returns.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Lamar Advertising | 6.66% | $496.92K | $13.01B | -0.03% | 72 Outperform | |
| Public Storage | 6.61% | $492.74K | $46.93B | -14.64% | 73 Outperform | |
| Rayonier | 6.27% | $467.67K | $3.39B | -20.80% | 72 Outperform | |
| Host Hotels & Resorts | 6.24% | $465.55K | $12.58B | -2.30% | 77 Outperform | |
| VICI Properties | 6.14% | $457.77K | $30.26B | -7.53% | 73 Outperform | |
| Healthcare Realty Trust | 5.00% | $372.67K | $5.98B | -2.80% | 56 Neutral | |
| American Tower | 4.88% | $363.94K | $83.86B | -6.73% | 71 Outperform | |
| EPR Properties | 4.64% | $346.08K | $3.79B | 10.92% | 75 Outperform | |
| Sabra Healthcare REIT | 3.79% | $282.59K | $4.70B | 6.80% | 77 Outperform | |
| SBA Communications | 3.24% | $241.61K | $20.24B | -9.10% | 67 Neutral |
AREA Technical Analysis
Negative
―
Price Trends
18.54
Positive
18.68
Negative
18.48
Positive
Market Momentum
>-0.01
Negative
49.74
Neutral
82.76
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For AREA, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 18.57, equal to the 50-day MA of 18.54, and equal to the 200-day MA of 18.48, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 49.74 is Neutral, neither overbought nor oversold. The STOCH value of 82.76 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AREA.
AREA Peer Comparison
Comparison Results
Performance Comparison
AREA
Harbor AlphaEdge Next Generation REITs ETF
18.56
0.18
0.98%
SRHR
SRH REIT Covered Call ETF
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NURE
Nuveen Short-Term REIT ETF
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RDOG
ALPS REIT Dividend Dogs ETF
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HAUS
Home Appreciation U.S. REIT ETF
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DVDN
Kingsbarn Dividend Opportunity ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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