AREA - ETF AI Analysis

Top Page

Harbor AlphaEdge Next Generation REITs ETF (AREA)

Rating:68Neutral

Price Target:―

AREA, the Harbor AlphaEdge Next Generation REITs ETF, has a solid overall rating that reflects a mix of strong, income-focused real estate holdings and a few weaker names that add risk. Top positions like Host Hotels & Resorts and EPR Properties support the fund’s quality through strong financial performance, attractive dividends, and positive strategic moves, while holdings such as Healthcare Realty Trust, with profitability challenges and bearish trading signals, may weigh on the rating. The main risk factor is that the fund is concentrated in REITs, so it is heavily exposed to real estate sector trends and interest-rate conditions.

Positive Factors

Broad REIT Exposure

The fund holds a range of real estate investment trusts across different property types, which helps spread risk within the real estate sector.

Generally Strong Top Holdings

Most of the largest positions have shown strong or steady performance so far this year, supporting the ETF’s overall returns.

Positive Recent Performance

The ETF has delivered positive results over the past month, three months, and year-to-date, indicating recent momentum in its strategy.

Negative Factors

Sector Concentration Risk

Almost all assets are in real estate, so the fund is highly sensitive to downturns in the REIT market and property-related conditions.

Single-Country Exposure

With nearly all holdings in U.S. companies, the ETF offers little geographic diversification and is closely tied to the U.S. economy and interest-rate environment.

Moderate Expense Ratio

The fund’s fee is not especially low for an ETF, which can slightly reduce net returns over time compared with cheaper alternatives.

AREA vs. SPDR S&P 500 ETF (SPY)

AUM1.98M

RegionNorth America

Expense Ratio0.50%

Beta0.51

IssuerHarbor

Inception DateSep 03, 2024

Dividend Yield0.63%

Asset ClassEquity

Index TrackedHarbor AlphaEdge Next Generation REITs Index - Benchmark TR Gross

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume31,627

30 Day Avg. Volume12,063

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

21.08

Price Target Upside― Downside

Rating ConsensusModerate Buy

Number of Analyst Covering42

EPS Forecast (FY)N/A

Revenue Forecast (FY)N/A

AREA Summary

The Harbor AlphaEdge Next Generation REITs ETF (AREA) tracks the Harbor AlphaEdge Next Generation REITs Index and focuses on modern real estate investment trusts (REITs) in the U.S. It holds companies like Public Storage and American Tower, which own storage facilities, cell towers, hotels, healthcare buildings, and other properties tied to long-term trends such as technology and urban growth. Someone might invest in AREA for diversified exposure to real estate and potential income from property-related businesses. A key risk is that it is heavily concentrated in real estate, so its value can rise or fall sharply with the property market and interest rates.

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

AREA is a pure U.S. real estate play, and its story is being written by a handful of heavyweight REITs. Public Storage and EPR Properties have been rising lately, giving the fund a lift, while Rayonier has quietly become a bright spot with strong recent momentum. On the flip side, VICI Properties and American Tower have seen more mixed, stop‑and‑go trading, and SBA Communications is dragging on performance. With nearly everything in real estate, the ETF is highly sector‑concentrated, leaning into specialized, next‑generation property themes.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
PSA	Public Storage	7.30%	$144.12K	$51.29B	-3.74%	73 Outperform
LAMR	Lamar Advertising	6.90%	$136.30K	$13.72B	6.00%	72 Outperform
HST	Host Hotels & Resorts	6.20%	$122.41K	$13.71B	19.80%	77 Outperform
VICI	VICI Properties	5.99%	$118.35K	$31.26B	-2.45%	73 Outperform
VTR	Ventas	5.55%	$109.57K	$40.81B	38.05%	68 Neutral
HR	Healthcare Realty Trust	4.78%	$94.46K	$6.10B	5.68%	56 Neutral
AMT	American Tower	3.95%	$78.01K	$83.57B	-8.57%	71 Outperform
EPR	EPR Properties	3.56%	$70.25K	$4.38B	18.92%	75 Outperform
CCI	Crown Castle	3.30%	$65.26K	$36.82B	-7.56%	45 Neutral
SBAC	SBA Communications	2.90%	$57.29K	$20.15B	-11.50%	67 Neutral

AREA Technical Analysis

Technical Analysis Sentiment

Positive

Last Price―

Price Trends

50DMA

18.73

Positive

100DMA

18.61

Positive

200DMA

18.52

Positive

Market Momentum

MACD

0.23

Negative

RSI

71.42

Negative

STOCH

99.98

Negative

Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For AREA, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 19.12, equal to the 50-day MA of 18.73, and equal to the 200-day MA of 18.52, indicating a bullish trend. The MACD of 0.23 indicates Negative momentum. The RSI at 71.42 is Negative, neither overbought nor oversold. The STOCH value of 99.98 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AREA.

AREA Peer Comparison

Comparison Results

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
AREA	―	―	$1.98M	0.50%	―
SRHR	―	―	$49.97M	0.75%	―
NURE	―	―	$31.90M	0.36%	―
RDOG	―	―	$10.49M	0.35%	―
HAUS	―	―	$9.07M	0.60%	―
TSRS	―	―	$3.96M	0.65%	―

Performance Comparison

AREA

Harbor AlphaEdge Next Generation REITs ETF

19.85

1.44

7.82%

SRHR

SRH REIT Covered Call ETF

―

NURE

Nuveen Short-Term REIT ETF

―

RDOG

ALPS REIT Dividend Dogs ETF

―

HAUS

Home Appreciation U.S. REIT ETF

―

TSRS

Truth Social American Red State REITs ETF

―

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: ―

Table of Contents