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Harbor AlphaEdge Next Generation REITs ETF

$18.65

+0.00%

Market closed. Last update: 12:35 PM ET

📎 Investment Objective

The Harbor AlphaEdge Next Generation REITs ETF seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the AlphaEdge Next Generation REITs Index.

Overview

ETF tracking Harbor AlphaEdge Next Generation REITs ETF

Category Real Estate

Issuer Other

Inception Date 2024-09-05

Market Cap $1.9M

Average Volume N/A

Dividend Yield 1.85%

52-Week Range $16.40 - $20.65

VWAP $18.61

Performance

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Investment Summary

📎 Investment Objective

The Harbor AlphaEdge Next Generation REITs ETF seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the AlphaEdge Next Generation REITs Index.

🎯 Investment Strategy

The ETF invests in a portfolio of real estate investment trusts (REITs) that are selected and weighted based on a proprietary 'AlphaEdge' methodology. This strategy aims to identify REITs with the potential for outperformance compared to the broader REIT market.

✨ Key Features

Focuses on 'next generation' REITs that may benefit from emerging real estate trends
Uses a quantitative, rules-based approach to select and weight REITs
Aims to provide exposure to a diversified portfolio of REITs
Relatively low expense ratio of 0.00%

⚠️ Primary Risks

Concentration risk as the fund is focused on the real estate sector
Potential for higher volatility compared to broader REIT indexes
Reliance on the effectiveness of the AlphaEdge methodology
Lack of performance history to evaluate long-term results

👤 Best For

This ETF may be suitable for investors seeking exposure to the real estate sector, with a focus on 'next generation' REITs, and who have a higher risk tolerance. It may be most appropriate as a satellite holding within a diversified portfolio.