AREA vs. FTRI ETF Comparison

Comparison of Harbor AlphaEdge Next Generation REITs ETF (AREA) to First Trust Indxx Global Natural Resources Income ETF (FTRI)
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

$19.80

Average Daily Volume

184

Number of Holdings *

33

* may have additional holdings in another (foreign) market
FTRI

First Trust Indxx Global Natural Resources Income ETF

FTRI Description The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Indxx Global Natural Resources Income Index. The fund will normally invest at least 90% of its net assets (including investment borrowings) in common stocks and/or depositary receipts that comprise the index. The index is a 50-stock free float adjusted market capitalization weighted index designed to measure the market performance of the 50 highest dividend yielding companies involved in the upstream segment of the natural resources sector. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$13.11

Average Daily Volume

46,373

Number of Holdings *

20

* may have additional holdings in another (foreign) market
Performance
Period AREA FTRI
30 Days -2.86% -3.27%
60 Days -5.30% -1.35%
90 Days -0.70%
12 Months 7.87%
1 Overlapping Holdings
Symbol Grade Weight in AREA Weight in FTRI Overlap
WY D 7.01% 4.43% 4.43%
AREA Overweight 32 Positions Relative to FTRI
Symbol Grade Weight
LAMR D 6.89%
AMT D 6.24%
SBAC D 6.1%
EXR C 6.05%
HST D 5.76%
CUBE D 5.4%
ELS B 3.81%
IRM C 3.75%
EPR D 3.65%
SBRA B 3.64%
DRH B 3.58%
RYN D 3.56%
VICI C 3.24%
SHO D 2.87%
NHI D 2.8%
PSA D 2.59%
OHI C 2.55%
DOC D 2.5%
LAND F 2.21%
PK D 1.74%
OUT A 1.5%
SILA C 1.26%
NSA C 1.21%
LTC B 1.13%
INN D 1.06%
VTR B 1.0%
CCI C 0.71%
GLPI C 0.48%
INVH D 0.42%
XHR B 0.26%
PEB F 0.25%
DHC F 0.19%
AREA Underweight 19 Positions Relative to FTRI
Symbol Grade Weight
FCX F -10.43%
AWK C -5.94%
PNR B -4.05%
EC D -3.59%
CF A -3.55%
BG D -2.87%
WTRG B -2.53%
MOS D -2.07%
UFPI C -1.92%
FMC D -1.7%
WTS B -1.33%
WFG C -1.12%
NOG A -0.89%
CWT C -0.7%
ARLP A -0.54%
SJW F -0.39%
ANDE F -0.37%
MSEX B -0.28%
AGRO D -0.25%
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