AREA vs. TXSS ETF Comparison

Comparison of Harbor AlphaEdge Next Generation REITs ETF (AREA) to Texas Small Cap Equity Index ETF (TXSS)
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

$20.01

Average Daily Volume

182

Number of Holdings *

33

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

Texas Small Cap Equity Index ETF

TXSS Description The fund seeks to achieve its investment objective by investing at least 80% of its assets in securities included in its underlying index. The index is a diversified, float-adjusted sector and, market-capitalization weighted index designed to reflect the performance primarily of stocks in small-capitalization companies that are headquartered in Texas.

Grade (RS Rating)

Last Trade

$29.21

Average Daily Volume

424

Number of Holdings *

150

* may have additional holdings in another (foreign) market
Performance
Period AREA TXSS
30 Days -1.81% 6.91%
60 Days -4.28% 4.81%
90 Days 6.08%
12 Months
1 Overlapping Holdings
Symbol Grade Weight in AREA Weight in TXSS Overlap
INN D 1.06% 1.06% 1.06%
AREA Overweight 32 Positions Relative to TXSS
Symbol Grade Weight
WY F 7.01%
LAMR C 6.89%
AMT C 6.24%
SBAC D 6.1%
EXR C 6.05%
HST C 5.76%
CUBE C 5.4%
ELS C 3.81%
IRM C 3.75%
EPR C 3.65%
SBRA C 3.64%
DRH B 3.58%
RYN D 3.56%
VICI C 3.24%
SHO D 2.87%
NHI D 2.8%
PSA C 2.59%
OHI C 2.55%
DOC C 2.5%
LAND F 2.21%
PK C 1.74%
OUT A 1.5%
SILA C 1.26%
NSA C 1.21%
LTC B 1.13%
VTR B 1.0%
CCI C 0.71%
GLPI C 0.48%
INVH D 0.42%
XHR B 0.26%
PEB D 0.25%
DHC F 0.19%
AREA Underweight 149 Positions Relative to TXSS
Symbol Grade Weight
HHH B -6.63%
EAT A -3.55%
KNTK A -3.21%
DNOW B -2.86%
EE A -2.68%
GPI B -2.54%
ADUS D -2.39%
NSP F -2.18%
MRC B -2.13%
NTST C -2.05%
RUSHA C -1.99%
AMN F -1.76%
NXRT B -1.69%
DXPE B -1.66%
OMCL C -1.61%
STRL A -1.61%
VITL D -1.61%
ASO F -1.53%
USPH B -1.51%
IESC C -1.51%
CMC B -1.24%
CSWI B -1.19%
XPEL B -1.19%
PRIM A -1.12%
CHX C -1.06%
WSR A -1.05%
SAVA C -1.0%
VTOL B -0.96%
COOP B -0.87%
QTWO A -0.87%
TPG A -0.85%
WLK D -0.81%
ITGR B -0.8%
WHD B -0.79%
ACA A -0.78%
GRBK D -0.78%
NXST C -0.77%
BTMD B -0.75%
MGY A -0.75%
DSGR C -0.74%
MUR D -0.7%
PLAY D -0.69%
CSV B -0.66%
SBH C -0.65%
FFIN B -0.6%
YETI D -0.59%
LGIH F -0.58%
HUN F -0.58%
AROC A -0.58%
NPAB F -0.57%
CNK C -0.57%
TRN B -0.57%
SLAB F -0.57%
CCO C -0.54%
AGL F -0.54%
UEC B -0.53%
POWL C -0.53%
CVEO F -0.52%
IBOC B -0.51%
HESM B -0.5%
OII B -0.5%
AZZ A -0.47%
PTEN C -0.47%
DIOD D -0.45%
TASK C -0.43%
VCTR B -0.43%
XPRO D -0.43%
TDW F -0.4%
RXT C -0.4%
GSHD A -0.39%
THRY F -0.38%
SVRA F -0.37%
CRGY B -0.34%
ALG B -0.33%
ALKT B -0.33%
TFIN B -0.32%
CVI F -0.32%
IBTX B -0.32%
BHR C -0.32%
TSHA C -0.28%
STC B -0.28%
NX C -0.26%
SKWD A -0.26%
EWCZ F -0.25%
USLM A -0.25%
RICK B -0.25%
AAOI B -0.22%
HLX B -0.22%
TH C -0.22%
GLDD B -0.22%
VBTX B -0.21%
UPBD B -0.21%
TALO C -0.21%
THR B -0.21%
SABR C -0.21%
CRK B -0.2%
HTH C -0.2%
AESI B -0.2%
CECO B -0.19%
SMHI F -0.18%
WTTR A -0.18%
APLD B -0.17%
PARR F -0.17%
CSTL D -0.16%
FOR F -0.16%
SBSI C -0.14%
LUNR B -0.14%
PRO C -0.14%
BMBL C -0.13%
SWI C -0.12%
NR B -0.12%
RBBN C -0.11%
ETWO F -0.11%
EBF F -0.1%
PUMP C -0.09%
ANET C -0.09%
EZPW B -0.08%
BIGC B -0.08%
LPRO B -0.08%
ORN B -0.08%
SPFI C -0.07%
TTI B -0.07%
RMBL B -0.07%
GDOT D -0.07%
FFWM C -0.07%
NOVA F -0.07%
PX A -0.07%
EGY D -0.07%
IHRT C -0.06%
OIS B -0.06%
EHTH C -0.06%
NGS B -0.06%
LSEA D -0.05%
KLXE C -0.05%
LEGH D -0.05%
AMPY C -0.05%
GRNT B -0.05%
LXRX F -0.04%
BRY F -0.04%
STTK F -0.04%
LAW F -0.04%
CTGO D -0.04%
EPM A -0.04%
WTI F -0.04%
REI D -0.04%
ASUR C -0.04%
FET F -0.04%
AVNW F -0.03%
APPS F -0.02%
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