DTRE vs. AREA ETF Comparison

Comparison of First Trust Alerian Disruptive Technology Real Estate ETF (DTRE) to Harbor AlphaEdge Next Generation REITs ETF (AREA)

DTRE

First Trust Alerian Disruptive Technology Real Estate ETF

DTRE Description

First Trust Alerian Disruptive Technology Real Estate ETF is an exchange traded fund launched and managed by First Trust Advisors LP. The fund invests in public equity markets. It invests in stocks of companies operating across real estate sectors. It invests in growth and value stocks of companies across diversified market capitalization. It seeks to track the performance of the Alerian Disruptive Technology Real Estate Index, by using full replication technique. First Trust Alerian Disruptive Technology Real Estate ETF was formed on August 27, 2007 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$41.23

Average Daily Volume

1,297

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

$20.14

Average Daily Volume

178

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	DTRE	AREA
30 Days	-3.19%	-1.86%
60 Days	-7.24%	-4.63%
90 Days	-4.13%
12 Months	5.64%

3 Overlapping Holdings

Symbol	Grade	Weight in DTRE	Weight in AREA	Overlap
AMT	D	6.27%	6.24%	6.24%
CCI	D	6.57%	0.71%	0.71%
SBAC	D	6.57%	6.1%	6.1%

DTRE Overweight 12 Positions Relative to AREA

Symbol	Grade	Weight
DLR	B	7.87%
EQIX	A	7.24%
PLD	D	6.8%
FR	C	4.67%
STAG	F	4.34%
REXR	F	4.3%
EGP	F	4.3%
TRNO	F	4.3%
COLD	D	3.6%
LXP	D	3.4%
UNIT	B	2.37%
PLYM	F	1.0%

DTRE Underweight 30 Positions Relative to AREA

Symbol	Grade	Weight
WY	D	-7.01%
LAMR	D	-6.89%
EXR	D	-6.05%
HST	C	-5.76%
CUBE	D	-5.4%
ELS	C	-3.81%
IRM	D	-3.75%
EPR	D	-3.65%
SBRA	C	-3.64%
DRH	B	-3.58%
RYN	D	-3.56%
VICI	C	-3.24%
SHO	C	-2.87%
NHI	D	-2.8%
PSA	D	-2.59%
OHI	C	-2.55%
DOC	D	-2.5%
LAND	F	-2.21%
PK	B	-1.74%
OUT	A	-1.5%
SILA	C	-1.26%
NSA	D	-1.21%
LTC	B	-1.13%
INN	D	-1.06%
VTR	C	-1.0%
GLPI	C	-0.48%
INVH	D	-0.42%
XHR	B	-0.26%
PEB	D	-0.25%
DHC	F	-0.19%