GLRY vs. AREA ETF Comparison

Comparison of Inspire Faithward Mid Cap Momentum ESG ETF (GLRY) to Harbor AlphaEdge Next Generation REITs ETF (AREA)

GLRY

Inspire Faithward Mid Cap Momentum ESG ETF

GLRY Description

The investment seeks to maximize growth and outperform the results (before fees and expenses) of the broader U.S. midcap stock market. The fund, an actively managed exchange traded fund (ETF), invests at least 80% of its net assets plus any borrowings for investment purposes in midcap stocks. Midcap stocks are defined as stocks of companies with market capitalizations between $3 billion and $10 billion that meet the fund's environmental, social and governance (ESG) criteria.

Grade (RS Rating)

Last Trade

$32.33

Average Daily Volume

11,252

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

$19.80

Average Daily Volume

184

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	GLRY	AREA
30 Days	0.20%	-2.86%
60 Days	1.70%	-5.30%
90 Days	2.73%
12 Months	26.20%

1 Overlapping Holdings

	Symbol	Grade	Weight in GLRY	Weight in AREA	Overlap
	OHI	C	3.1%	2.55%	2.55%

GLRY Overweight 32 Positions Relative to AREA

Symbol	Grade	Weight
EME	A	3.85%
CW	B	3.68%
TTD	B	3.66%
BWXT	B	3.65%
FLS	A	3.64%
SEIC	B	3.48%
SLVM	B	3.37%
UTHR	C	3.33%
GPI	B	3.32%
EHC	B	3.3%
NRG	B	3.27%
CVLT	A	3.26%
CASY	A	3.2%
BJ	B	3.18%
RGA	B	3.17%
ORI	A	3.12%
APH	B	3.11%
BRC	C	3.04%
AVGO	D	3.03%
MUSA	B	3.01%
MSA	D	2.87%
CHE	D	2.87%
KNSL	B	2.81%
KBH	D	2.8%
QCOM	F	2.75%
AN	D	2.74%
FANG	C	2.72%
NTAP	C	2.64%
FCN	D	2.6%
KLAC	F	2.39%
MPWR	F	1.99%
SMCI	F	1.02%

GLRY Underweight 32 Positions Relative to AREA

Symbol	Grade	Weight
WY	D	-7.01%
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%
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%