HOMZ vs. AREA ETF Comparison

Comparison of Hoya Capital Housing ETF (HOMZ) to Harbor AlphaEdge Next Generation REITs ETF (AREA)

HOMZ

Hoya Capital Housing ETF

HOMZ Description

The investment seeks to track the performance, before fees and expenses, of the Hoya Capital Housing 100TM Index. The index is a rules-based index composed of 100 companies that collectively represent the performance of the U.S. residential housing industry. The index is designed to track total spending on housing and housing-related services across the U.S. The fund attempts to invest all, or substantially all, of its assets in the component securities that make up the index. Under normal circumstances, at least 80% of the fund’s total assets (exclusive of any collateral held from securities lending) will be invested in the component securities of the index.

Grade (RS Rating)

Last Trade

$48.36

Average Daily Volume

2,814

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

$19.77

Average Daily Volume

190

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	HOMZ	AREA
30 Days	-3.86%	-4.70%
60 Days	-5.00%	-5.33%
90 Days	4.08%
12 Months	35.43%

8 Overlapping Holdings

Symbol	Grade	Weight in HOMZ	Weight in AREA	Overlap
CUBE	C	1.48%	5.4%	1.48%
ELS	B	1.52%	3.81%	1.52%
EXR	C	1.49%	6.05%	1.49%
INVH	D	1.26%	0.42%	0.42%
PSA	C	1.58%	2.59%	1.58%
RYN	D	0.66%	3.56%	0.66%
VTR	C	1.77%	1.0%	1.0%
WY	D	0.66%	7.01%	0.66%

HOMZ Overweight 86 Positions Relative to AREA

Symbol	Grade	Weight
LOW	A	3.27%
HD	A	3.23%
WELL	A	1.76%
UMH	A	1.68%
NXRT	A	1.64%
IRT	A	1.63%
MHO	D	1.63%
TOL	B	1.61%
NVR	D	1.6%
TMHC	B	1.59%
MAA	A	1.56%
AVB	B	1.54%
CPT	D	1.52%
ESS	A	1.51%
UDR	C	1.48%
PHM	D	1.47%
DHI	F	1.46%
KBH	D	1.46%
EQR	C	1.45%
ELME	D	1.43%
CSR	B	1.42%
TPH	D	1.42%
LEN	D	1.39%
SUI	D	1.38%
AMH	C	1.35%
MTH	D	1.35%
Z	A	1.09%
COMP	B	0.95%
RDFN	F	0.9%
RH	C	0.89%
CVCO	B	0.88%
SKY	A	0.86%
WHR	A	0.86%
EXP	B	0.85%
SHW	C	0.85%
LZB	A	0.82%
LPX	A	0.82%
RMAX	D	0.82%
MHK	D	0.82%
LII	A	0.8%
PNC	A	0.79%
CARR	D	0.78%
COST	B	0.78%
AMZN	B	0.78%
CFG	A	0.76%
AMWD	B	0.76%
MAS	D	0.75%
PGR	B	0.75%
TPX	A	0.75%
LEG	F	0.73%
LGIH	F	0.72%
SNBR	F	0.71%
WSO	A	0.71%
ALL	A	0.7%
BECN	A	0.7%
FNF	C	0.7%
WFC	A	0.7%
TRV	A	0.7%
MTG	C	0.7%
TFC	A	0.7%
OC	A	0.69%
ORI	A	0.69%
JPM	A	0.69%
SSD	D	0.69%
FAF	C	0.68%
BLDR	D	0.68%
CCS	F	0.67%
BAC	A	0.67%
ABR	B	0.67%
AZEK	B	0.67%
RKT	F	0.65%
IBP	F	0.64%
RDN	D	0.64%
PPG	D	0.63%
PCH	D	0.63%
WSM	D	0.61%
FND	F	0.6%
STWD	C	0.59%
AGNC	C	0.57%
BLD	F	0.57%
AOS	F	0.56%
PMT	D	0.56%
TREX	C	0.55%
CSGP	F	0.51%
UWMC	F	0.48%
W	D	0.43%

HOMZ Underweight 25 Positions Relative to AREA

Symbol	Grade	Weight
LAMR	D	-6.89%
AMT	D	-6.24%
SBAC	C	-6.1%
HST	D	-5.76%
IRM	D	-3.75%
EPR	D	-3.65%
SBRA	C	-3.64%
DRH	B	-3.58%
VICI	C	-3.24%
SHO	D	-2.87%
NHI	D	-2.8%
OHI	C	-2.55%
DOC	D	-2.5%
LAND	F	-2.21%
PK	D	-1.74%
OUT	A	-1.5%
SILA	D	-1.26%
NSA	C	-1.21%
LTC	B	-1.13%
INN	D	-1.06%
CCI	C	-0.71%
GLPI	C	-0.48%
XHR	B	-0.26%
PEB	F	-0.25%
DHC	F	-0.19%