AREA vs. FTXG ETF Comparison
Comparison of Harbor AlphaEdge Next Generation REITs ETF (AREA) to First Trust Nasdaq Food & Beverage ETF (FTXG)
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
$19.90
Average Daily Volume
195
33
FTXG
First Trust Nasdaq Food & Beverage ETF
FTXG Description
The First Trust Nasdaq Food & Beverage ETF is an exchange-traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield, before the Fund's fees and expenses, of an index called the Nasdaq US Smart Food & Beverage Index. The Fund seeks to replicate the holdings and weightings of the Nasdaq US Smart Food & Beverage Index as to generate performance results 95% correlated to that of the Nasdaq US Smart Food & Beverage Index.Grade (RS Rating)
Last Trade
$24.28
Average Daily Volume
9,484
28
Performance
| Period | AREA | FTXG |
|---|---|---|
| 30 Days | -2.76% | -3.72% |
| 60 Days | -4.29% | -5.37% |
| 90 Days | -1.40% | |
| 12 Months | 6.18% |
0 Overlapping Holdings
| Symbol | Grade | Weight in AREA | Weight in FTXG | Overlap |
|---|
AREA Overweight 33 Positions Relative to FTXG
| Symbol | Grade | Weight | |
|---|---|---|---|
| LAMR | D | 7.14% | |
| WY | F | 7.04% | |
| AMT | F | 6.19% | |
| SBAC | D | 6.04% | |
| EXR | D | 5.93% | |
| HST | C | 5.8% | |
| CUBE | D | 5.25% | |
| IRM | D | 3.78% | |
| SBRA | C | 3.77% | |
| RYN | F | 3.7% | |
| ELS | C | 3.62% | |
| EPR | D | 3.59% | |
| DRH | B | 3.58% | |
| VICI | D | 3.13% | |
| SHO | C | 2.97% | |
| NHI | D | 2.82% | |
| DOC | C | 2.59% | |
| OHI | C | 2.56% | |
| PSA | C | 2.54% | |
| LAND | F | 2.41% | |
| PK | B | 1.7% | |
| OUT | C | 1.41% | |
| SILA | D | 1.26% | |
| NSA | D | 1.2% | |
| LTC | B | 1.12% | |
| INN | C | 1.05% | |
| VTR | C | 0.99% | |
| CCI | F | 0.71% | |
| GLPI | D | 0.47% | |
| INVH | D | 0.41% | |
| PEB | D | 0.27% | |
| XHR | B | 0.26% | |
| DHC | F | 0.2% |
AREA Underweight 28 Positions Relative to FTXG
| Symbol | Grade | Weight | |
|---|---|---|---|
| PEP | D | -8.24% | |
| MDLZ | F | -7.95% | |
| KO | F | -7.63% | |
| ADM | F | -7.47% | |
| KHC | F | -7.17% | |
| CTVA | C | -4.44% | |
| TAP | B | -4.4% | |
| STZ | D | -4.21% | |
| MNST | B | -4.16% | |
| TSN | C | -3.96% | |
| GIS | F | -3.9% | |
| HSY | D | -3.89% | |
| CAG | F | -3.73% | |
| BG | D | -3.72% | |
| INGR | B | -2.9% | |
| KDP | D | -2.87% | |
| SJM | F | -2.55% | |
| USFD | A | -2.46% | |
| HRL | F | -2.41% | |
| MKC | D | -2.16% | |
| CPB | F | -1.94% | |
| POST | D | -1.75% | |
| COKE | C | -1.58% | |
| FLO | F | -0.73% | |
| CALM | B | -0.68% | |
| BRBR | A | -0.67% | |
| FIZZ | B | -0.59% | |
| JJSF | B | -0.56% |
AREA: Top Represented Industries & Keywords
FTXG: Top Represented Industries & Keywords
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