AREA vs. FTXR ETF Comparison
Comparison of Harbor AlphaEdge Next Generation REITs ETF (AREA) to First Trust Nasdaq Transportation ETF (FTXR)
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
33
FTXR
First Trust Nasdaq Transportation ETF
FTXR Description
The First Trust Nasdaq Transportation 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 Transportation Index. The Fund seeks to replicate the holdings and weightings of the Nasdaq US Smart Transportation Index so as to generate performance results 95% correlated to that of the Nasdaq US Smart Transportation Index.Grade (RS Rating)
Last Trade
$35.84
Average Daily Volume
4,485
40
Performance
| Period | AREA | FTXR |
|---|---|---|
| 30 Days | -1.81% | 9.38% |
| 60 Days | -4.28% | 14.33% |
| 90 Days | 15.43% | |
| 12 Months | 33.30% |
0 Overlapping Holdings
| Symbol | Grade | Weight in AREA | Weight in FTXR | Overlap |
|---|
AREA Overweight 33 Positions Relative to FTXR
| 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% | |
| 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 | D | 0.25% | |
| DHC | F | 0.19% |
AREA Underweight 40 Positions Relative to FTXR
| Symbol | Grade | Weight | |
|---|---|---|---|
| TSLA | B | -11.0% | |
| GM | C | -7.8% | |
| UPS | C | -6.89% | |
| UAL | A | -6.83% | |
| F | C | -6.75% | |
| UNP | C | -6.36% | |
| DAL | B | -5.03% | |
| PCAR | B | -4.07% | |
| URI | C | -3.97% | |
| CSX | C | -3.59% | |
| NSC | B | -3.56% | |
| FDX | B | -3.26% | |
| R | B | -2.76% | |
| ODFL | C | -2.22% | |
| WAB | B | -2.15% | |
| HRI | C | -1.92% | |
| AL | B | -1.88% | |
| APTV | F | -1.87% | |
| JBHT | C | -1.81% | |
| BWA | D | -1.54% | |
| GPC | D | -1.47% | |
| XPO | B | -1.16% | |
| SKYW | B | -1.15% | |
| LKQ | F | -1.15% | |
| ALSN | B | -1.11% | |
| LUV | C | -1.09% | |
| MATX | C | -0.78% | |
| KEX | B | -0.73% | |
| EXPD | C | -0.73% | |
| GATX | A | -0.58% | |
| TRN | B | -0.56% | |
| GNTX | C | -0.55% | |
| DORM | B | -0.51% | |
| INSW | F | -0.5% | |
| OSK | C | -0.45% | |
| CHRW | B | -0.45% | |
| LSTR | D | -0.45% | |
| RXO | D | -0.44% | |
| FSS | B | -0.41% | |
| VC | F | -0.39% |
AREA: Top Represented Industries & Keywords
FTXR: Top Represented Industries & Keywords
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