AREA vs. FXZ ETF Comparison

Comparison of Harbor AlphaEdge Next Generation REITs ETF (AREA) to First Trust Materials AlphaDEX Fund (FXZ)
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 *

33

* may have additional holdings in another (foreign) market
FXZ

First Trust Materials AlphaDEX Fund

FXZ Description The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the StrataQuant(R) Materials Index. The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by NYSE Euronext to objectively identify and select stocks from the Russell 1000(R) Index in the materials and processing sector that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$64.88

Average Daily Volume

26,949

Number of Holdings *

36

* may have additional holdings in another (foreign) market
Performance
Period AREA FXZ
30 Days -2.86% -4.67%
60 Days -5.30% -0.75%
90 Days -0.10%
12 Months 3.75%
0 Overlapping Holdings
Symbol Grade Weight in AREA Weight in FXZ Overlap
AREA Overweight 33 Positions Relative to FXZ
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%
OHI C 2.55%
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%
AREA Underweight 36 Positions Relative to FXZ
Symbol Grade Weight
STLD B -5.6%
RS B -5.43%
X C -5.13%
NUE D -4.95%
LYB F -4.36%
FMC D -4.18%
CF A -4.11%
NEU D -4.03%
MOS D -3.99%
EMN D -3.68%
TKR F -3.63%
IP A -3.58%
ASH F -3.58%
CLF F -3.5%
APD A -3.24%
RGLD C -3.04%
ECL D -2.92%
CC C -2.82%
CE F -2.75%
OLN F -2.62%
WLK F -2.56%
FAST B -2.32%
ESI B -2.09%
LIN D -1.91%
AVY D -1.81%
SCCO F -1.75%
FCX F -1.73%
HUN F -1.64%
AA A -1.01%
ALB B -0.97%
RBC A -0.93%
MP C -0.92%
HXL F -0.85%
SMG C -0.76%
IFF D -0.73%
NEM D -0.68%
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