SRET vs. AREA ETF Comparison

Comparison of Global X SuperDividend REIT ETF (SRET) to Harbor AlphaEdge Next Generation REITs ETF (AREA)

SRET

Global X SuperDividend REIT ETF

SRET Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Global SuperDividend® REIT Index. The fund invests at least 80% of its total assets in the securities of the underlying index and in American Depositary Receipts ("ADRs") and Global Depositary Receipts ("GDRs") based on the securities in the underlying index. The underlying index tracks the performance of REITs that rank among the highest yielding REITs globally, as determined by Solactive AG, the provider of the underlying index ("Index Provider"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$21.10

Average Daily Volume

31,744

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

$20.01

Average Daily Volume

182

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SRET	AREA
30 Days	-1.92%	-1.81%
60 Days	-5.06%	-4.28%
90 Days	-1.03%
12 Months	13.84%

6 Overlapping Holdings

Symbol	Grade	Weight in SRET	Weight in AREA	Overlap
EPR	C	3.39%	3.65%	3.39%
GLPI	C	3.52%	0.48%	0.48%
LTC	B	4.0%	1.13%	1.13%
NHI	D	4.76%	2.8%	2.8%
OHI	C	4.67%	2.55%	2.55%
SBRA	C	4.38%	3.64%	3.64%

SRET Overweight 10 Positions Relative to AREA

Symbol	Grade	Weight
GTY	A	3.8%
LADR	B	3.56%
EFC	C	3.44%
STWD	C	3.39%
BNL	C	3.39%
DX	B	3.37%
WPC	C	2.92%
AGNC	C	2.84%
RC	D	2.72%
GNL	F	2.11%

SRET Underweight 27 Positions Relative to AREA

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%
DRH	B	-3.58%
RYN	D	-3.56%
VICI	C	-3.24%
SHO	D	-2.87%
PSA	C	-2.59%
DOC	C	-2.5%
LAND	F	-2.21%
PK	C	-1.74%
OUT	A	-1.5%
SILA	C	-1.26%
NSA	C	-1.21%
INN	D	-1.06%
VTR	B	-1.0%
CCI	C	-0.71%
INVH	D	-0.42%
XHR	B	-0.26%
PEB	D	-0.25%
DHC	F	-0.19%