ACWV vs. HAPI ETF Comparison

Comparison of iShares MSCI All Country World Minimum Volatility Index Fund (ACWV) to Harbor Corporate Culture ETF (HAPI)

ACWV

iShares MSCI All Country World Minimum Volatility Index Fund

ACWV Description

The investment seeks to track the investment results of an index composed of developed and emerging market equities that, in the aggregate, have lower volatility characteristics relative to the broader developed and emerging equity markets. The fund generally invests at least 90% of its assets in securities of the underlying index or in depositary receipts representing securities in the underlying index. It seeks to track the underlying index, which has been developed by MSCI Inc. ("MSCI") to measure the combined performance of equity securities in both emerging and developed markets that in aggregate have lower volatility. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$114.30

Average Daily Volume

117,990

Number of Holdings ^*

139

* may have additional holdings in another (foreign) market

HAPI

Harbor Corporate Culture ETF

HAPI Description

The fund invests at least 80% of its total assets in securities that are included in the index. The index consists of a modified market capitalization-weighted portfolio of equity securities of approximately 150 U.S. companies identified by Irrational Capital LLC ("Irrational Capital") as those the advisor believes to possess strong corporate culture based on its proprietary scoring methodology.

Grade (RS Rating)

Last Trade

$36.36

Average Daily Volume

5,644

Number of Holdings ^*

151

* may have additional holdings in another (foreign) market

Performance

Period	ACWV	HAPI
30 Days	0.32%	2.60%
60 Days	-0.25%	4.98%
90 Days	1.23%	6.65%
12 Months	18.77%	35.11%

35 Overlapping Holdings

Symbol	Grade	Weight in ACWV	Weight in HAPI	Overlap
ACGL	D	0.57%	0.19%	0.19%
AEE	A	0.11%	0.16%	0.11%
AMGN	D	0.34%	0.89%	0.34%
ANET	C	0.06%	0.27%	0.06%
BAH	F	0.37%	0.11%	0.11%
BDX	F	0.22%	0.36%	0.22%
BMRN	D	0.19%	0.06%	0.06%
BRO	B	0.3%	0.14%	0.14%
CBOE	B	0.54%	0.12%	0.12%
CL	D	0.35%	0.3%	0.3%
CME	A	0.23%	0.44%	0.23%
CSCO	B	1.57%	0.75%	0.75%
CTVA	C	0.12%	0.31%	0.12%
DUK	C	0.81%	0.6%	0.6%
ED	D	0.84%	0.23%	0.23%
FICO	B	0.12%	0.17%	0.12%
GILD	C	0.48%	0.65%	0.48%
GIS	D	0.61%	0.15%	0.15%
IBM	C	0.73%	0.6%	0.6%
IT	C	0.07%	0.13%	0.07%
JNJ	D	1.05%	2.09%	1.05%
KMB	D	0.3%	0.18%	0.18%
KO	D	0.05%	0.93%	0.05%
LLY	F	0.52%	2.89%	0.52%
LMT	D	0.23%	0.83%	0.23%
MA	C	0.19%	2.54%	0.19%
MDLZ	F	0.25%	0.35%	0.25%
MOH	F	0.12%	0.08%	0.08%
MSFT	F	0.76%	4.3%	0.76%
NOC	D	0.77%	0.45%	0.45%
PEP	F	1.08%	0.84%	0.84%
PG	A	0.82%	1.56%	0.82%
SO	D	0.8%	0.64%	0.64%
TRV	B	0.32%	0.33%	0.32%
WDAY	B	0.1%	0.16%	0.1%

ACWV Overweight 104 Positions Relative to HAPI

Symbol	Grade	Weight
TMUS	B	2.03%
MSI	B	1.88%
WMT	A	1.82%
WM	A	1.5%
MCK	B	1.42%
ROP	B	1.36%
RSG	A	1.19%
VRTX	F	1.13%
MRK	F	1.06%
COR	B	1.05%
MCD	D	1.02%
BRK.A	B	0.91%
CB	C	0.88%
MMC	B	0.88%
PGR	A	0.84%
UNH	C	0.83%
KR	B	0.83%
AZO	C	0.77%
VZ	C	0.76%
WEC	A	0.68%
GDDY	A	0.64%
EA	A	0.63%
ORLY	B	0.62%
REGN	F	0.61%
V	A	0.59%
K	A	0.57%
APH	A	0.54%
ORCL	B	0.54%
ABBV	D	0.49%
FI	A	0.48%
CHD	B	0.46%
HSY	F	0.44%
MKL	A	0.43%
ELV	F	0.42%
WRB	A	0.41%
KEYS	A	0.41%
L	A	0.4%
UTHR	C	0.4%
WCN	A	0.39%
INCY	C	0.38%
CHT	D	0.37%
TJX	A	0.37%
KDP	D	0.36%
FFIV	B	0.36%
VRSN	F	0.35%
AON	A	0.35%
KHC	F	0.33%
AJG	B	0.33%
TSN	B	0.32%
JNPR	F	0.32%
NBIX	C	0.31%
HUM	C	0.31%
GEN	B	0.3%
AKAM	D	0.27%
SJM	D	0.27%
T	A	0.26%
ACN	C	0.26%
ERIE	D	0.26%
BMY	B	0.25%
CF	B	0.25%
CI	F	0.24%
YUM	B	0.24%
FCNCA	A	0.23%
HRL	D	0.23%
FWONK	B	0.22%
PTC	A	0.22%
CPB	D	0.22%
CTSH	B	0.21%
ROL	B	0.21%
MFG	B	0.21%
JKHY	D	0.2%
DPZ	C	0.19%
CAH	B	0.18%
GD	F	0.18%
LNG	B	0.16%
ULTA	F	0.16%
CMS	C	0.16%
MPC	D	0.15%
DGX	A	0.15%
AIZ	A	0.13%
WIT	A	0.12%
MNST	C	0.12%
AZPN	A	0.11%
TDY	B	0.11%
XEL	A	0.11%
EG	C	0.1%
WTW	B	0.1%
XOM	B	0.1%
PCG	A	0.1%
ABT	B	0.1%
TPL	A	0.1%
NEM	D	0.09%
TRGP	B	0.08%
AEP	D	0.07%
KNX	B	0.06%
DINO	D	0.06%
FANG	D	0.06%
CHRW	C	0.06%
CAG	D	0.05%
GPC	D	0.05%
HOLX	D	0.05%
ACI	C	0.05%
HSIC	B	0.05%
HKD	F	0.0%

ACWV Underweight 116 Positions Relative to HAPI

Symbol	Grade	Weight
NVDA	C	-8.04%
AAPL	C	-5.25%
AMZN	C	-5.0%
JPM	A	-3.99%
META	D	-3.22%
GOOGL	C	-3.2%
GOOG	C	-2.81%
CVX	A	-2.07%
BAC	A	-1.88%
XLC	A	-1.59%
BKNG	A	-1.52%
BSX	B	-1.15%
NFLX	A	-1.14%
CAT	B	-1.13%
GE	D	-1.05%
MS	A	-1.02%
ISRG	A	-1.01%
HON	B	-0.95%
CRM	B	-0.94%
AXP	A	-0.91%
BLK	C	-0.87%
PFE	D	-0.77%
AMAT	F	-0.76%
MELI	D	-0.76%
ADBE	C	-0.74%
BX	A	-0.71%
MAR	B	-0.68%
AMD	F	-0.67%
DE	A	-0.67%
NOW	A	-0.63%
TXN	C	-0.61%
FCX	D	-0.61%
HLT	A	-0.58%
INTU	C	-0.57%
WMB	A	-0.56%
PLD	D	-0.56%
QCOM	F	-0.56%
KKR	A	-0.5%
ABNB	C	-0.49%
GEV	B	-0.48%
ZTS	D	-0.46%
EQIX	A	-0.46%
GWW	B	-0.41%
ADP	B	-0.39%
SLB	C	-0.38%
MO	A	-0.38%
PANW	C	-0.34%
NKE	D	-0.33%
INTC	D	-0.32%
LULU	C	-0.31%
URI	B	-0.31%
SPG	B	-0.31%
CMI	A	-0.29%
DOW	F	-0.29%
DD	D	-0.29%
EBAY	D	-0.29%
LHX	C	-0.28%
OXY	D	-0.27%
EXPE	B	-0.26%
PWR	A	-0.26%
BKR	B	-0.26%
EXC	C	-0.26%
KLAC	D	-0.25%
MRVL	B	-0.24%
SNPS	B	-0.24%
CDNS	B	-0.24%
DAL	C	-0.23%
EIX	B	-0.22%
CRWD	B	-0.21%
EW	C	-0.21%
EXR	D	-0.2%
ADSK	A	-0.2%
RMD	C	-0.2%
STLD	B	-0.2%
A	D	-0.2%
BLDR	D	-0.19%
HIG	B	-0.19%
FTNT	C	-0.18%
ALNY	D	-0.17%
SPOT	B	-0.17%
F	C	-0.16%
NDAQ	A	-0.16%
DTE	C	-0.16%
GEHC	F	-0.15%
SYF	B	-0.15%
TTD	B	-0.15%
MSCI	C	-0.15%
SBAC	D	-0.14%
STZ	D	-0.14%
CINF	A	-0.13%
TEAM	A	-0.13%
HPQ	B	-0.12%
PFG	D	-0.12%
ARES	A	-0.12%
PHM	D	-0.11%
ESS	B	-0.11%
LII	A	-0.11%
HUBS	A	-0.1%
LUV	C	-0.1%
BR	A	-0.09%
HPE	B	-0.09%
ANSS	B	-0.09%
ROK	B	-0.09%
NTAP	C	-0.08%
BG	F	-0.08%
RBLX	C	-0.07%
DOC	D	-0.07%
CPT	B	-0.07%
ZBRA	B	-0.06%
FDS	B	-0.06%
TRMB	B	-0.05%
TER	D	-0.05%
MDB	C	-0.05%
J	F	-0.05%
EPAM	C	-0.04%
BSY	D	-0.03%