ARP vs. MAPP ETF Comparison

Comparison of PMV Adaptive Risk Parity ETF (ARP) to Harbor Multi-Asset Explorer ETF (MAPP)

ARP

PMV Adaptive Risk Parity ETF

ARP Description

The PMV Adaptive Risk Parity ETF (the “Fund”) is an actively managed fund that seeks to generate capital appreciation, with lower volatility and reduced correlation to the overall equity market, by taking advantage of broad asset class trends throughout the market cycle.

Grade (RS Rating)

Last Trade

$27.69

Average Daily Volume

1,928

Number of Holdings ^*

* may have additional holdings in another (foreign) market

MAPP

Harbor Multi-Asset Explorer ETF

MAPP Description

To seek to achieve the fund"s investment objective, Harbor Capital Advisors Inc., the fund"s investment adviser (the "advisor"), allocates the fund"s assets among various asset classes and market sectors based on its assessment of global economic and market conditions, primarily through investments in a diversified portfolio of exchange-traded funds, including other funds managed by the advisor.

Grade (RS Rating)

Last Trade

$22.40

Average Daily Volume

732

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ARP	MAPP
30 Days	3.63%	3.61%
60 Days	-1.69%	-0.84%
90 Days	1.78%	1.85%
12 Months	11.72%

1 Overlapping Holdings

	Symbol	Grade	Weight in ARP	Weight in MAPP	Overlap
	QQQ	D	12.38%	6.78%	6.78%

ARP Overweight 4 Positions Relative to MAPP

Symbol	Grade	Weight
VOO	C	41.16%
PHYS	A	19.85%
VWO	C	7.05%
VGLT	A	5.72%

ARP Underweight 8 Positions Relative to MAPP

Symbol	Grade	Weight
IVV	C	-25.51%
TLT	A	-8.2%
XLF	B	-7.06%
XLC	C	-6.86%
EWJ	C	-5.55%
EWU	B	-5.07%
VGK	B	-4.83%
EEM	C	-4.59%

ARP: Top Represented Industries & Keywords

Industries: