CVRD vs. INNO ETF Comparison

Comparison of Madison Covered Call ETF (CVRD) to Harbor Disruptive Innovation ETF (INNO)

CVRD

Madison Covered Call ETF

CVRD Description

The fund will seek to achieve its objectives by (1) investing in common stocks of equity securities that pay dividends and (2) writing (i.e., selling) covered call options on a substantial portion of its portfolio of securities. Under normal market conditions, the fund will invest at least 80% of its net assets (including any borrowings for investment purposes) in equity securities of companies, including other investment companies.

Grade (RS Rating)

Last Trade

$19.64

Average Daily Volume

6,647

Number of Holdings ^*

* may have additional holdings in another (foreign) market

INNO

Harbor Disruptive Innovation ETF

INNO Description

INNO invests in stocks of any size with growth potential linked to disruptive innovation. The fund aims to achieve enhanced risk-adjusted investment outcome by utilizing an active multi-manager approach in which the advisor allocates assets among subadvisors. Each subadvisor represents a strategy that targets associated disruptive companies in technology, advanced therapies, analog-to-digital transition, structural changes and secular trends, and products or services with large demand. The advisor determines and adjusts allocations based on qualitative and quantitative assessments of each strategy, as well as in combination. The fund may invest up to 25% in foreign markets, including developing countries. INNO utilizes the same investment strategy and portfolio management team as its mutual fund counterpart, Harbor Disruptive Innovation Fund.

Grade (RS Rating)

Last Trade

$17.23

Average Daily Volume

29,808

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	CVRD	INNO
30 Days	0.70%	8.00%
60 Days	1.14%	8.03%
90 Days	2.31%	10.18%
12 Months	9.31%	29.81%

6 Overlapping Holdings

Symbol	Grade	Weight in CVRD	Weight in INNO	Overlap
AMD	F	1.86%	1.36%	1.36%
AMZN	C	2.08%	2.97%	2.08%
DHR	F	1.42%	2.42%	1.42%
GOOG	C	3.44%	3.38%	3.38%
MSFT	F	2.49%	1.92%	1.92%
TXN	C	1.77%	2.3%	1.77%

CVRD Overweight 36 Positions Relative to INNO

Symbol	Grade	Weight
CSCO	B	3.92%
LVS	C	3.7%
CME	A	3.69%
ADBE	C	3.24%
V	A	3.17%
PYPL	B	3.02%
STZ	D	2.89%
MDT	D	2.82%
CMCSA	B	2.81%
TMUS	B	2.59%
ABT	B	2.55%
APD	A	2.37%
HON	B	2.35%
ACN	C	2.33%
AES	F	2.19%
A	D	2.18%
UPS	C	2.1%
EMR	A	2.04%
MCHP	D	2.04%
ADM	D	1.98%
LH	C	1.72%
LOW	D	1.7%
AMT	D	1.67%
PEP	F	1.67%
MTDR	B	1.6%
APH	A	1.57%
HPE	B	1.54%
UNP	C	1.52%
JNJ	D	1.47%
GLW	B	1.43%
COP	C	1.32%
FAST	B	1.26%
ROST	C	1.03%
RIG	D	0.83%
DLTR	F	0.8%
APA	D	0.66%

CVRD Underweight 62 Positions Relative to INNO

Symbol	Grade	Weight
NVDA	C	-4.35%
SHOP	B	-3.91%
NOW	A	-3.73%
CDNS	B	-3.13%
FI	A	-2.94%
MELI	D	-2.85%
PGR	A	-2.82%
DASH	A	-2.82%
URI	B	-2.81%
LIN	D	-2.53%
LRCX	F	-2.42%
TEAM	A	-2.23%
IOT	A	-2.16%
TOST	B	-2.03%
META	D	-2.01%
GOOGL	C	-1.96%
ASND	D	-1.55%
CMG	B	-1.51%
DDOG	A	-1.38%
TSM	B	-1.33%
PCOR	B	-1.2%
CGNX	C	-1.2%
NET	B	-1.17%
NFLX	A	-1.14%
HUBS	A	-1.11%
GTLS	B	-1.09%
CRM	B	-0.9%
S	B	-0.84%
SAP	B	-0.84%
SE	B	-0.83%
MEDP	D	-0.82%
ORCL	B	-0.81%
PANW	C	-0.8%
MNDY	C	-0.8%
ZS	C	-0.79%
MTSI	B	-0.77%
GEV	B	-0.67%
SQ	B	-0.65%
ROKU	D	-0.65%
LSCC	D	-0.64%
NU	C	-0.63%
DT	C	-0.62%
MDB	C	-0.62%
AMAT	F	-0.61%
PODD	C	-0.58%
GLBE	B	-0.57%
LLY	F	-0.54%
OKTA	C	-0.53%
DKNG	B	-0.5%
ICLR	D	-0.46%
TSLA	B	-0.46%
CRWD	B	-0.45%
SAIA	B	-0.45%
SNOW	C	-0.43%
LEGN	F	-0.41%
MRNA	F	-0.39%
TDG	D	-0.33%
RCKT	F	-0.33%
DXCM	D	-0.32%
CHKP	D	-0.32%
PCVX	D	-0.25%
BCYC	F	-0.16%