FDN vs. INNO ETF Comparison

Comparison of First Trust DJ Internet Index Fund (FDN) to Harbor Disruptive Innovation ETF (INNO)

FDN

First Trust DJ Internet Index Fund

FDN 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 Dow Jones Internet Composite Index (SM) (the "index"). The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. It, using an "indexing" investment approach, attempts to replicate, before fees and expenses, the performance of the index. The index is designed to include only companies whose primary focus is Internet-related. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$215.29

Average Daily Volume

312,546

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

$16.01

Average Daily Volume

9,924

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FDN	INNO
30 Days	9.07%	7.19%
60 Days	17.21%	14.00%
90 Days	2.38%	0.63%
12 Months	37.58%	32.52%

14 Overlapping Holdings

Symbol	Grade	Weight in FDN	Weight in INNO	Overlap
AMZN	C	9.46%	2.85%	2.85%
CRM	B	6.96%	0.6%	0.6%
DASH	A	2.59%	2.47%	2.47%
DDOG	B	1.97%	1.09%	1.09%
DKNG	C	1.03%	0.52%	0.52%
GOOG	B	4.65%	3.31%	3.31%
GOOGL	B	5.63%	1.93%	1.93%
HUBS	D	1.49%	0.89%	0.89%
META	A	10.48%	2.07%	2.07%
NET	D	1.36%	1.12%	1.12%
NFLX	A	8.02%	1.02%	1.02%
OKTA	F	0.65%	0.54%	0.54%
SNOW	F	2.17%	0.4%	0.4%
TEAM	D	1.38%	1.55%	1.38%

FDN Overweight 27 Positions Relative to INNO

Symbol	Grade	Weight
ANET	A	4.72%
BKNG	B	4.64%
CSCO	A	4.57%
PYPL	A	4.33%
ABNB	D	3.01%
WDAY	D	2.78%
CPRT	B	2.51%
EBAY	A	1.74%
VEEV	C	1.67%
RBLX	D	1.29%
GDDY	B	1.2%
CVNA	A	1.08%
PINS	D	1.05%
ZM	B	0.97%
VRSN	C	0.86%
AKAM	D	0.86%
NTNX	C	0.79%
JNPR	C	0.69%
DOCU	A	0.68%
CIEN	A	0.49%
PAYC	D	0.45%
SMAR	A	0.4%
DBX	C	0.32%
CFLT	F	0.28%
BOX	C	0.26%
MARA	F	0.26%
ZI	F	0.16%

FDN Underweight 53 Positions Relative to INNO

Symbol	Grade	Weight
LRCX	D	-4.13%
NOW	B	-3.93%
NVDA	B	-3.81%
MELI	D	-3.36%
PGR	B	-3.1%
CDNS	D	-3.0%
DHR	D	-2.99%
LIN	C	-2.87%
SHOP	B	-2.87%
URI	C	-2.81%
TXN	C	-2.46%
IOT	C	-2.21%
MSFT	D	-2.07%
ASND	C	-1.99%
AMD	C	-1.72%
CMG	C	-1.56%
TOST	B	-1.44%
CGNX	F	-1.27%
PCOR	D	-1.09%
SAP	C	-0.89%
MNDY	B	-0.86%
MEDP	F	-0.85%
GTLS	D	-0.84%
SE	B	-0.81%
S	C	-0.78%
AMAT	C	-0.73%
PANW	B	-0.72%
LSCC	D	-0.72%
MTSI	B	-0.72%
ICLR	F	-0.71%
ZS	F	-0.69%
MRNA	F	-0.67%
BSY	D	-0.65%
LLY	D	-0.65%
DT	B	-0.64%
ROKU	C	-0.63%
NU	D	-0.61%
MDB	D	-0.61%
TSM	B	-0.58%
GEV	A	-0.57%
PODD	C	-0.56%
SQ	D	-0.54%
LEGN	F	-0.51%
HUBB	A	-0.45%
RCKT	F	-0.43%
TSLA	C	-0.4%
CRWD	D	-0.38%
GLBE	C	-0.37%
SAIA	D	-0.37%
TDG	A	-0.36%
PCVX	C	-0.32%
DXCM	F	-0.31%
BCYC	D	-0.17%