HAPI vs. LSAF ETF Comparison

Comparison of Harbor Corporate Culture ETF (HAPI) to LeaderShares AlphaFactor US Core Equity ETF (LSAF)

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

$36.20

Average Daily Volume

5,644

Number of Holdings ^*

151

* may have additional holdings in another (foreign) market

LSAF

LeaderShares AlphaFactor US Core Equity ETF

LSAF Description

The investment seeks to provide investment results that correspond generally, before fees and expenses, to the performance of the AlphaFactor® US Core Equity Index. Under normal circumstances, at least 80% of the fund's net assets, including any borrowings for investment purposes, will be invested in a diversified portfolio of equity securities of U.S. common stocks included in the index. The index utilizes a quantitative rules-based investment methodology that applies a multi-factor ranking process and is focused on the largest 1,000 U.S. common stocks based on market capitalization.

Grade (RS Rating)

Last Trade

$43.63

Average Daily Volume

11,395

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	HAPI	LSAF
30 Days	2.60%	5.32%
60 Days	4.98%	6.52%
90 Days	6.65%	9.24%
12 Months	35.11%	34.17%

22 Overlapping Holdings

Symbol	Grade	Weight in HAPI	Weight in LSAF	Overlap
AAPL	C	5.25%	0.93%	0.93%
AXP	A	0.91%	1.03%	0.91%
BKNG	A	1.52%	1.17%	1.17%
BLDR	D	0.19%	0.85%	0.19%
BR	A	0.09%	1.0%	0.09%
CAT	B	1.13%	0.94%	0.94%
CMI	A	0.29%	1.08%	0.29%
DD	D	0.29%	0.88%	0.29%
EBAY	D	0.29%	0.89%	0.29%
EXPE	B	0.26%	1.17%	0.26%
FICO	B	0.17%	1.14%	0.17%
FTNT	C	0.18%	1.15%	0.18%
GOOGL	C	3.2%	0.96%	0.96%
HIG	B	0.19%	0.97%	0.19%
HLT	A	0.58%	1.03%	0.58%
IT	C	0.13%	0.97%	0.13%
LMT	D	0.83%	0.88%	0.83%
MAR	B	0.68%	1.08%	0.68%
MO	A	0.38%	1.04%	0.38%
PHM	D	0.11%	0.84%	0.11%
STLD	B	0.2%	1.09%	0.2%
SYF	B	0.15%	1.24%	0.15%

HAPI Overweight 129 Positions Relative to LSAF

Symbol	Grade	Weight
NVDA	C	8.04%
AMZN	C	5.0%
MSFT	F	4.3%
JPM	A	3.99%
META	D	3.22%
LLY	F	2.89%
GOOG	C	2.81%
MA	C	2.54%
JNJ	D	2.09%
CVX	A	2.07%
BAC	A	1.88%
XLC	A	1.59%
PG	A	1.56%
BSX	B	1.15%
NFLX	A	1.14%
GE	D	1.05%
MS	A	1.02%
ISRG	A	1.01%
HON	B	0.95%
CRM	B	0.94%
KO	D	0.93%
AMGN	D	0.89%
BLK	C	0.87%
PEP	F	0.84%
PFE	D	0.77%
AMAT	F	0.76%
MELI	D	0.76%
CSCO	B	0.75%
ADBE	C	0.74%
BX	A	0.71%
AMD	F	0.67%
DE	A	0.67%
GILD	C	0.65%
SO	D	0.64%
NOW	A	0.63%
TXN	C	0.61%
FCX	D	0.61%
DUK	C	0.6%
IBM	C	0.6%
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%
NOC	D	0.45%
CME	A	0.44%
GWW	B	0.41%
ADP	B	0.39%
SLB	C	0.38%
BDX	F	0.36%
MDLZ	F	0.35%
PANW	C	0.34%
TRV	B	0.33%
NKE	D	0.33%
INTC	D	0.32%
LULU	C	0.31%
URI	B	0.31%
SPG	B	0.31%
CTVA	C	0.31%
CL	D	0.3%
DOW	F	0.29%
LHX	C	0.28%
OXY	D	0.27%
ANET	C	0.27%
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%
ED	D	0.23%
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%
A	D	0.2%
ACGL	D	0.19%
KMB	D	0.18%
ALNY	D	0.17%
SPOT	B	0.17%
F	C	0.16%
AEE	A	0.16%
NDAQ	A	0.16%
DTE	C	0.16%
WDAY	B	0.16%
GEHC	F	0.15%
GIS	D	0.15%
TTD	B	0.15%
MSCI	C	0.15%
BRO	B	0.14%
SBAC	D	0.14%
STZ	D	0.14%
CINF	A	0.13%
TEAM	A	0.13%
HPQ	B	0.12%
PFG	D	0.12%
CBOE	B	0.12%
ARES	A	0.12%
BAH	F	0.11%
ESS	B	0.11%
LII	A	0.11%
HUBS	A	0.1%
LUV	C	0.1%
HPE	B	0.09%
ANSS	B	0.09%
ROK	B	0.09%
NTAP	C	0.08%
BG	F	0.08%
MOH	F	0.08%
RBLX	C	0.07%
DOC	D	0.07%
CPT	B	0.07%
ZBRA	B	0.06%
FDS	B	0.06%
BMRN	D	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%

HAPI Underweight 77 Positions Relative to LSAF

Symbol	Grade	Weight
TRGP	B	-1.34%
VST	B	-1.32%
EXEL	B	-1.27%
UNM	A	-1.21%
OWL	A	-1.19%
AAON	B	-1.18%
GM	B	-1.17%
PLNT	A	-1.16%
FI	A	-1.15%
DUOL	A	-1.15%
AMP	A	-1.15%
NTNX	A	-1.14%
GS	A	-1.14%
CPAY	A	-1.13%
LOPE	B	-1.08%
TMUS	B	-1.08%
PRI	A	-1.06%
WSO	A	-1.05%
EQH	B	-1.05%
GWRE	A	-1.04%
RS	B	-1.04%
FOXA	B	-1.04%
WRB	A	-1.04%
JBL	B	-1.03%
MUSA	A	-1.02%
ORI	A	-1.02%
GEN	B	-1.02%
RL	B	-1.01%
EXP	A	-1.01%
AMG	B	-1.0%
LPX	B	-1.0%
EEFT	B	-1.0%
ORLY	B	-0.99%
LNW	D	-0.99%
REG	B	-0.98%
MET	A	-0.98%
AIG	B	-0.98%
H	B	-0.97%
FIS	C	-0.97%
UTHR	C	-0.97%
WWD	B	-0.96%
PSX	C	-0.95%
AFL	B	-0.95%
DVA	B	-0.95%
SPGI	C	-0.94%
LOW	D	-0.93%
COLM	B	-0.93%
POST	C	-0.93%
MPC	D	-0.93%
PVH	C	-0.93%
TOL	B	-0.93%
CSL	C	-0.93%
AZO	C	-0.92%
SNX	C	-0.92%
GPK	C	-0.92%
MTG	C	-0.92%
PSN	D	-0.91%
SPB	C	-0.9%
COKE	C	-0.9%
TXT	D	-0.9%
CI	F	-0.9%
AN	C	-0.89%
MAS	D	-0.88%
NSA	D	-0.87%
KBR	F	-0.87%
NVR	D	-0.86%
LEN	D	-0.85%
SAIC	F	-0.85%
THC	D	-0.85%
BLD	D	-0.84%
HRB	D	-0.84%
MHK	D	-0.81%
FBIN	D	-0.8%
HCA	F	-0.78%
WMS	D	-0.77%
MTD	D	-0.76%
CROX	D	-0.67%