HAPI vs. NXTI ETF Comparison

Comparison of Harbor Corporate Culture ETF (HAPI) to Simplify Next Intangible Core Index ETF (NXTI)

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

NXTI

Simplify Next Intangible Core Index ETF

NXTI Description

NXTI targets US companies with relatively high intangible capital-to-book assets ratios within their respective sectors. The fund defines intangible capital as productive assets that lack physical presence and are created through investments in brand, knowledge, and organization capital. The index construction starts by calculating a ratio of intangible capital-to-book assets for each security in an initial universe consisting of the largest 2000 US companies by market-cap. The 200 stocks with the highest intangible capital-to-book assets ratio are selected for inclusion. At least five stocks are included from each of the 13 sectors determined by the index provider using a combination of SIC and NAICS codes along with data from publicly available 10-K filings. Constituents are weighted by market capitalization, with individual security weights capped at 5%. The index reconstitutes quarterly.

Grade (RS Rating)

Last Trade

$30.42

Average Daily Volume

460

Number of Holdings ^*

197

* may have additional holdings in another (foreign) market

Performance

Period	HAPI	NXTI
30 Days	2.60%	5.73%
60 Days	4.98%	7.47%
90 Days	6.65%	10.93%
12 Months	35.11%

52 Overlapping Holdings

Symbol	Grade	Weight in HAPI	Weight in NXTI	Overlap
A	D	0.2%	0.26%	0.2%
ABNB	C	0.49%	0.58%	0.49%
ACGL	D	0.19%	0.14%	0.14%
ADBE	C	0.74%	2.94%	0.74%
ADSK	A	0.2%	0.72%	0.2%
ALNY	D	0.17%	1.07%	0.17%
AMAT	F	0.76%	0.74%	0.74%
AXP	A	0.91%	0.77%	0.77%
BAH	F	0.11%	0.15%	0.11%
BKNG	A	1.52%	0.88%	0.88%
BKR	B	0.26%	0.25%	0.25%
BRO	B	0.14%	0.12%	0.12%
BX	A	0.71%	0.77%	0.71%
CDNS	B	0.24%	0.87%	0.24%
CL	D	0.3%	0.55%	0.3%
CMI	A	0.29%	0.3%	0.29%
CSCO	B	0.75%	2.73%	0.75%
DD	D	0.29%	0.18%	0.18%
EBAY	D	0.29%	0.33%	0.29%
ED	D	0.23%	0.32%	0.23%
EXPE	B	0.26%	0.14%	0.14%
FICO	B	0.17%	0.57%	0.17%
FTNT	C	0.18%	0.77%	0.18%
GEV	B	0.48%	0.66%	0.48%
GIS	D	0.15%	0.16%	0.15%
GWW	B	0.41%	0.31%	0.31%
HIG	B	0.19%	0.13%	0.13%
HON	B	0.95%	0.91%	0.91%
HPQ	B	0.12%	0.45%	0.12%
HUBS	A	0.1%	0.34%	0.1%
IBM	C	0.6%	2.28%	0.6%
INTU	C	0.57%	2.08%	0.57%
IT	C	0.13%	0.24%	0.13%
KMB	D	0.18%	0.31%	0.18%
KO	D	0.93%	1.23%	0.93%
LII	A	0.11%	0.11%	0.11%
MA	C	2.54%	3.02%	2.54%
MDB	C	0.05%	0.24%	0.05%
META	D	3.22%	5.28%	3.22%
NKE	D	0.33%	0.82%	0.33%
NOW	A	0.63%	2.29%	0.63%
NTAP	C	0.08%	0.29%	0.08%
PANW	C	0.34%	1.5%	0.34%
PEP	F	0.84%	1.02%	0.84%
SNPS	B	0.24%	0.95%	0.24%
SPOT	B	0.17%	0.93%	0.17%
TEAM	A	0.13%	0.61%	0.13%
TER	D	0.05%	0.12%	0.05%
TRV	B	0.33%	0.22%	0.22%
WDAY	B	0.16%	0.81%	0.16%
WMB	A	0.56%	0.59%	0.56%
ZBRA	B	0.06%	0.23%	0.06%

HAPI Overweight 99 Positions Relative to NXTI

Symbol	Grade	Weight
NVDA	C	8.04%
AAPL	C	5.25%
AMZN	C	5.0%
MSFT	F	4.3%
JPM	A	3.99%
GOOGL	C	3.2%
LLY	F	2.89%
GOOG	C	2.81%
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%
CAT	B	1.13%
GE	D	1.05%
MS	A	1.02%
ISRG	A	1.01%
CRM	B	0.94%
AMGN	D	0.89%
BLK	C	0.87%
LMT	D	0.83%
PFE	D	0.77%
MELI	D	0.76%
MAR	B	0.68%
AMD	F	0.67%
DE	A	0.67%
GILD	C	0.65%
SO	D	0.64%
TXN	C	0.61%
FCX	D	0.61%
DUK	C	0.6%
HLT	A	0.58%
PLD	D	0.56%
QCOM	F	0.56%
KKR	A	0.5%
ZTS	D	0.46%
EQIX	A	0.46%
NOC	D	0.45%
CME	A	0.44%
ADP	B	0.39%
SLB	C	0.38%
MO	A	0.38%
BDX	F	0.36%
MDLZ	F	0.35%
INTC	D	0.32%
LULU	C	0.31%
URI	B	0.31%
SPG	B	0.31%
CTVA	C	0.31%
DOW	F	0.29%
LHX	C	0.28%
OXY	D	0.27%
ANET	C	0.27%
PWR	A	0.26%
EXC	C	0.26%
KLAC	D	0.25%
MRVL	B	0.24%
DAL	C	0.23%
EIX	B	0.22%
CRWD	B	0.21%
EW	C	0.21%
EXR	D	0.2%
RMD	C	0.2%
STLD	B	0.2%
BLDR	D	0.19%
F	C	0.16%
AEE	A	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%
PFG	D	0.12%
CBOE	B	0.12%
ARES	A	0.12%
PHM	D	0.11%
ESS	B	0.11%
LUV	C	0.1%
BR	A	0.09%
HPE	B	0.09%
ANSS	B	0.09%
ROK	B	0.09%
BG	F	0.08%
MOH	F	0.08%
RBLX	C	0.07%
DOC	D	0.07%
CPT	B	0.07%
FDS	B	0.06%
BMRN	D	0.06%
TRMB	B	0.05%
J	F	0.05%
EPAM	C	0.04%
BSY	D	0.03%

HAPI Underweight 145 Positions Relative to NXTI

Symbol	Grade	Weight
WMT	A	-5.09%
BRK.A	B	-4.18%
XOM	B	-3.43%
UNH	C	-2.16%
HD	A	-1.6%
IDXX	F	-1.04%
UBER	D	-1.04%
DELL	C	-1.03%
PLTR	B	-0.99%
MSI	B	-0.91%
PM	B	-0.9%
UPS	C	-0.79%
TGT	F	-0.67%
LOW	D	-0.59%
PGR	A	-0.56%
CTAS	B	-0.55%
APP	B	-0.54%
DDOG	A	-0.54%
LRCX	F	-0.53%
TT	A	-0.52%
EA	A	-0.5%
ORLY	B	-0.49%
ITW	B	-0.49%
ALGN	D	-0.47%
CTSH	B	-0.47%
MMM	D	-0.47%
INCY	C	-0.46%
D	C	-0.46%
NTRA	B	-0.45%
FDX	B	-0.44%
SRPT	D	-0.43%
MMC	B	-0.43%
DASH	A	-0.42%
NBIX	C	-0.4%
INSM	C	-0.39%
PH	A	-0.39%
NET	B	-0.38%
KR	B	-0.37%
SHW	A	-0.36%
CI	F	-0.36%
ELV	F	-0.36%
ECL	D	-0.35%
TRGP	B	-0.34%
MPC	D	-0.33%
ZS	C	-0.33%
PAYX	C	-0.32%
PEN	B	-0.32%
VST	B	-0.32%
GDDY	A	-0.31%
HSIC	B	-0.3%
CDW	F	-0.3%
ITCI	C	-0.29%
CVS	D	-0.29%
PINS	D	-0.29%
EXEL	B	-0.29%
IOT	A	-0.28%
STX	D	-0.26%
AJG	B	-0.25%
AFL	B	-0.24%
RDDT	B	-0.24%
SNAP	C	-0.23%
VLTO	D	-0.23%
VMC	B	-0.23%
NWS	B	-0.22%
AMP	A	-0.22%
MNST	C	-0.22%
IONS	F	-0.22%
NTNX	A	-0.21%
MDGL	B	-0.2%
CYTK	F	-0.2%
BPMC	C	-0.2%
AIG	B	-0.2%
MANH	D	-0.19%
CVNA	B	-0.19%
DT	C	-0.19%
INSP	D	-0.19%
ALL	A	-0.19%
PSTG	D	-0.19%
SMMT	D	-0.19%
TOST	B	-0.19%
BBIO	F	-0.18%
FAST	B	-0.18%
EL	F	-0.18%
PRU	A	-0.18%
DOCU	A	-0.18%
MTD	D	-0.18%
BBY	D	-0.18%
FFIV	B	-0.17%
NRG	B	-0.17%
KEYS	A	-0.17%
CACI	D	-0.16%
ULTA	F	-0.16%
OTIS	C	-0.16%
GWRE	A	-0.16%
SYY	B	-0.16%
JNPR	F	-0.16%
HUM	C	-0.15%
RARE	D	-0.15%
CORT	B	-0.15%
ILMN	D	-0.15%
HSY	F	-0.15%
ROL	B	-0.15%
CBRE	B	-0.15%
LYV	A	-0.15%
DECK	A	-0.14%
ALKS	B	-0.14%
WAT	B	-0.14%
DUOL	A	-0.14%
WSM	B	-0.14%
BURL	A	-0.14%
NI	A	-0.14%
AXSM	B	-0.14%
XYL	D	-0.14%
CNC	D	-0.13%
CLX	B	-0.13%
DOV	A	-0.12%
AVY	D	-0.12%
EXPD	D	-0.12%
K	A	-0.12%
FOLD	F	-0.12%
APLS	D	-0.12%
MTCH	D	-0.12%
PPG	F	-0.12%
TW	A	-0.11%
GTLB	B	-0.11%
TGTX	B	-0.11%
IOVA	F	-0.11%
RL	B	-0.11%
TSCO	D	-0.11%
NYT	C	-0.11%
PCOR	B	-0.11%
DKNG	B	-0.1%
APPF	B	-0.1%
AMED	F	-0.1%
ACI	C	-0.1%
TXT	D	-0.1%
GPC	D	-0.1%
DNLI	D	-0.1%
APTV	D	-0.1%
CHWY	B	-0.09%
DYN	F	-0.09%
RS	B	-0.09%
WING	D	-0.08%
DLB	B	-0.04%
LNW	D	-0.04%