HAPI vs. TVAL ETF Comparison

Comparison of Harbor Corporate Culture ETF (HAPI) to T. Rowe Price Exchange-Traded Funds, Inc. T. Rowe Price Value ETF (TVAL)

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

TVAL

T. Rowe Price Exchange-Traded Funds, Inc. T. Rowe Price Value ETF

TVAL Description

The fund will invest primarily in U.S. equity securities. In taking a value approach to investment selection, the adviser seeks to identify companies that appear to be undervalued by various measures, and may be temporarily out of favor, but have good prospects for capital appreciation. Some of the principal measures used to identify such stocks are: price/earnings ratio, price/book value ratio, price/sales ratio, dividend yield, price/cash flow, undervalued assets, and restructuring opportunities. The fund may purchase the stocks of companies of any size, but typically focuses on larger companies.

Grade (RS Rating)

Last Trade

$33.11

Average Daily Volume

13,066

Number of Holdings ^*

144

* may have additional holdings in another (foreign) market

Performance

Period	HAPI	TVAL
30 Days	2.60%	2.98%
60 Days	4.98%	4.22%
90 Days	6.65%	5.88%
12 Months	35.11%	29.14%

43 Overlapping Holdings

Symbol	Grade	Weight in HAPI	Weight in TVAL	Overlap
A	D	0.2%	0.33%	0.2%
AEE	A	0.16%	0.65%	0.16%
AMAT	F	0.76%	0.38%	0.38%
AMD	F	0.67%	0.22%	0.22%
ARES	A	0.12%	0.45%	0.12%
AXP	A	0.91%	0.26%	0.26%
BAC	A	1.88%	1.89%	1.88%
BDX	F	0.36%	1.01%	0.36%
BKR	B	0.26%	0.35%	0.26%
BLK	C	0.87%	0.43%	0.43%
CAT	B	1.13%	0.3%	0.3%
CL	D	0.3%	0.84%	0.3%
CME	A	0.44%	0.23%	0.23%
CMI	A	0.29%	1.09%	0.29%
CVX	A	2.07%	0.73%	0.73%
DTE	C	0.16%	0.17%	0.16%
EQIX	A	0.46%	0.16%	0.16%
GE	D	1.05%	1.21%	1.05%
GEV	B	0.48%	0.7%	0.48%
GOOG	C	2.81%	0.95%	0.95%
HIG	B	0.19%	1.96%	0.19%
HON	B	0.95%	0.68%	0.68%
JNJ	D	2.09%	1.82%	1.82%
JPM	A	3.99%	1.23%	1.23%
KMB	D	0.18%	0.66%	0.18%
KO	D	0.93%	0.72%	0.72%
LHX	C	0.28%	1.36%	0.28%
LLY	F	2.89%	1.19%	1.19%
MAR	B	0.68%	0.47%	0.47%
MDLZ	F	0.35%	0.43%	0.35%
META	D	3.22%	0.87%	0.87%
MOH	F	0.08%	0.28%	0.08%
MS	A	1.02%	0.56%	0.56%
MSFT	F	4.3%	0.65%	0.65%
PG	A	1.56%	0.72%	0.72%
PLD	D	0.56%	0.34%	0.34%
QCOM	F	0.56%	1.08%	0.56%
ROK	B	0.09%	0.52%	0.09%
SO	D	0.64%	1.67%	0.64%
STLD	B	0.2%	0.32%	0.2%
TXN	C	0.61%	0.7%	0.61%
WMB	A	0.56%	0.46%	0.46%
ZTS	D	0.46%	0.23%	0.23%

HAPI Overweight 108 Positions Relative to TVAL

Symbol	Grade	Weight
NVDA	C	8.04%
AAPL	C	5.25%
AMZN	C	5.0%
GOOGL	C	3.2%
MA	C	2.54%
XLC	A	1.59%
BKNG	A	1.52%
BSX	B	1.15%
NFLX	A	1.14%
ISRG	A	1.01%
CRM	B	0.94%
AMGN	D	0.89%
PEP	F	0.84%
LMT	D	0.83%
PFE	D	0.77%
MELI	D	0.76%
CSCO	B	0.75%
ADBE	C	0.74%
BX	A	0.71%
DE	A	0.67%
GILD	C	0.65%
NOW	A	0.63%
FCX	D	0.61%
DUK	C	0.6%
IBM	C	0.6%
HLT	A	0.58%
INTU	C	0.57%
KKR	A	0.5%
ABNB	C	0.49%
NOC	D	0.45%
GWW	B	0.41%
ADP	B	0.39%
SLB	C	0.38%
MO	A	0.38%
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%
DOW	F	0.29%
DD	D	0.29%
EBAY	D	0.29%
OXY	D	0.27%
ANET	C	0.27%
EXPE	B	0.26%
PWR	A	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%
BLDR	D	0.19%
ACGL	D	0.19%
FTNT	C	0.18%
FICO	B	0.17%
ALNY	D	0.17%
SPOT	B	0.17%
F	C	0.16%
NDAQ	A	0.16%
WDAY	B	0.16%
GEHC	F	0.15%
GIS	D	0.15%
SYF	B	0.15%
TTD	B	0.15%
MSCI	C	0.15%
BRO	B	0.14%
SBAC	D	0.14%
STZ	D	0.14%
IT	C	0.13%
CINF	A	0.13%
TEAM	A	0.13%
HPQ	B	0.12%
PFG	D	0.12%
CBOE	B	0.12%
BAH	F	0.11%
PHM	D	0.11%
ESS	B	0.11%
LII	A	0.11%
HUBS	A	0.1%
LUV	C	0.1%
BR	A	0.09%
HPE	B	0.09%
ANSS	B	0.09%
NTAP	C	0.08%
BG	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 101 Positions Relative to TVAL

Symbol	Grade	Weight
XOM	B	-2.56%
CB	C	-2.23%
UNH	C	-1.9%
WMT	A	-1.89%
ELV	F	-1.81%
WFC	A	-1.77%
FI	A	-1.53%
KVUE	A	-1.49%
PM	B	-1.41%
COP	C	-1.25%
AVB	B	-1.22%
TMO	F	-1.12%
SWK	D	-1.1%
EQH	B	-1.0%
SCHW	B	-0.89%
TMUS	B	-0.88%
WY	D	-0.88%
AIG	B	-0.87%
CI	F	-0.87%
ZBH	C	-0.85%
EOG	A	-0.82%
C	A	-0.81%
MCK	B	-0.8%
MRK	F	-0.8%
FITB	A	-0.77%
NWSA	B	-0.75%
VST	B	-0.74%
NSC	B	-0.74%
LIN	D	-0.73%
HUBB	B	-0.7%
ACN	C	-0.7%
TTE	F	-0.7%
SRE	A	-0.68%
MMC	B	-0.67%
DHR	F	-0.65%
IP	B	-0.64%
HD	A	-0.63%
RSG	A	-0.62%
WDC	D	-0.6%
NEE	D	-0.59%
VZ	C	-0.58%
USB	A	-0.56%
BA	F	-0.56%
D	C	-0.55%
AZO	C	-0.52%
RPM	A	-0.52%
CF	B	-0.52%
BAX	D	-0.5%
CSX	B	-0.49%
HWM	A	-0.48%
REXR	F	-0.48%
PGR	A	-0.48%
AZN	D	-0.47%
CMCSA	B	-0.46%
EQT	B	-0.46%
MCD	D	-0.46%
APO	B	-0.46%
TDG	D	-0.46%
HBAN	A	-0.45%
MU	D	-0.45%
HCA	F	-0.45%
PSA	D	-0.44%
FANG	D	-0.43%
REGN	F	-0.42%
UNP	C	-0.42%
CPAY	A	-0.42%
LEN	D	-0.42%
LVS	C	-0.41%
LAMR	D	-0.4%
KDP	D	-0.4%
CAG	D	-0.4%
TSM	B	-0.39%
ALL	A	-0.39%
ABBV	D	-0.36%
YUM	B	-0.36%
KEYS	A	-0.35%
ADI	D	-0.35%
MSI	B	-0.34%
EFX	F	-0.33%
COF	B	-0.33%
UAL	A	-0.31%
TT	A	-0.31%
AME	A	-0.31%
OTIS	C	-0.3%
VRTX	F	-0.29%
ROP	B	-0.29%
TJX	A	-0.29%
UPS	C	-0.28%
CARR	D	-0.27%
MCHP	D	-0.27%
SPGI	C	-0.26%
CDW	F	-0.25%
MGM	D	-0.24%
CVS	D	-0.23%
HAL	C	-0.22%
VMC	B	-0.22%
MET	A	-0.22%
BHP	F	-0.2%
DIS	B	-0.2%
AVY	D	-0.19%
SNY	F	-0.19%