HAPS vs. AFSM ETF Comparison

Comparison of Harbor Corporate Culture Small Cap ETF (HAPS) to Active Factor Small Cap ETF (AFSM)

HAPS

Harbor Corporate Culture Small Cap ETF

HAPS 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 200 small cap U.S. companies identified by Irrational Capital LLC those it believes to possess strong corporate culture based on its proprietary scoring methodology.

Grade (RS Rating)

Last Trade

$31.66

Average Daily Volume

141

Number of Holdings ^*

179

* may have additional holdings in another (foreign) market

AFSM

Active Factor Small Cap ETF

AFSM Description

The investment seeks to provide capital appreciation. Under normal market conditions, the fund will invest at least 80% of its net assets (including investment borrowings) in U.S.-listed equity securities issued by small capitalization companies. The manager defines small capitalization companies as those that, at the time of investment, have a market capitalization between a minimum of $250 million and the maximum market capitalization of a widely recognized index of small capitalization companies based upon the composition of the index at the time of investment. It is non-diversified.

Grade (RS Rating)

Last Trade

$32.64

Average Daily Volume

15,693

Number of Holdings ^*

295

* may have additional holdings in another (foreign) market

Performance

Period	HAPS	AFSM
30 Days	7.80%	7.72%
60 Days	7.16%	6.49%
90 Days	12.88%	6.95%
12 Months	27.41%	33.58%

44 Overlapping Holdings

Symbol	Grade	Weight in HAPS	Weight in AFSM	Overlap
ACIW	B	0.68%	0.02%	0.02%
ALKT	B	0.16%	0.12%	0.12%
ALRM	C	0.43%	0.14%	0.14%
AMCX	C	0.16%	0.1%	0.1%
AMN	F	0.35%	0.04%	0.04%
APPF	B	0.6%	0.49%	0.49%
ATEN	B	0.15%	0.05%	0.05%
BKE	B	0.49%	0.28%	0.28%
CASH	A	0.43%	0.35%	0.35%
CGEM	F	0.23%	0.11%	0.11%
CMPR	D	0.54%	0.2%	0.2%
COLL	F	0.51%	0.04%	0.04%
CRAI	B	0.42%	0.36%	0.36%
CSGS	B	0.21%	0.13%	0.13%
DOLE	D	0.29%	0.53%	0.29%
EXTR	B	0.26%	0.21%	0.21%
FORM	D	0.45%	0.04%	0.04%
HURN	B	0.69%	0.29%	0.29%
INTA	A	0.23%	0.26%	0.23%
KBH	D	1.26%	0.52%	0.52%
LBRT	D	1.0%	0.03%	0.03%
LOPE	B	1.58%	0.36%	0.36%
MCY	A	0.38%	0.65%	0.38%
MD	B	0.5%	0.36%	0.36%
MITK	C	0.09%	0.0%	0.0%
MOG.A	B	1.91%	0.34%	0.34%
OGS	A	1.24%	0.05%	0.05%
PI	D	0.55%	0.5%	0.5%
PIPR	B	1.17%	0.25%	0.25%
POWL	C	0.98%	0.7%	0.7%
PRGS	A	0.38%	0.38%	0.38%
RDN	C	1.1%	0.7%	0.7%
REZI	A	1.42%	0.6%	0.6%
RYI	C	0.3%	0.03%	0.03%
SCS	C	0.39%	0.31%	0.31%
SCSC	B	0.41%	0.15%	0.15%
SEMR	B	0.04%	0.04%	0.04%
TARS	B	0.6%	0.19%	0.19%
TDC	D	0.44%	0.04%	0.04%
TEX	D	1.24%	0.47%	0.47%
TRMK	B	0.47%	0.34%	0.34%
WGO	C	0.39%	0.07%	0.07%
YEXT	A	0.12%	0.11%	0.11%
ZETA	D	0.31%	0.81%	0.31%

HAPS Overweight 135 Positions Relative to AFSM

Symbol	Grade	Weight
AWI	A	2.18%
CBT	C	2.02%
PECO	A	1.99%
ACLX	C	1.89%
RYTM	C	1.76%
EAT	A	1.72%
APLE	B	1.71%
PTCT	B	1.63%
AGIO	C	1.55%
AVT	C	1.53%
NUVL	D	1.39%
HLNE	B	1.37%
KYMR	D	1.32%
HRI	B	1.32%
TNL	A	1.3%
NSA	D	1.26%
GVA	A	1.25%
KOS	F	1.2%
MC	C	1.14%
TPG	A	1.13%
SR	A	1.11%
YETI	C	1.02%
CPA	D	0.96%
SGRY	F	0.95%
IVT	B	0.94%
NSP	D	0.9%
BROS	B	0.9%
NTLA	F	0.86%
AIN	C	0.8%
CAKE	C	0.79%
PSMT	C	0.78%
LAUR	A	0.77%
BHF	B	0.75%
FHB	A	0.74%
ALTR	B	0.74%
SXT	B	0.73%
DK	C	0.72%
UPWK	B	0.71%
WD	D	0.71%
STEP	B	0.69%
GSAT	C	0.66%
TRIP	F	0.64%
AUR	C	0.62%
WAFD	B	0.62%
BOX	B	0.62%
WK	B	0.57%
CCS	D	0.57%
BFH	B	0.57%
KURA	F	0.56%
FRME	B	0.56%
ALGT	B	0.55%
JBGS	D	0.55%
BANR	B	0.54%
LGIH	D	0.51%
UPST	B	0.5%
PLMR	B	0.5%
TOWN	B	0.49%
IRWD	F	0.49%
TROX	D	0.49%
FLYW	C	0.48%
EFSC	B	0.47%
FROG	C	0.45%
WSBC	A	0.44%
AESI	B	0.44%
PRVA	B	0.43%
NNI	D	0.4%
IDT	B	0.4%
SONO	C	0.38%
LOB	B	0.37%
CSTL	D	0.35%
VERX	B	0.35%
VBTX	B	0.35%
KFRC	D	0.35%
RPD	C	0.34%
CENTA	C	0.33%
UAA	C	0.33%
HTH	B	0.32%
PAR	B	0.31%
RGNX	F	0.29%
VIAV	B	0.29%
ENV	B	0.28%
OXM	D	0.28%
OPEN	D	0.27%
EXPI	C	0.27%
KOP	C	0.27%
BRZE	C	0.27%
DOCN	D	0.26%
OCFC	B	0.26%
USNA	C	0.25%
BZH	B	0.25%
CARG	C	0.25%
CALX	D	0.24%
SPT	C	0.23%
OBK	B	0.22%
VERV	F	0.21%
SPTN	D	0.21%
INFN	C	0.2%
PSCF	A	0.2%
SDGR	C	0.19%
FWRG	C	0.19%
SAGE	F	0.18%
PRA	C	0.17%
CARS	B	0.17%
BY	B	0.17%
ARLO	C	0.17%
ASAN	C	0.17%
LMB	A	0.17%
MBIN	D	0.15%
CERT	F	0.15%
AGS	A	0.14%
FC	F	0.14%
COUR	F	0.13%
VSAT	F	0.12%
UDMY	F	0.12%
GDYN	B	0.12%
HSTM	B	0.11%
ALTG	C	0.1%
BASE	C	0.1%
NABL	F	0.1%
RGP	F	0.1%
HVT	D	0.1%
ZIP	F	0.09%
CHGG	D	0.09%
BIGC	C	0.08%
NEWT	B	0.08%
ENFN	A	0.08%
HCAT	D	0.07%
IRBT	F	0.06%
EB	C	0.06%
SAVE	D	0.05%
HMST	D	0.04%
GPRO	F	0.04%
DOMO	C	0.04%
VRA	F	0.03%
RMAX	C	0.03%

HAPS Underweight 251 Positions Relative to AFSM

Symbol	Grade	Weight
MLI	C	-1.38%
SKYW	B	-1.22%
NHC	C	-1.2%
IDCC	A	-1.17%
SFM	A	-1.0%
CPRX	C	-0.93%
ALKS	B	-0.93%
PFBC	B	-0.87%
CRS	A	-0.87%
DAKT	B	-0.86%
STRL	B	-0.84%
ANF	C	-0.82%
FIX	A	-0.79%
EME	C	-0.79%
MHO	D	-0.78%
JXN	C	-0.78%
CVLT	B	-0.74%
MTG	C	-0.73%
BCC	B	-0.72%
CALM	A	-0.72%
HALO	F	-0.7%
UVE	B	-0.7%
TMHC	B	-0.7%
TBBK	B	-0.7%
SANM	B	-0.67%
CEIX	A	-0.67%
SLVM	B	-0.65%
SLG	B	-0.65%
HSII	B	-0.64%
AROC	B	-0.64%
BMI	B	-0.63%
COOP	B	-0.63%
CRVL	A	-0.62%
HWKN	B	-0.61%
FDP	B	-0.61%
GMED	A	-0.61%
GMS	B	-0.6%
UFPT	B	-0.6%
PLUS	F	-0.59%
NTB	B	-0.58%
PRK	B	-0.58%
EGBN	B	-0.57%
NHI	D	-0.57%
CORT	B	-0.57%
NMIH	D	-0.56%
SUPN	C	-0.56%
BTU	B	-0.55%
TGNA	B	-0.55%
OFG	B	-0.54%
BXC	B	-0.54%
CHCO	B	-0.54%
CVNA	B	-0.53%
BELFB	C	-0.53%
STBA	B	-0.53%
BRBR	A	-0.52%
AMWD	C	-0.52%
HIMS	B	-0.51%
COKE	C	-0.51%
MUSA	A	-0.51%
GEO	B	-0.51%
WT	B	-0.49%
ACT	D	-0.49%
PRDO	B	-0.47%
DFIN	D	-0.46%
CSWI	A	-0.46%
PINC	B	-0.46%
HRB	D	-0.44%
DDS	B	-0.44%
PLAB	C	-0.43%
USLM	A	-0.43%
LNTH	D	-0.43%
WFRD	D	-0.42%
RMR	F	-0.42%
IESC	B	-0.41%
LGND	B	-0.41%
YMAB	F	-0.41%
EVER	F	-0.41%
QTWO	A	-0.4%
ADUS	D	-0.4%
AMR	C	-0.39%
BDC	B	-0.39%
INMD	C	-0.38%
WNC	C	-0.38%
VRNT	C	-0.38%
M	D	-0.37%
RDNT	B	-0.37%
YOU	D	-0.37%
MATX	C	-0.37%
SIG	B	-0.37%
ANIP	F	-0.37%
APOG	B	-0.37%
TILE	B	-0.37%
BPMC	C	-0.36%
LRN	A	-0.36%
HRMY	D	-0.36%
CAL	D	-0.36%
BLBD	D	-0.36%
IIPR	D	-0.36%
HIW	D	-0.35%
CNXN	C	-0.35%
ESNT	D	-0.34%
PDM	D	-0.34%
MTH	D	-0.34%
CMC	B	-0.33%
FBP	B	-0.33%
ATKR	C	-0.33%
PBF	D	-0.32%
LPG	F	-0.32%
ATGE	B	-0.32%
PFS	B	-0.32%
CUZ	B	-0.31%
IBOC	A	-0.31%
SPNS	F	-0.3%
TWI	F	-0.3%
DXC	B	-0.3%
CNK	B	-0.3%
GRBK	D	-0.3%
RXST	F	-0.3%
BHE	B	-0.29%
AKR	B	-0.29%
CRDO	B	-0.29%
DNOW	B	-0.29%
SBRA	C	-0.29%
TCMD	A	-0.29%
ODP	F	-0.29%
ADMA	B	-0.28%
VIRT	B	-0.28%
PHIN	A	-0.28%
ASO	F	-0.28%
HUBG	A	-0.28%
THFF	B	-0.28%
AZZ	B	-0.27%
MEDP	D	-0.27%
AVNS	F	-0.27%
SXC	A	-0.27%
ITCI	C	-0.27%
HCC	B	-0.27%
BNL	D	-0.27%
PSN	D	-0.27%
ABG	B	-0.26%
BKU	A	-0.26%
CCRN	F	-0.26%
PRG	C	-0.26%
VRNS	D	-0.26%
HCI	C	-0.26%
BKH	A	-0.26%
GNK	D	-0.25%
AGX	B	-0.25%
GIII	D	-0.25%
PRM	C	-0.25%
HAE	C	-0.23%
KN	B	-0.23%
VNDA	C	-0.23%
MED	F	-0.23%
NTCT	C	-0.23%
LMAT	A	-0.23%
HLX	B	-0.22%
IMKTA	C	-0.22%
HDSN	F	-0.22%
SMP	B	-0.22%
AMKR	D	-0.21%
NX	C	-0.21%
TMDX	F	-0.21%
VCTR	B	-0.21%
SIGA	F	-0.21%
WABC	B	-0.21%
SBH	C	-0.21%
PK	B	-0.2%
BLFS	C	-0.2%
ENS	D	-0.2%
KRC	C	-0.2%
INSW	F	-0.2%
NUS	D	-0.2%
SGBX	F	-0.19%
DHT	F	-0.19%
ONTO	D	-0.19%
ASGN	F	-0.19%
ASC	F	-0.19%
NSSC	D	-0.19%
UCTT	D	-0.18%
TPC	C	-0.18%
TNC	D	-0.18%
GOGL	F	-0.18%
NAVI	C	-0.18%
HOV	D	-0.17%
TGTX	B	-0.17%
NVST	B	-0.17%
ADNT	F	-0.17%
AXSM	B	-0.17%
BRC	D	-0.16%
KELYA	F	-0.16%
XRX	F	-0.16%
SD	D	-0.16%
HY	D	-0.16%
HROW	D	-0.16%
VSH	D	-0.16%
SCVL	F	-0.15%
GES	F	-0.15%
STNG	F	-0.15%
AIT	A	-0.14%
NECB	B	-0.14%
METC	C	-0.14%
MRVI	F	-0.14%
AYI	B	-0.14%
EIG	B	-0.13%
TWST	D	-0.13%
CWCO	C	-0.13%
PCRX	C	-0.13%
MOV	C	-0.13%
CECO	A	-0.12%
CLW	F	-0.12%
OSCR	D	-0.11%
CHRD	D	-0.11%
INVA	D	-0.11%
RAMP	C	-0.1%
GFF	A	-0.1%
ASTH	D	-0.1%
SPSC	C	-0.09%
MAX	F	-0.09%
MLKN	D	-0.08%
KRYS	B	-0.08%
KTB	B	-0.08%
ATLO	D	-0.07%
TPH	D	-0.07%
PEBK	B	-0.07%
CTRE	D	-0.07%
FTDR	A	-0.06%
APAM	B	-0.06%
CTS	C	-0.06%
GRND	A	-0.06%
JWN	C	-0.06%
OMI	F	-0.06%
KSS	F	-0.06%
SWX	B	-0.05%
REVG	B	-0.05%
AMPH	D	-0.05%
NSIT	F	-0.05%
HE	C	-0.04%
PHR	F	-0.04%
ETD	C	-0.04%
EOLS	D	-0.04%
ANDE	D	-0.04%
OTTR	C	-0.04%
PGNY	F	-0.03%
JBI	F	-0.03%
VITL	D	-0.03%
SWI	B	-0.03%
EMBC	C	-0.03%
ACLS	F	-0.02%
MAIN	A	-0.0%
EPAC	B	-0.0%