HAPS vs. FPRO ETF Comparison

Comparison of Harbor Corporate Culture Small Cap ETF (HAPS) to Fidelity Real Estate Investment ETF (FPRO)

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

$26.49

Average Daily Volume

3,174

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FPRO

Fidelity Real Estate Investment ETF

FPRO Description

The investment seeks above-average income and long-term capital growth, consistent with reasonable investment risk. The fund is an actively managed ETF that operates pursuant to an exemptive order from the Securities and Exchange Commission (Order) and is not required to publicly disclose its complete portfolio holdings each business day. The fund normally invests at least 80% of assets in securities of companies principally engaged in the real estate industry and other real estate related investments. It invests in domestic and foreign issuers. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$20.80

Average Daily Volume

1,640

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	HAPS	FPRO
30 Days	-2.79%	1.50%
60 Days	-2.02%	5.17%
90 Days	-3.04%	1.59%
12 Months	5.24%	0.78%

1 Overlapping Holdings

	Symbol	Grade	Weight in HAPS	Weight in FPRO	Overlap
	PECO	C	1.98%	1.0%	1.0%

HAPS Overweight 9 Positions Relative to FPRO

Symbol	Grade	Weight
BPMC	A	2.07%
AVT	D	2.02%
AWI	D	2.02%
MOG.A	C	1.9%
CBT	D	1.86%
APLE	D	1.71%
KOS	F	1.69%
LOPE	C	1.58%
LBRT	D	1.54%

HAPS Underweight 38 Positions Relative to FPRO

Symbol	Grade	Weight
PLD	C	-10.56%
AMT	B	-8.06%
EQIX	C	-6.87%
VTR	A	-6.36%
PSA	B	-5.31%
DLR	B	-3.96%
KIM	B	-3.73%
NNN	B	-3.58%
CUBE	B	-3.49%
CBRE	C	-3.39%
UDR	B	-3.33%
MAA	C	-3.15%
SUI	C	-3.14%
CCI	D	-3.05%
WELL	A	-2.76%
EQR	B	-2.7%
IRM	B	-2.3%
AMH	A	-2.1%
EXR	B	-1.79%
SBAC	F	-1.56%
COLD	C	-1.5%
INVH	A	-1.46%
LAMR	B	-1.4%
UE	B	-1.3%
DRH	D	-1.3%
SITC	B	-1.14%
REG	B	-1.13%
WY	F	-1.08%
STAG	B	-0.96%
FCPT	B	-0.8%
CPT	B	-0.77%
TRNO	B	-0.72%
RHP	D	-0.68%
SKT	D	-0.64%
COMP	C	-0.55%
ELS	C	-0.52%
O	C	-0.33%
GLPI	B	-0.13%