HAPY vs. USMV ETF Comparison

Comparison of Harbor Corporate Culture Leaders ETF (HAPY) to iShares MSCI USA Minimum Volatility ETF (USMV)

HAPY

Harbor Corporate Culture Leaders ETF

HAPY Description

Harbor Corporate Culture Leaders ETF is an exchange traded fund launched and managed by Harbor Capital Advisors, Inc. The fund invests in public equity markets of the United States. It invests in stocks of companies operating across diversified sectors. The fund invests in growth and value stocks of large-cap companies. It seeks to track the performance of the Human Capital Factor Unconstrained Index, by using full replication technique. Harbor Corporate Culture Leaders ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$23.50

Average Daily Volume

134

Number of Holdings ^*

* may have additional holdings in another (foreign) market

USMV

iShares MSCI USA Minimum Volatility ETF

USMV Description

The investment seeks the investment results of an index composed of U.S. equities that, in the aggregate, have lower volatility characteristics relative to the broader U.S. equity market. The fund generally invests at least 90% of its assets in securities of the underlying index or in depositary receipts representing securities in the underlying index. The underlying index follows a rules-based methodology to determine weights for securities in the index that seeks to minimize total risk of the MSCI USA Index. Components primarily include consumer staples, healthcare and information technology companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$91.28

Average Daily Volume

2,252,906

Number of Holdings ^*

170

* may have additional holdings in another (foreign) market

Performance

Period	HAPY	USMV
30 Days	3.75%	1.97%
60 Days	4.47%	6.57%
90 Days	7.71%	8.42%
12 Months	26.42%	23.92%

18 Overlapping Holdings

Symbol	Grade	Weight in HAPY	Weight in USMV	Overlap
AAPL	C	1.3%	0.97%	0.97%
ACGL	C	1.42%	0.8%	0.8%
AEE	C	1.33%	0.22%	0.22%
CBOE	C	1.34%	0.87%	0.87%
CDNS	D	1.29%	0.16%	0.16%
CL	D	1.35%	0.47%	0.47%
CME	C	1.36%	0.51%	0.51%
JNPR	B	1.29%	0.49%	0.49%
LMT	C	1.31%	0.88%	0.88%
MA	B	1.39%	0.67%	0.67%
MRK	D	1.32%	1.22%	1.22%
MSFT	C	1.33%	1.38%	1.33%
NOW	B	1.4%	0.65%	0.65%
NVDA	D	1.32%	0.54%	0.54%
OXY	F	1.16%	0.13%	0.13%
SO	B	1.31%	1.37%	1.31%
TRV	C	1.42%	1.05%	1.05%
TXN	C	1.3%	1.38%	1.3%

HAPY Overweight 57 Positions Relative to USMV

Symbol	Grade	Weight
MDB	D	1.57%
GWRE	A	1.51%
IOT	B	1.5%
DAL	C	1.48%
PHM	B	1.44%
DE	B	1.43%
CIEN	C	1.42%
NSA	B	1.42%
DAY	D	1.41%
ADBE	F	1.41%
SLAB	D	1.41%
FDS	C	1.41%
LULU	D	1.4%
DBX	D	1.4%
EXC	C	1.39%
BKNG	C	1.39%
LAMR	B	1.39%
AMD	D	1.39%
ALLE	B	1.38%
SMAR	C	1.38%
EXR	B	1.38%
SSB	B	1.38%
PLD	C	1.37%
ADSK	C	1.37%
TRMB	C	1.36%
NDAQ	A	1.36%
GEHC	C	1.36%
PNFP	B	1.36%
GGG	C	1.33%
PCOR	F	1.33%
TER	D	1.33%
CPT	B	1.33%
DOC	C	1.33%
INTU	C	1.32%
RLI	B	1.32%
CMI	C	1.32%
MSCI	C	1.31%
LHX	C	1.31%
ETSY	F	1.3%
SYF	C	1.3%
DLB	D	1.3%
EVR	A	1.29%
CFR	C	1.29%
EWBC	D	1.29%
MMS	C	1.28%
SPSC	D	1.27%
S	C	1.27%
INTC	F	1.26%
GOOGL	D	1.26%
DV	F	1.24%
STLD	F	1.24%
SRPT	D	1.23%
COP	D	1.22%
CMC	D	1.21%
CABO	F	1.13%
RIG	F	1.06%
PSTG	F	1.04%

HAPY Underweight 152 Positions Relative to USMV

Symbol	Grade	Weight
TMUS	C	-1.7%
IBM	B	-1.7%
PGR	B	-1.68%
WMT	C	-1.66%
MSI	B	-1.64%
LLY	C	-1.58%
DUK	C	-1.55%
WCN	D	-1.55%
NOC	B	-1.52%
RSG	D	-1.52%
CB	B	-1.5%
BRK.A	C	-1.49%
VZ	B	-1.44%
UNH	C	-1.38%
WM	D	-1.37%
ROP	C	-1.31%
CSCO	C	-1.29%
APH	D	-1.29%
AJG	D	-1.29%
ACN	C	-1.28%
JNJ	C	-1.28%
MCD	B	-1.27%
PG	C	-1.26%
ABBV	C	-1.22%
ED	C	-1.22%
AVGO	C	-1.21%
MMC	C	-1.16%
PEP	C	-1.15%
MCK	F	-1.14%
ORCL	C	-1.12%
AZO	D	-0.99%
REGN	C	-0.92%
GILD	B	-0.89%
V	C	-0.83%
K	B	-0.81%
GDDY	C	-0.81%
EA	D	-0.78%
CTSH	C	-0.77%
GIS	B	-0.77%
VRTX	D	-0.75%
WEC	C	-0.75%
FCNCA	D	-0.73%
ELV	C	-0.72%
T	C	-0.71%
KDP	B	-0.71%
AMGN	B	-0.7%
TSN	C	-0.69%
COR	D	-0.66%
VRSN	D	-0.65%
ORLY	C	-0.63%
KR	C	-0.59%
BDX	D	-0.59%
NEM	B	-0.58%
FI	A	-0.57%
MPC	F	-0.56%
KEYS	C	-0.54%
FANG	D	-0.53%
ERIE	B	-0.52%
MDLZ	B	-0.52%
TDY	B	-0.52%
YUM	D	-0.51%
FFIV	B	-0.49%
AON	B	-0.49%
INCY	C	-0.48%
FICO	B	-0.48%
HUM	F	-0.47%
UBER	C	-0.47%
PTC	D	-0.47%
AKAM	D	-0.45%
CDW	D	-0.45%
TJX	B	-0.45%
EG	C	-0.45%
KHC	C	-0.44%
BAH	C	-0.44%
XOM	C	-0.43%
WDAY	D	-0.42%
AEP	C	-0.42%
XEL	B	-0.42%
BMY	C	-0.41%
VRSK	D	-0.4%
CPB	C	-0.39%
CTVA	B	-0.37%
ROL	C	-0.37%
CHD	D	-0.37%
WTW	C	-0.36%
CMCSA	D	-0.36%
HSY	C	-0.35%
AFG	B	-0.34%
IT	B	-0.34%
NBIX	F	-0.33%
MKL	C	-0.32%
GEN	B	-0.32%
WRB	C	-0.3%
CVX	D	-0.3%
BMRN	F	-0.3%
ICE	C	-0.29%
FWONK	C	-0.29%
HD	B	-0.28%
AIZ	B	-0.28%
GLW	C	-0.28%
L	C	-0.27%
GRMN	D	-0.27%
ANET	B	-0.27%
ALNY	C	-0.25%
ADI	C	-0.25%
PFE	C	-0.24%
MOH	D	-0.23%
D	C	-0.23%
CI	C	-0.23%
WMB	B	-0.23%
HON	D	-0.22%
HRL	C	-0.22%
KMB	D	-0.22%
DTE	C	-0.21%
NTAP	D	-0.21%
AZPN	B	-0.21%
MELI	B	-0.2%
CMS	C	-0.2%
HUBS	D	-0.18%
PKG	B	-0.18%
SNPS	D	-0.17%
HOLX	B	-0.17%
STX	C	-0.17%
TW	B	-0.17%
LIN	B	-0.17%
DPZ	F	-0.17%
EOG	D	-0.15%
CRWD	D	-0.14%
MDT	C	-0.14%
GOOG	D	-0.14%
UTHR	C	-0.13%
HIG	B	-0.12%
AMZN	C	-0.12%
KO	C	-0.11%
LNT	B	-0.1%
DELL	D	-0.1%
DGX	B	-0.1%
RTX	C	-0.09%
ABT	C	-0.09%
ADP	B	-0.08%
TEL	D	-0.07%
FSLR	C	-0.07%
PSX	F	-0.06%
GD	B	-0.06%
KNX	C	-0.06%
OTIS	C	-0.06%
ULTA	D	-0.05%
VLO	F	-0.05%
CVS	D	-0.05%
BR	D	-0.05%
ATO	B	-0.05%
CRM	D	-0.04%