INNO vs. GRID ETF Comparison

Comparison of Harbor Disruptive Innovation ETF (INNO) to First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID)
INNO

Harbor Disruptive Innovation ETF

INNO Description

INNO invests in stocks of any size with growth potential linked to disruptive innovation. The fund aims to achieve enhanced risk-adjusted investment outcome by utilizing an active multi-manager approach in which the advisor allocates assets among subadvisors. Each subadvisor represents a strategy that targets associated disruptive companies in technology, advanced therapies, analog-to-digital transition, structural changes and secular trends, and products or services with large demand. The advisor determines and adjusts allocations based on qualitative and quantitative assessments of each strategy, as well as in combination. The fund may invest up to 25% in foreign markets, including developing countries. INNO utilizes the same investment strategy and portfolio management team as its mutual fund counterpart, Harbor Disruptive Innovation Fund.

Grade (RS Rating)

Last Trade

$17.23

Average Daily Volume

29,808

Number of Holdings *

68

* may have additional holdings in another (foreign) market
GRID

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund

GRID Description The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the NASDAQ OMX(R) Clean Edge(R) Smart Grid Infrastructure Index(SM). The fund normally invests at least 90% of assets in common stocks that comprise the index or in depositary receipts representing securities in the index. The index is designed to act as a transparent and liquid benchmark for the grid and electric energy infrastructure sector. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$125.46

Average Daily Volume

118,376

Number of Holdings *

44

* may have additional holdings in another (foreign) market
Performance
Period INNO GRID
30 Days 8.00% 1.39%
60 Days 8.03% -0.51%
90 Days 10.18% 3.22%
12 Months 29.81% 32.01%
5 Overlapping Holdings
Symbol Grade Weight in INNO Weight in GRID Overlap
GEV B 0.67% 0.61% 0.61%
NVDA C 4.35% 2.42% 2.42%
ORCL B 0.81% 2.21% 0.81%
TSLA B 0.46% 2.86% 0.46%
TXN C 2.3% 1.31% 1.31%
INNO Overweight 63 Positions Relative to GRID
Symbol Grade Weight
SHOP B 3.91%
NOW A 3.73%
GOOG C 3.38%
CDNS B 3.13%
AMZN C 2.97%
FI A 2.94%
MELI D 2.85%
PGR A 2.82%
DASH A 2.82%
URI B 2.81%
LIN D 2.53%
LRCX F 2.42%
DHR F 2.42%
TEAM A 2.23%
IOT A 2.16%
TOST B 2.03%
META D 2.01%
GOOGL C 1.96%
MSFT F 1.92%
ASND D 1.55%
CMG B 1.51%
DDOG A 1.38%
AMD F 1.36%
TSM B 1.33%
PCOR B 1.2%
CGNX C 1.2%
NET B 1.17%
NFLX A 1.14%
HUBS A 1.11%
GTLS B 1.09%
CRM B 0.9%
S B 0.84%
SAP B 0.84%
SE B 0.83%
MEDP D 0.82%
PANW C 0.8%
MNDY C 0.8%
ZS C 0.79%
MTSI B 0.77%
SQ B 0.65%
ROKU D 0.65%
LSCC D 0.64%
NU C 0.63%
DT C 0.62%
MDB C 0.62%
AMAT F 0.61%
PODD C 0.58%
GLBE B 0.57%
LLY F 0.54%
OKTA C 0.53%
DKNG B 0.5%
ICLR D 0.46%
CRWD B 0.45%
SAIA B 0.45%
SNOW C 0.43%
LEGN F 0.41%
MRNA F 0.39%
TDG D 0.33%
RCKT F 0.33%
DXCM D 0.32%
CHKP D 0.32%
PCVX D 0.25%
BCYC F 0.16%
INNO Underweight 39 Positions Relative to GRID
Symbol Grade Weight
ETN A -9.28%
JCI C -9.12%
ABBV D -7.75%
PWR A -4.63%
HUBB B -4.04%
APTV D -2.07%
NVT B -1.81%
CSCO B -1.62%
ENPH F -1.37%
IBM C -1.34%
QCOM F -1.27%
HON B -1.11%
ITRI B -0.77%
ADI D -0.74%
AEIS B -0.56%
EMR A -0.55%
ATKR C -0.52%
NXPI D -0.36%
MYRG B -0.33%
FLNC C -0.19%
AMSC B -0.18%
TRMB B -0.12%
SEDG F -0.11%
WLDN D -0.1%
GNRC B -0.08%
AES F -0.06%
MTZ B -0.06%
PLPC B -0.06%
WCC B -0.06%
VMI B -0.05%
LFUS F -0.04%
ENS D -0.03%
BDC B -0.03%
ACA A -0.03%
ESE B -0.02%
DGII B -0.01%
AZZ B -0.01%
STM F -0.01%
EBR F -0.0%
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