INNO vs. MMLG ETF Comparison
Comparison of Harbor Disruptive Innovation ETF (INNO) to First Trust Multi-Manager Large Growth ETF (MMLG)
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
$16.01
Average Daily Volume
9,924
67
MMLG
First Trust Multi-Manager Large Growth ETF
MMLG Description
The investment seeks to provide long-term capital appreciation. Under normal market conditions, the fund will invest at least 80% of its net assets in equity securities issued by large capitalization companies. Its portfolio will be principally composed of common stocks issued by companies domiciled in the United States, common stocks issued by non-U.S. companies that are principally traded in the United States and ADR. The fund utilizes a multi-manager approach to provide exposure to the large capitalization growth segment of the equity market through the blending of multiple portfolio management teams. It is non-diversified.Grade (RS Rating)
Last Trade
$28.49
Average Daily Volume
17,873
75
Performance
| Period | INNO | MMLG |
|---|---|---|
| 30 Days | 7.19% | 6.20% |
| 60 Days | 14.00% | 14.10% |
| 90 Days | 0.63% | -1.62% |
| 12 Months | 32.52% | 41.04% |
27 Overlapping Holdings
| Symbol | Grade | Weight in INNO | Weight in MMLG | Overlap | |
|---|---|---|---|---|---|
| AMZN | C | 2.85% | 6.41% | 2.85% | |
| CDNS | D | 3.0% | 0.35% | 0.35% | |
| CMG | C | 1.56% | 0.78% | 0.78% | |
| CRM | B | 0.6% | 0.7% | 0.6% | |
| DASH | A | 2.47% | 1.13% | 1.13% | |
| DDOG | B | 1.09% | 1.97% | 1.09% | |
| DXCM | F | 0.31% | 1.26% | 0.31% | |
| GOOG | B | 3.31% | 0.57% | 0.57% | |
| GOOGL | B | 1.93% | 2.91% | 1.93% | |
| IOT | C | 2.21% | 1.35% | 1.35% | |
| LLY | D | 0.65% | 1.88% | 0.65% | |
| LRCX | D | 4.13% | 0.76% | 0.76% | |
| META | A | 2.07% | 4.69% | 2.07% | |
| MSFT | D | 2.07% | 7.95% | 2.07% | |
| NET | D | 1.12% | 0.49% | 0.49% | |
| NFLX | A | 1.02% | 2.36% | 1.02% | |
| NOW | B | 3.93% | 4.08% | 3.93% | |
| NU | D | 0.61% | 1.74% | 0.61% | |
| NVDA | B | 3.81% | 9.29% | 3.81% | |
| OKTA | F | 0.54% | 1.1% | 0.54% | |
| SE | B | 0.81% | 1.87% | 0.81% | |
| SHOP | B | 2.87% | 2.19% | 2.19% | |
| SNOW | F | 0.4% | 0.6% | 0.4% | |
| SQ | D | 0.54% | 1.42% | 0.54% | |
| TEAM | D | 1.55% | 1.53% | 1.53% | |
| TSLA | C | 0.4% | 0.4% | 0.4% | |
| TXN | C | 2.46% | 0.59% | 0.59% |
INNO Overweight 40 Positions Relative to MMLG
| Symbol | Grade | Weight | |
|---|---|---|---|
| MELI | D | 3.36% | |
| PGR | B | 3.1% | |
| DHR | D | 2.99% | |
| LIN | C | 2.87% | |
| URI | C | 2.81% | |
| ASND | C | 1.99% | |
| AMD | C | 1.72% | |
| TOST | B | 1.44% | |
| CGNX | F | 1.27% | |
| PCOR | D | 1.09% | |
| SAP | C | 0.89% | |
| HUBS | D | 0.89% | |
| MNDY | B | 0.86% | |
| MEDP | F | 0.85% | |
| GTLS | D | 0.84% | |
| S | C | 0.78% | |
| AMAT | C | 0.73% | |
| PANW | B | 0.72% | |
| LSCC | D | 0.72% | |
| MTSI | B | 0.72% | |
| ICLR | F | 0.71% | |
| ZS | F | 0.69% | |
| MRNA | F | 0.67% | |
| BSY | D | 0.65% | |
| DT | B | 0.64% | |
| ROKU | C | 0.63% | |
| MDB | D | 0.61% | |
| TSM | B | 0.58% | |
| GEV | A | 0.57% | |
| PODD | C | 0.56% | |
| DKNG | C | 0.52% | |
| LEGN | F | 0.51% | |
| HUBB | A | 0.45% | |
| RCKT | F | 0.43% | |
| CRWD | D | 0.38% | |
| GLBE | C | 0.37% | |
| SAIA | D | 0.37% | |
| TDG | A | 0.36% | |
| PCVX | C | 0.32% | |
| BCYC | D | 0.17% |
INNO Underweight 48 Positions Relative to MMLG
| Symbol | Grade | Weight | |
|---|---|---|---|
| AAPL | C | -4.58% | |
| AVGO | B | -2.12% | |
| ASML | F | -1.97% | |
| MA | A | -1.49% | |
| UBER | C | -1.48% | |
| ENTG | D | -1.35% | |
| RARE | D | -1.22% | |
| SPOT | C | -1.19% | |
| EW | F | -1.15% | |
| ICE | A | -1.11% | |
| V | B | -1.08% | |
| MRK | F | -0.96% | |
| FND | C | -0.94% | |
| UNH | B | -0.77% | |
| KLAC | B | -0.73% | |
| RBLX | D | -0.72% | |
| ACN | B | -0.65% | |
| ORLY | A | -0.64% | |
| ADBE | F | -0.64% | |
| APH | D | -0.64% | |
| MSI | A | -0.63% | |
| TJX | D | -0.62% | |
| SHW | C | -0.56% | |
| INTU | F | -0.55% | |
| EL | D | -0.49% | |
| DE | C | -0.49% | |
| RSG | D | -0.48% | |
| CDW | D | -0.47% | |
| AXP | A | -0.47% | |
| LYV | A | -0.46% | |
| TMO | D | -0.44% | |
| STZ | D | -0.44% | |
| IR | A | -0.44% | |
| BSX | A | -0.43% | |
| ACGL | A | -0.43% | |
| NKE | D | -0.41% | |
| WDAY | D | -0.41% | |
| CB | A | -0.39% | |
| RTX | A | -0.39% | |
| KKR | A | -0.35% | |
| MNST | D | -0.34% | |
| EQIX | C | -0.34% | |
| ABNB | D | -0.33% | |
| ROP | D | -0.32% | |
| ABT | C | -0.32% | |
| VEEV | C | -0.3% | |
| VST | A | -0.28% | |
| FANG | D | -0.2% |
INNO: Top Represented Industries & Keywords
MMLG: Top Represented Industries & Keywords
Compare ETFs
