INNO vs. SOXQ ETF Comparison

Comparison of Harbor Disruptive Innovation ETF (INNO) to Invesco PHLX Semiconductor ETF (SOXQ)

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 ^*

* may have additional holdings in another (foreign) market

SOXQ

Invesco PHLX Semiconductor ETF

SOXQ Description

The investment seeks to track the investment results (before fees and expenses) of the PHLX Semiconductor Sector Index ®. The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. Strictly in accordance with its guidelines and mandated procedures, Nasdaq compiles the underlying index, which is a modified market-capitalization weighted index designed to measure the performance of the 30 largest companies listed in the United States that are engaged in the semiconductor business, as determined by the index Provider. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$39.07

Average Daily Volume

406,035

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	INNO	SOXQ
30 Days	8.00%	-3.27%
60 Days	8.03%	-1.16%
90 Days	10.18%	-5.22%
12 Months	29.81%	32.94%

8 Overlapping Holdings

Symbol	Grade	Weight in INNO	Weight in SOXQ	Overlap
AMAT	F	0.61%	3.65%	0.61%
AMD	F	1.36%	7.82%	1.36%
LRCX	F	2.42%	3.6%	2.42%
LSCC	D	0.64%	0.57%	0.57%
MTSI	B	0.77%	0.75%	0.75%
NVDA	C	4.35%	15.49%	4.35%
TSM	B	1.33%	4.63%	1.33%
TXN	C	2.3%	3.91%	2.3%

INNO Overweight 60 Positions Relative to SOXQ

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%
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%
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%
ORCL	B	0.81%
PANW	C	0.8%
MNDY	C	0.8%
ZS	C	0.79%
GEV	B	0.67%
SQ	B	0.65%
ROKU	D	0.65%
NU	C	0.63%
DT	C	0.62%
MDB	C	0.62%
PODD	C	0.58%
GLBE	B	0.57%
LLY	F	0.54%
OKTA	C	0.53%
DKNG	B	0.5%
ICLR	D	0.46%
TSLA	B	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 22 Positions Relative to SOXQ

Symbol	Grade	Weight
AVGO	D	-10.59%
MRVL	B	-4.98%
INTC	D	-4.6%
MU	D	-4.32%
ADI	D	-3.8%
QCOM	F	-3.72%
NXPI	D	-3.63%
KLAC	D	-3.18%
ASML	F	-3.08%
MCHP	D	-2.83%
ON	D	-2.34%
MPWR	F	-2.21%
GFS	C	-1.86%
TER	D	-1.37%
ARM	D	-1.36%
COHR	B	-1.29%
ENTG	D	-1.22%
SWKS	F	-1.08%
ONTO	D	-0.65%
QRVO	F	-0.51%
AMKR	D	-0.51%
CRUS	D	-0.43%