MGK vs. INNO ETF Comparison

Comparison of Vanguard Mega Cap Growth ETF (MGK) to Harbor Disruptive Innovation ETF (INNO)

MGK

Vanguard Mega Cap Growth ETF

MGK Description

The investment seeks to track the performance of a benchmark index. The fund employs an indexing investment approach designed to track the performance of the CRSP US Mega Cap Growth Index, which represents the growth companies of the CRSP US Mega Cap Index. The index is a free-float-adjusted, market-capitalization-weighted index designed to measure equity market performance of mega-capitalization growth stocks. It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

Grade (RS Rating)

Last Trade

$317.72

Average Daily Volume

416,145

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

$15.75

Average Daily Volume

9,941

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MGK	INNO
30 Days	3.33%	2.60%
60 Days	7.52%	10.21%
90 Days	-2.54%	-1.03%
12 Months	39.89%	29.99%

22 Overlapping Holdings

Symbol	Grade	Weight in MGK	Weight in INNO	Overlap
AMAT	B	0.84%	0.73%	0.73%
AMD	B	1.18%	1.72%	1.18%
AMZN	C	4.54%	2.85%	2.85%
CDNS	D	0.44%	3.0%	0.44%
CMG	C	0.45%	1.56%	0.45%
CRM	B	1.17%	0.6%	0.6%
CRWD	D	0.38%	0.38%	0.38%
GOOG	B	3.02%	3.31%	3.02%
GOOGL	B	3.67%	1.93%	1.93%
LIN	B	0.65%	2.87%	0.65%
LLY	D	3.8%	0.65%	0.65%
LRCX	D	0.58%	4.13%	0.58%
META	A	4.96%	2.07%	2.07%
MSFT	D	12.68%	2.07%	2.07%
NFLX	B	1.48%	1.02%	1.02%
NOW	C	0.93%	3.93%	0.93%
NVDA	B	11.29%	3.81%	3.81%
PANW	D	0.67%	0.72%	0.67%
SNOW	F	0.26%	0.4%	0.26%
SQ	D	0.21%	0.54%	0.21%
TSLA	C	2.74%	0.4%	0.4%
TXN	C	1.01%	2.46%	1.01%

MGK Overweight 49 Positions Relative to INNO

Symbol	Grade	Weight
AAPL	C	13.52%
V	C	2.06%
MA	A	1.92%
COST	C	1.9%
ADBE	F	1.3%
MCD	A	1.07%
ISRG	C	0.93%
SPGI	B	0.88%
INTU	F	0.88%
DIS	D	0.85%
UBER	C	0.78%
TJX	D	0.73%
BKNG	C	0.72%
VRTX	D	0.7%
BSX	A	0.67%
ACN	B	0.63%
SBUX	C	0.62%
KLAC	B	0.62%
AMT	C	0.61%
TMUS	A	0.6%
BA	F	0.59%
NKE	D	0.56%
ANET	A	0.54%
SHW	C	0.53%
MCO	D	0.49%
EQIX	C	0.49%
SNPS	F	0.47%
ZTS	C	0.46%
ORLY	A	0.44%
ECL	B	0.42%
WDAY	D	0.4%
SYK	C	0.4%
ADP	A	0.39%
ADSK	C	0.39%
BX	C	0.38%
MAR	B	0.36%
ROST	D	0.35%
ABNB	D	0.31%
AON	B	0.31%
MRVL	B	0.29%
EW	F	0.29%
MNST	D	0.27%
FTNT	B	0.26%
SLB	D	0.26%
HLT	B	0.26%
AZO	D	0.26%
PAYX	A	0.23%
EL	D	0.18%
LULU	D	0.17%

MGK Underweight 45 Positions Relative to INNO

Symbol	Grade	Weight
MELI	D	-3.36%
PGR	C	-3.1%
DHR	D	-2.99%
SHOP	C	-2.87%
URI	C	-2.81%
DASH	B	-2.47%
IOT	C	-2.21%
ASND	C	-1.99%
TEAM	D	-1.55%
TOST	B	-1.44%
CGNX	F	-1.27%
NET	D	-1.12%
PCOR	D	-1.09%
DDOG	C	-1.09%
SAP	C	-0.89%
HUBS	D	-0.89%
MNDY	B	-0.86%
MEDP	F	-0.85%
GTLS	F	-0.84%
SE	B	-0.81%
S	D	-0.78%
LSCC	D	-0.72%
MTSI	C	-0.72%
ICLR	D	-0.71%
ZS	F	-0.69%
MRNA	F	-0.67%
BSY	D	-0.65%
DT	B	-0.64%
ROKU	B	-0.63%
NU	D	-0.61%
MDB	D	-0.61%
TSM	B	-0.58%
GEV	A	-0.57%
PODD	C	-0.56%
OKTA	F	-0.54%
DKNG	D	-0.52%
LEGN	F	-0.51%
HUBB	B	-0.45%
RCKT	F	-0.43%
GLBE	C	-0.37%
SAIA	D	-0.37%
TDG	B	-0.36%
PCVX	C	-0.32%
DXCM	F	-0.31%
BCYC	D	-0.17%