PAVE vs. INNO ETF Comparison

Comparison of Global X U.S. Infrastructure Development ETF (PAVE) to Harbor Disruptive Innovation ETF (INNO)

PAVE

Global X U.S. Infrastructure Development ETF

PAVE Description

The Global X U.S. Infrastructure Development ETF (PAVE) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the INDXX U.S. Infrastructure Development Index.

Grade (RS Rating)

Last Trade

$43.81

Average Daily Volume

1,149,447

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

$16.54

Average Daily Volume

29,538

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PAVE	INNO
30 Days	3.42%	2.51%
60 Days	12.07%	6.33%
90 Days	15.05%	7.08%
12 Months	41.96%	26.95%

1 Overlapping Holdings

	Symbol	Grade	Weight in PAVE	Weight in INNO	Overlap
	URI	B	3.41%	2.87%	2.87%

PAVE Overweight 97 Positions Relative to INNO

Symbol	Grade	Weight
TT	A	3.57%
ETN	A	3.39%
PH	A	3.36%
PWR	A	3.19%
HWM	A	3.14%
EMR	A	3.03%
SRE	A	2.86%
MLM	B	2.82%
FAST	B	2.73%
VMC	B	2.65%
NSC	B	2.56%
DE	D	2.42%
CSX	B	2.33%
UNP	D	2.28%
NUE	D	2.14%
ROK	A	2.08%
FTV	D	1.78%
HUBB	B	1.72%
STLD	B	1.64%
EME	B	1.63%
BLDR	D	1.51%
CSL	B	1.49%
RS	B	1.26%
J	D	1.25%
TRMB	A	1.23%
WLK	F	1.2%
RPM	A	1.18%
IEX	B	1.18%
PNR	A	1.16%
ACM	B	1.03%
GGG	A	1.01%
POWL	C	0.98%
TPC	C	0.89%
TTEK	D	0.86%
WMS	F	0.85%
LECO	C	0.85%
BLD	F	0.81%
RRX	B	0.81%
AGX	B	0.8%
MTZ	B	0.76%
EXP	B	0.74%
WCC	A	0.73%
MLI	B	0.73%
WWD	B	0.73%
USLM	A	0.69%
CR	A	0.68%
AYI	A	0.68%
X	D	0.64%
RBC	A	0.63%
CRS	A	0.59%
AA	A	0.56%
STRL	B	0.55%
PRIM	A	0.55%
LPX	A	0.54%
DXPE	A	0.51%
ATI	D	0.5%
ROAD	B	0.5%
VMI	B	0.49%
GVA	A	0.48%
CMC	B	0.48%
CLF	F	0.46%
ZWS	B	0.46%
CSWI	B	0.45%
CENX	A	0.45%
BMI	B	0.45%
HRI	B	0.45%
NWPX	A	0.42%
SUM	B	0.41%
MWA	A	0.39%
KNF	B	0.39%
DY	C	0.36%
EXPO	D	0.36%
ACA	B	0.35%
TRN	A	0.33%
DNOW	A	0.32%
GBX	A	0.32%
MRC	B	0.3%
GRC	B	0.29%
MTX	B	0.28%
TEX	D	0.26%
ATKR	C	0.26%
HAYN	A	0.26%
HEES	B	0.26%
MYRG	B	0.24%
ASTE	B	0.24%
MDU	D	0.24%
MTRN	C	0.23%
CXT	D	0.22%
CMCO	C	0.22%
ROCK	C	0.21%
IIIN	C	0.2%
CALX	F	0.18%
CTOS	B	0.18%
MTUS	F	0.18%
RYI	B	0.17%
WNC	C	0.17%
TITN	C	0.13%

PAVE Underweight 67 Positions Relative to INNO

Symbol	Grade	Weight
NVDA	B	-4.44%
NOW	B	-3.67%
GOOG	B	-3.5%
CDNS	B	-3.14%
SHOP	A	-3.09%
AMZN	B	-2.97%
FI	A	-2.93%
PGR	B	-2.82%
DASH	B	-2.79%
MELI	D	-2.71%
LIN	D	-2.62%
LRCX	F	-2.58%
DHR	D	-2.51%
TXN	C	-2.45%
IOT	B	-2.21%
TEAM	A	-2.1%
META	C	-2.08%
GOOGL	B	-2.04%
MSFT	D	-1.93%
TOST	A	-1.65%
ASND	F	-1.59%
CMG	B	-1.48%
AMD	F	-1.47%
TSM	B	-1.43%
DDOG	B	-1.38%
CGNX	D	-1.29%
NET	C	-1.23%
PCOR	B	-1.2%
NFLX	A	-1.09%
GTLS	A	-1.05%
HUBS	A	-1.04%
MNDY	C	-0.95%
SAP	C	-0.88%
MEDP	D	-0.87%
S	B	-0.86%
MTSI	B	-0.85%
CRM	A	-0.85%
ORCL	A	-0.82%
PANW	B	-0.79%
SE	B	-0.77%
ZS	B	-0.75%
LSCC	D	-0.7%
GEV	A	-0.69%
ROKU	D	-0.64%
NU	C	-0.64%
AMAT	F	-0.64%
MDB	C	-0.63%
DT	C	-0.62%
SQ	A	-0.59%
GLBE	B	-0.56%
LLY	F	-0.55%
PODD	A	-0.55%
OKTA	D	-0.53%
ICLR	F	-0.5%
MRNA	F	-0.5%
DKNG	B	-0.47%
SAIA	B	-0.46%
TSLA	B	-0.45%
CRWD	B	-0.44%
LEGN	F	-0.43%
SNOW	C	-0.41%
RCKT	F	-0.39%
TDG	D	-0.35%
CHKP	D	-0.32%
DXCM	C	-0.3%
PCVX	D	-0.28%
BCYC	F	-0.18%