RND vs. INNO ETF Comparison

Comparison of First Trust Bloomberg R&D Leaders ETF (RND) to Harbor Disruptive Innovation ETF (INNO)

RND

First Trust Bloomberg R&D Leaders ETF

RND Description

Under normal market conditions, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in the securities that comprise the index. According to the index provider, the index is designed to track the performance of companies that seek to return implicit value to shareholders by reinvesting in their own growth. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$24.24

Average Daily Volume

1,089

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

$17.23

Average Daily Volume

29,808

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	RND	INNO
30 Days	4.00%	8.00%
60 Days	4.69%	8.03%
90 Days	6.80%	10.18%
12 Months		29.81%

18 Overlapping Holdings

Symbol	Grade	Weight in RND	Weight in INNO	Overlap
AMAT	F	0.61%	0.61%	0.61%
AMD	F	0.96%	1.36%	0.96%
AMZN	C	8.36%	2.97%	2.97%
CDNS	B	0.34%	3.13%	0.34%
CRWD	B	0.33%	0.45%	0.33%
DASH	A	0.83%	2.82%	0.83%
GOOGL	C	8.17%	1.96%	1.96%
LLY	F	3.18%	0.54%	0.54%
LRCX	F	0.39%	2.42%	0.39%
META	D	3.75%	2.01%	2.01%
MSFT	F	7.47%	1.92%	1.92%
NFLX	A	4.63%	1.14%	1.14%
NOW	A	0.88%	3.73%	0.88%
NVDA	C	8.92%	4.35%	4.35%
ORCL	B	1.27%	0.81%	0.81%
PANW	C	0.53%	0.8%	0.53%
TSLA	B	5.0%	0.46%	0.46%
TXN	C	0.8%	2.3%	0.8%

RND Overweight 31 Positions Relative to INNO

Symbol	Grade	Weight
AAPL	C	7.56%
AVGO	D	3.71%
ISRG	A	2.79%
CAT	B	2.77%
BKNG	A	2.51%
ETN	A	2.12%
UBER	D	2.06%
BSX	B	1.97%
VRTX	F	1.77%
GILD	C	1.63%
DE	A	1.54%
BA	F	1.31%
REGN	F	1.21%
ZTS	D	1.1%
ADBE	C	0.94%
CARR	D	0.92%
CSCO	B	0.9%
INTU	C	0.79%
TTD	B	0.77%
CMI	A	0.73%
MSCI	C	0.67%
KVUE	A	0.67%
MU	D	0.46%
ANET	C	0.39%
MSI	B	0.35%
SNPS	B	0.35%
MRVL	B	0.33%
ADSK	A	0.28%
FTNT	C	0.25%
NXPI	D	0.24%
WDAY	B	0.23%

RND Underweight 50 Positions Relative to INNO

Symbol	Grade	Weight
SHOP	B	-3.91%
GOOG	C	-3.38%
FI	A	-2.94%
MELI	D	-2.85%
PGR	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%
ASND	D	-1.55%
CMG	B	-1.51%
DDOG	A	-1.38%
TSM	B	-1.33%
PCOR	B	-1.2%
CGNX	C	-1.2%
NET	B	-1.17%
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%
MNDY	C	-0.8%
ZS	C	-0.79%
MTSI	B	-0.77%
GEV	B	-0.67%
SQ	B	-0.65%
ROKU	D	-0.65%
LSCC	D	-0.64%
NU	C	-0.63%
DT	C	-0.62%
MDB	C	-0.62%
PODD	C	-0.58%
GLBE	B	-0.57%
OKTA	C	-0.53%
DKNG	B	-0.5%
ICLR	D	-0.46%
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%

RND: Top Represented Industries & Keywords

Industries: Software - Application Semiconductors Software - Infrastructure Biotechnology Communication Equipment Drug Manufacturers - Major Farm & Construction Equipment Internet Content & Information Semiconductor Equipment & Materials Aerospace & Defense Auto Manufacturers Building Products & Equipment Capital Markets Computer Systems Consumer Electronics Diversified Industrials Drug Manufacturers - Specialty & Generic Household & Personal Products Internet Content & Information Media - Diversified