SMLL vs. IPAY ETF Comparison

Comparison of Harbor Active Small Cap ETF (SMLL) to ETFMG Prime Mobile Payments ETF (IPAY)
SMLL

Harbor Active Small Cap ETF

SMLL Description

The investment seeks daily investment results, before fees and expenses, of 200% of the daily performance of the Russell 2000® Index. The fund invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments, such as swap agreements, and securities of the index, ETFs that track the index and other financial instruments that provide daily leveraged exposure to the index or ETFs that track the index. The index measures the performance of approximately 2,000 small-cap companies in the Russell 3000® Index, based on a combination of their market capitalization and current index membership. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$21.89

Average Daily Volume

3,538

Number of Holdings *

40

* may have additional holdings in another (foreign) market
IPAY

ETFMG Prime Mobile Payments ETF

IPAY Description The ETFMG Prime Mobile Payments ETF (IPAY®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Prime Mobile Payments Index. The index provides a benchmark for investors interested in tracking the mobile and electronic payments industry, specifically focusing on credit card networks, payment infrastructure and software services, payment processing services, and payment solutions (such as smartcards, prepaid cards, virtual wallets).

Grade (RS Rating)

Last Trade

$59.58

Average Daily Volume

24,339

Number of Holdings *

27

* may have additional holdings in another (foreign) market
Performance
Period SMLL IPAY
30 Days 5.10% 8.06%
60 Days 11.54% 12.53%
90 Days 18.95%
12 Months 45.65%
2 Overlapping Holdings
Symbol Grade Weight in SMLL Weight in IPAY Overlap
FOUR A 3.08% 2.95% 2.95%
QTWO B 1.26% 2.31% 1.26%
SMLL Overweight 38 Positions Relative to IPAY
Symbol Grade Weight
LBRT F 6.17%
KNSL B 4.97%
SSNC C 4.74%
JBI F 4.68%
DOCS B 3.71%
PCTY B 3.66%
RS B 3.43%
ZG A 3.13%
WTFC A 3.01%
LYFT B 2.71%
FRSH C 2.63%
APAM A 2.61%
RLJ C 2.42%
ATR B 2.37%
WRBY A 2.04%
OSCR D 1.95%
LSTR D 1.85%
PLOW D 1.79%
USPH C 1.77%
HAYW A 1.76%
PECO A 1.56%
MC B 1.51%
MCRI A 1.51%
MORN B 1.49%
SAM C 1.32%
NNN C 1.3%
CHWY B 1.26%
WSC F 1.2%
NWE C 1.09%
RBC A 1.08%
BECN A 1.08%
FBIN F 1.07%
RL B 1.06%
EWCZ D 1.01%
TRUE B 0.95%
TMCI C 0.91%
CMS C 0.88%
REYN D 0.74%
SMLL Underweight 25 Positions Relative to IPAY
Symbol Grade Weight
FI A -6.52%
PYPL A -6.25%
V A -5.97%
AXP B -5.95%
MA A -5.77%
TOST A -5.17%
DFS B -5.12%
COIN A -4.87%
CPAY A -4.63%
AFRM A -4.53%
SQ A -4.47%
FIS A -4.3%
GPN B -4.03%
WEX F -3.22%
ACIW B -2.44%
EEFT C -1.98%
STNE F -1.34%
WU F -1.32%
VYX C -0.77%
EVTC C -0.69%
MQ D -0.63%
PAGS F -0.62%
GDOT D -0.32%
DLO C -0.32%
IMXI B -0.29%
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