FDM vs. INNO ETF Comparison

Comparison of First Trust DJ Select MicroCap ETF (FDM) to Harbor Disruptive Innovation ETF (INNO)

FDM

First Trust DJ Select MicroCap ETF

FDM Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Dow Jones Select MicroCap Index(SM) (the "index"). The fund will normally invest at least 80% of its net assets plus the amount of any borrowings for investment purposes in common stocks of U.S. micro-capitalization companies which are publicly traded in the United States. The index is comprised of selected U.S. micro-capitalization companies chosen from all common stocks traded on the NewYork Stock Exchange, the NYSE MKT and NASDAQ(R) with limited partnerships excluded.

Grade (RS Rating)

Last Trade

$63.04

Average Daily Volume

6,820

Number of Holdings ^*

153

* 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

$15.62

Average Daily Volume

2,438

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FDM	INNO
30 Days	6.83%	6.10%
60 Days	3.30%	-4.32%
90 Days	6.95%	1.45%
12 Months	20.14%	20.81%

0 Overlapping Holdings

	Symbol	Grade	Weight in FDM	Weight in INNO	Overlap

FDM Overweight 153 Positions Relative to INNO

Symbol	Grade	Weight
POWL	B	2.45%
SCSC	A	1.98%
CRAI	A	1.9%
ACMR	D	1.77%
VSEC	C	1.63%
CRGY	C	1.61%
GNK	B	1.53%
CGEM	C	1.44%
SXC	D	1.39%
REX	B	1.38%
CLW	B	1.35%
BBSI	B	1.33%
AMBC	A	1.3%
IDT	A	1.25%
DCO	B	1.24%
VVI	D	1.23%
HAYN	D	1.19%
CECO	B	1.17%
UWMC	B	1.1%
ARHS	B	1.1%
MLR	B	1.1%
DXPE	B	1.08%
UVSP	A	1.07%
BELFB	B	1.06%
EGY	C	1.06%
MYE	F	0.98%
OSBC	B	0.95%
MBWM	B	0.94%
PLOW	C	0.93%
WSR	B	0.93%
CFB	C	0.91%
KE	C	0.9%
LEU	C	0.89%
IBCP	B	0.87%
EZPW	D	0.85%
HCKT	F	0.85%
GATO	B	0.84%
ZEUS	F	0.83%
HTBK	C	0.82%
BFST	D	0.8%
LMB	B	0.8%
TTI	F	0.79%
BRY	C	0.77%
CCB	B	0.77%
GSBC	B	0.74%
TITN	F	0.74%
DHIL	C	0.73%
CYH	C	0.73%
CENT	B	0.72%
AMAL	B	0.72%
HTBI	B	0.71%
SD	D	0.7%
LQDT	B	0.7%
CWCO	D	0.69%
DENN	F	0.69%
LYTS	B	0.69%
NPK	B	0.68%
THFF	B	0.66%
RICK	F	0.66%
VYGR	D	0.66%
BHB	B	0.65%
ODC	A	0.65%
VPG	F	0.64%
SMBC	D	0.64%
OSUR	F	0.63%
HVT	F	0.63%
AVNW	F	0.62%
BBW	C	0.61%
ARTNA	B	0.61%
KRNY	F	0.61%
CCBG	C	0.6%
OLP	A	0.6%
OSG	B	0.59%
PAHC	A	0.59%
NBN	B	0.59%
GLRE	A	0.57%
HDSN	F	0.57%
NWPX	A	0.57%
CSV	B	0.56%
LINC	B	0.55%
KODK	D	0.55%
RMR	C	0.55%
GNE	F	0.53%
NEWT	C	0.52%
SPFI	B	0.51%
ESQ	B	0.5%
SIGA	C	0.49%
SPOK	F	0.49%
MOFG	D	0.49%
NRIM	B	0.49%
MCFT	F	0.48%
BSRR	B	0.47%
LOCO	B	0.46%
PANL	B	0.43%
ONEW	F	0.43%
OMER	D	0.42%
SOI	B	0.42%
RM	B	0.42%
FSBC	C	0.42%
BOOM	F	0.41%
JOUT	F	0.4%
HBT	B	0.4%
NECB	B	0.39%
FSBW	C	0.37%
AVD	F	0.37%
WTI	F	0.36%
MVBF	D	0.35%
BCML	B	0.35%
AMPY	D	0.35%
PBPB	F	0.34%
INSE	F	0.34%
IPI	B	0.34%
PKOH	B	0.33%
CVLY	B	0.33%
GENC	A	0.33%
FET	F	0.33%
OBT	B	0.33%
TSBK	D	0.33%
NATH	D	0.31%
AFCG	B	0.31%
RLGT	F	0.28%
MEC	A	0.27%
LEGH	C	0.27%
PLBC	C	0.27%
EPM	F	0.26%
KFS	D	0.25%
OVLY	D	0.25%
HNRG	D	0.24%
CMT	C	0.24%
OCN	C	0.23%
QUAD	D	0.23%
RNGR	F	0.23%
TSQ	C	0.22%
STKS	C	0.22%
MPX	D	0.21%
FF	B	0.21%
EVC	D	0.21%
LSEA	F	0.2%
RCMT	F	0.2%
ATLC	D	0.19%
CMPO	C	0.18%
INTT	F	0.18%
MNSB	F	0.17%
III	F	0.15%
ASRT	D	0.15%
TUSK	F	0.14%
CCRD	C	0.14%
HGBL	F	0.12%
REI	D	0.12%
BGFV	F	0.12%
KLXE	F	0.12%
TZOO	D	0.09%
CMBM	F	0.07%

FDM Underweight 81 Positions Relative to INNO

Symbol	Grade	Weight
LRCX	D	-3.73%
GOOG	B	-3.08%
NOW	D	-2.92%
NVDA	B	-2.72%
PGR	A	-2.65%
MELI	B	-2.45%
DHR	B	-2.44%
AMZN	B	-2.43%
TXN	A	-2.37%
CDNS	D	-2.36%
LIN	D	-2.34%
AMD	D	-2.28%
URI	C	-2.21%
IOT	B	-2.02%
SHOP	F	-1.9%
MSFT	C	-1.82%
GOOGL	B	-1.81%
DASH	D	-1.75%
CRM	D	-1.66%
DXCM	D	-1.65%
ASND	D	-1.59%
RCKT	F	-1.55%
CMG	A	-1.53%
PCOR	D	-1.47%
META	D	-1.34%
NET	F	-1.32%
TOST	B	-1.29%
KRYS	D	-1.24%
AMAT	C	-1.22%
CGNX	B	-1.2%
AUTL	F	-1.17%
MRNA	C	-1.09%
RNA	B	-1.05%
IOVA	D	-1.03%
TMO	B	-1.02%
SNOW	F	-1.01%
HUBS	D	-0.99%
GTLS	C	-0.93%
DDOG	D	-0.93%
LSCC	F	-0.86%
KYMR	D	-0.79%
BCYC	D	-0.78%
CTLT	D	-0.78%
ARVN	F	-0.75%
ICLR	D	-0.75%
RGNX	F	-0.7%
UBER	D	-0.65%
NICE	D	-0.64%
BSY	A	-0.63%
SMAR	D	-0.62%
CCCC	D	-0.62%
ARWR	F	-0.62%
GTLB	F	-0.61%
MDB	F	-0.61%
PANW	B	-0.6%
TEAM	D	-0.6%
LLY	C	-0.5%
DT	D	-0.5%
WDAY	F	-0.46%
MNDY	F	-0.46%
NTLA	F	-0.45%
OKTA	D	-0.43%
SAP	C	-0.42%
ZS	F	-0.41%
S	D	-0.41%
DKNG	D	-0.41%
IDXX	D	-0.4%
LEGN	F	-0.39%
SQ	D	-0.39%
HUBB	C	-0.38%
SE	C	-0.38%
INSP	D	-0.34%
LNTH	B	-0.3%
ALLO	F	-0.28%
REPL	F	-0.28%
PODD	D	-0.27%
RPTX	F	-0.23%
ADAP	D	-0.22%
PCVX	D	-0.18%
QURE	F	-0.18%
FATE	D	-0.09%

INNO: Top Represented Industries & Keywords

Industries: Biotechnology Software - Application Diagnostics & Research Software - Infrastructure Semiconductors Internet Content & Information Medical Devices Semiconductor Equipment & Materials Specialty Retail Drug Manufacturers - Major Drug Manufacturers - Specialty & Generic Electronic Components Electronic Gaming & Multimedia Gambling Insurance - Property & Casualty Internet Content & Information Metal Fabrication Rental & Leasing Services Restaurants Scientific & Technical Instruments