ALAI vs. HAPI ETF Comparison

Comparison of Alger AI Enablers & Adopters ETF (ALAI) to Harbor Corporate Culture ETF (HAPI)
ALAI

Alger AI Enablers & Adopters ETF

ALAI Description

ALAI focuses on equity securities of firms benefiting from artificial intelligence (AI), targeting both AI Enablersthose developing components for and investing in AI infrastructureand AI Adoptersthose integrating AI to enhance their operations. The fund manager employs fundamental research to select securities, considering factors like revenue, resources devoted to AI, and market share estimates. This process assesses a firms involvement with AI and its potential impact on stock performance in the next one to three years. Additionally, ALAI actively seeks companies experiencing Positive Dynamic Change, or those demonstrating high unit volume growth or significant lifecycle shifts. Investments span all market capitalizations, with at least 25% in AI-related industries like technology, retail, and media. The fund may also include foreign securities and hold cash or equivalents during market volatility or when awaiting investment opportunities. ALAI aims to identify firms at the forefront of AI adoption, striving for sustainable long-term growth.

Grade (RS Rating)

Last Trade

$26.10

Average Daily Volume

10,268

Number of Holdings *

41

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

Harbor Corporate Culture ETF

HAPI Description The fund invests at least 80% of its total assets in securities that are included in the index. The index consists of a modified market capitalization-weighted portfolio of equity securities of approximately 150 U.S. companies identified by Irrational Capital LLC ("Irrational Capital") as those the advisor believes to possess strong corporate culture based on its proprietary scoring methodology.

Grade (RS Rating)

Last Trade

$36.20

Average Daily Volume

5,644

Number of Holdings *

151

* may have additional holdings in another (foreign) market
Performance
Period ALAI HAPI
30 Days 9.25% 2.60%
60 Days 13.38% 4.98%
90 Days 18.43% 6.65%
12 Months 35.11%
20 Overlapping Holdings
Symbol Grade Weight in ALAI Weight in HAPI Overlap
AAPL C 11.09% 5.25% 5.25%
ADBE C 1.2% 0.74% 0.74%
AMD F 1.01% 0.67% 0.67%
AMZN C 8.81% 5.0% 5.0%
CDNS B 0.56% 0.24% 0.24%
EQIX A 1.34% 0.46% 0.46%
GOOG C 2.33% 2.81% 2.33%
HUBS A 0.2% 0.1% 0.1%
ISRG A 1.4% 1.01% 1.01%
JPM A 0.22% 3.99% 0.22%
MELI D 1.45% 0.76% 0.76%
META D 6.72% 3.22% 3.22%
MRVL B 0.48% 0.24% 0.24%
MSFT F 11.86% 4.3% 4.3%
NFLX A 1.34% 1.14% 1.14%
NOW A 0.68% 0.63% 0.63%
NVDA C 10.98% 8.04% 8.04%
PWR A 0.28% 0.26% 0.26%
SPOT B 1.0% 0.17% 0.17%
TTD B 0.43% 0.15% 0.15%
ALAI Overweight 21 Positions Relative to HAPI
Symbol Grade Weight
APP B 4.79%
AVGO D 4.14%
SPGI C 2.88%
TSM B 2.57%
VRT B 2.18%
DKNG B 1.77%
CEG D 1.69%
UNH C 1.42%
NRG B 1.02%
MU D 0.88%
ASML F 0.81%
SE B 0.8%
PINS D 0.79%
NTRA B 0.74%
TSLA B 0.63%
DELL C 0.58%
UBER D 0.47%
DLR B 0.45%
WMT A 0.31%
NEE D 0.27%
SHOP B 0.24%
ALAI Underweight 131 Positions Relative to HAPI
Symbol Grade Weight
GOOGL C -3.2%
LLY F -2.89%
MA C -2.54%
JNJ D -2.09%
CVX A -2.07%
BAC A -1.88%
XLC A -1.59%
PG A -1.56%
BKNG A -1.52%
BSX B -1.15%
CAT B -1.13%
GE D -1.05%
MS A -1.02%
HON B -0.95%
CRM B -0.94%
KO D -0.93%
AXP A -0.91%
AMGN D -0.89%
BLK C -0.87%
PEP F -0.84%
LMT D -0.83%
PFE D -0.77%
AMAT F -0.76%
CSCO B -0.75%
BX A -0.71%
MAR B -0.68%
DE A -0.67%
GILD C -0.65%
SO D -0.64%
TXN C -0.61%
FCX D -0.61%
DUK C -0.6%
IBM C -0.6%
HLT A -0.58%
INTU C -0.57%
WMB A -0.56%
PLD D -0.56%
QCOM F -0.56%
KKR A -0.5%
ABNB C -0.49%
GEV B -0.48%
ZTS D -0.46%
NOC D -0.45%
CME A -0.44%
GWW B -0.41%
ADP B -0.39%
SLB C -0.38%
MO A -0.38%
BDX F -0.36%
MDLZ F -0.35%
PANW C -0.34%
TRV B -0.33%
NKE D -0.33%
INTC D -0.32%
LULU C -0.31%
URI B -0.31%
SPG B -0.31%
CTVA C -0.31%
CL D -0.3%
CMI A -0.29%
DOW F -0.29%
DD D -0.29%
EBAY D -0.29%
LHX C -0.28%
OXY D -0.27%
ANET C -0.27%
EXPE B -0.26%
BKR B -0.26%
EXC C -0.26%
KLAC D -0.25%
SNPS B -0.24%
ED D -0.23%
DAL C -0.23%
EIX B -0.22%
CRWD B -0.21%
EW C -0.21%
EXR D -0.2%
ADSK A -0.2%
RMD C -0.2%
STLD B -0.2%
A D -0.2%
BLDR D -0.19%
ACGL D -0.19%
HIG B -0.19%
KMB D -0.18%
FTNT C -0.18%
FICO B -0.17%
ALNY D -0.17%
F C -0.16%
AEE A -0.16%
NDAQ A -0.16%
DTE C -0.16%
WDAY B -0.16%
GEHC F -0.15%
GIS D -0.15%
SYF B -0.15%
MSCI C -0.15%
BRO B -0.14%
SBAC D -0.14%
STZ D -0.14%
IT C -0.13%
CINF A -0.13%
TEAM A -0.13%
HPQ B -0.12%
PFG D -0.12%
CBOE B -0.12%
ARES A -0.12%
BAH F -0.11%
PHM D -0.11%
ESS B -0.11%
LII A -0.11%
LUV C -0.1%
BR A -0.09%
HPE B -0.09%
ANSS B -0.09%
ROK B -0.09%
NTAP C -0.08%
BG F -0.08%
MOH F -0.08%
RBLX C -0.07%
DOC D -0.07%
CPT B -0.07%
ZBRA B -0.06%
FDS B -0.06%
BMRN D -0.06%
TRMB B -0.05%
TER D -0.05%
MDB C -0.05%
J F -0.05%
EPAM C -0.04%
BSY D -0.03%
Compare ETFs