FTXL vs. INNO ETF Comparison

Comparison of First Trust Nasdaq Semiconductor ETF (FTXL) to Harbor Disruptive Innovation ETF (INNO)

FTXL

First Trust Nasdaq Semiconductor ETF

FTXL Description

The First Trust Nasdaq Semiconductor ETF is an exchange-traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield, before the Fund's fees and expenses, of an index called the Nasdaq US Smart Semiconductor Index. The Fund seeks to replicate the holdings and weightings of the Nasdaq US Smart Semiconductor Index so as to generate performance results 95% correlated to that of the Nasdaq US Smart Semiconductor Index.

Grade (RS Rating)

Last Trade

$88.37

Average Daily Volume

29,219

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	FTXL	INNO
30 Days	-3.41%	8.00%
60 Days	-2.76%	8.03%
90 Days	-6.54%	10.18%
12 Months	22.37%	29.81%

7 Overlapping Holdings

Symbol	Grade	Weight in FTXL	Weight in INNO	Overlap
AMAT	F	7.35%	0.61%	0.61%
AMD	F	2.49%	1.36%	1.36%
LRCX	F	3.65%	2.42%	2.42%
LSCC	D	0.59%	0.64%	0.59%
MTSI	B	0.61%	0.77%	0.61%
NVDA	C	9.97%	4.35%	4.35%
TXN	C	4.1%	2.3%	2.3%

FTXL Overweight 24 Positions Relative to INNO

Symbol	Grade	Weight
INTC	D	9.57%
AVGO	D	8.64%
QCOM	F	7.97%
MU	D	4.3%
MRVL	B	4.04%
ADI	D	3.79%
NXPI	D	3.65%
ON	D	3.62%
MCHP	D	3.37%
SWKS	F	3.25%
AMKR	D	3.24%
KLAC	D	3.21%
AVT	C	2.27%
COHR	B	1.85%
TER	D	1.58%
QRVO	F	1.49%
MPWR	F	1.2%
CRUS	D	1.13%
RMBS	C	0.73%
SMTC	B	0.56%
PI	D	0.56%
FORM	D	0.42%
ONTO	D	0.41%
ACLS	F	0.35%

FTXL Underweight 61 Positions Relative to INNO

Symbol	Grade	Weight
SHOP	B	-3.91%
NOW	A	-3.73%
GOOG	C	-3.38%
CDNS	B	-3.13%
AMZN	C	-2.97%
FI	A	-2.94%
MELI	D	-2.85%
PGR	A	-2.82%
DASH	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%
META	D	-2.01%
GOOGL	C	-1.96%
MSFT	F	-1.92%
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%
NFLX	A	-1.14%
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%
ORCL	B	-0.81%
PANW	C	-0.8%
MNDY	C	-0.8%
ZS	C	-0.79%
GEV	B	-0.67%
SQ	B	-0.65%
ROKU	D	-0.65%
NU	C	-0.63%
DT	C	-0.62%
MDB	C	-0.62%
PODD	C	-0.58%
GLBE	B	-0.57%
LLY	F	-0.54%
OKTA	C	-0.53%
DKNG	B	-0.5%
ICLR	D	-0.46%
TSLA	B	-0.46%
CRWD	B	-0.45%
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%