HAPI vs. SMRI ETF Comparison

Comparison of Harbor Corporate Culture ETF (HAPI) to Bushido Capital US Equity ETF (SMRI)

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

$35.25

Average Daily Volume

2,965

Number of Holdings ^*

150

* may have additional holdings in another (foreign) market

SMRI

Bushido Capital US Equity ETF

SMRI Description

The fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of the fund"s net assets (plus the amount of any borrowings for investment purposes) in U.S. listed common stock.

Grade (RS Rating)

Last Trade

$30.99

Average Daily Volume

2,997

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	HAPI	SMRI
30 Days	1.32%	-0.07%
60 Days	8.52%	6.76%
90 Days	13.02%	9.79%
12 Months	37.34%	26.74%

14 Overlapping Holdings

Symbol	Grade	Weight in HAPI	Weight in SMRI	Overlap
ABNB	C	0.51%	2.09%	0.51%
AMGN	D	1.03%	1.93%	1.03%
BG	F	0.08%	1.76%	0.08%
BKNG	A	1.33%	2.15%	1.33%
CVX	B	1.96%	2.01%	1.96%
DAL	A	0.21%	2.49%	0.21%
EPAM	F	0.04%	1.89%	0.04%
EXPE	A	0.23%	2.22%	0.23%
HPE	B	0.09%	2.15%	0.09%
MOH	D	0.08%	1.87%	0.08%
NTAP	D	0.09%	1.94%	0.09%
PHM	D	0.12%	1.82%	0.12%
QCOM	F	0.59%	1.99%	0.59%
SLB	F	0.39%	1.86%	0.39%

HAPI Overweight 136 Positions Relative to SMRI

Symbol	Grade	Weight
NVDA	B	7.91%
AAPL	C	5.38%
AMZN	A	4.68%
MSFT	D	4.34%
JPM	B	3.68%
LLY	F	3.66%
META	B	3.37%
GOOGL	B	2.99%
GOOG	B	2.63%
MA	B	2.52%
JNJ	D	2.24%
BAC	B	1.73%
PG	D	1.58%
XLC	A	1.51%
CAT	B	1.17%
GE	D	1.14%
BSX	B	1.11%
KO	D	1.05%
LMT	D	0.96%
NFLX	A	0.94%
PEP	F	0.93%
AXP	B	0.92%
HON	B	0.92%
ISRG	A	0.91%
MS	B	0.91%
PFE	D	0.91%
CRM	B	0.86%
MELI	C	0.83%
AMAT	F	0.82%
AMD	F	0.75%
CSCO	A	0.74%
ADBE	D	0.74%
FCX	B	0.68%
DE	C	0.68%
SO	C	0.68%
IBM	D	0.68%
BX	B	0.66%
GILD	A	0.65%
DUK	D	0.64%
MAR	B	0.64%
PLD	F	0.61%
TXN	B	0.59%
NOW	A	0.58%
HLT	B	0.56%
INTU	D	0.51%
ZTS	F	0.5%
WMB	A	0.5%
NOC	D	0.49%
EQIX	B	0.46%
KKR	B	0.46%
CME	B	0.44%
GEV	A	0.4%
BDX	D	0.39%
MDLZ	F	0.39%
GWW	A	0.39%
NKE	F	0.38%
ADP	A	0.38%
DOW	F	0.35%
PANW	B	0.34%
TRV	B	0.34%
MO	A	0.34%
CTVA	A	0.33%
CL	D	0.32%
EBAY	D	0.31%
URI	B	0.31%
ANET	B	0.3%
SPG	A	0.3%
DD	C	0.3%
INTC	C	0.29%
OXY	F	0.28%
LHX	B	0.28%
LULU	C	0.28%
KLAC	F	0.27%
EXC	D	0.27%
CMI	A	0.26%
PWR	A	0.25%
ED	D	0.25%
SNPS	C	0.23%
MRVL	A	0.22%
CDNS	B	0.22%
A	C	0.22%
EIX	D	0.22%
BKR	A	0.22%
EW	D	0.21%
ACGL	F	0.21%
ALNY	C	0.21%
STLD	B	0.2%
HIG	D	0.2%
EXR	D	0.2%
RMD	B	0.2%
BLDR	D	0.2%
CRWD	C	0.19%
ADSK	A	0.19%
KMB	D	0.19%
GIS	D	0.17%
DTE	D	0.17%
SBAC	D	0.16%
F	F	0.16%
MSCI	B	0.16%
FTNT	C	0.16%
GEHC	D	0.16%
STZ	F	0.15%
FICO	B	0.15%
NDAQ	A	0.15%
TTD	B	0.15%
AEE	A	0.15%
WDAY	D	0.15%
BRO	A	0.14%
SPOT	B	0.14%
CBOE	B	0.13%
ARES	B	0.13%
PFG	D	0.13%
SYF	A	0.13%
IT	B	0.13%
HPQ	B	0.12%
BAH	A	0.12%
CINF	B	0.12%
ESS	D	0.11%
TEAM	B	0.11%
LII	A	0.11%
LUV	B	0.1%
BR	B	0.09%
ANSS	C	0.09%
ROK	C	0.09%
HUBS	B	0.08%
CPT	D	0.07%
BMRN	F	0.07%
DOC	A	0.07%
ZBRA	B	0.06%
FDS	B	0.06%
TER	F	0.06%
MDB	F	0.05%
RBLX	B	0.05%
J	D	0.05%
TRMB	B	0.04%
BSY	D	0.03%

HAPI Underweight 36 Positions Relative to SMRI

Symbol	Grade	Weight
APP	B	-2.64%
DOCU	A	-2.36%
SNA	A	-2.34%
VST	C	-2.24%
JBL	B	-2.18%
FFIV	B	-2.15%
ZM	A	-2.14%
PAYX	B	-2.12%
PCAR	B	-2.11%
OC	B	-2.07%
MCK	D	-2.06%
COR	B	-2.03%
UTHR	A	-2.02%
TAP	C	-2.01%
EME	A	-2.0%
NRG	B	-2.0%
PYPL	B	-1.99%
GEN	B	-1.99%
XOM	B	-1.99%
BWA	D	-1.98%
CAH	C	-1.95%
VLO	F	-1.92%
FANG	F	-1.91%
NUE	F	-1.9%
EOG	F	-1.89%
NVR	C	-1.87%
LKQ	F	-1.86%
LEN	D	-1.86%
DVN	F	-1.86%
MRK	F	-1.81%
BLD	D	-1.77%
CI	D	-1.77%
MPC	F	-1.76%
WSM	D	-1.73%
CNC	D	-1.66%
ELV	F	-1.55%