HAPS vs. KRE ETF Comparison

Comparison of Harbor Corporate Culture Small Cap ETF (HAPS) to SPDR S&P Regional Banking ETF (KRE)

HAPS

Harbor Corporate Culture Small Cap ETF

HAPS 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 200 small cap U.S. companies identified by Irrational Capital LLC those it believes to possess strong corporate culture based on its proprietary scoring methodology.

Grade (RS Rating)

Last Trade

$31.66

Average Daily Volume

141

Number of Holdings ^*

180

* may have additional holdings in another (foreign) market

KRE

SPDR S&P Regional Banking ETF

KRE Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the regional banking segment of the U.S. banking industry. In seeking to track the performance of the S&P Regional Banks Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the regional banks industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$67.79

Average Daily Volume

14,327,645

Number of Holdings ^*

140

* may have additional holdings in another (foreign) market

Performance

Period	HAPS	KRE
30 Days	7.80%	15.58%
60 Days	7.16%	19.24%
90 Days	12.88%	18.21%
12 Months	27.41%	57.72%

15 Overlapping Holdings

Symbol	Grade	Weight in HAPS	Weight in KRE	Overlap
BANR	B	0.47%	0.4%	0.4%
BY	B	0.14%	0.13%	0.13%
CASH	A	0.38%	0.38%	0.38%
EFSC	B	0.42%	0.21%	0.21%
FHB	A	0.69%	0.47%	0.47%
FRME	B	0.46%	0.3%	0.3%
HTH	B	0.3%	0.31%	0.3%
LOB	B	0.28%	0.22%	0.22%
OBK	B	0.19%	0.1%	0.1%
OCFC	B	0.22%	0.19%	0.19%
TOWN	B	0.5%	0.24%	0.24%
TRMK	B	0.42%	0.33%	0.33%
VBTX	B	0.31%	0.28%	0.28%
WAFD	B	0.58%	0.45%	0.45%
WSBC	A	0.4%	0.24%	0.24%

HAPS Overweight 165 Positions Relative to KRE

Symbol	Grade	Weight
PECO	A	2.03%
AWI	A	2.03%
MOG.A	B	1.99%
CBT	C	1.99%
AVT	C	1.76%
EAT	A	1.75%
APLE	B	1.68%
PTCT	B	1.58%
NSA	D	1.57%
ACLX	C	1.45%
LOPE	B	1.45%
GVA	A	1.4%
HLNE	B	1.39%
NUVL	D	1.34%
AGIO	C	1.32%
OGS	A	1.32%
KYMR	D	1.28%
RYTM	C	1.28%
TEX	D	1.26%
TPG	A	1.26%
SR	A	1.21%
HRI	B	1.19%
TNL	A	1.16%
CPA	D	1.13%
RDN	C	1.12%
SGRY	F	1.09%
KOS	F	1.08%
BROS	B	1.08%
PIPR	B	1.08%
YETI	C	1.07%
REZI	A	1.06%
IVT	B	1.05%
LBRT	D	1.03%
NSP	D	1.0%
MC	C	0.99%
SXT	B	0.89%
ALTR	B	0.88%
LAUR	A	0.87%
ZETA	D	0.87%
AIN	C	0.81%
CAKE	C	0.77%
POWL	C	0.77%
ACIW	B	0.77%
WD	D	0.76%
PSMT	C	0.76%
STEP	B	0.76%
HURN	B	0.74%
AUR	C	0.74%
TARS	B	0.73%
JBGS	D	0.71%
CCS	D	0.71%
APPF	B	0.7%
BOX	B	0.65%
BHF	B	0.63%
NTLA	F	0.63%
UPWK	B	0.62%
DK	C	0.6%
WK	B	0.6%
LGIH	D	0.59%
UPST	B	0.59%
TROX	D	0.58%
COLL	F	0.58%
TRIP	F	0.57%
KURA	F	0.56%
BFH	B	0.55%
MD	B	0.55%
PI	D	0.55%
AMN	F	0.55%
INTA	A	0.53%
AESI	B	0.51%
PLMR	B	0.5%
TDC	D	0.47%
CENTA	C	0.46%
BKE	B	0.45%
FLYW	C	0.44%
FORM	D	0.44%
CRAI	B	0.44%
WGO	C	0.43%
UAA	C	0.43%
CSTL	D	0.43%
NNI	D	0.42%
CMPR	D	0.42%
PRGS	A	0.41%
FROG	C	0.4%
MCY	A	0.4%
IDT	B	0.4%
KFRC	D	0.39%
ALRM	C	0.39%
RPD	C	0.38%
GSAT	C	0.38%
SCS	C	0.38%
SONO	C	0.38%
ALGT	B	0.37%
PRVA	B	0.37%
DOLE	D	0.37%
PSCF	A	0.36%
VERX	B	0.36%
SCSC	B	0.35%
CARG	C	0.35%
ENV	B	0.33%
DOCN	D	0.33%
VIAV	B	0.31%
OXM	D	0.31%
PAR	B	0.31%
CALX	D	0.31%
BRZE	C	0.28%
EXTR	B	0.27%
CGEM	F	0.27%
SPTN	D	0.26%
KOP	C	0.26%
IRWD	F	0.25%
INFN	C	0.24%
BZH	B	0.24%
PSCI	A	0.23%
EXPI	C	0.23%
RYI	C	0.23%
USNA	C	0.22%
OPEN	D	0.21%
CSGS	B	0.21%
SPT	C	0.2%
LMB	A	0.18%
FWRG	C	0.18%
ALKT	B	0.18%
AGS	A	0.17%
RGNX	F	0.17%
PSCM	A	0.17%
SDGR	C	0.16%
PRA	C	0.16%
FC	F	0.16%
ATEN	B	0.16%
CARS	B	0.15%
SAGE	F	0.15%
ASAN	C	0.15%
ARLO	C	0.15%
MBIN	D	0.14%
COUR	F	0.13%
VSAT	F	0.13%
GDYN	B	0.13%
VERV	F	0.13%
AMCX	C	0.13%
CERT	F	0.12%
HVT	D	0.11%
NABL	F	0.11%
YEXT	A	0.11%
BASE	C	0.1%
HSTM	B	0.1%
RGP	F	0.09%
ZIP	F	0.08%
UDMY	F	0.08%
IRBT	F	0.07%
ENFN	A	0.06%
MITK	C	0.06%
HCAT	D	0.06%
CHGG	D	0.06%
NEWT	B	0.06%
RMAX	C	0.05%
BIGC	C	0.05%
ALTG	C	0.05%
DOMO	C	0.04%
GPRO	F	0.04%
SEMR	B	0.04%
VRA	F	0.03%
EB	C	0.03%
HMST	D	0.03%
SAVE	D	0.01%

HAPS Underweight 125 Positions Relative to KRE

Symbol	Grade	Weight
MTB	A	-5.01%
HBAN	A	-4.87%
RF	A	-4.72%
CFG	B	-4.57%
TFC	A	-4.4%
FHN	A	-3.88%
ZION	B	-3.08%
WBS	A	-2.45%
SNV	B	-2.3%
OZK	B	-2.28%
WAL	B	-2.26%
EWBC	A	-2.09%
COLB	A	-1.86%
CFR	B	-1.86%
SSB	B	-1.59%
PNFP	B	-1.58%
VLY	B	-1.5%
CADE	B	-1.48%
AX	A	-1.45%
WTFC	A	-1.44%
UMBF	B	-1.34%
PB	A	-1.31%
ONB	B	-1.16%
FNB	A	-1.15%
CBSH	A	-1.14%
BPOP	B	-1.1%
ASB	B	-1.05%
TBBK	B	-0.95%
BANC	A	-0.93%
HWC	B	-0.89%
FULT	A	-0.86%
TCBI	B	-0.86%
GBCI	B	-0.85%
BKU	A	-0.84%
HOMB	A	-0.79%
FFIN	B	-0.78%
CUBI	C	-0.77%
BOH	B	-0.75%
FBP	B	-0.69%
ABCB	B	-0.65%
UBSI	B	-0.62%
FIBK	A	-0.59%
AUB	B	-0.55%
EBC	B	-0.55%
PFS	B	-0.54%
CVBF	A	-0.54%
CBU	B	-0.53%
CATY	B	-0.52%
INDB	B	-0.52%
BOKF	B	-0.5%
SFBS	B	-0.48%
UCB	A	-0.48%
IBOC	A	-0.47%
RNST	B	-0.44%
WSFS	A	-0.43%
PPBI	B	-0.42%
HTLF	B	-0.42%
TFIN	A	-0.42%
IBTX	B	-0.41%
SBCF	A	-0.39%
NBHC	B	-0.36%
SFNC	B	-0.34%
FFBC	A	-0.33%
SASR	B	-0.3%
OFG	B	-0.29%
PRK	B	-0.28%
NWBI	B	-0.28%
FCF	A	-0.28%
HOPE	B	-0.27%
BHLB	B	-0.26%
EGBN	B	-0.25%
NBTB	B	-0.25%
LKFN	B	-0.24%
BANF	B	-0.24%
FBMS	B	-0.23%
FBK	B	-0.21%
CHCO	B	-0.2%
PFBC	B	-0.2%
FBNC	A	-0.2%
WABC	B	-0.19%
BRKL	B	-0.19%
DCOM	A	-0.19%
QCRH	A	-0.18%
MCB	B	-0.16%
PFC	A	-0.16%
STBA	B	-0.16%
CPF	A	-0.15%
HAFC	A	-0.15%
TCBK	B	-0.15%
AMAL	B	-0.15%
SYBT	B	-0.15%
CFFN	B	-0.15%
FFWM	C	-0.14%
HFWA	B	-0.14%
BUSE	B	-0.14%
SRCE	B	-0.14%
NIC	B	-0.13%
PEBO	A	-0.13%
CFB	B	-0.13%
HTBK	A	-0.13%
NFBK	B	-0.13%
OSBC	A	-0.13%
CNOB	B	-0.12%
IBCP	B	-0.12%
TMP	B	-0.12%
CCB	A	-0.11%
KRNY	B	-0.11%
TFSL	A	-0.11%
SBSI	B	-0.11%
HIFS	B	-0.1%
WASH	C	-0.1%
PGC	C	-0.1%
FFIC	B	-0.09%
AMTB	B	-0.09%
MBWM	B	-0.09%
UVSP	B	-0.08%
CTBI	B	-0.08%
TRST	A	-0.08%
HBNC	B	-0.07%
THFF	B	-0.06%
CAC	B	-0.06%
MSBI	B	-0.06%
GSBC	B	-0.05%
CLBK	B	-0.04%
HONE	B	-0.04%