HAPS vs. XTL ETF Comparison

Comparison of Harbor Corporate Culture Small Cap ETF (HAPS) to SPDR S&P Telecom ETF (XTL)

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 ^*

179

* may have additional holdings in another (foreign) market

XTL

SPDR S&P Telecom ETF

XTL 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 telecommunications segment of a U.S. total market composite index. In seeking to track the performance of the S&P Telecom 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 telecommunications industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$109.64

Average Daily Volume

15,605

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	HAPS	XTL
30 Days	7.80%	7.61%
60 Days	7.16%	10.15%
90 Days	12.88%	15.04%
12 Months	27.41%	58.28%

7 Overlapping Holdings

Symbol	Grade	Weight in HAPS	Weight in XTL	Overlap
CALX	D	0.24%	2.02%	0.24%
EXTR	B	0.26%	2.95%	0.26%
GSAT	C	0.66%	0.97%	0.66%
IDT	B	0.4%	0.49%	0.4%
INFN	C	0.2%	2.74%	0.2%
VIAV	B	0.29%	1.84%	0.29%
VSAT	F	0.12%	1.64%	0.12%

HAPS Overweight 172 Positions Relative to XTL

Symbol	Grade	Weight
AWI	A	2.18%
CBT	C	2.02%
PECO	A	1.99%
MOG.A	B	1.91%
ACLX	C	1.89%
RYTM	C	1.76%
EAT	A	1.72%
APLE	B	1.71%
PTCT	B	1.63%
LOPE	B	1.58%
AGIO	C	1.55%
AVT	C	1.53%
REZI	A	1.42%
NUVL	D	1.39%
HLNE	B	1.37%
KYMR	D	1.32%
HRI	B	1.32%
TNL	A	1.3%
KBH	D	1.26%
NSA	D	1.26%
GVA	A	1.25%
TEX	D	1.24%
OGS	A	1.24%
KOS	F	1.2%
PIPR	B	1.17%
MC	B	1.14%
TPG	A	1.13%
SR	A	1.11%
RDN	C	1.1%
YETI	C	1.02%
LBRT	D	1.0%
POWL	C	0.98%
CPA	D	0.96%
SGRY	F	0.95%
IVT	B	0.94%
NSP	D	0.9%
BROS	B	0.9%
NTLA	F	0.86%
AIN	C	0.8%
CAKE	C	0.79%
PSMT	C	0.78%
LAUR	A	0.77%
BHF	B	0.75%
FHB	A	0.74%
ALTR	B	0.74%
SXT	B	0.73%
DK	C	0.72%
UPWK	B	0.71%
WD	D	0.71%
HURN	B	0.69%
STEP	B	0.69%
ACIW	B	0.68%
TRIP	F	0.64%
AUR	C	0.62%
WAFD	B	0.62%
BOX	B	0.62%
APPF	B	0.6%
TARS	B	0.6%
WK	B	0.57%
CCS	D	0.57%
BFH	B	0.57%
KURA	F	0.56%
FRME	B	0.56%
ALGT	B	0.55%
PI	D	0.55%
JBGS	D	0.55%
CMPR	D	0.54%
BANR	B	0.54%
COLL	F	0.51%
LGIH	D	0.51%
MD	B	0.5%
UPST	B	0.5%
PLMR	B	0.5%
TOWN	B	0.49%
BKE	B	0.49%
IRWD	F	0.49%
TROX	D	0.49%
FLYW	C	0.48%
EFSC	B	0.47%
TRMK	B	0.47%
FORM	D	0.45%
FROG	C	0.45%
WSBC	B	0.44%
TDC	D	0.44%
AESI	B	0.44%
CASH	A	0.43%
PRVA	B	0.43%
ALRM	C	0.43%
CRAI	B	0.42%
SCSC	B	0.41%
NNI	D	0.4%
SCS	C	0.39%
WGO	C	0.39%
MCY	A	0.38%
PRGS	A	0.38%
SONO	C	0.38%
LOB	B	0.37%
CSTL	D	0.35%
VERX	B	0.35%
VBTX	B	0.35%
AMN	F	0.35%
KFRC	D	0.35%
RPD	C	0.34%
CENTA	C	0.33%
UAA	C	0.33%
HTH	B	0.32%
PAR	B	0.31%
ZETA	D	0.31%
RYI	C	0.3%
RGNX	F	0.29%
DOLE	D	0.29%
ENV	B	0.28%
OXM	D	0.28%
OPEN	D	0.27%
EXPI	C	0.27%
KOP	C	0.27%
BRZE	C	0.27%
DOCN	D	0.26%
OCFC	B	0.26%
USNA	C	0.25%
BZH	B	0.25%
CARG	C	0.25%
INTA	A	0.23%
SPT	C	0.23%
CGEM	F	0.23%
OBK	B	0.22%
CSGS	B	0.21%
VERV	F	0.21%
SPTN	D	0.21%
PSCF	A	0.2%
SDGR	C	0.19%
FWRG	C	0.19%
SAGE	F	0.18%
PRA	C	0.17%
CARS	B	0.17%
BY	B	0.17%
ARLO	C	0.17%
ASAN	C	0.17%
LMB	A	0.17%
ALKT	B	0.16%
AMCX	C	0.16%
MBIN	D	0.15%
ATEN	B	0.15%
CERT	F	0.15%
AGS	A	0.14%
FC	F	0.14%
COUR	F	0.13%
UDMY	F	0.12%
GDYN	B	0.12%
YEXT	A	0.12%
HSTM	B	0.11%
ALTG	C	0.1%
BASE	C	0.1%
NABL	F	0.1%
RGP	F	0.1%
HVT	D	0.1%
ZIP	F	0.09%
MITK	C	0.09%
CHGG	D	0.09%
BIGC	C	0.08%
NEWT	B	0.08%
ENFN	A	0.08%
HCAT	D	0.07%
IRBT	F	0.06%
EB	C	0.06%
SAVE	D	0.05%
SEMR	B	0.04%
HMST	D	0.04%
GPRO	F	0.04%
DOMO	C	0.04%
VRA	F	0.03%
RMAX	C	0.03%

HAPS Underweight 31 Positions Relative to XTL

Symbol	Grade	Weight
LITE	B	-6.03%
CIEN	B	-4.91%
TMUS	B	-4.63%
CSCO	B	-4.6%
FFIV	B	-4.55%
MSI	B	-4.42%
ANET	C	-4.24%
CCOI	B	-4.22%
LUMN	C	-4.09%
T	A	-4.06%
JNPR	F	-3.93%
FYBR	D	-3.77%
TDS	B	-3.75%
VZ	C	-3.64%
NPAB	B	-3.55%
IRDM	D	-3.43%
UI	A	-2.04%
AAOI	B	-1.81%
NTCT	C	-1.8%
USM	B	-1.46%
HLIT	D	-1.42%
GOGO	C	-0.98%
COMM	D	-0.82%
LILAK	D	-0.76%
BAND	B	-0.73%
DGII	B	-0.72%
ATEX	D	-0.6%
CLFD	D	-0.43%
NTGR	B	-0.4%
SHEN	F	-0.35%
AVNW	F	-0.14%