IGV vs. INNO ETF Comparison

Comparison of iShares Expanded Tech-Software Sector ETF (IGV) to Harbor Disruptive Innovation ETF (INNO)

IGV

iShares Expanded Tech-Software Sector ETF

IGV Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the S&P North American Technology Software IndexTM (the "underlying index"). The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index measures the performance of U.S.-traded stocks of software-related companies in the United States and Canada. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$105.90

Average Daily Volume

3,734,295

Number of Holdings ^*

109

* 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

$17.07

Average Daily Volume

29,771

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IGV	INNO
30 Days	13.49%	6.16%
60 Days	17.20%	7.36%
90 Days	21.04%	9.18%
12 Months	37.76%	28.63%

15 Overlapping Holdings

Symbol	Grade	Weight in IGV	Weight in INNO	Overlap
CDNS	B	2.91%	3.13%	2.91%
CRM	B	9.42%	0.9%	0.9%
CRWD	B	2.79%	0.45%	0.45%
DDOG	A	1.43%	1.38%	1.38%
DT	D	0.56%	0.62%	0.56%
HUBS	A	1.25%	1.11%	1.11%
IOT	A	0.36%	2.16%	0.36%
MSFT	D	7.19%	1.92%	1.92%
NOW	A	7.13%	3.73%	3.73%
ORCL	A	8.34%	0.81%	0.81%
PANW	B	4.35%	0.8%	0.8%
PCOR	B	0.27%	1.2%	0.27%
S	B	0.28%	0.84%	0.28%
TEAM	A	1.39%	2.23%	1.39%
ZS	B	0.68%	0.79%	0.68%

IGV Overweight 94 Positions Relative to INNO

Symbol	Grade	Weight
ADBE	C	6.5%
PLTR	B	4.17%
INTU	B	4.13%
SNPS	B	2.94%
ADSK	A	2.31%
APP	B	2.13%
ROP	B	2.12%
FTNT	C	2.1%
WDAY	B	2.02%
MSTR	B	2.0%
FICO	B	1.99%
EA	A	1.38%
TTWO	A	1.04%
ANSS	B	1.04%
TYL	B	0.92%
PTC	B	0.8%
ZM	C	0.76%
NTNX	B	0.61%
MANH	D	0.6%
DOCU	B	0.58%
GWRE	A	0.57%
GEN	B	0.57%
SNAP	D	0.4%
BILL	A	0.3%
ESTC	C	0.27%
SMAR	B	0.27%
BSY	F	0.26%
CVLT	B	0.26%
GTLB	B	0.25%
CFLT	B	0.25%
DBX	B	0.23%
AZPN	A	0.23%
SPSC	D	0.23%
MARA	B	0.22%
ALTR	B	0.22%
VRNS	D	0.21%
QTWO	A	0.21%
CWAN	B	0.2%
PATH	C	0.2%
ACIW	B	0.2%
AUR	C	0.19%
APPF	B	0.19%
U	C	0.19%
QLYS	B	0.19%
HCP	B	0.18%
WK	B	0.17%
CCCS	B	0.17%
TENB	C	0.17%
BOX	B	0.17%
IDCC	B	0.16%
DLB	B	0.15%
PEGA	B	0.14%
NCNO	C	0.13%
BLKB	B	0.12%
CLSK	C	0.12%
ZETA	D	0.12%
RNG	C	0.11%
BL	B	0.11%
RIOT	C	0.11%
INTA	B	0.1%
DV	C	0.1%
TDC	D	0.1%
PRGS	A	0.1%
AI	B	0.1%
FIVN	C	0.1%
FRSH	B	0.1%
ALRM	C	0.1%
YOU	D	0.09%
VERX	A	0.09%
RPD	B	0.09%
ENV	B	0.09%
AGYS	A	0.09%
BRZE	C	0.08%
ALKT	B	0.08%
PD	C	0.07%
RAMP	B	0.07%
VYX	B	0.07%
AVPT	A	0.06%
MTTR	B	0.05%
ZUO	B	0.05%
SPT	C	0.05%
VRNT	C	0.05%
APPN	B	0.05%
PRO	C	0.04%
ASAN	B	0.04%
ATEN	A	0.04%
ADEA	C	0.04%
SWI	C	0.03%
NABL	F	0.03%
CXM	C	0.03%
JAMF	F	0.03%
SEMR	C	0.02%
MLNK	C	0.02%
ETWO	F	0.02%

IGV Underweight 53 Positions Relative to INNO

Symbol	Grade	Weight
NVDA	B	-4.35%
SHOP	B	-3.91%
GOOG	C	-3.38%
AMZN	C	-2.97%
FI	A	-2.94%
MELI	C	-2.85%
PGR	A	-2.82%
DASH	B	-2.82%
URI	C	-2.81%
LIN	C	-2.53%
LRCX	F	-2.42%
DHR	F	-2.42%
TXN	C	-2.3%
TOST	B	-2.03%
META	D	-2.01%
GOOGL	C	-1.96%
ASND	F	-1.55%
CMG	B	-1.51%
AMD	F	-1.36%
TSM	B	-1.33%
CGNX	D	-1.2%
NET	B	-1.17%
NFLX	A	-1.14%
GTLS	A	-1.09%
SAP	B	-0.84%
SE	A	-0.83%
MEDP	D	-0.82%
MNDY	C	-0.8%
MTSI	B	-0.77%
GEV	B	-0.67%
SQ	A	-0.65%
ROKU	D	-0.65%
LSCC	D	-0.64%
NU	C	-0.63%
MDB	B	-0.62%
AMAT	F	-0.61%
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%
SAIA	B	-0.45%
SNOW	B	-0.43%
LEGN	D	-0.41%
MRNA	F	-0.39%
TDG	D	-0.33%
RCKT	F	-0.33%
DXCM	C	-0.32%
CHKP	C	-0.32%
PCVX	D	-0.25%
BCYC	F	-0.16%