INNO vs. ANEW ETF Comparison

Comparison of Harbor Disruptive Innovation ETF (INNO) to ProShares MSCI Transformational Changes ETF (ANEW)

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

ANEW

ProShares MSCI Transformational Changes ETF

ANEW Description

The investment seeks investment results, before fees and expenses, that track the performance of the MSCI Global Transformational Changes Index (the index). The fund seeks to invest substantially all of its assets in the securities included in the index. The index selects companies which may benefit from transformational changes in how people work, take care of their health, and consume and connect (Transformational Changes) - changes accelerated by COVID-19.

Grade (RS Rating)

Last Trade

$45.98

Average Daily Volume

352

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

Performance

Period	INNO	ANEW
30 Days	6.16%	1.03%
60 Days	7.36%	4.14%
90 Days	9.18%	5.35%
12 Months	28.63%	27.69%

26 Overlapping Holdings

Symbol	Grade	Weight in INNO	Weight in ANEW	Overlap
AMAT	F	0.61%	0.85%	0.61%
AMD	F	1.36%	0.34%	0.34%
AMZN	C	2.97%	2.16%	2.16%
CGNX	D	1.2%	0.15%	0.15%
CHKP	C	0.32%	0.21%	0.21%
CRM	B	0.9%	0.34%	0.34%
CRWD	B	0.45%	0.18%	0.18%
DASH	B	2.82%	2.89%	2.82%
DHR	F	2.42%	1.69%	1.69%
DKNG	B	0.5%	0.5%	0.5%
DT	D	0.62%	0.2%	0.2%
DXCM	C	0.32%	0.49%	0.32%
GOOGL	C	1.96%	1.66%	1.66%
MEDP	D	0.82%	0.16%	0.16%
META	D	2.01%	2.32%	2.01%
MRNA	F	0.39%	0.22%	0.22%
MSFT	D	1.92%	1.86%	1.86%
NET	B	1.17%	0.22%	0.22%
NFLX	A	1.14%	2.39%	1.14%
NOW	A	3.73%	0.26%	0.26%
NVDA	B	4.35%	2.89%	2.89%
OKTA	C	0.53%	0.14%	0.14%
ORCL	A	0.81%	0.61%	0.61%
PANW	B	0.8%	0.27%	0.27%
PCOR	B	1.2%	0.18%	0.18%
SE	A	0.83%	0.75%	0.75%

INNO Overweight 42 Positions Relative to ANEW

Symbol	Grade	Weight
SHOP	B	3.91%
GOOG	C	3.38%
CDNS	B	3.13%
FI	A	2.94%
MELI	C	2.85%
PGR	A	2.82%
URI	C	2.81%
LIN	C	2.53%
LRCX	F	2.42%
TXN	C	2.3%
TEAM	A	2.23%
IOT	A	2.16%
TOST	B	2.03%
ASND	F	1.55%
CMG	B	1.51%
DDOG	A	1.38%
TSM	B	1.33%
HUBS	A	1.11%
GTLS	A	1.09%
S	B	0.84%
SAP	B	0.84%
MNDY	C	0.8%
ZS	B	0.79%
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%
PODD	C	0.58%
GLBE	B	0.57%
LLY	F	0.54%
ICLR	D	0.46%
TSLA	B	0.46%
SAIA	B	0.45%
SNOW	B	0.43%
LEGN	D	0.41%
TDG	D	0.33%
RCKT	F	0.33%
PCVX	D	0.25%
BCYC	F	0.16%

INNO Underweight 98 Positions Relative to ANEW

Symbol	Grade	Weight
ISRG	A	-2.49%
BKNG	A	-2.37%
AAPL	C	-2.23%
BSX	A	-2.17%
ABT	B	-2.1%
ADBE	C	-2.05%
ABBV	F	-1.94%
BABA	D	-1.93%
DE	B	-1.92%
MKC	C	-1.89%
CTVA	C	-1.89%
IFF	D	-1.71%
AVGO	D	-1.6%
MRK	D	-1.4%
SFM	A	-1.21%
BDX	F	-1.11%
V	A	-1.04%
FMC	D	-0.94%
MA	B	-0.93%
CNH	C	-0.92%
AGCO	D	-0.79%
EA	A	-0.68%
EW	C	-0.67%
TTWO	A	-0.64%
CSCO	B	-0.64%
EBAY	D	-0.63%
OMC	C	-0.59%
RMD	C	-0.58%
TCOM	B	-0.58%
QCOM	F	-0.56%
ZD	B	-0.55%
ANSS	B	-0.55%
SMPL	B	-0.48%
WST	C	-0.42%
NEOG	F	-0.41%
SMG	C	-0.4%
PINS	F	-0.38%
SXT	C	-0.38%
ILMN	C	-0.38%
SNAP	D	-0.37%
DOCS	C	-0.36%
MSTR	B	-0.36%
DGX	A	-0.3%
NTRA	A	-0.29%
CVLT	B	-0.28%
HOOD	B	-0.27%
QTWO	A	-0.27%
FFIV	B	-0.25%
GH	B	-0.25%
PYPL	B	-0.24%
DOCU	B	-0.24%
SMAR	B	-0.24%
GMED	A	-0.24%
PRCT	B	-0.24%
RARE	F	-0.23%
BOX	B	-0.23%
CCOI	B	-0.23%
CYBR	A	-0.22%
COIN	C	-0.22%
INSP	D	-0.22%
BL	B	-0.21%
SMTC	B	-0.21%
KTOS	B	-0.21%
DBX	B	-0.21%
PCTY	C	-0.21%
VRNS	D	-0.21%
GEN	B	-0.21%
HPE	B	-0.21%
JNPR	D	-0.2%
RIOT	C	-0.2%
NOVT	D	-0.2%
EQIX	A	-0.2%
ALTR	B	-0.2%
NTAP	C	-0.19%
WDAY	B	-0.19%
BLKB	B	-0.19%
TECH	F	-0.19%
ENOV	C	-0.18%
HSIC	C	-0.18%
AI	B	-0.18%
QGEN	D	-0.18%
AKAM	D	-0.17%
CRSP	D	-0.17%
IRDM	D	-0.17%
TENB	C	-0.17%
NTNX	B	-0.17%
TWST	F	-0.17%
MARA	B	-0.17%
EEFT	B	-0.16%
SLAB	F	-0.15%
NXPI	D	-0.15%
SYNA	C	-0.15%
CLSK	C	-0.14%
IDYA	F	-0.14%
TMDX	F	-0.13%
FIVN	C	-0.13%
ACHC	F	-0.12%
TNDM	D	-0.11%