INNO vs. BTEC ETF Comparison

Comparison of Harbor Disruptive Innovation ETF (INNO) to Principal Healthcare Innovators Index ETF (BTEC)

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

$15.31

Average Daily Volume

2,526

Number of Holdings ^*

* may have additional holdings in another (foreign) market

BTEC

Principal Healthcare Innovators Index ETF

BTEC Description

The investment seeks to provide investment results that closely correspond, before expenses, to the performance of the Nasdaq Healthcare Innovators Index (the "index"). Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of companies that compose the index at the time of purchase. The index uses a quantitative model designed to identify equity securities in the Nasdaq US Benchmark Index (including growth and value stock) that are small and medium capitalization U.S. healthcare companies.

Grade (RS Rating)

Last Trade

$35.65

Average Daily Volume

6,065

Number of Holdings ^*

245

* may have additional holdings in another (foreign) market

Performance

Period	INNO	BTEC
30 Days	-3.30%	-2.88%
60 Days	-4.61%	-5.75%
90 Days	-2.64%	-4.59%
12 Months	23.54%	-2.26%

15 Overlapping Holdings

Symbol	Grade	Weight in INNO	Weight in BTEC	Overlap
ALLO	F	0.27%	0.12%	0.12%
ARVN	D	0.81%	0.48%	0.48%
ARWR	F	0.69%	0.65%	0.65%
CTLT	D	0.78%	2.15%	0.78%
FATE	F	0.08%	0.1%	0.08%
INSP	D	0.51%	1.58%	0.51%
IOVA	D	1.3%	0.77%	0.77%
KYMR	C	0.78%	0.49%	0.49%
MRNA	B	1.04%	3.7%	1.04%
NTLA	F	0.42%	0.49%	0.42%
PCVX	C	0.18%	1.48%	0.18%
RCKT	D	1.54%	0.45%	0.45%
REPL	F	0.29%	0.11%	0.11%
RGNX	F	0.74%	0.19%	0.19%
RNA	B	1.01%	0.45%	0.45%

INNO Overweight 66 Positions Relative to BTEC

Symbol	Grade	Weight
LRCX	D	3.73%
GOOG	B	3.08%
NOW	D	2.81%
NVDA	B	2.69%
PGR	A	2.65%
SHOP	F	2.46%
MELI	B	2.43%
AMZN	A	2.42%
DHR	C	2.38%
CDNS	D	2.32%
AMD	D	2.31%
LIN	D	2.29%
TXN	A	2.28%
URI	D	2.11%
IOT	B	1.93%
GOOGL	B	1.81%
MSFT	C	1.78%
DASH	D	1.72%
DXCM	D	1.7%
CRM	D	1.63%
ASND	D	1.62%
CMG	A	1.51%
PCOR	F	1.46%
META	D	1.32%
NET	F	1.31%
KRYS	D	1.28%
AMAT	C	1.21%
CGNX	B	1.16%
AUTL	F	1.15%
TOST	A	1.12%
HUBS	D	1.01%
SNOW	F	1.0%
TMO	D	0.98%
GTLS	B	0.97%
DDOG	D	0.88%
LSCC	F	0.86%
BCYC	D	0.78%
ICLR	D	0.76%
UBER	D	0.68%
CCCC	D	0.67%
NICE	D	0.63%
BSY	A	0.62%
PANW	B	0.6%
SMAR	D	0.6%
TEAM	F	0.6%
MDB	F	0.6%
GTLB	F	0.6%
LLY	C	0.51%
DT	F	0.51%
MNDY	D	0.48%
WDAY	F	0.45%
OKTA	D	0.42%
SAP	C	0.41%
S	D	0.41%
DKNG	D	0.41%
LEGN	F	0.41%
SQ	D	0.4%
ZS	F	0.4%
IDXX	D	0.38%
SE	B	0.38%
HUBB	D	0.37%
PODD	C	0.31%
LNTH	B	0.29%
RPTX	F	0.2%
ADAP	D	0.2%
QURE	F	0.17%

INNO Underweight 230 Positions Relative to BTEC

Symbol	Grade	Weight
ALNY	D	-3.16%
ILMN	F	-2.84%
SRPT	B	-2.58%
NTRA	B	-2.39%
EXAS	F	-2.31%
VKTX	B	-1.75%
CERE	B	-1.64%
ITCI	C	-1.45%
ELAN	B	-1.41%
CYTK	D	-1.41%
BPMC	A	-1.4%
RVMD	B	-1.38%
IONS	F	-1.34%
APLS	F	-1.22%
GKOS	B	-1.11%
BBIO	F	-1.09%
ALPN	A	-0.93%
MDGL	D	-0.92%
NUVL	D	-0.91%
IMVT	F	-0.9%
TMDX	B	-0.9%
INSM	D	-0.82%
CRNX	A	-0.79%
RARE	F	-0.77%
AXSM	B	-0.76%
IRTC	F	-0.74%
JANX	B	-0.72%
PRCT	B	-0.69%
SWTX	D	-0.69%
FOLD	F	-0.67%
IDYA	D	-0.67%
AZTA	D	-0.64%
ENOV	F	-0.62%
SMMT	B	-0.62%
ACLX	D	-0.61%
TXG	F	-0.6%
CLDX	D	-0.58%
PTCT	C	-0.57%
TGTX	C	-0.56%
RYTM	D	-0.54%
VERA	C	-0.53%
TNDM	B	-0.53%
NARI	F	-0.53%
ICUI	F	-0.52%
VCEL	C	-0.51%
DNLI	D	-0.51%
RXST	B	-0.49%
SANA	B	-0.48%
GERN	B	-0.48%
DYN	D	-0.47%
DCPH	A	-0.47%
KROS	D	-0.45%
AGIO	B	-0.44%
BEAM	F	-0.41%
RXRX	F	-0.41%
ATEC	F	-0.41%
TWST	B	-0.41%
SNDX	D	-0.41%
EWTX	B	-0.4%
MYGN	A	-0.39%
ARDX	C	-0.36%
INBX	D	-0.36%
ADMA	A	-0.35%
DAWN	B	-0.35%
KURA	D	-0.35%
PTGX	D	-0.34%
VCYT	F	-0.34%
NVCR	D	-0.34%
XNCR	B	-0.33%
RCUS	F	-0.32%
MORF	F	-0.32%
AKRO	F	-0.31%
FDMT	D	-0.3%
TARS	B	-0.3%
CGEM	B	-0.29%
MIRM	F	-0.28%
VIR	F	-0.28%
SRRK	D	-0.27%
MRVI	B	-0.27%
PRTA	F	-0.27%
TYRA	B	-0.24%
ATRC	F	-0.24%
MGNX	D	-0.23%
SAVA	C	-0.23%
LQDA	D	-0.23%
ARQT	D	-0.23%
EYPT	F	-0.23%
ALXO	B	-0.22%
SPRY	C	-0.22%
BCRX	D	-0.22%
AVNS	D	-0.22%
RLAY	F	-0.22%
VRDN	F	-0.21%
ELVN	B	-0.21%
CTKB	F	-0.2%
EOLS	C	-0.2%
BLFS	B	-0.2%
OCUL	D	-0.2%
CYRX	F	-0.2%
AUPH	F	-0.19%
KIDS	B	-0.19%
YMAB	C	-0.19%
COGT	C	-0.19%
KNSA	B	-0.19%
LBPH	B	-0.19%
FNA	F	-0.19%
PLRX	F	-0.19%
ETNB	F	-0.19%
WVE	C	-0.18%
ANAB	B	-0.18%
SILK	C	-0.18%
SAGE	F	-0.18%
ZNTL	F	-0.18%
NVAX	F	-0.17%
HLVX	F	-0.17%
ARCT	F	-0.17%
SIGA	C	-0.17%
NUVB	B	-0.17%
LYEL	B	-0.16%
TMCI	F	-0.16%
SVRA	C	-0.16%
PRME	F	-0.16%
IRON	F	-0.16%
MLYS	C	-0.16%
PHAT	C	-0.15%
CABA	F	-0.15%
HUMA	B	-0.15%
SIBN	F	-0.15%
ORIC	D	-0.15%
NRIX	C	-0.15%
QTRX	F	-0.15%
SRDX	C	-0.14%
KALV	C	-0.14%
OABI	F	-0.14%
AVTE	D	-0.14%
OLMA	F	-0.14%
CDMO	C	-0.14%
CDNA	C	-0.13%
PEPG	C	-0.13%
URGN	F	-0.13%
OFIX	C	-0.13%
LRMR	D	-0.13%
ABUS	B	-0.13%
NKTX	D	-0.13%
ALEC	F	-0.13%
THRD	B	-0.13%
ANIK	A	-0.12%
ZIMV	D	-0.12%
EDIT	F	-0.12%
PLSE	F	-0.12%
TVTX	F	-0.12%
TRDA	C	-0.12%
VYGR	D	-0.12%
TBPH	C	-0.12%
HRTX	C	-0.11%
MRSN	D	-0.11%
NVRO	F	-0.11%
LXRX	D	-0.11%
AURA	F	-0.11%
ITOS	C	-0.11%
PACB	F	-0.11%
BMEA	F	-0.11%
CELC	D	-0.11%
VERV	F	-0.11%
ADPT	D	-0.11%
CRMD	B	-0.1%
ERAS	D	-0.1%
PGEN	F	-0.1%
ALT	D	-0.1%
TNYA	D	-0.1%
HROW	F	-0.1%
RVNC	F	-0.1%
LUNG	D	-0.1%
AVXL	F	-0.09%
VTYX	F	-0.09%
ALDX	D	-0.09%
CRBU	F	-0.09%
MGTX	F	-0.09%
CERS	C	-0.09%
IGMS	D	-0.09%
TERN	C	-0.09%
ANNX	D	-0.09%
MCRB	F	-0.08%
CDXS	C	-0.08%
CHRS	F	-0.08%
INZY	F	-0.08%
XERS	F	-0.08%
TSVT	F	-0.08%
OMER	D	-0.08%
ANGO	D	-0.08%
PSTX	D	-0.08%
ATNM	B	-0.08%
ENTA	D	-0.08%
RAPT	F	-0.08%
AKYA	F	-0.07%
OM	D	-0.07%
QSI	D	-0.07%
STRO	C	-0.07%
EBS	C	-0.07%
AXGN	F	-0.07%
MACK	B	-0.07%
FENC	D	-0.07%
BLUE	F	-0.06%
BCAB	B	-0.06%
BFLY	F	-0.06%
INGN	B	-0.06%
XFOR	D	-0.06%
KOD	D	-0.06%
CUTR	D	-0.06%
SCPH	F	-0.06%
RCEL	F	-0.06%
RIGL	F	-0.06%
ALLK	D	-0.05%
KPTI	F	-0.05%
ACRS	F	-0.05%
ARAY	F	-0.05%
CVRX	F	-0.05%
PDSB	F	-0.05%
PMVP	D	-0.05%
OMGA	F	-0.05%
MURA	F	-0.04%
EYEN	F	-0.04%
FGEN	F	-0.04%
ACET	F	-0.04%
SGMO	F	-0.04%
BTAI	F	-0.04%
ATRA	F	-0.04%
GRTS	F	-0.03%
GNLX	F	-0.03%
MRNS	F	-0.02%

INNO: Top Represented Industries & Keywords

Industries: Biotechnology Software - Application Diagnostics & Research Software - Infrastructure Semiconductors Internet Content & Information Medical Devices Semiconductor Equipment & Materials Specialty Retail Drug Manufacturers - Major Drug Manufacturers - Specialty & Generic Electronic Components Electronic Gaming & Multimedia Gambling Insurance - Property & Casualty Internet Content & Information Metal Fabrication Rental & Leasing Services Restaurants Scientific & Technical Instruments