INNO vs. JOET ETF Comparison

Comparison of Harbor Disruptive Innovation ETF (INNO) to Virtus Terranova U.S. Quality Momentum ETF (JOET)

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

$15.98

Average Daily Volume

9,849

Number of Holdings ^*

* may have additional holdings in another (foreign) market

JOET

Virtus Terranova U.S. Quality Momentum ETF

JOET Description

The investment seeks investment results that correspond, before fees and expenses, to the price and yield performance of the Terranova U.S. Quality Momentum Index. Under normal market conditions, the fund will invest not less than 80% of its assets in component securities of the index. The index is designed to track the performance of quality large-capitalization companies listed in the United States. The index includes common stock and ADRs. The fund will invest not less than 80% of its net assets (plus the amount of any borrowings for investment purposes) in U.S. securities.

Grade (RS Rating)

Last Trade

$36.68

Average Daily Volume

24,249

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

Performance

Period	INNO	JOET
30 Days	3.87%	3.62%
60 Days	6.12%	6.94%
90 Days	2.42%	6.84%
12 Months	29.93%	30.95%

21 Overlapping Holdings

Symbol	Grade	Weight in INNO	Weight in JOET	Overlap
AMAT	D	0.67%	0.71%	0.67%
AMD	C	1.61%	0.83%	0.83%
AMZN	C	2.85%	0.78%	0.78%
CDNS	D	3.08%	0.81%	0.81%
CMG	D	1.6%	0.87%	0.87%
CRWD	D	0.37%	0.81%	0.37%
GOOGL	D	1.94%	0.72%	0.72%
HUBB	B	0.44%	0.86%	0.44%
ICLR	F	0.75%	0.69%	0.69%
LLY	D	0.68%	0.85%	0.68%
LRCX	D	3.81%	0.66%	0.66%
MELI	C	3.48%	0.95%	0.95%
META	B	2.01%	0.89%	0.89%
MSFT	C	2.13%	0.77%	0.77%
NFLX	B	1.03%	0.83%	0.83%
NOW	C	4.1%	0.83%	0.83%
NU	C	0.68%	0.89%	0.68%
NVDA	C	3.7%	0.78%	0.78%
PANW	D	0.76%	0.76%	0.76%
PGR	C	3.25%	0.88%	0.88%
URI	B	2.68%	0.79%	0.79%

INNO Overweight 45 Positions Relative to JOET

Symbol	Grade	Weight
GOOG	D	3.31%
DHR	B	3.08%
LIN	B	2.92%
SHOP	C	2.7%
TXN	B	2.41%
DASH	B	2.34%
IOT	C	2.2%
ASND	C	1.95%
TEAM	D	1.62%
TOST	C	1.45%
CGNX	F	1.26%
NET	D	1.12%
DDOG	D	1.1%
PCOR	D	1.06%
MEDP	F	0.96%
SAP	B	0.9%
HUBS	D	0.86%
MNDY	C	0.85%
SMAR	A	0.83%
GTLS	F	0.82%
S	D	0.78%
MRNA	F	0.75%
ZS	F	0.72%
SE	B	0.71%
LSCC	D	0.69%
MTSI	C	0.67%
MDB	D	0.67%
ROKU	D	0.66%
DT	C	0.65%
BSY	C	0.65%
LEGN	F	0.58%
PODD	C	0.58%
CRM	C	0.57%
OKTA	F	0.56%
SQ	D	0.55%
TSM	C	0.54%
GEV	B	0.54%
DKNG	C	0.5%
RCKT	F	0.48%
SNOW	F	0.42%
SAIA	D	0.38%
TSLA	C	0.37%
GLBE	C	0.37%
PCVX	C	0.34%
DXCM	F	0.33%

INNO Underweight 103 Positions Relative to JOET

Symbol	Grade	Weight
APP	C	-1.19%
PLTR	C	-1.01%
AXON	B	-0.94%
ORCL	B	-0.9%
ANET	C	-0.89%
CEG	C	-0.89%
TTD	B	-0.89%
PSA	C	-0.89%
CPNG	B	-0.89%
HWM	B	-0.88%
UBER	C	-0.87%
ACGL	B	-0.86%
TT	B	-0.86%
IRM	C	-0.86%
AFL	A	-0.85%
WELL	C	-0.85%
NVR	B	-0.84%
MA	B	-0.84%
TW	B	-0.84%
PH	B	-0.84%
PWR	B	-0.84%
HEI	C	-0.84%
EXPE	C	-0.84%
MPWR	B	-0.83%
ISRG	C	-0.83%
TRV	C	-0.83%
DHI	C	-0.83%
IBKR	B	-0.83%
PHM	B	-0.83%
RCL	B	-0.83%
ADSK	B	-0.83%
KKR	B	-0.83%
EXR	C	-0.82%
CINF	C	-0.82%
V	C	-0.82%
SYK	C	-0.82%
COST	C	-0.82%
AVGO	C	-0.82%
LEN	B	-0.81%
IT	C	-0.81%
ROL	C	-0.81%
AXP	B	-0.81%
CPAY	B	-0.8%
SPGI	C	-0.8%
CTAS	C	-0.8%
CME	B	-0.8%
CB	B	-0.8%
AMP	B	-0.79%
HIG	B	-0.79%
TJX	C	-0.79%
FSLR	C	-0.79%
GWW	B	-0.79%
WRB	D	-0.79%
CMI	B	-0.79%
CAT	B	-0.79%
CHKP	B	-0.78%
BRK.A	C	-0.78%
AAPL	C	-0.78%
MTB	C	-0.77%
MMC	C	-0.77%
PTC	C	-0.77%
ADI	C	-0.77%
FITB	B	-0.77%
INTU	D	-0.77%
NTRS	C	-0.77%
FAST	C	-0.76%
PG	C	-0.76%
CPRT	D	-0.76%
ELV	D	-0.76%
DECK	C	-0.76%
APH	C	-0.76%
BRO	C	-0.76%
RF	B	-0.76%
AME	C	-0.75%
PCAR	D	-0.75%
SYF	C	-0.75%
CTSH	B	-0.75%
DFS	C	-0.75%
XOM	D	-0.74%
HBAN	B	-0.74%
IR	B	-0.74%
JPM	D	-0.74%
AJG	D	-0.74%
APO	B	-0.74%
CFG	D	-0.73%
MKL	C	-0.73%
KLAC	D	-0.73%
EPD	C	-0.73%
TYL	C	-0.73%
EOG	D	-0.73%
VRTX	D	-0.72%
GRMN	D	-0.72%
QCOM	D	-0.72%
XYL	C	-0.72%
SNPS	F	-0.7%
NXPI	D	-0.7%
STLD	C	-0.69%
FCNCA	D	-0.69%
PSX	F	-0.69%
FANG	F	-0.67%
HES	F	-0.66%
VLO	F	-0.65%
SMCI	F	-0.46%

INNO: Top Represented Industries & Keywords

Industries: Software - Application Semiconductors Software - Infrastructure Biotechnology Diagnostics & Research Internet Content & Information Semiconductor Equipment & Materials Specialty Retail Auto Manufacturers Banks - Diversified Drug Manufacturers - Major Electronic Components Electronic Gaming & Multimedia Gambling Insurance - Property & Casualty Internet Content & Information Internet Retail Media - Diversified Medical Devices Metal Fabrication