INNO vs. RAFE ETF Comparison

Comparison of Harbor Disruptive Innovation ETF (INNO) to PIMCO RAFI ESG U.S. ETF (RAFE)

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

$16.23

Average Daily Volume

37,921

Number of Holdings ^*

* may have additional holdings in another (foreign) market

RAFE

PIMCO RAFI ESG U.S. ETF

RAFE Description

The investment seeks to provide total return that closely corresponds, before fees and expenses, to the total return of the RAFI ESG US Index. The fund seeks to achieve its investment objective by investing under normal circumstances at least 80% of its total assets in the component securities of the RAFI ESG US Index. The underlying index is constructed by RAFI Indices, LLC using a rules-based approach within publicly traded U.S. equities to create an integrated ESG strategy which overweights companies that rate well across various ESG themes and excludes companies with a major involvement in industries such as tobacco, gaming, weapons and fossil fuels.

Grade (RS Rating)

Last Trade

$36.68

Average Daily Volume

3,515

Number of Holdings ^*

237

* may have additional holdings in another (foreign) market

Performance

Period	INNO	RAFE
30 Days	1.33%	-0.18%
60 Days	10.79%	4.26%
90 Days	14.80%	9.20%
12 Months	32.56%	25.43%

17 Overlapping Holdings

Symbol	Grade	Weight in INNO	Weight in RAFE	Overlap
AMAT	F	0.63%	0.71%	0.63%
AMD	F	1.6%	0.06%	0.06%
CDNS	B	2.87%	0.09%	0.09%
CRM	B	0.83%	0.4%	0.4%
DHR	D	2.93%	0.4%	0.4%
FI	A	3.14%	0.22%	0.22%
LIN	D	2.88%	0.97%	0.97%
LLY	F	0.65%	0.65%	0.65%
LRCX	F	3.55%	0.44%	0.44%
META	B	2.1%	0.98%	0.98%
MSFT	D	1.99%	4.67%	1.99%
NFLX	A	0.98%	0.06%	0.06%
NVDA	B	4.19%	0.87%	0.87%
ORCL	B	0.78%	1.26%	0.78%
PGR	D	3.08%	0.2%	0.2%
TSLA	B	0.35%	0.3%	0.3%
TXN	B	2.32%	0.69%	0.69%

INNO Overweight 51 Positions Relative to RAFE

Symbol	Grade	Weight
NOW	A	3.88%
GOOG	B	3.31%
MELI	C	3.3%
URI	B	2.93%
SHOP	B	2.9%
AMZN	A	2.79%
DASH	B	2.61%
IOT	B	2.23%
GOOGL	B	1.93%
TEAM	B	1.78%
ASND	D	1.71%
CMG	D	1.58%
TOST	B	1.55%
CGNX	C	1.26%
NET	C	1.22%
DDOG	B	1.2%
PCOR	C	1.11%
SAP	B	0.89%
HUBS	B	0.89%
MEDP	F	0.89%
MNDY	B	0.89%
GTLS	B	0.86%
S	C	0.85%
SE	B	0.84%
PANW	B	0.79%
ZS	C	0.76%
ICLR	F	0.73%
MTSI	B	0.72%
LSCC	D	0.67%
ROKU	D	0.66%
DT	B	0.65%
TSM	B	0.64%
GEV	A	0.62%
NU	B	0.62%
MDB	F	0.61%
SQ	C	0.6%
MRNA	F	0.57%
PODD	A	0.55%
OKTA	F	0.54%
HUBB	B	0.48%
DKNG	D	0.48%
LEGN	F	0.47%
RCKT	F	0.45%
SNOW	C	0.43%
CRWD	C	0.42%
SAIA	B	0.38%
GLBE	B	0.37%
TDG	B	0.36%
PCVX	D	0.33%
DXCM	D	0.32%
BCYC	D	0.2%

INNO Underweight 220 Positions Relative to RAFE

Symbol	Grade	Weight
AAPL	C	-5.28%
JPM	B	-3.06%
JNJ	D	-2.75%
C	B	-2.41%
CSCO	A	-2.33%
PG	D	-2.28%
PFE	D	-2.14%
INTC	C	-2.12%
WFC	B	-2.03%
T	B	-1.9%
GM	A	-1.67%
IBM	D	-1.52%
MRK	F	-1.5%
BMY	A	-1.45%
HD	B	-1.41%
ABBV	B	-1.4%
VZ	D	-1.36%
QCOM	F	-1.32%
CMCSA	B	-1.23%
AVGO	B	-1.05%
CI	D	-1.03%
AMGN	D	-0.99%
LOW	B	-0.96%
ABT	B	-0.95%
F	F	-0.94%
TGT	D	-0.91%
KO	D	-0.85%
MMM	D	-0.85%
MU	C	-0.84%
DIS	C	-0.82%
ACN	C	-0.81%
V	A	-0.8%
GILD	A	-0.79%
ELV	F	-0.76%
GS	B	-0.69%
BAC	B	-0.64%
MA	B	-0.62%
HPQ	B	-0.58%
MET	C	-0.58%
HPE	B	-0.51%
ADBE	D	-0.49%
DD	C	-0.49%
DOW	F	-0.48%
AXP	B	-0.48%
PYPL	B	-0.48%
UNH	D	-0.46%
ALL	D	-0.46%
DE	C	-0.45%
UPS	C	-0.45%
BBY	D	-0.43%
NKE	F	-0.42%
NEM	D	-0.42%
JCI	B	-0.41%
PRU	C	-0.41%
TJX	D	-0.38%
TMUS	B	-0.37%
ADP	A	-0.35%
EBAY	D	-0.34%
FDX	D	-0.34%
ADI	C	-0.33%
CVS	F	-0.33%
APD	B	-0.33%
WM	B	-0.33%
CL	D	-0.32%
CBRE	A	-0.31%
HUM	F	-0.31%
WDC	C	-0.3%
FIS	B	-0.3%
MCK	D	-0.29%
ADM	F	-0.29%
IP	A	-0.29%
CARR	D	-0.29%
BDX	D	-0.28%
GIS	D	-0.28%
WELL	B	-0.26%
MDLZ	F	-0.26%
BIIB	F	-0.26%
PEP	F	-0.25%
GEHC	D	-0.24%
CCI	D	-0.24%
ITW	A	-0.24%
KMB	D	-0.24%
NTAP	D	-0.23%
CAH	C	-0.23%
EA	A	-0.22%
WY	D	-0.22%
HIG	D	-0.22%
ECL	D	-0.22%
MAR	B	-0.21%
EIX	D	-0.2%
STT	A	-0.2%
KHC	F	-0.19%
EQIX	B	-0.19%
VTR	B	-0.19%
SYY	C	-0.19%
AMP	A	-0.18%
KLAC	F	-0.18%
JLL	A	-0.18%
OC	B	-0.17%
JNPR	A	-0.17%
PFG	D	-0.17%
WHR	B	-0.17%
PPG	F	-0.17%
AMT	D	-0.17%
CMI	A	-0.16%
PARA	C	-0.16%
MSI	B	-0.16%
MOS	C	-0.16%
BAX	D	-0.16%
IRM	B	-0.16%
LH	B	-0.15%
BK	A	-0.15%
LUMN	B	-0.14%
ARW	F	-0.14%
BALL	F	-0.14%
DVA	D	-0.14%
CTSH	D	-0.14%
K	A	-0.14%
DG	F	-0.13%
KSS	F	-0.13%
VFC	B	-0.13%
A	C	-0.13%
AVB	B	-0.13%
EL	F	-0.13%
MCO	D	-0.13%
EW	D	-0.13%
GWW	A	-0.13%
EQR	D	-0.13%
OMC	B	-0.12%
ZTS	F	-0.12%
FOXA	B	-0.12%
SHW	C	-0.12%
CF	B	-0.12%
KDP	F	-0.12%
COR	B	-0.11%
AWK	D	-0.11%
PKG	A	-0.11%
IFF	D	-0.11%
HLT	B	-0.11%
CNC	D	-0.11%
DELL	B	-0.1%
OTIS	B	-0.1%
CDW	F	-0.1%
MRVL	A	-0.1%
FITB	B	-0.1%
TPR	B	-0.1%
SWK	D	-0.1%
ISRG	A	-0.1%
HCA	D	-0.09%
TSCO	D	-0.09%
PVH	D	-0.09%
PAYX	B	-0.09%
HOLX	C	-0.09%
HST	C	-0.09%
SYK	A	-0.09%
GAP	C	-0.09%
FAST	A	-0.08%
AVT	B	-0.08%
SOLV	B	-0.08%
SJM	D	-0.08%
WAT	A	-0.08%
SPGI	D	-0.08%
TER	F	-0.08%
WBA	C	-0.08%
ON	D	-0.08%
KEYS	C	-0.08%
BSX	B	-0.08%
HUN	F	-0.07%
AKAM	D	-0.07%
LKQ	F	-0.07%
USFD	A	-0.07%
PLD	F	-0.07%
TROW	B	-0.07%
LEA	F	-0.07%
DOX	B	-0.07%
TSN	D	-0.06%
NTRS	B	-0.06%
MAA	D	-0.06%
MCHP	F	-0.06%
GPC	F	-0.06%
SNPS	C	-0.06%
CAG	D	-0.06%
VTRS	B	-0.06%
LNC	B	-0.06%
ILMN	A	-0.06%
CPB	D	-0.05%
HSIC	F	-0.05%
XRX	F	-0.05%
WAB	A	-0.05%
EQH	B	-0.05%
GT	C	-0.05%
HSY	F	-0.05%
CHD	C	-0.05%
DGX	B	-0.05%
DXC	C	-0.05%
NWSA	B	-0.04%
OGN	F	-0.04%
AGCO	D	-0.04%
ESS	D	-0.04%
KD	F	-0.04%
ROK	C	-0.04%
HAS	D	-0.04%
DOV	A	-0.04%
FL	F	-0.04%
MHK	D	-0.04%
CTVA	A	-0.04%
M	C	-0.03%
NWL	B	-0.03%
AAP	F	-0.03%
GEN	B	-0.03%
NDAQ	A	-0.03%
KIM	A	-0.03%
WU	F	-0.03%
FLEX	A	-0.03%
RSG	C	-0.03%
O	D	-0.02%
ANET	B	-0.02%
ORLY	B	-0.02%
MAN	F	-0.02%
HRL	D	-0.01%