LSEQ vs. BTAL ETF Comparison

Comparison of Harbor Long-Short Equity ETF (LSEQ) to QuantShares U.S. Market Neutral Anti Beta Fund ETF (BTAL)

LSEQ

Harbor Long-Short Equity ETF

LSEQ Description

Under normal market circumstances, the fund invests at least 80% of its net assets, plus borrowings for investment purposes, in long and short positions in equity securities. The fund advisor seeks to achieve the fund's investment objective by establishing long and/or short positions in equity securities.

Grade (RS Rating)

Last Trade

$28.06

Average Daily Volume

933

Number of Holdings ^*

156

* may have additional holdings in another (foreign) market

BTAL

QuantShares U.S. Market Neutral Anti Beta Fund ETF

BTAL Description

The investment seeks performance results that correspond to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Thematic Market Neutral Anti-Beta Index. The fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in common stock, including the short positions, in the Target Anti-Beta Index. The Target Anti-Beta Index is a market neutral index that is dollar-neutral. As such, it identifies long and short securities positions of approximately equal dollar amounts. In choosing to track a market neutral index, the fund seeks to limit the effects of general market movements on the fund.

Grade (RS Rating)

Last Trade

$19.84

Average Daily Volume

605,075

Number of Holdings ^*

391

* may have additional holdings in another (foreign) market

Performance

Period	LSEQ	BTAL
30 Days	3.27%	-0.60%
60 Days	2.67%	-1.68%
90 Days	5.77%	-3.13%
12 Months		-6.72%

54 Overlapping Holdings

Symbol	Grade	Weight in LSEQ	Weight in BTAL	Overlap
ABBV	A	0.61%	0.41%	0.41%
ALB	C	-1.55%	-0.47%	-1.55%
ALGN	F	-1.25%	-0.4%	-1.25%
AMCR	B	0.87%	0.42%	0.42%
AMGN	C	0.62%	0.42%	0.42%
ANET	B	1.56%	-0.48%	-0.48%
BMY	A	0.65%	0.47%	0.47%
CAR	C	-1.75%	-0.42%	-1.75%
CEG	B	0.65%	-0.59%	-0.59%
CI	F	0.72%	0.39%	0.39%
COR	D	0.86%	0.43%	0.43%
CVNA	A	1.85%	-0.55%	-0.55%
DASH	A	0.8%	-0.51%	-0.51%
DBX	B	1.31%	0.45%	0.45%
DECK	B	1.36%	0.37%	0.37%
DELL	A	0.64%	-0.47%	-0.47%
DKS	F	0.97%	-0.37%	-0.37%
EXP	B	0.8%	-0.5%	-0.5%
FFIV	A	0.73%	0.46%	0.46%
GLW	A	0.78%	0.47%	0.47%
HRB	D	0.69%	0.4%	0.4%
IBM	C	0.79%	0.47%	0.47%
IDXX	F	-1.58%	-0.41%	-1.58%
ILMN	B	0.69%	-0.46%	-0.46%
JAZZ	D	0.64%	0.4%	0.4%
KMI	A	1.01%	0.5%	0.5%
LITE	B	-1.57%	-0.49%	-1.57%
LPX	D	0.72%	-0.46%	-0.46%
LYFT	C	-1.96%	-0.51%	-1.96%
MSFT	D	-1.38%	0.43%	-1.38%
MSI	C	1.09%	0.47%	0.47%
MTDR	D	-1.55%	-0.39%	-1.55%
MUSA	C	1.08%	0.38%	0.38%
NEM	D	1.46%	0.4%	0.4%
NRG	A	0.58%	-0.46%	-0.46%
NTRA	D	0.62%	-0.42%	-0.42%
PATH	D	2.16%	-0.42%	-0.42%
PENN	A	1.73%	-0.43%	-0.43%
PKG	A	0.97%	0.46%	0.46%
PLTR	B	1.91%	-0.61%	-0.61%
RBLX	A	0.54%	-0.41%	-0.41%
RMD	B	0.66%	-0.44%	-0.44%
SHW	D	0.72%	-0.44%	-0.44%
SMCI	F	-2.04%	-0.38%	-2.04%
T	A	0.95%	0.48%	0.48%
TJX	D	0.93%	0.41%	0.41%
TMUS	B	1.44%	0.48%	0.48%
TXRH	A	0.86%	0.46%	0.46%
UBER	C	0.96%	-0.47%	-0.47%
USFD	A	1.79%	-0.45%	-0.45%
UTHR	A	0.71%	0.43%	0.43%
VST	B	0.68%	-0.64%	-0.64%
VZ	D	0.61%	0.43%	0.43%
XPO	A	-1.41%	-0.41%	-1.41%

LSEQ Overweight 102 Positions Relative to BTAL

Symbol	Grade	Weight
JWN	B	2.32%
APP	A	2.04%
PLTK	A	2.0%
EXEL	A	1.9%
CASY	A	1.89%
WMT	A	1.81%
COST	D	1.77%
PRGO	D	1.67%
DOCS	B	1.56%
BSX	B	1.55%
VSCO	A	1.51%
LLY	D	1.4%
R	A	1.3%
DOCU	B	1.3%
BKNG	A	1.25%
LIN	C	1.23%
SPOT	A	1.2%
ZBRA	A	1.18%
DVA	D	1.15%
WSM	F	1.14%
THC	C	1.14%
KEX	C	1.13%
REGN	F	1.11%
GDDY	A	1.1%
TSCO	D	1.07%
ATI	F	1.06%
GPK	C	1.06%
RCL	A	1.06%
NTAP	D	1.02%
RPM	B	1.01%
META	B	1.01%
MANH	C	1.01%
FTI	B	0.94%
ECL	C	0.94%
UHS	D	0.94%
GEN	A	0.93%
EHC	A	0.92%
AM	C	0.9%
APPF	D	0.88%
HCA	D	0.88%
HLT	B	0.84%
IT	C	0.83%
NOW	B	0.83%
FICO	B	0.82%
PEGA	A	0.82%
GWRE	B	0.82%
ROST	F	0.79%
TRGP	A	0.78%
TYL	A	0.77%
WMB	A	0.77%
OKE	A	0.76%
LOW	B	0.76%
EBAY	D	0.75%
DTM	A	0.75%
ATR	A	0.74%
SO	B	0.73%
WING	F	0.72%
RGLD	B	0.71%
NFLX	A	0.71%
ISRG	B	0.7%
AAPL	C	0.69%
PANW	B	0.69%
CAH	D	0.68%
BURL	D	0.67%
GMED	B	0.67%
ALNY	C	0.67%
IFF	D	0.67%
WLK	F	0.65%
BFAM	C	0.64%
OMC	B	0.64%
RARE	D	0.63%
IQV	F	0.63%
SMAR	A	0.63%
NI	A	0.63%
SYK	C	0.62%
AVTR	F	0.59%
ACHC	F	-1.12%
MTN	F	-1.3%
DG	F	-1.34%
AMZN	B	-1.41%
WDAY	F	-1.44%
WST	B	-1.47%
CABO	D	-1.5%
SLB	F	-1.54%
CIVI	F	-1.54%
SNOW	C	-1.54%
WFRD	F	-1.57%
CHRD	F	-1.61%
AAP	F	-1.66%
SNPS	B	-1.78%
DXCM	C	-1.78%
CDNS	C	-1.81%
FIVN	D	-1.85%
LAD	A	-1.93%
GO	F	-1.95%
MLM	A	-2.01%
SHC	C	-2.07%
APA	F	-2.12%
S	B	-2.2%
DV	F	-2.25%
PR	F	-2.36%
NCLH	A	-2.6%

LSEQ Underweight 337 Positions Relative to BTAL

Symbol	Grade	Weight
MSTR	A	-0.72%
CACI	A	-0.51%
BWXT	B	-0.51%
WH	A	-0.5%
SFM	A	-0.5%
TRV	B	-0.5%
SNA	A	-0.5%
IBKR	A	-0.5%
MDU	B	-0.49%
WEN	B	-0.49%
GILD	A	-0.49%
ORLY	C	-0.49%
UNM	A	-0.49%
HQY	B	-0.49%
CHH	A	-0.48%
LPLA	A	-0.48%
TDY	B	-0.48%
SBRA	A	-0.48%
MKL	C	-0.48%
TGNA	B	-0.48%
ALSN	A	-0.47%
CDP	B	-0.47%
CSCO	B	-0.47%
CME	A	-0.47%
SAIC	B	-0.47%
PCAR	C	-0.47%
WELL	A	-0.47%
RNR	C	-0.47%
CCK	B	-0.46%
CW	B	-0.46%
KR	B	-0.46%
LULU	C	-0.46%
XEL	A	-0.46%
ED	C	-0.46%
PCTY	A	-0.46%
THG	B	-0.46%
RYAN	C	-0.46%
PAYX	B	-0.46%
AEE	B	-0.46%
PNM	B	-0.46%
ACN	C	-0.45%
EDR	A	-0.45%
RTX	C	-0.45%
AXS	C	-0.45%
DRI	C	-0.45%
DOX	B	-0.45%
SIGI	D	-0.45%
CMG	D	-0.45%
DUK	C	-0.45%
CB	C	-0.45%
ALL	C	-0.45%
OHI	A	-0.45%
FTNT	B	-0.45%
ZI	C	-0.45%
ARMK	B	-0.45%
WEC	B	-0.45%
CMS	C	-0.45%
HIG	C	-0.45%
LNT	B	-0.45%
RLI	B	-0.45%
ADC	C	-0.44%
AON	A	-0.44%
CINF	B	-0.44%
LNG	A	-0.44%
PAYC	A	-0.44%
DD	D	-0.44%
BILL	A	-0.44%
CBOE	A	-0.44%
PNW	D	-0.44%
HEI	D	-0.44%
CFLT	A	-0.44%
BRO	B	-0.44%
NEU	F	-0.44%
EQR	D	-0.44%
ROP	D	-0.44%
BKR	A	-0.44%
ADP	A	-0.44%
CLH	C	-0.44%
X	C	-0.44%
AVB	C	-0.44%
MKC	D	-0.43%
SLGN	A	-0.43%
CHE	F	-0.43%
WM	A	-0.43%
HON	C	-0.43%
XOM	C	-0.43%
NOC	D	-0.43%
MTCH	C	-0.43%
JNPR	A	-0.43%
NWL	A	-0.43%
PGR	D	-0.43%
DLB	C	-0.43%
CHD	D	-0.43%
WRB	C	-0.43%
AKAM	C	-0.43%
L	C	-0.43%
GD	C	-0.43%
MCD	C	-0.43%
O	C	-0.43%
CF	D	-0.43%
REG	C	-0.43%
RGA	D	-0.43%
FOXA	A	-0.43%
JNJ	D	-0.43%
VRSN	F	-0.43%
EG	F	-0.43%
DGX	A	-0.43%
HPQ	C	-0.43%
CHRW	C	-0.43%
FLO	F	-0.42%
AIZ	D	-0.42%
KBR	B	-0.42%
VTRS	C	-0.42%
WPC	F	-0.42%
KHC	D	-0.42%
CSX	D	-0.42%
SNX	C	-0.42%
AVT	B	-0.42%
ERIE	D	-0.42%
YUM	D	-0.42%
ELS	C	-0.42%
ASGN	F	-0.42%
VICI	D	-0.42%
BWA	C	-0.42%
ARW	D	-0.42%
PFE	D	-0.42%
ORI	C	-0.42%
GLPI	D	-0.42%
OLLI	C	-0.41%
MMC	D	-0.41%
RSG	D	-0.41%
MCK	F	-0.41%
CTSH	D	-0.41%
GIS	D	-0.41%
WTW	A	-0.41%
ACGL	D	-0.41%
G	D	-0.41%
MOH	D	-0.4%
VFC	A	-0.4%
KO	D	-0.4%
COLM	C	-0.4%
UNH	D	-0.4%
FMC	B	-0.4%
CXT	F	-0.4%
CPB	D	-0.4%
LMT	D	-0.4%
FOXF	F	-0.4%
SRPT	D	-0.4%
MSM	F	-0.4%
J	D	-0.4%
BG	F	-0.39%
FANG	F	-0.39%
FCN	F	-0.39%
TXT	F	-0.39%
MSA	F	-0.39%
ST	F	-0.39%
MOS	B	-0.39%
PAG	F	-0.39%
ON	D	-0.39%
WTM	B	-0.38%
OXY	F	-0.38%
TNET	F	-0.38%
MAN	F	-0.37%
DVN	F	-0.37%
MUR	F	-0.36%
ELV	F	-0.34%
BMRN	F	-0.33%
CNC	F	-0.33%
GPC	F	-0.33%
HUM	F	-0.32%
AZO	C	-0.32%
AGL	F	-0.27%
SEDG	F	--0.26%
CNXC	F	--0.28%
BRZE	F	--0.29%
RUN	D	--0.29%
MRNA	F	--0.29%
ENPH	F	--0.29%
NTLA	F	--0.3%
TXG	F	--0.3%
RIVN	F	--0.31%
ELF	F	--0.31%
OPEN	F	--0.32%
COTY	F	--0.34%
GH	D	--0.34%
ELAN	D	--0.35%
TER	F	--0.35%
ALLY	D	--0.35%
CELH	F	--0.35%
MKSI	F	--0.36%
ARWR	F	--0.36%
RIG	D	--0.36%
RKT	D	--0.36%
KMX	F	--0.37%
MPWR	F	--0.37%
DINO	F	--0.38%
CWEN	B	--0.39%
NVCR	F	--0.39%
CHX	F	--0.39%
CRL	F	--0.39%
CNM	D	--0.39%
LRCX	F	--0.39%
EFX	D	--0.39%
AMKR	F	--0.39%
PLD	F	--0.4%
FND	F	--0.4%
RMBS	C	--0.4%
RGEN	F	--0.4%
DAR	B	--0.4%
CC	F	--0.41%
APG	C	--0.41%
CSGP	F	--0.41%
POWI	D	--0.41%
TGT	F	--0.41%
ZS	C	--0.41%
BBWI	F	--0.41%
TREX	B	--0.42%
GTLS	D	--0.42%
AES	F	--0.42%
CE	F	--0.42%
KSS	F	--0.42%
AGNC	D	--0.42%
BLD	F	--0.42%
THO	D	--0.42%
SHLS	F	--0.42%
EL	F	--0.42%
WMS	F	--0.42%
AXTA	A	--0.43%
TFX	F	--0.43%
ROIV	D	--0.43%
GME	C	--0.43%
CRSP	D	--0.43%
OC	B	--0.43%
CFG	A	--0.43%
WBA	C	--0.43%
AWK	D	--0.43%
SSD	F	--0.43%
TROW	C	--0.44%
BLDR	F	--0.44%
NWE	D	--0.44%
HHH	B	--0.44%
PEN	A	--0.44%
LNC	A	--0.44%
ARE	F	--0.44%
UGI	C	--0.44%
CARR	D	--0.44%
PINS	C	--0.44%
AMD	F	--0.44%
EW	D	--0.44%
F	D	--0.44%
SEE	B	--0.45%
VEEV	C	--0.45%
AVGO	B	--0.45%
ITT	C	--0.45%
WAL	D	--0.45%
W	F	--0.45%
PNFP	A	--0.45%
AR	F	--0.45%
Z	D	--0.45%
DKNG	F	--0.45%
FCX	D	--0.45%
RF	A	--0.45%
OZK	B	--0.45%
COIN	D	--0.45%
SAIA	A	--0.46%
JHG	A	--0.46%
ZION	A	--0.46%
TOL	C	--0.46%
ROKU	D	--0.46%
USB	B	--0.46%
RRC	D	--0.46%
DNLI	D	--0.46%
MGM	D	--0.46%
RYN	C	--0.46%
GNRC	B	--0.46%
JLL	A	--0.47%
NET	B	--0.47%
PWR	B	--0.47%
SQ	B	--0.47%
NVDA	B	--0.47%
D	B	--0.47%
WCC	A	--0.47%
SNV	A	--0.47%
MU	C	--0.47%
SNAP	B	--0.47%
LAMR	B	--0.48%
DAY	A	--0.48%
FBIN	C	--0.48%
NVT	A	--0.48%
MDB	F	--0.48%
INTC	D	--0.48%
TT	C	--0.48%
TRU	C	--0.48%
PFGC	B	--0.48%
TTD	A	--0.49%
KRC	B	--0.49%
ETN	B	--0.49%
EXPE	B	--0.49%
EQT	B	--0.49%
PYPL	B	--0.49%
CMA	A	--0.49%
URI	B	--0.5%
CBRE	A	--0.5%
NTRS	A	--0.5%
CZR	C	--0.5%
IOT	B	--0.5%
FOUR	B	--0.5%
CRWD	C	--0.5%
SCHW	B	--0.5%
KKR	B	--0.51%
MRVL	B	--0.51%
BXP	B	--0.51%
TDOC	C	--0.52%
COHR	B	--0.52%
BX	B	--0.52%
SMG	B	--0.53%
LYV	A	--0.53%
RH	B	--0.53%
PODD	B	--0.53%
AA	B	--0.53%
TSLA	A	--0.53%
CCL	A	--0.53%
WOLF	D	--0.53%
TOST	A	--0.53%
AXON	B	--0.54%
FYBR	B	--0.54%
CG	B	--0.54%
VNO	B	--0.55%
HOOD	B	--0.55%
PTON	A	--0.55%
AFRM	A	--0.56%
DUOL	A	--0.57%
DAL	A	--0.58%
OWL	B	--0.58%
VRT	B	--0.59%
TPG	A	--0.59%
SOFI	A	--0.61%