LSEQ vs. CRUZ ETF Comparison

Comparison of Harbor Long-Short Equity ETF (LSEQ) to Defiance Hotel, Airline, and Cruise ETF (CRUZ)

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

$26.44

Average Daily Volume

311

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

CRUZ

Defiance Hotel, Airline, and Cruise ETF

CRUZ Description

The investment seeks to track the total return performance, before fees and expenses, of the BlueStar Global Hotels, Airlines, and Cruises Index (the “index”). The index is a rules-based index that consists of globally-listed stocks of companies that derive at least 50% of their revenues from the passenger airline, hotel and resort, or cruise industries (“Travel Companies”) as determined by MV Index Solutions. Under normal circumstances, the fund invests at least 80% of its net assets (plus borrowings for investment purposes) in Travel Companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$21.80

Average Daily Volume

11,678

Number of Holdings ^*

29

* may have additional holdings in another (foreign) market

Performance

Period	LSEQ	CRUZ
30 Days	-3.39%	-1.33%
60 Days	-1.68%	-0.93%
90 Days	3.04%	2.20%
12 Months		17.26%

1 Overlapping Holdings

	Symbol	Grade	Weight in LSEQ	Weight in CRUZ	Overlap
	NCLH	F	2.41%	2.07%	2.07%

LSEQ Overweight 9 Positions Relative to CRUZ

	Symbol	Grade	Weight
	AGL	F	3.74%
	WBD	F	2.79%
	MRNA	B	2.71%
	MP	C	2.68%
	SHC	F	2.67%
	ZI	D	2.66%
	PENN	F	2.55%
	RCM	F	2.53%
	NFE	F	2.41%

LSEQ Underweight 28 Positions Relative to CRUZ

	Symbol	Grade	Weight
	DAL	A	-7.93%
	HLT	D	-7.85%
	MAR	D	-7.65%
	RCL	A	-7.48%
	CCL	F	-5.13%
	UAL	B	-3.61%
	IHG	D	-3.28%
	LUV	F	-2.69%
	HST	D	-2.54%
	AAL	D	-2.29%
	HTHT	B	-2.1%
	RHP	D	-1.5%
	WH	D	-1.42%
	ALK	C	-1.39%
	CHH	C	-1.21%
	H	D	-1.2%
	PK	D	-0.86%
	SKYW	B	-0.82%
	APLE	F	-0.73%
	CPA	D	-0.69%
	JBLU	F	-0.58%
	SHO	D	-0.57%
	RLJ	D	-0.53%
	DRH	D	-0.49%
	PEB	D	-0.39%
	SVC	F	-0.38%
	ALGT	F	-0.31%
	SAVE	F	-0.24%

LSEQ: Top Represented Industries & Keywords

Industries: Biotechnology Diagnostics & Research Entertainment Health Information Services Leisure Medical Care Facilities Other Industrial Metals & Mining Resorts & Casinos Software - Application Utilities - Regulated Gas

Keywords: S&P 500 Nasdaq 100 Advisory Services Biology Cancer Cancer Vaccine Casino Coronavirus Cruise Lines Cruise Ship Defense Systems E Mobility Electric Vehicle Electromagnetism Gambling Games Hawaii Health Information Exchange Healthcare Practitioners Healthcare Service

CRUZ: Top Represented Industries & Keywords

Industries: Airlines REIT - Hotel & Motel Lodging Leisure

Keywords: S&P 500 Aviation Hospitality Industry Real Estate Investment Trust Airline Hotel Opentravel Alliance Air Transportation Hotel Chains Tourism Travel Air Transportation Services Cruise Lines Franchising Hawaii Low Cost Carriers Marriott International Real Estate Market Airbus A320 Family Airport