LSEQ vs. HDGE ETF Comparison

Comparison of Harbor Long-Short Equity ETF (LSEQ) to Ranger Equity Bear Bear ETF (HDGE)

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

$29.23

Average Daily Volume

569

Number of Holdings ^*

154

* may have additional holdings in another (foreign) market

HDGE

Ranger Equity Bear Bear ETF

HDGE Description

The investment seeks capital appreciation through short sales of domestically traded equity securities. The Sub-Advisor seeks to achieve the fund's investment objective by short selling a portfolio of liquid mid- and large-cap U.S. exchange-traded equity securities, ETFs registered pursuant to the 1940 Act, ETNs and other ETPs. The Sub-Advisor implements a bottom-up, fundamental, research driven security selection process that seeks to identify securities with low earnings quality or aggressive accounting that may tend to mask operational deterioration and bolster the reported earnings per share over a short time period.

Grade (RS Rating)

Last Trade

$17.05

Average Daily Volume

81,012

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	LSEQ	HDGE
30 Days	3.94%	-6.02%
60 Days	6.12%	-9.24%
90 Days	6.93%	-8.17%
12 Months		-20.88%

3 Overlapping Holdings

Symbol	Grade	Weight in LSEQ	Weight in HDGE	Overlap
KSS	F	1.89%	-2.13%	-2.13%
SNPS	B	-1.79%	-1.78%	-1.79%
WSM	C	1.02%	-1.64%	-1.64%

LSEQ Overweight 151 Positions Relative to HDGE

Symbol	Grade	Weight
APP	B	3.65%
PLTR	B	2.91%
CVNA	B	2.27%
AAL	B	2.23%
VSCO	C	1.95%
CASY	A	1.91%
CCL	A	1.89%
HPE	B	1.85%
WMT	A	1.84%
USFD	A	1.82%
COST	A	1.77%
DOCS	C	1.75%
CPNG	D	1.66%
RGLD	C	1.66%
PLTK	B	1.55%
AXTA	B	1.54%
OGN	F	1.54%
BSX	A	1.52%
EXEL	B	1.49%
TMUS	B	1.49%
SPOT	B	1.46%
DECK	A	1.45%
BKNG	A	1.39%
ANET	C	1.39%
DOCU	B	1.38%
R	B	1.37%
PFE	F	1.26%
MTCH	D	1.22%
PRGO	C	1.21%
ZBRA	B	1.19%
RCL	A	1.19%
GDDY	A	1.19%
MUSA	B	1.16%
JWN	D	1.15%
KEX	B	1.13%
LIN	C	1.11%
LLY	F	1.11%
MSI	B	1.09%
KMI	A	1.08%
THC	D	1.07%
PKG	A	1.01%
RPM	A	0.99%
FTI	A	0.97%
T	A	0.96%
META	D	0.95%
PEGA	B	0.94%
TRGP	A	0.93%
NTAP	C	0.92%
TJX	A	0.92%
EHC	B	0.91%
TXRH	B	0.91%
NOW	A	0.9%
ECL	D	0.88%
FICO	B	0.88%
MANH	D	0.88%
AM	A	0.88%
DASH	B	0.87%
HLT	A	0.86%
COR	B	0.86%
DTM	A	0.86%
UBER	F	0.86%
OKE	A	0.84%
WMB	A	0.83%
NFLX	A	0.83%
GWRE	A	0.82%
FTNT	C	0.81%
IT	C	0.8%
FFIV	B	0.78%
AMCR	C	0.77%
EXP	B	0.77%
UAL	A	0.77%
ISRG	A	0.76%
GLW	B	0.76%
LPX	B	0.76%
TYL	B	0.76%
NTNX	B	0.75%
HCA	F	0.73%
ZM	C	0.73%
VST	A	0.73%
GMED	A	0.72%
NTRA	A	0.72%
ATR	B	0.72%
DUOL	A	0.72%
ROST	D	0.72%
LOW	C	0.71%
CAH	B	0.7%
COHR	B	0.7%
EBAY	D	0.69%
INCY	C	0.69%
PFGC	B	0.69%
TKO	A	0.69%
PANW	B	0.69%
UTHR	C	0.68%
SHW	B	0.68%
TTD	B	0.67%
JAZZ	B	0.67%
BURL	B	0.67%
BMY	B	0.67%
RBLX	C	0.67%
SO	C	0.67%
SYK	B	0.66%
AAPL	C	0.65%
ITCI	C	0.65%
HRB	D	0.65%
DELL	B	0.64%
NI	A	0.64%
RMD	C	0.63%
ILMN	C	0.63%
SMAR	B	0.61%
NRG	B	0.61%
OMC	C	0.57%
SMG	C	0.57%
AMGN	F	0.54%
IFF	D	0.54%
ALNY	D	0.52%
ABBV	F	0.52%
CEG	C	0.52%
BFAM	D	0.49%
SMCI	F	-1.15%
IDXX	F	-1.41%
SLB	C	-1.48%
WDAY	B	-1.49%
CIVI	D	-1.5%
CHRD	D	-1.53%
AAP	D	-1.55%
SNOW	B	-1.59%
ACHC	F	-1.61%
CABO	B	-1.62%
ALB	B	-1.65%
DG	F	-1.73%
APA	D	-1.74%
MEDP	D	-1.79%
LITE	B	-1.79%
DLTR	F	-1.82%
FANG	C	-1.83%
MSFT	D	-1.86%
U	C	-1.89%
DXCM	C	-1.89%
WFRD	D	-1.91%
MTN	C	-1.93%
GO	C	-1.94%
WING	D	-1.98%
AMZN	C	-1.99%
TXG	F	-2.0%
DV	C	-2.05%
CAR	C	-2.13%
WBA	F	-2.17%
MCK	A	-2.19%
FIVN	C	-2.29%
NFE	D	-2.39%
OVV	B	-2.47%

LSEQ Underweight 41 Positions Relative to HDGE

Symbol	Grade	Weight
CFLT	B	--1.04%
MAR	A	--1.06%
WGO	C	--1.11%
MCHP	F	--1.23%
FORM	D	--1.28%
JAMF	F	--1.38%
ROKU	D	--1.4%
ASAN	B	--1.43%
LKQ	F	--1.44%
ALGM	D	--1.45%
ALLY	C	--1.48%
NTST	C	--1.48%
NCNO	C	--1.51%
TTC	C	--1.54%
WK	B	--1.54%
CMA	B	--1.61%
IPGP	D	--1.65%
NDSN	B	--1.67%
VRSN	C	--1.69%
PVH	C	--1.71%
LGIH	F	--1.71%
MCFT	C	--1.75%
JACK	C	--1.76%
MRTN	D	--1.78%
PLAB	C	--1.8%
MTRN	C	--1.81%
VYX	B	--1.81%
STRA	C	--1.81%
CBRL	C	--1.83%
TPX	B	--1.84%
ZS	B	--1.91%
CACC	D	--1.93%
GOLF	B	--1.94%
HGV	C	--1.95%
BRZE	C	--1.95%
DAR	C	--2.0%
HUM	C	--2.05%
INFA	D	--2.16%
EPAM	B	--2.2%
DKNG	B	--2.2%
OZK	B	--2.27%