SMLL vs. PSCI ETF Comparison

Comparison of Harbor Active Small Cap ETF (SMLL) to PowerShares S&P SmallCap Industrials Portfolio (PSCI)

SMLL

Harbor Active Small Cap ETF

SMLL Description

The investment seeks daily investment results, before fees and expenses, of 200% of the daily performance of the Russell 2000® Index. The fund invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments, such as swap agreements, and securities of the index, ETFs that track the index and other financial instruments that provide daily leveraged exposure to the index or ETFs that track the index. The index measures the performance of approximately 2,000 small-cap companies in the Russell 3000® Index, based on a combination of their market capitalization and current index membership. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$20.44

Average Daily Volume

3,105

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PSCI

PowerShares S&P SmallCap Industrials Portfolio

PSCI Description

The PowerShares S&P SmallCap Industrials Portfolio (Fund) is based on the S&P SmallCap 600Â® Capped Industrials Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to measure the overall performance of common stocks of US industrial companies. These companies are principally engaged in the business of providing industrial products and services, including engineering, heavy machinery, construction, electrical equipment, aerospace and defense and general manufacturing. The Index is a subset of the S&P SmallCap 600Â® Index, which is a float-adjusted, market-capitalization-weighted index reflecting the US small-cap market. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$132.14

Average Daily Volume

4,221

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SMLL	PSCI
30 Days	0.32%	1.35%
60 Days	3.92%	7.40%
90 Days		7.77%
12 Months		33.29%

1 Overlapping Holdings

	Symbol	Grade	Weight in SMLL	Weight in PSCI	Overlap
	HAYW	A	1.99%	0.86%	0.86%

SMLL Overweight 39 Positions Relative to PSCI

Symbol	Grade	Weight
LBRT	F	6.11%
KNSL	F	4.91%
SSNC	D	4.88%
DOCS	A	4.44%
JBI	F	4.07%
PCTY	A	3.84%
RS	C	3.47%
FOUR	B	3.09%
WTFC	B	2.92%
ZG	C	2.76%
APAM	A	2.63%
ATR	A	2.5%
RLJ	F	2.42%
LYFT	C	2.15%
FRSH	C	2.07%
LSTR	F	1.9%
OSCR	C	1.9%
WRBY	A	1.77%
PLOW	F	1.77%
USPH	D	1.72%
PECO	A	1.67%
MORN	B	1.56%
MCRI	A	1.55%
NNN	D	1.48%
MC	D	1.43%
SAM	B	1.31%
FBIN	C	1.3%
EWCZ	C	1.29%
WSC	F	1.24%
QTWO	A	1.2%
NWE	D	1.17%
CHWY	C	1.15%
RL	A	1.09%
BECN	B	1.08%
RBC	D	1.06%
CMS	C	1.0%
TRUE	A	0.99%
REYN	F	0.79%
TMCI	D	0.61%

SMLL Underweight 92 Positions Relative to PSCI

Symbol	Grade	Weight
MLI	A	-3.81%
RHI	C	-2.85%
AVAV	B	-2.54%
CSWI	B	-2.51%
AWI	A	-2.45%
MDU	F	-2.41%
ALK	A	-2.36%
DY	D	-2.29%
MOG.A	B	-2.27%
BCC	D	-2.16%
FSS	F	-2.15%
ZWS	A	-2.12%
AL	C	-1.89%
ACA	A	-1.88%
MATX	A	-1.84%
VRRM	F	-1.78%
GTES	A	-1.7%
FELE	D	-1.64%
RXO	B	-1.59%
SKYW	A	-1.55%
KFY	B	-1.49%
JBT	A	-1.49%
GMS	A	-1.46%
GVA	A	-1.46%
ESE	B	-1.37%
RUSHA	A	-1.36%
ABM	A	-1.36%
RUN	C	-1.32%
BRC	D	-1.3%
NPO	F	-1.28%
REZI	C	-1.21%
TRN	C	-1.2%
UNF	D	-1.15%
HUBG	C	-1.1%
GFF	F	-1.06%
ARCB	F	-1.01%
EPAC	A	-1.0%
HNI	D	-1.0%
POWL	A	-0.98%
WERN	B	-0.95%
AZZ	C	-0.94%
AIN	F	-0.91%
JBLU	D	-0.88%
B	A	-0.88%
AIR	F	-0.88%
SXI	A	-0.86%
GEO	B	-0.85%
ROCK	D	-0.82%
KMT	B	-0.8%
HI	F	-0.79%
GBX	A	-0.78%
MYRG	C	-0.77%
ALG	C	-0.73%
KAR	D	-0.72%
TNC	F	-0.7%
MRCY	D	-0.69%
MLKN	F	-0.67%
APOG	A	-0.67%
VSTS	F	-0.66%
CXW	D	-0.62%
AMWD	B	-0.6%
NX	C	-0.57%
CSGS	B	-0.55%
SNDR	A	-0.54%
LNN	D	-0.54%
DNOW	D	-0.52%
NVEE	C	-0.47%
TGI	C	-0.46%
PBI	A	-0.45%
VICR	A	-0.44%
TILE	A	-0.43%
ALGT	A	-0.37%
MRTN	F	-0.37%
DLX	F	-0.34%
VVI	B	-0.34%
NVRI	F	-0.33%
HSII	A	-0.32%
HCSG	A	-0.32%
WNC	D	-0.32%
MATW	D	-0.29%
FWRD	C	-0.29%
ASTE	C	-0.29%
PRLB	B	-0.28%
KELYA	D	-0.26%
DXPE	C	-0.25%
IIIN	F	-0.22%
LQDT	C	-0.2%
HTLD	F	-0.2%
SNCY	A	-0.2%
NPK	F	-0.16%
HTZ	F	-0.15%
TWI	F	-0.14%