VUSE vs. HAPI ETF Comparison

Comparison of Vident Core US Equity ETF (VUSE) to Harbor Corporate Culture ETF (HAPI)

VUSE

Vident Core US Equity ETF

VUSE Description

The investment seeks to track the price and total return performance, before fees and expenses, of the Vident Core U.S. Equity Index (the "Strategy Index"). Under normal circumstances, at least 80% of the fund's total assets will be invested in the component securities of the Strategy Index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. Strategy Index construction begins by establishing an initial universe of U.S. equity securities of companies with a market capitalization greater than $500 million and meeting certain minimum liquidity requirements.

Grade (RS Rating)

Last Trade

$61.08

Average Daily Volume

12,197

Number of Holdings ^*

126

* may have additional holdings in another (foreign) market

HAPI

Harbor Corporate Culture ETF

HAPI Description

The fund invests at least 80% of its total assets in securities that are included in the index. The index consists of a modified market capitalization-weighted portfolio of equity securities of approximately 150 U.S. companies identified by Irrational Capital LLC ("Irrational Capital") as those the advisor believes to possess strong corporate culture based on its proprietary scoring methodology.

Grade (RS Rating)

Last Trade

$36.20

Average Daily Volume

5,644

Number of Holdings ^*

151

* may have additional holdings in another (foreign) market

Performance

Period	VUSE	HAPI
30 Days	5.99%	2.60%
60 Days	7.30%	4.98%
90 Days	9.69%	6.65%
12 Months	26.60%	35.11%

41 Overlapping Holdings

Symbol	Grade	Weight in VUSE	Weight in HAPI	Overlap
A	D	0.36%	0.2%	0.2%
AAPL	C	1.87%	5.25%	1.87%
ABNB	C	0.14%	0.49%	0.14%
ADBE	C	0.83%	0.74%	0.74%
ADP	B	1.02%	0.39%	0.39%
AMAT	F	1.02%	0.76%	0.76%
AMZN	C	2.68%	5.0%	2.68%
ANET	C	0.38%	0.27%	0.27%
BAC	A	1.97%	1.88%	1.88%
BKNG	A	1.54%	1.52%	1.52%
BSX	B	0.41%	1.15%	0.41%
CAT	B	0.72%	1.13%	0.72%
CRWD	B	0.31%	0.21%	0.21%
CVX	A	2.02%	2.07%	2.02%
FICO	B	0.69%	0.17%	0.17%
FTNT	C	0.81%	0.18%	0.18%
GOOGL	C	0.96%	3.2%	0.96%
GWW	B	0.56%	0.41%	0.41%
IT	C	0.5%	0.13%	0.13%
JNJ	D	1.76%	2.09%	1.76%
JPM	A	2.09%	3.99%	2.09%
KLAC	D	0.69%	0.25%	0.25%
KO	D	1.56%	0.93%	0.93%
LLY	F	0.81%	2.89%	0.81%
MA	C	2.08%	2.54%	2.08%
MAR	B	1.12%	0.68%	0.68%
META	D	0.97%	3.22%	0.97%
MO	A	1.0%	0.38%	0.38%
MSCI	C	0.48%	0.15%	0.15%
MSFT	F	1.8%	4.3%	1.8%
NFLX	A	1.44%	1.14%	1.14%
NKE	D	0.5%	0.33%	0.33%
NOW	A	0.65%	0.63%	0.63%
NVDA	C	1.84%	8.04%	1.84%
PANW	C	0.26%	0.34%	0.26%
PG	A	1.2%	1.56%	1.2%
RMD	C	0.5%	0.2%	0.2%
SNPS	B	1.16%	0.24%	0.24%
SPG	B	0.14%	0.31%	0.14%
WDAY	B	0.66%	0.16%	0.16%
ZTS	D	0.64%	0.46%	0.46%

VUSE Overweight 85 Positions Relative to HAPI

Symbol	Grade	Weight
ORCL	B	2.4%
V	A	2.17%
WMT	A	2.06%
HD	A	2.05%
XOM	B	1.89%
AVGO	D	1.72%
MRK	F	1.49%
MSI	B	1.33%
CMG	B	1.25%
ECL	D	1.16%
UBER	D	1.11%
T	A	1.1%
RDDT	B	1.04%
ABBV	D	1.01%
SBUX	A	0.98%
MCD	D	0.94%
TJX	A	0.93%
SHW	A	0.93%
POWL	C	0.87%
IDCC	A	0.8%
COST	B	0.78%
TMUS	B	0.78%
EME	C	0.77%
AMP	A	0.75%
IESC	B	0.74%
AYI	B	0.74%
PIPR	B	0.73%
SYK	C	0.73%
ITW	B	0.72%
CORT	B	0.7%
JXN	C	0.69%
EQH	B	0.66%
AMR	C	0.64%
CVLT	B	0.64%
EXEL	B	0.63%
PLTR	B	0.6%
EPAC	B	0.6%
CTAS	B	0.59%
NRG	B	0.58%
NYT	C	0.56%
FAST	B	0.56%
BOX	B	0.55%
PLMR	B	0.54%
UTHR	C	0.54%
EA	A	0.52%
TDG	D	0.52%
PAYX	C	0.51%
VST	B	0.5%
ERIE	D	0.5%
LSCC	D	0.5%
ODFL	B	0.5%
CASH	A	0.48%
YELP	C	0.48%
RMBS	C	0.47%
TREX	C	0.47%
DBRG	F	0.46%
QLYS	C	0.46%
JLL	D	0.46%
PLAB	C	0.46%
MTG	C	0.46%
SHO	C	0.45%
EOG	A	0.43%
DFIN	D	0.42%
JKHY	D	0.41%
MTD	D	0.39%
CRUS	D	0.37%
ON	D	0.37%
MANH	D	0.35%
OTTR	C	0.35%
CSL	C	0.35%
DOCU	A	0.29%
HCC	B	0.27%
ACLS	F	0.26%
NSSC	D	0.25%
DBX	B	0.24%
BMI	B	0.23%
VRSK	A	0.22%
TRIP	F	0.21%
PINS	D	0.2%
AOS	F	0.19%
MEDP	D	0.18%
APPF	B	0.15%
PSTG	D	0.13%
CMCSA	B	0.13%
SEIC	B	0.11%

VUSE Underweight 110 Positions Relative to HAPI

Symbol	Grade	Weight
GOOG	C	-2.81%
XLC	A	-1.59%
GE	D	-1.05%
MS	A	-1.02%
ISRG	A	-1.01%
HON	B	-0.95%
CRM	B	-0.94%
AXP	A	-0.91%
AMGN	D	-0.89%
BLK	C	-0.87%
PEP	F	-0.84%
LMT	D	-0.83%
PFE	D	-0.77%
MELI	D	-0.76%
CSCO	B	-0.75%
BX	A	-0.71%
AMD	F	-0.67%
DE	A	-0.67%
GILD	C	-0.65%
SO	D	-0.64%
TXN	C	-0.61%
FCX	D	-0.61%
DUK	C	-0.6%
IBM	C	-0.6%
HLT	A	-0.58%
INTU	C	-0.57%
WMB	A	-0.56%
PLD	D	-0.56%
QCOM	F	-0.56%
KKR	A	-0.5%
GEV	B	-0.48%
EQIX	A	-0.46%
NOC	D	-0.45%
CME	A	-0.44%
SLB	C	-0.38%
BDX	F	-0.36%
MDLZ	F	-0.35%
TRV	B	-0.33%
INTC	D	-0.32%
LULU	C	-0.31%
URI	B	-0.31%
CTVA	C	-0.31%
CL	D	-0.3%
CMI	A	-0.29%
DOW	F	-0.29%
DD	D	-0.29%
EBAY	D	-0.29%
LHX	C	-0.28%
OXY	D	-0.27%
EXPE	B	-0.26%
PWR	A	-0.26%
BKR	B	-0.26%
EXC	C	-0.26%
MRVL	B	-0.24%
CDNS	B	-0.24%
ED	D	-0.23%
DAL	C	-0.23%
EIX	B	-0.22%
EW	C	-0.21%
EXR	D	-0.2%
ADSK	A	-0.2%
STLD	B	-0.2%
BLDR	D	-0.19%
ACGL	D	-0.19%
HIG	B	-0.19%
KMB	D	-0.18%
ALNY	D	-0.17%
SPOT	B	-0.17%
F	C	-0.16%
AEE	A	-0.16%
NDAQ	A	-0.16%
DTE	C	-0.16%
GEHC	F	-0.15%
GIS	D	-0.15%
SYF	B	-0.15%
TTD	B	-0.15%
BRO	B	-0.14%
SBAC	D	-0.14%
STZ	D	-0.14%
CINF	A	-0.13%
TEAM	A	-0.13%
HPQ	B	-0.12%
PFG	D	-0.12%
CBOE	B	-0.12%
ARES	A	-0.12%
BAH	F	-0.11%
PHM	D	-0.11%
ESS	B	-0.11%
LII	A	-0.11%
HUBS	A	-0.1%
LUV	C	-0.1%
BR	A	-0.09%
HPE	B	-0.09%
ANSS	B	-0.09%
ROK	B	-0.09%
NTAP	C	-0.08%
BG	F	-0.08%
MOH	F	-0.08%
RBLX	C	-0.07%
DOC	D	-0.07%
CPT	B	-0.07%
ZBRA	B	-0.06%
FDS	B	-0.06%
BMRN	D	-0.06%
TRMB	B	-0.05%
TER	D	-0.05%
MDB	C	-0.05%
J	F	-0.05%
EPAM	C	-0.04%
BSY	D	-0.03%