XBI vs. HAPS ETF Comparison

Comparison of SPDR S&P Biotech ETF (XBI) to Harbor Corporate Culture Small Cap ETF (HAPS)

XBI

SPDR S&P Biotech ETF

XBI Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the biotechnology segment of a U.S. total market composite index. In seeking to track the performance of the S&P Biotechnology Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the biotechnology industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$94.30

Average Daily Volume

8,465,460

Number of Holdings ^*

128

* may have additional holdings in another (foreign) market

HAPS

Harbor Corporate Culture Small Cap ETF

HAPS 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 200 small cap U.S. companies identified by Irrational Capital LLC those it believes to possess strong corporate culture based on its proprietary scoring methodology.

Grade (RS Rating)

Last Trade

$31.08

Average Daily Volume

121

Number of Holdings ^*

179

* may have additional holdings in another (foreign) market

Performance

Period	XBI	HAPS
30 Days	-4.04%	5.32%
60 Days	-7.18%	5.21%
90 Days	-7.09%	10.83%
12 Months	29.73%	25.09%

13 Overlapping Holdings

Symbol	Grade	Weight in XBI	Weight in HAPS	Overlap
ACLX	C	0.79%	1.89%	0.79%
AGIO	C	0.76%	1.55%	0.76%
CGEM	F	0.25%	0.23%	0.23%
IRWD	F	0.26%	0.49%	0.26%
KURA	F	0.24%	0.56%	0.24%
KYMR	D	0.45%	1.32%	0.45%
NTLA	F	0.58%	0.86%	0.58%
NUVL	C	0.6%	1.39%	0.6%
PTCT	B	0.64%	1.63%	0.64%
RGNX	D	0.12%	0.29%	0.12%
RYTM	C	0.61%	1.76%	0.61%
SAGE	F	0.11%	0.18%	0.11%
VERV	F	0.15%	0.21%	0.15%

XBI Overweight 115 Positions Relative to HAPS

Symbol	Grade	Weight
NTRA	A	3.3%
INCY	C	3.29%
GILD	C	2.9%
UTHR	C	2.88%
NBIX	C	2.62%
VRTX	D	2.62%
INSM	C	2.43%
ALNY	D	2.38%
ABBV	F	2.33%
AMGN	F	2.28%
SRPT	F	2.28%
BIIB	F	2.19%
MDGL	B	2.17%
EXAS	D	2.05%
VKTX	F	2.0%
BMRN	F	1.98%
REGN	F	1.8%
CYTK	F	1.79%
BPMC	B	1.69%
CRSP	D	1.63%
TGTX	B	1.62%
MRNA	F	1.57%
RVMD	C	1.46%
RNA	C	1.32%
KRYS	C	1.29%
HALO	F	1.27%
EXEL	B	1.23%
ADMA	B	1.23%
ROIV	C	1.18%
ALKS	C	1.13%
IONS	F	1.08%
TWST	F	0.93%
PCVX	D	0.9%
IOVA	F	0.88%
BBIO	F	0.87%
APLS	F	0.86%
GERN	D	0.86%
CRNX	C	0.84%
DYN	F	0.78%
ACAD	C	0.78%
SWTX	C	0.77%
BEAM	D	0.72%
RARE	F	0.69%
RXRX	F	0.66%
FOLD	F	0.63%
IMVT	F	0.62%
PTGX	D	0.58%
VERA	C	0.57%
MIRM	B	0.57%
ARWR	D	0.54%
IDYA	F	0.53%
VCYT	B	0.53%
JANX	C	0.51%
SRRK	C	0.49%
DVAX	C	0.49%
NVAX	F	0.47%
ARDX	F	0.47%
VCEL	B	0.46%
DNLI	D	0.46%
SNDX	F	0.44%
AKRO	B	0.43%
CGON	F	0.42%
ARQT	B	0.42%
BCRX	D	0.42%
CPRX	C	0.41%
KROS	D	0.36%
IRON	B	0.34%
MNKD	C	0.34%
CLDX	F	0.34%
NRIX	C	0.33%
SMMT	D	0.33%
VRDN	D	0.3%
RCKT	F	0.28%
DAWN	D	0.28%
MYGN	F	0.27%
TVTX	C	0.26%
CDNA	D	0.24%
XNCR	B	0.24%
APLT	C	0.22%
CDMO	A	0.22%
RCUS	F	0.2%
VIR	D	0.2%
EBS	C	0.2%
REPL	D	0.18%
HUMA	F	0.18%
ALT	C	0.18%
SPRY	C	0.18%
AVXL	B	0.17%
ARCT	F	0.17%
ANNX	F	0.16%
STOK	F	0.16%
ETNB	C	0.16%
MDXG	B	0.16%
COGT	D	0.16%
RLAY	F	0.14%
OLMA	F	0.13%
IMNM	F	0.13%
PRTA	F	0.13%
OCGN	F	0.12%
ANAB	F	0.12%
FDMT	F	0.12%
SANA	F	0.12%
ALLO	F	0.11%
CELC	F	0.11%
CCCC	F	0.1%
ERAS	C	0.1%
ORIC	F	0.09%
FATE	F	0.08%
SVRA	F	0.08%
ABUS	D	0.07%
KALV	F	0.07%
SCLX	F	0.06%
YMAB	F	0.06%
ITOS	F	0.06%
ALEC	F	0.04%

XBI Underweight 166 Positions Relative to HAPS

Symbol	Grade	Weight
AWI	A	-2.18%
CBT	D	-2.02%
PECO	A	-1.99%
MOG.A	B	-1.91%
EAT	A	-1.72%
APLE	B	-1.71%
LOPE	C	-1.58%
AVT	C	-1.53%
REZI	A	-1.42%
HLNE	B	-1.37%
HRI	C	-1.32%
TNL	A	-1.3%
KBH	D	-1.26%
NSA	C	-1.26%
GVA	A	-1.25%
TEX	F	-1.24%
OGS	A	-1.24%
KOS	D	-1.2%
PIPR	A	-1.17%
MC	C	-1.14%
TPG	A	-1.13%
SR	A	-1.11%
RDN	D	-1.1%
YETI	D	-1.02%
LBRT	D	-1.0%
POWL	C	-0.98%
CPA	D	-0.96%
SGRY	F	-0.95%
IVT	A	-0.94%
NSP	F	-0.9%
BROS	A	-0.9%
AIN	C	-0.8%
CAKE	C	-0.79%
PSMT	D	-0.78%
LAUR	A	-0.77%
BHF	C	-0.75%
FHB	B	-0.74%
ALTR	B	-0.74%
SXT	C	-0.73%
DK	C	-0.72%
UPWK	B	-0.71%
WD	D	-0.71%
HURN	C	-0.69%
STEP	C	-0.69%
ACIW	B	-0.68%
GSAT	C	-0.66%
TRIP	F	-0.64%
AUR	C	-0.62%
WAFD	B	-0.62%
BOX	B	-0.62%
APPF	B	-0.6%
TARS	C	-0.6%
WK	B	-0.57%
CCS	D	-0.57%
BFH	C	-0.57%
FRME	B	-0.56%
ALGT	B	-0.55%
PI	D	-0.55%
JBGS	F	-0.55%
CMPR	D	-0.54%
BANR	B	-0.54%
COLL	F	-0.51%
LGIH	F	-0.51%
MD	C	-0.5%
UPST	B	-0.5%
PLMR	A	-0.5%
TOWN	B	-0.49%
BKE	B	-0.49%
TROX	D	-0.49%
FLYW	B	-0.48%
EFSC	B	-0.47%
TRMK	C	-0.47%
FORM	D	-0.45%
FROG	C	-0.45%
WSBC	B	-0.44%
TDC	D	-0.44%
AESI	B	-0.44%
CASH	B	-0.43%
PRVA	C	-0.43%
ALRM	C	-0.43%
CRAI	C	-0.42%
SCSC	C	-0.41%
NNI	D	-0.4%
IDT	B	-0.4%
SCS	C	-0.39%
WGO	C	-0.39%
MCY	A	-0.38%
PRGS	A	-0.38%
SONO	C	-0.38%
LOB	C	-0.37%
CSTL	D	-0.35%
VERX	A	-0.35%
VBTX	B	-0.35%
AMN	F	-0.35%
KFRC	D	-0.35%
RPD	B	-0.34%
CENTA	C	-0.33%
UAA	C	-0.33%
HTH	C	-0.32%
PAR	A	-0.31%
ZETA	D	-0.31%
RYI	C	-0.3%
DOLE	D	-0.29%
VIAV	C	-0.29%
ENV	B	-0.28%
OXM	F	-0.28%
OPEN	F	-0.27%
EXPI	D	-0.27%
KOP	C	-0.27%
BRZE	C	-0.27%
DOCN	C	-0.26%
EXTR	C	-0.26%
OCFC	B	-0.26%
USNA	C	-0.25%
BZH	C	-0.25%
CARG	B	-0.25%
CALX	D	-0.24%
INTA	B	-0.23%
SPT	C	-0.23%
OBK	C	-0.22%
CSGS	B	-0.21%
SPTN	D	-0.21%
INFN	D	-0.2%
PSCF	B	-0.2%
SDGR	C	-0.19%
FWRG	C	-0.19%
PRA	C	-0.17%
CARS	C	-0.17%
BY	B	-0.17%
ARLO	C	-0.17%
ASAN	B	-0.17%
LMB	B	-0.17%
ALKT	B	-0.16%
AMCX	C	-0.16%
MBIN	F	-0.15%
ATEN	A	-0.15%
CERT	F	-0.15%
AGS	A	-0.14%
FC	F	-0.14%
COUR	F	-0.13%
VSAT	F	-0.12%
UDMY	D	-0.12%
GDYN	B	-0.12%
YEXT	B	-0.12%
HSTM	B	-0.11%
ALTG	C	-0.1%
BASE	B	-0.1%
NABL	F	-0.1%
RGP	F	-0.1%
HVT	D	-0.1%
ZIP	D	-0.09%
MITK	C	-0.09%
CHGG	C	-0.09%
BIGC	B	-0.08%
NEWT	C	-0.08%
ENFN	B	-0.08%
HCAT	D	-0.07%
IRBT	F	-0.06%
EB	C	-0.06%
SAVE	F	-0.05%
SEMR	C	-0.04%
HMST	F	-0.04%
GPRO	F	-0.04%
DOMO	B	-0.04%
VRA	C	-0.03%
RMAX	C	-0.03%