Select Investor Profilechevron

What type of investor are you?

Individual Investor
Institutional Investor
phone iconContact

Harbor Human Capital Factor US Small Cap ETF (HAPS)

Linking strong corporate culture and potential equity value in the small cap arena.

Harbor Human Capital Factor US Small Cap ETF (HAPS)

Linking strong corporate culture and potential equity value in the small cap arena.

Welcome
Overview
Performance
Holdings
Investment Team
Documents
chevron

Request a Call


Locate Your Harbor Consultant
INSTITUTIONAL INVESTORS ONLY: Please enter your zip code to locate an Investment Consultant.

Research Suggests That Doing the Right Thing Pays.

  • Harbor Capital has partnered with Irrational Capital to develop a data-driven strategy built on the Human Capital Factor.
  • What is the Human Capital Factor? It’s a systematic measure of corporate culture that seeks to deeply understand the importance and value created between human capital and potential equity performance. In other words, the Human Capital Factor is based on the premise that happy and motivated employees can generate better outcomes for companies and investors.
  • HAPS offers exposure to small capitalization companies with strong Human Capital Factor scores while constraining sectors to enhance overall diversification.

Investment Solutions Built on the Human Capital Factor®

The Human Capital Factor® (HCF®) seeks to quantify levels of motivation and engagement of a company's workforce in an effort to capture the powerful connection between human capital and stock performance. HCF® scores are applied in the construction of the following products:

Currently Viewing
|Small Cap ETF|
Tracks the Human Capital Factor Small Cap Index

Index designed to deliver exposure to equity securities of small cap U.S. companies

Fund includes approximately 200 stocks as determined by the HCF® within HAPS universe

Market Cap-Weighted Positions

Sector Neutral to Index
|Unconstrained ETF|
Tracks the Human Capital Factor Unconstrained Index

Index designed to deliver exposure to equity securities of large cap U.S. companies

Fund includes top 70-100 stocks as determined by the HCF®

Equal-Weighted

No Sector Limits
|Large Cap ETF|
Tracks the CIBC Human Capital Index

Index designed to deliver exposure to equity securities of 500 largest U.S. companies

Fund includes approximately 150 stocks as determined by the HCF® within HAPI universe

Market Cap-Weighted Positions

Sector Neutral to Index

Related Funds to Consider

Overview

Investment Team
Harbor Capital Advisors, Inc. dark blue logo on white background

Current Price

As of 10/29/2024

$29.48

Price (NAV)

$0.03

NAV Daily Change ($)

0.10%

NAV Daily Change (%)

4.61%

NAV YTD Return

Fund Facts

As of 10/29/2024

4/12/2023

Inception Date

0.60

Expense Ratio (%)
disclaimer

$134.001

Total Net Assets (million)

4,550,000

Shares Outstanding
(As of 10/29/2024)

HAPS

Ticker

41151J851

Cusip

NYSE

Exchange

US41151J8514

ISIN

Foreside Fund Services, LLC

Distributor
disclaimer

Annually

Dividend Frequency

Small Cap Blend

Morningstar Category

CIBC Human Capital Factor Small Cap Index

Benchmark

615,008

Implied Liquidity™ (Shares)
disclaimer

$18,112,475.76

Implied Liquidity
disclaimer

Investment Objective:

The Fund seeks to provide investment results that correspond, before fees and expenses, to the performance of the Human Capital Factor Small Cap Index (the “Index”).

Pricing/Trading

As of 10/28/2024

$29.48

Bid/Ask Mid Price

$29.49

Closing Market Price

$0.03

Premium/Discount ($)

0.10%

Premium/Discount (%)

 

2023

Q1 2024

Q2 2024

Q3 2024

Q4 2024

YTD

Days Traded at a Premium8742345920155
Days Traded at a Discount9418295052

0.21%

30-Day Median Bid/Ask Spread

1,425

Exchange Volume (Shares)

USD

Trading Currency

Historical Premium Discount to NAV

No Data Available

Performance

Total Returns

Quarter-End

3 Mo.

YTD Return

1 Yr.

Since Fund Inception

Net Expense Ratio

Gross Expense Ratio

Human Capital Factor US Small Cap ETF - at NAV
9.67%
4.26%
21.22%
12.85%
0.60%disclaimer
0.60%
Market Price
9.78%
4.33%
21.39%
12.93%
--
--
Human Capital Factor Small Cap Index
9.80%
4.78%
22.06%
13.58%
--
--
Russell 2000® Index
9.27%
11.17%
26.76%
18.63%
--
--

Performance data shown represents past performance and is no guarantee of future results. Short term performance, in particular, is not a good indication of the fund’s future performance, and an investment should not be made based solely on returns. Past performance is net of management fees and expenses and reflects reinvested dividends and distributions. Past performance reflects the beneficial effect of any expense waivers or reimbursements, without which returns would have been lower. Investment returns and principal value will fluctuate and when redeemed may be worth more or less than their original cost. Returns for periods less than one year are not annualized. Current performance may be higher or lower and is available through the most recent month end at harborcapital.com or by calling 800-422-1050.

The Human Capital Factor Small Cap Index is designed to deliver exposure to equity securities of U.S. companies that possess strong human capital, based on proprietary scoring methodology produced by Irrational Capital LLC. This unmanaged index does not reflect fees and expenses and is not available for direct investment.

The Russell 2000® Index measures the performance of the small-cap segment of the US equity universe. It is a subset of the Russell 3000® and includes approximately 2000 of the smallest securities based on a combination of their market cap and current index membership. The Russell 2000® Index and Russell® are trademarks of Frank Russell Company.

Chart

Ex-Date

Record Date

Payable Date

Ordinary Income

Short Term Capital Gains

Long Term Capital Gains

Total Distribution

12/21/2023
12/22/2023
12/27/2023
0.11815
--
--
0.11815

Holdings

Portfolio Characteristics

As of 9/30/2024

186

Number of Holdings

3394.3

Wtd Avg Market Cap ($Mil)

3.2

Price/Book Ratio

19.2

Adjusted Trailing P/E Ratio

29.4

% EPS Growth - Past 3 Yr

9.1

Return on Equity (%)

18.1

Forecasted P/E Ratio

Top Ten Holdings

As of 10/28/2024

Company Name [Ticker]

% of Net Assets

CABOT CORP[CBT]
2.1
ARMSTRONG WORLD INDUSTRIES[AWI]
2.1
PHILLIPS EDISON & COMPANY IN[PECO]
2.0
MOOG INC-CLASS A[MOG/A]
1.8
ARCELLX INC[ACLX]
1.8
APPLE HOSPITALITY REIT INC[APLE]
1.7
AVNET INC[AVT]
1.6
PTC THERAPEUTICS INC[PTCT]
1.6
RHYTHM PHARMACEUTICALS INC[RYTM]
1.5
BRINKER INTERNATIONAL INC[EAT]
1.5
% of Total Holdings:
17.7%

This information should not be considered as a recommendation to purchase or sell a particular security. The weightings, holdings, industry, sector, countries mentioned may change at any time and may not represent current or future investments.

As of 10/28/2024

Company Name [Ticker]

Category Name

Country

Cusip

Shares

Current Price ($)

Market Value ($)

% of Net Assets

CABOT CORP [CBT]
EQUITY
127055101
26,095
110.26
2,877,234.70
2.1
ARMSTRONG WORLD INDUSTRIES [AWI]
EQUITY
04247X102
20,041
137.30
2,751,629.30
2.1
PHILLIPS EDISON & COMPANY IN [PECO]
EQUITY
71844V201
72,288
36.68
2,651,523.84
2.0
MOOG INC-CLASS A [MOG/A]
EQUITY
615394202
12,375
193.37
2,392,953.75
1.8
ARCELLX INC [ACLX]
EQUITY
03940C100
27,950
84.99
2,375,470.50
1.8
APPLE HOSPITALITY REIT INC [APLE]
EQUITY
03784Y200
154,313
15.10
2,330,126.30
1.7
AVNET INC [AVT]
EQUITY
053807103
40,488
54.41
2,202,952.08
1.6
PTC THERAPEUTICS INC [PTCT]
EQUITY
69366J200
54,217
40.48
2,194,704.16
1.6
RHYTHM PHARMACEUTICALS INC [RYTM]
EQUITY
76243J105
41,540
49.43
2,053,322.20
1.5
BRINKER INTERNATIONAL INC [EAT]
EQUITY
109641100
20,830
97.73
2,035,715.90
1.5
NUVALENT INC-A [NUVL]
EQUITY
670703107
21,640
92.69
2,005,811.60
1.5
KYMERA THERAPEUTICS INC [KYMR]
EQUITY
501575104
40,436
49.08
1,984,598.88
1.5
TEREX CORP [TEX]
EQUITY
880779103
33,247
55.46
1,843,878.62
1.4
HERC HOLDINGS INC [HRI]
EQUITY
42704L104
8,539
214.60
1,832,469.40
1.4
HAMILTON LANE INC-CLASS A [HLNE]
EQUITY
407497106
9,958
182.61
1,818,430.38
1.4
AGIOS PHARMACEUTICALS INC [AGIO]
EQUITY
00847X104
39,304
46.08
1,811,128.32
1.4
KB HOME [KBH]
EQUITY
48666K109
22,607
80.01
1,808,786.07
1.3
NATIONAL STORAGE AFFILIATES [NSA]
EQUITY
637870106
41,988
43.02
1,806,323.76
1.3
GRAND CANYON EDUCATION INC [LOPE]
EQUITY
38526M106
13,460
133.40
1,795,564.00
1.3
ONE GAS INC [OGS]
EQUITY
68235P108
23,600
73.69
1,739,084.00
1.3
TPG INC [TPG]
EQUITY
872657101
24,158
68.26
1,649,025.08
1.2
TRAVEL + LEISURE CO [TNL]
EQUITY
894164102
33,855
48.51
1,642,306.05
1.2
KOSMOS ENERGY LTD [KOS]
EQUITY
500688106
409,849
3.98
1,631,199.02
1.2
SURGERY PARTNERS INC [SGRY]
EQUITY
86881A100
53,790
29.79
1,602,404.10
1.2
RESIDEO TECHNOLOGIES INC [REZI]
EQUITY
76118Y104
78,761
20.28
1,597,273.08
1.2
SPIRE INC [SR]
EQUITY
84857L101
23,669
65.27
1,544,875.63
1.2
RADIAN GROUP INC [RDN]
EQUITY
750236101
45,026
34.11
1,535,836.86
1.1
GRANITE CONSTRUCTION INC [GVA]
EQUITY
387328107
18,429
82.18
1,514,495.22
1.1
PIPER SANDLER COS [PIPR]
EQUITY
724078100
4,976
289.32
1,439,656.32
1.1
LIBERTY ENERGY INC [LBRT]
EQUITY
53115L104
81,307
17.54
1,426,124.78
1.1
MOELIS & CO - CLASS A [MC]
EQUITY
60786M105
20,928
67.04
1,403,013.12
1.0
INSPERITY INC [NSP]
EQUITY
45778Q107
16,775
79.41
1,332,102.75
1.0
YETI HOLDINGS INC [YETI]
EQUITY
98585X104
37,040
35.84
1,327,513.60
1.0
COPA HOLDINGS SA-CLASS A [CPA]
EQUITY
P31076105
13,052
101.19
1,320,731.88
1.0
INTELLIA THERAPEUTICS INC [NTLA]
EQUITY
45826J105
79,659
16.34
1,301,628.06
1.0
INVENTRUST PROPERTIES CORP [IVT]
EQUITY
46124J201
43,793
29.46
1,290,141.78
1.0
POWELL INDUSTRIES INC [POWL]
EQUITY
739128106
4,608
259.44
1,195,499.52
0.9
PRICESMART INC [PSMT]
EQUITY
741511109
12,447
91.15
1,134,544.05
0.8
AURORA INNOVATION INC [AUR]
EQUITY
051774107
161,187
6.85
1,104,130.95
0.8
SENSIENT TECHNOLOGIES CORP [SXT]
EQUITY
81725T100
13,109
79.21
1,038,363.89
0.8
WALKER & DUNLOP INC [WD]
EQUITY
93148P102
9,277
111.88
1,037,910.76
0.8
ALTAIR ENGINEERING INC - A [ALTR]
EQUITY
021369103
10,074
102.00
1,027,548.00
0.8
ALBANY INTL CORP-CL A [AIN]
EQUITY
012348108
13,969
72.25
1,009,260.25
0.8
BRIGHTHOUSE FINANCIAL INC [BHF]
EQUITY
10922N103
20,667
48.78
1,008,136.26
0.8
CHEESECAKE FACTORY INC/THE [CAKE]
EQUITY
163072101
23,249
43.25
1,005,519.25
0.8
DUTCH BROS INC-CLASS A [BROS]
EQUITY
26701L100
27,128
35.90
973,895.20
0.7
TRIPADVISOR INC [TRIP]
EQUITY
896945201
61,662
15.67
966,243.54
0.7
FIRST HAWAIIAN INC [FHB]
EQUITY
32051X108
38,070
24.95
949,846.50
0.7
STEPSTONE GROUP INC-CLASS A [STEP]
EQUITY
85914M107
14,953
61.58
920,805.74
0.7
JBG SMITH PROPERTIES [JBGS]
EQUITY
46590V100
50,511
18.16
917,279.76
0.7
DELEK US HOLDINGS INC [DK]
EQUITY
24665A103
53,141
17.13
910,305.33
0.7
LAUREATE EDUCATION INC [LAUR]
EQUITY
518613203
59,200
15.33
907,536.00
0.7
IMPINJ INC [PI]
EQUITY
453204109
4,241
205.63
872,076.83
0.7
ACI WORLDWIDE INC [ACIW]
EQUITY
004498101
17,309
49.56
857,834.04
0.6
KURA ONCOLOGY INC [KURA]
EQUITY
50127T109
47,550
17.73
843,061.50
0.6
CENTURY COMMUNITIES INC [CCS]
EQUITY
156504300
9,151
91.32
835,669.32
0.6
UPWORK INC [UPWK]
EQUITY
91688F104
65,874
12.57
828,036.18
0.6
COLLEGIUM PHARMACEUTICAL INC [COLL]
EQUITY
19459J104
23,528
35.13
826,538.64
0.6
HURON CONSULTING GROUP INC [HURN]
EQUITY
447462102
7,901
104.14
822,810.14
0.6
AMN HEALTHCARE SERVICES INC [AMN]
EQUITY
001744101
20,504
40.00
820,160.00
0.6
WAFD INC [WAFD]
EQUITY
938824109
23,603
34.70
819,024.10
0.6
BOX INC - CLASS A [BOX]
EQUITY
10316T104
25,473
32.01
815,390.73
0.6
TRONOX HOLDINGS PLC [TROX]
EQUITY
G9087Q102
63,943
12.36
790,335.48
0.6
APPFOLIO INC - A [APPF]
EQUITY
03783C100
3,602
210.37
757,752.74
0.6
CIMPRESS PLC [CMPR]
EQUITY
G2143T103
9,447
77.13
728,647.11
0.5
BREAD FINANCIAL HOLDINGS INC [BFH]
EQUITY
018581108
14,199
51.25
727,698.75
0.5
TARSUS PHARMACEUTICALS INC [TARS]
EQUITY
87650L103
18,213
39.67
722,509.71
0.5
LGI HOMES INC [LGIH]
EQUITY
50187T106
6,804
104.61
711,766.44
0.5
IRONWOOD PHARMACEUTICALS INC [IRWD]
EQUITY
46333X108
168,071
4.15
697,494.65
0.5
FORMFACTOR INC [FORM]
EQUITY
346375108
15,793
44.07
695,997.51
0.5
ZETA GLOBAL HOLDINGS CORP-A [ZETA]
EQUITY
98956A105
25,088
27.05
678,630.40
0.5
TERADATA CORP [TDC]
EQUITY
88076W103
21,067
32.13
676,882.71
0.5
FIRST MERCHANTS CORP [FRME]
EQUITY
320817109
18,202
37.16
676,386.32
0.5
BANNER CORPORATION [BANR]
EQUITY
06652V208
10,360
65.02
673,607.20
0.5
WORKIVA INC [WK]
EQUITY
98139A105
8,571
78.53
673,080.63
0.5
ALLEGIANT TRAVEL CO [ALGT]
EQUITY
01748X102
10,134
63.80
646,549.20
0.5
TOWNE BANK [TOWN]
EQUITY
89214P109
19,462
33.10
644,192.20
0.5
PALOMAR HOLDINGS INC [PLMR]
EQUITY
69753M105
6,794
90.97
618,050.18
0.5
ATLAS ENERGY SOLUTIONS INC [AESI]
EQUITY
642045108
30,866
20.02
617,937.32
0.5
PEDIATRIX MEDICAL GROUP INC [MD]
EQUITY
58502B106
47,741
12.86
613,949.26
0.5
TRUSTMARK CORP [TRMK]
EQUITY
898402102
17,454
34.93
609,668.22
0.5
BUCKLE INC/THE [BKE]
EQUITY
118440106
14,099
43.11
607,807.89
0.5
ENTERPRISE FINANCIAL SERVICE [EFSC]
EQUITY
293712105
11,189
53.32
596,597.48
0.4
CRA INTERNATIONAL INC [CRAI]
EQUITY
12618T105
3,089
192.31
594,045.59
0.4
JFROG LTD [FROG]
EQUITY
M6191J100
20,239
29.32
593,407.48
0.4
NELNET INC-CL A [NNI]
EQUITY
64031N108
5,116
113.66
581,484.56
0.4
ALARM.COM HOLDINGS INC [ALRM]
EQUITY
011642105
10,174
54.63
555,805.62
0.4
UPSTART HOLDINGS INC [UPST]
EQUITY
91680M107
10,482
51.98
544,854.36
0.4
WESBANCO INC [WSBC]
EQUITY
950810101
17,376
31.33
544,390.08
0.4
GLOBALSTAR INC [GSAT]
EQUITY
378973408
492,523
1.10
541,775.30
0.4
IDT CORP-CLASS B [IDT]
EQUITY
448947507
11,457
46.94
537,791.58
0.4
FLYWIRE CORP-VOTING [FLYW]
EQUITY
302492103
31,311
17.17
537,609.87
0.4
SCANSOURCE INC [SCSC]
EQUITY
806037107
11,670
45.45
530,401.50
0.4
PATHWARD FINANCIAL INC [CASH]
EQUITY
59100U108
7,533
70.39
530,247.87
0.4
PROGRESS SOFTWARE CORP [PRGS]
EQUITY
743312100
8,006
64.70
517,988.20
0.4
STEELCASE INC-CL A [SCS]
EQUITY
858155203
40,883
12.59
514,716.97
0.4
SONOS INC [SONO]
EQUITY
83570H108
39,354
13.06
513,963.24
0.4
CASTLE BIOSCIENCES INC [CSTL]
EQUITY
14843C105
15,748
32.40
510,235.20
0.4
WINNEBAGO INDUSTRIES [WGO]
EQUITY
974637100
9,070
55.60
504,292.00
0.4
PRIVIA HEALTH GROUP INC [PRVA]
EQUITY
74276R102
28,108
17.73
498,354.84
0.4
MERCURY GENERAL CORP [MCY]
EQUITY
589400100
7,299
67.84
495,164.16
0.4
RAPID7 INC [RPD]
EQUITY
753422104
11,913
40.55
483,072.15
0.4
KFORCE INC [KFRC]
EQUITY
493732101
8,372
55.68
466,152.96
0.3
VERITEX HOLDINGS INC [VBTX]
EQUITY
923451108
16,649
27.78
462,509.22
0.3
DOLE PLC [DOLE]
EQUITY
G27907107
27,523
16.33
449,450.59
0.3
CALIX INC [CALX]
EQUITY
13100M509
11,382
39.47
449,247.54
0.3
LIVE OAK BANCSHARES INC [LOB]
EQUITY
53803X105
10,823
40.85
442,119.55
0.3
CENTRAL GARDEN AND PET CO-A [CENTA]
EQUITY
153527205
14,723
29.51
434,475.73
0.3
HILLTOP HOLDINGS INC [HTH]
EQUITY
432748101
13,871
31.31
434,301.01
0.3
VERTEX INC - CLASS A [VERX]
EQUITY
92538J106
9,832
42.46
417,466.72
0.3
UNDER ARMOUR INC-CLASS A [UAA]
EQUITY
904311107
47,360
8.73
413,452.80
0.3
OPENDOOR TECHNOLOGIES INC [OPEN]
EQUITY
683712103
211,410
1.87
395,336.70
0.3
RYERSON HOLDING CORP [RYI]
EQUITY
783754104
17,472
22.62
395,216.64
0.3
SAGE THERAPEUTICS INC [SAGE]
EQUITY
78667J108
45,896
8.54
391,951.84
0.3
OXFORD INDUSTRIES INC [OXM]
EQUITY
691497309
5,092
76.38
388,926.96
0.3
ENVESTNET INC [ENV]
EQUITY
29404K106
6,180
62.71
387,547.80
0.3
DIGITALOCEAN HOLDINGS INC [DOCN]
EQUITY
25402D102
9,455
40.89
386,614.95
0.3
VIAVI SOLUTIONS INC [VIAV]
EQUITY
925550105
41,207
9.25
381,164.75
0.3
EXP WORLD HOLDINGS INC [EXPI]
EQUITY
30212W100
27,796
12.97
360,514.12
0.3
PAR TECHNOLOGY CORP/DEL [PAR]
EQUITY
698884103
5,944
59.86
355,807.84
0.3
KOPPERS HOLDINGS INC [KOP]
EQUITY
50060P106
10,140
34.81
352,973.40
0.3
SPARTANNASH CO [SPTN]
EQUITY
847215100
16,407
21.27
348,976.89
0.3
CULLINAN THERAPEUTICS INC [CGEM]
EQUITY
230031106
21,489
16.15
347,047.35
0.3
REGENXBIO INC [RGNX]
EQUITY
75901B107
36,275
9.38
340,259.50
0.3
USANA HEALTH SCIENCES INC [USNA]
EQUITY
90328M107
8,903
37.30
332,081.90
0.2
OCEANFIRST FINANCIAL CORP [OCFC]
EQUITY
675234108
17,916
18.30
327,862.80
0.2
BRAZE INC-A [BRZE]
EQUITY
10576N102
10,542
30.83
325,009.86
0.2
EXTREME NETWORKS INC [EXTR]
EQUITY
30226D106
22,654
14.25
322,819.50
0.2
BEAZER HOMES USA INC [BZH]
EQUITY
07556Q881
10,154
31.75
322,389.50
0.2
VERVE THERAPEUTICS INC [VERV]
EQUITY
92539P101
53,822
5.94
319,702.68
0.2
CARGURUS INC [CARG]
EQUITY
141788109
9,935
31.59
313,846.65
0.2
SPROUT SOCIAL INC - CLASS A [SPT]
EQUITY
85209W109
11,041
27.10
299,211.10
0.2
ORIGIN BANCORP INC [OBK]
EQUITY
68621T102
8,938
31.88
284,943.44
0.2
INFINERA CORP [INFN]
EQUITY
45667G103
41,948
6.74
282,729.52
0.2
INTAPP INC [INTA]
EQUITY
45827U109
5,571
50.46
281,112.66
0.2
INVESCO S&P SMALLCAP FINANCI [PSCF]
EQUITY
46138E156
4,724
56.289
265,911.13
0.2
CSG SYSTEMS INTL INC [CSGS]
EQUITY
126349109
5,301
47.41
251,320.41
0.2
FIRST WATCH RESTAURANT GROUP [FWRG]
EQUITY
33748L101
14,234
17.59
250,376.06
0.2
SCHRODINGER INC [SDGR]
EQUITY
80810D103
13,136
18.37
241,308.32
0.2
ALKAMI TECHNOLOGY INC [ALKT]
EQUITY
01644J108
6,146
38.77
238,280.42
0.2
ARLO TECHNOLOGIES INC [ARLO]
EQUITY
04206A101
21,249
10.99
233,526.51
0.2
MERCHANTS BANCORP/IN [MBIN]
EQUITY
58844R108
5,075
43.89
222,741.75
0.2
VIASAT INC [VSAT]
EQUITY
92552V100
21,528
10.33
222,384.24
0.2
FRANKLIN COVEY CO [FC]
EQUITY
353469109
5,468
39.97
218,555.96
0.2
BYLINE BANCORP INC [BY]
EQUITY
124411109
7,678
27.84
213,755.52
0.2
PROASSURANCE CORP [PRA]
EQUITY
74267C106
13,839
15.37
212,705.43
0.2
LIMBACH HOLDINGS INC [LMB]
EQUITY
53263P105
2,751
77.31
212,679.81
0.2
CERTARA INC [CERT]
EQUITY
15687V109
20,263
10.42
211,140.46
0.2
CARS.COM INC [CARS]
EQUITY
14575E105
12,806
16.15
206,816.90
0.2
ASANA INC - CL A [ASAN]
EQUITY
04342Y104
17,070
12.00
204,840.00
0.2
AMC NETWORKS INC-A [AMCX]
EQUITY
00164V103
23,962
8.26
197,926.12
0.1
PLAYAGS INC [AGS]
EQUITY
72814N104
16,583
11.61
192,528.63
0.1
COURSERA INC [COUR]
EQUITY
22266M104
26,583
7.24
192,460.92
0.1
A10 NETWORKS INC [ATEN]
EQUITY
002121101
12,624
14.56
183,805.44
0.1
UDEMY INC [UDMY]
EQUITY
902685106
20,548
8.26
169,726.48
0.1
GRID DYNAMICS HOLDINGS INC [GDYN]
EQUITY
39813G109
9,924
16.04
159,180.96
0.1
YEXT INC [YEXT]
EQUITY
98585N106
22,127
7.06
156,216.62
0.1
N-ABLE INC [NABL]
EQUITY
62878D100
12,480
12.42
155,001.60
0.1
SPIRIT AIRLINES INC [SAVE]
EQUITY
848577102
52,145
2.87
149,656.15
0.1
HAVERTY FURNITURE [HVT]
EQUITY
419596101
6,153
24.21
148,964.13
0.1
HEALTHSTREAM INC [HSTM]
EQUITY
42222N103
4,618
28.95
133,691.10
0.1
RESOURCES CONNECTION INC [RGP]
EQUITY
76122Q105
15,864
8.31
131,829.84
0.1
ALTA EQUIPMENT GROUP INC [ALTG]
EQUITY
02128L106
18,649
6.70
124,948.30
0.1
CHEGG INC [CHGG]
EQUITY
163092109
72,218
1.71
123,492.78
0.1
ADTRAN HOLDINGS INC [ADTN]
EQUITY
00486H105
19,017
6.36
120,948.12
0.1
ZIPRECRUITER INC-A [ZIP]
EQUITY
98980B103
12,834
9.18
117,816.12
0.1
MITEK SYSTEMS INC [MITK]
EQUITY
606710200
13,369
8.71
116,443.99
0.1
COUCHBASE INC [BASE]
EQUITY
22207T101
7,007
16.46
115,335.22
0.1
ENFUSION INC - CLASS A [ENFN]
EQUITY
292812104
11,953
9.16
109,489.48
0.1
IROBOT CORP [IRBT]
EQUITY
462726100
12,147
8.56
103,978.32
0.1
NEWTEKONE INC [NEWT]
EQUITY
652526203
7,584
13.56
102,839.04
0.1
TABOOLA.COM LTD [TBLA]
EQUITY
M8744T106
27,047
3.57
96,557.79
0.1
HEALTH CATALYST INC [HCAT]
EQUITY
42225T107
11,830
7.93
93,811.90
0.1
BIGCOMMERCE HOLDINGS-SER 1 [BIGC]
EQUITY
08975P108
17,276
5.42
93,635.92
0.1
XPERI INC [XPER]
EQUITY
98423J101
8,952
9.52
85,223.04
0.1
EVENTBRITE INC-CLASS A [EB]
EQUITY
29975E109
23,623
3.12
73,703.76
0.1
HOMESTREET INC [HMST]
EQUITY
43785V102
4,604
14.29
65,791.16
0.0
GOPRO INC-CLASS A [GPRO]
EQUITY
38268T103
45,230
1.37
61,965.10
0.0
RE/MAX HOLDINGS INC-CL A [RMAX]
EQUITY
75524W108
4,270
12.34
52,691.80
0.0
DOMO INC - CLASS B [DOMO]
EQUITY
257554105
6,437
8.10
52,139.70
0.0
SEMRUSH HOLDINGS INC-A [SEMR]
EQUITY
81686C104
3,914
12.93
50,608.02
0.0
VERA BRADLEY INC [VRA]
EQUITY
92335C106
7,259
5.33
38,690.47
0.0
MULTIPLAN CORP [MPLN]
EQUITY
62548M209
2,405
10.21
24,555.05
0.0
INVESCO S&P SMALLCAP ENERGY [PSCE]
EQUITY
46138G474
356
48.49
17,262.44
0.0
Total
--
--
--
--
--
134,045
100.0
Cash and Other Assets Less Liabilities
--
--
--
--
--
--
0.0
Total Net Assets
--
--
--
--
--
--
100%

As of 9/30/2024

Human Capital Factor US Small Cap ETF (HAPS)

Human Capital Factor Small Cap Index

-

Health Care

HAPS: 17.4%

Benchmark: 17.4%

-

Financials

HAPS: 16.7%

Benchmark: 16.7%

-

Industrials

HAPS: 16.3%

Benchmark: 16.3%

-

Information Technology

HAPS: 14.8%

Benchmark: 14.8%

-

Consumer Discretionary

HAPS: 12.8%

Benchmark: 12.8%

-

Real Estate

HAPS: 7.5%

Benchmark: 7.5%

-

Materials

HAPS: 4.2%

Benchmark: 4.2%

-

Energy

HAPS: 3.6%

Benchmark: 3.6%

-

Utilities

HAPS: 2.5%

Benchmark: 2.5%

-

Communication Services

HAPS: 2.2%

Benchmark: 2.2%

-

Consumer Staples

HAPS: 2.0%

Benchmark: 2.0%

-

Cash

HAPS: 0.0%

Benchmark: NaN%

HAPS: Human Capital Factor US Small Cap ETF

Benchmark: Human Capital Factor Small Cap Index

Investment Team


Harbor Capital Advisors, Inc. dark blue logo on white background

The Fund employs an indexing investment approach designed to track the performance of the CIBC Human Capital Factor Small Cap Index (“The Index”). 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 (“Irrational Capital”) as those it believes to possess strong corporate culture based on its proprietary scoring methodology. The Index was developed by the Canadian Imperial Bank of Commerce (CIBC, the “Index Provider”).

Harbor Capital serves as the investment adviser.


Documents

Important Information

Investing involves risk, principal loss is possible. Unlike mutual funds, ETFs may trade at a premium or discount to their net asset value. Harbor ETFs are new and have limited operating history to judge.

Shares are bought and sold at market price not net asset value (NAV). Market price returns are based upon the closing composite market price and do not represent the returns you would receive if you traded shares at other times.

There is no guarantee that the investment objective of the Fund will be achieved. Stock markets are volatile and equity values can decline significantly in response to adverse issuer, political, regulatory, market and economic conditions. Stocks of small cap companies pose special risks, including possible illiquidity and greater price volatility than stocks of larger, more established companies. The Fund may not exactly track the performance of the Index with perfect accuracy at all times. Tracking error may occur because of pricing differences, timing and costs incurred by the fund or during times of heightened market volatility. The Fund relies on the Index provider's methodology in assessing whether a company may be considered a corporate culture leader. There is no guarantee that the construction methodology will accurately assess a company to include or exclude it from the index which could have an adverse effect on the Fund's returns. The Fund's assets may be concentrated in a particular sector or industries to the extent the Index is concentrated and is subject to the risk that economic, political, or other market conditions that have a negative effect on that sector or industry will negatively impact the value of the Fund. The Fund’s assets may be concentrated in a particular sector, industry or group of industries to the extent the Index is so concentrated and could subject the Fund to the risk that economic, political or other conditions that have a negative effect on the Fund. There can be no assurance that the Fund will grow to or maintain an economically viable size, in which case the Board of Trustees may determine to liquidate the Fund.

CIBC is a third-party index provider to the Harbor Corporate Culture Small Cap ETF.

Bid/Ask Mid Price: the midpoint between the highest bid and the lowest offer, as of the time that the Fund’s NAV is calculated, typically 4 p.m. Eastern Time.

Premium/Discount ($): the difference between the Fund’s market price and NAV, expressed as a percentage of NAV. A premium is the amount that the Fund is trading above the reported NAV. A discount is the amount that the Fund is trading below the reported NAV.

30-Day Median Bid/Ask Spread: calculated by identifying national best bid and national best offer ("NBBO") for each fund as of the end of each 10 second interval during each trading day of the last 30 calendar days and dividing the difference between each such bid and offer by the midpoint of the NBBO. The median of those values is identified and that value is expressed as a percentage (rounded to the nearest hundredth).

Weighted Average Market Capitalization: The average size of the companies in a portfolio or index as measured by the market value of outstanding shares.

Price/Book: The price-to-book (P/B) ratio evaluates a firm's market value relative to its book value.

Adjusted Trailing P/E Ratio: The Adjusted Trailing P/E (Price/Earnings) Ratio is the closing stock price divided by the sum of the last 12 months actual EPS.

% EPS Growth – Past 3 year: Earnings per share refers to the bottom-line measure of a company’s profitability defined as net income divided by the number of outstanding shares.

Return on Equity: Return on equity (ROE) is a measure of financial performance calculated by dividing net income by shareholders' equity.

Forecasted P/E Ratio: a measure of the P/E (price-to-earnings) ratio using forecasted earnings for the P/E calculation.

3616875

Blue Background

Connect with us | LinkedIn Logo IconLinktree icon to podcast media links

Harbor Funds Distributors, Inc. is the Distributor of the Harbor Mutual Funds.
Foreside Fund Services, LLC is the Distributor of the Harbor ETFs.
FINRA Brokercheck logo in white color

Investing involves risk and the potential loss of capital.

Investors should carefully consider the investment objectives, risks, charges and expenses of a fund before investing. To obtain a summary prospectus or prospectus for this and other information, click here or call 800-422-1050. Read it carefully before investing.

All trademarks or product names mentioned herein are the property of their respective owners. Copyright © 2024 Harbor Capital Advisors, Inc. All rights reserved.