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Harbor Health Care ETF (MEDI)

Ribbon Description

Built on a rich history of Health Care Investing

NAV as of 9/25/2026
$32.80
NAV Daily Change
-$0.12 ↓
NAV YTD Return
4.36% ↑
Net Expense Ratio (%)
0.80
Total Net Assets (million) as of 9/28/2026
$41.817
Benchmark
Russell 3000® Growth Health Care Index

Why Invest in MEDI?

Health care costs have increased over time, while forecasts signal continued upward trend looking ahead. A broader shift towards value‑based approaches within health care is likely needed, with emphasis on lower costs of care and improved patient outcomes. This may enable opportunities for health care companies best positioned to facilitate transition towards value over quantity.

In addition, health care is home to other disruptive themes such as targeted oncology, liquid biopsy, gene therapy, orphan diseases, and others that may represent compelling long‑term growth opportunities.

The investment team behind MEDI seeks to construct a portfolio capable of benefiting from the secular growth and innovation of the U.S. health care system, while achieving alpha relative to the broader Health Care sector by investing in quality businesses with differentiated products, technologies, and services which meet the team's disciplined valuation criteria.

Investment Team

Westfield Capital Management

Learn More

As of 9/25/2026

$32.80

Price (NAV)

-$0.12

NAV Daily Change ($)

-0.36%

NAV Daily Change (%)

4.36%

NAV YTD Return

$32.79

Market Price

-$0.17

Market Daily Change ($)

-0.52%

Market Daily Change (%)

4.26%

Market YTD Return

As of 9/25/2026

11/16/2022

Inception Date

0.80

Expense Ratio (%)

$41.817

Total Net Assets (million)

1,275,000

Shares Outstanding
(As of 9/28/2026)

MEDI

Ticker

41151J869

Cusip

NYSE Arca

Exchange

US41151J896

ISIN

Foreside Fund Services, LLC

Distributor

Annually

Dividend Frequency

Health

Morningstar Category

Russell 3000® Growth Health Care Index

Benchmark

8,386,635

Implied Liquidity™ (Shares)

$276,089,785.39

Implied Liquidity

Investment Objective:

The Fund seeks long-term growth of capital.

As of 9/25/2026

$32.80

Bid/Ask Mid Price

$32.79

Closing Market Price

-$0.00

Premium/Discount ($)

-0.01%

Premium/Discount (%)
2025
Q1 2026
Q2 2026
Q3 2026
YTD
Days Traded at a Premium
186
7
5
3
15
Days Traded at a Discount
64
54
57
58
169

0.18%

30-Day Median Bid/Ask Spread

2,251

Exchange Volume (Shares)

USD

Trading Currency

Historical Premium Discount to NAV

No Data Available

Health care is a sector that we are very passionate about, and one in which we have a strong history.

Matthew R. Renna

Partner, Portfolio Manager, Westfield Capital Management Company L.P.

Performance

Select an option

Loading Performance Data...

3 Mo.
YTD Return
1 Yr.
3 Yr.
Since Fund Inception
Net Expense Ratio
Gross Expense Ratio
Health Care ETF - at NAV
15.30%
7.64%
27.53%
15.62%
16.70%
0.80%
0.80%
Market Price
15.46%
7.60%
27.48%
15.60%
16.92%
--
--
Russell 3000 Growth Health Care Index
15.17%
4.90%
27.08%
13.49%
13.03%
--
--

Performance data shown represents past performance and is no guarantee of future results. Fund 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 Russell 3000® Growth Health Care Index is an unmanaged index generally representative of companies involved in medical services or health care in the Russell 3000 Index, which is comprised of the 3,000 largest U.S. companies as determined by total market capitalization. This unmanaged index does not reflect fees and expenses and is not available for direct investment.

Select an option

Ex-Date
Record Date
Payable Date
Ordinary Income
Short Term Capital Gains
Long Term Capital Gains
Total Distribution
12/18/2025
12/18/2025
12/23/2025
0.01246
--
0.06269
0.07515
12/19/2024
12/19/2024
12/25/2024
0.09709
--
0.03746
0.13455
12/20/2023
12/21/2023
12/26/2023
0.16429
0.29701
--
0.46130
12/20/2022
12/21/2022
12/26/2022
--
--
--
0.00000

Holdings

As of 8/31/2026

45

Number of Holdings

256530.3

Wtd Avg Market Cap ($Mil)

13.11

Price/Book Ratio

37.2

Adjusted Trailing P/E Ratio

35.4

% EPS Growth - Past 3 Yr

12.6

Return on Equity (%)

22.9

Forecasted P/E Ratio

As of 9/24/2026

Company Name [Ticker]
% of Net Assets
ELI LILLY & CO[LLY]
22.2
ASCENDIS PHARMA A/S[ASND]
15.3
ARGENX SE - ADR[ARGX]
4.3
RHYTHM PHARMACEUTICALS INC[RYTM]
3.9
NATERA INC[NTRA]
3.1
INSMED INC[INSM]
3.0
GILEAD SCIENCES INC[GILD]
2.8
ABBVIE INC[ABBV]
2.6
GUARDANT HEALTH INC[GH]
2.5
VAXCYTE INC[PCVX]
2.3
% of Total Holdings:
62.0%

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

As of 9/24/2026

Company Name [Ticker]
Category Name
Country
Cusip
Shares
Current Price ($)
Market Value ($)
% of Net Assets
ELI LILLY & CO [LLY]
EQUITY
532457108
7,883
1,181.89
9,316,838.87
22.2
ASCENDIS PHARMA A/S [ASND]
EQUITY
04351P101
27,818
230.70
6,417,612.60
15.3
ARGENX SE - ADR [ARGX]
EQUITY
04016X101
1,864
962.22
1,793,578.08
4.3
RHYTHM PHARMACEUTICALS INC [RYTM]
EQUITY
76243J105
16,680
98.31
1,639,810.80
3.9
NATERA INC [NTRA]
EQUITY
632307104
3,218
408.79
1,315,486.22
3.1
INSMED INC [INSM]
EQUITY
457669307
10,341
121.55
1,256,948.55
3.0
GILEAD SCIENCES INC [GILD]
EQUITY
375558103
7,945
149.69
1,189,287.05
2.8
ABBVIE INC [ABBV]
EQUITY
00287Y109
4,168
265.12
1,105,020.16
2.6
GUARDANT HEALTH INC [GH]
EQUITY
40131M109
5,849
176.45
1,032,056.05
2.5
VAXCYTE INC [PCVX]
EQUITY
92243G108
17,103
56.90
973,160.70
2.3
INSULET CORP [PODD]
EQUITY
45784P101
6,678
135.78
906,738.84
2.2
DANAHER CORP [DHR]
EQUITY
235851102
4,043
223.77
904,702.11
2.2
REVOLUTION MEDICINES INC [RVMD]
EQUITY
76155X100
4,504
199.86
900,169.44
2.1
MCKESSON CORP [MCK]
EQUITY
58155Q103
974
869.36
846,756.64
2.0
CENCORA INC [COR]
EQUITY
03073E105
2,616
309.87
810,619.92
1.9
IDEXX LABORATORIES INC [IDXX]
EQUITY
45168D104
1,432
513.39
735,174.48
1.8
UNITED THERAPEUTICS CORP [UTHR]
EQUITY
91307C102
1,486
472.21
701,704.06
1.7
ABIVAX SA-ADR [ABVX]
EQUITY
00370M103
7,139
94.87
677,276.93
1.6
HEALTHEQUITY INC [HQY]
EQUITY
42226A107
6,934
88.60
614,352.40
1.5
MERCK & CO. INC. [MRK]
EQUITY
58933Y105
3,993
147.98
590,884.14
1.4
PTC THERAPEUTICS INC [PTCT]
EQUITY
69366J200
9,394
62.28
585,058.32
1.4
INDIVIOR PHARMACEUTICALS INC [INDV]
EQUITY
45579U109
15,323
36.00
551,628.00
1.3
UNITEDHEALTH GROUP INC [UNH]
EQUITY
91324P102
1,382
375.01
518,263.82
1.2
LEGEND BIOTECH CORP-ADR [LEGN]
EQUITY
52490G102
25,319
19.06
482,580.14
1.1
VERTEX PHARMACEUTICALS INC [VRTX]
EQUITY
92532F100
851
522.38
444,545.38
1.1
GLAUKOS CORP [GKOS]
EQUITY
377322102
2,811
154.88
435,367.68
1.0
MADRIGAL PHARMACEUTICALS INC [MDGL]
EQUITY
558868105
817
513.21
419,292.57
1.0
IRHYTHM HOLDINGS INC [IRTC]
EQUITY
450056106
3,750
110.80
415,500.00
1.0
ADAPTIVE BIOTECHNOLOGIES [ADPT]
EQUITY
00650F109
13,280
29.57
392,689.60
0.9
RADNET INC [RDNT]
EQUITY
750491102
5,146
71.31
366,961.26
0.9
XENON PHARMACEUTICALS INC [XENE]
EQUITY
98420N105
9,636
38.06
366,746.16
0.9
VIATRIS INC [VTRS]
EQUITY
92556V106
19,903
17.42
346,710.26
0.8
PRAXIS PRECISION MEDICINES I [PRAX]
EQUITY
74006W207
1,221
281.79
344,065.59
0.8
IONIS PHARMACEUTICALS INC [IONS]
EQUITY
462222100
7,303
43.81
319,944.43
0.8
AXSOME THERAPEUTICS INC [AXSM]
EQUITY
05464T104
1,517
196.03
297,377.51
0.7
SPYRE THERAPEUTICS INC [SYRE]
EQUITY
00773J202
3,337
87.09
290,619.33
0.7
ORUKA THERAPEUTICS INC [ORKA]
EQUITY
687604108
3,273
85.49
279,808.77
0.7
RELAY THERAPEUTICS INC [RLAY]
EQUITY
75943R102
14,039
17.73
248,911.47
0.6
ESTABLISHMENT LABS HOLDINGS [ESTA]
EQUITY
--
G31249108
3,780
65.58
247,892.40
0.6
KRYSTAL BIOTECH INC [KRYS]
EQUITY
501147102
682
344.96
235,262.72
0.6
DEXCOM INC [DXCM]
EQUITY
252131107
2,373
87.47
207,566.31
0.5
SOPHIA GENETICS SA [SOPH]
EQUITY
H82027105
24,267
8.26
200,445.42
0.5
INVENTIVA SA - ADR [IVA]
EQUITY
46124U107
33,996
3.26
110,826.96
0.3
Total
--
--
--
--
--
41,836,242.14
99.8
Cash and Other Assets Less Liabilities
--
--
--
--
--
--
0.2
Total Net Assets
--
--
--
--
--
--
100.0

As of 8/31/2026

Sector Breakdown

Health Care

MEDI

99.1%

Benchmark

99.8%

Cash

MEDI

0.9%

Benchmark

0.0%

Consumer Discretionary

MEDI

0.0%

Benchmark

0.1%

Consumer Staples

MEDI

0.0%

Benchmark

<0.1%

Industrials

MEDI

0.0%

Benchmark

<0.1%

MEDI: Health Care ETF

Benchmark: Russell 3000 Growth Health Care Index

As of 8/31/2026

Economic Sector
Health Care ETF %
Russell 3000 Growth Health Care Index %

Health Care

10.4
9.9

Industrials

--
17.4

Consumer Discretionary

--
0.3

Information Technology

--
4.4

Consumer Staples

--
-18.9

Investment Team

Westfield Capital Management

Westfield Capital Management Company, L.P. is dedicated to providing strong and consistent investment performance based on a disciplined, team‑based approach, with exceptional client service. Westfield believes their greatest strength comes from the collective wisdom of a fully engaged and inspired team working together with clear objectives. Additionally, Westfield embraces their partnership structure, which aligns the advancement of the organization with their clients and serves to attract and retain exceptional talent.

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.

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. Since the Fund may hold foreign securities, it may be subject to greater risks than funds invested only in the U.S. These risks are more severe for securities of issuers in emerging market regions. Foreign currencies can decline in value and can adversely affect the dollar value of the fund. Since the Fund typically invests in a limited number of companies, an adverse event affecting a particular company may hurt the Fund's performance more than if it had invested in a larger number of companies. Health Care Industry Risk: Because the Fund seeks to invest all, or substantially all, of its assets in the health care industry, the value of its shares will depend on the general condition of the that industry. The health care industry may be affected by any number of factors, including, but not limited to, lapsing patent protection, industry innovation, extensive government regulation, restrictions on government reimbursement for medical expenses, research and development costs, limited product lines, product liability litigation, an increased emphasis on outpatient services, and competitive forces. Authorized Participant Concentration/Trading Risk: Only authorized participants ("APs") may engage in creation or redemption transactions directly with the Fund. The Fund is classified as non‑diversified, a non‑diversified Fund may invest a greater percentage of its assets in securities of a single issuer, and/or invest in a relatively small number of issuers, it is more susceptible to risks associated with a single economic, political or regulatory occurrence than a more diversified portfolio. New Fund Risk: 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. Small and Mid Cap Risk: The Fund's performance may be more volatile because it may invest in issuers that are smaller companies.

The views expressed herein may not be reflective of current opinions, are subject to change without prior notice, and should not be considered investment advice.

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.

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).

Alpha is the risk‑adjusted excess return of an investment relative to the return of a benchmark index.