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Harbor Disruptive Innovation ETF (INNO)

Please note: Harbor ETF Trust’s Board of Trustees has determined to liquidate and dissolve Harbor Disruptive Innovation ETF (the “Fund”). The Fund is currently scheduled to liquidate at the close of business on or about December 19, 2024. Please see the Fund's prospectus for more information.

Harbor Disruptive Innovation ETF (INNO)

Please note: Harbor ETF Trust’s Board of Trustees has determined to liquidate and dissolve Harbor Disruptive Innovation ETF (the “Fund”). The Fund is currently scheduled to liquidate at the close of business on or about December 19, 2024. Please see the Fund's prospectus for more information.

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Overview
Performance
Holdings
Investment Team
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Why invest in INNO?

We believe that companies poised to displace pre-existing goods, services, and industry leaders have the potential to generate strong levels of growth over time.

Harbor’s Multi-Asset Solutions Team employs an active multi-strategy approach with the goal of providing enhanced diversification benefits and mitigating portfolio risk through the low correlation of excess returns across the strategy’s underlying managers.

The portfolio offers exposure to leading edge, industry transforming companies across sectors, market cap ranges, and regions which can help enable diversification and enhance investors’ opportunity set.



NYSE What's the Fund: Harbor Disruptive Innovation ETF (INNO)

Hear from Spenser Lerner, Harbor’s Head of Multi-Asset Solutions, on what’s different about Harbor’s approach to disruptive innovation.

Video used with permission of © NYSE Group, Inc.

The Harbor Disruptive Innovation ETF seeks to invest in leading edge, industry transforming companies across sectors, market cap ranges, and regions which can help enable more diverse exposure and enhance investors’ opportunity set. Through our active multi-strategy approach, we seek to provide enhanced diversification benefits and mitigate portfolio risk by managing allocations to five specialized active managers.


Overview

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

Current Price

As of 12/6/2024

$17.66

Price (NAV)

$0.11

NAV Daily Change ($)

0.63%

NAV Daily Change (%)

21.96%

NAV YTD Return

$17.66

Market Price

$0.12

Market Daily Change ($)

0.68%

Market Daily Change (%)

22.05%

Market YTD Return

Fund Facts

As of 12/6/2024

12/1/2021

Inception Date

0.75

Expense Ratio (%)
disclaimer

$3.974

Total Net Assets (million)

225,000

Shares Outstanding
(As of 12/9/2024)

INNO

Ticker

41151J307

Cusip

NYSE

Exchange

US41151J3077

ISIN

Foreside Fund Services, LLC

Distributor
disclaimer

Annually

Dividend Frequency

Mid Cap Growth

Morningstar Category

The S&P 500 Index & The Russell 3000® Growth Index

Benchmark

52,715,209

Implied Liquidity™ (Shares)
disclaimer

$925,300,258.55

Implied Liquidity
disclaimer

Investment Objective:

The Fund seeks long-term growth of capital

Pricing/Trading

As of 12/6/2024

$17.66

Bid/Ask Mid Price

$17.66

Closing Market Price

-$0.01

Premium/Discount ($)

-0.05%

Premium/Discount (%)

 

2023

Q1 2024

Q2 2024

Q3 2024

Q4 2024

YTD

Days Traded at a Premium16329582014121
Days Traded at a Discount873154434114

0.60%

30-Day Median Bid/Ask Spread

4,790

Exchange Volume (Shares)

USD

Trading Currency

Historical Premium Discount to NAV

No Data Available

A distinct multi-strategy approach to accessing innovation

Harbor Disruptive Innovation seeks to offer diverse exposure to leading edge

transformational companies across market segments.

Performance

Total Returns

Quarter-End

3 Mo.

YTD Return

1 Yr.

Since Fund Inception

Net Expense Ratio

Gross Expense Ratio

Disruptive Innovation ETF - at NAV
2.70%
10.50%
29.66%
-7.57%
0.75%disclaimer
0.75%
Market Price
2.44%
10.44%
29.71%
-7.61%
--
--
S&P 500 Index
5.89%
22.08%
36.35%
10.73%
--
--
Russell 3000® Growth Index
3.42%
24.00%
41.47%
9.47%
--
--

Performance data shown represents past performance and is no guarantee of future results. 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 S&P 500 Index is an unmanaged index generally representative of the U.S. market for large capitalization equities. This unmanaged index does not reflect fees and expenses and is not available for direct investment.

The Russell 3000® Growth Index measures the performance of the broad growth segment of the US equity universe. It includes Russell 3000® Index companies with higher price-to-book ratios and higher forecasted growth values. It is market-capitalization weighted. This unmanaged index does not reflect fees and expenses and is not available for direct investment. The Russell 3000® Growth Index and Russell® are trademarks of Frank Russell Company.

Effective September 1, 2021, the Fund’s benchmark index changed from the Russell Midcap® Growth Index to the S&P 500 Index as the Adviser believes this index is a more appropriate comparison in light of the Fund’s new name and investment strategy.

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
--
--
--
0.00000
12/21/2022
12/22/2022
12/27/2022
--
--
--
0.00000
12/22/2021
12/23/2021
12/28/2021
--
--
--
0.00000

Holdings

Portfolio Characteristics

As of 11/30/2024

72

Number of Holdings

508760.6

Wtd Avg Market Cap ($Mil)

10.94

Price/Book Ratio

45.7

Adjusted Trailing P/E Ratio

27.4

% EPS Growth - Past 3 Yr

20.16

Return on Equity (%)

46.9

Forecasted P/E Ratio

Top Ten Holdings

As of 12/6/2024

Company Name [Ticker]

% of Net Assets

SHOPIFY INC - CLASS A[SHOP]
4.1
NVIDIA CORP[NVDA]
4.0
SERVICENOW INC[NOW]
3.9
ALPHABET INC-CL C[GOOG]
3.2
CADENCE DESIGN SYS INC[CDNS]
3.1
AMAZON.COM INC[AMZN]
3.1
MERCADOLIBRE INC[MELI]
2.8
DOORDASH INC - A[DASH]
2.8
FISERV INC[FI]
2.7
UNITED RENTALS INC[URI]
2.7
% of Total Holdings:
32.4%

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 12/6/2024

Company Name [Ticker]

Category Name

Country

Cusip

Shares

Current Price ($)

Market Value ($)

% of Net Assets

SHOPIFY INC - CLASS A [SHOP]
EQUITY
82509L107
1,374
118.37
162,640.38
4.1
NVIDIA CORP [NVDA]
EQUITY
67066G104
1,129
142.44
160,814.76
4.0
SERVICENOW INC [NOW]
EQUITY
81762P102
138
1,124.34
155,158.92
3.9
ALPHABET INC-CL C [GOOG]
EQUITY
02079K107
726
176.29
127,986.54
3.2
CADENCE DESIGN SYS INC [CDNS]
EQUITY
127387108
400
307.51
123,004.00
3.1
AMAZON.COM INC [AMZN]
EQUITY
023135106
537
227.03
121,915.11
3.1
MERCADOLIBRE INC [MELI]
EQUITY
58733R102
57
1,947.18
110,989.26
2.8
DOORDASH INC - A [DASH]
EQUITY
25809K105
615
178.48
109,765.20
2.8
FISERV INC [FI]
EQUITY
337738108
525
207.28
108,822.00
2.7
UNITED RENTALS INC [URI]
EQUITY
911363109
125
858.92
107,365.00
2.7
PROGRESSIVE CORP [PGR]
EQUITY
743315103
409
254.56
104,115.04
2.6
LAM RESEARCH CORP [LRCX]
EQUITY
512807306
1,255
76.59
96,120.45
2.4
ATLASSIAN CORP-CL A [TEAM]
EQUITY
049468101
344
278.50
95,804.00
2.4
LINDE PLC [LIN]
EQUITY
G54950103
211
449.44
94,831.84
2.4
ASML HOLDING NV [ASML]
EQUITY
ACI02GTQ9
131
715.817
93,771.99
2.4
DANAHER CORP [DHR]
EQUITY
235851102
391
230.12
89,976.92
2.3
SAMSARA INC-CL A [IOT]
EQUITY
79589L106
1,624
52.27
84,886.48
2.1
META PLATFORMS INC-CLASS A [META]
EQUITY
30303M102
132
623.77
82,337.64
2.1
TEXAS INSTRUMENTS INC [TXN]
EQUITY
882508104
423
193.10
81,681.30
2.1
MICROSOFT CORP [MSFT]
EQUITY
594918104
170
443.57
75,406.90
1.9
ALPHABET INC-CL A [GOOGL]
EQUITY
02079K305
422
174.51
73,643.22
1.9
DATADOG INC - CLASS A [DDOG]
EQUITY
23804L103
407
168.65
68,640.55
1.7
ADYEN NV [ADYEN]
EQUITY
BZ1HM4902
42
1,577.417
66,251.50
1.7
TOAST INC-CLASS A [TOST]
EQUITY
888787108
1,675
38.81
65,006.75
1.6
CHIPOTLE MEXICAN GRILL INC [CMG]
EQUITY
169656105
960
65.40
62,784.00
1.6
ASCENDIS PHARMA A/S - ADR [ASND]
EQUITY
04351P101
462
133.00
61,446.00
1.5
CLOUDFLARE INC - CLASS A [NET]
EQUITY
18915M107
496
112.96
56,028.16
1.4
PROCORE TECHNOLOGIES INC [PCOR]
EQUITY
74275K108
654
83.00
54,282.00
1.4
TAIWAN SEMICONDUCTOR-SP ADR [TSM]
EQUITY
874039100
266
203.02
54,003.32
1.4
ADVANCED MICRO DEVICES [AMD]
EQUITY
007903107
374
138.59
51,832.66
1.3
NETFLIX INC [NFLX]
EQUITY
64110L106
51
934.74
47,671.74
1.2
HUBSPOT INC [HUBS]
EQUITY
443573100
61
741.67
45,241.87
1.1
COGNEX CORP [CGNX]
EQUITY
192422103
1,130
37.76
42,668.80
1.1
WISE PLC - A [WISE]
EQUITY
ACI1YXY14
3,593
11.841
42,546.04
1.1
UBER TECHNOLOGIES INC [UBER]
EQUITY
90353T100
642
66.09
42,429.78
1.1
FTAI AVIATION LTD [FTAI]
EQUITY
G3730V105
238
157.11
37,392.18
0.9
SALESFORCE INC [CRM]
EQUITY
79466L302
103
361.99
37,284.97
0.9
SEA LTD-ADR [SE]
EQUITY
81141R100
302
116.25
35,107.50
0.9
SAP SE-SPONSORED ADR [SAP]
EQUITY
803054204
137
254.14
34,817.18
0.9
MONDAY.COM LTD [MNDY]
EQUITY
M7S64H106
111
297.07
32,974.77
0.8
MACOM TECHNOLOGY SOLUTIONS H [MTSI]
EQUITY
55405Y100
230
139.07
31,986.10
0.8
PALO ALTO NETWORKS INC [PANW]
EQUITY
697435105
77
405.90
31,254.30
0.8
ORACLE CORP [ORCL]
EQUITY
68389X105
163
191.69
31,245.47
0.8
ZSCALER INC [ZS]
EQUITY
98980G102
146
211.99
30,950.54
0.8
SENTINELONE INC -CLASS A [S]
EQUITY
81730H109
1,182
25.78
30,471.96
0.8
ROKU INC [ROKU]
EQUITY
77543R102
344
84.12
28,937.28
0.7
GLOBAL-E ONLINE LTD [GLBE]
EQUITY
M5216V106
532
54.21
28,839.72
0.7
BLOCK INC [SQ]
EQUITY
852234103
292
98.25
28,689.00
0.7
MONGODB INC [MDB]
EQUITY
60937P106
82
343.40
28,158.80
0.7
LATTICE SEMICONDUCTOR CORP [LSCC]
EQUITY
518415104
483
57.67
27,854.61
0.7
DYNATRACE INC [DT]
EQUITY
268150109
437
58.31
25,481.47
0.6
GE VERNOVA INC [GEV]
EQUITY
36828A101
73
346.51
25,295.23
0.6
SNOWFLAKE INC-CLASS A [SNOW]
EQUITY
833445109
129
183.64
23,689.56
0.6
APPLIED MATERIALS INC [AMAT]
EQUITY
038222105
132
173.02
22,838.64
0.6
INSULET CORP [PODD]
EQUITY
45784P101
85
265.465
22,564.53
0.6
OKTA INC [OKTA]
EQUITY
679295105
265
84.79
22,469.35
0.6
TESLA INC [TSLA]
EQUITY
88160R101
56
389.22
21,796.32
0.5
ELI LILLY & CO [LLY]
EQUITY
532457108
26
826.71
21,494.46
0.5
DRAFTKINGS INC-CL A [DKNG]
EQUITY
26142V105
476
44.26
21,067.76
0.5
NU HOLDINGS LTD/CAYMAN ISL-A [NU]
EQUITY
G6683N103
1,625
12.03
19,548.75
0.5
ICON PLC [ICLR]
EQUITY
G4705A100
89
217.47
19,354.83
0.5
CROWDSTRIKE HOLDINGS INC - A [CRWD]
EQUITY
22788C105
49
365.65
17,916.85
0.5
TWILIO INC - A [TWLO]
EQUITY
90138F102
150
113.42
17,013.00
0.4
SAIA INC [SAIA]
EQUITY
78709Y105
32
515.93
16,509.76
0.4
LEGEND BIOTECH CORP-ADR [LEGN]
EQUITY
52490G102
389
41.54
16,159.06
0.4
TRANSDIGM GROUP INC [TDG]
EQUITY
893641100
10
1,279.21
12,792.10
0.3
DEXCOM INC [DXCM]
EQUITY
252131107
157
77.72
12,202.04
0.3
ROCKET PHARMACEUTICALS INC [RCKT]
EQUITY
77313F106
869
13.89
12,070.41
0.3
VAXCYTE INC [PCVX]
EQUITY
92243G108
109
93.31
10,170.79
0.3
SOLENO THERAPEUTICS INC [SLNO]
EQUITY
834203309
138
49.15
6,782.70
0.2
BICYCLE THERAPEUTICS PLC-ADR [BCYC]
EQUITY
088786108
283
19.95
5,645.85
0.1
Total
--
--
--
--
--
3,871
97.4
Cash and Other Assets Less Liabilities
--
--
--
--
--
--
2.6
Total Net Assets
--
--
--
--
--
--
100%

As of 11/30/2024

Disruptive Innovation ETF (INNO)

S&P 500 Index

-

Information Technology

INNO: 48.3%

Benchmark: 31.3%

-

Consumer Discretionary

INNO: 11.9%

Benchmark: 10.8%

-

Financials

INNO: 11.4%

Benchmark: 13.9%

-

Communication Services

INNO: 9.6%

Benchmark: 8.9%

-

Health Care

INNO: 7.2%

Benchmark: 10.6%

-

Industrials

INNO: 6.4%

Benchmark: 8.6%

-

Cash

INNO: 2.7%

Benchmark: NaN%

-

Materials

INNO: 2.5%

Benchmark: 2.1%

-

Consumer Staples

INNO: NaN%

Benchmark: 5.7%

-

Energy

INNO: NaN%

Benchmark: 3.5%

-

Real Estate

INNO: NaN%

Benchmark: 2.3%

-

Utilities

INNO: NaN%

Benchmark: 2.5%

INNO: Disruptive Innovation ETF

Benchmark: S&P 500 Index

Investment Team


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

The Fund employs a multi-manager approach in an effort to achieve its investment objective, offering the expertise of multiple investment managers in one Fund. As the fund sponsor, Harbor Capital assumes responsibility for selecting and overseeing underlying managers for the Fund. Each underlying manager is responsible for submitting a model portfolio to Harbor Capital, which the portfolio managers will implement in their discretion. The portfolio managers will handle the assigned allocation within the fund and will adjust over time based upon both qualitative and quantitative assessments of each strategy aiming to enhance the investment outcome for the Fund.

Learn more about Harbor Multi-Asset Solutions

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. 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 issuers in emerging market regions. Investing in REITs will subject the Fund to additional risk.

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 refers to excess returns earned on an investment.

Diversification does not assure a profit or protect against loss in a declining market.

4051128

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Harbor Funds Distributors, Inc. is the Distributor of the Harbor Mutual Funds.
Foreside Fund Services, LLC is the Distributor of the Harbor ETFs.
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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.