Key stats
About Harbor Corporate Culture ETF
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Inception date
Oct 12, 2022
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Harbor Capital Advisors, Inc.
Distributor
Foreside Fund Services LLC
HAPI aims to provide exposure to stocks with a strong corporate culture while maintaining sector neutrality. From a starting universe of 500 large-cap US companies from 11 GICS sectors, the fund retains stocks from a list of top human capital firms. Selection is based on a proprietary scoring methodology that quantitatively measures the contribution of a companys corporate culture to its financial performance based on factors such as employee engagement and motivation, trust and transparency, point-of-view diversity, and compensation fairness. The portfolio is market cap-weighted, capped at 5% or five times its weight in the index universe, whichever is lower. The fund adjusts the portfolio to maintain the same sector weights as the index universe. Sectors not meeting the target weights are supplemented with predetermined large-cap sector ETFs. The index is rebalanced annually. Prior to September 5, 2023, the ETF's name was Harbor Corporate Culture ETF.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Finance
Electronic Technology
Stocks98.69%
Technology Services27.28%
Finance16.80%
Electronic Technology15.14%
Health Technology9.39%
Consumer Non-Durables6.36%
Consumer Services6.15%
Retail Trade4.78%
Producer Manufacturing3.56%
Energy Minerals2.42%
Utilities2.41%
Transportation1.16%
Process Industries0.85%
Non-Energy Minerals0.64%
Industrial Services0.47%
Distribution Services0.47%
Commercial Services0.43%
Consumer Durables0.27%
Health Services0.13%
Bonds, Cash & Other1.31%
ETF1.23%
Cash0.08%
Stock breakdown by region
North America97.83%
Europe1.17%
Latin America1.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
HAPI invests in stocks. The fund's major sectors are Technology Services, with 27.28% stocks, and Finance, with 16.80% of the basket. The assets are mostly located in the North America region.
HAPI top holdings are Microsoft Corporation and NVIDIA Corporation, occupying 5.99% and 5.34% of the portfolio correspondingly.
HAPI last dividends amounted to 0.08 USD. The year before, the issuer paid 0.00 USD in dividends, which shows a 96.08% increase.
HAPI assets under management is 386.23 M USD. It's risen 1.01% over the last month.
HAPI fund flows account for 13.17 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, HAPI pays dividends to its holders with the dividend yield of 0.20%. The last dividend (Dec 26, 2024) amounted to 0.08 USD. The dividends are paid annually.
HAPI shares are issued by ORIX Corp. under the brand Harbor. The ETF was launched on Oct 12, 2022, and its management style is Passive.
HAPI expense ratio is 0.35% meaning you'd have to pay 0.35% of your investment to help manage the fund.
HAPI follows the CIBC Human Capital Index - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
HAPI invests in stocks.
HAPI price has risen by 1.13% over the last month, and its yearly performance shows a 10.59% increase. See more dynamics on HAPI price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.25% over the last month, showed a 6.16% increase in three-month performance and has increased by 12.05% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.25% over the last month, showed a 6.16% increase in three-month performance and has increased by 12.05% in a year.
HAPI trades at a premium (0.00%) meaning the ETF is trading at a higher price than the calculated NAV.