|
Harbor
Commodity All-Weather Strategy ETF (formerly, Harbor All-Weather Inflation
Focus ETF) (Consolidated) |
Harbor
Disruptive Innovation ETF |
Harbor
Dividend Growth Leaders ETF |
Harbor
Energy Transition Strategy
ETF (Consolidated) |
Harbor
Health Care ETF |
Harbor
Human Capital Factor Unconstrained ETF (formerly, Harbor Corporate Culture
Leaders ETF) |
Harbor
Human Capital Factor US Large Cap ETF (formerly, Harbor Corporate Culture
ETF) |
Harbor
Human Capital Factor US Small Cap ETF (formerly, Harbor Corporate Culture
Small Cap ETF) |
Harbor
International Compounders ETF |
Harbor
Long-Term Growers ETF |
Harbor
Multi-Asset Explorer ETF |
Harbor
Scientific Alpha High-Yield ETF |
Harbor
Scientific Alpha Income ETF |
Harbor
ETF Trust | |
Harbor
Commodity All-Weather Strategy ETF | |
Manager’s
Commentary |
|
Consolidated
Portfolio of Investments |
|
Harbor
Disruptive Innovation ETF | |
Manager’s
Commentary |
|
Portfolio
of Investments |
|
Harbor
Dividend Growth Leaders ETF | |
Manager’s
Commentary |
|
Portfolio
of Investments |
|
Harbor
Energy Transition Strategy ETF | |
Manager’s
Commentary |
|
Consolidated
Portfolio of Investments |
|
Harbor
Health Care ETF | |
Manager’s
Commentary |
|
Portfolio
of Investments |
|
Harbor
Human Capital Factor Unconstrained ETF | |
Manager’s
Commentary |
|
Portfolio
of Investments |
|
Harbor
Human Capital Factor US Large Cap ETF | |
Manager’s
Commentary |
|
Portfolio
of Investments |
|
Harbor
Human Capital Factor US Small Cap ETF | |
Manager’s
Commentary |
|
Portfolio
of Investments |
|
Harbor
International Compounders ETF | |
Manager’s
Commentary |
|
Portfolio
of Investments |
|
Harbor
Long-Term Growers ETF | |
Manager’s
Commentary |
|
Portfolio
of Investments |
|
Harbor
Multi-Asset Explorer ETF | |
Manager’s
Commentary |
|
Portfolio
of Investments |
|
Harbor
Scientific Alpha High-Yield ETF | |
Manager’s
Commentary |
|
Portfolio
of Investments |
|
Harbor
Scientific Alpha Income ETF | |
Manager’s
Commentary |
|
Portfolio
of Investments |
|
Financial
Statements | |
Statements
of Assets and Liabilities |
|
Statements
of Operations |
|
Statements
of Changes in Net Assets |
|
Financial
Highlights |
|
Notes
to Financial Statements |
|
Report
of Independent Registered Public Accounting Firm |
TOTAL
RETURNS | |||
For
the periods ended 10/31/2023 | |||
Annualized | |||
|
1
Year |
5
Years |
Life
of Fund |
Harbor
Commodity All-Weather Strategy ETF (Based on
Net
Asset Value)1 |
9.40% |
N/A |
8.13% |
Harbor
Commodity All-Weather Strategy ETF (At Market
Price)1 |
9.49 |
N/A |
8.21 |
Comparative
Index |
|
|
|
Quantix
Commodity Index1 |
11.16% |
N/A |
9.94% |
Bloomberg
Commodity Index 1 |
-2.97 |
N/A |
0.89 |
Asset
Class |
Sector | |
COMMODITIES |
|
|
|
Petroleum |
32.3% |
|
Precious
Metals |
31.6% |
|
Industrial
Metals |
16.6% |
|
Grains
and Soybean Products |
15.5% |
|
Softs |
4.0% |
SHORT-TERM
INVESTMENTS—93.3% |
Principal
Amount |
|
Value |
U.S.
TREASURY BILLS—93.3% | ||
|
U.S.
Treasury Bills |
|
$39,125 |
5.259%—11/09/2023† |
$39,079 |
8,733 |
5.290%—02/06/2024† |
8,608 |
16,526 |
5.291%—02/22/2024† |
16,250 |
26,723 |
5.297%—12/21/2023† |
26,526 |
8,212 |
5.308%—12/28/2023† |
8,143 |
TOTAL
SHORT-TERM INVESTMENTS
(Cost
$98,608) |
98,606 | |
TOTAL
INVESTMENTS—93.3%
(Cost
$98,608) |
98,606 | |
CASH
AND OTHER ASSETS, LESS LIABILITIES—6.7% |
7,122 | |
TOTAL
NET ASSETS—100% |
$105,728 |
SWAP
AGREEMENTS | |||||||||
OVER-THE-COUNTER
(OTC) EXCESS RETURN SWAPS ON INDICES | |||||||||
Counterparty |
Fixed
Rate |
Pay/Receive
Fixed
Rate |
Reference
Index1 |
Expiration
Date |
Payment
Frequency |
Notional
Amount
(000s) |
Value
(000s) |
Upfront
Premiums
(Received)/
Paid
(000s) |
Unrealized
Appreciation/
(Depreciation)
(000s) |
Macquarie
Bank Limited |
0.120% |
Pay |
Quantix
Commodity Index |
11/30/2023 |
Monthly |
$105,715 |
$— |
$— |
$— |
† |
Coupon
represents yield to maturity |
1 |
The
reference index components are published daily on Harbor Capital’s website
at harborcapital.com.
The index is comprised of publicly
traded
futures contracts on physical commodities. The table below represents the
reference index components as of the year ended October 31,
2023. |
Commodity |
Weight |
Gold |
31.6% |
Brent
Crude Oil |
13.2 |
Heating
Oil |
10.3 |
RBOB
Gasoline |
6.7 |
Copper |
5.0 |
Aluminum |
4.2 |
Zinc |
4.0 |
Corn |
3.6 |
Nickel |
3.4 |
Soybeans |
3.4 |
Soybean
Oil |
2.4 |
Soymeal |
2.2 |
GasOil |
2.1 |
Sugar |
2.1 |
Wheat |
2.0 |
KC
Wheat |
1.9 |
Cotton |
1.9 |
TOTAL
RETURNS | |||
For
the periods ended 10/31/2023 | |||
Annualized | |||
|
1
Year |
5
Years |
Life
of Fund |
Harbor
Disruptive Innovation ETF (Based on Net Asset
Value)1 |
1.66% |
N/A |
-24.66% |
Harbor
Disruptive Innovation ETF (At Market Price)1 |
1.66 |
N/A |
-24.66 |
Comparative
Index |
|
|
|
S&P
500 Index1 |
10.14% |
N/A |
-2.20% |
Russell
3000®
Growth Index1 |
17.32 |
N/A |
-5.47 |
COMMON
STOCKS—97.0% | ||
Shares |
|
Value |
AUTOMOBILES—0.9% | ||
1,096 |
Tesla,
Inc. * |
$220 |
BIOTECHNOLOGY—10.5% | ||
1,586 |
89bio,
Inc. * |
12 |
44,269 |
Adaptimmune
Therapeutics PLC ADR*,1 |
24 |
3,071 |
Alkermes
PLC * |
74 |
23,185 |
Allogene
Therapeutics, Inc. * |
65 |
6,755 |
Arrowhead
Pharmaceuticals, Inc. * |
166 |
3,832 |
Ascendis
Pharma AS ADR (Denmark)*,1 |
342 |
95,116 |
Autolus
Therapeutics PLC ADR (United Kingdom)*,1 |
268 |
10,156 |
Avidity
Biosciences, Inc. * |
52 |
8,268 |
Bicycle
Therapeutics PLC ADR (United Kingdom)*,1 |
125 |
23,102 |
C4
Therapeutics, Inc. * |
35 |
4,855 |
Fate
Therapeutics, Inc. * |
9 |
6,256 |
Freeline
Therapeutics Holdings PLC ADR (United
Kingdom)*,1 |
31 |
4,317 |
Intellia
Therapeutics, Inc. * |
108 |
22,766 |
Iovance
Biotherapeutics, Inc. * |
87 |
1,923 |
Krystal
Biotech, Inc. * |
225 |
5,052 |
Kymera
Therapeutics, Inc. * |
59 |
1,903 |
Legend
Biotech Corp. ADR*,1 |
126 |
57,473 |
Magenta
Therapeutics, Inc. - CVR * |
—
x |
1,861 |
Moderna,
Inc. * |
141 |
48,106 |
Precision
BioSciences, Inc. * |
15 |
10,698 |
REGENXBIO,
Inc. * |
138 |
16,270 |
Repare
Therapeutics, Inc. (Canada)* |
55 |
10,150 |
Replimune
Group, Inc. * |
148 |
17,508 |
Rocket
Pharmaceuticals, Inc. * |
317 |
533 |
Sarepta
Therapeutics, Inc. * |
36 |
9,632 |
Synlogic,
Inc. * |
18 |
8,624 |
uniQure
NV (Netherlands)* |
49 |
|
|
2,725 |
BROADLINE
RETAIL—5.7% | ||
5,475 |
Amazon.com,
Inc. * |
728 |
601 |
MercadoLibre,
Inc. (Brazil)* |
746 |
|
|
1,474 |
CHEMICALS—2.7% | ||
1,794 |
Linde
PLC |
686 |
CONSUMER
STAPLES DISTRIBUTION & RETAIL—1.5% | ||
98,907 |
Dada
Nexus Ltd. ADR (China)*,1 |
380 |
COMMON
STOCKS—Continued | ||
Shares |
|
Value |
ELECTRICAL
EQUIPMENT—0.3% | ||
300 |
Hubbell,
Inc. Class B |
$81 |
ELECTRONIC
EQUIPMENT, INSTRUMENTS & COMPONENTS—0.6% | ||
4,476 |
Cognex
Corp. |
161 |
ENTERTAINMENT—0.3% | ||
1,573 |
Sea
Ltd. ADR (Singapore)*,1 |
66 |
FINANCIAL
SERVICES—5.5% | ||
446 |
Adyen
NV (Netherlands)*,2 |
299 |
10,099 |
Block,
Inc. * |
407 |
5,022 |
Fiserv,
Inc. * |
571 |
9,529 |
Toast,
Inc. Class A* |
152 |
|
|
1,429 |
HEALTH
CARE EQUIPMENT & SUPPLIES—3.2% | ||
312 |
Cooper
Cos., Inc. |
97 |
4,299 |
Dexcom,
Inc. * |
382 |
249 |
IDEXX
Laboratories, Inc. * |
100 |
696 |
Inspire
Medical Systems, Inc. * |
102 |
561 |
Insulet
Corp. * |
74 |
1,204 |
Lantheus
Holdings, Inc. * |
78 |
|
|
833 |
HEALTH
CARE PROVIDERS & SERVICES—0.2% | ||
70,896 |
Invitae
Corp. * |
43 |
HOTELS,
RESTAURANTS & LEISURE—5.1% | ||
2,123 |
Airbnb,
Inc. Class A* |
251 |
169 |
Chipotle
Mexican Grill, Inc. Class A* |
328 |
251,156 |
Deliveroo
PLC Class A (United Kingdom)*,2 |
397 |
4,593 |
DoorDash,
Inc. Class A* |
345 |
|
|
1,321 |
INSURANCE—2.6% | ||
4,313 |
Progressive
Corp. |
682 |
INTERACTIVE
MEDIA & SERVICES—2.9% | ||
3,787 |
Alphabet,
Inc. Class A* |
470 |
894 |
Meta
Platforms, Inc. Class A* |
269 |
|
|
739 |
COMMON
STOCKS—Continued | ||
Shares |
|
Value |
IT
SERVICES—5.5% | ||
6,255 |
Cloudflare,
Inc. Class A* |
$355 |
515 |
MongoDB,
Inc. * |
177 |
3,315 |
Okta,
Inc. * |
223 |
8,469 |
Shopify,
Inc. Class A (Canada)* |
400 |
1,859 |
Snowflake,
Inc. Class A* |
270 |
|
|
1,425 |
LIFE
SCIENCES TOOLS & SERVICES—4.3% | ||
3,207 |
Danaher
Corp. |
616 |
761 |
ICON
PLC * |
185 |
401 |
Lonza
Group AG (Switzerland) |
140 |
412 |
Thermo
Fisher Scientific, Inc. |
183 |
|
|
1,124 |
MACHINERY—1.0% | ||
2,174 |
Chart
Industries, Inc. * |
253 |
PHARMACEUTICALS—1.4% | ||
5,805 |
Arvinas,
Inc. * |
94 |
3,283 |
Catalent,
Inc. * |
113 |
282 |
Eli
Lilly & Co. |
156 |
|
|
363 |
SEMICONDUCTORS
& SEMICONDUCTOR EQUIPMENT—13.5% | ||
6,763 |
Advanced
Micro Devices, Inc. * |
666 |
1,804 |
Applied
Materials, Inc. |
239 |
1,010 |
ASML
Holding NV (Netherlands) |
604 |
1,291 |
Lam
Research Corp. |
760 |
2,950 |
Lattice
Semiconductor Corp. * |
164 |
2,164 |
Microchip
Technology, Inc. |
154 |
876 |
NVIDIA
Corp. |
357 |
3,925 |
Texas
Instruments, Inc. |
557 |
|
|
3,501 |
SOFTWARE—25.0% | ||
130,927 |
Agora,
Inc. ADR (China)*,1 |
385 |
COMMON
STOCKS—Continued | ||
Shares |
|
Value |
SOFTWARE—Continued | ||
910 |
Atlassian
Corp. Class A* |
$164 |
2,885 |
Cadence
Design Systems, Inc. * |
692 |
7,635 |
CCC
Intelligent Solutions Holdings, Inc. * |
82 |
2,432 |
Datadog,
Inc. Class A* |
198 |
2,498 |
Dynatrace,
Inc. * |
112 |
4,210 |
Fortinet,
Inc. * |
241 |
600 |
HubSpot,
Inc. * |
254 |
4,050 |
Microsoft
Corp. |
1,369 |
528 |
Nice
Ltd. ADR (Israel)*,1 |
82 |
964 |
Palo
Alto Networks, Inc. * |
234 |
3,912 |
Procore
Technologies, Inc. * |
239 |
1,857 |
Salesforce,
Inc. * |
373 |
16,259 |
Samsara,
Inc. Class A* |
375 |
1,259 |
ServiceNow,
Inc. * |
733 |
6,107 |
Smartsheet,
Inc. Class A* |
241 |
2,380 |
Splunk,
Inc. * |
350 |
988 |
Workday,
Inc. Class A* |
209 |
848 |
Zscaler,
Inc. * |
135 |
|
|
6,468 |
SPECIALTY
RETAIL—1.2% | ||
203,928 |
Farfetch
Ltd. Class A (United Kingdom)* |
306 |
TRADING
COMPANIES & DISTRIBUTORS—1.6%
| ||
1,048 |
United
Rentals, Inc. |
426 |
WIRELESS
TELECOMMUNICATION SERVICES—1.5% | ||
2,643 |
T-Mobile
U.S., Inc. * |
380 |
TOTAL
COMMON STOCKS
(Cost
$25,834) |
25,086 | |
TOTAL
INVESTMENTS—97.0%
(Cost
$25,834) |
25,086 | |
CASH
AND OTHER ASSETS, LESS LIABILITIES—3.0% |
772 | |
TOTAL
NET ASSETS—100% |
$25,858 |
Valuation
Description |
Beginning
Balance
as
of 11/01/2022
(000s) |
Purchases
(000s) |
Sales
(000s) |
Discount/
(Premium)
(000s) |
Total
Realized
Gain/(Loss)
(000s) |
Change
in
Unrealized
Appreciation/
(Depreciation)
(000s) |
Transfers
Into
Level
3h
(000s) |
Transfers
Out
of
Level
3
(000s) |
Ending
Balance
as
of
10/31/2023
(000s) |
Unrealized
Gain/(Loss)
as
of
10/31/2023
(000s) |
Common
Stock |
$— |
$— |
$— |
$— |
$— |
$— |
$— |
$— |
$— |
$— |
Valuation
Descriptions |
Ending
Balance
as
of 10/31/23
(000s) |
Valuation
Technique |
Unobservable
Input(s) |
Input
Value(s) |
Investments
in Securities |
|
|
|
|
Common
Stocks |
|
|
|
|
Magenta
Therapeutics, Inc. - CVR* |
$— |
Market
Approach |
Estimated
Recovery Value |
$0.00 |
TOTAL
RETURNS | |||
For
the periods ended 10/31/2023 | |||
Annualized | |||
|
1
Year |
5
Years |
10
Years |
Harbor
Dividend Growth Leaders ETF (Based on Net Asset
Value)1 |
4.05% |
10.33% |
9.57% |
Harbor
Dividend Growth Leaders ETF (At Market Price)1 |
3.97 |
10.33 |
9.57 |
Comparative
Index |
|
|
|
S&P
500 Index1 |
10.14% |
11.01% |
11.18% |
NASDAQ
Dividend Achievers Select Total Return Index1 |
5.22 |
10.22 |
10.00 |
COMMON
STOCKS—95.1% | ||
Shares |
|
Value |
BANKS—3.3% | ||
120,652 |
Bank
of America Corp. |
$3,178 |
372,947 |
New
York Community Bancorp, Inc. |
3,536 |
|
|
6,714 |
BEVERAGES—5.5% | ||
94,328 |
Coca-Cola
Co. |
5,329 |
34,727 |
PepsiCo,
Inc. |
5,670 |
|
|
10,999 |
BIOTECHNOLOGY—2.2% | ||
56,791 |
Gilead
Sciences, Inc. |
4,460 |
CAPITAL
MARKETS—4.4% | ||
10,163 |
Ameriprise
Financial, Inc. |
3,197 |
28,947 |
Ares
Management Corp. Class A |
2,854 |
13,590 |
CME
Group, Inc. |
2,901 |
|
|
8,952 |
CHEMICALS—2.1% | ||
37,223 |
Celanese
Corp. Class A |
4,262 |
COMMERCIAL
SERVICES & SUPPLIES—1.9% | ||
7,453 |
Cintas
Corp. |
3,780 |
COMMUNICATIONS
EQUIPMENT—2.6% | ||
102,503 |
Cisco
Systems, Inc. |
5,343 |
DIVERSIFIED
TELECOMMUNICATION SERVICES—1.6% | ||
49,662 |
Cogent
Communications Holdings, Inc. |
3,227 |
ELECTRIC
UTILITIES—1.6% | ||
56,700 |
NextEra
Energy, Inc. |
3,306 |
ELECTRONIC
EQUIPMENT, INSTRUMENTS & COMPONENTS—2.4% | ||
24,391 |
CDW
Corp. |
4,888 |
FINANCIAL
SERVICES—1.5% | ||
28,396 |
Global
Payments, Inc. |
3,016 |
FOOD
PRODUCTS—1.9% | ||
20,123 |
Hershey
Co. |
3,770 |
HEALTH
CARE PROVIDERS & SERVICES—5.3% | ||
23,833 |
Cardinal
Health, Inc. |
2,169 |
COMMON
STOCKS—Continued | ||
Shares |
|
Value |
HEALTH
CARE PROVIDERS & SERVICES—Continued | ||
16,023 |
UnitedHealth
Group, Inc. |
$8,581 |
|
|
10,750 |
HOTELS,
RESTAURANTS & LEISURE—1.6% | ||
12,574 |
McDonald’s
Corp. |
3,297 |
HOUSEHOLD
DURABLES—1.4% | ||
25,511 |
Lennar
Corp. Class A |
2,722 |
INSURANCE—8.2% | ||
70,979 |
American
International Group, Inc. |
4,352 |
32,246 |
Arthur
J Gallagher & Co. |
7,593 |
23,949 |
Primerica,
Inc. |
4,578 |
|
|
16,523 |
IT
SERVICES—3.6% | ||
49,896 |
International
Business Machines Corp. |
7,217 |
MACHINERY—3.7% | ||
22,398 |
IDEX
Corp. |
4,287 |
85,128 |
Mueller
Industries, Inc. |
3,210 |
|
|
7,497 |
OIL,
GAS & CONSUMABLE FUELS—3.3% | ||
22,996 |
Chevron
Corp. |
3,351 |
27,340 |
ConocoPhillips
|
3,248 |
|
|
6,599 |
PHARMACEUTICALS—7.5% | ||
18,015 |
Eli
Lilly & Co. |
9,979 |
49,299 |
Merck
& Co., Inc. |
5,063 |
|
|
15,042 |
RESIDENTIAL
REITS—3.1% | ||
51,371 |
Equity
LifeStyle Properties, Inc. |
3,380 |
26,703 |
Sun
Communities, Inc. |
2,971 |
|
|
6,351 |
RETAIL
REITS—1.5% | ||
81,620 |
Spirit
Realty Capital, Inc. |
2,937 |
SEMICONDUCTORS
& SEMICONDUCTOR EQUIPMENT—7.4% | ||
7,912 |
Broadcom,
Inc. |
6,657 |
COMMON
STOCKS—Continued | ||
Shares |
|
Value |
SEMICONDUCTORS
& SEMICONDUCTOR EQUIPMENT—Continued | ||
68,432 |
Microchip
Technology, Inc. |
$4,878 |
19,608 |
NXP
Semiconductors NV (China) |
3,381 |
|
|
14,916 |
SOFTWARE—5.8% | ||
34,433 |
Microsoft
Corp. |
11,642 |
SPECIALIZED
REITS—2.0% | ||
5,620 |
Equinix,
Inc. |
4,101 |
SPECIALTY
RETAIL—1.4% | ||
14,388 |
Tractor
Supply Co. |
2,771 |
TECHNOLOGY
HARDWARE, STORAGE & PERIPHERALS—5.5% | ||
65,559 |
Apple,
Inc. |
11,196 |
COMMON
STOCKS—Continued | ||
Shares |
|
Value |
TRADING
COMPANIES & DISTRIBUTORS—2.8%
| ||
12,275 |
Ferguson
PLC |
$1,844 |
11,080 |
Watsco,
Inc. |
3,865 |
|
|
5,709 |
TOTAL
COMMON STOCKS
(Cost
$175,876) |
191,987 | |
TOTAL
INVESTMENTS—95.1%
(Cost
$175,876) |
191,987 | |
CASH
AND OTHER ASSETS, LESS LIABILITIES—4.9% |
9,898 | |
TOTAL
NET ASSETS—100% |
$201,885 |
TOTAL
RETURNS | |||
For
the periods ended 10/31/2023 | |||
Annualized | |||
|
1
Year |
5
Years |
Life
of Fund |
Harbor
Energy Transition Strategy ETF (Based on Net
Asset
Value)1 |
-23.46% |
N/A |
-21.74% |
Harbor
Energy Transition Strategy ETF (At Market
Price)1 |
-23.86 |
N/A |
-21.71 |
Comparative
Index |
|
|
|
Quantix
Energy Transition Index1 |
-21.01% |
N/A |
-19.12% |
Bloomberg
Commodity Index1 |
-2.97 |
N/A |
-1.80 |
Asset
Class |
Sector | |
COMMODITIES |
|
|
|
Industrial
Metals |
34.3% |
|
Natural
Gas |
27.1% |
|
Emissions |
17.6% |
|
Precious
Metals |
11.7% |
|
Oilseeds |
9.3% |
SHORT-TERM
INVESTMENTS—78.5% |
Principal
Amount |
|
Value |
U.S.
TREASURY BILLS—78.5% | ||
|
U.S.
Treasury Bills |
|
$1,117 |
5.256%—02/06/2024† |
$1,100 |
6,171 |
5.261%—11/09/2023† |
6,164 |
5,411 |
5.297%—12/21/2023† |
5,371 |
6,691 |
5.308%—12/28/2023† |
6,635 |
TOTAL
SHORT-TERM INVESTMENTS
(Cost
$19,270) |
19,270 | |
TOTAL
INVESTMENTS—78.5%
(Cost
$19,270) |
19,270 | |
CASH
AND OTHER ASSETS, LESS LIABILITIES—21.5% |
5,267 | |
TOTAL
NET ASSETS—100% |
$24,537 |
SWAP
AGREEMENTS | |||||||||
OVER-THE-COUNTER
(OTC) EXCESS RETURN SWAPS ON INDICES | |||||||||
Counterparty |
Fixed
Rate |
Pay/Receive
Fixed
Rate |
Reference
Index1 |
Expiration
Date |
Payment
Frequency |
Notional
Amount
(000s) |
Value
(000s) |
Upfront
Premiums
(Received)/
Paid
(000s) |
Unrealized
Appreciation/
(Depreciation)
(000s) |
Goldman
Sachs International |
0.750% |
Pay |
Quantix
Energy Transition Index |
11/15/2023 |
Monthly |
$24,535 |
$— |
$— |
$— |
† |
Coupon
represents yield to maturity |
1 |
The
reference index components are published daily on Harbor Capital’s website
at harborcapital.com.
The index is comprised of publicly
traded
futures contracts on physical commodities. The table below represents the
reference index components as of the year ended October 31,
2023. |
Commodity |
Weight |
Emissions
(Europe) |
14.3% |
Natural
Gas (Europe) |
12.6 |
Aluminum |
12.3 |
Natural
Gas (United States) |
10.9 |
Copper |
8.7 |
Silver |
7.2 |
Nickel |
7.1 |
Soybean
Oil |
7.0 |
Zinc |
3.9 |
Natural
Gas (United Kingdom) |
3.6 |
Emissions
(California) |
3.3 |
Platinum |
2.4 |
Ethanol |
2.3 |
Lead |
2.3 |
Palladium |
2.1 |
TOTAL
RETURNS | |||
For
the periods ended 10/31/2023 | |||
Unannualized | |||
|
1
Year |
5
Years |
Life
of Fund |
Harbor
Health Care ETF (Based on Net Asset Value)1 |
N/A |
N/A |
6.97% |
Harbor
Health Care ETF (At Market Price)1 |
N/A |
N/A |
7.81 |
Comparative
Index |
|
|
|
Russell
3000 Growth Health Care Index1 |
N/A |
N/A |
0.76% |
COMMON
STOCKS—99.2% | ||
Shares |
|
Value |
BIOTECHNOLOGY—34.0% | ||
1,357 |
AbbVie,
Inc. |
$191 |
2,634 |
Alkermes
PLC * |
64 |
571 |
Apellis
Pharmaceuticals, Inc. * |
28 |
6,045 |
Ascendis
Pharma AS ADR (Denmark)*,1 |
540 |
1,464 |
Cerevel
Therapeutics Holdings, Inc. * |
35 |
2,724 |
Legend
Biotech Corp. ADR*,1 |
180 |
786 |
Mirum
Pharmaceuticals, Inc. * |
21 |
867 |
MoonLake
Immunotherapeutics Class A* |
45 |
502 |
Neurocrine
Biosciences, Inc. * |
56 |
10,422 |
Rocket
Pharmaceuticals, Inc. * |
189 |
333 |
Sarepta
Therapeutics, Inc. * |
22 |
1,514 |
Vaxcyte,
Inc. * |
73 |
|
|
1,444 |
HEALTH
CARE EQUIPMENT & SUPPLIES—20.7% | ||
1,917 |
Boston
Scientific Corp. * |
98 |
214 |
Cooper
Cos., Inc. |
67 |
3,046 |
Dexcom,
Inc. * |
270 |
1,034 |
GE
HealthCare Technologies, Inc. |
69 |
677 |
Haemonetics
Corp. * |
58 |
105 |
IDEXX
Laboratories, Inc. * |
42 |
658 |
Inspire
Medical Systems, Inc. * |
97 |
575 |
Insulet
Corp. * |
76 |
1,190 |
Lantheus
Holdings, Inc. * |
77 |
118 |
Shockwave
Medical, Inc. * |
24 |
|
|
878 |
HEALTH
CARE PROVIDERS & SERVICES—23.8% | ||
389 |
Cencora,
Inc. |
72 |
COMMON
STOCKS—Continued | ||
Shares |
|
Value |
HEALTH
CARE PROVIDERS & SERVICES—Continued | ||
420 |
Humana,
Inc. |
$220 |
4,811 |
Option
Care Health, Inc. * |
133 |
1,095 |
UnitedHealth
Group, Inc. |
587 |
|
|
1,012 |
HEALTH
CARE TECHNOLOGY—1.3% | ||
4,221 |
Veradigm,
Inc. * |
56 |
LIFE
SCIENCES TOOLS & SERVICES—4.8% | ||
2,893 |
Avantor,
Inc. * |
50 |
640 |
ICON
PLC * |
156 |
|
|
206 |
PHARMACEUTICALS—14.6% | ||
885 |
Eli
Lilly & Co. |
490 |
5,154 |
Innoviva,
Inc. * |
64 |
650 |
Merck
& Co., Inc. |
67 |
|
|
621 |
TOTAL
COMMON STOCKS
(Cost
$4,034) |
4,217 | |
TOTAL
INVESTMENTS—99.2%
(Cost
$4,034) |
4,217 | |
CASH
AND OTHER ASSETS, LESS LIABILITIES—0.8% |
32 | |
TOTAL
NET ASSETS—100% |
$4,249 |
TOTAL
RETURNS | |||
For
the periods ended 10/31/2023 | |||
Annualized | |||
|
1
Year |
5
Years |
Life
of Fund |
Harbor
Human Capital Factor Unconstrained ETF (Based
on
Net Asset Value)1 |
7.29% |
N/A |
-6.67% |
Harbor
Human Capital Factor Unconstrained ETF (At
Market
Price)1 |
7.22 |
N/A |
-6.67 |
Comparative
Index |
|
|
|
Human
Capital Factor Unconstrained Index1 |
8.44% |
N/A |
-5.68% |
COMMON
STOCKS—99.9% | ||
Shares |
|
Value |
BANKS—1.3% | ||
2,021 |
Pinnacle
Financial Partners, Inc. |
$126 |
BIOTECHNOLOGY—3.0% | ||
789 |
Alnylam
Pharmaceuticals, Inc. * |
120 |
3,695 |
Intellia
Therapeutics, Inc. * |
93 |
1,284 |
Sarepta
Therapeutics, Inc. * |
86 |
|
|
299 |
BROADLINE
RETAIL—1.2% | ||
1,830 |
Etsy,
Inc. * |
114 |
CAPITAL
MARKETS—10.1% | ||
339 |
FactSet
Research Systems, Inc. |
146 |
2,324 |
KKR
& Co., Inc. |
129 |
659 |
Morningstar,
Inc. |
167 |
262 |
MSCI,
Inc. |
124 |
370 |
S&P
Global, Inc. |
129 |
5,260 |
TPG,
Inc. |
145 |
1,754 |
Tradeweb
Markets, Inc. Class A |
158 |
|
|
998 |
CONSUMER
FINANCE—2.4% | ||
292 |
Credit
Acceptance Corp. * |
118 |
4,206 |
Synchrony
Financial |
118 |
|
|
236 |
ELECTRIC
UTILITIES—1.4% | ||
5,547 |
PPL
Corp. |
136 |
ENTERTAINMENT—5.7% | ||
339 |
Netflix,
Inc. * |
140 |
4,763 |
ROBLOX
Corp. Class A* |
151 |
1,755 |
Roku,
Inc. * |
104 |
1,036 |
Spotify
Technology SA * |
171 |
|
|
566 |
FINANCIAL
SERVICES—1.4% | ||
361 |
Mastercard,
Inc. Class A |
136 |
HEALTH
CARE EQUIPMENT & SUPPLIES—4.1% | ||
2,796 |
Boston
Scientific Corp. * |
143 |
2,002 |
GE
HealthCare Technologies, Inc. |
133 |
COMMON
STOCKS—Continued | ||
Shares |
|
Value |
HEALTH
CARE EQUIPMENT & SUPPLIES—Continued | ||
472 |
Intuitive
Surgical, Inc. * |
$124 |
|
|
400 |
HEALTH
CARE PROVIDERS & SERVICES—1.4% | ||
7,717 |
agilon
health, Inc. * |
139 |
HEALTH
CARE TECHNOLOGY—1.3% | ||
6,157 |
Doximity,
Inc. Class A* |
126 |
HOTELS,
RESTAURANTS & LEISURE—1.3% | ||
1,087 |
Airbnb,
Inc. Class A* |
129 |
HOUSEHOLD
PRODUCTS—2.9% | ||
1,897 |
Colgate-Palmolive
Co. |
143 |
923 |
Procter
& Gamble Co. |
138 |
|
|
281 |
INDEPENDENT
POWER AND RENEWABLE ELECTRICITY PRODUCERS—1.1% | ||
7,560 |
AES
Corp. |
113 |
INDUSTRIAL
REITS—1.2% | ||
1,166 |
Prologis,
Inc. |
117 |
INSURANCE—2.6% | ||
2,256 |
First
American Financial Corp. |
116 |
1,072 |
RLI
Corp. |
143 |
|
|
259 |
INTERACTIVE
MEDIA & SERVICES—6.5% | ||
1,101 |
Alphabet,
Inc. Class A* |
137 |
1,096 |
Alphabet,
Inc. Class C* |
137 |
473 |
Meta
Platforms, Inc. Class A* |
142 |
2,127 |
Ziff
Davis, Inc. * |
129 |
7,807 |
ZoomInfo
Technologies, Inc. * |
101 |
|
|
646 |
IT
SERVICES—6.3% | ||
593 |
EPAM
Systems, Inc. * |
129 |
820 |
Globant
SA * |
140 |
396 |
MongoDB,
Inc. * |
136 |
28,383 |
Thoughtworks
Holding, Inc. * |
96 |
2,337 |
Twilio,
Inc. Class A* |
120 |
|
|
621 |
COMMON
STOCKS—Continued | ||
Shares |
|
Value |
LIFE
SCIENCES TOOLS & SERVICES—1.2% | ||
1,134 |
Agilent
Technologies, Inc. |
$117 |
MEDIA—1.4% | ||
1,923 |
Trade
Desk, Inc. Class A* |
136 |
METALS
& MINING—2.5% | ||
2,570 |
Commercial
Metals Co. |
109 |
1,333 |
Steel
Dynamics, Inc. |
142 |
|
|
251 |
MULTI-UTILITIES—1.4% | ||
1,609 |
Consolidated
Edison, Inc. |
141 |
OIL,
GAS & CONSUMABLE FUELS—3.0% | ||
1,227 |
ConocoPhillips
|
146 |
607 |
Pioneer
Natural Resources Co. |
145 |
|
|
291 |
PASSENGER
AIRLINES—1.0% | ||
3,258 |
Delta
Air Lines, Inc. |
102 |
PHARMACEUTICALS—1.3% | ||
833 |
Johnson
& Johnson |
124 |
PROFESSIONAL
SERVICES—2.3% | ||
1,764 |
ASGN,
Inc. * |
147 |
1,809 |
TransUnion
|
80 |
|
|
227 |
RETAIL
REITS—1.3% | ||
3,680 |
Spirit
Realty Capital, Inc. |
132 |
SEMICONDUCTORS
& SEMICONDUCTOR EQUIPMENT—5.0% | ||
4,074 |
Intel
Corp. |
149 |
332 |
NVIDIA
Corp. |
135 |
1,028 |
Silicon
Laboratories, Inc. * |
95 |