Harbor Human Capital Factor US Large Cap ETF
HAPI

$34.42

0.06%

Market Cap: $347M

0

Funds holding %

of 6,728 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

50% more first-time investments, than exits

New positions opened: 3 | Existing positions closed: 2

20% more funds holding

Funds holding: 5 [Q1] → 6 (+1) [Q2]

4% more capital invested

Capital invested by funds: $315M [Q1] → $330M (+$14.1M) [Q2]

1.23% less ownership

Funds ownership: 99.72% [Q1] → 98.48% (-1.23%) [Q2]

100% less repeat investments, than reductions

Existing positions increased: 0 | Existing positions reduced: 2

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Research analyst outlook

We haven’t received any recent analyst ratings for HAPI.

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Financial journalist opinion

HAPI: Why This Large-Cap Human Capital Factor ETF Works

HAPI ETF uses a proprietary method to select 150 U.S. large-cap companies with strong corporate cultures. It's an unusual source of potential alpha, but HAPI has outperformed SPY by 10%. Dan Ariely, co-founder of Irrational Capital, attempts to quantify the employer-employee relationship by focusing on intrinsic motivation, perceived compensation fairness, and limited bureaucracy. However, HAPI has not succeeded based on the human capital factor alone. As I will demonstrate, its starting universe, weighting scheme, and sector-neutral approach are crucial to the fund's success.

HAPI: Why This Large-Cap Human Capital Factor ETF Works

This ETF outperforms by stressing corporate culture — but not ESG

Some investors want to take a socially conscious approach to their portfolios. Some try to keep things more simple by investing in companies they believe are likely to be good financial performers, to support rising share prices.

This ETF outperforms by stressing corporate culture — but not ESG

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