HAPI vs VO

AHAPI

BVO

Measures won3–2HAPI wins · of 6 · 5Y

$10,000 · 5Y$18,115VOO · IWF $16,559

Lowest cost0.03%VO · $3 on $10k

Most income1.34%VO · $134 on $10k

Smallest drop−8.1%HAPI · worst fall in 1Y

Held in common13.7%HAPI and VO

HAPI

Harbor Human Capital Factor US Large Cap ETF (HAPI) · $503MVanguard Morningstar Mid-Cap ETF · $103B

+23.9%3 years · per year$19,002 · $17,578+20.7%

[…]5 years · per year[…] · $14,290+7.4%

0.35%Expense ratio$35 · $3 on $10k · lower wins0.03%

0.77%12-mo yield$77 · $134 on $10k1.34%

−8.1%Worst dropSmaller wins−8.2%

12.2%VolatilityLower wins12.4%

3–2HAPI wins

$10,000 · 5 yearsAll four, one scale

Shared top holdingsHAPI · VO

0.6%CEG0.8%

0.6%VLO1.1%

0.5%MSI0.7%

0.5%NUE0.5%

Held in common13.7%

End-of-day Nov 4, 2026 · $10,000 5 years ago, dividends reinvested · ● winner of the row · each row scaled to the bigger of the two

All Four

5Y4 funds

#
1	VOO	Vanguard S&P 500 ETFRead Desk	0.03%	1.05%	+1.6%	+13.4%	+13.5%	+24.2%	+12.6%	−8.9%	$1.00T
2	IWF	iShares Russell 1000 Growth ETFRead Desk	0.18%	0.37%	+0.4%	−0.1%	−3.0%	+22.3%	+10.6%	−15.6%	$120.5B
3	BVO	Vanguard Morningstar Mid-Cap ETFRead Desk	0.03%	1.34%	+0.9%	+14.7%	+15.3%	+20.7%	+7.4%	−8.2%	$103.4B
4	AHAPI	Harbor Human Capital Factor US Large Cap ETF (HAPI)Read Desk	0.35%	0.77%	+2.0%	+12.3%	+13.6%	+23.9%	new	−8.1%	$503M

End-of-day Nov 4, 2026 · total return, dividends in · 3Y and 5Y per year · A and B = the pair in versus

All Four

5Y4 funds

#
1	VOO	Vanguard S&P 500 ETFRead Desk	0.03%	1.05%	+1.6%	+13.4%	+13.5%	+24.2%	+12.6%	−8.9%	$1.00T
2	IWF	iShares Russell 1000 Growth ETFRead Desk	0.18%	0.37%	+0.4%	−0.1%	−3.0%	+22.3%	+10.6%	−15.6%	$120.5B
3	BVO	Vanguard Morningstar Mid-Cap ETFRead Desk	0.03%	1.34%	+0.9%	+14.7%	+15.3%	+20.7%	+7.4%	−8.2%	$103.4B
4	AHAPI	Harbor Human Capital Factor US Large Cap ETF (HAPI)Read Desk	0.35%	0.77%	+2.0%	+12.3%	+13.6%	+23.9%	new	−8.1%	$503M

End-of-day Nov 4, 2026 · total return, dividends in · 3Y and 5Y per year · A and B = the pair in versus

Cards for this view

HAPI vs VO

HAPI

Harbor Human Capital Factor US Large Cap ETF (HAPI)

[…]

Vanguard Morningstar Mid-Cap

$14,290

MeasureHAPIVO

Fee0.35%0.03%

Cost on $10k a year$35$3

Yield0.77%1.34%

5 years, per year[…]+7.4%

3 years, per year+23.9%+20.7%

Worst drop · 1Y−8.1%−8.2%

Volatility · 1Y12.2%12.4%

3–2measures won
HAPI first

13.7%

holdings shared

Nov 4, 2026 · $10,000 five years ago, dividends reinvested

SPYM vs SPY

YTD

SPDRSPYM

+13.4%

SPYSPDR

+13.3%

+13.4%Year to date+13.3%

1.0%Yield1.0%

$182BAssets$805B

1–0SPYM wins

End-of-day Nov 4, 2026

VUG vs SCHG

YTD

VanguardVUG

+6.3%

SCHGSchwab

+6.8%

+6.3%Year to date+6.8%

0.03% · $3Fee · on $10k a year0.04% · $4

$233BAssets$62.5B

1–1level

End-of-day Nov 4, 2026

VOO vs IVV

YTD

VanguardVOO

+13.4%

IVViShares

+13.4%

+13.4%Year to date+13.4%

1.1%Yield1.1%

$1.00TAssets$887B

0–0level

End-of-day Nov 4, 2026

Overlap: HAPI, VO, VOO, IWF

Today

59.1%most shared, VOO and IWF

HAPIVOVOOIWF

HAPI—13.7%49.9%43.6%

VO13.7%—15.4%9.3%

VOO49.9%15.4%—59.1%

IWF43.6%9.3%59.1%—

End-of-day Nov 4, 2026 · share held in common · outlined: the pair in versus

Income After Fees on $10,000

$131most kept, VO

VO$134 − $3 = $131

VOO$105 − $3 = $102

HAPI$77 − $35 = $42

IWF$37 − $18 = $19

KeptFee

End-of-day Nov 4, 2026 · yield in dollars minus the fee