HAPI vs VO

AHAPI

BVO

Measures won3–2HAPI wins · of 6 · 5Y

$10,000 · 5Y$17,156VOO · VTI $16,332

Lowest cost0.03%VO · $3 on $10k

Most income1.39%VO · $139 on $10k

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

Held in common13.5%HAPI and VO

HAPI

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

+22.1%3 years · per year$18,219 · $16,795+18.9%

[…]5 years · per year[…] · $13,616+6.4%

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

0.80%12-mo yield$80 · $139 on $10k1.39%

−8.1%Worst dropSmaller wins−8.2%

12.8%VolatilityLower wins12.9%

3–2HAPI wins

$10,000 · 5 yearsAll four, one scale

Shared top holdingsHAPI · VO

0.6%CEG0.8%

0.5%VLO1.1%

0.5%MSI0.7%

0.4%NUE0.5%

Held in common13.5%

End-of-day Nov 5, 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%	1.10%	−4.4%	+8.4%	+9.8%	+22.1%	+11.4%	−8.9%	$1.00T
2	VTI	Vanguard Morningstar Total Stock Market ETFRead Desk	0.03%	1.10%	−4.4%	+8.4%	+9.9%	+21.9%	+10.3%	−8.9%	$689.2B
3	BVO	Vanguard Morningstar Mid-Cap ETFRead Desk	0.03%	1.39%	−3.5%	+10.7%	+12.4%	+18.9%	+6.4%	−8.2%	$103.4B
4	AHAPI	Harbor Human Capital Factor US Large Cap ETF (HAPI)Read Desk	0.35%	0.80%	−3.7%	+8.2%	+10.5%	+22.1%	new	−8.1%	$503M

End-of-day Nov 5, 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%	1.10%	−4.4%	+8.4%	+9.8%	+22.1%	+11.4%	−8.9%	$1.00T
2	VTI	Vanguard Morningstar Total Stock Market ETFRead Desk	0.03%	1.10%	−4.4%	+8.4%	+9.9%	+21.9%	+10.3%	−8.9%	$689.2B
3	BVO	Vanguard Morningstar Mid-Cap ETFRead Desk	0.03%	1.39%	−3.5%	+10.7%	+12.4%	+18.9%	+6.4%	−8.2%	$103.4B
4	AHAPI	Harbor Human Capital Factor US Large Cap ETF (HAPI)Read Desk	0.35%	0.80%	−3.7%	+8.2%	+10.5%	+22.1%	new	−8.1%	$503M

End-of-day Nov 5, 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

$13,616

MeasureHAPIVO

Fee0.35%0.03%

Cost on $10k a year$35$3

Yield0.80%1.39%

5 years, per year[…]+6.4%

3 years, per year+22.1%+18.9%

Worst drop · 1Y−8.1%−8.2%

Volatility · 1Y12.8%12.9%

3–2measures won
HAPI first

13.5%

holdings shared

Nov 5, 2026 · $10,000 five years ago, dividends reinvested

SPYM vs SPY

YTD

SPDRSPYM

+8.4%

SPYSPDR

+8.3%

+8.4%Year to date+8.3%

1.1%Yield1.0%

$182BAssets$805B

2–0SPYM wins

End-of-day Nov 5, 2026

VTI vs ITOT

YTD

VanguardVTI

+8.4%

ITOTiShares

+8.4%

+8.4%Year to date+8.4%

1.1%Yield1.1%

$689BAssets$97.0B

0–0level

End-of-day Nov 5, 2026

VOO vs IVV

YTD

VanguardVOO

+8.4%

IVViShares

+8.4%

+8.4%Year to date+8.4%

1.1%Yield1.1%

$1.00TAssets$887B

0–0level

End-of-day Nov 5, 2026

Overlap: HAPI, VO, VOO, VTI

Today

89.0%most shared, VOO and VTI

HAPIVOVOOVTI

HAPI—13.5%49.9%46.2%

VO13.5%—15.4%15.0%

VOO49.9%15.4%—89.0%

VTI46.2%15.0%89.0%—

End-of-day Nov 5, 2026 · share held in common · outlined: the pair in versus

Income After Fees on $10,000

$136most kept, VO

VO$139 − $3 = $136

VOO$110 − $3 = $107

VTI$110 − $3 = $107

HAPI$80 − $35 = $45

KeptFee

End-of-day Nov 5, 2026 · yield in dollars minus the fee