QQQ vs HAPI

AQQQ

BHAPI

Measures won2–3HAPI wins · of 6 · 5Y

$10,000 · 5Y$18,763QQQ · SPY $18,060

Lowest cost0.03%VUG · $3 on $10k

Most income0.99%SPY · $99 on $10k

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

Held in common41.2%QQQ and HAPI

QQQ

HAPI

Invesco QQQ Trust, Series 1 · $465BHarbor Human Capital Factor US Large Cap ETF (HAPI) · $503M

+26.3%3 years · per year$20,153 · $19,002+23.9%

+13.4%5 years · per year$18,763 · […][…]

0.18%Expense ratio$18 · $35 on $10k · lower wins0.35%

0.45%12-mo yield$45 · $77 on $10k0.77%

−11.7%Worst dropSmaller wins−8.1%

20.3%VolatilityLower wins12.2%

2–3HAPI wins

$10,000 · 5 yearsAll four, one scale

Shared top holdingsQQQ · HAPI

6.3%MSFT5.9%

7.9%AAPL5.9%

8.1%NVDA5.1%

4.4%AMZN5.7%

Held in common41.2%

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	AQQQ	Invesco QQQ Trust, Series 1Read Desk	0.18%	0.45%	+1.0%	+13.0%	+10.0%	+26.3%	+13.4%	−11.7%	$464.6B
2	SPY	State Street SPDR S&P 500 ETFRead Desk	0.09%	0.99%	+1.7%	+13.3%	+13.4%	+24.1%	+12.6%	−8.9%	$804.8B
3	VUG	Vanguard Morningstar Growth ETFRead Desk	0.03%	0.40%	+1.5%	+6.3%	+3.4%	+25.4%	+11.4%	−16.1%	$232.9B
4	BHAPI	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	AQQQ	Invesco QQQ Trust, Series 1Read Desk	0.18%	0.45%	+1.0%	+13.0%	+10.0%	+26.3%	+13.4%	−11.7%	$464.6B
2	SPY	State Street SPDR S&P 500 ETFRead Desk	0.09%	0.99%	+1.7%	+13.3%	+13.4%	+24.1%	+12.6%	−8.9%	$804.8B
3	VUG	Vanguard Morningstar Growth ETFRead Desk	0.03%	0.40%	+1.5%	+6.3%	+3.4%	+25.4%	+11.4%	−16.1%	$232.9B
4	BHAPI	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

QQQ vs HAPI

QQQ

Invesco QQQ Trust

$18,763

HAPI

Harbor Human Capital Factor US Large Cap ETF (HAPI)

[…]

MeasureQQQHAPI

Fee0.18%0.35%

Cost on $10k a year$18$35

Yield0.45%0.77%

5 years, per year+13.4%[…]

3 years, per year+26.3%+23.9%

Worst drop · 1Y−11.7%−8.1%

Volatility · 1Y20.3%12.2%

3–2measures won
HAPI first

41.2%

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

QQQM vs QQQ

YTD

InvescoQQQM

+13.1%

QQQInvesco

+13.0%

+13.1%Year to date+13.0%

0.15% · $15Fee · on $10k a year0.18% · $18

$106BAssets$465B

2–0QQQM 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

Overlap: QQQ, HAPI, SPY, VUG

Today

60.8%most shared, QQQ and VUG

QQQHAPISPYVUG

QQQ—41.2%52.8%60.8%

HAPI41.2%—50.2%43.7%

SPY52.8%50.2%—55.4%

VUG60.8%43.7%55.4%—

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

Income After Fees on $10,000

$90most kept, SPY

SPY$99 − $9 = $90

HAPI$77 − $35 = $42

VUG$40 − $3 = $37

QQQ$45 − $18 = $27

KeptFee

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