Harbor Disruptive Innovation Etf Profile
| INNO Etf | USD 17.23 0.15 0.86% |
Performance12 of 100
| Odds Of DistressLess than 10
|
Harbor Disruptive is selling at 17.23 as of the 28th of November 2024; that is 0.86 percent decrease since the beginning of the trading day. The etf's open price was 17.38. Harbor Disruptive has less than a 10 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. Equity ratings for Harbor Disruptive Innovation are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of August 2024 and ending today, the 28th of November 2024. Click here to learn more.
Under normal market conditions, the fund invests primarily in equity securities, principally common stocks, of companies selected based on their potential for growth tied to disruptive innovation. Harbor Disruptive is traded on NYSEARCA Exchange in the United States. The company has 179.21 M outstanding shares. More on Harbor Disruptive Innovation
Moving together with Harbor Etf
Harbor Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Strategy ETFs, Theme ETFs, Large Growth, Harbor, Asset Management, Financial Services (View all Sectors) |
| Issuer | Harbor Capital Advisors |
| Inception Date | 2021-12-01 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 3.91 Million |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Theme |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | Harbor Capital Advisors, Inc. |
| Advisor | Harbor Capital Advisors, Inc. |
| Custodian | State Street Bank and Trust Company |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | Spenser Lerner, Kristof Gleich |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 31-Oct |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 73.0 |
| Market Maker | GTS |
| Total Expense | 0.75 |
| Management Fee | 0.75 |
| Country Name | USA |
| Returns Y T D | 20.05 |
| Name | Harbor Disruptive Innovation ETF |
| Currency Code | USD |
| Open Figi | BBG013QPVHD2 |
| 1y Volatility | 20.6 |
| 200 Day M A | 15.6909 |
| 50 Day M A | 16.2921 |
| Code | INNO |
| Updated At | 27th of November 2024 |
| Currency Name | US Dollar |
| Type | ETF |
Harbor Disruptive Innovation [INNO] is traded in USA and was established 2021-12-01. The fund is listed under Large Growth category and is part of Harbor family. The entity is thematically classified as Strategy ETFs. Harbor Disruptive currently have 6.95 M in assets under management (AUM). , while the total return for the last year was 30.6%.
Harbor Disruptive Innovation currently holds about 8 in cash with (1.4 K) of positive cash flow from operations.
Check Harbor Disruptive Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Harbor Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Harbor Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Harbor Disruptive Innovation Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Harbor Disruptive Currency Exposure
Harbor Disruptive Innovation holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of Harbor Disruptive will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in Harbor Disruptive Innovation.
Top Harbor Disruptive Innovation Etf Constituents
| CGNX | Cognex | Stock | Information Technology | |
| GEV | GE Vernova LLC | Stock | Utilities | |
| LEGN | Legend Biotech Corp | Stock | Health Care | |
| SE | Sea | Stock | Communication Services | |
| ORCL | Oracle | Stock | Information Technology | |
| LSCC | Lattice Semiconductor | Stock | Information Technology | |
| IOT | Samsara | Stock | Information Technology | |
| TXN | Texas Instruments Incorporated | Stock | Information Technology |
Harbor Disruptive Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Harbor Disruptive. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.1219 | |||
| Jensen Alpha | 0.0338 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0337 |
Harbor Disruptive Against Markets
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Harbor Disruptive Innovation. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
The market value of Harbor Disruptive is measured differently than its book value, which is the value of Harbor that is recorded on the company's balance sheet. Investors also form their own opinion of Harbor Disruptive's value that differs from its market value or its book value, called intrinsic value, which is Harbor Disruptive's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Harbor Disruptive's market value can be influenced by many factors that don't directly affect Harbor Disruptive's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Harbor Disruptive's value and its price as these two are different measures arrived at by different means. Investors typically determine if Harbor Disruptive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Harbor Disruptive's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.