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HAPIvsAAEQETF Comparison

ETF 1
HAPI

Harbor Human Capital Factor US Large Cap ETF

VS
ETF 2
AAEQ

Alpha Architect US Equity 2 ETF

This fund is part of
US All Cap
+0%

Harbor Human Capital Factor US Large Cap ETF (HAPI) belongs to the segment. Alpha Architect US Equity 2 ETF (AAEQ) is part of the US All Cap segment. HAPI's top 3 sector exposures are Information Technology, Communication Services and Financials. In contrast, AAEQ's top sector exposures are Information Technology, Communication Services and Consumer Discretionary. HAPI is more expensive with a Total Expense Ratio (TER) of 0.35%, versus 0.15% for AAEQ. HAPI is up 4.51% year-to-date (YTD) with +$6M in YTD flows. AAEQ performs worse with 3.08% YTD performance, and -$13M in YTD flows. Run a side-by-side ETF comparison of HAPI and AAEQ below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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HAPI vs AAEQ performance and flow charts

Performance

024681012%Mar 30Apr 7Apr 14Apr 21Apr 28

Cumulative Flows

-2 M-1.5 M-1 M-0.5 M0 MMar 30Apr 7Apr 14Apr 21Apr 28

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Historic performance and flows
Data as of 04/28/2026
1M3MYTD1Y3Y5Y
Perf.
HAPI
AAEQ
+10.98%+12.44%
+2.91%+2.22%
+4.51%+3.08%
+28.03%n/a
+81.24%n/a
n/an/a
Flows
HAPI
AAEQ
--$2M
+$4M-$12M
+$6M-$13M
+$17M-
+$35M-
--
Volatility and drawdown
3M1Y3Y5Y
Volatility
HAPI
AAEQ
+15.10%+15.33%
+12.15%n/a
+15.06%n/a
n/an/a
Max drawdown
HAPI
AAEQ
-7.54%-9.09%
-7.57%n/a
-19.45%n/a
n/an/a
Max drawdown duration
HAPI
AAEQ
67d75d
89dn/a
126dn/a
n/an/a
Trading data

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HAPI
AAEQ
Last sale
4/30/2026 at 1:30 PM
$43.14
$51.41
Previous close
04/29/2026
$42.71
$50.82
Consolidated volume
04/29/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of April 28, 2026
1-year trailing difference

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AAEQ
is actively managed and doesn’t replicate an index

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HAPI
AAEQ
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 4/30/2026 at 1:30 PM
Live
Closed
HAPI
AAEQ
Last price
$43.14
$51.41
1D performance
+1.01%
+1.17%
AuM$467.07 M$474.99 M
E/R0.35%0.15%
Characteristics
HAPI
AAEQ
Management strategyPassiveActive
ProviderHarbor CapitalAlpha Architect
BenchmarkHuman Capital Factor Large Cap Index-
N° of holdings143338
Asset class--
Trailing 12m distribution yield
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Inception dateOctober 12, 2022December 10, 2025
ESGYesNo
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Exposure

Countries

HAPI
USA
96.35%
Other
3.65%
AAEQ
USA
97.01%
Other
2.99%

Sectors

HAPI
Information Techn.
30.18%
Communication Ser.
15.71%
Financials
10.57%
Consumer Discreti.
9.03%
Health Care
8.63%
Industrials
7.98%
Other
17.91%
AAEQ
Information Techn.
34.59%
Communication Ser.
10.38%
Consumer Discreti.
10.25%
Financials
10.17%
Health Care
9.48%
Industrials
8.08%
Other
17.05%
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Diversification

HAPI

Total weight of top 15 holdings out of 15

49.53%
AAEQ

Total weight of top 15 holdings out of 15

45.62%

Top 15 holdings

Data as of March 31, 2026
HAPI
AMAZON.COM INC
5.39%
APPLE
5.11%
NVIDIA
4.91%
ALPHABET INC-CL
4.84%
MICROSOFT-T
4.75%
META PLATFORMS
4.60%
NETFLIX
3.42%
JPMORGAN CHASE
3.05%
CISCO-T
2.47%
CHEVRON TEXACO
2.36%
LILLY
2.18%
COSTCO WHOLESALE
1.82%
MASTERCARD
1.56%
JOHNSON&JOHNSON
1.54%
PROCTERGAMBLE
1.53%
AAEQ
APPLE
7.68%
NVIDIA
7.35%
MICROSOFT-T
5.64%
AMAZON.COM INC
3.63%
ALPHABET INC-CL
3.33%
ALPHABET INC-CL
2.66%
BROADCOM LIMITED
2.55%
META PLATFORMS
2.15%
TESLA
1.84%
BERKSHIRE HATHWAY
1.83%
JPMORGAN CHASE
1.60%
EXXON
1.51%
LILLY
1.48%
JOHNSON&JOHNSON
1.22%
WALMART INC
1.15%
Frequently asked questions about HAPI and AAEQ

How have the HAPI and AAEQ ETFs performed in 2026?

As of April 28, 2026, HAPI is up 4.51% year-to-date (YTD), while AAEQ has returned 3.08%. That puts HAPI better performer ahead so far this year.

Which ETF is attracting more investor money: HAPI or AAEQ?

Year-to-date, the HAPI ETF saw +$6M in flows, compared to -$13M for AAEQ.

Which ETF is bigger: HAPI or AAEQ?

As of April 28, 2026, HAPI holds $467.07 M in assets under management (AUM), while AAEQ manages $474.99 M.

What sectors do the HAPI and AAEQ ETFs invest in?

HAPI leans toward sectors like Information Technology, Communication Services and Financials. Meanwhile, AAEQ focuses on Information Technology, Communication Services and Consumer Discretionary.

What are the top holdings of the HAPI ETF and AAEQ ETF?

HAPI top holdings include AMAZON.COM INC, APPLE and NVIDIA. AAEQ holds in its top three: APPLE, NVIDIA and MICROSOFT-T.

Which ETF is more diversified: HAPI or AAEQ?

HAPI holds 146 securities with 49.53% of its assets in the top 15. AAEQ has 352 securities and a top 15 weight of 45.62%.

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