HAPI vs DFNL

Comparison between HARBOR HUMAN CAPITAL FACTOR US LARGE CAP ETF (HAPI, ETF) and DAVIS SELECT FINANCIAL ETF (DFNL, ETF).

HAPI vs DFNL - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HAPI(ETF)	DFNL(ETF)
Net Assets	$470M	$469M
Expense Ratio	0.35%	0.61%
Max Drawdown	19.46%	45.70%
Sharpe Ratio	1.39	0.81
5Y Beta	0.95	0.80
P/E Ratio	27.07	16.32
Forward P/E	22.12	11.61
PEG Ratio	0.52	0.33
5Y Dividends CAGR	N/A	13.72%
5Y EPS CAGR	24.01%	7.25%
Debt to Equity	57.61%	44.59%
P/S Ratio	4.41	2.37
P/B Ratio	5.80	1.40

Net Assets

Winner

HAPI

$470M

DFNL

$469M

Expense Ratio

Winner

HAPI

0.35%

DFNL

0.61%

Max Drawdown

Winner

HAPI

19.46%

DFNL

45.70%

Sharpe Ratio

Winner

HAPI

1.39

DFNL

0.81

5Y Beta

HAPI

0.95

Winner

DFNL

0.80

P/E Ratio

HAPI

27.07

Winner

DFNL

16.32

Forward P/E

HAPI

22.12

Winner

DFNL

11.61

PEG Ratio

HAPI

0.52

Winner

DFNL

0.33

5Y Dividends CAGR

HAPI

N/A

DFNL

13.72%

5Y EPS CAGR

Winner

HAPI

24.01%

DFNL

7.25%

Debt to Equity

HAPI

57.61%

Winner

DFNL

44.59%

P/S Ratio

HAPI

4.41

Winner

DFNL

2.37

P/B Ratio

HAPI

5.80

Winner

DFNL

1.40

HAPI vs DFNL - Holdings Comparison

HAPI and DFNL have 7 common holdings. Overlap is 5.27%

HAPI's top 25 holdings weight is 63.58%. DFNL's top 25 holdings weight is 93.87%.

Rank	HAPI	DFNL
#1	AMAZON.COM INC (AMZN) - 6.13%	CAPITAL ONE FINANCIAL CORP (COF) - 9.60%
#2	ALPHABET INC CLASS A (GOOGL) - 5.84%	MARKEL GROUP INC (MKL) - 5.81%
#3	APPLE INC (AAPL) - 5.54%	U.S. BANCORP (USB) - 5.67%
#4	NVIDIA CORP (NVDA) - 5.40%	BERKSHIRE HATHAWAY INC CLASS B (BRK-B) - 5.62%
#5	MICROSOFT CORP (MSFT) - 4.76%	FIFTH THIRD BANCORP (FITB) - 5.37%
#6	META PLATFORMS INC CLASS A (META) - 4.40%	PNC FINANCIAL SERVICES GROUP INC (PNC) - 4.83%
#7	CISCO SYSTEMS INC (CSCO) - 3.36%	CHUBB LTD (CB) - 4.67%
#8	JPMORGAN CHASE & CO (JPM) - 2.84%	WELLS FARGO & CO (WFC) - 4.56%
#9	NETFLIX INC (NFLX) - 2.79%	JULIUS BAER GRUPPE AG (n/a) - 4.52%
#10	ELI LILLY AND CO (LLY) - 2.25%	JPMORGAN CHASE & CO (JPM) - 4.32%
#11	CHEVRON CORP (CVX) - 1.88%	AMERICAN EXPRESS CO (AXP) - 3.52%
#12	KLA CORP (KLAC) - 1.83%	LOEWS CORP (L) - 3.28%
#13	COSTCO WHOLESALE CORP (COST) - 1.64%	RENAISSANCERE HOLDINGS LTD (RNR) - 3.08%
#14	LAM RESEARCH CORP (LRCX) - 1.41%	BANK OF NEW YORK MELLON CORP (BNY) - 2.96%
#15	MASTERCARD INC CLASS A (MA) - 1.37%	DBS GROUP HOLDINGS LTD (n/a) - 2.91%
#16	PROCTER & GAMBLE CO (PG) - 1.36%	ROCKET COMPANIES INC ORDINARY SHARES CLASS A (RKT) - 2.84%
#17	SALESFORCE INC (CRM) - 1.31%	EXOR NV (n/a) - 2.62%
#18	JOHNSON & JOHNSON (JNJ) - 1.30%	DANSKE BANK AS (n/a) - 2.61%
#19	MARVELL TECHNOLOGY INC (MRVL) - 1.27%	TRUIST FINANCIAL CORP (TFC) - 2.44%
#20	CATERPILLAR INC (CAT) - 1.26%	EVEREST GROUP LTD (EG) - 2.38%
#21	PHILIP MORRIS INTERNATIONAL INC (PM) - 1.16%	BANK OF AMERICA CORP (BAC) - 2.35%
#22	ARISTA NETWORKS INC (ANET) - 1.15%	DNB BANK ASA (n/a) - 2.07%
#23	BANK OF AMERICA CORP (BAC) - 1.13%	STATE STREET CORP (STT) - 2.04%
#24	GE AEROSPACE (GE) - 1.13%	BANK OF N.T BUTTERFIELD & SON LTD (n/a) - 1.99%
#25	VERIZON COMMUNICATIONS INC (VZ) - 1.07%	CHIME FINANCIAL INC ORDINARY SHARES CLASS A (CHYM) - 1.81%
Total Holdings	155	31

HAPI vs DFNL - Historical Returns

Returns include dividend reinvestment.

Period	HAPI	DFNL
1 month	+1.88%	+0.02%
3 months	+6.39%	+0.46%
6 months	+8.02%	-0.04%
1 year	+21.48%	+15.99%
5 years(CAGR)	N/A	+10.69%
10 years(CAGR)	N/A	+11.67%
Max(CAGR)	+24.25%	+11.67%

Winner

HAPI

+1.88%

DFNL

+0.02%

Winner

HAPI

+6.39%

DFNL

+0.46%

Winner

HAPI

+8.02%

DFNL

-0.04%

Winner

HAPI

+21.48%

DFNL

+15.99%

5Y(CAGR)

HAPI

N/A

DFNL

+10.69%

10Y(CAGR)

HAPI

N/A

DFNL

+11.67%

Max(CAGR)

Winner

HAPI

+24.25%

DFNL

+11.67%

HAPI vs DFNL - Annual Returns (2017 - 2026)

Returns include dividend reinvestment.

Year	HAPI	DFNL
2026	+7.43%	-4.32%
2025	+16.30%	+29.18%
2024	+28.44%	+28.12%
2023	+30.57%	+13.50%
2022	+6.16%	-9.76%
2021	N/A	+32.55%
2020	N/A	-5.87%
2019	N/A	+26.20%
2018	N/A	-11.18%
2017	N/A	+20.47%

HAPI vs DFNL Drawdown Comparison

The maximum drawdown for HAPI was -19.46%, occurring on Apr 8, 2025. Recovery took 88 trading sessions.

The maximum drawdown for DFNL was -44.51%, occurring on Mar 23, 2020. Recovery took 259 trading sessions.

The current HAPI drawdown is -2.09%. The current DFNL drawdown is -6.49%.

Rank	HAPI	DFNL
#1	-19.46% Feb 19, 2025 - Jun 26, 2025	-44.51% Jan 2, 2020 - Jan 12, 2021
#2	-9.41% Jul 16, 2024 - Sep 19, 2024	-26.27% Feb 9, 2022 - Feb 29, 2024
#3	-9.27% Jul 28, 2023 - Nov 20, 2023	-21.13% Jan 26, 2018 - Nov 4, 2019
#4	-8.12% Jan 12, 2026 - Apr 14, 2026	-16.05% Feb 6, 2025 - May 13, 2025
#5	-7.30% Feb 2, 2023 - Apr 13, 2023	-12.94% Jan 6, 2026 - Mar 27, 2026
#6	-7.02% Dec 1, 2022 - Jan 26, 2023	-9.36% Oct 22, 2021 - Jan 7, 2022
#7	-5.77% Mar 28, 2024 - May 15, 2024	-8.80% Jun 4, 2021 - Aug 11, 2021
#8	-5.06% Oct 27, 2025 - Dec 23, 2025	-8.49% Jan 14, 2021 - Feb 16, 2021
#9	-4.39% Oct 28, 2022 - Nov 10, 2022	-7.94% Nov 29, 2024 - Jan 27, 2025
#10	-4.34% Dec 11, 2024 - Jan 23, 2025	-7.45% Jul 30, 2024 - Aug 23, 2024
#11	-2.49% Oct 6, 2025 - Oct 20, 2025	-7.09% Aug 12, 2021 - Oct 8, 2021
#12	-2.49% Oct 18, 2024 - Nov 6, 2024	-6.54% Jan 13, 2022 - Feb 9, 2022
#13	-2.46% May 1, 2023 - May 17, 2023	-6.53% Mar 28, 2024 - May 8, 2024
#14	-2.43% Jun 15, 2023 - Jun 30, 2023	-6.31% Mar 1, 2017 - Jun 13, 2017
#15	-2.41% Oct 13, 2022 - Oct 17, 2022	-5.61% Sep 18, 2025 - Nov 11, 2025