HAPS vs MPA

Comparison between HARBOR HUMAN CAPITAL FACTOR US SMALL CAP ETF (HAPS, ETF) and BlackRock MuniYield Pennsylvania Quality Fund (MPA, ETF).

HAPS vs MPA - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HAPS(ETF)	MPA(ETF)
Net Assets	$160M	$160M
Expense Ratio	0.61%	N/A
Max Drawdown	27.96%	52.06%
Sharpe Ratio	1.28	0.96
5Y Beta	1.02	0.19
P/E Ratio	59.04	N/A
Forward P/E	11.39	N/A
5Y Dividends CAGR	N/A	2.54%
5Y EPS CAGR	8.95%	N/A
Debt to Equity	104.80%	N/A
P/S Ratio	1.10	N/A
P/B Ratio	2.04	N/A

Net Assets

Winner

HAPS

$160M

MPA

$160M

Expense Ratio

HAPS

0.61%

MPA

N/A

Max Drawdown

Winner

HAPS

27.96%

MPA

52.06%

Sharpe Ratio

Winner

HAPS

1.28

MPA

0.96

5Y Beta

HAPS

1.02

Winner

MPA

0.19

P/E Ratio

HAPS

59.04

MPA

N/A

Forward P/E

HAPS

11.39

MPA

N/A

5Y Dividends CAGR

HAPS

N/A

MPA

2.54%

5Y EPS CAGR

HAPS

8.95%

MPA

N/A

Debt to Equity

HAPS

104.80%

MPA

N/A

P/S Ratio

HAPS

1.10

MPA

N/A

P/B Ratio

HAPS

2.04

MPA

N/A

HAPS vs MPA - Historical Returns

Returns include dividend reinvestment.

Period	HAPS	MPA
1 month	+4.82%	-0.81%
3 months	+17.35%	+1.10%
6 months	+11.43%	+2.42%
1 year	+29.77%	+10.92%
5 years(CAGR)	N/A	-1.27%
10 years(CAGR)	N/A	+1.81%
Max(CAGR)	+12.45%	+5.25%

Winner

HAPS

+4.82%

MPA

-0.81%

Winner

HAPS

+17.35%

MPA

+1.10%

Winner

HAPS

+11.43%

MPA

+2.42%

Winner

HAPS

+29.77%

MPA

+10.92%

5Y(CAGR)

HAPS

N/A

MPA

-1.27%

10Y(CAGR)

HAPS

N/A

MPA

+1.81%

Max(CAGR)

Winner

HAPS

+12.45%

MPA

+5.25%

HAPS vs MPA - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	HAPS	MPA
2026	+14.13%	+3.79%
2025	+8.30%	+0.55%
2024	+5.37%	+6.14%
2023	+12.43%	+8.38%
2022	N/A	-30.62%
2021	N/A	+18.49%
2020	N/A	+8.74%
2019	N/A	+16.73%
2018	N/A	-8.13%
2017	N/A	+5.79%
2016	N/A	+1.69%
2015	N/A	+7.67%
2014	N/A	+19.02%
2013	N/A	-17.83%
2012	N/A	+9.22%
2011	N/A	+24.24%
2010	N/A	+7.57%
2009	N/A	+43.74%
2008	N/A	-28.52%
2007	N/A	-2.68%
2006	N/A	-0.10%
2005	N/A	+3.08%
2004	N/A	+10.03%
2003	N/A	+11.46%
2002	N/A	+10.51%
2001	N/A	+18.13%
2000	N/A	+10.32%
1999	N/A	-4.57%

HAPS vs MPA Drawdown Comparison

The maximum drawdown for HAPS was -27.44%, occurring on Apr 8, 2025. Recovery took 270 trading sessions.

The maximum drawdown for MPA was -44.76%, occurring on Oct 10, 2008. Recovery took 587 trading sessions.

The current MPA drawdown is -17.19%.

Rank	HAPS	MPA
#1	-27.44% Nov 11, 2024 - Dec 10, 2025	-44.76% May 8, 2007 - Sep 3, 2009
#2	-19.39% Jul 31, 2023 - Dec 14, 2023	-38.09% Dec 14, 2021 - Oct 27, 2022
#3	-10.01% Jan 22, 2026 - Apr 16, 2026	-25.90% Feb 24, 2020 - Nov 24, 2020
#4	-9.86% Jul 31, 2024 - Sep 19, 2024	-24.32% Jan 7, 2013 - Jan 12, 2015
#5	-9.57% Dec 27, 2023 - Jul 16, 2024	-17.24% Aug 19, 2010 - Sep 12, 2011
#6	-5.94% Apr 17, 2023 - Jun 2, 2023	-17.14% Sep 8, 2016 - Aug 7, 2019
#7	-5.19% Jun 13, 2023 - Jul 11, 2023	-16.26% Mar 25, 2004 - Oct 18, 2004
#8	-4.61% May 6, 2026 - Jun 4, 2026	-11.62% Jun 12, 2003 - Jan 5, 2004
#9	-4.12% Oct 16, 2024 - Nov 6, 2024	-10.87% Mar 8, 2012 - Nov 9, 2012
#10	-3.59% Sep 19, 2024 - Oct 16, 2024	-10.66% Nov 2, 1999 - Feb 4, 2000
#11	-3.27% Dec 11, 2025 - Jan 8, 2026	-10.48% Feb 4, 2000 - Jul 7, 2000
#12	-2.99% Jul 16, 2024 - Jul 30, 2024	-10.40% Oct 7, 2002 - May 6, 2003
#13	-2.40% Dec 19, 2023 - Dec 22, 2023	-9.99% Aug 12, 2005 - Mar 8, 2007
#14	-2.25% Jul 19, 2023 - Jul 31, 2023	-9.97% Mar 3, 2015 - Dec 22, 2015
#15	-2.14% Jan 15, 2026 - Jan 22, 2026	-9.70% Feb 8, 2005 - Jun 7, 2005

Correlation

Correlation between HAPS and MPA is 0.83 which considered as a strong positive correlation - the stocks tend to move together.

0.83

-101

Dividend Comparison (2000 - 2026)

HAPS vs MPA dividend yield comparison.

Year	HAPS	MPA
2026	0.00%	2.11%
2025	0.57%	6.98%
2024	0.72%	6.02%
2023	0.42%	3.63%
2022	0.00%	5.60%
2021	0.00%	3.94%
2020	0.00%	4.12%
2019	0.00%	4.16%
2018	0.00%	5.40%
2017	0.00%	5.22%
2016	0.00%	5.56%
2015	0.00%	5.94%
2014	0.00%	6.19%
2013	0.00%	6.93%
2012	0.00%	5.51%
2011	0.00%	5.81%
2010	0.00%	6.45%
2009	0.00%	5.43%
2008	0.00%	6.98%
2007	0.00%	5.00%
2006	0.00%	5.11%
2005	0.00%	6.06%
2004	0.00%	6.22%
2003	0.00%	6.36%
2002	0.00%	6.58%
2001	0.00%	6.00%
2000	0.00%	2.58%