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Stock impact report

Harbor Human Capital Factor US Large Cap ETF Q3 2025 Commentary [Seeking Alpha]

Orix Corp Ads (IX) 
US:NYSE Investor Relations: orix.co.jp/grp/en/ir
Company Research Source: Seeking Alpha
During the third quarter, the Harbor Human Capital Factor US Large Cap ETF returned 5.50%, slightly underperforming its benchmark, the Human Capital Factor Large Cap Total Return Index, which returned 5.59%. By comparison, the S&P 500 Index, a proxy for U.S. large-cap equities, posted gains of 8.12%. Dragos Condrea/iStock via Getty Images Manager Commentary - As of 09/30/2025 “Market sentiment was buoyed by rising expectations of eventual Federal Reserve rate cuts, which provided additional support for duration-sensitive growth exposures.” - Harbor Capital Advisors, Inc. Market in This article was written by Quick Insights HAPI underperformed due to lack of exposure to Tesla and Broadcom, and overweights in Netflix and Disney, while the S&P 500's tech-heavy rally outpaced HAPI's holdings. HAPI employs a rules-driven, index-based approach focused on companies with strong corporate culture, rebalancing annually and eliminating holdings only for corporate actions or in Show less Read more
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