EPMV vs. WINN

Last updated Jun 24, 2026

EPMV (Harbor Mid Cap Value ETF) and WINN (Harbor Long-Term Growers ETF) are both exchange-traded funds - EPMV is a Mid Cap Value Equities fund actively managed by Harbor, while WINN is a Large Cap Growth Equities fund actively managed by Harbor. Both are actively managed. Over the past year, EPMV returned 27.69% vs 13.47% for WINN. A 0.51 correlation means they provide meaningful diversification when combined. EPMV charges 0.88%/yr vs 0.57%/yr for WINN.

Performance

EPMV vs. WINN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Harbor Mid Cap Value ETF (EPMV) and Harbor Long-Term Growers ETF (WINN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EPMV achieves a 18.03% return, which is significantly higher than WINN's 1.85% return.

EPMV

• 1D: -0.90%
• 1M: 2.72%
• YTD: 18.03%
• 6M: 16.31%
• 1Y: 27.69%
• 3Y*: —
• 5Y*: —
• 10Y*: —

WINN

• 1D: -1.46%
• 1M: -3.12%
• YTD: 1.85%
• 6M: 0.70%
• 1Y: 13.47%
• 3Y*: 20.32%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

EPMV vs. WINN - Yearly Performance Comparison

	2026 (YTD)	2025
EPMV Harbor Mid Cap Value ETF	18.03%	14.19%
WINN Harbor Long-Term Growers ETF	1.85%	22.07%

Correlation

The correlation between EPMV and WINN is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.48
Correlation (All Time) Calculated using the full available price history since May 2, 2025	0.51

The correlation between EPMV and WINN has been stable across timeframes, ranging from 0.48 to 0.51 - a consistent structural relationship.

EPMV vs. WINN - Sectors Allocation Comparison

Sectors	EPMV	WINN
Financial Services	18.7%	3.7%
Industrials	18.3%	6.5%
Technology	15.9%	52.8%
Consumer Cyclical	13.7%	12.0%
Healthcare	7.7%	6.1%
Real Estate	6.5%	0.4%
Basic Materials	6.0%	-
Energy	4.6%	-
Utilities	2.7%	2.2%
Consumer Defensive	1.5%	2.5%
Communication Services	-	14.1%

Return for Risk

EPMV vs. WINN — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EPMV

EPMV Risk / Return Rank: 62
EPMV Sharpe Ratio Rank: 59
EPMV Sortino Ratio Rank: 64
EPMV Omega Ratio Rank: 56
EPMV Calmar Ratio Rank: 70
EPMV Martin Ratio Rank: 63

WINN

WINN Risk / Return Rank: 22
WINN Sharpe Ratio Rank: 24
WINN Sortino Ratio Rank: 23
WINN Omega Ratio Rank: 22
WINN Calmar Ratio Rank: 18
WINN Martin Ratio Rank: 20

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

EPMV vs. WINN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Harbor Mid Cap Value ETF (EPMV) and Harbor Long-Term Growers ETF (WINN). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	EPMV	WINN	Difference
Sharpe ratio: Return per unit of total volatility	1.79	0.79	+1.00
Sortino ratio: Return per unit of downside risk	2.63	1.18	+1.45
Omega ratio: Gain probability vs. loss probability	1.32	1.15	+0.17
Calmar ratio: Return relative to maximum drawdown	3.17	0.75	+2.42
Martin ratio: Return relative to average drawdown	10.38	2.29	+8.09

EPMV vs. WINN - Sharpe Ratio Comparison

The current EPMV Sharpe Ratio is 1.79, which is higher than the WINN Sharpe Ratio of 0.79. The chart below compares the historical Sharpe Ratios of EPMV and WINN, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

EPMV vs. WINN - Drawdown Comparison

The maximum EPMV drawdown since its inception was -8.78%, smaller than the maximum WINN drawdown of -32.07%. Use the drawdown chart below to compare losses from any high point for EPMV and WINN.

Drawdown Indicators

	EPMV	WINN	Difference
Max Drawdown Largest peak-to-trough decline	-8.78%	-32.07%	+23.29%
Max Drawdown (1Y) Largest decline over 1 year	-8.78%	-18.06%	+9.28%
Max Drawdown (3Y) Largest decline over 3 years	—	-23.66%	—
Current Drawdown Current decline from peak	-1.40%	-6.85%	+5.45%
Average Drawdown Average peak-to-trough decline	-1.74%	-9.03%	+7.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.67%	5.89%	-3.22%

Volatility

EPMV vs. WINN - Volatility Comparison

The current volatility for Harbor Mid Cap Value ETF (EPMV) is 4.91%, while Harbor Long-Term Growers ETF (WINN) has a volatility of 6.77%. This indicates that EPMV experiences smaller price fluctuations and is considered to be less risky than WINN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EPMV	WINN	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.91%	6.77%	-1.86%
Volatility (6M) Calculated over the trailing 6-month period	11.71%	13.35%	-1.64%
Volatility (1Y) Calculated over the trailing 1-year period	15.53%	17.10%	-1.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.59%	23.79%	-8.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.59%	23.79%	-8.20%

EPMV vs. WINN - Expense Ratio Comparison

EPMV has a 0.88% expense ratio, which is higher than WINN's 0.57% expense ratio.

Dividends

EPMV vs. WINN - Dividend Comparison

EPMV's dividend yield for the trailing twelve months is around 1.25%, while WINN has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022
EPMV Harbor Mid Cap Value ETF	1.25%	1.48%	0.00%	0.00%	0.00%
WINN Harbor Long-Term Growers ETF	0.00%	0.00%	0.00%	0.06%	0.06%

Frequently Asked Questions

Can I hold both EPMV and WINN in my portfolio?

EPMV and WINN have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EPMV or WINN?

WINN has higher volatility (6.77%) compared to EPMV (4.91%). In terms of maximum drawdown, EPMV dropped -8.78% vs WINN's -32.07%.

Which ETF is better, EPMV or WINN?

On 1-year performance, EPMV leads with 27.69% vs 13.47% for WINN. On fees, WINN is cheaper at 0.57% per year. On volatility, EPMV has been the lower-risk option at 4.91%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, EPMV or WINN?

Over the 1-year period, EPMV has performed better with a 27.69% return vs 13.47%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, EPMV or WINN?

WINN is cheaper with a 0.57% expense ratio, compared with 0.88% for EPMV.

Which ETF pays a higher dividend yield, EPMV or WINN?

EPMV has the higher dividend yield at 1.25%, compared with 0.00% for WINN.

What is the main difference between EPMV and WINN?

EPMV is categorized as Mid Cap Value Equities, while WINN is Large Cap Growth Equities. Their fees differ too: 0.88% for EPMV and 0.57% for WINN.

Which has better risk-adjusted returns?

EPMV currently has the higher Sharpe Ratio (1.79 vs 0.79), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.