HAPI vs. INFO

Last updated Aug 2, 2026

HAPI (Harbor Corporate Culture ETF) and INFO (Harbor PanAgora Dynamic Large Cap Core ETF) are both Large Cap Blend Equities funds from Harbor. HAPI is passively managed, while INFO is actively managed. Over the past year, HAPI returned 18.78% vs 25.65% for INFO. Their correlation of 0.93 means they have usually moved in the same direction. Both charge a 0.35% expense ratio.

Performance

HAPI vs. INFO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Harbor Corporate Culture ETF (HAPI) and Harbor PanAgora Dynamic Large Cap Core ETF (INFO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HAPI achieves a 9.76% return, which is significantly lower than INFO's 12.67% return.

HAPI

• 1D: 1.31%
• 1M: 1.36%
• 6M: 8.44%
• YTD: 9.76%
• 1Y: 18.78%
• 3Y*: 19.71%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 25.12%

INFO

• 1D: 0.81%
• 1M: 2.12%
• 6M: 10.95%
• YTD: 12.67%
• 1Y: 25.65%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 19.40%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
HAPI Harbor Corporate Culture ETF	$76.70K	$60.15K	$72.78K
INFO Harbor PanAgora Dynamic Large Cap Core ETF	$438.18K	$544.70K	$621.70K

HAPI vs. INFO - Yearly Performance Comparison

	2026 (YTD)	2025	2024
HAPI Harbor Corporate Culture ETF	9.76%	16.26%	1.69%
INFO Harbor PanAgora Dynamic Large Cap Core ETF	12.67%	19.75%	2.05%

Correlation

The correlation between HAPI and INFO is 0.91, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.91
Correlation (All Time) Calculated using the full available price history since Oct 10, 2024	0.93

The correlation between HAPI and INFO has been stable across timeframes, ranging from 0.91 to 0.93 - a consistent structural relationship.

HAPI vs. INFO - Sectors Allocation Comparison

Sectors	HAPI	INFO
Technology	32.5%	38.8%
Communication Services	14.5%	9.4%
Financial Services	11.8%	12.2%
Industrials	9.5%	8.2%
Consumer Cyclical	9.2%	9.5%
Healthcare	8.6%	8.8%
Consumer Defensive	5.9%	5.1%
Energy	2.9%	2.7%
Utilities	2.0%	1.9%
Basic Materials	1.6%	1.6%
Real Estate	1.5%	1.8%

Return for Risk

HAPI vs. INFO — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

HAPI

HAPI Risk / Return Rank: 63
HAPI Sharpe Ratio Rank: 62
HAPI Sortino Ratio Rank: 62
HAPI Omega Ratio Rank: 58
HAPI Calmar Ratio Rank: 61
HAPI Martin Ratio Rank: 72

INFO

INFO Risk / Return Rank: 77
INFO Sharpe Ratio Rank: 77
INFO Sortino Ratio Rank: 77
INFO Omega Ratio Rank: 75
INFO Calmar Ratio Rank: 75
INFO Martin Ratio Rank: 83

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

HAPI vs. INFO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Harbor Corporate Culture ETF (HAPI) and Harbor PanAgora Dynamic Large Cap Core ETF (INFO). 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.

	HAPI	INFO	Difference
Sharpe ratio: Return per unit of total volatility	1.45	1.79	-0.34
Sortino ratio: Return per unit of downside risk	2.09	2.50	-0.41
Omega ratio: Gain probability vs. loss probability	1.25	1.32	-0.06
Calmar ratio: Return relative to maximum drawdown	2.16	2.65	-0.49
Martin ratio: Return relative to average drawdown	8.85	11.36	-2.51

HAPI vs. INFO - Sharpe Ratio Comparison

The current HAPI Sharpe Ratio is 1.45, which is comparable to the INFO Sharpe Ratio of 1.79. The chart below compares the historical Sharpe Ratios of HAPI and INFO, 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

HAPI vs. INFO - Drawdown Comparison

The maximum HAPI drawdown since its inception was -19.46%, roughly equal to the maximum INFO drawdown of -19.60%. Use the drawdown chart below to compare losses from any high point for HAPI and INFO.

Drawdown Indicators

	HAPI	INFO	Difference
Max Drawdown Largest peak-to-trough decline	-19.46%	-19.60%	+0.14%
Max Drawdown (1Y) Largest decline over 1 year	-8.12%	-8.98%	+0.86%
Max Drawdown (3Y) Largest decline over 3 years	-19.46%	—	—
Current Drawdown Current decline from peak	-0.03%	-0.19%	+0.16%
Average Drawdown Average peak-to-trough decline	-2.00%	-2.26%	+0.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.98%	2.09%	-0.11%

Volatility

HAPI vs. INFO - Volatility Comparison

The current volatility for Harbor Corporate Culture ETF (HAPI) is 3.19%, while Harbor PanAgora Dynamic Large Cap Core ETF (INFO) has a volatility of 3.52%. This indicates that HAPI experiences smaller price fluctuations and is considered to be less risky than INFO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HAPI	INFO	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.19%	3.52%	-0.33%
Volatility (6M) Calculated over the trailing 6-month period	9.34%	10.21%	-0.87%
Volatility (1Y) Calculated over the trailing 1-year period	12.10%	13.31%	-1.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.62%	17.20%	-1.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.62%	17.20%	-1.58%

HAPI vs. INFO - Expense Ratio Comparison

Both HAPI and INFO have an expense ratio of 0.35%.

Dividends

HAPI vs. INFO - Dividend Comparison

HAPI's dividend yield for the trailing twelve months is around 0.79%, more than INFO's 0.31% yield.

Position	TTM	2025	2024	2023	2022
HAPI Harbor Corporate Culture ETF	0.79%	0.87%	0.21%	1.21%	0.29%
INFO Harbor PanAgora Dynamic Large Cap Core ETF	0.31%	0.35%	0.16%	0.00%	0.00%

Frequently Asked Questions

Can I hold both HAPI and INFO in my portfolio?

With a correlation of 0.91, HAPI and INFO move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, HAPI or INFO?

INFO has higher volatility (3.52%) compared to HAPI (3.19%). In terms of maximum drawdown, HAPI dropped -19.46% vs INFO's -19.60%.

Which ETF is better, HAPI or INFO?

On 1-year performance, INFO leads with 25.65% vs 18.78% for HAPI. Both ETFs have the same 0.35% expense ratio. On volatility, HAPI has been the lower-risk option at 3.19%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, HAPI or INFO?

Over the 1-year period, INFO has performed better with a 25.65% return vs 18.78%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, HAPI or INFO?

HAPI and INFO have the same expense ratio: 0.35% per year.

Which ETF pays a higher dividend yield, HAPI or INFO?

HAPI has the higher dividend yield at 0.79%, compared with 0.31% for INFO.

Which has better risk-adjusted returns?

INFO currently has the higher Sharpe Ratio (1.79 vs 1.45), 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.