HAPI Harbor Human Capital Factor US Large Cap ETF Loading... : Investor Sentiment and Bull/Bear Views

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19:42
Sep 14
Eric Balchunas Senior ETF Analyst, Bloomberg Intelligence Bloomberg Markets
HAPI offers low-risk outperformance.
Eric Balchunas presents HAPI as a large-cap ETF that mostly tracks the S&P 500 but tilts away from companies with unhappy employees. He highlights its 35 basis point fee, low tracking error, roughly $500 million in assets, and about 11 percentage points of outperformance versus the S&P 500 with little additional risk, calling it old-school outperformance.
HAPI 1ST
HIGH
19:42
Sep 14
David van Adelsberg Founding Partner & CEO, Irrational Capital Bloomberg Markets
Employee happiness factor drives outperformance.
David van Adelsberg argues Irrational Capital can quantify employee happiness with a 20-year dataset, measuring intrinsic motivation such as trust, purpose, appreciation, and helping colleagues rather than just extrinsic pay and benefits. He says the firm ranks companies annually to select stocks, and cites independent JP Morgan research showing the human capital factor dominated styles with the highest returns, lowest volatility, highest Sharpe ratio and hit rate, and lowest maximum drawdown.
HAPI 1ST
HIGH

About HAPI Investor Commentary

Across the available history and selected sources, Buzzberg tracks HAPI (Harbor Human Capital Factor US Large Cap ETF) across 1 sources: 2 bullish vs 0 bearish calls from 2 authors. Historical directional balance: 100% = 100 × (bullish − bearish) / all deduplicated idea records, including other directions. This is neither a probability of a price rise nor the share of bullish authors. 2 total trade ideas tracked. Past 7 days, before deduplication: 2 bullish. Latest voices: Eric Balchunas, David van Adelsberg.