NYSE · US Equities - Factor & Thematic · USA
The companies inside HAPS trade 9% below what we estimate they are worth. We could give a verdict on 95% of the fund's weight: 195 holdings as reported to the SEC at 31 Jul 2026.
Where the money is: 26% in companies in the buy zone, 23% about fairly valued, 47% overvalued, 5% without a verdict.
The ten largest holdings, with our verdict on each:
Its expense ratio is 0.61% a year: on $10,000 held flat that is $610 over 10 years and $1,220 over 20.