HAPI ETF — Harbor Corporate Culture ETF

Harbor Corporate Culture ETF (HAPI)

Updated October 16, 2026.

HAPI is an ETF. its distribution rate is 0.77%, its trailing-12-month yield is 0.77%, its expense ratio is 0.35%. Dividend Vision Distribution Safety Score™ is 50/100 (Unproven). Total return is 131.3% over the past 4 years, 11.6 points ahead of SPY at 119.7%.

Harbor Corporate Culture ETF is an equity fund that invests at least 80% of its assets in a modified market-capitalization-weighted index of approximately 150 U.S. companies selected by Irrational Capital for strong corporate culture based on proprietary scoring methodology. The fund carries a low expense ratio of 0.35% and distributes annually at a modest rate. This fund may appeal to equity investors seeking exposure to U.S. large-cap companies with strong workplace cultures, though it is not designed as a high-income vehicle.

HAPI performance versus SPY

Price and return data through 2026-10-16.

Total return is 131.3% over the past 4 years, 11.6 points ahead of SPY at 119.7%. Over the past year its total return — price change plus distributions reinvested — is 16.9%. Its deepest 1-year drawdown was 8.1%.

HAPI key facts

Distribution Safety Score™

50 · Unproven

Issuer

Harbor Capital Advisors

Asset type

ETF

Asset class

Equity

Inception date

10/12/2022

Expense ratio

0.35%

Distribution rate

0.77%

Distribution frequency

Annual

Trailing yield

0.77%

Last close

$46.24 (as of 2026-10-16)

AUM

$513,456,440

Average volume

2313.0

Dividend

$0.356

Ex-dividend date

12/19/2025

Payment date

12/24/2025

Beta

0.94

How Dividend Vision calculates yield and returns

Distribution rate (0.77%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (0.77%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Harbor Capital Advisors; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

HAPI risks and drawbacks

HAPI's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are annual, so cash flow is lumpy versus a monthly fund. The deepest 1-year drawdown on record here is 8.1%.

Who may consider HAPI — and who may not

It is a weaker fit for investors who need monthly cash flow (HAPI pays annual); investors hunting double-digit covered-call yields. This is educational context, not a recommendation to buy or sell.

More on HAPI

• All tickers starting with H

Frequently asked questions

More securities from Harbor Capital Advisors.