The Harbor Disruptive Innovation ETF typically allocates its portfolio to common stocks of companies believed to offer significant growth potential through transformative breakthroughs. The adviser defines "disruptive innovation" as the introduction of novel products, services, technologies, or other advancements capable of fundamentally redefining or displacing existing industries and business models over time. While the fund's holdings are predominantly U.S.-based companies, it has the flexibility to invest up to 25% of its assets in international securities, including those from emerging market economies.