Irrational Capital

'Corporate culture ETFs aim to gain from happier employees' -the Financial Times

Chris Flood profiles ETFs based on Irrational Capital's Human Capital Factor in a May 5, 2023 article in the Financial Times.

“New investment factors don’t come along very often. Human capital felt like the missing piece of a jigsaw,” said Gleich.

Despite the divergent returns from the ETFs in Harbor Capital’s corporate culture offering, JPMorgan’s quantitative analysts have also identified Irrational Capital’s work as a potential source of alpha — market beating returns.

“The Human Capital Factor exhibits noteworthy long-term outperformance versus the [US equity] market,” wrote Ayub Hanif, an analyst at JPMorgan, in a research note in November.

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Real Money: These ETFs Make Investors HAPY

Mark Abssy at Real Money takes a look at the Harbor Capital suite of ETF's based on Irrational Capital's human capital factor: HAPY, HAPI, and HAPS and finds "this particular pudding seems to deliver

Companies that maximize "human capital" enjoy superior returns -van Adelsberg on InvestmentNews

David van Adelsberg, founding partner of Irrational Capital, joins InvestmentNews anchor Gregg Greenberg to explain why companies that maximize "human capital" enjoy superior equity returns. Watch mor

IC Founder van Adelsberg interviewed in Financial Advisor Magazine

Irrational Capital co-Founder, David van Adelsberg, recently joined Karen Demasters of Financial Advisor magazine to discuss the Human Capital Factor. "Companies do well when employees have a sense of