A new small cap ETF based on Irrational Capital's Human Capital Factor from Harbor Investment Advisors has gained more than $100M AUM in its first 30 days.
Elle Caruso, VettaFi, highlights HAPS and outlines the HAP family of funds, all based on the Human Capital Factor, in her recent article:
"HAPY, HAPI, and HAPS use the same methodology to score companies on human capital. The human capital factor is a distinctive investment factor measuring corporate culture and its connection to future equity performance. The underlying indexes of HAPS, HAPY, and HAPI leverage a propriety human capital scoring methodology from Irrational Capital, which they believe to be a direct systematic link between company culture and resulting company equity performance."