Sensible Investor

Immutable verification record

Harbor Capital Appreciation Fund

Run 363649da-fcfb-4007-87ef-de06de7710ca · portfolio period 2026-04-30 · captured 2026-07-29T14:22:09.616Z

This is the permanent record of what our July 29, 2026 data run computed for Harbor Capital Appreciation Fund, and the exact SEC documents every number came from — it exists so anyone can check us.

Current interpretation · methodology 1.5

How to read this prior-run record now

62.8% of this portfolio matches the Russell 1000 Growth index, which costs $50 a year per $100,000 to own outright. This fund charges $670 a year.

This interpretation is computed under the current methodology and is not inserted into the immutable record below.

Cite these figures

Each snippet includes the figure’s source-event date and immutable verification URL.

Best-fit active share

Sensible Investor, “Harbor Capital Appreciation Fund — best-fit active share,” 37.2% versus the Russell 1000 Growth index, fund portfolio as of 2026-04-30; measured against the filed holdings of iShares Russell 1000 Growth ETF (IWF), as of 2026-03-31. https://sensible-investor.com/registry/hacax/as-of/363649da-fcfb-4007-87ef-de06de7710ca

HACAX filed expense ratio

Sensible Investor, “Harbor Capital Appreciation Fund — filed expense ratio,” 0.67% for HACAX, as of 2025-10-31. https://sensible-investor.com/registry/hacax/as-of/363649da-fcfb-4007-87ef-de06de7710ca

HACAX fee per active unit

Sensible Investor, “Harbor Capital Appreciation Fund — fee per unit of active management,” 1.80% using the HACAX expense ratio as of 2025-10-31 and fund portfolio as of 2026-04-30. https://sensible-investor.com/registry/hacax/as-of/363649da-fcfb-4007-87ef-de06de7710ca

Active share by comparison index

Holdings difference for every comparison calculated in this run.
IndexActive shareHoldings evidenceIdentifier match
the Russell 1000 Growth index37.2%measured against the filed holdings of iShares Russell 1000 Growth ETF (IWF), as of 2026-03-3192.6%
the S&P 50053.1%measured against the filed holdings of iShares Core S&P 500 ETF (IVV), as of 2026-03-3193.9%
the Russell 1000 index56.2%measured against the filed holdings of iShares Russell 1000 ETF (IWB), as of 2026-03-3196.2%
the total US market58.0%measured against the filed holdings of Vanguard Total Stock Market ETF (VTI), as of 2026-03-3195.4%
the Russell 1000 Value index88.5%measured against the filed holdings of iShares Russell 1000 Value ETF (IWD), as of 2026-03-3134.8%
the S&P SmallCap 600100.0%measured against the filed holdings of iShares Core S&P Small-Cap ETF (IJR), as of 2026-03-310.0%
the S&P MidCap 400100.0%measured against the filed holdings of iShares Core S&P Mid-Cap ETF (IJH), as of 2026-03-310.0%
the Russell 2000 index100.0%measured against the filed holdings of iShares Russell 2000 ETF (IWM), as of 2026-03-310.0%

Filed expense ratios by share class

Each fee is tied to its filed SEC source and period.
Share classExpense ratioFiling periodSEC document
HACAX (Harbor Capital Appreciation Fund)0.67%2025-10-31Open SEC expense filing
HCAIX (Harbor Capital Appreciation Fund)1.01%2025-10-31Open SEC expense filing
HNACX (Harbor Capital Appreciation Fund)0.59%2025-10-31Open SEC expense filing
HRCAX (Harbor Capital Appreciation Fund)0.92%2025-10-31Open SEC expense filing

Match rates

How much of the fund filing could be matched to comparison holdings. A benchmark proxy is not compared with itself.
Fund identifier match92.6%
the Russell 1000 Growth index92.6%
the S&P 50093.9%
the Russell 1000 index96.2%
the total US market95.4%
the Russell 1000 Value index34.8%
the S&P SmallCap 6000.0%
the S&P MidCap 4000.0%
the Russell 2000 index0.0%

Fee-drag windows

Dollar fee drag from licensed return windows; the lowest-cost control class is omitted rather than compared with itself, and missing history remains explicit.
Share classWindowFee dragWindow dates
HACAX10 years$26,2652016-07-29 to 2026-07-29
HACAX20 years$127,9332006-07-31 to 2026-07-29
HACAX30 yearsproxy history begins 2000 — no full 30-year windowProxy history begins 2000-05-26
HCAIX10 years$39,2812016-07-29 to 2026-07-29
HCAIX20 years$188,4792006-07-31 to 2026-07-29
HCAIX30 yearsproxy history begins 2000 — no full 30-year windowProxy history begins 2000-05-26
HNACX10 years$23,1522016-07-29 to 2026-07-29
HNACX20 years$113,1742006-07-31 to 2026-07-29
HNACX30 yearsproxy history begins 2000 — no full 30-year windowProxy history begins 2000-05-26
HRCAX10 years$35,8692016-07-29 to 2026-07-29
HRCAX20 years$172,7902006-07-31 to 2026-07-29
HRCAX30 yearsproxy history begins 2000 — no full 30-year windowProxy history begins 2000-05-26

Check it yourself

  1. Open the fund’s linked SEC holdings filing and, for fees, the linked SEC expense filing in the table above.
  2. Find each security identifier and portfolio weight in the holdings filing, and the net annual operating expense for the relevant share class in its expense filing.
  3. Recalculate the comparison using the active-share formula and portfolio rules.
Raw record (JSON)

Download this record as JSON

{
  "runId": "363649da-fcfb-4007-87ef-de06de7710ca",
  "capturedAt": "2026-07-29T14:22:09.616Z",
  "methodologyVersion": "closet-index@2.0.0",
  "cohortVersion": "cohort-v2@2026-07-24",
  "cohortRank": 261,
  "seriesId": "S000000681",
  "cik": 793769,
  "seriesName": "Harbor Capital Appreciation Fund",
  "classes": [
    {
      "classId": "C000001973",
      "ticker": "HACAX",
      "netExpenseRatio": 0.0067,
      "expensePeriod": "2025-10-31",
      "sourceAccession": "0001193125-26-072303",
      "sourceUrl": "https://www.sec.gov/Archives/edgar/data/793769/000119312526072303/0001193125-26-072303-index.html",
      "missingReason": null
    },
    {
      "classId": "C000001975",
      "ticker": "HCAIX",
      "netExpenseRatio": 0.0101,
      "expensePeriod": "2025-10-31",
      "sourceAccession": "0001193125-26-072303",
      "sourceUrl": "https://www.sec.gov/Archives/edgar/data/793769/000119312526072303/0001193125-26-072303-index.html",
      "missingReason": null
    },
    {
      "classId": "C000166746",
      "ticker": "HNACX",
      "netExpenseRatio": 0.0059,
      "expensePeriod": "2025-10-31",
      "sourceAccession": "0001193125-26-072303",
      "sourceUrl": "https://www.sec.gov/Archives/edgar/data/793769/000119312526072303/0001193125-26-072303-index.html",
      "missingReason": null
    },
    {
      "classId": "C000001974",
      "ticker": "HRCAX",
      "netExpenseRatio": 0.0092,
      "expensePeriod": "2025-10-31",
      "sourceAccession": "0001193125-26-072303",
      "sourceUrl": "https://www.sec.gov/Archives/edgar/data/793769/000119312526072303/0001193125-26-072303-index.html",
      "missingReason": null
    }
  ],
  "fundFiling": {
    "cik": 793769,
    "seriesId": "S000000681",
    "accession": "0001410368-26-067306",
    "filingDate": "2026-06-26",
    "periodOfReport": "2026-04-30",
    "primaryDocumentUrl": "https://www.sec.gov/Archives/edgar/data/793769/000141036826067306/primary_doc.xml"
  },
  "proxyPeriods": {
    "IVV": {
      "periodOfReport": "2026-03-31",
      "accession": "0002071691-26-012459",
      "filingDate": "2026-05-28"
    },
    "IWB": {
      "periodOfReport": "2026-03-31",
      "accession": "0001004726-26-003726",
      "filingDate": "2026-05-22"
    },
    "IWF": {
      "periodOfReport": "2026-03-31",
      "accession": "0001004726-26-003755",
      "filingDate": "2026-05-22"
    },
    "IWD": {
      "periodOfReport": "2026-03-31",
      "accession": "0001004726-26-003757",
      "filingDate": "2026-05-22"
    },
    "IJH": {
      "periodOfReport": "2026-03-31",
      "accession": "0000940400-26-020794",
      "filingDate": "2026-05-26"
    },
    "IJR": {
      "periodOfReport": "2026-03-31",
      "accession": "0000940400-26-020784",
      "filingDate": "2026-05-26"
    },
    "IWM": {
      "periodOfReport": "2026-03-31",
      "accession": "0002071691-26-012507",
      "filingDate": "2026-05-28"
    },
    "VTI": {
      "periodOfReport": "2026-03-31",
      "accession": "0000036405-26-000323",
      "filingDate": "2026-05-28"
    }
  },
  "comparisons": [
    {
      "proxy": "IWF",
      "activeShare": 0.3720139726051315,
      "identifierMatchRate": 0.9258803947613004,
      "matchRateByIdentifier": {
        "cusip6": 0.918692554765356,
        "isin": 0.007187839995944321,
        "unmatched": 0.07411960523869965
      },
      "topActiveBets": [
        {
          "name": "APPLE INC.",
          "fundWeight": 0.06451989081717,
          "proxyWeight": 0.11656856171702823,
          "activeWeight": -0.052048670899858235,
          "blbTicker": "AAPL"
        },
        {
          "name": "AMAZON.COM, INC.",
          "fundWeight": 0.08410046824970666,
          "proxyWeight": 0.046659882463126814,
          "activeWeight": 0.03744058578657984,
          "blbTicker": "AMZN"
        },
        {
          "name": "MICROSOFT CORPORATION",
          "fundWeight": 0.054475130755225004,
          "proxyWeight": 0.08836575239353556,
          "activeWeight": -0.03389062163831055,
          "blbTicker": "MSFT"
        },
        {
          "name": "BROADCOM INC.",
          "fundWeight": 0.07921928676571102,
          "proxyWeight": 0.0479715320446599,
          "activeWeight": 0.031247754721051124,
          "blbTicker": "AVGO"
        },
        {
          "name": "ALPHABET INC.",
          "fundWeight": 0.09155520126589173,
          "proxyWeight": 0.06417329036166634,
          "activeWeight": 0.027381910904225384,
          "blbTicker": "GOOGL"
        },
        {
          "name": "NVIDIA CORPORATION",
          "fundWeight": 0.10748615364109546,
          "proxyWeight": 0.12945460879335305,
          "activeWeight": -0.021968455152257593,
          "blbTicker": "NVDA"
        },
        {
          "name": "Taiwan Semiconductor Manufacturing Co Ltd",
          "fundWeight": 0.021093215375704202,
          "proxyWeight": 0,
          "activeWeight": 0.021093215375704202,
          "blbTicker": "TSM"
        },
        {
          "name": "THE BOEING COMPANY",
          "fundWeight": 0.020273076709302156,
          "proxyWeight": 0.000763428812721545,
          "activeWeight": 0.01950964789658061,
          "blbTicker": null
        },
        {
          "name": "WALMART INC.",
          "fundWeight": 0.02073503747087433,
          "proxyWeight": 0.0019521725154768225,
          "activeWeight": 0.018782864955397507,
          "blbTicker": "WMT"
        },
        {
          "name": "ADVANCED MICRO DEVICES, INC.",
          "fundWeight": 0.02377625598317925,
          "proxyWeight": 0.00692454352646724,
          "activeWeight": 0.01685171245671201,
          "blbTicker": "AMD"
        }
      ]
    },
    {
      "proxy": "IVV",
      "activeShare": 0.5309234595448259,
      "identifierMatchRate": 0.9394932654882733,
      "matchRateByIdentifier": {
        "cusip6": 0.9394932654882733,
        "isin": 0,
        "unmatched": 0.06050673451172672
      },
      "topActiveBets": [
        {
          "name": "Broadcom, Inc.",
          "fundWeight": 0.07921928676571102,
          "proxyWeight": 0.026252612903398073,
          "activeWeight": 0.05296667386231295,
          "blbTicker": "AVGO"
        },
        {
          "name": "Amazon.com, Inc.",
          "fundWeight": 0.08410046824970666,
          "proxyWeight": 0.03639701168408969,
          "activeWeight": 0.04770345656561697,
          "blbTicker": "AMZN"
        },
        {
          "name": "Alphabet, Inc.",
          "fundWeight": 0.09155520126589173,
          "proxyWeight": 0.05395011904789741,
          "activeWeight": 0.037605082217994315,
          "blbTicker": "GOOGL"
        },
        {
          "name": "NVIDIA Corp.",
          "fundWeight": 0.10748615364109546,
          "proxyWeight": 0.07581440036297338,
          "activeWeight": 0.03167175327812208,
          "blbTicker": "NVDA"
        },
        {
          "name": "Eli Lilly & Co.",
          "fundWeight": 0.0415056896068516,
          "proxyWeight": 0.013038598239275336,
          "activeWeight": 0.028467091367576268,
          "blbTicker": "LLY"
        },
        {
          "name": "Taiwan Semiconductor Manufacturing Co Ltd",
          "fundWeight": 0.021093215375704202,
          "proxyWeight": 0,
          "activeWeight": 0.021093215375704202,
          "blbTicker": "TSM"
        },
        {
          "name": "Advanced Micro Devices, Inc.",
          "fundWeight": 0.02377625598317925,
          "proxyWeight": 0.005933618990093131,
          "activeWeight": 0.01784263699308612,
          "blbTicker": "AMD"
        },
        {
          "name": "Boeing Co. (The)",
          "fundWeight": 0.020273076709302156,
          "proxyWeight": 0.0027962960033530277,
          "activeWeight": 0.01747678070594913,
          "blbTicker": null
        },
        {
          "name": "Cadence Design Systems, Inc.",
          "fundWeight": 0.017098800388251907,
          "proxyWeight": 0.0013532396383816442,
          "activeWeight": 0.015745560749870262,
          "blbTicker": "CDNS"
        },
        {
          "name": "Berkshire Hathaway, Inc.",
          "fundWeight": 0,
          "proxyWeight": 0.015719799867718154,
          "activeWeight": -0.015719799867718154,
          "blbTicker": null
        }
      ]
    },
    {
      "proxy": "IWB",
      "activeShare": 0.5615580982098354,
      "identifierMatchRate": 0.9616681929591523,
      "matchRateByIdentifier": {
        "cusip6": 0.954480352963208,
        "isin": 0.007187839995944321,
        "unmatched": 0.03833180704084771
      },
      "topActiveBets": [
        {
          "name": "BROADCOM INC.",
          "fundWeight": 0.07921928676571102,
          "proxyWeight": 0.02390302187384336,
          "activeWeight": 0.05531626489186767,
          "blbTicker": "AVGO"
        },
        {
          "name": "AMAZON.COM, INC.",
          "fundWeight": 0.08410046824970666,
          "proxyWeight": 0.03340870139504772,
          "activeWeight": 0.05069176685465893,
          "blbTicker": "AMZN"
        },
        {
          "name": "ALPHABET INC.",
          "fundWeight": 0.09155520126589173,
          "proxyWeight": 0.05065642492692142,
          "activeWeight": 0.04089877633897031,
          "blbTicker": "GOOGL"
        },
        {
          "name": "NVIDIA CORPORATION",
          "fundWeight": 0.10748615364109546,
          "proxyWeight": 0.0682556096101088,
          "activeWeight": 0.03923054403098665,
          "blbTicker": "NVDA"
        },
        {
          "name": "ELI LILLY AND COMPANY",
          "fundWeight": 0.0415056896068516,
          "proxyWeight": 0.012322686754996556,
          "activeWeight": 0.029183002851855044,
          "blbTicker": null
        },
        {
          "name": "Taiwan Semiconductor Manufacturing Co Ltd",
          "fundWeight": 0.021093215375704202,
          "proxyWeight": 0,
          "activeWeight": 0.021093215375704202,
          "blbTicker": "TSM"
        },
        {
          "name": "ADVANCED MICRO DEVICES, INC.",
          "fundWeight": 0.02377625598317925,
          "proxyWeight": 0.005478605482508724,
          "activeWeight": 0.018297650500670525,
          "blbTicker": "AMD"
        },
        {
          "name": "THE BOEING COMPANY",
          "fundWeight": 0.020273076709302156,
          "proxyWeight": 0.0025146826995250003,
          "activeWeight": 0.017758394009777155,
          "blbTicker": null
        },
        {
          "name": "META PLATFORMS, INC.",
          "fundWeight": 0.03769577205459743,
          "proxyWeight": 0.0208891555358376,
          "activeWeight": 0.016806616518759834,
          "blbTicker": "META"
        },
        {
          "name": "CADENCE DESIGN SYSTEMS, INC.",
          "fundWeight": 0.017098800388251907,
          "proxyWeight": 0.0012684883844546152,
          "activeWeight": 0.01583031200379729,
          "blbTicker": "CDNS"
        }
      ]
    },
    {
      "proxy": "VTI",
      "activeShare": 0.5804345750724823,
      "identifierMatchRate": 0.954480352963208,
      "matchRateByIdentifier": {
        "cusip6": 0.954480352963208,
        "isin": 0,
        "unmatched": 0.04551964703679201
      },
      "topActiveBets": [
        {
          "name": "Broadcom Inc",
          "fundWeight": 0.07921928676571102,
          "proxyWeight": 0.023482055276800976,
          "activeWeight": 0.05573723148891005,
          "blbTicker": "AVGO"
        },
        {
          "name": "Amazon.com Inc",
          "fundWeight": 0.08410046824970666,
          "proxyWeight": 0.03219839879780581,
          "activeWeight": 0.051902069451900845,
          "blbTicker": "AMZN"
        },
        {
          "name": "Alphabet Inc",
          "fundWeight": 0.09155520126589173,
          "proxyWeight": 0.0480065065993559,
          "activeWeight": 0.043548694666535825,
          "blbTicker": "GOOGL"
        },
        {
          "name": "NVIDIA Corp",
          "fundWeight": 0.10748615364109546,
          "proxyWeight": 0.06442311309214421,
          "activeWeight": 0.04306304054895124,
          "blbTicker": "NVDA"
        },
        {
          "name": "Eli Lilly & Co",
          "fundWeight": 0.0415056896068516,
          "proxyWeight": 0.012496089782770682,
          "activeWeight": 0.02900959982408092,
          "blbTicker": "LLY"
        },
        {
          "name": "Taiwan Semiconductor Manufacturing Co Ltd",
          "fundWeight": 0.021093215375704202,
          "proxyWeight": 0,
          "activeWeight": 0.021093215375704202,
          "blbTicker": "TSM"
        },
        {
          "name": "Advanced Micro Devices Inc",
          "fundWeight": 0.02377625598317925,
          "proxyWeight": 0.00530738163402677,
          "activeWeight": 0.01846887434915248,
          "blbTicker": "AMD"
        },
        {
          "name": "Boeing Co/The",
          "fundWeight": 0.020273076709302156,
          "proxyWeight": 0.002500493672184994,
          "activeWeight": 0.01777258303711716,
          "blbTicker": null
        },
        {
          "name": "Meta Platforms Inc",
          "fundWeight": 0.03769577205459743,
          "proxyWeight": 0.020023709704447556,
          "activeWeight": 0.017672062350149877,
          "blbTicker": "META"
        },
        {
          "name": "Cadence Design Systems Inc",
          "fundWeight": 0.017098800388251907,
          "proxyWeight": 0.0012267133546884764,
          "activeWeight": 0.01587208703356343,
          "blbTicker": "CDNS"
        }
      ]
    },
    {
      "proxy": "IWD",
      "activeShare": 0.8854750924113387,
      "identifierMatchRate": 0.3478933075476395,
      "matchRateByIdentifier": {
        "cusip6": 0.3478933075476395,
        "isin": 0,
        "unmatched": 0.6521066924523605
      },
      "topActiveBets": [
        {
          "name": "NVIDIA Corp",
          "fundWeight": 0.10748615364109546,
          "proxyWeight": 0,
          "activeWeight": 0.10748615364109546,
          "blbTicker": "NVDA"
        },
        {
          "name": "Broadcom Inc",
          "fundWeight": 0.07921928676571102,
          "proxyWeight": 0,
          "activeWeight": 0.07921928676571102,
          "blbTicker": "AVGO"
        },
        {
          "name": "AMAZON.COM, INC.",
          "fundWeight": 0.08410046824970666,
          "proxyWeight": 0.01811686041169112,
          "activeWeight": 0.06598360783801553,
          "blbTicker": "AMZN"
        },
        {
          "name": "Apple Inc",
          "fundWeight": 0.06451989081717,
          "proxyWeight": 0,
          "activeWeight": 0.06451989081717,
          "blbTicker": "AAPL"
        },
        {
          "name": "ALPHABET INC.",
          "fundWeight": 0.09155520126589173,
          "proxyWeight": 0.0354650771022033,
          "activeWeight": 0.05609012416368843,
          "blbTicker": "GOOGL"
        },
        {
          "name": "Microsoft Corp",
          "fundWeight": 0.054475130755225004,
          "proxyWeight": 0,
          "activeWeight": 0.054475130755225004,
          "blbTicker": "MSFT"
        },
        {
          "name": "Eli Lilly & Co",
          "fundWeight": 0.0415056896068516,
          "proxyWeight": 0,
          "activeWeight": 0.0415056896068516,
          "blbTicker": "LLY"
        },
        {
          "name": "META PLATFORMS, INC.",
          "fundWeight": 0.03769577205459743,
          "proxyWeight": 0.007348498101745476,
          "activeWeight": 0.030347273952851958,
          "blbTicker": "META"
        },
        {
          "name": "BERKSHIRE HATHAWAY INC.",
          "fundWeight": 0,
          "proxyWeight": 0.0291526208979656,
          "activeWeight": -0.0291526208979656,
          "blbTicker": null
        },
        {
          "name": "Tesla Inc",
          "fundWeight": 0.02764477004430928,
          "proxyWeight": 0,
          "activeWeight": 0.02764477004430928,
          "blbTicker": "TSLA"
        }
      ]
    },
    {
      "proxy": "IJR",
      "activeShare": 0.9999999999999997,
      "identifierMatchRate": 0,
      "matchRateByIdentifier": {
        "cusip6": 0,
        "isin": 0,
        "unmatched": 1
      },
      "topActiveBets": [
        {
          "name": "NVIDIA Corp",
          "fundWeight": 0.10748615364109546,
          "proxyWeight": 0,
          "activeWeight": 0.10748615364109546,
          "blbTicker": "NVDA"
        },
        {
          "name": "Alphabet Inc",
          "fundWeight": 0.09155520126589173,
          "proxyWeight": 0,
          "activeWeight": 0.09155520126589173,
          "blbTicker": "GOOGL"
        },
        {
          "name": "Amazon.com Inc",
          "fundWeight": 0.08410046824970666,
          "proxyWeight": 0,
          "activeWeight": 0.08410046824970666,
          "blbTicker": "AMZN"
        },
        {
          "name": "Broadcom Inc",
          "fundWeight": 0.07921928676571102,
          "proxyWeight": 0,
          "activeWeight": 0.07921928676571102,
          "blbTicker": "AVGO"
        },
        {
          "name": "Apple Inc",
          "fundWeight": 0.06451989081717,
          "proxyWeight": 0,
          "activeWeight": 0.06451989081717,
          "blbTicker": "AAPL"
        },
        {
          "name": "Microsoft Corp",
          "fundWeight": 0.054475130755225004,
          "proxyWeight": 0,
          "activeWeight": 0.054475130755225004,
          "blbTicker": "MSFT"
        },
        {
          "name": "Eli Lilly & Co",
          "fundWeight": 0.0415056896068516,
          "proxyWeight": 0,
          "activeWeight": 0.0415056896068516,
          "blbTicker": "LLY"
        },
        {
          "name": "Meta Platforms Inc",
          "fundWeight": 0.03769577205459743,
          "proxyWeight": 0,
          "activeWeight": 0.03769577205459743,
          "blbTicker": "META"
        },
        {
          "name": "Tesla Inc",
          "fundWeight": 0.02764477004430928,
          "proxyWeight": 0,
          "activeWeight": 0.02764477004430928,
          "blbTicker": "TSLA"
        },
        {
          "name": "Advanced Micro Devices Inc",
          "fundWeight": 0.02377625598317925,
          "proxyWeight": 0,
          "activeWeight": 0.02377625598317925,
          "blbTicker": "AMD"
        }
      ]
    },
    {
      "proxy": "IJH",
      "activeShare": 0.9999999999999999,
      "identifierMatchRate": 0,
      "matchRateByIdentifier": {
        "cusip6": 0,
        "isin": 0,
        "unmatched": 1
      },
      "topActiveBets": [
        {
          "name": "NVIDIA Corp",
          "fundWeight": 0.10748615364109546,
          "proxyWeight": 0,
          "activeWeight": 0.10748615364109546,
          "blbTicker": "NVDA"
        },
        {
          "name": "Alphabet Inc",
          "fundWeight": 0.09155520126589173,
          "proxyWeight": 0,
          "activeWeight": 0.09155520126589173,
          "blbTicker": "GOOGL"
        },
        {
          "name": "Amazon.com Inc",
          "fundWeight": 0.08410046824970666,
          "proxyWeight": 0,
          "activeWeight": 0.08410046824970666,
          "blbTicker": "AMZN"
        },
        {
          "name": "Broadcom Inc",
          "fundWeight": 0.07921928676571102,
          "proxyWeight": 0,
          "activeWeight": 0.07921928676571102,
          "blbTicker": "AVGO"
        },
        {
          "name": "Apple Inc",
          "fundWeight": 0.06451989081717,
          "proxyWeight": 0,
          "activeWeight": 0.06451989081717,
          "blbTicker": "AAPL"
        },
        {
          "name": "Microsoft Corp",
          "fundWeight": 0.054475130755225004,
          "proxyWeight": 0,
          "activeWeight": 0.054475130755225004,
          "blbTicker": "MSFT"
        },
        {
          "name": "Eli Lilly & Co",
          "fundWeight": 0.0415056896068516,
          "proxyWeight": 0,
          "activeWeight": 0.0415056896068516,
          "blbTicker": "LLY"
        },
        {
          "name": "Meta Platforms Inc",
          "fundWeight": 0.03769577205459743,
          "proxyWeight": 0,
          "activeWeight": 0.03769577205459743,
          "blbTicker": "META"
        },
        {
          "name": "Tesla Inc",
          "fundWeight": 0.02764477004430928,
          "proxyWeight": 0,
          "activeWeight": 0.02764477004430928,
          "blbTicker": "TSLA"
        },
        {
          "name": "Advanced Micro Devices Inc",
          "fundWeight": 0.02377625598317925,
          "proxyWeight": 0,
          "activeWeight": 0.02377625598317925,
          "blbTicker": "AMD"
        }
      ]
    },
    {
      "proxy": "IWM",
      "activeShare": 1.0000000000000002,
      "identifierMatchRate": 0,
      "matchRateByIdentifier": {
        "cusip6": 0,
        "isin": 0,
        "unmatched": 1
      },
      "topActiveBets": [
        {
          "name": "NVIDIA Corp",
          "fundWeight": 0.10748615364109546,
          "proxyWeight": 0,
          "activeWeight": 0.10748615364109546,
          "blbTicker": "NVDA"
        },
        {
          "name": "Alphabet Inc",
          "fundWeight": 0.09155520126589173,
          "proxyWeight": 0,
          "activeWeight": 0.09155520126589173,
          "blbTicker": "GOOGL"
        },
        {
          "name": "Amazon.com Inc",
          "fundWeight": 0.08410046824970666,
          "proxyWeight": 0,
          "activeWeight": 0.08410046824970666,
          "blbTicker": "AMZN"
        },
        {
          "name": "Broadcom Inc",
          "fundWeight": 0.07921928676571102,
          "proxyWeight": 0,
          "activeWeight": 0.07921928676571102,
          "blbTicker": "AVGO"
        },
        {
          "name": "Apple Inc",
          "fundWeight": 0.06451989081717,
          "proxyWeight": 0,
          "activeWeight": 0.06451989081717,
          "blbTicker": "AAPL"
        },
        {
          "name": "Microsoft Corp",
          "fundWeight": 0.054475130755225004,
          "proxyWeight": 0,
          "activeWeight": 0.054475130755225004,
          "blbTicker": "MSFT"
        },
        {
          "name": "Eli Lilly & Co",
          "fundWeight": 0.0415056896068516,
          "proxyWeight": 0,
          "activeWeight": 0.0415056896068516,
          "blbTicker": "LLY"
        },
        {
          "name": "Meta Platforms Inc",
          "fundWeight": 0.03769577205459743,
          "proxyWeight": 0,
          "activeWeight": 0.03769577205459743,
          "blbTicker": "META"
        },
        {
          "name": "Tesla Inc",
          "fundWeight": 0.02764477004430928,
          "proxyWeight": 0,
          "activeWeight": 0.02764477004430928,
          "blbTicker": "TSLA"
        },
        {
          "name": "Advanced Micro Devices Inc",
          "fundWeight": 0.02377625598317925,
          "proxyWeight": 0,
          "activeWeight": 0.02377625598317925,
          "blbTicker": "AMD"
        }
      ]
    }
  ],
  "bestFitProxy": "IWF",
  "bestFitActiveShare": 0.3720139726051315,
  "declaredBenchmarkName": "S&P 500 Index",
  "declaredBenchmarkPeriod": "2025-10-31",
  "declaredBenchmarkAccession": "0001193125-26-072303",
  "declaredBenchmarkSourceUrl": "https://www.sec.gov/Archives/edgar/data/793769/000119312526072303/0001193125-26-072303-index.html",
  "declaredProxy": "IVV",
  "declaredActiveShare": 0.5309234595448259,
  "benchmarkMismatch": "mismatch",
  "identifierMatchRate": 0.9258803947613004,
  "reviewRequired": false,
  "reviewReason": null,
  "feePerActiveUnitByClass": [
    {
      "classId": "C000001973",
      "value": 0.018010076215904964
    },
    {
      "classId": "C000001975",
      "value": 0.02714951787770748
    },
    {
      "classId": "C000166746",
      "value": 0.01585961935430437
    },
    {
      "classId": "C000001974",
      "value": 0.024730253908406816
    }
  ],
  "feeDragBaselineExpenseRatio": 0.0001,
  "feeDragByClass": [
    {
      "classId": "C000001973",
      "projections": [
        {
          "horizonYears": 10,
          "fundEndingValue": 152788.99485004897,
          "baselineEndingValue": 162734.39632475894,
          "feeDragVsBaseline": 9945.401474709972
        },
        {
          "horizonYears": 20,
          "fundEndingValue": 233444.7694728829,
          "baselineEndingValue": 264824.8374718372,
          "feeDragVsBaseline": 31380.06799895427
        },
        {
          "horizonYears": 30,
          "fundEndingValue": 356677.9168076318,
          "baselineEndingValue": 430961.10057781835,
          "feeDragVsBaseline": 74283.18377018656
        }
      ]
    },
    {
      "classId": "C000001975",
      "projections": [
        {
          "horizonYears": 10,
          "fundEndingValue": 147882.15888041107,
          "baselineEndingValue": 162734.39632475894,
          "feeDragVsBaseline": 14852.237444347877
        },
        {
          "horizonYears": 20,
          "fundEndingValue": 218691.32915131137,
          "baselineEndingValue": 264824.8374718372,
          "feeDragVsBaseline": 46133.50832052581
        },
        {
          "horizonYears": 30,
          "fundEndingValue": 323405.458833225,
          "baselineEndingValue": 430961.10057781835,
          "feeDragVsBaseline": 107555.64174459333
        }
      ]
    },
    {
      "classId": "C000166746",
      "projections": [
        {
          "horizonYears": 10,
          "fundEndingValue": 153964.62821675555,
          "baselineEndingValue": 162734.39632475894,
          "feeDragVsBaseline": 8769.768108003394
        },
        {
          "horizonYears": 20,
          "fundEndingValue": 237051.0674192376,
          "baselineEndingValue": 264824.8374718372,
          "feeDragVsBaseline": 27773.770052599575
        },
        {
          "horizonYears": 30,
          "fundEndingValue": 364974.79463587975,
          "baselineEndingValue": 430961.10057781835,
          "feeDragVsBaseline": 65986.3059419386
        }
      ]
    },
    {
      "classId": "C000001974",
      "projections": [
        {
          "horizonYears": 10,
          "fundEndingValue": 149167.02751661534,
          "baselineEndingValue": 162734.39632475894,
          "feeDragVsBaseline": 13567.368808143598
        },
        {
          "horizonYears": 20,
          "fundEndingValue": 222508.0209814268,
          "baselineEndingValue": 264824.8374718372,
          "feeDragVsBaseline": 42316.81649041039
        },
        {
          "horizonYears": 30,
          "fundEndingValue": 331908.60088404117,
          "baselineEndingValue": 430961.10057781835,
          "feeDragVsBaseline": 99052.49969377718
        }
      ]
    }
  ],
  "licensedReturnMetrics": {
    "provenance": "Computed on licensed market-return history",
    "computedAt": "2026-07-29T14:22:09.616Z",
    "proxy": "IWF",
    "proxyReturnBasis": "total",
    "feeDragByClass": [
      {
        "classId": "C000001973",
        "windows": [
          {
            "horizonYears": 10,
            "windowStart": "2016-07-29",
            "windowEnd": "2026-07-29",
            "proxyHistoryStart": "2000-05-26",
            "annualizedProxyReturn": 0.1692896866329554,
            "fundEndingValue": 451012.44845436944,
            "baselineEndingValue": 477277.285999068,
            "feeDragVsBaseline": 26264.83754469856,
            "missingReason": null
          },
          {
            "horizonYears": 20,
            "windowStart": "2006-07-31",
            "windowEnd": "2026-07-29",
            "proxyHistoryStart": "2000-05-26",
            "annualizedProxyReturn": 0.1304021829310511,
            "fundEndingValue": 1029835.6831533329,
            "baselineEndingValue": 1157768.9273956385,
            "feeDragVsBaseline": 127933.24424230563,
            "missingReason": null
          },
          {
            "horizonYears": 30,
            "windowStart": null,
            "windowEnd": "2026-07-29",
            "proxyHistoryStart": "2000-05-26",
            "annualizedProxyReturn": null,
            "fundEndingValue": null,
            "baselineEndingValue": null,
            "feeDragVsBaseline": null,
            "missingReason": "proxy history begins 2000 — no full 30-year window"
          }
        ],
        "missingReason": null
      },
      {
        "classId": "C000001975",
        "windows": [
          {
            "horizonYears": 10,
            "windowStart": "2016-07-29",
            "windowEnd": "2026-07-29",
            "proxyHistoryStart": "2000-05-26",
            "annualizedProxyReturn": 0.1692896866329554,
            "fundEndingValue": 437996.29270073527,
            "baselineEndingValue": 477277.285999068,
            "feeDragVsBaseline": 39280.99329833273,
            "missingReason": null
          },
          {
            "horizonYears": 20,
            "windowStart": "2006-07-31",
            "windowEnd": "2026-07-29",
            "proxyHistoryStart": "2000-05-26",
            "annualizedProxyReturn": 0.1304021829310511,
            "fundEndingValue": 969290.0510240204,
            "baselineEndingValue": 1157768.9273956385,
            "feeDragVsBaseline": 188478.87637161813,
            "missingReason": null
          },
          {
            "horizonYears": 30,
            "windowStart": null,
            "windowEnd": "2026-07-29",
            "proxyHistoryStart": "2000-05-26",
            "annualizedProxyReturn": null,
            "fundEndingValue": null,
            "baselineEndingValue": null,
            "feeDragVsBaseline": null,
            "missingReason": "proxy history begins 2000 — no full 30-year window"
          }
        ],
        "missingReason": null
      },
      {
        "classId": "C000166746",
        "windows": [
          {
            "horizonYears": 10,
            "windowStart": "2016-07-29",
            "windowEnd": "2026-07-29",
            "proxyHistoryStart": "2000-05-26",
            "annualizedProxyReturn": 0.1692896866329554,
            "fundEndingValue": 454125.2148659059,
            "baselineEndingValue": 477277.285999068,
            "feeDragVsBaseline": 23152.071133162128,
            "missingReason": null
          },
          {
            "horizonYears": 20,
            "windowStart": "2006-07-31",
            "windowEnd": "2026-07-29",
            "proxyHistoryStart": "2000-05-26",
            "annualizedProxyReturn": 0.1304021829310511,
            "fundEndingValue": 1044594.9847827755,
            "baselineEndingValue": 1157768.9273956385,
            "feeDragVsBaseline": 113173.94261286303,
            "missingReason": null
          },
          {
            "horizonYears": 30,
            "windowStart": null,
            "windowEnd": "2026-07-29",
            "proxyHistoryStart": "2000-05-26",
            "annualizedProxyReturn": null,
            "fundEndingValue": null,
            "baselineEndingValue": null,
            "feeDragVsBaseline": null,
            "missingReason": "proxy history begins 2000 — no full 30-year window"
          }
        ],
        "missingReason": null
      },
      {
        "classId": "C000001974",
        "windows": [
          {
            "horizonYears": 10,
            "windowStart": "2016-07-29",
            "windowEnd": "2026-07-29",
            "proxyHistoryStart": "2000-05-26",
            "annualizedProxyReturn": 0.1692896866329554,
            "fundEndingValue": 441408.4224577607,
            "baselineEndingValue": 477277.285999068,
            "feeDragVsBaseline": 35868.86354130728,
            "missingReason": null
          },
          {
            "horizonYears": 20,
            "windowStart": "2006-07-31",
            "windowEnd": "2026-07-29",
            "proxyHistoryStart": "2000-05-26",
            "annualizedProxyReturn": 0.1304021829310511,
            "fundEndingValue": 984979.1497081068,
            "baselineEndingValue": 1157768.9273956385,
            "feeDragVsBaseline": 172789.77768753178,
            "missingReason": null
          },
          {
            "horizonYears": 30,
            "windowStart": null,
            "windowEnd": "2026-07-29",
            "proxyHistoryStart": "2000-05-26",
            "annualizedProxyReturn": null,
            "fundEndingValue": null,
            "baselineEndingValue": null,
            "feeDragVsBaseline": null,
            "missingReason": "proxy history begins 2000 — no full 30-year window"
          }
        ],
        "missingReason": null
      }
    ],
    "trackingDifferenceByClass": []
  },
  "filterStats": {
    "total": 45,
    "keptLongCommonEquity": 45,
    "droppedAssetCategory": {},
    "droppedPayoffProfile": 0,
    "droppedNonPositivePct": 0
  },
  "publishable": true
}