Key stats
About Harbor ETF Trust Harbor AlphaEdge Small Cap Earners ETF
Home page
Inception date
Jul 10, 2024
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Harbor Capital Advisors, Inc.
Distributor
Foreside Fund Services LLC
EBIT provides exposure to the small-cap space of the US equity universe while ignoring unprofitable companies. It tracks an index comprised of the most profitable Russel 2000 constituents, also dubbed as small-cap earners. The index first calculates profitability using operating margin by dividing the earnings by the revenues. The companies that meet the set profitability criteria and are deemed to have an operating margin of greater than or equal to 1% are then included in the index. The fund employs a modified profitability weighting methodology wherein final constituents allocations are determined by profitability relative to the other index securities over the trailing three-year period. The fund will utilize a representative sampling strategy, where it may or may not hold all the securities that comprise the index and instead invest in securities with similar investment profiles to the index constituents. The index is reconstituted and rebalanced semi-annually.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Stocks99.66%
Finance31.42%
Energy Minerals7.90%
Producer Manufacturing7.10%
Consumer Services5.99%
Consumer Durables5.91%
Retail Trade5.53%
Commercial Services3.84%
Process Industries3.84%
Industrial Services3.62%
Technology Services3.34%
Transportation3.12%
Utilities3.10%
Consumer Non-Durables2.88%
Health Technology2.48%
Electronic Technology2.15%
Non-Energy Minerals1.88%
Communications1.85%
Distribution Services1.81%
Health Services1.79%
Miscellaneous0.10%
Bonds, Cash & Other0.34%
Cash0.34%
Stock breakdown by region
North America95.78%
Europe3.23%
Latin America0.63%
Middle East0.25%
Asia0.11%
Africa0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
EBIT invests in stocks. The fund's major sectors are Finance, with 31.42% stocks, and Energy Minerals, with 7.90% of the basket. The assets are mostly located in the North America region.
EBIT top holdings are Navient Corp and Jackson Financial Incorporation Class A, occupying 1.72% and 1.21% of the portfolio correspondingly.
EBIT last dividends amounted to 0.29 USD. The year before, the issuer paid 0.02 USD in dividends, which shows a 94.34% increase.
EBIT assets under management is 9.42 M USD. It's fallen 3.33% over the last month.
EBIT fund flows account for 4.03 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, EBIT pays dividends to its holders with the dividend yield of 0.95%. The last dividend (Dec 26, 2024) amounted to 0.77 USD. The dividends are paid annually.
EBIT shares are issued by ORIX Corp. under the brand Harbor. The ETF was launched on Jul 10, 2024, and its management style is Passive.
EBIT expense ratio is 0.29% meaning you'd have to pay 0.29% of your investment to help manage the fund.
EBIT follows the Harbor AlphaEdge Small Cap Earners Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
EBIT invests in stocks.
EBIT price has fallen by −3.82% over the last month, and its yearly performance shows a −10.37% decrease. See more dynamics on EBIT price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −3.82% over the last month, showed a 4.52% increase in three-month performance and has decreased by −4.00% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −3.82% over the last month, showed a 4.52% increase in three-month performance and has decreased by −4.00% in a year.
EBIT trades at a premium (0.06%) meaning the ETF is trading at a higher price than the calculated NAV.