Harbor Etf Trust Etf Profile
| SMLL Etf | USD 23.03 0.02 0.09% |
Performance16 of 100
| Odds Of DistressLess than 9
|
Harbor ETF is selling for 23.03 as of the 28th of November 2024. This is a 0.09 percent down since the beginning of the trading day. The etf's lowest day price was 22.99. Harbor ETF has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for Harbor ETF Trust are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of August 2024 and ending today, the 28th of November 2024. Click here to learn more.
The investment seeks daily investment results, before fees and expenses, of 200 percent of the daily performance of the Russell 2000 Index. Direxion Daily is traded on PCX Exchange in the United States. More on Harbor ETF Trust
Moving together with Harbor Etf
Harbor Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Small Cap ETFs, Size And Style ETFs, Small Blend, Direxion Funds (View all Sectors) |
| Issuer | Harbor Capital Advisors |
| Inception Date | 2024-08-28 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 9.78 Million |
| Average Trading Valume | 2,261.8 |
| Asset Type | Equity |
| Category | Size and Style |
| Focus | Small Cap |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | Harbor Capital Advisors, Inc. |
| Advisor | Harbor Capital Advisors, Inc. |
| Custodian | State Street Bank and Trust Company |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | Glen Gawronski |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 31-Oct |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 48.0 |
| Market Maker | Virtu Financial |
| Total Expense | 0.8 |
| Management Fee | 0.8 |
| Country Name | USA |
| Code | SMLL |
| Updated At | 27th of November 2024 |
| Name | Harbor ETF Trust |
| Currency Name | US Dollar |
| Currency Code | USD |
| Open Figi | BBG01PH7WRS4 |
| Type | ETF |
Harbor ETF Trust [SMLL] is traded in USA and was established 2014-07-29. The fund is listed under Small Blend category and is part of Direxion Funds family. The entity is thematically classified as Small Cap ETFs. Harbor ETF Trust at this time have 3.93 M in assets. , while the total return for the last 3 years was -5.47%.
Check Harbor ETF Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Harbor Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Harbor Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Harbor ETF Trust Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Harbor ETF Trust Etf Constituents
| RS | Reliance Steel Aluminum | Stock | Materials | |
| RLJ | RLJ Lodging Trust | Stock | Real Estate | |
| REYN | Reynolds Consumer Products | Stock | Consumer Staples | |
| PCTY | Paylocity Holdng | Stock | Information Technology | |
| PLOW | Douglas Dynamics | Stock | Industrials | |
| PECO | Phillips Edison Co | Stock | Real Estate | |
| TMCI | Treace Medical Concepts | Stock | Health Care | |
| JBI | Janus International Group | Stock | Industrials |
Harbor ETF Trust Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Harbor ETF. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.1721 | |||
| Jensen Alpha | 0.0968 | |||
| Total Risk Alpha | 0.0622 | |||
| Sortino Ratio | 0.1296 |
Harbor ETF Against Markets
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Harbor ETF Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
The market value of Harbor ETF Trust is measured differently than its book value, which is the value of Harbor that is recorded on the company's balance sheet. Investors also form their own opinion of Harbor ETF's value that differs from its market value or its book value, called intrinsic value, which is Harbor ETF's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Harbor ETF's market value can be influenced by many factors that don't directly affect Harbor ETF's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Harbor ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if Harbor ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Harbor ETF's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.