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Sunday, August 23, 2026The Morning Brief →Sign in
GDIVHarbor

Harbor Dividend Growth Leaders ETF

$19.01+1.09% today
15.6819.1852-WK

Under normal market conditions, the fund invests at least 80% of its net assets, plus borrowings for investment purposes, in dividend-paying equity securities. The fund invests primarily in equity securities, principally common and preferred stocks of large capitalization companies with a history of paying dividends or as determined by the Subadviser’s analysis, the ability to increase dividends in the future.

Price & daily flows
18.4317.4316.4319.01DAILY NET FLOWAug 22Dec 19Apr 21Aug 21

SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 1Y SHOWN

The desk’s read

Flows are quiet — the past month netted out near zero, while the price has returned +13.2% so far this year. At 0.50% a year it is not the cheapest way in — ESMV runs the same ground at 0.18%.

COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH

$286Massets under management
0.50%expense ratio · $50 per $10,000 a year
net flow, trailing month
10Kavg daily volume, 30 days
45holdings · US-domiciled
2022listed May 22, 2022
Sector weights
Information Technology30.93%
Technology30.75%
Financials16.15%
Financial Services15.9%
Consumer Discretionary13.17%
Industrials11.79%
Healthcare11.61%
Consumer Cyclical8.46%
Consumer Defensive5.66%
Communication Services4.39%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Country weights
United States96.07%
Taiwan2.77%
Ireland2.43%
Netherlands2.17%
France1.77%
United Kingdom1.44%
Other1.41%
Canada1.4%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Performance
1 week-0.4%
1 month+1.1%
3 months+3.9%
6 months+6.3%
YTD+13.2%
1 year+20.9%
3 years

PRICE RETURN, DISTRIBUTIONS NOT REINVESTED

Net flows
1 week
1 month
3 months
YTD
1 year

CREATION/REDEMPTION DOLLARS, DAILY RECORDS

The risk read
9%realized volatility, 30 days (annualized)
12%realized volatility, 1 year
-9.7%deepest fall from a peak, 1 year
-0.9%where it sits vs. that peak today

VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK

The case against GDIV

Due diligence cuts both ways. These funds sit on the same shelf and beat GDIV on at least one dimension that matters — the fee, the asset base, or where the money is going.

FundFeeAssetsFlow, 1MThe case
IUSG iShares Core S&P U.S. Growth ETF0.04%$33.8B+$668M-46bp on fee · 118× the assets · +$668M in over the monthHead-to-head
IUSV iShares Core S&P U.S. Value ETF0.04%$28.1B+$103M-46bp on fee · 98× the assets · +$103M in over the monthHead-to-head
ILCG iShares Morningstar Growth ETF0.04%$3.3B+$7M-46bp on fee · 12× the assets · +$7M in over the monthHead-to-head
VUG Vanguard Growth Index Fund0.04%$135.5B-46bp on fee · 474× the assetsHead-to-head
VTV Vanguard Value Index Fund0.04%$125.5B-46bp on fee · 439× the assetsHead-to-head
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InstrumentsHarvest substitutesTrade cost at $1MClient tearsheetStress this fund
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