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

Harbor ETF Trust - Harbor Corporate Culture Small Cap ETF

$38.69+0.88% today
293952-WK

The fund invests at least 80% of its total assets in securities that are included in the index. The index consists of a modified market capitalization-weighted portfolio of equity securities of approximately 200 small cap U.S. companies identified by Irrational Capital LLC those it believes to possess strong corporate culture based on its proprietary scoring methodology.

Price & daily flows
36.834.131.438.69DAILY 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 +23.0% so far this year. At 0.60% a year it is not the cheapest way in — IEFA runs the same ground at 0.07%.

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

$132Massets under management
0.60%expense ratio · $60 per $10,000 a year
net flow, trailing month
72avg daily volume, 30 days
192holdings
2023listed April 13, 2023 · beta 0.90
Sector weights
Finance25.24%
Healthcare17.81%
Consumer Discretionary17.39%
Financial Services16.29%
Technology Services15.87%
Financials15.72%
Information Technology15.41%
Technology15.22%
Industrials14.85%
Health Technology11.32%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Country weights
United States98.88%
Other1.82%
Bermuda1.56%
Panama1.32%
Ireland0.78%
Israel0.34%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Performance
1 week-0.4%
1 month+5.0%
3 months+12.1%
6 months+18.0%
YTD+23.0%
1 year+25.4%
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
13%realized volatility, 30 days (annualized)
16%realized volatility, 1 year
-10.0%deepest fall from a peak, 1 year
-0.4%where it sits vs. that peak today

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

The case against HAPS

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

FundFeeAssetsFlow, 1MThe case
STIP iShares 0-5 Year TIPS Bond ETF0.03%$16B+$288M-57bp on fee · 121× the assets · +$288M in over the monthHead-to-head
MBB iShares MBS ETF0.04%$39B+$26M-56bp on fee · 294× the assets · +$26M in over the monthHead-to-head
IJH iShares Core S&P Mid-Cap ETF0.05%$128.4B+$547M-55bp on fee · 969× the assets · +$547M in over the monthHead-to-head
IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF0.04%$23.4B+$520M-56bp on fee · 177× the assets · +$520M in over the monthHead-to-head
IGIB iShares 5-10 Year Investment Grade Corporate Bond ETF0.04%$18.7B+$312M-56bp on fee · 141× the assets · +$312M in over the monthHead-to-head
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InstrumentsHarvest substitutesTrade cost at $1MClient tearsheetStress this fund
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