Harbor Long-Short Equity ETFHarbor Long-Short Equity ETFHarbor Long-Short Equity ETF

Harbor Long-Short Equity ETF

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Key stats


Assets under management (AUM)
‪20.52 M‬USD
Fund flows (1Y)
‪−2.77 M‬USD
Dividend yield (indicated)
Discount/Premium to NAV
−0.1%
Shares outstanding
‪725.00 K‬
Expense ratio
1.98%

About Harbor Long-Short Equity ETF


Brand
Harbor
Inception date
Dec 4, 2023
Structure
Open-Ended Fund
Index tracked
No Underlying Index
Replication method
Physical
Management style
Active
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
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
ISIN
US41151J8282
LSEQ is the first known hedge fund to ETF conversion in the industry. The fund aims to optimize returns while managing risk amid evolving market conditions by balancing long and short positions in US large and mid-cap stocks. The fund utilizes a multifactor model for long positions and a dedicated short model to identify potential underperformers. The approach is a proprietary macroeconomic regime model, which classifies market environments into value, neutral, or momentum regimes. This model determines gross and net exposure levels, value, quality, profitability, and momentum. Industry group selection is based on perceived alpha opportunities, focusing on sectors exhibiting the highest return dispersion. To manage risk, the fund maintains long and short exposures to counteract downside tail risk, gauged by the Sortino ratio. Investments may include T-bills, derivatives, limited foreign exposure, and reverse repurchase agreements. LSEQ started with $3.64 million in net assets.

Broaden your horizons with more funds linked to this ETF via country, focus, and more.

Classification


Asset Class
Alternatives
Category
Hedge fund strategies
Focus
Long/short
Niche
Long/short
Strategy
Active
Geography
U.S.
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
StocksBonds, Cash & Other
Health Technology
Cash
Stocks117.18%
Health Technology10.31%
Technology Services8.00%
Consumer Services7.75%
Retail Trade7.54%
Non-Energy Minerals5.31%
Electronic Technology4.59%
Utilities4.58%
Industrial Services3.42%
Transportation3.40%
Distribution Services3.30%
Communications2.37%
Process Industries2.15%
Energy Minerals1.82%
Commercial Services1.63%
Health Services1.52%
Producer Manufacturing0.65%
Finance0.55%
Bonds, Cash & Other−17.18%
Cash46.33%
ETF6.58%
Miscellaneous−70.09%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
LSEQ trades at 28.63 USD today, its price has risen 1.26% in the past 24 hours. Track more dynamics on LSEQ price chart.
LSEQ net asset value is 28.74 today — it's fallen 0.11% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
LSEQ assets under management is ‪20.52 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
LSEQ price has fallen by −0.42% over the last month, and its yearly performance shows a −2.06% decrease. See more dynamics on LSEQ price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −0.11% over the last month, showed a 2.28% increase in three-month performance and has decreased by −2.68% in a year.
LSEQ fund flows account for ‪−2.77 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.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
LSEQ invests in stocks. See more details in our Analysis section.
LSEQ expense ratio is 1.98%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, LSEQ isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, LSEQ technical analysis shows the buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating LSEQ shows the buy signal. See more of LSEQ technicals for a more comprehensive analysis.
No, LSEQ doesn't pay dividends to its holders.
LSEQ trades at a premium (0.13%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
LSEQ shares are issued by ORIX Corp.
LSEQ follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Dec 4, 2023.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.