

Harbor Active Commodity ETF
$24.78+0.23 (+0.93%)
- 0.93%
- $7M
- 0M sh
- $24.60
- low $19.29high $24.72
The ETF.net ACOM Grade
Score 46 out of 100
- 9 of 15
Score 46 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.D29 out of 100Rank 11 of 15Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.A93 out of 100Rank 1 of 15Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C41 out of 100Rank 8 of 15Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.D35 out of 100Rank 13 of 15
Our read on ACOM
CMost commodity ETFs bolt themselves to a fixed index. This one hands the wheel to Quantix, an ex-Goldman commodities team, to actively trade futures, options and swaps, with the Quantix Commodity Index as the yardstick.
The Fund seeks commodity-market exposure through actively managed commodity instruments, including futures, options, over-the-counter swaps, and other commodity-linked derivatives. It normally invests at least 80% of net assets in instruments providing commodity exposure.
Why people hold it
- Genuinely active, not index-plus: the subadviser picks and sizes futures, options and OTC swaps across commodity markets rather than following set index weights.m.nasdaqtrader.comharborcapital.com
- The bench behind it: Quantix is led by CIO Don Casturo, formerly Goldman Sachs' global commodities COO, and the same shop runs Harbor's index-based commodity ETF and built the Quantix Commodity Index.harborcapital.comharborcapital.com
- Built as a 1940 Act fund, with commodity derivatives routed through a wholly owned Cayman subsidiary, the standard plumbing for keeping this exposure inside fund tax rules.sec.govsec.gov
- The mandate has guardrails: at least 80% of net assets must sit in commodity-exposure instruments, so it stays a commodity fund however the manager shifts between markets.m.nasdaqtrader.com
Worth knowing
- Active discretion carries a price: 0.93% a year, above the median for futures-based commodity funds, several of which run cheaper index strategies (PDBC at 0.74%).
- It launched in 2026, so there is no long public record for the strategy in this wrapper, and it remains small and thinly traded next to the category's established names.harborcapital.com
- Returns come from a derivatives book, not a coupon: commodity futures and swaps can move sharply, and the fund has not been paying distributions.harborcapital.com
ACOM Holdings
- Other
- 34
- 76%
- Treasury Bill 10/13/2026
ACOM Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | ACOM |
|---|---|
| Year to date | — |
| 1 month | +0.6% |
| 3 months | +18.0% |
| 1 year | — |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | ACOM |
|---|---|---|
| 2026 YTD | +23.5% |
ACOM in the news
ACOM Dividends
Listed Jun 2026. No distributions yet.
ACOM Risk
- —
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- —
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- —
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.46
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
ACOM Cost
- The middle half of Commodity Futures funds
- Median 0.79%
9 of the 14 Commodity Futures funds charge less.
Other funds in Commodity Futures
- BEVMTInvesco Electric Vehicle Metals Commodity Strategy No K-1 ETFExpense ratio 0.74%1 year return +16.0%
- CHARDSimplify Commodities Strategy No K-1 ETFExpense ratio 0.78%1 year return +17.3%
- CCMDTPIMCO Commodity Strategy Active Exchange-Traded FundExpense ratio 0.98%1 year return +34.1%
- CUSEUSCF Energy Commodity Strategy Absolute Return FundExpense ratio 0.79%1 year return +41.7%
- CZSCUSCF ETF Trust - USCF Sustainable Commodity Strategy FundExpense ratio 0.79%1 year return +17.1%




