AELV
The fund does not yet have enough measurable history for a letter. Young funds age in naturally as their record builds; nothing is wrong.New York Stock Exchange ArcaHarbor AlphaEdge Large Cap Value ETF
$26.39+0.00 (+0.00%)
- Expense ratio
- 0.25%
- Fund size
- $3M
- 1Y return
- —
- Yield · Last 12 months
- 1.36%
- Holdings
- 75
- Volume · 30D
- 0M sh
- NAV per share
- $26.38
- 52W range
Our read on AELV
Harbor's value ETF doesn't just buy cheap. Its in-house index scores US large caps on valuation, quality, momentum and risk, then holds roughly 80 names. A concentrated take on value, and a young one, launched in 2024.
The Fund passively tracks the Harbor AlphaEdge Large Cap Value Index before fees and expenses. The index selects U.S.-listed equities using proprietary valuation, fundamental, price, and risk-management criteria.
Why people hold it
- Charges 0.25% a year, under the typical fee in its multifactor peer group and level with Schwab's FNDX for a comparable fundamental tilt.
- Value with guardrails. The index layers quality, momentum and risk-management screens on top of valuation, so it isn't just scooping up whatever screens statistically cheap.
- Roughly 80 US large caps, so each holding carries real weight instead of getting diluted inside a several-hundred-stock value index.
- Rules first: it passively tracks a published Harbor index, so the stock-picking recipe is set in advance rather than left to a manager's mood.
Worth knowing
- Small fund, thin trading. Spreads run wider than the household-name value ETFs, which makes limit orders and patient fills matter more.
- Launched in 2024, so the model has no long record across a full market cycle yet.
- Plain value costs less. Vanguard's VONV gives broad Russell 1000 value exposure for a fraction of this fee, without the extra screens.
AELV Holdings
- Stocks
- 75
- 37%
- AAPL
Geography
- United States97.37%
- Ireland1.65%
- China0.50%
- United Kingdom0.48%
AELV 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 Sep 22, 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 | AELV |
|---|---|
| Year to date | — |
| 1 month | −1.9% |
| 3 months | — |
| 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 | AELV |
|---|---|---|
| 2026 YTD | −1.0% |
AELV in the news
ETF.net Research hasn’t filed on AELV yet — coverage lands here as it’s written.
AELV Dividends
- 1.36%
- $0.36
- $0.36 per share
- Annual
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Dec 19, 2025 | Dec 24, 2025 | $0.36 |
| Dec 20, 2024 | Dec 26, 2024 | $0.18 |
AELV 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.
- 0.66
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
AELV Cost
- The middle half of US Active Value funds
- Median 0.55%
6 of the 66 US Active Value funds charge less.