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Launched

Harbor AlphaEdge Small Cap Earners ETF (EBIT)

EBITNYSE ArcaHarborC

$39.33+0.44 (+1.14%)

As of Nov 2, 2026, 3:44 PM ET

C48/ 100

Rank 12 of 17 in US Small-Cap

C48/100Rank 12 of 17inUS Small-Cap
Intraday session: up, 70 prints from 38.89 to 39.33. Range 38.89 to 39.41. Use the arrow keys to read each point.39.0039.1039.2039.4010 AM12 PM2 PM4 PM
Expense ratio
0.29%
Fund size
$13M
1Y total return
+19.1%
Yield · Last 12 months
1.72%
Holdings
594
Avg volume · 30D
533 sh
52W range
low $31.92high $40.99
Launched

The ETF.net EBIT Grade

C

Score 48 out of 100

Category
US Small-Cap⁠
Rank
12 of 17
Six-pillar profile for EBIT. Scores out of 100: Cost 25, Risk 74, Mission 89, Tradability 18, Holdings 38, Durability 20. Strongest: Mission (89). Weakest: Tradability (18). Leans toward Mission.

Score 48 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.
    D25 out of 100
    Rank 13 of 17

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A89 out of 100
    Rank 10 of 16

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    A74 out of 100
    Rank 1 of 17

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    F18 out of 100
    Rank 16 of 17

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    D38 out of 100
    Rank 13 of 17

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    F20 out of 100
    Rank 15 of 17

Our read on EBIT

ETF.net Research

In short

CHarbor skipped the licensed benchmarks and built its own small-cap index, and EBIT is the wrapper. Roughly 600 small caps, house rules, priced a shade above the plain-vanilla crowd.

Stated mandate

The fund seeks to track, before fees and expenses, the performance of the Harbor AlphaEdge Small Cap Earners Index.

Why people hold it

  • Does what the prospectus says: track the Harbor AlphaEdge Small Cap Earners Index, with very little drift between fund and benchmark.
  • Roughly 600 small caps in one ticker, so no single name drives the outcome.
  • At 0.29% a year, it charges index-fund money for a rules-based screen rather than active-manager money.

Worth knowing

  • A small, thinly traded fund. Spreads can run wider than in the category's heavyweights, which makes order type matter more.
  • That 0.29% sits above the 0.25% small-cap median and far above core beta like VB and SCHA at 0.03%.
  • Launched in 2024, so the index has not yet been tested across a full market cycle.

EBIT Holdings

Holdings pillarD38 out of 100Rank 13 of 17 in US Small-Cap
Asset class
Stocks
Holdings
594
Top-10 weight
8%
Largest holding
NAVI1.9%

Sectors

  • Financials27.9%
  • Consumer Discretionary15.3%
  • Industrials13.1%
  • Energy10.8%
  • Real Estate7.7%
  • Technology7.3%
  • Health Care5.2%
  • Materials4.0%
  • Communication3.0%
  • Consumer Staples2.9%
  • Utilities2.8%

Geography

  • United States97.93%
  • Brazil1.64%
  • Switzerland0.26%
  • Norway0.16%
The fund’s holdings, weight-ordered — page 1 of 40.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1NAVINavient Holdings Inc1.87%26,206$238K82
2JXNJackson Financial Inc-A0.78%728$99K147
3SNEXStonex Group Inc0.77%1,780$97.8K157
4PFSIPennymac Financial Services0.71%1,405$90.5K93
5ANFAbercrombie & Fitch Co-Cl A0.70%538$89.2K183
6MRXMarex Group Ltd0.64%1,262$82.1K79
7PAGSPagseguro Digital Ltd-Cl A0.64%10,032$81K69
8BFHBread Financial Holdings Inc0.62%753$79.6K160
9CNXCnx Resources Corp0.61%2,125$78.2K143
10STNGScorpio Tankers Inc0.59%785$74.6K90
11ONBOld National Bancorp0.54%2,729$68.9K145
12CYHCommunity Health Systems Inc0.54%28,439$68.5K47
13CVICvr Energy Inc0.54%1,205$68.5K114
14INSWInternational Seaways Inc0.54%602$68.4K162
15MATXMatson Inc0.52%291$66.1K171

Showing 1–15 of 594 holdings

EBIT Performance

Launched Jul 9, 2024

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.Not enough history yet.Not enough history yet.
EBIT$11,908
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. EBIT $11,908. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000$12,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 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.

Trailing total return for EBIT. Periods over one year show the average yearly return.
PeriodEBIT
Year to date+15.8%
1 month+3.7%
3 months−2.6%
1 year+19.1%
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for EBIT
YearReturn barEBIT
2026 YTD+15.8%
2025+6.9%
2024+4.1%

History from Jul 11, 2024

EBIT in the news

EBIT Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
1.72%Last 12 months
Payout per share
$0.67Last 12 months
Last payment
$0.67 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Irregular

Distribution history

2024–2026

One bar per payment. 2 payments from 2024 to 2026 YTD. Dec 20, 2024 $0.77; Dec 19, 2025 $0.67. Use the arrow keys to read each point.202420252026YTD
Ex-datePay dateAmount per share
Dec 19, 2025Dec 24, 2025$0.67
Dec 20, 2024Dec 26, 2024$0.77

$10,000 in EBIT 1 year ago paid $201 in dividends.

EBIT Risk

Risk pillarA74 out of 100Rank 1 of 17 in US Small-Cap
How much the fund’s monthly returns vary, scaled to a year.
15.9%
Annualised · 27 months to Oct 2026
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.

Return above 3-month US Treasury bills per unit of volatility.
0.29
vs 3-month T-bills · 27 months to Oct 2026
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.

The largest fall from a peak to the low that followed.
−26.6%
27 months · trough Apr 2025
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.

How strongly the fund’s returns move with its asset-class index.
0.84
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

EBIT Cost

Compare EBIT and VB

Overpaying vs VB, tied cheapest in US Small-Cap

$5,314

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • EBIT 0.29%

    $5,952

  • VB 0.03% Tied cheapest

    $638

$10,000
30 years

Cost over time

  • EBIT 0.29%
  • VB 0.03%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K051015202530EBIT $5,952VB $638

Year by year

YearEBITVBOverpaying
10$527$55$472
20$2,044$216$1,828
30$5,952$638$5,314

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