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EMES

GradeCNew York Stock Exchange Arca

Harbor Emerging Markets Select ETF (EMES)

Active Equity · Harbor · Inception 2025-05-14

$29.22−0.00 (−0.00%)

As of Sep 23, 2026, 9:46 AM EDT

History starts May 15, 2025.
Intraday session: down, 2 prints from 29.22 to 29.22. Range 28.95 to 29.22. Use the arrow keys to read each point.$29.00$29.1010 AM12 PM2 PM4 PM
Expense ratio
0.65%
Fund size
$12M
1Y return
+32.2%
Yield · Last 12 months
Data unavailable
Holdings
50
Volume · 30D
0M sh
NAV per share
$28.88
52W range
low $21.44high $29.76

The ETF.net EMES Grade

C

54/ 100

Rank 10 of 28 in Emerging Markets Active Equity⁠

Confidence Medium

Six-pillar profile for EMES. Scores out of 100: Cost 50, Risk 88, Mission not scored, Tradability 18, Holdings 89, Durability 25. Strongest: Holdings (89). Weakest: Tradability (18). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 54 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    CScore 50
    Category rank14/28 · top 50%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    AScore 88
    Category rank1/28 · top 4%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    FScore 18
    Category rank25/28 · bottom quartile

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    AScore 89
    Category rank3/26 · top 12%

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    DScore 25
    Category rank26/28 · bottom quartile

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on EMES

ETF.net Research

CHarbor's active take on emerging markets: roughly 50 stocks instead of a sprawling index, priced at the middle of the active EM pack rather than the premium end. Launched in 2025.

Stated mandate

The Fund invests primarily in equity securities, principally common stocks, of companies in emerging markets.

Why people hold it

  1. 01Concentrated by design. Roughly 50 emerging-market stocks means each name actually moves the fund, unlike broad EM indexes where a single pick barely registers.
  2. 02At 0.65%, the fee lands right at the middle of actively managed EM funds. Active stock picking without the premium price tag some active EM shops charge.
  3. 03Its short life so far shows steadier drawdown and volatility behavior than most active EM rivals, and it grades out in the upper half of that peer group.

Worth knowing

  1. 01Launched in May 2025, so there is no full market cycle to judge. The risk picture rests on about a year of data, which is a thin sample for emerging markets.
  2. 02Small asset base and thin trading. Fewer shares changing hands can mean wider gaps between the buy and sell price, especially on larger orders.
  3. 03Systematic peers cost about half: AVEM and AVXC at 0.33%, DFEM at 0.39%. You are paying up for a concentrated stock-picking approach over broad quant exposure.

EMES Holdings

As of Sep 20, 2026, 6:04 AM
Asset class
Stocks
Holdings
50
Top-10 weight
52%
Largest holding
SAMSUNG ELECTRONICS-PREF12.8%

Sectors

  • Technology45.3%
  • Industrials16.2%
  • Financials15.4%
  • Consumer Discr.11.4%
  • Communication4.1%
  • Real Estate2.9%
  • Cons. Staples2.9%
  • Health Care1.0%
  • Materials0.7%

Geography

  • Taiwan (Province of China)50.90%
  • India14.24%
  • United States12.24%
  • Brazil8.66%
  • Uruguay3.95%
  • Peru3.72%
  • Mexico2.80%
  • Bermuda2.25%
  • Other countries (1)1.24%

Developed 0% · Emerging 100% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 4.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—SAMSUNG ELECTRONICS-PREF12.81%10,608$1M1
0022330.TWTAIWAN SEMICONDUCTOR MANUFAC12.47%19,000$1M175
003—SK HYNIX INC6.36%583$736K3
004—TENCENT HOLDINGS LTD3.80%8,100$440K3
0052454.TWMEDIATEK INC3.65%3,000$423K162
006—ALIBABA GROUP HOLDING LTD2.79%24,100$323K2
007—HONG KONG EXCHANGES & CLEAR2.56%6,000$297K3
008HDBHDFC BANK LTD-ADR2.54%12,984$294K39
009NUNU HOLDINGS LTD/CAYMAN ISL-A2.28%19,084$264K151
0102360.TWCHROMA ATE INC2.26%4,000$262K102
011—INTL CONTAINER TERM SVCS INC2.08%16,190$241K2
012—CONTEMPORARY AMPEREX TECHN-A2.04%5,200$236K2
013—AIRTAC INTERNATIONAL GROUP2.02%6,000$234K1
014IBNICICI BANK LTD-SPON ADR2.02%8,313$234K49
015MELIMERCADOLIBRE INC1.72%109$199K225

Showing 1–15 of 58 holdings

EMES Performance

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

EMES$13,222
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. EMES $13,222. SPY $11,723. Use the arrow keys to read each point.$9,501$11,620$13,740Sep 2025Feb 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

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.

Trailing total return for EMES. Periods over one year show the average yearly return.
PeriodEMES
Year to date+30.1%
1 month+2.5%
3 months−1.7%
1 year+32.2%
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, 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 EMES
YearReturn barEMES
2026 YTD+30.1%
2025+12.6%

History from May 15, 2025

EMES in the news

ETF.net Research hasn’t filed on EMES yet — coverage lands here as it’s written.

EMES 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 Sep 22, 2026.
Data unavailableLast 12 months
Payout per share
Data unavailableLast 12 months
Last payment
$0.12 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Irregular

Distribution data unavailable.

Distribution history

2025–2026

One bar per payment. 1 payment from 2025 to 2026 YTD. Dec 19, 2025 $0.12. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Dec 19, 2025Dec 24, 2025$0.12

EMES Risk

How much the fund’s monthly returns vary, scaled to a year.
—
No data available
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.
—
No data available
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.
−12.6%
12 months · trough Jul 2026
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.
1.42
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.

EMES Cost

Expense ratio0.65%
  • The middle half of Emerging Markets Active Equity funds
  • Median 0.65%

12 of the 27 Emerging Markets Active Equity funds charge less.

EMES costs $65.00 a year on $10,000. The median Emerging Markets Active Equity fund costs $65.00.