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Launched · SEC filings

Harbor Alpha Layering ETF (HOLD)

HOLDNYSE ArcaHarborC

$31.14−0.25 (−0.79%)

As of Nov 2, 2026, 2:52 PM ET

C40/ 100

Rank 11 of 16 in Managed Futures

C40/100Rank 11 of 16inManaged Futures
Intraday session: down, 59 prints from 31.39 to 31.14. Range 31.14 to 31.39. Use the arrow keys to read each point.31.2031.2531.3031.3510 AM12 PM2 PM4 PM
Expense ratio
0.70%
Fund size
$4M
1Y total return
+1.3%
Yield · Last 12 months
No data
Holdings
10
Avg volume · 30D
1.93K sh
52W range
low $29.56high $34.74
Launched
Filings
SEC EDGAR

The ETF.net HOLD Grade

Based on 5 of 6 pillars

C

Score 40 out of 100

Category
Managed Futures⁠
Rank
11 of 16
Six-pillar profile for HOLD. Scores out of 100: Cost 80, Risk 26, Mission not scored, Tradability 32, Holdings 30, Durability 35. Strongest: Cost (80). Weakest: Risk (26). Based on 5 of 6 pillars.

Score 40 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.

Very small fund, grade capped at C.

The cap holds the Score at 40 or below, so B and A are out of reach.

The pillars earned
53
This cap took
−13
Published Score
40 Grade C

  • Cost

    The fund’s net expense ratio, ranked against its category.
    A80 out of 100
    Rank 4 of 16

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D26 out of 100
    Rank 12 of 15

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    D32 out of 100
    Rank 13 of 16

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    D30 out of 100
    Rank 4 of 6

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    D35 out of 100
    Rank 11 of 16

Our read on HOLD

ETF.net Research

In short

COwn the S&P 500 and rent a trend-follower in one ticker. Harbor's 2025 launch layers an active, quantitative managed futures sleeve on top of passive index replication, so the diversifier rides along instead of taking the equity seat.

Stated mandate

The Fund seeks long-term capital appreciation through a passive strategy intended to replicate the S&P 500 Index combined with an active, quantitative trend-following managed futures strategy.

Why people hold it

  • Two jobs, one line item: passive S&P 500 replication plus an active trend-following managed futures strategy, stacked rather than swapped.
  • The 0.70% fee sits below the typical allocation-fund charge, which is unusual for a wrapper carrying an active futures overlay.
  • The trend sleeve casts a global net across markets, and the whole thing sits in a plain 1940 Act ETF: daily pricing, no K-1 partnership paperwork.

Worth knowing

  • Opened in 2025, so live history is thin. The futures sleeve is discretionary quant, not an index, so outcomes trace the manager's models.
  • Small and lightly traded so far, which tends to mean wider spreads than the household names in the allocation aisle.
  • The stacking shelf is competitive: NTSX and GDE run similar stock-plus-diversifier ideas for under a third of the cost, with years of record behind them.

HOLD Holdings

Holdings pillarD30 out of 100Rank 4 of 6 in Managed Futures
Asset class
Stocks
Holdings
10
Top-10 weight
104%
Largest holding
IVV101.5%

Sectors

  • Technology33.2%
  • Financials11.0%
  • Communication10.4%
  • Consumer Discretionary10.4%
  • Health Care10.3%
  • Industrials9.0%
  • Consumer Staples5.4%
  • Energy3.3%
  • Utilities2.4%
  • Real Estate2.4%
  • Materials2.2%

Geography

  • United States99.47%
  • Switzerland0.27%
  • China0.10%
  • Netherlands0.10%
  • Ireland0.03%
  • United Kingdom0.03%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1IVVIshares Core S&P 500 Etf101.50%2,030$1.57M59
2No dataMICRO GOLD Dec26 12/29/20261.20%-190$18.6K1
3No dataMicro WTI Crude F Jan27 12/18/20260.35%3,200$5.37K1
4No dataMicro, EUR/USD Dec26 12/14/20260.34%-187,500$5.28K1
5No dataMICRO EMIN RUS2000Dec26 12/18/20260.25%145$3.94K1
6No dataUS 2YR NOTE (CBT) Dec26 12/31/20260.12%-4,600,000$1.79K2
7No dataMicro, CAD/USD Dec26 12/15/20260.07%-320,000$1.08K1
8No dataJPN YEN CURR FUT Dec26 12/14/20260.05%-8,750$7601
9No dataEURO FX CURR FUT Dec26 12/14/20260.03%-250,000$5041
10No dataMicro, GBP/USD Dec26 12/14/2026<0.01%-81,250$46.61

Showing 1–10 of 10 holdings

HOLD Performance

Launched Aug 13, 2025

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.
HOLD$10,125
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. HOLD $10,125. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000Oct 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 HOLD. Periods over one year show the average yearly return.
PeriodHOLD
Year to date+3.1%
1 month−4.3%
3 months−2.4%
1 year+1.3%
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 HOLD
YearReturn barHOLD
2026 YTD+3.1%
2025+8.5%

History from Aug 14, 2025

HOLD in the news

HOLD Dividends

Last payment
$2.23 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 $2.23. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Dec 19, 2025Dec 24, 2025$2.23

$10,000 in HOLD 1 year ago paid $670 in dividends.

HOLD Risk

Risk pillarD26 out of 100Rank 12 of 15 in Managed Futures
How much the fund’s monthly returns vary, scaled to a year.
15.3%
Annualised · 14 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.
0.39
vs 3-month T-bills · 14 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.
−9.6%
14 months · trough Oct 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.
0.98
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.

HOLD Cost

Compare HOLD and JPFP

Overpaying vs JPFP, cheapest in Managed Futures

$1,971

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

  • HOLD 0.70%

    $13,606

  • JPFP 0.59% Cheapest

    $11,635

$10,000
30 years

Cost over time

  • HOLD 0.70%
  • JPFP 0.59%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530HOLD $13,606JPFP $11,635

Year by year

YearHOLDJPFPOverpaying
10$1,250$1,058$192
20$4,760$4,051$709
30$13,606$11,635$1,971

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