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HOLD

GradeBNew York Stock Exchange Arca

Harbor Alpha Layering ETF (HOLD)

Multi-Asset & Alternatives · Harbor · Inception 2025-08-13 · SEC filings

$32.72+0.00 (+0.00%)

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

Market opens at 9:30 AM ET.History starts Aug 14, 2025.
Intraday session: up, 16 prints from 32.33 to 32.72. Range 32.33 to 32.78. Use the arrow keys to read each point.$32.40$32.60$32.80Sep 17Sep 18Sep 21Sep 22Sep 23
Expense ratio
0.70%
Fund size
$8M
1Y return
+13.5%
Yield · Last 12 months
Data unavailable
Volume · 30D
0M sh
NAV per share
$32.72
52W range
low $29.57high $34.74

The ETF.net HOLD Grade

B

57/ 100

Rank 6 of 16 in Managed Futures⁠

Confidence Medium

Six-pillar profile for HOLD. Scores out of 100: Cost 87, Risk 31, Mission not scored, Tradability 34, Holdings 19, Durability 35. Strongest: Cost (87). Weakest: Holdings (19). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 57 of 100 sits in the B 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.
    AScore 87
    Category rank3/16 · top 19%

  • 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.
    DScore 31
    Category rank12/15 · bottom quartile

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    DScore 34
    Category rank11/16 · mid-pack

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    FScore 19
    Category rank3/4 · bottom quartile

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    DScore 35
    Category rank11/16 · mid-pack

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

Our read on HOLD

ETF.net Research

BOwn 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

  1. 01Two jobs, one line item: passive S&P 500 replication plus an active trend-following managed futures strategy, stacked rather than swapped.
  2. 02The 0.70% fee sits below the typical allocation-fund charge, which is unusual for a wrapper carrying an active futures overlay.
  3. 03The 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

  1. 01Opened in 2025, so live history is thin. The futures sleeve is discretionary quant, not an index, so outcomes trace the manager's models.
  2. 02Small and lightly traded so far, which tends to mean wider spreads than the household names in the allocation aisle.
  3. 03The 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

As of Sep 20, 2026, 6:04 AM
Asset class
Stocks
Holdings
—
Top-10 weight
104%
Largest holding
IVV89.9%

Sectors

Geography

The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001IVVISHARES CORE S&P 500 ETF89.93%2,694$2M54
002—US 2YR NOTE (CBT) Dec26 12/31/20264.58%-13,800,000$105K2
003—US 5YR NOTE (CBT) Dec26 12/31/20263.34%-5,100,000$76K2
004—US 10YR NOTE (CBT)Dec26 12/21/20262.55%-3,300,000$58K2
005—MICRO GOLD Dec26 12/29/20261.77%440$41K1
006—US LONG BOND(CBT) Dec26 12/21/20261.01%-1,800,000$23K1
007—Micro WTI Crude F Nov26 10/19/20260.43%6,400$10K1
008—NASD100 MICRO EMINDec26 12/18/20260.38%28$9K1
009—Micro, CAD/USD Dec26 12/15/20260.11%-320,000$3K1
010—Micro, EUR/USD Dec26 12/14/20260.09%-150,000$2K1
011—Micro, GBP/USD Dec26 12/14/20260.08%-112,500$2K1
012—Micro, AUD/USD Dec26 12/14/20260.01%-30,000$2801

Showing 1–12 of 12 holdings

HOLD Performance

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

HOLD$11,345
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. HOLD $11,345. SPY $11,723. Use the arrow keys to read each point.$9,332$10,774$12,215Sep 2025Mar 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 HOLD. Periods over one year show the average yearly return.
PeriodHOLD
Year to date+7.7%
1 month+1.3%
3 months−0.9%
1 year+13.5%
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 HOLD
YearReturn barHOLD
2026 YTD+7.7%
2025+8.5%

History from Aug 14, 2025

HOLD in the news

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

HOLD 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
$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

HOLD Risk

How much the fund’s monthly returns vary, scaled to a year.
15.7%
Annualised · 12 months to Aug 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.
0.64
vs 3-month T-bills · 12 months to Aug 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.
−9.5%
13 months · trough Mar 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.
1.01
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.

HOLD Cost

Expense ratio0.70%
  • The middle half of Managed Futures funds
  • Median 0.85%

2 of the 13 Managed Futures funds charge less.

HOLD costs $70.00 a year on $10,000. The median Managed Futures fund costs $85.00.