Harbor Long-Short Equity ETF (LSEQ)
$34.230.00 (0.00%)
- 2.28%
- $17M
- +28.0%
- 0M sh
- $34.25
- low $27.52high $36.02
The ETF.net LSEQ Grade
D
Score 32 out of 100
- 24 of 30
Score 32 of 100 falls in the D 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.F16 out of 100Rank 25 of 30Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C49 out of 100Rank 18 of 30Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D28 out of 100Rank 23 of 30Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C53 out of 100Rank 8 of 15Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B61 out of 100Rank 11 of 30
Our read on LSEQ
DA hedge fund playbook in an ETF shell: LSEQ buys the large and mid caps it likes and shorts the ones it doesn't, keeping net long exposure usually between 40% and 60%. Roughly half-invested by design, with room to stretch to 150% long.
The Fund seeks long-term growth of capital through long and short positions in equity securities. It generally maintains net long exposure of 40% to 60%, with exposure occasionally reaching 150% long.
Why people hold it
- Shorting is the point, not a garnish. The fund runs a long book and a short book across Russell 1000 large and mid caps, so both sides of the trade drive the outcome.sec.gov
- Net exposure has guardrails: normally 40% to 60% long, with room to stretch to 150%. You always know roughly how much market you are carrying.sec.gov
- Hedge fund mechanics without the hedge fund gates: a 1940 Act fund that trades on an exchange, with published holdings, no lockups and no accreditation test.sec.gov
- Active from the ground up: about 160 positions, picked stock by stock rather than tracked, inside a single US large and mid cap universe.sec.gov
Worth knowing
- Costs 2.28% a year against a 0.65% median for active US equity funds. Core rivals like DFAU (0.12%) and DFAC (0.17%) charge a small fraction of that.
- Small asset base and thin trading. Spreads can widen, so limit orders and a look at the quote matter more here than with a giant index fund.
- Shorts cut both ways. When a shorted stock rises, the loss is not capped the way a long position's is, and borrowing those shares carries its own cost.sec.gov
LSEQ Holdings
- Stocks
- 106
- 42%
- ASM
Sectors
- Health Care43.5%
- Materials23.3%
- Technology17.7%
- Energy14.8%
- Communication0.7%
- Consumer Discretionary0.0%
Geography
- United States86.11%
- Canada4.72%
- Germany3.75%
- United Kingdom2.46%
- Ireland1.51%
- Luxembourg1.45%
LSEQ Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
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LSEQ$12,803
Returns run to the Oct 12, 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 | LSEQ |
|---|---|
| Year to date | +24.1% |
| 1 month | +0.7% |
| 3 months | −0.4% |
| 1 year | +28.0% |
| 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 | LSEQ |
|---|---|---|
| 2026 YTD | +24.1% | |
| 2025 | +4.1% | |
| 2024 | +12.8% | |
| 2023 | +0.3% |
LSEQ in the news
LSEQ Dividends
- $0.61 per share
- Irregular
Distribution data unavailable.
Distribution history
LSEQ Risk
- 14.6%
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.
- 0.68
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.
- −10.9%
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.
- 0.34
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
LSEQ Cost
2.28%
LSEQ2.28%
- The middle half of Alternative Strategies funds
- Median 1.00%
25 of the 30 Alternative Strategies funds charge less.
Other funds in Alternative Strategies
- DEVNTAltShares Event-Driven ETFExpense ratio 1.33%1 year return +9.6%
- DFFLSThe Future Fund Long/Short ETFExpense ratio 2.05%1 year return +1.5%
- DQISSimplify Multi-QIS Alternative ETFExpense ratio 1.21%1 year return −36.1%
- DORRMilitia Long/Short Equity ETFExpense ratio 10.91%1 year return +25.7%
- DEHLSEven Herd Long Short ETFExpense ratio 2.62%1 year return +7.2%