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LSEQ

GradeDNew York Stock Exchange Arca

Harbor Long-Short Equity ETF (LSEQ)

Multi-Asset & Alternatives · Harbor · Inception 2015-01-01

$33.57−0.13 (−0.39%)

As of Sep 23, 2026, 12:27 PM EDT

History starts Dec 6, 2023.
Intraday session: down, 2 prints from 33.70 to 33.57. Range 33.57 to 33.70. Use the arrow keys to read each point.$33.60$33.65$33.7010 AM12 PM2 PM4 PM
Expense ratio
2.28%
Fund size
$16M
1Y return
+22.0%
Yield · Last 12 months
Data unavailable
Holdings
156
Volume · 30D
0M sh
NAV per share
$33.69
52W range
low $26.50high $36.02

The ETF.net LSEQ Grade

D

31/ 100

Rank 26 of 30 in Alternative Strategies⁠

Confidence Medium

Six-pillar profile for LSEQ. Scores out of 100: Cost 9, Risk 50, Mission not scored, Tradability 33, Holdings 58, Durability 61. Strongest: Durability (61). Weakest: Cost (9). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 31 of 100 sits in the D 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.
    FScore 9
    Category rank27/30 · bottom quartile

  • 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.
    CScore 50
    Category rank17/30 · mid-pack

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    DScore 33
    Category rank21/30 · mid-pack

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    BScore 58
    Category rank6/15 · top 40%

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    BScore 61
    Category rank12/30 · top 40%

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

Our read on LSEQ

ETF.net Research

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.

Stated mandate

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

  1. 01Shorting 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
  2. 02Net 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
  3. 03Hedge 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
  4. 04Active 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

  1. 01Costs 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.
  2. 02Small 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.
  3. 03Shorts 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

As of Sep 20, 2026, 6:04 AM
Asset class
Stocks
Holdings
156
Top-10 weight
48%
Largest holding
HL6.1%

Sectors

Geography

The fund’s holdings, weight-ordered — page 1 of 8.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001HLHECLA MINING CO6.10%27,880$529K191
002PRPERMIAN RESOURCES CORP-CL A4.94%18,460$428K202
003NEMNEWMONT CORP4.90%3,411$424K428
004FCXFREEPORT-MCMORAN INC4.83%5,909$419K368
005TXG10X GENOMICS INC-CLASS A4.81%5,412$417K136
006FMCQFFIRST MAJESTIC SILVER CORP4.76%21,182$413K6
007CCCSCCC INTELLIGENT SOLUTIONS HO4.70%61,768$408K53
008—ANGLOGOLD ASHANTI PLC4.55%3,852$394K9
009VLOVALERO ENERGY CORP4.41%927$382K395
010AUGOAURA MINERALS INC4.34%4,240$376K43
011ALMALMONTY INDUSTRIES INC3.79%23,220$328K26
012MPCMARATHON PETROLEUM CORP3.54%728$307K391
013BAXBAXTER INTERNATIONAL INC3.45%12,974$299K187
014JHXJAMES HARDIE IND PLC3.41%11,394$295K79
015SCCOSOUTHERN COPPER CORP3.38%1,493$293K214

Showing 1–15 of 118 holdings

LSEQ Performance

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

LSEQ$12,200
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. LSEQ $12,200. SPY $11,723. Use the arrow keys to read each point.$9,250$11,289$13,328Sep 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 LSEQ. Periods over one year show the average yearly return.
PeriodLSEQ
Year to date+22.1%
1 month−4.5%
3 months−6.5%
1 year+22.0%
3 yearsHistory unavailable—per year
5 yearsHistory unavailable—per year
10 yearsHistory unavailable—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 LSEQ
YearReturn barLSEQ
2026 YTD+22.1%
2025+4.1%
2024+12.8%
2023+0.3%

History from Dec 6, 2023

LSEQ in the news

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

LSEQ 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
$0.61 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 $0.61. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Dec 19, 2025Dec 24, 2025$0.61

LSEQ Risk

How much the fund’s monthly returns vary, scaled to a year.
14.5%
Annualised · 32 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.
0.80
vs 3-month T-bills · 32 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.
−10.9%
33 months · trough Aug 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.
0.32
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.

LSEQ Cost

Expense ratio2.28%
  • The middle half of Alternative Strategies funds
  • Median 1.00%

24 of the 29 Alternative Strategies funds charge less.

LSEQ costs $228.00 a year on $10,000. The median Alternative Strategies fund costs $100.00.