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Launched · SEC filings

Harbor Multi-Asset Explorer ETF

MATRNYSE ArcaB

$27.94−0.03 (−0.09%)

As of Oct 13, 2026, 3:06 PM

B60/ 100

Rank 16 of 46 in Tactical Allocation

B60/100Rank 16 of 46inTactical Allocation
Intraday session: down, 6 prints from 27.96 to 27.94. Range 27.94 to 27.97. Use the arrow keys to read each point.27.9527.9527.9527.9627.9710 AM12 PM2 PM4 PM
Expense ratio
0.80%
Fund size
$11M
1Y total return
+11.2%
Yield · Last 12 months
2.77%
Holdings
27
Avg volume · 30D
0M sh
NAV per share
$27.97
52W range
low $25.40high $28.37
Launched
Filings
SEC EDGAR

The ETF.net MATR Grade

B

Score 60 out of 100

Category
Tactical Allocation⁠
Rank
16 of 46
Six-pillar profile for MATR. Scores out of 100: Cost 58, Risk 62, Mission 78, Tradability 38, Holdings 74, Durability 35. Strongest: Mission (78). Weakest: Durability (35). Leans toward Mission and Holdings.

Score 60 of 100 falls in the B 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.
    B58 out of 100
    Rank 20 of 46

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A78 out of 100
    Rank 9 of 27

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    B62 out of 100
    Rank 15 of 46

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    D38 out of 100
    Rank 34 of 46

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    A74 out of 100
    Rank 10 of 43

  • 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 37 of 46

Our read on MATR

ETF.net Research

BHarbor's in-house macro team reads the business cycle, then sets the mix of stock, bond, commodity and currency ETFs to match it. A tactical allocation fund for investors who want the regime call outsourced, priced near the middle of its category.

Stated mandate

The Fund seeks long-term total return while limiting downside risk. Its allocation is driven by regime modeling across multiple asset categories, including real estate investment trusts and commodities.

Why people hold it

  1. 01Growth, liquidity and inflation signals define the current business-cycle regime, and each regime maps to a distinct blend of equity, fixed income, commodity and currency funds.harborcapital.com
  2. 02Run in-house by Harbor's Multi-Asset Solutions Team, with a bottom-up research layer on top of the systematic model rather than a pure black box.harborcapital.com
  3. 03The prospectus pairs long-term total return with limiting downside risk, and reaches into corners a plain 60/40 skips: REITs, commodities, high yield, emerging markets.streetinsider.com
  4. 04At 0.80% a year, an actively managed tactical strategy priced essentially at the allocation-category median.

Worth knowing

  1. 01Plain-vanilla allocation peers such as AOA and IRTR charge a fraction as much. The fee here buys the regime call, not the beta.
  2. 02A small fund that trades thinly, so spreads and limit orders matter more here than in the category's giants.
  3. 03Launched in 2023, so the regime model has a short live record, and results hinge on Harbor reading the cycle correctly.harborcapital.com

MATR Holdings

As of Oct 13, 2026
Asset class
Stocks
Holdings
27
Top-10 weight
69%
Largest holding
IVV14.5%

Geography

  • United States100.00%
The fund’s holdings, weight-ordered — page 1 of 2.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001IVVIshares Core S&P 500 Etf14.50%1,947$2M57
002IEMGIshares Core Msci Emerging9.78%12,617$1M19
003FLJPFranklin Ftse Japan Etf8.02%20,233$842K8
004QQQMInvesco Nasdaq 100 Etf7.70%2,612$808K12
005VGKVanguard Ftse Europe Etf6.01%7,338$631K9
006XLKSs Technology Select Sector5.19%2,739$544K36
007VGITVanguard Intermediate-Term T4.97%9,206$522K11
008MAGSRoundhill Magnificent Seven4.93%7,015$517K8
009IALTIshrs Sys Alt Act Etf4.07%14,193$427K1
010GLDMSpdr Gold Minishares Trust4.05%5,120$425K15
011DBMFImgp Dbi Mft Str Etf-Usd Inc3.26%10,324$342K11
012VGLTVanguard Long-Term Treasury3.03%6,338$318K8
013XLCSs Comm Select Sector Spdr2.46%2,344$259K24
014SPHYSs Spdr P High Yield Etf2.45%11,383$257K12
015HGERHarbor Commodity All Weather2.03%5,931$213K4

Showing 1–15 of 27 holdings

MATR Performance

Launched Sep 13, 2023

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.
MATR$11,116
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$12,044
Oct 10, 2025 to Oct 12, 2026. MATR $11,116. SPY $12,044. Use the arrow keys to read each point.$9,582$10,912$12,243Oct 2025Apr 2026Oct 2026

Oct 10, 2025 – Oct 12, 2026

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.

Trailing total return for MATR. Periods over one year show the average yearly return.
PeriodMATR
Year to date+6.8%
1 month−0.3%
3 months+0.6%
1 year+11.2%
3 yearsper year+16.0%
5 yearsFund is under 5 years oldper year—
10 yearsFund is under 10 years oldper 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 MATR
YearReturn barMATR
2026 YTD+6.8%
2025+18.6%
2024+14.3%
2023+3.8%

History from Sep 14, 2023

MATR in the news

Filtered to MATR · Tactical Allocation

MATR 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 Oct 12, 2026.
2.77%Last 12 months
Payout per share
$0.78Last 12 months
Last payment
$0.78 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Annual

Distribution history

2023–2026

One bar per payment. 3 payments from 2023 to 2026 YTD. Dec 21, 2023 $0.57; Dec 20, 2024 $0.55; Dec 19, 2025 $0.78. Use the arrow keys to read each point.2023202420252026YTD
Ex-datePay dateAmount per share
Dec 19, 2025Dec 24, 2025$0.78
Dec 20, 2024Dec 26, 2024$0.55
Dec 21, 2023Dec 27, 2023$0.57

MATR Risk

How much the fund’s monthly returns vary, scaled to a year.
8.4%
Annualised · 36 months to Sep 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.
1.26
vs 3-month T-bills · to Sep 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.
−12.9%
36 months · trough Apr 2025
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.
0.62
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.

MATR Cost

Expense ratio0.80%
  • The middle half of Tactical Allocation funds
  • Median 0.91%

19 of the 46 Tactical Allocation funds charge less.

MATR costs $80.00 a year on $10,000. The median Tactical Allocation fund costs $90.50.

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