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Launched · SEC filings

Harbor Multi-Asset Explorer ETF

MATRNYSE ArcaHarborB

$26.920.00 (0.00%)

As of Nov 2, 2026, 10:00 AM ET

B63/ 100

Rank 9 of 46 in Tactical Allocation

B63/100Rank 9 of 46inTactical Allocation
Intraday session: up, 1 prints from 26.92 to 26.92. Range 26.92 to 26.92. Use the arrow keys to read each point.26.9226.9226.9226.9210 AM12 PM2 PM4 PM
Expense ratio
0.80%
Fund size
$10M
1Y total return
+4.1%
Yield · Last 12 months
2.88%
Holdings
27
Avg volume · 30D
721 sh
52W range
low $25.40high $28.37
Launched
Filings
SEC EDGAR

The ETF.net MATR Grade

B

Score 63 out of 100

Category
Tactical Allocation⁠
Rank
9 of 46
Six-pillar profile for MATR. Scores out of 100: Cost 69, Risk 55, Mission 80, Tradability 40, Holdings 69, Durability 35. Strongest: Mission (80). Weakest: Durability (35). Leans toward Mission.

Score 63 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.
    B69 out of 100
    Rank 15 of 46

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A80 out of 100
    Rank 8 of 27

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    B55 out of 100
    Rank 21 of 46

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C40 out of 100
    Rank 32 of 46

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    B69 out of 100
    Rank 12 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

In short

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

  • Growth, 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
  • Run 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
  • The 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
  • At 0.80% a year, an actively managed tactical strategy priced essentially at the allocation-category median.

Worth knowing

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

MATR Holdings

Holdings pillarB69 out of 100Rank 12 of 43 in Tactical Allocation
Asset class
Stocks
Holdings
27
Top-10 weight
69%
Largest holding
IVV14.6%

Geography

  • United States64.43%
  • Japan11.78%
  • Taiwan3.93%
  • South Korea2.54%
  • China2.43%
  • United Kingdom2.19%
  • India1.67%
  • Switzerland1.39%
  • Other countries (33)9.65%

Developed 64% · Emerging 36% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 2.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1IVVIshares Core S&P 500 Etf14.64%1,947$1.5M59
2IEMGIshares Core Msci Emerging9.37%12,617$963K17
3FLJPFranklin Ftse Japan Etf7.95%20,233$817K6
4QQQMInvesco Nasdaq 100 Etf7.48%2,612$769K18
5VGKVanguard Ftse Europe Etf6.29%7,338$647K9
6VGITVanguard Intermediate-Term T5.15%9,206$529K12
7XLKSs Technology Select Sector5.03%2,739$517K38
8MAGSRoundhill Magnificent Seven4.76%7,015$489K8
9IALTIshrs Sys Alt Act Etf4.14%14,193$425K2
10GLDMSpdr Gold Minishares Trust3.96%5,120$407K14
11DBMFImgp Dbi Mft Str Etf-Usd Inc3.28%10,324$338K10
12VGLTVanguard Long-Term Treasury3.22%6,338$331K8
13SPHYSs Spdr P High Yield Etf2.51%11,383$258K17
14XLCSs Comm Select Sector Spdr2.31%2,344$237K27
15HGERHarbor Commodity All Weather2.05%5,931$211K5

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$10,405
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. MATR $10,405. 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 MATR. Periods over one year show the average yearly return.
PeriodMATR
Year to date+2.8%
1 month−3.3%
3 months−1.2%
1 year+4.1%
3 yearsper year+15.2%
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 MATR
YearReturn barMATR
2026 YTD+2.8%
2025+18.6%
2024+14.3%
2023+3.8%

History from Sep 14, 2023

MATR in the news

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 30, 2026.
2.88%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

$10,000 in MATR 3 years ago paid $959 in dividends.

MATR Risk

Risk pillarB55 out of 100Rank 21 of 46 in Tactical Allocation
How much the fund’s monthly returns vary, scaled to a year.
8.7%
Annualised · 36 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.
1.17
vs 3-month T-bills · 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.
−12.9%
37 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.

FMP measures it over up to five years of monthly returns.

MATR Cost

Compare MATR and ENDW

Overpaying vs ENDW, cheapest in Tactical Allocation

$10,788

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

  • MATR 0.80%

    $15,346

  • ENDW 0.22% Cheapest

    $4,558

$10,000
30 years

Cost over time

  • MATR 0.80%
  • ENDW 0.22%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530MATR $15,346ENDW $4,558

Year by year

YearMATRENDWOverpaying
10$1,422$401$1,021
20$5,393$1,561$3,832
30$15,346$4,558$10,788

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