Harbor Ares Systematic Multi-Sector Income ETF
$42.79+0.00 (+0.00%)
- Expense ratio
- 0.50%
- Fund size
- $24M
- 1Y return
- +2.1%
- Yield · Last 12 months
- 6.47%
- Holdings
- 175
- Volume · 30D
- 0M sh
- NAV per share
- $42.81
- 52W range
The ETF.net SIFI Grade
Score 43 of 100 sits in the C 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.DScore 36Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 78Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 53Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.FScore 13Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.FScore 22Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.DScore 26Category rank
Our read on SIFI
CAres is a credit shop better known for private lending than index hugging. SIFI is its systematic take on core bonds: multi-sector credit, emerging-market debt, swaps and Treasury futures, measured against the Agg but not bound to it. Pays monthly.
The Fund seeks income and total return. It primarily invests in fixed-income instruments and may use credit-default swaps, Treasury futures, ETFs, foreign issuers, and emerging-market bonds.
Why people hold it
- The prospectus allows credit-default swaps, Treasury futures, ETFs, foreign issuers and emerging-market bonds, so the mix can move across credit sectors instead of matching Agg weights.
- The mandate names income alongside total return, and cash goes out monthly rather than quarterly.
- Roughly 180 positions: spread across issuers, yet concentrated enough that individual credit calls show up in the result.
- Trading since 2021, so it carries a live record through a sharp rate-hiking cycle rather than a backtest.
Worth knowing
- 0.50% a year, above the core-bond group's median and well above index staples like AGG, SPAB and SCHZ at 0.03%. Active credit work has to earn that gap.
- A small, thinly traded fund, so bid-ask spreads can run wider than the index giants' in the same category.
- Swaps and futures add counterparty and leverage-related risks that a plain bond index fund does not carry.
SIFI Holdings
- Bonds
- 175
- 36%
- S90149847 CDS USD R F 1 P90149847FEE CCPCDX 1.00% 06/20/2031
Geography
- United States80.71%
- Canada8.84%
- United Kingdom4.77%
- Ireland1.30%
- Netherlands1.27%
- Singapore0.76%
- Japan0.71%
- Italy0.58%
- 1.06%
SIFI Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
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.
| Period | SIFI |
|---|---|
| Year to date | +0.8% |
| 1 month | −1.0% |
| 3 months | −0.4% |
| 1 year | +2.1% |
| 3 years | +7.1% |
| 5 years | +2.1% |
| 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 | SIFI |
|---|---|---|
| 2026 YTD | +0.8% | |
| 2025 | +8.8% | |
| 2024 | +5.0% | |
| 2023 | +8.7% | |
| 2022 | −10.6% | |
| 2021 | −1.0% |
SIFI in the news
ETF.net Research hasn’t filed on SIFI yet — coverage lands here as it’s written.
SIFI Dividends
- 6.47%
- $2.77
- $0.19 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 1, 2026 | Sep 4, 2026 | $0.19 |
| Aug 3, 2026 | Aug 6, 2026 | $0.21 |
| Jul 1, 2026 | Jul 7, 2026 | $0.17 |
| Jun 1, 2026 | Jun 4, 2026 | $0.18 |
| May 1, 2026 | May 6, 2026 | $0.17 |
| Apr 1, 2026 | Apr 7, 2026 | $0.19 |
| Mar 2, 2026 | Mar 5, 2026 | $0.16 |
| Feb 2, 2026 | Feb 5, 2026 | $0.17 |
| Dec 19, 2025 | Dec 24, 2025 | $0.73 |
| Dec 2, 2025 | Dec 5, 2025 | $0.20 |
| Nov 4, 2025 | Nov 7, 2025 | $0.22 |
| Oct 1, 2025 | Oct 6, 2025 | $0.17 |
SIFI Risk
- 4.4%
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.
- 0.56
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.
- −14.5%
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.
- 0.71
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
SIFI Cost
- The middle half of US High Yield funds
- Median 0.43%
52 of the 84 US High Yield funds charge less.