Harbor Transformative Technologies ETF (TEC)
$35.01−0.31 (−0.87%)
- 0.69%
- $7M
- +29.0%
- 0M sh
- $35.31
- low $24.54high $36.14
The ETF.net TEC Grade
C
Score 42 out of 100
- 19 of 31
Score 42 of 100 falls in the C 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.C42 out of 100Rank 18 of 31Mission
Whether the fund did what it promised, tested against its stated mandate.A85 out of 100Rank 2 of 10Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B67 out of 100Rank 7 of 31Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D29 out of 100Rank 26 of 31Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C43 out of 100Rank 21 of 31Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.F18 out of 100Rank 31 of 31
Our read on TEC
CA stock-picker's swing at disruptive tech. Harbor hands the keys to Jennison, whose team runs a concentrated, go-anywhere book of roughly 40 names tied to transformative technology. Active conviction, not an index screen.
The Fund normally invests at least 80% of its assets in securities of companies across any sector whose growth potential is tied to transformative technologies. These technologies use innovation to change how consumers, businesses, or industries operate.
Why people hold it
- Jennison Associates runs the portfolio, the growth-equity shop Harbor has partnered with for over 50 years.businesswire.com
- Go-anywhere mandate: at least 80% of assets in companies from any sector whose growth is tied to transformative technology, not only names filed under tech.
- Concentrated by design: roughly 40 holdings and non-diversified status mean individual winners can actually move the fund.aaii.com
- What's inside lines up closely with the transformative-tech mandate in the prospectus.
Worth knowing
- The 0.69% fee sits above index-built rivals like KOMP (0.20%) and XT (0.46%). Active selection is the thing you're paying up for.
- Launched in 2025, so the live record is short, the asset base small, and thin trading can widen the gap between bid and ask.
- Pure growth mandate with no income stream, and concentration cuts both ways when a top holding stumbles.
TEC Holdings
- Stocks
- 44
- 51%
- AAPL
Sectors
- Technology73.8%
- Communication10.0%
- Consumer Discretionary8.3%
- Health Care3.9%
- Industrials2.1%
- Utilities1.1%
- Financials1.0%
Geography
- United States90.02%
- Taiwan (Province of China)2.87%
- United Kingdom2.32%
- Netherlands1.90%
- Canada1.64%
- Cayman Islands1.25%
TEC Performance
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.Not enough history yet.
TEC$12,905
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 | TEC |
|---|---|
| Year to date | +25.2% |
| 1 month | +6.5% |
| 3 months | +5.9% |
| 1 year | +29.0% |
| 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 | TEC |
|---|---|---|
| 2026 YTD | +25.2% | |
| 2025 | +44.9% |
TEC in the news
TEC Dividends
No distributions in the last 12 months.
TEC Risk
- 21.9%
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.
- 1.53
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.
- −17.5%
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.
- 1.61
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
TEC Cost
0.69%
TEC0.69%
- The middle half of Disruptive Innovation funds
- Median 0.65%
17 of the 31 Disruptive Innovation funds charge less.
Other funds in Disruptive Innovation
- CTEKXState Street Galaxy Transformative Tech Accelerators ETFExpense ratio 0.65%1 year return +38.7%
- CARKKARK Innovation ETFExpense ratio 0.75%1 year return +1.7%
- CSOCLGlobal X - Social Media ETFExpense ratio 0.65%1 year return −22.2%
- CYNOTHorizon Digital Frontier ETFExpense ratio 0.75%1 year return +18.2%
- DDARPTidal Trust II Grizzle Growth ETFExpense ratio 0.75%1 year return +42.4%