LSEQ

Harbor Long-Short Equity ETF

$28.69

+0.00%

Market closed. Last update: 10:50 PM ET

📎 Investment Objective

The Harbor Long-Short Equity ETF seeks to provide investment results that correspond, before fees and expenses, to the inverse (opposite) of the performance of the S&P 500 Index.

Overview

ETF tracking Harbor Long-Short Equity ETF

Category Inverse

Issuer Other

Inception Date 2023-12-04

Market Cap $20.8M

Average Volume N/A

Dividend Yield N/A

52-Week Range $27.07 - $29.54

VWAP $28.68

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The Harbor Long-Short Equity ETF seeks to provide investment results that correspond, before fees and expenses, to the inverse (opposite) of the performance of the S&P 500 Index.

🎯 Investment Strategy

The ETF uses a combination of long and short positions in an attempt to generate positive returns in declining equity markets. The fund manager will take short positions in stocks they believe will underperform, while maintaining long positions in stocks they believe will outperform.

✨ Key Features

Inverse exposure to the S&P 500 Index, providing potential gains when the broader market declines
Actively managed long-short equity strategy aiming to generate positive returns in both rising and falling markets
Low expense ratio of 0.00%
Limited track record with no performance history available

⚠️ Primary Risks

Inverse exposure risk: The fund's inverse performance will likely diverge from the exact opposite of the S&P 500 Index over time
Shorting risk: Short positions can incur unlimited losses if the shorted securities rise in value
Liquidity risk: The fund may have difficulty buying and selling securities, especially in volatile markets
Lack of performance history: Investors have limited data to evaluate the fund's long-term effectiveness

👤 Best For

This ETF may be suitable for experienced investors seeking to hedge against or profit from declines in the broader stock market. However, the fund's inverse strategy and lack of performance history make it a high-risk, speculative investment. It is not recommended for conservative or risk-averse investors.