VLLU

Harbor AlphaEdge Large Cap Value ETF

$22.93
+0.00%
Market closed. Last update: 11:43 PM ET

📎 Investment Objective

The Harbor AlphaEdge Large Cap Value ETF seeks to provide long-term capital appreciation by investing in a portfolio of large-capitalization U.S. companies that are undervalued relative to their intrinsic worth.

Overview

ETF tracking Harbor AlphaEdge Large Cap Value ETF

Category Large Cap
Issuer Other
Inception Date 2024-09-05
Market Cap $5.2M
Average Volume N/A
Dividend Yield 0.80%
52-Week Range $18.27 - $23.33
VWAP $22.96

Performance

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Investment Summary

📎 Investment Objective

The Harbor AlphaEdge Large Cap Value ETF seeks to provide long-term capital appreciation by investing in a portfolio of large-capitalization U.S. companies that are undervalued relative to their intrinsic worth.

🎯 Investment Strategy

The fund uses a quantitative, rules-based approach to identify and invest in large-cap U.S. stocks that exhibit characteristics of value, such as low price-to-earnings, price-to-book, and price-to-cash flow ratios. The portfolio is diversified across sectors and rebalanced periodically to maintain the desired value tilt.

✨ Key Features

  • Focuses on large-cap U.S. stocks with a value orientation
  • Utilizes a quantitative, rules-based investment process
  • Diversified portfolio across sectors
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Market risk: The value of the fund's holdings may decline due to general market conditions
  • Value investing risk: The fund's value-focused investment approach may underperform growth-oriented or other investment styles
  • Concentration risk: The fund's performance may be more volatile due to its focus on a specific market capitalization or sector
  • Liquidity risk: The fund may have difficulty selling certain holdings, which could affect performance

👤 Best For

The Harbor AlphaEdge Large Cap Value ETF may be suitable for long-term investors seeking exposure to large-cap U.S. value stocks as part of a diversified portfolio. Investors with a moderate risk tolerance and a long-term investment horizon may find this fund appropriate.