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EBIT - ETF AI Analysis
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Harbor AlphaEdge Small Cap Earners ETF (EBIT)
Rating:67Neutral
Price Target:―
Positive Factors
Broad Sector Diversification
The fund spreads its investments across many different sectors, which can help reduce the impact if any one industry struggles.
Generally Positive Recent Performance
The ETF has shown steady gains over the past month, three months, and year-to-date, indicating recent upward momentum.
Moderate Expense Ratio
The fund’s fee is relatively modest for an actively managed small-cap strategy, allowing investors to keep more of their returns.
Negative Factors
Heavy U.S. Concentration
Almost all of the fund’s assets are invested in U.S. companies, offering very limited international diversification.
Small Fund Size
With a relatively low level of assets under management, the ETF may face higher trading costs and a greater risk of closure than larger funds.
Mixed Performance Among Top Holdings
Some of the largest positions, such as Navient and Murphy Oil, have shown weak year-to-date performance, which can drag on overall returns.
EBIT vs. SPDR S&P 500 ETF (SPY)
AUM10.14M
RegionNorth America
Expense Ratio0.29%
Beta0.99
IssuerHarbor
Inception DateJul 10, 2024
Dividend Yield1.82%
Asset ClassEquity
Index TrackedHarbor AlphaEdge Small Cap Earners Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume1,577
30 Day Avg. Volume973
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
40.74Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering660
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
EBIT Summary
The Harbor AlphaEdge Small Cap Earners ETF (EBIT) tracks the Harbor AlphaEdge Small Cap Earners Index, focusing on smaller U.S. companies with solid earnings. It spreads investments across many sectors, including financials, consumer companies, and energy, with holdings like Navient and Lumen Technologies. Someone might consider this ETF to seek growth from smaller, potentially fast-growing businesses while getting diversification across many industries. However, small-cap stocks can be more volatile than larger, well-known companies, so the value of this ETF can go up and down more sharply with market changes.
How much will it cost me?The Harbor AlphaEdge Small Cap Earners ETF (Ticker: EBIT) has an expense ratio of 0.29%, meaning you’ll pay $2.90 per year for every $1,000 invested. This cost is slightly higher than average because the fund is actively managed, focusing on small-cap companies with strong earnings growth potential.
What would affect this ETF?The Harbor AlphaEdge Small Cap Earners ETF (EBIT) could benefit from economic growth and innovation in the U.S., as small-cap companies often thrive during periods of expansion and are known for their agility in adapting to market changes. However, rising interest rates or economic slowdowns may negatively impact small-cap firms, particularly those in sectors like financials and consumer cyclical, which are heavily represented in this ETF. Regulatory changes or shifts in energy and technology policies could also influence the performance of its top holdings and sector exposure.
EBIT Top 10 Holdings
This small-cap U.S. fund leans heavily into financials and energy, and that’s where much of the action is. PBF Energy and Peabody Energy have been rising and act like twin engines for the portfolio, while PennyMac Financial and Jackson Financial add steady strength from the financial side. On the flip side, Navient has been lagging and Lumen Technologies is still struggling to find its footing, quietly tugging on returns. Overall, the ETF is a domestically focused small-cap play with a clear tilt toward cyclical, earnings-driven names.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Navient | 1.57% | $158.74K | $979.94M | -25.87% | 55 Neutral | |
| StoneX Group | 0.97% | $97.71K | $6.32B | 57.98% | 58 Neutral | |
| John Wiley Sons Cl A | 0.78% | $78.88K | $1.54B | -27.77% | 69 Neutral | |
| Diebold Nixdorf Inc | 0.73% | $73.74K | $2.58B | 62.87% | 58 Neutral | |
| CNX Resources | 0.69% | $69.93K | $5.43B | 27.22% | 64 Neutral | |
| Taylor Morrison | 0.64% | $65.19K | $6.37B | 3.84% | 78 Outperform | |
| PennyMac Financial | 0.59% | $60.20K | $4.97B | -7.92% | 69 Neutral | |
| Optimum Communications Inc Class A | 0.59% | $60.08K | $770.52M | -40.79% | 40 Underperform | |
| PBF Energy | 0.59% | $59.24K | $4.11B | 22.90% | 55 Neutral | |
| Meritage | 0.58% | $59.16K | $5.34B | 1.27% | 69 Neutral |
EBIT Technical Analysis
Positive
―
Price Trends
34.77
Positive
33.83
Positive
32.43
Positive
Market Momentum
0.51
Negative
66.43
Neutral
90.11
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For EBIT, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 35.73, equal to the 50-day MA of 34.77, and equal to the 200-day MA of 32.43, indicating a bullish trend. The MACD of 0.51 indicates Negative momentum. The RSI at 66.43 is Neutral, neither overbought nor oversold. The STOCH value of 90.11 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for EBIT.
EBIT Peer Comparison
Comparison Results
Performance Comparison
EBIT
Harbor AlphaEdge Small Cap Earners ETF
36.81
4.62
14.35%
FSML
Franklin Small Cap Enhanced ETF
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―
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AFSM
First Trust Active Factor Small Cap ETF
―
―
―
STXK
Strive 2000 ETF
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―
―
FLQS
Franklin LibertyQ U.S. Small Cap Equity ETF
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―
―
BKSE
BNY Mellon US Small Cap Core Equity ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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