SMLL - ETF AI Analysis
Top Page
Harbor Active Small Cap ETF (SMLL)
Rating:64Neutral
Price Target:―
Positive Factors
Strong Recent Monthly Performance
The ETF has shown strong gains over the past month, suggesting positive short-term momentum in its holdings.
Several Strong Top Holdings
Many of the largest positions, such as Remitly Global, Liberty Energy, and Douglas Dynamics, have delivered strong year-to-date performance, helping support the fund’s overall results.
Broad Sector Exposure Within Small Caps
The fund invests across a wide range of sectors, including industrials, financials, technology, energy, and health care, which helps spread risk within the small-cap space.
Negative Factors
High Expense Ratio
The ETF charges relatively high fees, which can eat into returns over time compared with lower-cost funds.
Concentrated in a Few Sectors
A large portion of the portfolio is in industrials, financials, and technology, so weakness in these areas could have an outsized impact on performance.
Limited Geographic Diversification
With most assets invested in U.S. companies, the fund offers little exposure to international markets, reducing diversification across different economies.
SMLL vs. SPDR S&P 500 ETF (SPY)
AUM13.83M
RegionNorth America
Expense Ratio0.80%
Beta1.02
IssuerHarbor
Inception DateAug 27, 2024
Dividend Yield2.31%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume6,021
30 Day Avg. Volume2,562
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
24.10Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering48
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
SMLL Summary
The Harbor Active Small Cap ETF (SMLL) is an actively managed fund that focuses on smaller U.S. companies, mainly in industrials, financials, and technology. It does not track a set index, giving managers flexibility to pick what they see as promising small-cap stocks. The fund holds companies like Pool and Morningstar, aiming to capture the growth potential of businesses that are still expanding and less known than big blue-chip names. Investors might consider SMLL for growth and added diversification. However, small-cap stocks can be more volatile, so the price of this ETF can move up and down more sharply than the overall market.
How much will it cost me?The Harbor Active Small Cap ETF (Ticker: SMLL) has an expense ratio of 0.8%, meaning you’ll pay $8 per year for every $1,000 invested. This is higher than average because it is actively managed, which involves more research and decision-making compared to passively managed funds that track an index.
What would affect this ETF?The Harbor Active Small Cap ETF (SMLL) could benefit from economic growth in the U.S., particularly if small-cap companies in sectors like Industrials and Technology continue to innovate and expand. However, rising interest rates or economic slowdowns may negatively impact small-cap stocks, as these companies often face higher borrowing costs and are more sensitive to market fluctuations. Additionally, sector-specific challenges, such as regulatory changes in Technology or volatility in Energy markets, could influence the ETF's performance.
SMLL Top 10 Holdings
SMLL is leaning into U.S. small caps with a clear tilt toward industrials and financials, and a supporting cast in tech and energy. High-flyers like Remitly and Andersen Group are doing the heavy lifting, with Liberty Energy adding extra fuel after a strong run despite some recent bumps. WillScot and Douglas Dynamics are also rising, quietly reinforcing the fund’s industrial backbone. On the flip side, Morningstar and SS&C are losing steam, acting as mild brakes on performance. Overall, the story is active, U.S.-focused small caps with a cyclical, industrial flavor.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Reliance Steel | 4.88% | $677.70K | $17.97B | 25.61% | 74 Outperform | |
| Pool | 4.80% | $667.05K | $8.53B | -22.67% | 65 Neutral | |
| Remitly Global | 4.38% | $608.08K | $4.44B | 6.25% | 66 Neutral | |
| WillScot Mobile Mini Holdings | 4.01% | $556.47K | $4.10B | -8.22% | 69 Neutral | |
| Wintrust Financial | 3.78% | $525.18K | $9.97B | 33.07% | 78 Outperform | |
| Douglas Dynamics | 3.71% | $515.56K | $1.07B | 88.11% | 68 Neutral | |
| Liberty Energy | 3.66% | $508.16K | $5.34B | 167.73% | 69 Neutral | |
| Morningstar | 3.35% | $465.20K | $6.79B | -36.23% | 76 Outperform | |
| Andersen Group, Inc. Class A | 3.35% | $464.73K | $4.01B | ― | ― | |
| United Bankshares | 3.00% | $416.70K | $6.07B | 28.57% | 80 Outperform |
SMLL Technical Analysis
Positive
―
Price Trends
19.70
Positive
20.05
Positive
20.37
Positive
Market Momentum
0.28
Negative
61.00
Neutral
14.94
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For SMLL, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 20.13, equal to the 50-day MA of 19.70, and equal to the 200-day MA of 20.37, indicating a bullish trend. The MACD of 0.28 indicates Negative momentum. The RSI at 61.00 is Neutral, neither overbought nor oversold. The STOCH value of 14.94 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SMLL.
SMLL Peer Comparison
Comparison Results
Performance Comparison
SMLL
Harbor Active Small Cap ETF
20.42
0.70
3.55%
AFSM
First Trust Active Factor Small Cap ETF
―
―
―
SYZ
Lazard US Systematic Small Cap Equity ETF
―
―
―
ALIL
Argent Focused Small Cap ETF
―
―
―
ESSC
Eventide Small Cap ETF
―
―
―
FTKI
First Trust Small Cap BuyWrite Income ETF
―
―
―
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.
DisclaimerThis 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: ―
Table of Contents