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SMLL - ETF AI Analysis
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Harbor Active Small Cap ETF (SMLL)
Rating:67Neutral
Price Target:―
Positive Factors
Solid Year-To-Date Results
The ETF has delivered positive year-to-date performance, showing it has held up reasonably well so far this year.
Several Strong Top Holdings
Some of the largest positions, such as Pool, Reliance Steel, WillScot Mobile Mini, and Liberty Oilfield Services, have shown strong gains, helping support the fund’s overall returns.
Broad Sector Diversification Within Small Caps
Holdings spread across industrials, technology, financials, health care, and other sectors help reduce the impact if any single industry struggles.
Negative Factors
High Expense Ratio
The fund’s relatively high fee means more of the returns are eaten up by costs compared with many low-cost ETFs.
Mixed Performance Among Top Holdings
Several key positions, including SS&C Technologies, Morningstar, Paylocity, and Freshworks, have shown weak performance, which can drag on the ETF’s results.
Very Heavy U.S. Concentration
With almost all assets in U.S. stocks, the fund offers little geographic diversification and is highly tied to the U.S. small-cap market.
SMLL vs. SPDR S&P 500 ETF (SPY)
AUM14.10M
RegionNorth America
Expense Ratio0.80%
Beta1.05
IssuerHarbor
Inception DateAug 27, 2024
Dividend Yield2.34%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume2,925
30 Day Avg. Volume6,516
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
24.28Price 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) invests in a wide mix of smaller U.S. companies and does not track a set index, giving its managers flexibility to pick stocks they believe have strong growth potential. It focuses on small-cap businesses across many sectors, including industrials, technology, and financials, with holdings like SS&C Technologies and Pool Corporation. Someone might consider this ETF to seek higher long-term growth and to diversify beyond large, well-known companies. A key risk is that small-cap stocks can be more volatile, so the ETF’s value can rise and fall 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
This U.S.-focused small-cap fund leans heavily into industrials, tech, and financials, and a few names are clearly steering the ship. WillScot Mobile Mini, Pool, Reliance Steel, and Liberty Oilfield Services have been rising, giving the ETF a solid lift from industrial and cyclical corners. Wintrust Financial has been a steady hand in the financials bucket. On the flip side, software names like Paylocity, Freshworks, and Remitly are losing steam, acting as a drag and highlighting the fund’s tilt toward more volatile, growth-oriented tech plays.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Remitly Global | 5.10% | $719.96K | $2.85B | -33.54% | 66 Neutral | |
| Reliance Steel | 4.32% | $609.95K | $17.59B | 8.71% | 74 Outperform | |
| WillScot Mobile Mini Holdings | 4.09% | $577.82K | $4.02B | -35.33% | 69 Neutral | |
| Wintrust Financial | 4.04% | $570.34K | $10.39B | 26.25% | 78 Outperform | |
| Pool | 3.79% | $535.43K | $9.51B | -36.52% | 65 Neutral | |
| Douglas Dynamics | 3.55% | $501.41K | $969.56M | 62.73% | 68 Neutral | |
| Liberty Energy | 3.52% | $497.85K | $4.39B | 52.70% | 69 Neutral | |
| United Bankshares | 3.08% | $435.18K | $6.17B | 24.04% | 80 Outperform | |
| Morningstar | 2.99% | $422.14K | $6.44B | -49.83% | 76 Outperform | |
| SS&C Technologies Holdings | 2.97% | $419.36K | $17.75B | -19.45% | 78 Outperform |
SMLL Technical Analysis
Negative
―
Price Trends
20.40
Negative
20.24
Negative
20.62
Negative
Market Momentum
-0.12
Positive
46.47
Neutral
35.35
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For SMLL, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 20.38, equal to the 50-day MA of 20.40, and equal to the 200-day MA of 20.62, indicating a bearish trend. The MACD of -0.12 indicates Positive momentum. The RSI at 46.47 is Neutral, neither overbought nor oversold. The STOCH value of 35.35 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SMLL.
SMLL Peer Comparison
Comparison Results
Performance Comparison
SMLL
Harbor Active Small Cap ETF
20.16
-1.76
-8.03%
AFSM
First Trust Active Factor Small Cap ETF
―
―
―
SYZ
Lazard US Systematic Small Cap Equity ETF
―
―
―
ALIL
Argent Focused Small Cap ETF
―
―
―
FTKI
First Trust Small Cap BuyWrite Income ETF
―
―
―
ESSC
Eventide Small Cap 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.
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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