Harbor Capital Advisors transfers three ETFs to the NYSE trading floor

Harbor All-Weather Inflation Focus ETF (HGER)

HGER offers investors broad exposure to a basket of commodities by tracking the performance of the Quantix Inflation Index, which uses a quantitative strategy that considers a commodity's inflation sensitivity and roll yield return. This approach helps mitigate the negative effects of contango.

Under normal market conditions, HGER will track at least 15 different commodities futures. The ETF’s quarterly holdings as of September include gold, brent crude oil, Comex copper, aluminum, corn, zinc, nickel, wheat, soybeans, sugar, silver, RBOB gasoline, heating oil, gas oil, bean oil, and WTI crude oil.

HGER's structure allows investors to avoid filing a Schedule K-1 form, which can be time-consuming and complicated. The ETF charges a net expense ratio of 0.68% and has attracted assets under management, or AUM, of roughly $67 million so far. 

Harbor Dividend Growth Leaders ETF (GDIV)

GDIV is an actively managed equity ETF benchmarked against the S&P 500 index. The ETF targets large-cap equities with a historical record of regular and consistent dividend growth. According to Harbor Capital, this approach helps screen for holdings that are more resilient to economic weakness.

GDIV currently has a total of 43 holdings. Its top constituents consist of Broadcom (AVGO), Home Depot (HD), Apple (AAPL), Microsoft (MSFT), UnitedHealth (UNH), and ConocoPhilipps (COP). I suspect that if I ran a regression test on GDIV, it could score high for investment and profitability factors.

In terms of sector allocations, GDIV is mainly concentrated in the information technology (23%) and healthcare (15.6%) sectors. The former has exhibited strong dividend growth in recent years, while the latter has historically been resilient during bear markets. GDIV charges a net expense ratio of 0.50%.

Harbor Long-Term Growers ETF (WINN)

WINN offers investors an actively managed strategy targeting large and mid-cap growth stocks, benchmarked to the Russell 1000 Growth Index. The ETF primarily targets companies with underappreciated multi-year structural growth opportunities and competitive advantages.

The 74 current holdings in WINN are screened using a bottom-up fundamental approach for stronger levels of earnings per share expansion. The goal of WINN is to pay less per unit of growth in terms of price/earnings to growth ratio (PEG) versus its benchmark index. 

WINN's current top holdings include Microsoft, Apple, Alphabet (GOOGL), Amazon (AMZN), and NVIDIA (NVDA). The ETF has strong growth characteristics, with a 3-year EPS growth of 21.1%, a return on equity of 31.1%, and a projected earnings growth rate of 20.5%. WINN charges an expense ratio of 0.57%.

Please note this article is for information purposes only and does not in any way constitute investment advice. It is essential that you seek advice from a registered financial professional prior to making any investment decision.