EBIT - ETF AI Analysis
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Harbor AlphaEdge Small Cap Earners ETF (EBIT)
Rating:68Neutral
Price Target:―
Positive Factors
Strong Recent Performance
The ETF has shown strong gains so far this year and over the last few months, indicating positive momentum in its strategy.
Multiple Sector Exposure
Holdings spread across financials, consumer cyclical, industrials, energy, real estate, technology, and other sectors help reduce reliance on any single industry.
Moderate Expense Ratio
The fund’s expense ratio is relatively moderate for an actively managed small-cap strategy, allowing investors to keep more of their returns compared with higher-cost funds.
Negative Factors
Heavy U.S. Concentration
Almost all of the ETF’s holdings are in U.S. companies, which limits international diversification and ties results closely to the U.S. economy.
Sector Tilts Toward Financials and Cyclicals
Large weights in financial and consumer cyclical stocks mean the fund may be more sensitive to economic slowdowns and changes in interest rates.
Mixed Performance Among Top Holdings
While several top positions have delivered strong gains, a few have shown weak or negative performance, which can drag on overall returns.
EBIT vs. SPDR S&P 500 ETF (SPY)
AUM11.49M
RegionNorth America
Expense Ratio0.29%
Beta0.84
IssuerHarbor
Inception DateJul 10, 2024
Dividend Yield1.74%
Asset ClassEquity
Index TrackedHarbor AlphaEdge Small Cap Earners Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume508
30 Day Avg. Volume533
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
46.88Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering597
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
EBIT Summary
EBIT is the Harbor AlphaEdge Small Cap Earners ETF, which follows the Harbor AlphaEdge Small Cap Earners Index. It focuses on smaller U.S. companies with solid earnings, across many sectors like financials, industrials, energy, and technology. Some of its holdings include John Wiley & Sons and Navient. Investors might consider EBIT if they want growth potential from agile, lesser-known companies and broader diversification beyond large, famous stocks. However, small-cap stocks can be more volatile, so the ETF’s value can go up and down more sharply than the overall market.
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
EBIT leans heavily into U.S. small-cap financials, with names like Marex Group and Bread Financial doing much of the heavy lifting thanks to rising, earnings-driven momentum. StoneX Group adds to that strength, though its recent performance has been more mixed. On the other side of the ledger, Navient and PennyMac Financial have been lagging, with weak recent trends that act like a headwind for the fund. Consumer-facing Abercrombie & Fitch offers a bright spot with steadier gains, but overall this is a domestically focused, small-cap financial story with a few notable stragglers.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Navient | 1.66% | $189.47K | $854.37M | -23.76% | 55 Neutral | |
| Pagseguro Digital | 0.98% | $111.96K | $3.10B | 27.54% | 80 Outperform | |
| StoneX Group | 0.95% | $109.00K | $7.39B | 43.77% | 58 Neutral | |
| Marex Group plc | 0.79% | $90.76K | $5.17B | 139.18% | 73 Outperform | |
| Stoneco | 0.79% | $90.42K | $3.03B | -27.73% | 51 Neutral | |
| PennyMac Financial | 0.74% | $84.16K | $3.11B | -48.85% | 69 Neutral | |
| Abercrombie Fitch | 0.67% | $76.71K | $6.05B | 94.36% | 78 Outperform | |
| Bread Financial Holdings | 0.66% | $75.74K | $3.86B | 85.98% | 72 Outperform | |
| CNX Resources | 0.63% | $72.31K | $5.03B | 6.34% | 64 Neutral | |
| International Seaways | 0.63% | $72.13K | $5.93B | 175.45% | 72 Outperform |
EBIT Technical Analysis
Neutral
―
Price Trends
39.35
Negative
39.27
Negative
37.67
Positive
Market Momentum
-0.28
Negative
49.29
Neutral
88.66
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For EBIT, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 38.26, equal to the 50-day MA of 39.35, and equal to the 200-day MA of 37.67, indicating a neutral trend. The MACD of -0.28 indicates Negative momentum. The RSI at 49.29 is Neutral, neither overbought nor oversold. The STOCH value of 88.66 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for EBIT.
EBIT Peer Comparison
Comparison Results
Performance Comparison
EBIT
Harbor AlphaEdge Small Cap Earners ETF
38.55
5.65
17.17%
BKSE
BNY Mellon US Small Cap Core Equity ETF
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―
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AIMS
Acuitas Small Cap Active ETF
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―
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RUSC
US Small Cap Equity Active ETF
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―
STXK
Strive 2000 ETF
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SYZ
Lazard US Systematic Small Cap 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.
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: ―
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