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 delivered solid gains so far this year and over the past month, showing positive momentum in its strategy.
Broad Sector Diversification
Holdings are spread across many sectors, including financials, consumer cyclical, industrials, energy, and technology, which helps reduce reliance on any single industry.
Moderate Expense Ratio
The fund’s expense ratio is reasonable for an actively managed small-cap strategy, helping investors keep more of their returns compared with higher-cost funds.
Negative Factors
Single-Country Concentration
Almost all assets are invested in U.S. companies, offering very little geographic diversification outside the United States.
Small Fund Size
The ETF has a relatively low level of assets under management, which can sometimes lead to wider trading spreads and a higher risk of the fund being closed in the future.
Mixed Performance Among Top Holdings
While several top positions have performed strongly, at least one notable holding has shown weak results this year, which can drag on overall returns.
EBIT vs. SPDR S&P 500 ETF (SPY)
AUM11.57M
RegionNorth America
Expense Ratio0.29%
Beta0.91
IssuerHarbor
Inception DateJul 10, 2024
Dividend Yield1.72%
Asset ClassEquity
Index TrackedHarbor AlphaEdge Small Cap Earners Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume801
30 Day Avg. Volume906
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
43.85Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering649
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 like financials, industrials, energy, and technology, and holds names such as Navient and SM Energy. Someone might consider this ETF if they want growth potential from smaller, often overlooked companies and added diversification beyond large, well-known stocks. However, small-cap stocks can be more volatile than larger companies, so the value of this ETF can go up and down more sharply with the 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 caps, with financials and economically sensitive names setting the tone. StoneX Group has been one of the fund’s quiet engines, rising steadily and helping offset pressure from laggards like Navient, which has been losing steam this year. Energy plays such as SM Energy and Scorpio Tankers have also been pulling their weight, adding a cyclical kick to returns, while more mixed stories like Diebold Nixdorf show that not every small-cap turnaround is firing on all cylinders yet.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| StoneX Group | 1.41% | $164.88K | $10.76B | 133.01% | 58 Neutral | |
| Navient | 1.24% | $145.46K | $749.10M | -37.39% | 55 Neutral | |
| John Wiley Sons Cl A | 1.16% | $136.13K | $2.23B | 10.73% | 69 Neutral | |
| Diebold Nixdorf Inc | 0.82% | $96.21K | $2.86B | 58.06% | 58 Neutral | |
| SM Energy | 0.75% | $87.74K | $6.83B | 0.46% | 72 Outperform | |
| Taylor Morrison | 0.68% | $79.89K | $6.62B | 25.53% | 78 Outperform | |
| CNX Resources | 0.61% | $71.18K | $4.66B | -0.56% | 64 Neutral | |
| Bread Financial Holdings | 0.60% | $70.71K | $4.14B | 96.46% | 72 Outperform | |
| PBF Energy | 0.60% | $69.92K | $4.69B | 60.52% | 55 Neutral | |
| Meritage | 0.57% | $66.64K | $4.86B | 18.73% | 69 Neutral |
EBIT Technical Analysis
Positive
―
Price Trends
37.77
Positive
36.73
Positive
35.16
Positive
Market Momentum
0.42
Negative
59.52
Neutral
49.34
Neutral
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 38.24, equal to the 50-day MA of 37.77, and equal to the 200-day MA of 35.16, indicating a bullish trend. The MACD of 0.42 indicates Negative momentum. The RSI at 59.52 is Neutral, neither overbought nor oversold. The STOCH value of 49.34 is Neutral, 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
38.97
8.59
28.28%
AIMS
Acuitas Small Cap Active ETF
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BKSE
BNY Mellon US Small Cap Core Equity 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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―
RUSC
US Small Cap Equity Active 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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