The Harbor AlphaEdge Small Cap Earners ETF (EBIT) is an equity ETF managed by Harbor, with $0.01 billion in assets under management. Launched in 2024, EBIT seeks to track an index of profitable small-cap U.S. companies. A key differentiator is its focus on companies with positive earnings, potentially offering a quality tilt within the small-cap space. The ETF has an expense ratio of 0.29%. Past performance does not guarantee future results.
Harbor AlphaEdge Small Cap Earners ETF (EBIT) (EBIT) ETF — Price, Holdings & Analysis
The Harbor AlphaEdge Small Cap Earners ETF (EBIT) is an equity ETF managed by Harbor, with $0.01 billion in assets under management. Launched in 2024, EBIT seeks to track an index of profitable small-cap U.S. companies. A key differentiator is its focus on companies with positive earnings, potentially offering a quality tilt within the small-cap space. The ETF has an expense ratio of 0.29%. Past performance does not guarantee future results.
ETF Overview
The fund invests at least 80% of its total assets in securities that are included in the Index. The index is designed to deliver exposure to equity securities of small cap U.S. companies that are profitable, or “small cap earners,” based on the index provider’s methodology.
The Harbor AlphaEdge Small Cap Earners ETF (EBIT) aims to provide exposure to small-cap U.S. companies that demonstrate profitability. The fund invests at least 80% of its assets in securities included in its underlying index, which selects companies based on the index provider's methodology for identifying 'small cap earners.' This focus on profitable companies distinguishes EBIT from broader small-cap ETFs that may include companies with negative earnings. The ETF's top holdings include Navient Corp (1.39%), StoneX Group Inc (0.98%), and John Wiley & Sons Inc Class A (0.85%). Sector allocation is heavily weighted towards Financial Services (24.7%), followed by Consumer Cyclical (15.7%) and Industrials (13.4%). EBIT may appeal to investors seeking a quality-focused approach to small-cap investing, potentially mitigating some of the risks associated with less established companies. Past performance does not guarantee future results.
Risk Metrics
EBIT's risk profile is influenced by its focus on small-cap companies and sector concentrations. The significant allocation to Financial Services (24.7%) exposes the ETF to sector-specific risks, such as interest rate changes and regulatory shifts. Similarly, the allocation to Consumer Cyclical (15.7%) makes it sensitive to economic cycles. With a beta of 0.00 (3Y), EBIT's volatility relative to the broader market cannot be determined. The ETF's expense ratio of 0.29% will create a slight drag on returns over time. Investors should also consider the concentration risk associated with its top holdings; however, with 659 holdings, this risk is somewhat mitigated. Past performance does not guarantee future results.
EBIT is the ticker symbol for the Harbor AlphaEdge Small Cap Earners ETF. This ETF aims to track an index designed to provide exposure to equity securities of small-cap U.S. companies that are considered profitable, or 'small cap earners,' based on the index provider’s methodology. The fund invests at least 80% of its total assets in securities included in the index. The ETF offers a focused approach to small-cap investing by screening for companies with positive earnings, potentially leading to a different risk-return profile compared to broad-based small-cap ETFs.
What is the expense ratio for EBIT?
The expense ratio for the Harbor AlphaEdge Small Cap Earners ETF (EBIT) is 0.29%. This means that for every $10,000 invested in the fund, $29 is used to cover the fund's operating expenses annually. While there isn't enough data to determine the category average, the may be worth researching expense ratio as one factor when evaluating the ETF's potential returns, as it directly impacts the net return received. Lower expense ratios are generally preferred, as they allow more of the fund's gains to be passed on to investors.
What are the top holdings in EBIT?
As of 2026-03-15, the top holdings in the Harbor AlphaEdge Small Cap Earners ETF (EBIT) are: Navient Corp (NAVI) at 1.39%, StoneX Group Inc (SNEX) at 0.98%, John Wiley & Sons Inc Class A (WLY) at 0.85%, Diebold Nixdorf Inc Ordinary Shares- New (DBD) at 0.83%, and CNX Resources Corp (CNX) at 0.79%. These holdings represent a relatively small portion of the overall portfolio, as EBIT holds 659 different stocks. This diversification helps to mitigate the impact of any single stock's performance on the fund's overall return.
Is EBIT a good long-term investment?
Whether EBIT is a suitable long-term investment depends on an individual's investment goals, risk tolerance, and time horizon. EBIT focuses on small-cap companies with positive earnings, which may offer potential for growth but also carries inherent risks associated with smaller companies. The ETF's expense ratio of 0.29% should be factored into long-term return expectations. Investors should carefully consider EBIT's investment strategy, sector allocations, and historical performance (if available) in the context of their overall portfolio before making a decision. Past performance does not guarantee future results.
How does EBIT compare to similar ETFs?
EBIT differentiates itself through its focus on profitable small-cap companies. While many small-cap ETFs track broad market indexes, EBIT screens for companies with positive earnings, potentially offering a quality tilt. With AUM of $0.01B, it is smaller than some of the more established small-cap ETFs. Its expense ratio of 0.29% may be competitive with other actively managed or factor-based small-cap ETFs, but potentially higher than passively managed broad market ETFs. Investors should compare EBIT's performance, risk metrics, and holdings to those of other small-cap ETFs to determine which best aligns with their investment objectives.
Does EBIT pay dividends?
According to the latest data, the Harbor AlphaEdge Small Cap Earners ETF (EBIT) has a dividend yield of 0.00%. This indicates that the fund is not currently distributing any dividends to its shareholders. Investors seeking income from their investments may want to consider other ETFs with a higher dividend yield. However, it's important to note that dividend yields can fluctuate over time and are not guaranteed.