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Harbor Active Small Cap ETF (SMLL)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

Issuer
Harbor
Inception Date
Aug 28, 2024
Region
North America (U.S.)
Leveraged
1x (No leverage)
Index Tracked
No Index (Active)
Domicile
United States
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Small-Cap
Asset Class Style
Blend

Share Price Chart


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Harbor Active Small Cap ETF

Performance

SMLL Performance Chart

Harbor Active Small Cap ETF (SMLL) is down 0.1% since the beginning of the year. SMLL is currently trading at $20 per share.


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S&P 500 Index

Returns By Period

Harbor Active Small Cap ETF (SMLL) has returned -0.07% so far this year and 7.37% over the past 12 months.


Harbor Active Small Cap ETF

1D
1.84%
1M
5.33%
YTD
-0.07%
6M
-1.00%
1Y
7.37%
3Y*
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
1.02%
1M
3.83%
YTD
0.60%
6M
3.48%
1Y
28.39%
3Y*
18.51%
5Y*
10.79%
10Y*
12.71%
*Multi-year figures are annualized to reflect compound growth (CAGR)

SMLL Monthly Returns History

Based on dividend-adjusted daily data since Aug 29, 2024, SMLL's average daily return is +0.02%, while the average monthly return is +0.29%. At this rate, an investment would double in approximately 19.9 years.

Historically, 48% of months were positive and 52% were negative. The best month was Nov 2024 with a return of +14.0%, while the worst month was Mar 2025 at -8.5%. The longest winning streak lasted 2 consecutive months, and the longest losing streak was 3 months.

On a daily basis, SMLL closed higher 48% of trading days. The best single day was Apr 9, 2025 with a return of +8.7%, while the worst single day was Apr 3, 2025 at -6.2%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20262.16%-1.19%-5.50%4.76%-0.07%
20255.26%-1.94%-8.50%-4.46%6.04%2.25%-0.02%4.05%-3.75%-1.96%-3.22%0.78%-6.31%
20240.45%3.24%-1.31%14.01%-5.08%10.75%

Benchmark Metrics

Harbor Active Small Cap ETF has an annualized alpha of -9.32%, beta of 0.99, and R² of 0.64 versus S&P 500 Index. Calculated based on daily prices since August 30, 2024.

  • This ETF participated in 146.36% of S&P 500 Index downside but only 79.18% of its upside — more exposed to losses than it benefited from rallies.
  • This ETF had an annualized alpha of -9.32% versus S&P 500 Index — delivering less than market exposure alone would predict.
  • With beta of 0.99 and R² of 0.64, this ETF moves broadly in line with S&P 500 Index — much of its variation is explained by market exposure rather than independent behavior.

Alpha
-9.32%
Beta
0.99
0.64
Upside Capture
79.18%
Downside Capture
146.36%

Expense Ratio

SMLL has an expense ratio of 0.80%, placing it in the medium range.


Return for Risk

Risk / Return Rank

SMLL ranks 11 for risk / return — in the bottom 11% of ETFs on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.


SMLL Risk / Return Rank: 1111
Overall Rank
SMLL Sharpe Ratio Rank: 1111
Sharpe Ratio Rank
SMLL Sortino Ratio Rank: 1111
Sortino Ratio Rank
SMLL Omega Ratio Rank: 1111
Omega Ratio Rank
SMLL Calmar Ratio Rank: 1010
Calmar Ratio Rank
SMLL Martin Ratio Rank: 1010
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Harbor Active Small Cap ETF (SMLL) and compare them to a chosen benchmark (S&P 500 Index).


SMLLBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

0.40

2.17

-1.77

Sortino ratio

Return per unit of downside risk

0.72

3.02

-2.30

Omega ratio

Gain probability vs. loss probability

1.08

1.41

-0.32

Calmar ratio

Return relative to maximum drawdown

0.29

2.88

-2.59

Martin ratio

Return relative to average drawdown

0.64

13.00

-12.36

Explore SMLL risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

Harbor Active Small Cap ETF provided a 2.37% dividend yield over the last twelve months, with an annual payout of $0.47 per share.


0.50%1.00%1.50%2.00%$0.00$0.10$0.20$0.30$0.40$0.5020242025
Dividends
Dividend Yield
PeriodTTM20252024
Dividend$0.47$0.47$0.11

Dividend yield

2.37%2.37%0.52%

Monthly Dividends

The table displays the monthly dividend distributions for Harbor Active Small Cap ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.00$0.00$0.00
2025$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.47$0.47
2024$0.11$0.11

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Harbor Active Small Cap ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Harbor Active Small Cap ETF was 23.56%, occurring on Apr 8, 2025. The portfolio has not yet recovered.

The current Harbor Active Small Cap ETF drawdown is 13.13%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-23.56%Feb 19, 202535Apr 8, 2025
-7.08%Dec 4, 202425Jan 10, 202511Jan 28, 202536
-4.51%Nov 12, 20244Nov 15, 20246Nov 25, 202410
-3.64%Sep 3, 20244Sep 6, 20245Sep 13, 20249
-3.61%Oct 17, 20249Oct 29, 20246Nov 6, 202415

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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