Harbor Active Small Cap ETF

SMLL

Market cap $21.7M

The Harbor Active Small Cap ETF provides small cap equity exposure with a narrowed focus on attractive risk-adjusted returns with downside mitigation. During the second quarter of 2025, SMLL ETF returned 3.35% (NAV), underperforming the Russell 2000® Index, which returned 8.50%. We will see what volatility/opportunities quarterly earnings may bring us, but we anticipate that we will be a bit less active, given all the recent activity and volatility.

U.S. economic data started to soften in February, and small-cap stocks began to come under pressure in mid-February. During the first quarter of 2025, the Harbor Active Small Cap ETF returned –5.43% (NAV), outperforming the Russell 2000® Index, which returned –9.48%. During the quarter, SS&C Technologies contributed to performance, as its share price was up 10.56%.

Wall Street was moderately upbeat last week.

On Thursday, Harbor Capital launched the Harbor Active Small Cap ETF (SMLL). “Small caps are top of mind for Harbor as we believe they have the potential to offer attractive returns over the coming cycle,” noted Kristof Gleich, president & CIO at Harbor Capital Advisors.

CHICAGO--(BUSINESS WIRE)--Harbor Capital Advisors, Inc. ("Harbor"), an asset manager that curates a suite of actively-managed ETFs, mutual funds, and collective investment trusts, has added the Harbor Active Small Cap ETF (Ticker: SMLL) to its growing lineup of ETF offerings. SMLL is an actively managed ETF that invests in a blend of growth and value small cap companies. It seeks to offer what we believe is a cost-effective, transparent, and tax-efficient way for advisors to access the small ca.