Summary
Harbor Active Small Cap ETF (SMLL) is an ETF - a fund traded on an exchange like a stock - run by Harbor. Positions inside: 50. The ten largest make up 38% of the fund.
- Yearly costs
- 0.80%
- Fund size
- $12.6M
- Positions
- 50
- Dividend yield
- 2.18%
- Running since
- 2024
What speaks for it
Nothing stands out in its favour.
What to watch
- 97% of the fund is in one country (United States).
- Costs of 0.80% a year are above the middle of comparable funds (0.44%).
- A young fund: it has been running only since 2024.
- A small fund with $12.6M under management; small funds get closed more often.
- It trades little: only about $38.6K changes hands a day.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- +6.8%
- 3 months
- +2.6%
- This year
- +8.9%
- 1 year
- +1.2%
- Avg. market cap
- $7.39B
- P/E
- 19.6x
- Forward P/E
- 15.5x
- P/S
- 1.9x
- P/B
- 2.6x
- P/FCF
- 12.4x
- EV/EBITDA
- 12.2x
- Dividend yield
- 1.48%
- ROIC
- 31.3%
- ROE
- 17.2%
- Gross margin
- 44.0%
- Operating margin
- 16.6%
- Net margin
- 11.8%
- Payout ratio
- 29.0%
- Net debt/EBITDA
- 1.4x
- Beta
- 1.04
Weighted average of the 49 largest companies, which make up 96% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Moderately concentrated- 1 POPool Corp POOL 5.2%
- 2 MOMorningstar MORN 5.1%
- 3 PCPaylocity PCTY 4.2%
- 4 SSSS&C SSNC 3.7%
- 5 WTWintrust Financial Corporation WTFC 3.7%
- 6 DODoximity DOCS 3.6%
- 7 UBUnited Bankshares, Inc. UBSI 3.2%
- 8 FDFactSet Research Systems Inc. FDS 3.2%
- 9 PLDouglas Dynamics, Inc. PLOW 3.2%
- 10 RLRLJ Lodging Trust RLJ 2.9%
Positions in the fund: 50. The ten largest make up 38% of it.
Composition as of Oct 24, 2026.
Where is it spread?
One countryBy sector
- Industrials 27%
- Financials 22%
- Technology 18%
- Consumer cyclical 9.3%
- Healthcare 7.9%
- Other 17%
By country
- United States 97%
- Other countries 2.5%
By company size
- Large cap 24%
- Mid cap 62%
- Small cap 15%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M.
Largest sector: Industrials (27%). Largest country: United States (97%). Largest size group: Mid cap (62%).
What does it cost me?
Expensive- A year from $10,000
- $80.00
- Over 20 years
- $3,763
From every $10,000 invested the fund takes $80.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $3,763.
How has it done?
Growing slowly- Over the last year
- +1.2%
- Deepest drop
- -24%
- Yearly volatility
- 17%
Growth over the last year: 1.2%. Deepest drop in these years: 24% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 2.18%
- Last payment
- $0.47
Over the last 12 months it paid $0.47 per share, which is 2.18% of today's price. The last payment was $0.47 on Dec 19, 2025.
Is it easy to buy and sell?
It trades little- Traded a day
- $38.6K
- Shares a day
- 1.8K
On an average day about $38.6K of the fund changes hands.
How expensive are the companies inside?
Usual valuation- P/E of the companies inside
- 19.6
- Average Bulios Score
- 65 out of 100
Weight by Bulios Fair Price
- Undervalued 30%
- Fairly valued 6.5%
- Overvalued 64%
On average the companies inside trade for 19.6 times their yearly profit. By Fair Price, 64% of the rated weight comes out as overvalued.
Counted from its largest companies (49), which make up 96% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.