ETF Evaluator:
Harbor Transformative Technologies ETF ()
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(as of Aug 21)
Best Performing in Technology Over the Last Year
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ETF Details
Harbor Transformative Technologies ETF Overview
Harbor Transformative Technologies ETF (TEC) is an actively managed Sector Equity Technology exchange-traded fund (ETF). Harbor Capital Advisors Inc launched the ETF in 2025.
The investment seeks long-term growth of capital.
Under normal circumstances, the fund invests at least 80% of its net assets, plus borrowings for investment purposes, in securities of “transformative technology” companies. Transformative technology companies are companies operating in any sector that the Subadvisor believes to have growth potential tied to transformative technologies. The fund is non-diversified.
About Harbor Transformative Technologies ETF (TEC)
There are 3 members of the management team with an average tenure of 1.29 years: Eric Sartorius (2025), Jason McManus (2025) and Nicolas Rubinstein (2025). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 2 primary benchmarks: S&P 500 (TR) (1970) index with a weighting of 100% and NASDAQ 100 TR USD index with a weighting of 100%. Harbor Transformative Technologies ETF has 45 securities in its portfolio. The top 10 holdings constitute 52.9% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
Harbor Transformative Technologies ETF is part of the Equity global asset class and is within the Sector Equity ETF group. Harbor Transformative Technologies ETF has 8.8% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 88.3% There is 8.8% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Harbor Transformative Technologies ETF has 2.9% of the portfolio in cash.
Assets Under Management
The fund has $6 million in total assets, which is below the $3 billion average for the Technology category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
TEC Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Harbor Transformative Technologies ETF expense ratio is above average compared to funds in the Technology category. Harbor Transformative Technologies ETF has an expense ratio of 0.69%, which is 28% higher than its category average, making the fund expense ratio grade a D. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Harbor Transformative Technologies ETF has a portfolio turnover rate of 13%, which indicates that it holds its assets around / 0.1 years. By way of comparison, the average portfolio turnover is 39% for the Technology category.
Recently, in the month of July 2026, Harbor Transformative Technologies ETF returned -5.3%, which earned it a grade of B, as the Technology category had an average return of -9.8%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
Harbor Transformative Technologies ETF has a trailing yield of 0.00%, which is below the 0.45% category average.
The fund normally distributes its income annually and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Harbor Transformative Technologies ETF Grades
Year to date, the ETF has returned 12.7%, 8.6 percentage points worse than the category, which translates into a grade of D. The fund has returned 23.7% over the past year (grade of D).
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TEC Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| TEC Return (NAV) | -5.3% | 5.8% | 23.7% | na | na | na |
| TEC Return (Price) | -5.2% | 7.2% | 24.0% | na | na | na |
| NAV +/- Price Return | -0.134% | -1.345% | -0.351% | na | na | na |
| Technology Avg | -9.8% | 7.3% | 33.6% | 22.3% | 10.5% | 19.0% |
| TEC Grade (NAV) | B | C | D | na | na | na |
| +/- Category (NAV) | 4.5% | -1.5% | -9.9% | na | na | na |
| TEC Tax-Cost Ratio | na | na | 0.0% | na | na | na |
TEC Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| TEC Return (NAV) | 12.7% | na | na | na | na | na | na | na | na | na | na |
| TEC Return (Price) | 11.6% | na | na | na | na | na | na | na | na | na | na |
| NAV +/- Price Ret | -0.088% | na | na | na | na | na | na | na | na | na | na |
| Technology Avg | 21.3% | 23.2% | 19.9% | 43.8% | -35.8% | 16.7% | 53.3% | 37.8% | -3.2% | 33.7% | 15.0% |
| TEC Grade (NAV) | D | na | na | na | na | na | na | na | na | na | na |
| +/- Category | -8.6% | na | na | na | na | na | na | na | na | na | na |
| Risk Measures | |
| Beta: | na |
| R-Squared: | na |
| Standard Deviation: | na |
| Category Risk Index: | na |
| Category Risk Rating: | |
| Total Risk Index: | na |
| Total Risk Rating: | |
| Portfolio Characteristics | |
| Yield: | 0.0% |
| Total Assets: | $ 6 Mil |
| Share Class Assets: | $ 6 Mil |
| Turnover: | 13.0% |
| Expense Ratio: | 0.69% |
| Index Fund: | No |
| Index Tracked: | S&P 500 (TR) (1970) |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Annually |
Management Team
| Number of Managers: 3 | |||
| Longest Tenure: 1.3 years | |||
| Average Tenure: 1.3 years | |||
| Managers (Year): Sartorius Eric (2025), McManus Jason (2025), Rubinstein Nicolas (2025) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 45 |
| % in Top 10 Holdings: | 52.9% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 8.8% |
Portfolio Allocation |
|
| Domestic Stock: | 88.3% |
| Foreign Stock: | 8.8% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 2.9% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | Harbor Capital Advisors Inc |
| Phone Number: | 800-422-1050 |
| Website: | |
| Inception Date: | April 16, 2025 |
Expenses and Fees
| Expense Ratio (%): | 0.69% (Rating: Above Avg) |
| Category Average Expense Ratio (%): | 0.54% |
