Harbor AlphaEdge Large Cap Value ETF (VLLU)
ARCA ARCA Primary 
Harbor AlphaEdge Large Cap Value ETF Q4 2025 Commentary
During Q4, the Harbor AlphaEdge Large Cap Value ETF returned 4.63% (NAV), slightly underperforming the Harbor AlphaEdge Large Cap Value Index, which returned 4.64%, and outperforming its benchmark, the Russell 1000® Value Index, which returned 3.81%. The ETF outperformed the benchmark, as positive stock selection within the Financials sector supported overall returns. The ETF's above-benchmark weighting and choice of holdings in the Consumer Staples sector proved disappointing during the quarter.
Harbor AlphaEdge Large Cap Value ETF Q2 2025 Commentary
The Harbor AlphaEdge Large Cap Value ETF employs an indexing investment approach designed to track the performance of the Harbor AlphaEdge Large Cap Value Index. During the second quarter, the Harbor AlphaEdge Large Cap Value ETF (“ETF”) returned 5.49% (NAV), slightly underperforming the Harbor AlphaEdge Large Cap Value Index, which returned 5.59%, and outperforming its benchmark, the Russell 1000® Value Index (“Index”), which returned 3.79%. We maintain a positive view on global equities and continue to see gold as a good diversifier within multi-asset portfolios.
