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LSEQ vs IVV

Harbor Long-Short Equity ETF vs iShares Core S&P 500 ETF

LSEQ

Harbor Long-Short Equity ETF

Harbor Capital Advisors Inc

Annual cost

2.28%

Fund size

$15M

IVV

iShares Core S&P 500 ETF

iShares

Annual cost

0.03%

Fund size

$797.5B

Key differences

  • IVV costs 2.25% less per year.
  • IVV is significantly larger than LSEQ — larger funds tend to be more liquid and less likely to close.
  • LSEQ is classified as alternative, while IVV is equity — different risk/return profiles.
  • LSEQ follows a long short strategy; IVV uses index tracking.
  • IVV has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

LSEQIVV
Annual cost (TER)2.28%0.03%
Fund size (AUM)$15M$797.5B
Since20232000
Dividend yield1.78%1.12%
Asset classalternativeequity
Regionnorth americanorth america
Strategylong shortindex tracking
CAGR 1Y+19.7%+29.5%
CAGR 3YN/A+23.2%
CAGR 5YN/A+14.0%
Sharpe 3YN/A1.25
Volatility 1Y14.96%11.96%
Max drawdown-8.35%-33.90%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to LSEQ and IVV