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LSEQ vs IWB

Harbor Long-Short Equity ETF vs iShares Russell 1000 ETF

LSEQ

Harbor Long-Short Equity ETF

Harbor Capital Advisors Inc

Annual cost

2.28%

Fund size

$15M

IWB

iShares Russell 1000 ETF

iShares

Annual cost

0.15%

Fund size

$46.2B

Key differences

  • IWB costs 2.13% less per year.
  • IWB is significantly larger than LSEQ — larger funds tend to be more liquid and less likely to close.
  • LSEQ is classified as alternative, while IWB is equity — different risk/return profiles.
  • LSEQ follows a long short strategy; IWB uses index tracking.
  • IWB has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

LSEQIWB
Annual cost (TER)2.28%0.15%
Fund size (AUM)$15M$46.2B
Since20232000
Dividend yield1.78%0.96%
Asset classalternativeequity
Regionnorth americanorth america
Strategylong shortindex tracking
CAGR 1Y+19.7%+28.3%
CAGR 3YN/A+22.8%
CAGR 5YN/A+13.1%
Sharpe 3YN/A1.21
Volatility 1Y14.96%12.07%
Max drawdown-8.35%-34.60%

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

Similar to LSEQ and IWB