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LSEQ vs SMLF

Harbor Long-Short Equity ETF vs iShares U.S. Small-Cap Equity Factor ETF

LSEQ

Harbor Long-Short Equity ETF

Harbor Capital Advisors Inc

Annual cost

2.28%

Fund size

$15M

SMLF

iShares U.S. Small-Cap Equity Factor ETF

iShares

Annual cost

0.15%

Fund size

$3.6B

Key differences

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

Side-by-side comparison

LSEQSMLF
Annual cost (TER)2.28%0.15%
Fund size (AUM)$15M$3.6B
Since20232015
Dividend yield1.78%1.07%
Asset classalternativeequity
Regionnorth americanorth america
Strategylong shortindex tracking
CAGR 1Y+21.9%+33.9%
CAGR 3YN/A+20.8%
CAGR 5YN/A+11.4%
Sharpe 3YN/A0.87
Volatility 1Y14.93%17.37%
Max drawdown-8.35%-41.89%

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

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