EFFI: HARBOR OSMOSIS INTERNATIONAL RESOURCE EFFICIENT ETF
ETF Education Report: HARBOR OSMOSIS INTERNATIONAL RESOURCE EFFICIENT ETF (EFFI)
What this ETF is trying to do
The HARBOR OSMOSIS INTERNATIONAL RESOURCE EFFICIENT ETF (ticker: EFFI) is an exchange-traded fund listed on the NYSE. While the specific investment goal isn't detailed in the data, it holds a variety of international companies. This list of Top Holdings is partial and includes companies like Sonova Holding AG, Recruit Holdings Co Ltd, Toyota Tsusho Corp, and L'Oreal SA. Please note that holdings can change over time.
What the numbers show
When looking at an ETF, it is important to understand two different types of returns: price return and total return.
• Price Return: This measures only the change in the share price. For EFFI, the one-year price return was approximately 7.61%. The year-to-date (YTD) price return was approximately 7.62%.
• Total Return: This includes the share price change plus any distributions (cash payments) made to investors. The one-year total return for EFFI was approximately 12.32%. The YTD total return was approximately 7.62%.
To visualize the price change, we can look at an estimated price from roughly one year ago, which was $24.17, compared to the current price of $26.01.
Income and distribution explanation
Some investors look for ETFs that pay out cash, known as distributions. EFFI has a distribution yield of approximately 4.03%. This number describes the cash distributions relative to the ETF's price. It is important to remember that a high yield does not mean an investor earned that same percentage as their total return. For EFFI, the distributions are described as "irregular" or "less frequent," with one payout recorded in the last 12 months.
NAV erosion explanation
"NAV erosion" refers to a situation where the value of the underlying assets in the fund decreases significantly. It is important not to confuse a falling share price with NAV erosion. In this case, the ETF has an erosion score of 100, which is labeled as "No price erosion detected." The erosion severity is rated as "good," and there is no severe erosion-risk flag present.
Pros
• The ETF shows a positive one-year total return of approximately 12.32%.
• The data indicates no detected price erosion.
Cons
• Distributions are irregular and occur less frequently.
• The income rating grade is a "C."
Beginner takeaway
When studying EFFI, notice the difference between the share price movement (price return) and the overall gain including cash payments (total return). While the ETF provides a distribution yield, high yields alone can be misleading, and investors should look at total return to see the full picture. Always remember that distributions provide cash income but do not guarantee that the share price will stay the same.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | SONOVA HOLDING AG | n/a | 3.79% |
| 2 | RECRUIT HOLDINGS CO LTD | n/a | 3.66% |
| 3 | TOYOTA TSUSHO CORP | n/a | 3.53% |
| 4 | L'OREAL SA | n/a | 3.51% |
| 5 | OBIC CO LTD | n/a | 3.51% |
| 6 | KEYENCE CORP | n/a | 3.44% |
| 7 | GLENCORE PLC | n/a | 3.32% |
| 8 | MERCEDES-BENZ GROUP AG | MBG:XETR | 3.16% |
| 9 | DENSO CORP | n/a | 3.12% |
| 10 | LUNDIN GOLD INC | LUGDF | 3.04% |