What this ETF is trying to do

The Harbor Transformative Technologies ETF (TEC) focuses on companies involved in technology. Based on its top holdings, it invests in large tech firms and semiconductor companies. As of October 7, 2026, the fund holds a total of 45 different assets.

Top Holdings

The fund's portfolio is partial, meaning only the largest holdings are listed. The top 10 holdings include:

• Apple Inc: 8.01%

• Nvidia Corp: 6.82%

• Microsoft Corp: 5.92%

• Alphabet Inc Class A: 5.6%

• Advanced Micro Devices Inc: 5.15%

• Amazon.com Inc: 5.01%

• Lam Research Corp: 4.18%

• Broadcom Inc: 3.44%

• Micron Technology Inc: 3.39%

• Snowflake Inc: 3.38%

What the numbers show

As of October 5, 2026, the current price of one share is $35.83.

The price return measures how much the share price has moved. The year-to-date (YTD) price return is 27.01%, and the one-year price return is 27.81%. Because this ETF has not paid distributions, the total return (which includes both price changes and distributions) is the same as the price return.

To put this in perspective, if you had invested $10,000 in this ETF roughly one year ago at the estimated price of $28.03, your investment would be worth approximately $12,781 based on the one-year price return.

Income and distribution explanation

Some investors look for ETFs that pay regular cash payments, called distributions. However, this ETF has a distribution yield of 0% and no distributions were detected over the last 12 months. This means it does not currently provide cash income to shareholders.

NAV erosion explanation

"NAV erosion" happens when the underlying value of an ETF's assets declines over time. StockValueFinder uses an erosion-risk score to measure this.

This ETF has an erosion score of 100, and the label states "No price erosion detected." The erosion severity is rated as "good," and there is no severe erosion-risk flag.

Pros

• The ETF has shown strong price growth over the last year and year-to-date.

• There is no detected price erosion.

• It provides exposure to some of the largest companies in the technology sector.

Cons

• It does not provide any cash income or distributions.

• It is heavily concentrated in a few large technology companies.

Beginner takeaway

The Harbor Transformative Technologies ETF is designed for growth rather than income. While it has seen a significant increase in share price over the last year, it does not pay dividends. Investors should remember that a high return in the past does not guarantee future results.