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Harbor Mid Cap Value ETF Q1 2026 Commentary
In the first quarter of 2026, the Harbor Mid Cap Value ETF returned 3.14% (NAV), underperforming its benchmark, the Russell Midcap® Value Index, which returned 3.68%. Sector positioning was the primary driver of relative underperformance, with an overweight to Financials and Consumer Discretionary and an underweight to Energy and Utilities all acting as headwinds. The portfolio maintained limited exposure to Oil & Gas companies, which gained nearly 37% during the quarter, as returns were largely driven by commodity price movements rather than fundamental improvements. seekingalpha.com - 2026-06-28 08:35:00 |