LSEQ Harbor Long-Short Equity ETF

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$35.03
+3.0% · 1 day, price
IQ’s readingComputed nightly from ETFIQ data. Not written live.

Over the year to Nov 4, 2026, LSEQ returned 26.5%. When the S&P 500 fell, it fell 25% as much.

Long-short equity fund: owns stocks and sells others short, so part of its exposure to the stock market cancels outHarbor ↗Expense ratio 2.28%Fund assets $17m on Nov 3, 2026First traded Dec 4, 2023Benchmark IWBFund page at the issuer ↗SEC filings ↗Every Harbor fund ETFIQ coversDividend history

Promise check: Not measuredIts strategy, long-short equity, states no objective ETFIQ can measure.

LSEQ risk and return scorecard

vs IWB, its stated benchmark (secondary) · Dec 2023 to Oct 2026 · 150 weekly returns · dividend-adjusted

Short history · 34 months
LSEQ +48.9%, IWB +64.3%, Dec 2023 to Oct 2026, distributions reinvested.

Secondary: IWB tracks the Russell 1000 Index, named in its prospectus. Its own benchmark is its holdings, which have no weekly prices.

Return
MeasureLSEQIWBEdge
Total return+48.9%+64.3%IWB
Annualized+14.8%+18.8%IWB
Price return+45.7%+58.9%IWB
Risk
MeasureLSEQIWBEdge
Volatility13.9%14.0%Tie
Max drawdown−8.2%−17.2%LSEQ
Upside capture25.2%100.0%IWB
Downside capture9.1%100.0%LSEQ
Risk-adjusted
MeasureLSEQIWBEdge
Sharpe ratio0.750.98IWB
Sortino ratio1.101.51IWB
Alpha vs IWB
MeasureLSEQIWBEdge
Alpha, a year+7.6%Not significant
Alpha t-stat0.93
Beta to IWB0.201.00Lower beta

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records; risk-free rate: U.S. Treasury, Daily Treasury Bill Rates, 13-week coupon equivalent Method · Data

Money in and out

Net fund flows · Nov 3, 2026
Latest day
$0
Last 3 trading days
$0
12 months to Jul 31, 2026
−$7.4m
In on 1 day, out on 0. 48 days missing.

What you earned

LSEQ +2.6%: total return over one month to Nov 4, 2026.
LSEQ+2.6%
LSEQ +8.0%: total return over three months to Nov 4, 2026.
LSEQ+8.0%
LSEQ +1.2%: total return over six months to Nov 4, 2026.
LSEQ+1.2%
LSEQ +27.0%: total return over the year to Nov 4, 2026.
LSEQ+27.0%
LSEQ +26.5%: total return over one year to Nov 4, 2026.
LSEQ+26.5%
LSEQ +47.4%: total return since launch to Nov 4, 2026.
LSEQ+47.4%

How concentrated, and what does it cost?

+0.18
Correlation with the S&P 500
+0.24
Beta to the S&P 500
24.8%
Down-week capture
+20.8 pts
Against T-bills, 52 weeks
2.1%
12-month yield, capital gains included, on its starting price
$0.6071
Last payment, ex-date Dec 19, 2025
Sector mix
Cost against like funds

More on LSEQ

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Price, 1 year

$35.03+3.0%1 day, priceClose, Nov 4, 2026

Price only. Total return over the same days, distributions reinvested, was +26.5%. Computed by ETFIQ from Tiingo daily prices.

Source: Tiingo end-of-day prices. Data as of Nov 4, 2026. Updated every trading night. Report a data error

LSEQ returns by window: total return, cash paid and price change
WindowTotal returnS&P 500 (SPY)
1M Oct 5 – Nov 4, 2026+2.6%−1.0%
3M Aug 5 – Nov 4, 2026+8.0%−0.1%
6M May 6 – Nov 4, 2026+1.2%+5.0%
YTD Dec 31, 2025 – Nov 4, 2026+27.0%+13.3%
1Y Nov 4, 2025 – Nov 4, 2026+26.5%+14.8%
Since launch Dec 4, 2023 – Nov 4, 2026+47.4%+74.1%
Since launch, annualised Dec 4, 2023 – Nov 4, 2026+14.2%–

Total returns, distributions reinvested. Listed Dec 2023: no 3 years windows.

Source: Tiingo end-of-day prices, with distributions reinvested.

Fell 25% as much as the S&P 500
Fell 25% as much as the S&P 500LSEQ in the 26 weeks SPY fell, year to Nov 4, 2026: SPY averaged −1.07%, LSEQ −0.27%.SPY−1.07%LSEQ−0.27%Average week when SPY fell: 26 of 52, year to Nov 4, 2026Fell 25% as much as the S&P 500LSEQ in the 26 weeks SPY fell, year to Nov 4, 2026: SPY averaged −1.07%, LSEQ −0.27%.SPY−1.07%LSEQ−0.27%Average week when SPY fell

LSEQ in the 26 weeks SPY fell, year to Nov 4, 2026: SPY averaged −1.07%, LSEQ −0.27%.

Money in and out

Daily data · as of Nov 3, 2026

LSEQ: in the 22 trading days to Nov 3, 2026, net $829k came in, from 17 counts.

1D
$0
Nov 2, 2026 to Nov 3, 2026
7D
$0
Oct 26, 2026 to Nov 3, 2026
3 of 5 trading days counted
12 months
−$7.4m
−37.9% of $19.4m on Jul 31, 2025
Aug 1, 2025 to Jul 31, 2026
monthly, from SEC filings
Dec 2023 to Jul 2026
+$6.5m
Dec 1, 2023 to Jul 31, 2026
monthly, from SEC filings
Net flow each trading day
Net flow into LSEQ each trading day, Aug 4, 2026 to Nov 3, 2026+$829kmonthly, from SEC filingsdaily, from Harbor+$829k−$829kAug 4, 2026Nov 3, 2026

LSEQ, net flow each trading day over the 65 sessions from Aug 4, 2026 to Nov 3, 2026: money came in on 1 day and went out on 0 days, of the 17 days with daily data; the other 48 have none. Before Oct 6, 2026 ETFIQ has the fund’s monthly data only, from SEC filings: that span is shaded and draws no bars, and its months are in the month by month list.

In on 1 day, out on 0. 48 days missing.

Net flow into LSEQ each trading day, Nov 4, 2025 to Nov 3, 2026+$829kmonthly, from SEC filingsdaily, from Harbor+$829k−$829kNov 4, 2025Nov 3, 2026

LSEQ, net flow each trading day over the 251 sessions from Nov 4, 2025 to Nov 3, 2026: money came in on 1 day and went out on 0 days, of the 17 days with daily data; the other 234 have none. Before Oct 6, 2026 ETFIQ has the fund’s monthly data only, from SEC filings: that span is shaded and draws no bars, and its months are in the month by month list.

In on 1 day, out on 0. 234 days missing.

Net flow into LSEQ each trading day, Apr 2, 2025 to Nov 3, 2026+$829kmonthly, from SEC filingsdaily, from Harbor+$829k−$829kApr 2, 2025Nov 3, 2026

LSEQ, net flow each trading day over the 400 sessions from Apr 2, 2025 to Nov 3, 2026: money came in on 1 day and went out on 0 days, of the 17 days with daily data; the other 383 have none. Before Oct 6, 2026 ETFIQ has the fund’s monthly data only, from SEC filings: that span is shaded and draws no bars, and its months are in the month by month list.

In on 1 day, out on 0. 383 days missing.

Money in, netMoney out, netMonthly basis

Daily data starts Oct 6, 2026.

How this is computed

Computed by ETFIQ from Harbor’s daily data: each day’s change in shares outstanding times the previous day’s net asset value. Numbers are net: money in less money out. Every day and month ETFIQ holds for LSEQ, back to Dec 2023, is in its flows file. Flows across every fund · How these flows are computed · Compare LSEQ with other funds in the flows tool

Every trading day, last 3 months17 days
Nov 3, 2026 $0 covers 2 trading days
Oct 30, 2026 $0 covers 2 trading days
Oct 28, 2026 $0 covers 3 trading days
Oct 23, 2026 $0
Oct 22, 2026 $0
Oct 21, 2026 $0
Oct 20, 2026 $0
Oct 19, 2026 $0
Oct 16, 2026 $0
Oct 15, 2026 $0
Oct 14, 2026 $0
Oct 13, 2026 $0
Oct 12, 2026 $0
Oct 9, 2026 $0
Oct 8, 2026 +$829k
Oct 7, 2026 $0
Oct 6, 2026 $0 covers 2 trading days

Most recent first.

Week by week, last year5 weeks
Nov 3, 2026 $0 1 day
Oct 30, 2026 $0 2 of 3 trading days
Oct 23, 2026 $0
Oct 16, 2026 $0
Oct 9, 2026 +$829k 4 days

Net flow into LSEQ each week, Oct 6, 2026 to Nov 3, 2026, most recent first, each week named by its last trading day with data. Computed by ETFIQ.

Month by month, money in and money outDec 2023 to Nov 2026

LSEQ, money in and money out each month from Dec 2023 to Oct 2026: two bars a month, money in above the line and money out below. Bars for Dec 2023 to Jul 2026 are from LSEQ’s SEC filings (N-PORT item B.6), and for Oct 2026 ETFIQ’s sums of its days. Aug 2026 to Sep 2026 have no data. Nov 2026 is still in progress, so it is in the list and not drawn. Of the 34 months listed, money came in on net in 12 and went out in 8.

Bars for Dec 2023 to Jul 2026 are from LSEQ’s SEC filings (N-PORT item B.6), and for Oct 2026 ETFIQ’s sums of its days. Of the 34 months listed, money came in on net in 12 and went out in 8.

MonthInOutNet
Nov 2026 ETFIQ, the sum of its days, Nov 3 to Nov 3$0$0$0
Oct 2026 ETFIQ, the sum of its days, Oct 6 to Oct 30, 16 of 19 trading days+$829k$0+$829k
Jul 2026 SEC Form N-PORT$0−$882k−$882k
Jun 2026 SEC Form N-PORT+$1.8m−$845k+$906k
May 2026 SEC Form N-PORT+$885k−$851k+$34k
Apr 2026 SEC Form N-PORT+$1.7m−$1.7m+$10k
Mar 2026 SEC Form N-PORT$0−$792k−$792k
Feb 2026 SEC Form N-PORT$0−$756k−$756k
Jan 2026 SEC Form N-PORT$0−$6.6m−$6.6m
Dec 2025 SEC Form N-PORT+$712k$0+$712k
Nov 2025 SEC Form N-PORT+$1.4m−$1.4m−$11k
Oct 2025 SEC Form N-PORT$0−$712k−$712k
Sep 2025 SEC Form N-PORT$0$0$0
Aug 2025 SEC Form N-PORT+$698k$0+$698k
Jul 2025 SEC Form N-PORT$0$0$0
Jun 2025 SEC Form N-PORT$0$0$0
May 2025 SEC Form N-PORT$0$0$0
Apr 2025 SEC Form N-PORT+$722k$0+$722k
Mar 2025 SEC Form N-PORT+$2.1m−$2.8m−$711k
Feb 2025 SEC Form N-PORT+$716k$0+$716k
Jan 2025 SEC Form N-PORT+$693k−$685k+$9k
Dec 2024 SEC Form N-PORT$0−$3.5m−$3.5m
Nov 2024 SEC Form N-PORT$0$0$0
Oct 2024 SEC Form N-PORT$0$0$0
Sep 2024 SEC Form N-PORT$0$0$0
Aug 2024 SEC Form N-PORT$0$0$0
Jul 2024 SEC Form N-PORT+$694k$0+$694k
Jun 2024 SEC Form N-PORT+$6.4m$0+$6.4m
May 2024 SEC Form N-PORT$0$0$0
Apr 2024 SEC Form N-PORT$0$0$0
Mar 2024 SEC Form N-PORT$0$0$0
Feb 2024 SEC Form N-PORT$0$0$0
Jan 2024 SEC Form N-PORT$0$0$0
Dec 2023 SEC Form N-PORT+$9.5m$0+$9.5m

Most recent first.

How this is computed

N-PORT months: money in is sales plus reinvestments; money out is redemptions. Months summed from daily data: money in adds the days money came in; money out adds the days it went out.

N-PORT months are the filed sales plus reinvestments less redemptions. Later months add up the daily data; the Source column names any missing day.

Source: ETFIQ, from the fund’s daily share counts and net asset values, and its SEC N-PORT filings. Data as of Nov 3, 2026. Last checked Nov 4, 2026.

LSEQ key stats

52-week high, daily closes to Nov 4, 2026 (ETFIQ)$36.02 on Jun 22, 2026
52-week low, daily closes to Nov 4, 2026 (ETFIQ)$27.58 on Dec 31, 2025
Close on Nov 4, 2026, within that range (ETFIQ)$35.03, 88% of the way from the low to the high
Range, beta and R-squared computed by ETFIQ from Tiingo daily prices.

Trading

as of Nov 3, 2026
Trading · LSEQas of Nov 3, 2026
·
Not scored2 of 6 measured · Nov 3, 2026
0 · Hard to tradeIQ Liquidity Score100 · Trades like a giant
Cost for your order · one way, half its 30-day median spread
$1,000$2.000.20%
$10,000$200.20%
Premium or discount to NAV, Nov 3 close+0.09%
−0.4%95% of days within ±0.29% · the 1% band is off this scale+0.4%
How to tradeLimit: midpoint + 7¢ to buy, midpoint − 7¢ to sell.At the Nov 3 close of $34.01, that’s $34.08 to buy and $33.94 to sell.
Full trading page: components, premium history, dealers →

LSEQ for holders outside the US

US tax withheld on dividends, no treaty30%
Treaty rates on dividends (IRS table, read Oct 30, 2026)65 countries, 10% to 30%
LSEQ interest-related and short-term gain dividendsnot read by ETFIQ
US estate tax filing threshold, non-resident holders$60,000
Share classDistributing

LSEQ is a US fund. Stock of US corporations counts as US property for a non-resident's estate. Facts from the IRS, not tax advice. How withholding and treaties work

About LSEQ

IssuerHarbor
Strategy (ETFIQ, from its prospectus)Long-short equity
Expense ratio (485BPOS XBRL, Feb 27, 2026)2.28%Report
Net assets (issuer page, as of Nov 3, 2026)$17mReport
Stated benchmark (secondary)Russell 1000 Index (from its prospectus), priced by IWB
LSEQ, 1 year to Nov 4, 2026 (secondary)+26.5%
IWB, the same days (secondary)+14.5%
Against its stated benchmark, 1 year (secondary)+12.0 pts
Daily R-squared against IWB, 1 year to Nov 4, 2026 (secondary)0.09
Weeks measured52, from Nov 5, 2025 to Nov 4, 2026
Weeks the S&P 500 fell26
The S&P 500 in those weeks, on average−1.07%
LSEQ in those weeks, on average−0.27%
LSEQ total return over those weeks+24.5%
T-bills (BIL) over the same weeks+3.7%
When stocks fellS&P 500 −4.9% in March 2026; LSEQ −2.6%
Weekly correlation with the S&P 500+0.18, 52 weeks to Nov 4, 2026
First tradedDec 4, 2023
Days traded733
Quotedon an exchange, every trading day
How we measure
Weekly closes from Tiingo with distributions reinvested, 52 weeks to the same date for the fund, SPY and BIL. ETFIQ calculation. Method
IQ Investment Committee on LSEQ

12 seats on LSEQ, as of Nov 4, 2026: 1 Mixed, 2 Challenges, 8 Not enough data, 1 Does not apply.

In the tradition ofJohn BogleBogle-style Low CostChallenges
In the tradition ofBenjamin GrahamGraham-style Margin of SafetyNot enough data
In the tradition ofWarren Buffett & Charlie MungerBuffett & Munger-style QualityNot enough data
In the tradition ofPeter LynchLynch-style Growth at a Reasonable PriceNot enough data
In the tradition ofJohn TempletonTempleton-style Global ContrarianNot enough data
In the tradition ofRay DalioDalio-style All-WeatherNot enough data
In the tradition ofHoward MarksMarks-style Cycles & RiskNot enough data
In the tradition ofStanley DruckenmillerDruckenmiller-style Macro & LiquidityDoes not apply
In the tradition ofDavid SwensenSwensen-style DiversificationChallenges
In the tradition ofCathie WoodWood-style Disruptive InnovationNot enough data
In the tradition ofJesse LivermoreLivermore-style Trend FollowingMixed
Uses ETFIQ’s measuresThe ETFIQ SkepticETFIQ’s own seatNot enough data
Put LSEQ to the committee →See all seats →No investor named is affiliated with or endorses ETFIQ. Not investment advice.

Questions people ask about LSEQ

Does LSEQ move with the S&P 500?
Over the year to Nov 4, 2026, LSEQ’s weekly returns had a correlation of +0.18 with the S&P 500’s, on a scale where 1 moves in step, 0 shows no pattern and −1 moves opposite. Its beta was +0.24, so for each 1% the index moved it moved about 0.24% the same way.
What did LSEQ do when stocks fell?
The S&P 500 fell in 26 of the 52 weeks to Nov 4, 2026, by 1.07% on average. In those weeks LSEQ fell 0.27% on average, a down-week capture of 24.8%.
Did LSEQ earn more than cash?
Over the same 52 weeks LSEQ returned +24.5% with distributions reinvested, and BIL, a fund of Treasury bills, returned +3.7%. LSEQ finished 20.8 percentage points ahead of it.
What does LSEQ cost?
The prospectus expense ratio is 2.28% a year.
Why is LSEQ listed as long-short equity?
ETFIQ files each fund by what its own prospectus says it does, and LSEQ’s, filed Feb 27, 2026, describes a long-short equity fund.
Sources and dates

Links are sources, not endorsements.

Cite this pageCitation, APA and Markdown

ETFIQ, LSEQ, alternatives ETFs, data as of Nov 4, 2026. https://etfiq.com/funds/lseq

The down-week bars for LSEQ, redrawn every trading night.

Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at Open data.

Correlation
How closely the fund’s weekly returns moved with the S&P 500’s over the last year, from −1 to 1. At 1 the two rise and fall together, at 0 there is no pattern, and below 0 the fund tended to move the other way.
Beta
How far the fund moved, on average, for each 1% move in the S&P 500 over the same weeks. At 0.3 it moved about 0.3% the same way; below 0 it moved the other way.
Down week
A week in which the S&P 500 fell, measured through SPY with dividends reinvested. A week that ended exactly level is not a down week.
Down-week capture
The fund’s average return in the S&P 500’s down weeks as a share of the index’s own average in those weeks. At 100% it fell as much, at 50% half as much, and below zero it rose. It is weekly and covers one year, so it is not the same number as Morningstar’s downside capture.
Against T-bills
The fund’s total return minus a short Treasury bill fund’s (BIL) over the same year, in percentage points. A fund can steady a portfolio and still earn less than cash.
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LSEQ: LSEQ in the 26 weeks SPY fell, year to Nov 4, 2026: SPY averaged −1.07%, LSEQ −0.27%.
<figure style="margin:0;max-width:640px">
<iframe src="https://etfiq.com/embed/alternatives/lseq/" title="LSEQ: LSEQ in the 26 weeks SPY fell, year to Nov 4, 2026: SPY averaged −1.07%, LSEQ −0.27%." width="640" height="334" loading="lazy" style="border:0;max-width:100%;width:100%"></iframe>
<figcaption style="font:13px/1.5 sans-serif">LSEQ: LSEQ in the 26 weeks SPY fell, year to Nov 4, 2026: SPY averaged −1.07%, LSEQ −0.27%. Data: <a href="https://etfiq.com/funds/lseq">ETFIQ</a></figcaption>
</figure>

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Snapshot, Nov 4, 2026. More on the tabs above.