Harbor AlphaEdge Small Cap Earners ETF (EBIT)

The Harbor AlphaEdge Small Cap Earners ETF (EBIT) is an exchange-traded fund from Harbor Capital Advisors. It tracks a rules-based index of U.S. small-cap stocks.

The strategy screens out small companies that are not profitable, focusing on businesses with positive earnings. Because a large share of the small-cap universe consists of companies that lose money, this filter is designed to produce a portfolio of higher-quality small caps than a standard market-weighted small-cap index.

Holdings are weighted using the index provider's rules and the index is reconstituted periodically to remove companies that no longer meet the profitability screen. The fund provides broad small-cap exposure across sectors with an emphasis on companies generating earnings.