Harbor Dividend Growth Leaders ETF Q4 2025 Commentary

Harbor Capital Advisors61 FollowersFollow5ShareSavePlay(13min)CommentsSummaryThe Harbor Dividend Growth Leaders ETF returned 3.47% ('NAV') during the fourth quarter, outperforming the NASDAQ US Dividend Achievers Select Total Return Index and the S&P 500 Index.Equity markets posted modest gains in the fourth quarter of 2025, capping a year marked by robust earnings and a growing divergence between headline indexes and underlying market breadth.The relative outperformance of the ETF was primarily driven by positive stock selection, but the Fund also benefited from a common factor tailwind during the quarter.We have become more constructive on the Energy sector, given oil prices, valuations, and sentiment, and added exposure to the sector during the quarter.With 2026 underway, the market appears poised for a shift toward broader participation and more fundamental drivers of return. Funtap/iStock via Getty Images With 2026 underway, the market appears poised for a shift toward broader participation and more fundamental drivers of return. - Westfield Capital Management Company, L.P. Market in Review Equity markets posted modest gains in theThis article was written byHarbor Capital Advisors61 FollowersFollowHarbor Capital is an asset manager focused on curating an intentionally select suite of active ETFs that they believe have the potential to produce compelling, risk-adjusted returns within a portfolio. Note: This account is not managed or monitored by Harbor Capital, and any messages sent via Seeking Alpha will not receive a response. For inquiries or communication, please use Harbor Capital's official channels.