ETFdb Logo
ETFdb Logo
  • ETF Database
  • Channels
    • Active ETF
    • Alternatives
    • Beyond Basic Beta
    • China Insights
    • Climate Insights
    • Commodities
    • Core Strategies
    • Crypto
    • Disruptive Technology
    • Dividend
    • Dual Impact
    • Emerging Markets
    • Energy Infrastructure
    • ESG
    • ETF Building Blocks
    • ETF Education
    • ETF Strategist
    • Fixed Income
    • Free Cash Flow
    • Future ETFs
    • Global Diversification
    • Gold/Silver/Critical Minerals
    • Innovative ETFs
    • Institutional Income Strategies
    • Leveraged & Inverse
    • Managed Futures
    • Market Insights
    • Megatrends
    • Modern Alpha
    • Multi-Asset
    • Night Effect
    • Portfolio Strategies
    • Retirement Income
    • Richard Bernstein Advisors
    • Tax Efficient Income
    • Thematic Investing
    • Volatility Resource
  • Tools
    • ETF Screener
    • ETF Country Exposure Tool
    • ETF Sector Tracker Tool
    • ETF Database Categories
    • Head-To-Head ETF Comparison Tool
    • ETF Stock Exposure Tool
    • ETF Issuer Fund Flows
    • Indexes
    • Mutual Fund To ETF Converter
    • ETF Data for Journalists
    • ETF Nerds
  • Research
    • First Bitcoin ETF
    • ETF Education
    • Equity Investing
    • Dividend ETFs
    • Leveraged ETFs
    • Inverse ETFs
    • Index Education
    • Index Insights
    • Top ETF Sectors
    • Top ETF Issuers
    • Top ETF Industries
  • Webcasts
  • Themes
    • AI ETFs
    • Blockchain ETFs
    • See all Thematic Investing ETF themes
    • ESG Investing
    • Marijuana ETFs
  • Multimedia
    • ETF 360 Video Series
    • ETF Trends on Videos
    • ETF Trends on Podcasts
    • ETF Prime Podcast
  • Company
    • About Us
    • Swag Store
  • PRO
    • Pro Content
    • Pro Tools
    • Advanced
    • FAQ
    • Pricing
    • Free Sign Up
    • Login
  1. Market Insights Channel
  2. This November, OSEA Outpaced Benchmark by 377 Basis Points
Market Insights Channel
Share

This November, OSEA Outpaced Benchmark by 377 Basis Points

Elle CarusoDec 15, 2022
2022-12-15

International equities surged in November, propelled by the prospect of a slowing pace of U.S. interest-rate hikes and the weakening of the U.S. dollar.

Optimism from the latest inflation report excited markets, brightening the outlook for global stocks. Global equities, as measured by the S&P Global BMI, advanced for the second month in a row and ended November up 7.7%. This solid performance was broadly supported, as 44 out of 49 markets advanced during the month, according to S&P Dow Jones Indices.

During the month, the Harbor International Compounders ETF (OSEA) outperformed its benchmark, the MSCI All Country World Ex. US Index, by 377 basis points. Since the fund’s inception on September 7 OSEA has returned 14.22% compared to the benchmark’s gain of 8.38%, each on a total-return basis, according to YCharts. The figures are looking at the total return level (using closing price of the security that has been adjusted to include price appreciation, dividend, distribution, and the expense ratio).

OSEA Outpaces Benchmark

OSEA is an active, transparent ETF focused on international companies with expected sustainable earnings growth to help drive compounded long-term wealth creation. The fund is a compelling offering as the Foreign Large Growth component of any well-diversified portfolio. The fund’s distinctive high-conviction portfolio and benchmark agnostic approach can provide advisors with the greater versatility needed given the volatility in today’s markets versus more broadly diversified funds that either track the index or take more conservative bets, according to Harbor.

OSEA seeks long-term growth of capital and invests primarily in equity securities of non-U.S. companies, including those located in emerging market countries. The active fund is sub-advised by C WorldWide Asset Management.

The C WorldWide investment team seeks to identify what they believe to be high-quality companies with consistent recurring revenues, stable free cash flows, and sustainable returns on invested capital. In seeking to identify those companies for the fund’s portfolio, the investment team conducts qualitative as Global Broad Market Index assessments of companies, including, among other criteria, each company’s business model, management, and financial and valuation metrics.

For more news, information, and analysis, visit the Market Insights Channel.


Content continues below advertisement

Investors should carefully consider the investment objectives, risks, charges and expenses of a Harbor fund before investing. To obtain a summary prospectus or prospectus for this and other information, visit harborcapital.com or call 800-422-1050. Read it carefully before investing.

All investments involve risk including the possible loss of principal. Please refer to the Fund’s prospectus for additional risks associated with the Fund. For the Fund’s prospectus and most current performance, please click OSEA

Performance data shown represents past performance and is no guarantee of future results. Past performance is net of management fees and expenses and reflects reinvested dividends and distributions. Past performance reflects the beneficial effect of any expense waivers or reimbursements, without which returns would have been lower. Investment returns and principal value will fluctuate and when redeemed may be worth more or less than their original cost. Returns for periods less than one year are not annualized. Current performance may be higher or lower and is available through the most recent month end at harborcapital.com or by calling 800-422-1050.

The S&P Global Broad Market Index (BMI) is a global stock index weighted by market capitalization that excludes U.S. companies

The MSCI All Country World Index (ND) is a free float-adjusted market capitalization weighted index that is designed to measure the equity market performance of developed and emerging markets. This unmanaged index does not reflect fees and expenses and is not available for direct investment.
 
A basis point is one hundredth of 1 percentage point.

Free cash flow represents the cash a company can generate after accounting for capital expenditures needed to maintain or maximize its asset base.

C Worldwide is a third-party subadvisor to the Harbor International Compounders ETF.

Foreside Fund Services, LLC is the Distributor of the Harbor ETFs.

2663042

Loading Articles...
Help & Info
  • Contact Us
Tools
  • ETF Screener
  • ETF Analyzer
  • Mutual Fund to ETF Converter
  • Head-To-Head ETF Comparison
  • ETF Country Exposure Tool
  • ETF Stock Exposure Tool
  • ETF Performance Visualizer
  • ETF Database Model Portfolios
  • ETF Database Realtime Ratings
  • ETF Database Pro
More Tools
  • ETF Launch Center
  • Financial Advisor & RIA Center
  • ETF Database RSS Feed
Explore ETFs
  • ETF News
  • ETF Picks of the Month
  • ETF Category Reports
  • Premium Articles
  • Alphabetical Listing of ETFs
  • Best ETFs
  • Browse ETFs by ETF Database Category
  • Browse ETFs by Index
  • Browse ETFs by Issuer
  • Compare ETFs
Legal
  • Terms of Use and Privacy Policy
  • © 2023 VettaFi LLC. All rights reserved.
Follow ETF Database
Follow ETF Database

Advertisement

Is Your Portfolio Positioned With Enough Global Exposure?

ETF Education Channel

How to Allocate Commodities in Portfolios

Tom LydonApr 26, 2022
2022-04-26

A long-running debate in asset allocation circles is how much of a portfolio an investor should...

Core Strategies Channel

Why ETFs Experience Limit Up/Down Protections

Karrie GordonMay 13, 2022
2022-05-13

In a digital age where information moves in milliseconds and millions of participants can transact...

}
X