Harbor Panagora Dynamic Large Cap Core ETF Q3 2025 Commentary

Harbor Capital Advisors 50 Follower s Follow 5 Share Save Play ( 13min ) Comments Summary During the third quarter of 2025, the ETF returned 8.76% (NAV), outperforming its benchmark, the S&P 500 Index, which returned 8.12%. The ETF's outperformance was driven by the strong performance of the dynamic contextual alpha model, especially the bottom-ranked alpha quintiles. At the end of the quarter, the largest sector overweight was in Financials, and the largest sector underweight was in Consumer Discretionary. As we enter the final quarter of 2025, our market outlook is more constructive yet increasingly selective compared to the start of the year. phongphan5922/iStock via Getty Images The macroeconomic backdrop has shifted meaningfully, with inflation showing signs of moderation, the Fed beginning to ease policy, and global growth remaining resilient. - Pan Agora Asset Management Market in Review The third quarter of This article was written by Harbor Capital Advisors 50 Follower s Follow Harbor 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.

Preview: ~217 words