Harbor Osmosis Emerging Markets Resource Efficient ETF Q2 2026 Commentary

As the quarter progressed, strength broadened to companies in the Industrials and Materials sectors supporting data center expansion through power generation, electrification equipment, and raw materials. During the second quarter of 2026, the Harbor Osmosis Emerging Markets Resource Efficient ETF returned 22.66%. While stock-specific factors added to performance, common factors detracted significantly. The Fund has a +/- 1% active weight to GICS sectors. Global climate policy continued to diverge.

As the quarter progressed, strength broadened to companies in the Industrials and Materials sectors supporting data center expansion through power generation, electrification equipment, and raw materials.