Harbor Osmosis Emerging Markets Resource… (EFFE) Performance
EFFE total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +9.1% since Dec 31, 2025
- 1 year
- +6.1% total return
- Since first price
- +30.2% since 2024
EFFE trailing returns vs SPY, QQQ, AGG
| Period | EFFE total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −10.1% | −10.1% | −1.0% | −5.0% | +0.9% |
| 3 months | −5.1% | −5.1% | +3.2% | +1.9% | −0.4% |
| 6 months | +0.2% | +0.2% | +7.8% | +8.4% | −1.5% |
| YTD | +9.1% | +9.1% | +12.3% | +15.1% | −1.0% |
| 1 year | +6.1% | +3.1% | +14.4% | +15.9% | −1.1% |
| Since inceptionDec 19, 2024 | +30.2% | +26.4% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: EFFE vs SPY
From Dec 19, 2024: EFFE grew to $13,019, SPY to $13,266.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
EFFE returns by calendar year
1 of 1 full years positive. Best 2025 (+20.4%), worst 2025 (+20.4%). 2026 is year to date.
EFFE annual returns table
| Year | EFFE | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +9.1% | −16.3% | +12.3% | +15.1% | −1.0% |
| 2025 | +20.4% | −13.7% | +17.7% | +20.8% | +7.2% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
EFFE largest drawdowns
Now 15.8% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jun 2, 2026 | −16.3% | Jul 29, 2026 | not yet | 57 days | 5 months so far |
| Feb 25, 2026 | −13.7% | Mar 30, 2026 | May 5, 2026 | 33 days | 2 months |
| Mar 19, 2025 | −13.7% | Apr 8, 2025 | May 2, 2025 | 20 days | 44 days |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
EFFE risk statistics
| Statistic | Since 2024 |
|---|---|
| Annualized return | +22.9% |
| Volatility (annualized) | 19.9% |
| Sharpe ratio | 0.95 |
| Sortino ratio | 1.68 |
| Best month | +12.2% |
| Worst month | −11.3% |
| Best 12 months | +37.4% |
| Worst 12 months | +13.8% |
| Positive months | 71% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
EFFE rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 11 | +6.3% | +23.5% | +37.4% | 100% |
Every holding period starting at a month-end since 2024. Returns for 3 years and longer are annualized.
EFFE performance overview
Harbor Osmosis Emerging Markets Resource… (EFFE) returned +6.1% over the past year, with distributions reinvested. Since its first recorded price on Dec 19, 2024 it has returned +30.2%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −16.3%, from Jun 2, 2026 to Jul 29, 2026; the fund has not yet regained that high. Volatility has been 19.9% a year.
Related: EFFE chart, EFFE dividends. See the EFFE overview for the latest quote and fund facts.
EFFE performance FAQ
What is the EFFE return over the past year?
EFFE returned +6.1% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 3.1%.
How much would $10,000 invested in EFFE be worth?
$10,000 invested in EFFE at its first recorded close on December 19, 2024 would be worth about $13,019 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of EFFE?
The largest peak-to-trough decline was −16.3% between June 2, 2026 and July 29, 2026. It has not yet recovered to that high; it is 15.8% below its peak.
How volatile is EFFE?
Over the past history EFFE had an annualized volatility of 19.9% and a Sharpe ratio of 0.95 (excess return over 1–3 month T-bills per unit of risk).