An actively managed ETF: holds commodity exposure, as its name describes.
ACOM, the Harbor Active Commodity ETF, is a $7 million ETF whose main story is hard asset flight.
The narrative it carries
This is its only narrative.
Hard asset flight →
Gold, silver and the miners: assets held because no government issues them.
The band is where this narrative’s level sits among the 22 this week. QUIET means less talked about, not falling.
| # | ETF | SHARE | ASSETS | 1 YEAR | COST |
|---|---|---|---|---|---|
| 1 | GLD | 36.5% | $141.70bn | +7.1% | 0.40% |
| 2 | IAU | 16.0% | $62.22bn | +7.3% | 0.25% |
| 3 | GLDM | 7.9% | $30.71bn | +7.5% | 0.10% |
| 4 | SLV | 7.7% | $29.96bn | +28.7% | 0.50% |
| 5 | GDX | 6.8% | $26.25bn | +14.7% | 0.51% |
| 101 other ETFs | 25.1% |
Share is each ETF’s slice of the capital carrying this narrative. 1 year is market price total return; cost is the expense ratio. See all 106 ETFs on the narrative page →
FRI OCT 2MARKET PRICE TOTAL RETURN
| 1M | 3M | YTD | 1Y | 3Y* | 5Y* | |
|---|---|---|---|---|---|---|
| ACOM | +0.4% | +22.0% | – | – | – | – |
| Hard asset flightits narrative | −5.7% | +3.3% | +0.3% | +14.9% | +33.7% | +19.5% |
| The marketbroad US ETFs | +0.8% | +2.6% | +14.6% | +16.8% | +22.9% | +12.9% |
1M, 3M, 1Y, 3Y, 5Y: one month to five years. YTD: year to date. * A year, annualised. A dash means the ETF has not traded for the whole period. Since it started trading on June 17, 2026: +20.7%.
$10,000 invested June 30, 2026
Total return on the market price, with each distribution reinvested on its ex-date. Not the NAV return the issuer publishes; the two differ when the ETF trades above or below the value of its holdings. The narrative is the asset-weighted return of the unlevered ETFs that carry it. The market is the asset-weighted return of broad US index ETFs. Past performance is no guarantee of future results.
FRI OCT 2MARKET PRICE TOTAL RETURN
ACOM has traded for less than a year, so how it moves against the market is not shown yet.
Where it sits in Hard asset flight
Each dot is one of 54 unlevered ETFs whose main narrative is hard asset flight, placed by its return (up) and how much it swung (right) over the last year.
Risk
How it is built
An unlevered long ETF that owns its holdings directly. It counts toward Share of Narrative.
Narrative exposure
Common questions
What story is ACOM selling?
ACOM’s main story is hard asset flight, which covers gold, silver and the miners: assets held because no government issues them.
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