Harbor Capital Advisors has introduced the Harbor Long-Short Equity ETF (LSEQ) to its fund lineup. The ETF, listed on the NYSE Arca, focuses on providing equity exposure with an emphasis on downside mitigation and diversification benefits. LSEQ features both long and short equity positions, with their weighting determined by sub-advisor Disciplined Alpha’s macro regime analysis. The fund’s net exposure generally ranges from 40% to 60% long equity, but it may occasionally have exposure up to 150% long. Disciplined Alpha, known for its disciplined quantitative investment process and experience in shorting securities, serves as the sub-advisor for LSEQ, aiming to offer diversification in a portfolio with lower beta to traditional long-only equity investments. The fund’s gross expense ratio is 176 basis points.