Harbor Commodity All-Weather Strategy ETF (HGER)
Market Price (7/19/2026): $31.85
Harbor Commodity All-Weather Strategy ETF (HGER)
Market Price (7/19/2026): $31.85
Key Takeaways
- HGER has returned +28.4% YTD vs +9.3% for SPY; +37.8% over the past 12 months (SPY +19.4%). details →
- Priced in gold, HGER has returned -16.1% over the past 3 years, vs +70.0% in dollars — its dollar gains have lagged gold. details →
- Over the past month, HGER has seen net inflows of +$90M (+2.7% of assets). details →
- HGER's +28.4% YTD is ahead of its typical pace — it averaged +6.5% at this point (July 18) over the past 3 years. details →
Asset Allocation with HGER
Moderate — 55% equity / 25% bonds / 20% alternatives
10Y Return (ann.)
+12.0%
Volatility
10.8%
Sharpe
0.85
YTD
+6.1%
Modeled with monthly rebalancing to target weights; 10-year figures are annualized from monthly returns. Illustrative only — past performance is not indicative of future results.
Learn More →
Tailored Asset Allocation
[1] Personalized 5 Level Risk Tolerance Assessment
[2] Asset Allocation for My Risk Tolerance
Learn More →
Protect Wealth
[1] Defensive Portfolios
[2] Tax-Efficient Strategies
Performance for HGER Top Holdings
| Ticker | Holding | Weight | Mkt Price7/18 | 1D Rtn | 1M Rtn | YTD Rtn | 1Y Rtn | 3Y Rtn | 5Y Rtn | 10Y Rtn |
|---|---|---|---|---|---|---|---|---|---|---|
| HGER | Harbor Commodity All-Weather Strategy ETF | 100.00% | 31.88 | 0.0% | 6.6% | 28.4% | 37.8% | 70.0% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| HGER Return | - | 10% | 2% | 9% | 20% | 27% | 86% |
| Peers Return | 37% | 18% | -6% | 4% | 5% | 27% | 110% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 10% | 101% |
Monthly Win Rates [3] | |||||||
| HGER Win Rate | - | 64% | 42% | 58% | 75% | 71% | |
| Peers Win Rate | 75% | 58% | 27% | 45% | 70% | 77% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 57% | |
Max Drawdowns [4] | |||||||
| HGER Max Drawdown | - | - | -11% | -9% | -9% | -14% | |
| Peers Max Drawdown | -12% | -23% | -10% | -11% | -12% | -14% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: PDBC, DBC, COMT, GSG, BCI.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 7/17/2026 (YTD)
Sharpe Ratios Compared
One measure of reward vs. risk is a Sharpe ratio. A higher ratio indicates better risk-adjusted returns. Most funds have Sharpe ratios < 1.0.
Results as of 6302026.
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Current Dip Buy Opportunities Across ETFs
ETFs currently down 5% or more from trailing 6M peaks.
| Ticker | Name | Dip % | Mkt Price | Price Date | Peak Price | Peak Date | # Days |
|---|---|---|---|---|---|---|---|
| XLG | Invesco S&P 500 Top 50 ETF | -6.0% | 60.71 | 7182026 | 64.59 | 6012026 | 47 |
| MAGS | Roundhill Magnificent Seven ETF | -5.7% | 66.91 | 7182026 | 70.94 | 5142026 | 65 |
| QQQ | Invesco QQQ Trust, Series 1 | -6.8% | 695.33 | 7182026 | 746.16 | 6022026 | 46 |
| QQQM | Invesco NASDAQ 100 ETF | -6.8% | 286.31 | 7182026 | 307.23 | 6022026 | 46 |
| ONEQ | Fidelity Nasdaq Composite Index ETF | -5.9% | 100.45 | 7182026 | 106.70 | 6022026 | 46 |
| QQEW | First Trust Nasdaq-100 Select Equal Weight ETF | -5.1% | 153.54 | 7182026 | 161.85 | 6012026 | 47 |
| SCHM | Schwab U.S. Mid-Cap ETF | -5.1% | 34.99 | 7182026 | 36.87 | 6302026 | 18 |
| SCHA | Schwab U.S. Small-Cap ETF | -5.8% | 34.05 | 7182026 | 36.13 | 6302026 | 18 |
| VUG | Vanguard Growth ETF | -5.5% | 85.27 | 7182026 | 90.19 | 6012026 | 47 |
| IWF | iShares Russell 1000 Growth ETF | -7.3% | 119.38 | 7182026 | 128.77 | 6012026 | 47 |
| IVW | iShares S&P 500 Growth ETF | -5.2% | 134.26 | 7182026 | 141.59 | 6012026 | 47 |
| SPYG | State Street SPDR Portfolio S&P 500 Growth ETF | -5.2% | 116.25 | 7182026 | 122.60 | 6012026 | 47 |
| VONG | Vanguard Russell 1000 Growth ETF | -7.1% | 122.95 | 7182026 | 132.35 | 6012026 | 47 |
| MGK | Vanguard Mega Cap Growth ETF | -5.6% | 86.83 | 7182026 | 91.97 | 6012026 | 47 |
| AKRE | Akre Focus ETF | -11.2% | 56.18 | 7182026 | 63.28 | 1192026 | 180 |
| IWP | iShares Russell Mid-Cap Growth ETF | -6.0% | 137.59 | 7182026 | 146.41 | 6302026 | 18 |
| VBK | Vanguard Small-Cap Growth ETF | -5.8% | 344.58 | 7182026 | 365.70 | 6302026 | 18 |
| CORO | iShares International Country Rotation Active ETF | -5.5% | 35.28 | 7182026 | 37.32 | 6222026 | 26 |
| VSS | Vanguard FTSE All-World EX-US Small-Cap Index Fund | -6.8% | 150.73 | 7182026 | 161.79 | 5112026 | 68 |
| SCHC | Schwab International Small-Cap Equity ETF | -7.3% | 47.79 | 7182026 | 51.54 | 3012026 | 139 |
| IEMG | iShares Core MSCI Emerging Markets ETF | -10.5% | 76.98 | 7182026 | 86.00 | 6222026 | 26 |
| VWO | Vanguard FTSE Emerging Markets ETF | -5.6% | 57.84 | 7182026 | 61.24 | 6222026 | 26 |
| EEM | iShares MSCI Emerging Markets ETF | -11.1% | 63.29 | 7182026 | 71.21 | 6222026 | 26 |
| SPEM | State Street SPDR Portfolio Emerging Markets ETF | -6.0% | 50.19 | 7182026 | 53.39 | 6022026 | 46 |
| SCHE | Schwab Emerging Markets Equity ETF | -5.0% | 35.36 | 7182026 | 37.24 | 6222026 | 26 |
| FNDE | Schwab Fundamental Emerging Markets Equity ETF | -5.3% | 40.12 | 7182026 | 42.35 | 6022026 | 46 |
| ASHR | Xtrackers Harvest CSI 300 China A-Shares ETF | -9.8% | 33.63 | 7182026 | 37.30 | 6222026 | 26 |
| EWY | iShares MSCI South Korea ETF | -25.8% | 162.54 | 7182026 | 219.20 | 6212026 | 27 |
| EWZ | iShares MSCI Brazil ETF | -15.6% | 35.23 | 7182026 | 41.73 | 4142026 | 95 |
| FXI | iShares China Large-Cap ETF | -16.3% | 34.13 | 7182026 | 40.78 | 1292026 | 170 |
| ILF | iShares Latin America 40 ETF | -10.6% | 34.07 | 7182026 | 38.10 | 4142026 | 95 |
| KWEB | KraneShares CSI China Internet ETF | -26.1% | 26.81 | 7182026 | 36.29 | 1292026 | 170 |
| QQQI | NEOS Nasdaq 100 High Income ETF | -6.0% | 54.21 | 7182026 | 57.69 | 6022026 | 46 |
| MTUM | iShares MSCI USA Momentum Factor ETF | -12.5% | 302.09 | 7182026 | 345.22 | 6222026 | 26 |
| SPHQ | Invesco S&P 500 Quality ETF | -5.9% | 84.78 | 7182026 | 90.10 | 6302026 | 18 |
| SPMO | Invesco S&P 500 Momentum ETF | -11.0% | 143.89 | 7182026 | 161.66 | 6222026 | 26 |
| VLUE | iShares MSCI USA Value Factor ETF | -7.4% | 189.35 | 7182026 | 204.59 | 6252026 | 23 |
| ARKK | ARK Innovation ETF | -10.1% | 75.20 | 7182026 | 83.61 | 7062026 | 12 |
| URA | Global X Uranium ETF | -37.3% | 38.73 | 7182026 | 61.81 | 1282026 | 171 |
| BOTZ | Global X Funds Global X Robotics & Artificial Intelligence ETF | -17.4% | 34.40 | 7182026 | 41.63 | 5132026 | 66 |
| ROBO | ROBO Global Robotics & Automation Index ETF | -13.8% | 77.89 | 7182026 | 90.34 | 6022026 | 46 |
| LIT | Global X Lithium & Battery Tech ETF | -25.4% | 68.38 | 7182026 | 91.62 | 5112026 | 68 |
| ICLN | iShares Global Clean Energy ETF | -22.7% | 18.37 | 7182026 | 23.75 | 6022026 | 46 |
| ARKQ | ARK Autonomous Technology & Robotics ETF | -19.2% | 116.14 | 7182026 | 143.82 | 5282026 | 51 |
| ARKW | ARK Next Generation Internet ETF | -8.1% | 141.76 | 7182026 | 154.18 | 6012026 | 47 |
| ARKX | ARK Space & Defense Innovation ETF | -19.7% | 30.30 | 7182026 | 37.74 | 5282026 | 51 |
| NASA | Tema Space Innovators ETF | -45.1% | 22.99 | 7182026 | 41.89 | 5272026 | 52 |
| XOVR | EntrepreneurShares Series Trust ERShares Private-Public Crossover ETF | -9.6% | 19.30 | 7182026 | 21.34 | 7062026 | 12 |
| AGIX | KraneShares Artificial Intelligence ETF | -13.8% | 42.56 | 7182026 | 49.40 | 6012026 | 47 |
| GDE | WisdomTree Efficient Gold Plus Equity Strategy Fund | -13.4% | 60.94 | 7182026 | 70.39 | 5112026 | 68 |
| RAAX | VanEck Real Assets ETF | -7.9% | 39.33 | 7182026 | 42.70 | 5112026 | 68 |
| VGT | Vanguard Information Technology ETF | -10.0% | 113.10 | 7182026 | 125.62 | 6022026 | 46 |
| XLK | State Street Technology Select Sector SPDR ETF | -11.4% | 175.59 | 7182026 | 198.21 | 6022026 | 46 |
| XLE | State Street Energy Select Sector SPDR ETF | -7.8% | 57.68 | 7182026 | 62.56 | 3292026 | 111 |
| XLC | State Street Communication Services Select Sector SPDR ETF | -7.6% | 110.65 | 7182026 | 119.70 | 2012026 | 167 |
| XLY | State Street Consumer Discretionary Select Sector SPDR ETF | -6.1% | 115.44 | 7182026 | 122.88 | 1252026 | 174 |
| XLB | State Street Materials Select Sector SPDR ETF | -5.3% | 50.53 | 7182026 | 53.38 | 2112026 | 157 |
| IYM | iShares U.S. Basic Materials ETF | -8.0% | 173.94 | 7182026 | 189.08 | 3022026 | 138 |
| FXN | First Trust Energy AlphaDEX Fund | -7.9% | 21.36 | 7182026 | 23.18 | 3292026 | 111 |
| SMH | VanEck Semiconductor ETF | -16.8% | 556.53 | 7182026 | 668.91 | 6222026 | 26 |
| SOXX | iShares Semiconductor ETF | -20.3% | 521.81 | 7182026 | 655.01 | 6222026 | 26 |
| XBI | State Street SPDR S&P Biotech ETF | -6.1% | 154.26 | 7182026 | 164.28 | 7092026 | 9 |
| ITA | iShares U.S. Aerospace & Defense ETF | -8.0% | 230.73 | 7182026 | 250.78 | 7062026 | 12 |
| XOP | State Street SPDR S&P Oil & Gas Exploration & Production ETF | -9.6% | 170.18 | 7182026 | 188.18 | 3292026 | 111 |
| IGV | iShares Expanded Tech-Software Sector ETF | -13.8% | 92.80 | 7182026 | 107.70 | 6012026 | 47 |
| MISL | First Trust Indxx Aerospace & Defense ETF | -16.6% | 42.53 | 7182026 | 50.98 | 1192026 | 180 |
| RING | iShares MSCI Global Gold Miners ETF | -38.7% | 60.92 | 7182026 | 99.42 | 3012026 | 139 |
| SOXQ | Invesco PHLX Semiconductor ETF | -20.2% | 91.86 | 7182026 | 115.11 | 6222026 | 26 |
| BWX | State Street SPDR Bloomberg International Treasury Bond ETF | -5.8% | 21.56 | 7182026 | 22.90 | 2162026 | 152 |
| IGOV | iShares International Treasury Bond ETF | -5.2% | 40.77 | 7182026 | 42.99 | 3012026 | 139 |
| TLT | iShares 20+ Year Treasury Bond ETF | -5.5% | 84.52 | 7182026 | 89.48 | 3012026 | 139 |
| SPTL | State Street SPDR Portfolio Long Term Treasury ETF | -5.0% | 25.73 | 7182026 | 27.09 | 3012026 | 139 |
| EDV | Vanguard World Funds Extended Duration ETF | -7.8% | 62.18 | 7182026 | 67.42 | 3012026 | 139 |
| PDBC | Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF | -8.8% | 17.25 | 7182026 | 18.91 | 5122026 | 67 |
| DBC | Invesco DB Commodity Index Tracking Fund | -8.6% | 28.98 | 7182026 | 31.69 | 5122026 | 67 |
| COMT | iShares GSCI Commodity Dynamic Roll Strategy ETF | -10.6% | 32.66 | 7182026 | 36.53 | 5192026 | 60 |
| GSG | iShares GSCI Commodity | -5.8% | 30.01 | 7182026 | 31.85 | 3182026 | 122 |
| BCI | abrdn Bloomberg All Commodity Strategy K-1 Free ETF | -8.1% | 23.81 | 7182026 | 25.91 | 5122026 | 67 |
| FTGC | First Trust Global Tactical Commodity Strategy Fund | -5.6% | 28.83 | 7182026 | 30.53 | 5122026 | 67 |
| GLD | SPDR Gold Trust | -25.7% | 368.41 | 7182026 | 495.90 | 1292026 | 170 |
| IAU | iShares Gold Trust | -25.7% | 75.50 | 7182026 | 101.57 | 1292026 | 170 |
| GLDM | SPDR Gold MiniShares Trust | -25.6% | 79.45 | 7182026 | 106.77 | 1292026 | 170 |
| SGOL | ETFS Physical Swiss Gold Shares | -13.1% | 44.66 | 7182026 | 51.41 | 1292026 | 170 |
| BAR | Direxion Daily Gold Bull 3X Shares | -16.6% | 44.34 | 7182026 | 53.16 | 1292026 | 170 |
| SLV | iShares Silver Trust | -51.9% | 50.78 | 7182026 | 105.60 | 1282026 | 171 |
| SIVR | ETFS Physical Silver Shares Trust ETF | -24.8% | 83.39 | 7182026 | 110.87 | 1282026 | 171 |
| PPLT | ETFS Physical Platinum Shares | -42.5% | 14.50 | 7182026 | 25.23 | 1252026 | 174 |
| CPER | United States Copper Index Fund ETV | -13.9% | 33.33 | 7182026 | 38.71 | 1292026 | 170 |
| PALL | ETFS Physical Palladium Shares | -38.9% | 22.70 | 7182026 | 37.18 | 1282026 | 171 |
| USO | United States Oil Fund LP | -19.0% | 123.96 | 7182026 | 152.96 | 5192026 | 60 |
| UNG | United States Natural Gas Fund LP | -37.8% | 10.51 | 7182026 | 16.90 | 2012026 | 167 |
| BNO | United States Brent Oil Fund LP ETV | -7.1% | 55.85 | 7182026 | 60.13 | 5042026 | 75 |
| IBIT | iShares Bitcoin Trust ETF | -33.0% | 36.35 | 7182026 | 54.24 | 1192026 | 180 |
| FBTC | Fidelity Wise Origin Bitcoin Fund | -32.9% | 55.82 | 7182026 | 83.23 | 1192026 | 180 |
| GBTC | Grayscale Bitcoin Trust ETF | -17.1% | 61.84 | 7182026 | 74.58 | 1192026 | 180 |
| ETHA | iShares Ethereum Trust ETF | -44.1% | 13.91 | 7182026 | 24.88 | 1192026 | 180 |
ETF Fund Flows
Largest fund inflows and outflows across ETFs, with the asset-allocation rotation they imply.
Net fund flows · as of 2026-07-17
Asset allocation rotation · Past month
- Equity ETFs drew the largest net inflows (+$34.5B), followed by Bond (+$26.7B), while Commodity (−$2.6B) and Crypto (−$2.6B) saw the largest outflows.
- Within the mix, money rotated into US Large Cap Core (+$35.2B) and out of US Mid Cap Core (−$7.0B).
- Relative to fund size, ARKQ drew the largest inflow (+51.2% of AUM) and NASA the largest outflow (−73.8%).
Largest inflows
| # | Ticker | Name | Net flow | % of AUM |
|---|---|---|---|---|
| 1 | IVV | iShares Core S&P 500 ETF | +$55.31B | +6.2% |
| 2 | SPY | State Street SPDR S&P 500 ETF | +$17.32B | +2.2% |
| 3 | DRAM | Roundhill Memory ETF | +$10.47B | +44.1% |
| 4 | SPYM | State Street SPDR Portfolio S&P 500 ETF | +$9.91B | +6.3% |
| 5 | SOXX | iShares Semiconductor ETF | +$9.34B | +20.4% |
| 6 | VXUS | Vanguard Total International Stock ETF | +$4.46B | +2.9% |
| 7 | AVLV | Avantis U.S. Large Cap Value ETF | +$3.97B | +23.7% |
| 8 | LQD | iShares iBoxx $ Investment Grade Corporate Bond ETF | +$3.82B | +11.0% |
| 9 | SGOV | iShares 0-3 Month Treasury Bond ETF | +$3.79B | +3.9% |
| 10 | BND | Vanguard Total Bond Market ETF | +$3.48B | +2.2% |
Largest outflows
| # | Ticker | Name | Net flow | % of AUM |
|---|---|---|---|---|
| 1 | VOO | Vanguard S&P 500 ETF | -$47.34B | -4.8% |
| 2 | XLK | State Street Technology Select Sector SPDR ETF | -$9.08B | -7.6% |
| 3 | VO | Vanguard Mid-Cap ETF | -$5.78B | -5.4% |
| 4 | VLUE | iShares MSCI USA Value Factor ETF | -$5.07B | -51.1% |
| 5 | SMH | VanEck Semiconductor ETF | -$4.69B | -6.5% |
| 6 | VB | Vanguard Small-Cap ETF | -$3.68B | -4.6% |
| 7 | IQMM | ProShares - GENIUS Money Market ETF | -$2.97B | -14.5% |
| 8 | VTV | Vanguard Value ETF | -$2.94B | -1.6% |
| 9 | SCHD | Schwab U.S. Dividend Equity ETF | -$2.16B | -2.2% |
| 10 | VBR | Vanguard Small-Cap Value ETF | -$2.13B | -5.8% |
Largest ETF fund flows across ~2563 funds (min AUM $100M). Net creations/redemptions; leveraged & inverse ETFs excluded. A ⚠ marks a day excluded as a suspected data error.
About HGER
| Holdings Count: 17Expense Ratio: 0.68%Inception Date: 2022-02-09 | Harbor Commodity All-Weather Strategy ETF (HGER)The Harbor Commodity All-Weather Strategy ETF (HGER) seeks to construct a diverse portfolio of commodities, specifically targeting those most responsive to U.S. consumer price inflation. Its selection methodology begins by pinpointing the 24 most actively traded commodity futures. These are then thoroughly assessed for their economic relevance and inherent quality, taking into account factors like market liquidity (open interest), associated costs (holding and trading), and their sensitivity to inflation. The underlying index generally includes a minimum of 15 commodity futures. Most of these assets are allocated weights ranging from 2% to 20%, with gold being an exception, potentially accounting for up to 40% of the portfolio. An exclusive, in-house developed "scarcity debasement" metric evaluates the prevailing inflationary conditions; this evaluation then informs the precise weighting of gold within the portfolio. The index undergoes rebalancing and reconstitution every three months. The index's performance is calculated on a total return basis, incorporating both gains from futures contracts and earnings derived from the strategic management of the fund's cash reserves. HGER conducts its investments predominantly via excess return swaps, utilizing a fully owned subsidiary based in the Cayman Islands. This operational structure is designed to exempt investors from receiving K-1 tax forms. Before March 6, 2023, this fund was known as the Harbor All-Weather Inflation Focus ETF and followed the Harbor Inflation Index.Asset Class: Equity | ETF Website |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Profile
| Median | |
|---|---|
| Name | |
| Asset Class | - |
| AUM ($ Bil) | 2.0 |
| Expense Ratio | 0.71% |
| 10-D Avg Volume (Mil) | 1.20 |
| Latest Day Volume (Mil) | 0.66 |
| Holdings Count | 25 |
| Inception Date | - |
Fundamentals
| Median | |
|---|---|
| Name | |
| Net Asset Value | - |
| Premium/Discount | 4.2% |
| Distribution Yield | 5.5% |
| Sales Yield | - |
| Earnings Yield | - |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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