Harbor Commodity All-Weather Strategy ETF (HGER)

Market Price (6/3/2026): $31.88

Harbor Commodity All-Weather Strategy ETF (HGER)

Market Price (6/3/2026): $31.88

Asset Allocation with HGER

	ETF	1D	1W	1M	YTD
Equity	SPY	0.1%	1.2%	5.4%	11.7%
Bond	BND	0.0%	0.3%	0.1%	0.5%
Gold	GLD	0.2%	-0.5%	-2.7%	3.9%
Commodity	HGER	0.9%	0.1%	-1.5%	28.5%
Real Estate	VNQ	0.5%	-2.8%	-1.6%	8.0%
Bitcoin	BTCUSD	-1.1%	-6.9%	-9.7%	-19.4%
Cash	GOVT	0.0%	0.0%	-0.3%	-0.2%

	ETF	Return	Volatility	Sharpe
Equity	SPY	15.9%	15.2%	86.7%
Bond	BND	1.7%	5.2%	-17.8%
Gold	GLD	13.2%	14.8%	69.7%
Commodity	HGER	0.0%	8.2%	43.0%
Real Estate	VNQ	5.5%	17.6%	24.6%
Bitcoin	BTCUSD	66.0%	76.7%	99.6%
Cash	GOVT	0.6%	4.9%	-39.8%

Figures are on an annualized basis, based on monthly return data for the last 10 years

	ETF	Inflation Shock	Covid Pandemic	2018 Correction
Equity	SPY	-23.0%	-30.4%	-19.3%
Bond	BND	-14.2%	-2.2%	1.3%
Gold	GLD	-7.7%	-6.3%	5.0%
Commodity	HGER
Real Estate	VNQ	-29.8%	-41.6%	-11.1%
Bitcoin	BTCUSD	-56.0%	-33.5%	-37.4%
Cash	GOVT	-12.4%	4.4%	1.6%

The table shows the return of different asset classes during market crises - specifically during the period where the S&P fell and bottomed

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Price Chart

ETF Price
Price/Gold

Top 20 Holdings for HGER

Total Weights
Top 5: 1.0% | Top 10: 1.0% | Top 20: 1.0%

Ticker	Holding	Weight
B	Barrick Mining	1.05%

Performance for HGER Top Holdings

Ticker	Holding	Weight	Mkt Price 6/2	1D Rtn	1M Rtn	YTD Rtn	1Y Rtn	3Y Rtn	5Y Rtn	10Y Rtn
HGER	Harbor Commodity All-Weather Strategy ETF	100.00%	31.89	0.9%	-1.5%	28.5%	41.9%	78.8%
B	Barrick Mining	1.05%	43.20	2.1%	11.8%	0.5%	117.5%	167.3%	111.9%	170.9%

Guidance Updates for HGER Top Holdings

Return vs. Risk

Price Returns Compared

	2021	2022	2023	2024	2025	2026	Total [1]
Returns
HGER Return	-	10%	2%	9%	20%	27%	87%
Peers Return	37%	18%	-6%	4%	5%	33%	119%
S&P 500 Return	27%	-19%	24%	23%	16%	11%	102%
Monthly Win Rates [3]
HGER Win Rate	-	64%	42%	58%	75%	83%
Peers Win Rate	75%	58%	27%	45%	70%	87%
S&P 500 Win Rate	75%	42%	67%	75%	67%	67%
Max Drawdowns [4]
HGER Max Drawdown	-	-	-11%	-9%	-9%	-8%
Peers Max Drawdown	-12%	-23%	-10%	-11%	-12%	-7%
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 6/2/2026 (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.

Ticker	1Y	3Y	5Y
HGER	1.97	1.16	0.70
Commodity Top Results (3Y)
SGOL	1.33	1.36	0.90
BAR	1.24	1.35	0.87
IAU	1.20	1.30	0.86
GLDM	1.19	1.30	0.86
GLD	1.17	1.28	0.84

Results as of 5312026.

Event

Compare to PDBC, DBC, COMT, GSG, BCI

In The Past

Harbor Commodity All-Weather Strategy ETF's stock fell -7.5% during the 2025 US Tariff Shock. Such a loss loss requires a 8.1% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

Event

Compare to PDBC, DBC, COMT, GSG, BCI

In The Past

Harbor Commodity All-Weather Strategy ETF's stock fell -7.5% during the 2025 US Tariff Shock. Such a loss loss requires a 8.1% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

HGER Dip Buy History

HGER had 6 events since 2/10/2022 where the dip threshold of -5.0% within 60 days was triggered

22% median peak return within 1 year of dip event
336 days is the median time to peak return after a dip event
-1.1% median max drawdown within 1 year of dip event

60 Day Dip			HGER Subsequent Performance
Date	HGER	SPY	1Y	Peak Return	Max Drop	# Days to Peak
Median			15%	22%	-1%	336
8062024	-5%	1%	18%	29%	-1%	318
1172024	-6%	11%	17%	22%	0%	364
12062023	-6%	2%	9%	22%	-1%	306
5302023	-6%	4%	17%	27%	-1%	356
4272023	-6%	2%	13%	17%	-4%	354
7052022	-6%	-14%	1%	17%	-8%	205

[1] Dip event defined as first instance dip threshold is triggered within a 60-day time period.
[2] Analysis for period from 1/1/2005 to 6/2/2026

HGER had 3 events since 2/10/2022 where the dip threshold of -10% within 90 days was triggered

20% median peak return within 1 year of dip event
355 days is the median time to peak return after a dip event
-5.2% median max drawdown within 1 year of dip event

90 Day Dip			HGER Subsequent Performance
Date	HGER	SPY	1Y	Peak Return	Max Drop	# Days to Peak
Median			11%	20%	-5%	355
5312023	-10%	6%	17%	28%	0%	355
9062022	-10%	-6%	11%	19%	-6%	364
7142022	-13%	-12%	6%	20%	-5%	196

[1] Dip event defined as first instance dip threshold is triggered within a 90-day time period.
[2] Analysis for period from 1/1/2005 to 6/2/2026

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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
NOBL	ProShares S&P 500 Dividend Aristocrats ETF	-5.8%	53.69	6022026	57.02	3012026	93
JEPI	JPMorgan Equity Premium Income ETF	-5.6%	55.33	6022026	58.63	3012026	93
URA	Global X Uranium ETF	-13.6%	53.42	6022026	61.81	1282026	125
LIT	Global X Lithium & Battery Tech ETF	-5.7%	86.40	6022026	91.62	5112026	22
CGBL	Capital Group Core Balanced ETF	-6.2%	34.41	6022026	36.67	2252026	97
XLF	State Street Financial Select Sector SPDR ETF	-8.3%	51.46	6022026	56.11	1062026	147
XLV	State Street Health Care Select Sector SPDR ETF	-8.2%	146.40	6022026	159.54	3012026	93
XLE	State Street Energy Select Sector SPDR ETF	-7.4%	57.96	6022026	62.56	3292026	65
XLC	State Street Communication Services Select Sector SPDR ETF	-5.1%	113.57	6022026	119.70	2012026	121
XLY	State Street Consumer Discretionary Select Sector SPDR ETF	-5.4%	117.59	6022026	124.27	1122026	141
XLP	State Street Consumer Staples Select Sector SPDR ETF	-8.6%	81.83	6022026	89.51	3012026	93
XLU	State Street Utilities Select Sector SPDR ETF	-7.4%	43.90	6022026	47.40	3012026	93
IBB	iShares Biotechnology ETF	-7.5%	164.27	6022026	177.51	1222026	131
XBI	State Street SPDR S&P Biotech ETF	-7.9%	127.76	6022026	138.67	4192026	44
ITA	iShares U.S. Aerospace & Defense ETF	-8.8%	228.33	6022026	250.42	3022026	92
XOP	State Street SPDR S&P Oil & Gas Exploration & Production ETF	-10.3%	168.85	6022026	188.18	3292026	65
EDV	Vanguard World Funds Extended Duration ETF	-6.2%	64.09	6022026	68.33	3012026	93
COMT	iShares GSCI Commodity Dynamic Roll Strategy ETF	-5.6%	34.50	6022026	36.53	5192026	14
GSG	iShares GSCI Commodity	-5.8%	30.01	6022026	31.85	3182026	76
GLD	SPDR Gold Trust	-16.9%	411.95	6022026	495.90	1292026	124
IAU	iShares Gold Trust	-16.9%	84.42	6022026	101.57	1292026	124
GLDM	SPDR Gold MiniShares Trust	-16.8%	88.78	6022026	106.77	1292026	124
SGOL	ETFS Physical Swiss Gold Shares	-13.1%	44.66	6022026	51.41	1292026	124
BAR	Direxion Daily Gold Bull 3X Shares	-16.6%	44.34	6022026	53.16	1292026	124
SLV	iShares Silver Trust	-35.6%	67.99	6022026	105.60	1282026	125
SIVR	ETFS Physical Silver Shares Trust ETF	-24.8%	83.39	6022026	110.87	1282026	125
PPLT	ETFS Physical Platinum Shares	-30.5%	17.53	6022026	25.23	1252026	128
CPER	United States Copper Index Fund ETV	-13.9%	33.33	6022026	38.71	1292026	124
PALL	ETFS Physical Palladium Shares	-32.9%	24.95	6022026	37.18	1282026	125
USO	United States Oil Fund LP	-10.3%	137.27	6022026	152.96	5192026	14
UNG	United States Natural Gas Fund LP	-32.1%	11.47	6022026	16.90	2012026	121
BNO	United States Brent Oil Fund LP ETV	-7.1%	55.85	6022026	60.13	5042026	29
IBIT	iShares Bitcoin Trust ETF	-31.4%	38.05	6022026	55.44	1142026	139
FBTC	Fidelity Wise Origin Bitcoin Fund	-31.3%	58.46	6022026	85.12	1142026	139
GBTC	Grayscale Bitcoin Trust ETF	-19.0%	61.84	6022026	76.31	1142026	139
ETHA	iShares Ethereum Trust ETF	-43.8%	14.38	6022026	25.59	1142026	139

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About HGER

Holdings Count: 17
Expense Ratio: 0.68%
Inception Date: 2022-02-09

Harbor Commodity All-Weather Strategy ETF (HGER)
HGER attempts to diversify efficiently across commodities to target the most sensitive to US-CPI. Selection begins with the 24 most liquid commodity futures, scored for economic significance and quality, considering open interest, holding and trading costs, and inflation sensitivity. The index holds at least 15 commodity futures with weights ranging 2-20%, except gold which can have up to 40% weight. A proprietary scarcity debasement indicator determines the type of inflationary environment, to which the allocation to gold is adjusted accordingly. The index is reconstituted and rebalanced quarterly. Index calculation is based on total return, which includes the futures returns plus returns from managing the funds cash collateral. The fund invests using excess return swaps through a wholly owned Cayman Islands subsidiary, avoiding K-1 tax forms. Before March 6, 2023, the fund traded as the Harbor All-Weather Inflation Focus ETF and tracked the Harbor Inflation Index.
Asset Class: Equity | ETF Website

Recent Active Movers

Top Gainers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
SWMR	Swarmer	1.3	37.7%	153.3%
MRVL	Marvell Technology	250.3	32.5%	242.6%
URG	Ur-Energy	0.8	22.8%	51.1%
AOSL	Alpha & Omega Semiconductor	1.6	21.5%	169.2%
AEHR	Aehr Test Systems	3.5	20.7%	459.7%
HPE	Hewlett Packard Enterprise	74.9	19.5%	135.3%
PENG	Penguin Solutions	3.7	18.3%	261.2%
COHR	Coherent	81.2	17.6%	131.3%
UMAC	Unusual Machines	1.2	15.7%	162.3%
TE	T1 Energy	3.4	15.7%	80.2%

Top Losers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
FULC	Fulcrum Therapeutics	0.2	-51.1%	-72.2%
AIV	Apartment Investment & Management	0.4	-30.1%	-23.2%
CELC	Celcuity	5.0	-25.7%	-8.3%
PRAX	Praxis Precision Medicines	7.5	-23.0%	-12.4%
AVEX	AEVEX	1.6	-16.0%	20.5%
OLMA	Olema Pharmaceuticals	1.1	-15.9%	-57.2%
CNTN	Canton Strategic	0.5	-15.5%	-21.8%
ORIC	ORIC Pharmaceuticals	0.8	-15.1%	-6.8%
VRRM	Verra Mobility	0.6	-14.9%	-81.4%
STTK	Shattuck Labs	0.5	-13.8%	33.4%

Top Gainers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
UMAC	Unusual Machines	1.2	93.4%	162.3%
REPL	Replimune	0.8	92.8%	-8.7%
APPS	Digital Turbine	1.0	77.8%	71.0%
SWMR	Swarmer	1.3	77.4%	153.3%
RCAT	Red Cat	1.8	53.0%	88.5%
HPE	Hewlett Packard Enterprise	74.9	47.5%	135.3%
SNOW	Snowflake	89.4	47.0%	19.0%
OKTA	Okta	24.0	44.2%	56.5%
DELL	Dell Technologies	287.3	42.7%	247.3%
CRSR	Corsair Gaming	1.2	42.5%	94.1%

Top Losers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
VRRM	Verra Mobility	0.6	-68.2%	-81.4%
FULC	Fulcrum Therapeutics	0.2	-53.6%	-72.2%
PLAB	Photronics	1.9	-39.1%	3.6%
CELC	Celcuity	5.0	-31.9%	-8.3%
AIV	Apartment Investment & Management	0.4	-29.0%	-23.2%
CNTN	Canton Strategic	0.5	-28.0%	-21.8%
PRAX	Praxis Precision Medicines	7.5	-26.4%	-12.4%
FLY	Firefly Aerospace	6.9	-26.3%	93.9%
RJET	Republic Airways	0.8	-24.9%	1.2%
CBOE	Cboe Global Markets	28.9	-22.1%	10.3%

Top Gainers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
REPL	Replimune	0.8	254.8%	-8.7%
HYLN	Hyliion	1.2	232.8%	269.0%
RXT	Rackspace Technology	1.3	207.9%	461.3%
AGL	Agilon Health	1.4	193.3%	403.8%
INOD	Innodata	3.7	159.5%	124.2%
UMAC	Unusual Machines	1.2	135.5%	162.3%
EVC	Entravision Communications	0.8	135.2%	212.7%
TE	T1 Energy	3.4	133.8%	80.2%
APPS	Digital Turbine	1.0	132.3%	71.0%
FLNC	Fluence Energy	3.7	129.0%	41.1%

Top Losers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
VRRM	Verra Mobility	0.6	-72.1%	-81.4%
FULC	Fulcrum Therapeutics	0.2	-57.3%	-72.2%
GTM	ZoomInfo Technologies	1.0	-48.5%	-66.3%
PAHC	Phibro Animal Health	1.2	-48.3%	-23.8%
BRBR	BellRing Brands	1.1	-47.4%	-66.2%
BTGO	BitGo	0.6	-44.1%	-68.5%
AORT	Artivion	1.0	-43.6%	-55.2%
PSIX	Power Solutions International	0.9	-42.4%	-29.0%
UI	Ubiquiti	35.6	-42.2%	6.6%
SHAK	Shake Shack	2.3	-42.0%	-29.8%

Short Interest

Short Interest: As Of Date	5152026
Short Interest: Shares Quantity	0.3 Mil
Short Interest: % Change Since 4302026	-47.5%
Average Daily Volume	1.2 Mil
Days-to-Cover Short Interest	1

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1	TradingView	Morningstar
2	SeekingAlpha	ValueLine
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4	CNBC	Etrade
5	MarketWatch	Unusual Whales
6	YCharts	Perplexity Finance
7	FinViz

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Harbor Commodity All-Weather Strategy ETF (HGER)

Market Price (6/3/2026): $31.88

Harbor Commodity All-Weather Strategy ETF (HGER)

Market Price (6/3/2026): $31.88

Asset Allocation with HGER

Price Chart

Valuation & Yield

Top 20 Holdings for HGER

Performance for HGER Top Holdings

Guidance Updates for HGER Top Holdings

Return vs. Risk

Price Returns Compared

Sharpe Ratios Compared

How Low Can It Go

In The Past

Preserve Wealth

Asset Allocation

In The Past

Preserve Wealth

Asset Allocation

HGER Dip Buy History

Current Dip Buy Opportunities Across ETFs

Set Alerts and Notifications

Stay Informed

Trade & Investment Ideas

Wealth

Alert Me Periodically

Inform Me Once

About HGER

Latest Trefis Analyses

Recent Active Movers

Top Gainers

Top Losers

Top Gainers

Top Losers

Top Gainers

Top Losers

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