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HGER

GradeCNew York Stock Exchange

Harbor Commodity All-Weather Strategy ETF (HGER)

Commodities · Harbor · Inception 2022-02-09 · SEC filings

$35.84+0.06 (+0.15%)

As of Sep 23, 2026, 2:20 PM EDT

History starts Feb 10, 2022.
Intraday session: up, 59 prints from 35.79 to 35.84. Range 35.69 to 35.92. Use the arrow keys to read each point.$35.70$35.80$35.9010 AM12 PM2 PM4 PM
Expense ratio
0.68%
Fund size
$4.8B
1Y return
+50.8%
Yield · Last 12 months
4.91%
Holdings
17
Volume · 30D
1.3M sh
NAV per share
$35.75
52W range
low $24.44high $36.48

The ETF.net HGER Grade

C

55/ 100

Rank 9 of 23 in Broad Commodity Futures⁠

Confidence Medium

Six-pillar profile for HGER. Scores out of 100: Cost 55, Risk 70, Mission not scored, Tradability 67, Holdings 14, Durability 60. Strongest: Risk (70). Weakest: Holdings (14). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 55 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    BScore 55
    Category rank11/23 · top 48%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    AScore 70
    Category rank5/23 · top 22%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    BScore 67
    Category rank5/23 · top 22%

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    FScore 14
    Category rank15/15 · bottom quartile

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    BScore 60
    Category rank9/23 · top 39%

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on HGER

ETF.net Research

CMost commodity indexes weight by what the world digs up. HGER tracks a Quantix index that weights by what actually moves US inflation, with a gold sleeve that expands or shrinks depending on which kind of inflation shows up.

Stated mandate

The Fund seeks to track, before fees and expenses, the Quantix Commodity Index.

Why people hold it

  1. 01The index screens commodities on their sensitivity to US inflation and on the cost of rolling futures, so roll drag is part of the selection math, not an afterthought.money.usnews.com
  2. 02Gold is not a fixed slice here. The methodology lets it carry a far larger weight ceiling than any other commodity when inflation looks monetary rather than supply-driven.tradingview.comharborcapital.com
  3. 03Commodity exposure runs through swaps held in a wholly owned Cayman subsidiary, the plumbing that keeps futures gains off a K-1 at tax time.money.usnews.comtradingview.com
  4. 04Sits in the upper half of the broad-basket commodity futures group, and it is a multi-billion-dollar fund that trades actively, so getting a fill is rarely the hard part.

Worth knowing

  1. 01The 0.68% expense ratio lands right at the category median, but production-weighted trackers like BCI (0.26%) and CMDY (0.29%) charge roughly a third as much.
  2. 02Concentrated by design: the index runs a minimum of roughly 15 futures and the fund is classified as non-diversified, so one commodity can drive a lot of the ride.money.usnews.comtradingview.com
  3. 03Launched in 2022 under a different name and a different inflation index, switching to the Quantix index in 2023, so the earliest slice of its record reflects another recipe.tradingview.com

HGER Holdings

As of Sep 20, 2026, 6:04 AM
Asset class
Other
Holdings
17
Top-10 weight
198%
Largest holding
8311091 TRS USD R E MQCP332E TRS ON QII INDEX38.2%
The fund’s holdings, weight-ordered — page 1 of 2.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—8311091 TRS USD R E MQCP332E TRS ON QII INDEX38.22%5,800,000$1.7B1
002—8311093 TRS USD R E GSEBS002 TRS ON GS COMM STRAT35.61%5,440,276$1.6B1
003—8311092 TRS USD R E QCIER TRS RE26.93%3,500,000$1.2B1
004—TREASURY BILL 12/03/202617.90%786,306,000$780M16
005—TREASURY BILL 11/05/202616.83%736,820,000$733M16
006—TREASURY BILL 01/07/202716.27%717,467,000$709M5
007—TREASURY BILL 10/08/202615.87%692,860,000$691M56
008—TREASURY BILL 0.01% 03/11/202714.69%652,839,000$640M3
009—TREASURY BILL 02/04/202712.43%549,935,000$541M4
010—TREASURY BILL 02/11/20272.82%125,000,000$123M3
011—8311041 TRS USD R E JMABQTXE TRS RE2.53%370,000$110M1
012—8369891 TRS USD R E QCIER TRS RE1.26%164,073$55M1
013—8317301 TRS USD R E GSEBS002 TRS ON GS COMM STRAT0.93%142,159$41M1
014—8324551 TRS USD R E GSEBS002 TRS ON GS COMM STRAT0.91%139,019$40M1
015—8355521 TRS USD R E QCIER TRS RE0.85%110,255$37M1

Showing 1–15 of 23 holdings

HGER Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

HGER$15,076
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. HGER $15,076. SPY $11,723. Use the arrow keys to read each point.$9,065$12,444$15,824Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for HGER. Periods over one year show the average yearly return.
PeriodHGER
Year to date+44.2%
1 month+1.7%
3 months+21.0%
1 year+50.8%
3 years+22.1%per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for HGER
YearReturn barHGER
2026 YTD+44.2%
2025+20.0%
2024+9.2%
2023+1.9%
2022+9.8%

History from Feb 10, 2022

HGER in the news

HGER Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
4.91%Last 12 months
Payout per share
$1.76Last 12 months
Last payment
$1.76 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Annual

Distribution history

2022–2026

One bar per payment. 4 payments from 2022 to 2026 YTD. Dec 21, 2022 $0.14; Dec 21, 2023 $1.52; Dec 20, 2024 $0.73; Dec 12, 2025 $1.76. Use the arrow keys to read each point.20222023202420252026YTD
Ex-datePay dateAmount per share
Dec 12, 2025Dec 17, 2025$1.76
Dec 20, 2024Dec 26, 2024$0.73
Dec 21, 2023Dec 27, 2023$1.52
Dec 21, 2022Dec 27, 2022$0.14

HGER Risk

How much the fund’s monthly returns vary, scaled to a year.
12.9%
Annualised · 36 months to Aug 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
1.28
vs 3-month T-bills · to Aug 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−23.3%
55 months · trough Sep 2022
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.78
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

HGER Cost

Expense ratio0.68%
  • The middle half of Broad Commodity Futures funds
  • Median 0.72%

9 of the 21 Broad Commodity Futures funds charge less.

HGER costs $68.00 a year on $10,000. The median Broad Commodity Futures fund costs $72.00.