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COMB vs HGER

GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF

COMBBNYSE Arca

Harbor Commodity All-Weather Strategy ETF (HGER)

HGERCNYSE

Overlap

Expense ratio

COMB −0.43pt a year

COMB0.25%HGER0.68%

Avg volume · 30D

HGER 36.4×the volume

COMB38.9KHGER1.41M

3Y return · a year

HGER +7.3pt

COMB+13.9%HGER+21.2%

COMB vs HGER Performance

Nov 7, 2025 – Nov 9, 2026

+28.9%COMB+35.6%HGER

Nov 7, 2025 to Nov 9, 2026. COMB +28.9%. HGER +35.6%. Use the arrow keys to read each point.0%10%20%50%Nov 2025May 2026Nov 2026
Expense ratio
COMB 0.25%, better
HGER 0.68%
Fund size
COMB $152M
HGER $4.73B
1Y total return
COMB +28.9%
HGER +35.6%, better
Yield (12M)
COMB 7.22%, better
HGER 5.25%
Holdings
COMB 40
HGER 15
Avg volume (30D)
COMB 38.9K sh
HGER 1.41M sh, better
NAV per share
COMB $26.65
HGER $33.84
52W range

ETF.net Grade

COMB: Cost 93, Risk 52, Mission not scored, Tradability 55, Holdings not scored, Durability 31. HGER: Cost 50, Risk 68, Mission not scored, Tradability 62, Holdings 12, Durability 61.
Pillar letters and Scores for COMB, HGER, with each pillar’s weight
PillarCOMBHGER
Cost30% weightA93HigherC50
Mission25% weightNot scoredNot scored
Risk15% weightC52B68Higher
Tradability15% weightB55B62Higher
Holdings10% weightNot scoredF12
Durability5% weightD31B61Higher

Rank among Broad Commodity Futures funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. COMB and HGER are both graded against the same 22 Broad Commodity Futures funds, so their Grades compare head to head.

Broad Commodity Futures⁠

Category · 22 funds
See all 22 ›

COMB ranks 3rd and HGER 11th of 22 funds in the Broad Commodity Futures Category.

  1. Rank 1ACERYState Street SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETFScore 78
  2. Rank 2ABCIabrdn Bloomberg All Commodity Strategy K-1 Free ETFScore 73
  3. Rank 3BCMDYiShares Bloomberg Roll Select Commodity Strategy ETFScore 69
  4. Rank 3BCOMBGraniteShares Bloomberg Commodity Broad Strategy No K-1 ETFScore 69
  5. Rank 5BSDMFSimplify DBi CTA Managed Futures Index ETFScore 67
  6. Rank 9CPITVanEck Commodity Strategy ETFScore 53
  7. Rank 11CHGERHarbor Commodity All-Weather Strategy ETF (HGER)Score 51
  8. Rank 12CFTGCFirst Trust Global Tactical Commodity Strategy FundScore 48

Our read on each fund

ETF.net Research

COMBBGraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF

HGERCHarbor Commodity All-Weather Strategy ETF (HGER)

In short

COMB The cheapest ticket in the K-1-free commodity aisle: 0.25% for a broad basket of energy, metals, grain and livestock futures, wrapped so your tax packet is a Form 1099 instead of a Schedule K-1.

HGER Most 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

COMB The fund seeks long-term capital appreciation mainly through exposure to commodity futures markets.

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

Why people hold it

  • COMB At 0.25%, the lowest fee among the category's top-scoring broad commodity funds (BCI 0.26%, CERY 0.28%, CMDY 0.29%, BCD 0.30%) and below the category median.
  • Gains its futures exposure through a wholly owned Cayman subsidiary, so the fund is designed to be taxed like a conventional fund and issue a 1099, not a K-1.sec.gov
  • Benchmarked to the Bloomberg Commodity Index: about 30 positions across energy, metals, agriculture and livestock, with index rules capping any commodity group at 33%.bbhub.io
  • Live since 2017, long enough to have run through a full commodity boom and bust, and it sits in the top quartile of its peer group.
  • HGER The 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.usnews.com
  • Gold 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
  • Commodity exposure runs through swaps held in a wholly owned Cayman subsidiary, the plumbing that keeps futures gains off a K-1 at tax time.usnews.comtradingview.com
  • Sits 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

  • COMB Thinly traded next to the category's household names, so spreads can widen. Matters most on bigger orders.
  • Returns ride the futures curve, not spot prices. Rolling contracts forward can add to or subtract from the move in a commodity's headline price.graniteshares.com
  • Actively managed rather than a strict index clone, with Treasury bills as collateral and cash paid out annually or semiannually, not monthly.graniteshares.com
  • HGER The 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.
  • Concentrated 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.usnews.comtradingview.com
  • Launched 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

Full COMB profile⁠

Full HGER profile⁠

COMB vs HGER Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

COMB vs HGER Cost

Overpaying HGER vs COMB

$8,093

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • COMB 0.25%

    $5,159

  • HGER 0.68%

    $13,252

$10,000
30 years

Cost over time

  • COMB 0.25%
  • HGER 0.68%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530HGER $13,252COMB $5,159

Year by year

YearCOMBHGEROverpaying
10$455$1,215$760
20$1,769$4,633$2,864
30$5,159$13,252$8,093

Expense ratio

  • 0.25%COMB, cheaper
  • 0.68%HGER
  • Middle half of Broad Commodity Futures funds
  • Median 0.67%

COMB 2nd cheapest of 22 funds

HGER 12th cheapest of 22 funds

COMB vs HGER Dividends

Last 12 months to Nov 9, 2026
Yield (12M)
COMB 7.22%, better
HGER 5.25%
Payout (12M)
COMB $1.91
HGER $1.76
Last payment
COMB $1.91
HGER $1.76
Ex-dividend
COMB Dec 29, 2025
HGER Dec 12, 2025
Paid on
COMB Dec 31, 2025
HGER Dec 17, 2025
Frequency
COMB Annual
HGER Annual

Distribution history

Per share, 2017 to 2026, same scale for both

COMBAnnual · 9 paymentsAll COMB payments⁠
One bar per payment. 9 payments from 2017 to 2026 YTD. Dec 26, 2017 $0.05; Dec 28, 2018 $0.22; Dec 30, 2019 $0.36; Dec 30, 2020 $0.02; Dec 30, 2021 $4.06; Dec 28, 2022 $6.94; Dec 13, 2023 $1.13; Dec 27, 2024 $0.49; Dec 29, 2025 $1.91. Use the arrow keys to read each point.$0$52017202020232026YTD
HGERAnnual · 4 paymentsAll HGER payments⁠
One bar per payment. 4 payments from 2017 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.$0$52017202020232026YTD

COMB vs HGER Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
COMB 14.2%HGER 12.8%, better
Return per unit of riskSharpe ratio, 3 years
COMB 0.73HGER 1.32, better
Worst fallMax drawdown, 5 years
COMB −26.5%HGER −23.3%since Feb 2022
Market sensitivityBeta, 5 years
COMB 1.00HGER 0.82

COMB and HGER in the news

All news⁠

Popular comparisons

  • COMBBvsCERYA

    GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF · State Street SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF

    Expense ratio
    0.25% · 0.28%
    Category
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  • HGERCvsCERYA

    Harbor Commodity All-Weather Strategy ETF (HGER) · State Street SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF

    Expense ratio
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    Category
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  • HGERCvsBCIA

    Harbor Commodity All-Weather Strategy ETF (HGER) · abrdn Bloomberg All Commodity Strategy K-1 Free ETF

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    Category
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  • COMBBvsCMDYB

    GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF · iShares Bloomberg Roll Select Commodity Strategy ETF

    Expense ratio
    0.25% · 0.29%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • HGERCvsCMDYB

    Harbor Commodity All-Weather Strategy ETF (HGER) · iShares Bloomberg Roll Select Commodity Strategy ETF

    Expense ratio
    0.68% · 0.29%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.