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Harbor Commodity All-Weather Strategy ETF (HGER): ETF

ETF traded on XNYS under symbol HGER. Quoted in usd.

Harbor Commodity All-Weather Strategy ETF (HGER) logo

Harbor Commodity All-Weather Strategy ETF (HGER)

-2.37%$33.78
XNYS:HGERCommodities
AUM $4.87B·YTD --·Yield --
Harbor Commodity All-Weather Strategy ETF (HGER) logoXNYS:HGER$33.78-2.37%
About 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.

Largest holdings

  1. 8495474 TRS USD R E MQCP332E TRS ON QII INDEX36.25%
  2. 8495534 TRS USD R E GSEBS002 TRS ON GS COMM STRAT34.54%
  3. 8495851 TRS USD R E QCIER TRS RE32.49%
  4. TREASURY BILL 01/07/202719.06%
  5. TREASURY BILL 12/03/202618.39%
  6. TREASURY BILL 11/05/202617.28%
  7. TREASURY BILL 03/11/202716.27%
  8. TREASURY BILL 04/08/202714.83%
  9. TREASURY BILL 02/04/202712.77%
  10. 8495538 TRS USD R E JMABQTXE TRS RE4.90%
Full holdings, sectors and countries
Dividend History
Benchmark Comparison
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Total Invested
$70,000
Final Portfolio
$108,830
Total Return
+$38,830
(+55.5%)
Dividends Reinvested
$0
compounded into portfolio
Defaults are seeded from historical performance and trailing twelve-month yield. Past performance is not a forecast. Feel free to adjust any input to model your own assumptions.
ETF Key Metrics
AUM$4.87B
NAV$34.79
Premium/Discount-2.90%
Expense Ratio0.68%
Market Cap$4.43B
Shares Outstanding124.70M
Inception DateFeb. 9, 2022
Fund Details
IssuerHarbor
Asset ClassCommodities
Beta0.78
SectorFinancial Services
DomicileUS
52-Week Range
$24.44$36.50
Current: $33.78
Volume
Volume1.21M
Avg Volume1.40M
Vol/Avg0.86x

30d

1.19M

60d

1.31M

90d

1.17M

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