HGER vs QQQ
Harbor Commodity All Weather Strategy ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. HGER delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | HGER | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.68% | 0.18% | |
| AUM | $4.0B | $496.3B | |
| Dividend Yield | 5.48% | 0.44% | |
| Holdings | 49 | 108 | |
| YTD Return | +42.53% | +16.64% | |
| 1Y Return | +53.13% | +27.27% | |
| 3Y Return (annualized) | +22.85% | +25.96% | |
| 5Y Return (annualized) | - | +14.54% | |
| Volatility (annualized) | 13.8% | 30.6% | |
| Max Drawdown | -23.3% | -83.0% | |
| Fund Family | Harbor Funds | Invesco (US) | |
| Category | Commodity | Equity | |
| Inception | Feb 9, 2022 | Mar 10, 1999 |
HGER vs QQQ Performance
Harbor Commodity All Weather Strategy ETF (HGER) is a ETF from Harbor Funds and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year HGER returned +53.13% while QQQ returned +27.27%. Year to date, HGER is up 42.53% versus a gain of 16.64% for QQQ.
Over three years, HGER compounded at +22.85% per year against +25.96% for QQQ. Across the full 5-year window we track, HGER has the edge at +17.58% annualized vs +13.03%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 13.8% for HGER. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -23.3% for HGER and -83.0% for QQQ. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.07. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
HGER charges 0.68% per year while QQQ charges 0.18%. On a $10,000 position that is $68 vs $18 annually, a gap of $50 per year that compounds over a long holding period. On income, HGER currently yields 5.48% against 0.44% for QQQ.
Frequently Asked Questions
Which is cheaper, HGER or QQQ?
HGER has an expense ratio of 0.68% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $50 per year of difference.
Which performed better, HGER or QQQ?
Over the past year HGER returned +53.13% vs +27.27% for QQQ, so HGER leads on 1-year performance. Over the longest common window we track (5 years), HGER annualized +17.58% vs +13.03% for QQQ. Past performance does not guarantee future results.
Which is riskier, HGER or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 13.8% for HGER. Worst drawdown: HGER -23.3% vs QQQ -83.0%.
Should I hold both HGER and QQQ?
HGER and QQQ have a monthly-return correlation of 0.07, so combining them can provide real diversification depending on your allocation goals.
Which pays a higher dividend, HGER or QQQ?
HGER yields 5.48% while QQQ yields 0.44%, so HGER currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.