COM vs. HGER

Last updated Jun 4, 2026

COM (Direxion Auspice Broad Commodity Strategy ETF) and HGER (Harbor Commodity All-Weather Strategy ETF) are both Commodities funds - COM tracks the Auspice Broad Commodity ER Index while HGER tracks the Quantix Commodity Index - Benchmark TR Net. Both are passively managed. Over the past 3 years, COM returned 7.16%/yr vs 21.26%/yr for HGER. A 0.72 correlation means they provide meaningful diversification when combined. COM charges 0.70%/yr vs 0.68%/yr for HGER.

Performance

COM vs. HGER - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Auspice Broad Commodity Strategy ETF (COM) and Harbor Commodity All-Weather Strategy ETF (HGER). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, COM achieves a 14.96% return, which is significantly lower than HGER's 28.12% return.

COM

• 1D: -0.76%
• 1M: -2.14%
• YTD: 14.96%
• 6M: 14.36%
• 1Y: 22.41%
• 3Y*: 7.16%
• 5Y*: 8.28%
• 10Y*: —

HGER

• 1D: -0.28%
• 1M: -2.72%
• YTD: 28.12%
• 6M: 27.93%
• 1Y: 41.90%
• 3Y*: 21.26%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

COM vs. HGER - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
COM Direxion Auspice Broad Commodity Strategy ETF	14.96%	7.72%	5.81%	-2.09%	3.19%
HGER Harbor Commodity All-Weather Strategy ETF	28.12%	20.08%	9.25%	1.93%	9.77%

Correlation

The correlation between COM and HGER is 0.76, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.76
Correlation (3Y) Calculated over the trailing 3-year period	0.76
Correlation (All Time) Calculated using the full available price history since Feb 11, 2022	0.72

The correlation between COM and HGER has been stable across timeframes, ranging from 0.72 to 0.76 - a consistent structural relationship.

Return for Risk

COM vs. HGER — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

COM

COM Risk / Return Rank: 70
COM Sharpe Ratio Rank: 64
COM Sortino Ratio Rank: 60
COM Omega Ratio Rank: 67
COM Calmar Ratio Rank: 87
COM Martin Ratio Rank: 75

HGER

HGER Risk / Return Rank: 78
HGER Sharpe Ratio Rank: 75
HGER Sortino Ratio Rank: 69
HGER Omega Ratio Rank: 76
HGER Calmar Ratio Rank: 88
HGER Martin Ratio Rank: 84

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

COM vs. HGER - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Auspice Broad Commodity Strategy ETF (COM) and Harbor Commodity All-Weather Strategy ETF (HGER). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	COM	HGER	Difference
Sharpe ratio: Return per unit of total volatility	2.16	2.50	-0.33
Sortino ratio: Return per unit of downside risk	2.89	3.23	-0.34
Omega ratio: Gain probability vs. loss probability	1.41	1.46	-0.05
Calmar ratio: Return relative to maximum drawdown	4.95	5.20	-0.25
Martin ratio: Return relative to average drawdown	14.37	17.52	-3.15
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

COM vs. HGER - Sharpe Ratio Comparison

The current COM Sharpe Ratio is 2.16, which is comparable to the HGER Sharpe Ratio of 2.50. The chart below compares the historical Sharpe Ratios of COM and HGER, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	COM	HGER	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.16	2.50	-0.33
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.87	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.72	0.90	-0.18

Drawdowns

COM vs. HGER - Drawdown Comparison

The maximum COM drawdown since its inception was -15.95%, smaller than the maximum HGER drawdown of -23.31%. Use the drawdown chart below to compare losses from any high point for COM and HGER.

Drawdown Indicators

	COM	HGER	Difference
Max Drawdown Largest peak-to-trough decline	-15.95%	-23.31%	+7.36%
Max Drawdown (1Y) Largest decline over 1 year	-4.55%	-8.09%	+3.54%
Max Drawdown (3Y) Largest decline over 3 years	-8.50%	-8.84%	+0.34%
Max Drawdown (5Y) Largest decline over 5 years	-14.02%	—	—
Current Drawdown Current decline from peak	-4.55%	-4.99%	+0.44%
Average Drawdown Average peak-to-trough decline	-6.28%	-7.66%	+1.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.56%	2.40%	-0.84%

Volatility

COM vs. HGER - Volatility Comparison

Direxion Auspice Broad Commodity Strategy ETF (COM) and Harbor Commodity All-Weather Strategy ETF (HGER) have volatilities of 4.04% and 4.02%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	COM	HGER	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.04%	4.02%	+0.02%
Volatility (6M) Calculated over the trailing 6-month period	8.60%	14.54%	-5.94%
Volatility (1Y) Calculated over the trailing 1-year period	10.41%	16.87%	-6.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.60%	17.62%	-8.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.77%	17.62%	-7.85%

COM vs. HGER - Expense Ratio Comparison

COM has a 0.70% expense ratio, which is higher than HGER's 0.68% expense ratio.

Dividends

COM vs. HGER - Dividend Comparison

COM's dividend yield for the trailing twelve months is around 2.46%, less than HGER's 5.53% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
COM Direxion Auspice Broad Commodity Strategy ETF	2.46%	2.99%	3.88%	3.80%	8.59%	10.32%	0.13%	1.09%	2.36%	0.09%
HGER Harbor Commodity All-Weather Strategy ETF	5.53%	7.09%	3.28%	7.24%	0.64%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both COM and HGER in my portfolio?

COM and HGER have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, COM or HGER?

COM has higher volatility (4.04%) compared to HGER (4.02%). In terms of maximum drawdown, COM dropped -15.95% vs HGER's -23.31%.

Which ETF is better, COM or HGER?

On 3-year performance, HGER leads with 21.26% vs 7.16% for COM. On fees, HGER is cheaper at 0.68% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, COM or HGER?

Over the 3-year period, HGER has performed better with a 21.26% return vs 7.16%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, COM or HGER?

HGER is cheaper with a 0.68% expense ratio, compared with 0.70% for COM.

Which ETF pays a higher dividend yield, COM or HGER?

HGER has the higher dividend yield at 5.53%, compared with 2.46% for COM.

What is the main difference between COM and HGER?

COM tracks Auspice Broad Commodity ER Index, while HGER tracks Quantix Commodity Index - Benchmark TR Net. They also come from different issuers: Direxion and Harbor. Their fees differ too: 0.70% for COM and 0.68% for HGER.

Which has better risk-adjusted returns?

HGER currently has the higher Sharpe Ratio (2.50 vs 2.16), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.