FLTR vs. HGER
FLTR (VanEck IG Floating Rate ETF) and HGER (Harbor Commodity All-Weather Strategy ETF) are both exchange-traded funds - FLTR is a Corporate Bonds fund tracking the MVIS US Investment Grade Floating Rate Index, while HGER is a Commodities fund tracking the Quantix Commodity Index - Benchmark TR Net. Both are passively managed. Over the past 3 years, FLTR returned 5.95%/yr vs 18.61%/yr for HGER. Their 0.05 correlation means their historical movements had little consistent relationship. FLTR charges 0.14%/yr vs 0.68%/yr for HGER.
Performance
FLTR vs. HGER - Performance Comparison
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Returns By Period
In the year-to-date period, FLTR achieves a 2.70% return, which is significantly lower than HGER's 29.53% return.
FLTR
- 1D
- 0.08%
- 1M
- 0.31%
- 6M
- 2.30%
- YTD
- 2.70%
- 1Y
- 5.04%
- 3Y*
- 5.95%
- 5Y*
- 4.63%
- 10Y*
- 3.52%
- ALL TIME*
- 2.56%
HGER
- 1D
- 0.00%
- 1M
- 8.95%
- 6M
- 20.19%
- YTD
- 29.53%
- 1Y
- 40.17%
- 3Y*
- 18.61%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 15.44%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $35.76M | $33.35M | $28.52M | |
| $46.51M | $66.72M | $45.77M |
FLTR vs. HGER - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
FLTR VanEck IG Floating Rate ETF | 2.70% | 5.22% | 7.38% | 7.41% | 0.50% |
HGER Harbor Commodity All-Weather Strategy ETF | 29.53% | 20.08% | 9.25% | 1.93% | 9.66% |
Correlation
The correlation between FLTR and HGER is -0.02, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.02 |
Correlation (3Y) Balances recent behavior with more history. | 0.02 |
Correlation (All Time) Calculated using the full available price history since Feb 10, 2022 | 0.05 |
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Return for Risk
FLTR vs. HGER — Risk / Return Rank
FLTR
HGER
FLTR vs. HGER - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck IG Floating Rate ETF (FLTR) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FLTR | HGER | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +4.13 | ||
| Sortino ratioReturn per unit of downside risk | +8.89 | ||
| Omega ratioGain probability vs. loss probability | 2.96 | 1.41 | +1.55 |
| Calmar ratioReturn relative to maximum drawdown | 16.15 | 2.87 | +13.27 |
| Martin ratioReturn relative to average drawdown | 95.31 | 10.23 | +85.07 |
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Drawdowns
FLTR vs. HGER - Drawdown Comparison
The maximum FLTR drawdown since its inception was -17.84%, smaller than the maximum HGER drawdown of -23.31%. Use the drawdown chart below to compare losses from any high point for FLTR and HGER.
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Drawdown Indicators
| FLTR | HGER | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.84% | -23.31% | +5.47% |
Max Drawdown (1Y)Largest decline over 1 year | -0.31% | -14.04% | +13.73% |
Max Drawdown (3Y)Largest decline over 3 years | -1.93% | -14.04% | +12.11% |
Max Drawdown (5Y)Largest decline over 5 years | -3.06% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -17.84% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | -3.94% | +3.94% |
Average DrawdownAverage peak-to-trough decline | -0.67% | -7.66% | +6.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.05% | 3.94% | -3.89% |
Volatility
FLTR vs. HGER - Volatility Comparison
The current volatility for VanEck IG Floating Rate ETF (FLTR) is 0.17%, while Harbor Commodity All-Weather Strategy ETF (HGER) has a volatility of 5.64%. This indicates that FLTR experiences smaller price fluctuations and is considered to be less risky than HGER based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FLTR | HGER | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.17% | 5.64% | -5.47% |
Volatility (6M)Calculated over the trailing 6-month period | 0.65% | 15.43% | -14.78% |
Volatility (1Y)Calculated over the trailing 1-year period | 0.80% | 17.71% | -16.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.13% | 17.67% | -15.54% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.00% | 17.67% | -12.67% |
FLTR vs. HGER - Expense Ratio Comparison
FLTR has a 0.14% expense ratio, which is lower than HGER's 0.68% expense ratio.
Dividends
FLTR vs. HGER - Dividend Comparison
FLTR's dividend yield for the trailing twelve months is around 4.63%, less than HGER's 5.47% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLTR VanEck IG Floating Rate ETF | 4.63% | 4.97% | 5.93% | 6.07% | 2.29% | 0.63% | 1.49% | 3.05% | 2.67% | 1.69% | 1.16% | 0.71% |
HGER Harbor Commodity All-Weather Strategy ETF | 5.47% | 7.09% | 3.28% | 7.24% | 0.64% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
FLTR and HGER have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HGER has higher volatility (5.64%) compared to FLTR (0.17%). In terms of maximum drawdown, FLTR dropped -17.84% vs HGER's -23.31%.
On 3-year performance, HGER leads with 18.61% vs 5.95% for FLTR. On fees, FLTR is cheaper at 0.14% per year. On volatility, FLTR has been the lower-risk option at 0.17%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, HGER has performed better with a 18.61% return vs 5.95%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
FLTR is cheaper with a 0.14% expense ratio, compared with 0.68% for HGER.
HGER has the higher dividend yield at 5.47%, compared with 4.63% for FLTR.
FLTR is categorized as Corporate Bonds, while HGER is Commodities. FLTR tracks MVIS US Investment Grade Floating Rate Index, while HGER tracks Quantix Commodity Index - Benchmark TR Net. They also come from different issuers: VanEck and Harbor. Their fees differ too: 0.14% for FLTR and 0.68% for HGER.
FLTR currently has the higher Sharpe Ratio (6.40 vs 2.28), 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.
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