HGER vs. GEV
HGER (Harbor Commodity All-Weather Strategy ETF) is Commodities fund tracking the Quantix Commodity Index - Benchmark TR Net, while GEV (GE Vernova Inc.) is a stock. Over the past year, HGER returned 31.96% vs 103.01% for GEV. At a 0.06 correlation, their price movements are largely independent.
Performance
HGER vs. GEV - Performance Comparison
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Returns By Period
In the year-to-date period, HGER achieves a 23.17% return, which is significantly lower than GEV's 67.33% return.
HGER
- 1D
- -0.84%
- 1M
- 0.86%
- 6M
- 20.50%
- YTD
- 23.17%
- 1Y
- 31.96%
- 3Y*
- 18.60%
- 5Y*
- —
- 10Y*
- —
GEV
- 1D
- 1.52%
- 1M
- 20.44%
- 6M
- 75.55%
- YTD
- 67.33%
- 1Y
- 103.01%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
HGER vs. GEV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
HGER Harbor Commodity All-Weather Strategy ETF | 23.17% | 20.08% | 4.74% |
GEV GE Vernova Inc. | 67.33% | 99.02% | 186.24% |
Correlation
The correlation between HGER and GEV is -0.00, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.00 |
Correlation (All Time) Calculated using the full available price history since Mar 27, 2024 | 0.06 |
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Return for Risk
HGER vs. GEV — Risk / Return Rank
HGER
GEV
HGER vs. GEV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Harbor Commodity All-Weather Strategy ETF (HGER) and GE Vernova Inc. (GEV). 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.
| HGER | GEV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.07 | ||
| Sortino ratioReturn per unit of downside risk | -0.10 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.33 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 2.39 | 4.21 | -1.83 |
| Martin ratioReturn relative to average drawdown | 8.73 | 12.07 | -3.34 |
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Drawdowns
HGER vs. GEV - Drawdown Comparison
The maximum HGER drawdown since its inception was -23.31%, smaller than the maximum GEV drawdown of -38.29%. Use the drawdown chart below to compare losses from any high point for HGER and GEV.
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Drawdown Indicators
| HGER | GEV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.31% | -38.29% | +14.98% |
Max Drawdown (1Y)Largest decline over 1 year | -14.04% | -24.57% | +10.53% |
Max Drawdown (3Y)Largest decline over 3 years | -14.04% | — | — |
Current DrawdownCurrent decline from peak | -8.66% | -7.09% | -1.57% |
Average DrawdownAverage peak-to-trough decline | -7.71% | -6.99% | -0.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.83% | 8.56% | -4.73% |
Volatility
HGER vs. GEV - Volatility Comparison
The current volatility for Harbor Commodity All-Weather Strategy ETF (HGER) is 5.75%, while GE Vernova Inc. (GEV) has a volatility of 20.29%. This indicates that HGER experiences smaller price fluctuations and is considered to be less risky than GEV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HGER | GEV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.75% | 20.29% | -14.54% |
Volatility (6M)Calculated over the trailing 6-month period | 15.35% | 36.05% | -20.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.37% | 51.76% | -34.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.67% | 54.12% | -36.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.67% | 54.12% | -36.45% |
Dividends
HGER vs. GEV - Dividend Comparison
HGER's dividend yield for the trailing twelve months is around 5.75%, more than GEV's 0.18% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
GEV GE Vernova Inc. | 0.18% | 0.11% | 0.08% | 0.00% | 0.00% |
HGER Harbor Commodity All-Weather Strategy ETF | 5.75% | 7.09% | 3.28% | 7.24% | 0.64% |
Frequently Asked Questions
HGER and GEV have a correlation of -0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GEV has higher volatility (20.29%) compared to HGER (5.75%). In terms of maximum drawdown, HGER dropped -23.31% vs GEV's -38.29%.
GEV currently has the higher Sharpe Ratio (2.00 vs 1.93), 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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