HGER vs. MU
HGER (Harbor Commodity All-Weather Strategy ETF) is Commodities fund tracking the Quantix Commodity Index - Benchmark TR Net, while MU (Micron Technology, Inc.) is a stock. Over the past 3 years, HGER returned 18.60%/yr vs 149.71%/yr for MU. At a 0.11 correlation, their price movements are largely independent.
Performance
HGER vs. MU - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, HGER achieves a 23.17% return, which is significantly lower than MU's 243.32% return.
HGER
- 1D
- -0.84%
- 1M
- 0.86%
- 6M
- 20.50%
- YTD
- 23.17%
- 1Y
- 31.96%
- 3Y*
- 18.60%
- 5Y*
- —
- 10Y*
- —
MU
- 1D
- -1.24%
- 1M
- -1.65%
- 6M
- 183.94%
- YTD
- 243.32%
- 1Y
- 687.66%
- 3Y*
- 149.71%
- 5Y*
- 66.39%
- 10Y*
- 54.18%
HGER vs. MU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
HGER Harbor Commodity All-Weather Strategy ETF | 23.17% | 20.08% | 9.25% | 1.93% | 9.66% |
MU Micron Technology, Inc. | 243.32% | 240.24% | -0.96% | 71.93% | -42.84% |
Correlation
The correlation between HGER and MU is 0.10, 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 | 0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.14 |
Correlation (All Time) Calculated using the full available price history since Feb 10, 2022 | 0.11 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
HGER vs. MU — Risk / Return Rank
HGER
MU
HGER vs. MU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Harbor Commodity All-Weather Strategy ETF (HGER) and Micron Technology, Inc. (MU). 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 | MU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -7.36 | ||
| Sortino ratioReturn per unit of downside risk | -2.80 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.69 | -0.34 |
| Calmar ratioReturn relative to maximum drawdown | 2.39 | 23.23 | -20.85 |
| Martin ratioReturn relative to average drawdown | 8.73 | 83.25 | -74.53 |
Loading charts...
Drawdowns
HGER vs. MU - Drawdown Comparison
The maximum HGER drawdown since its inception was -23.31%, smaller than the maximum MU drawdown of -98.25%. Use the drawdown chart below to compare losses from any high point for HGER and MU.
Loading charts...
Drawdown Indicators
| HGER | MU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.31% | -98.25% | +74.94% |
Max Drawdown (1Y)Largest decline over 1 year | -14.04% | -30.28% | +16.24% |
Max Drawdown (3Y)Largest decline over 3 years | -14.04% | -57.63% | +43.59% |
Max Drawdown (5Y)Largest decline over 5 years | — | -57.63% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -57.63% | — |
Current DrawdownCurrent decline from peak | -8.66% | -19.29% | +10.63% |
Average DrawdownAverage peak-to-trough decline | -7.71% | -58.07% | +50.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.83% | 8.43% | -4.60% |
Volatility
HGER vs. MU - Volatility Comparison
The current volatility for Harbor Commodity All-Weather Strategy ETF (HGER) is 5.75%, while Micron Technology, Inc. (MU) has a volatility of 33.63%. This indicates that HGER experiences smaller price fluctuations and is considered to be less risky than MU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| HGER | MU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.75% | 33.63% | -27.88% |
Volatility (6M)Calculated over the trailing 6-month period | 15.35% | 62.19% | -46.84% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.37% | 75.68% | -58.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.67% | 54.75% | -37.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.67% | 50.65% | -32.98% |
Dividends
HGER vs. MU - Dividend Comparison
HGER's dividend yield for the trailing twelve months is around 5.75%, more than MU's 0.05% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
HGER Harbor Commodity All-Weather Strategy ETF | 5.75% | 7.09% | 3.28% | 7.24% | 0.64% | 0.00% |
MU Micron Technology, Inc. | 0.05% | 0.16% | 0.55% | 0.54% | 0.89% | 0.21% |
Frequently Asked Questions
HGER and MU have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MU has higher volatility (33.63%) compared to HGER (5.75%). In terms of maximum drawdown, HGER dropped -23.31% vs MU's -98.25%.
MU currently has the higher Sharpe Ratio (9.29 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.
Find the right allocation for HGER and MU
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer