HGER vs. PWS
Compare and contrast key facts about Harbor Commodity All-Weather Strategy ETF (HGER) and Pacer WealthShield ETF (PWS).
HGER and PWS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HGER is a passively managed fund by Harbor that tracks the performance of the Quantix Commodity Index - Benchmark TR Net. It was launched on Feb 9, 2022. PWS is a passively managed fund by Pacer that tracks the performance of the Pacer WealthShield Index. It was launched on Dec 11, 2017. Both HGER and PWS are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
HGER vs. PWS - Performance Comparison
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HGER vs. PWS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
HGER Harbor Commodity All-Weather Strategy ETF | 24.94% | 20.08% | 9.25% | 1.93% | 9.77% |
PWS Pacer WealthShield ETF | -0.91% | 8.05% | 14.01% | -3.58% | -5.89% |
Returns By Period
In the year-to-date period, HGER achieves a 24.94% return, which is significantly higher than PWS's -0.91% return.
HGER
- 1D
- 0.16%
- 1M
- 9.58%
- YTD
- 24.94%
- 6M
- 28.72%
- 1Y
- 38.09%
- 3Y*
- 18.44%
- 5Y*
- —
- 10Y*
- —
PWS
- 1D
- 0.28%
- 1M
- -3.73%
- YTD
- -0.91%
- 6M
- 0.33%
- 1Y
- 5.43%
- 3Y*
- 7.38%
- 5Y*
- 1.86%
- 10Y*
- —
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HGER vs. PWS - Expense Ratio Comparison
HGER has a 0.68% expense ratio, which is higher than PWS's 0.60% expense ratio.
Return for Risk
HGER vs. PWS — Risk / Return Rank
HGER
PWS
HGER vs. PWS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Harbor Commodity All-Weather Strategy ETF (HGER) and Pacer WealthShield ETF (PWS). 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.
| HGER | PWS | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.12 | 0.47 | +1.65 |
Sortino ratioReturn per unit of downside risk | 2.79 | 0.73 | +2.07 |
Omega ratioGain probability vs. loss probability | 1.39 | 1.09 | +0.30 |
Calmar ratioReturn relative to maximum drawdown | 4.51 | 1.03 | +3.48 |
Martin ratioReturn relative to average drawdown | 15.96 | 2.75 | +13.21 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| HGER | PWS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.12 | 0.47 | +1.65 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.15 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.89 | 0.31 | +0.59 |
Correlation
The correlation between HGER and PWS is 0.09, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
HGER vs. PWS - Dividend Comparison
HGER's dividend yield for the trailing twelve months is around 5.67%, more than PWS's 1.47% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
HGER Harbor Commodity All-Weather Strategy ETF | 5.67% | 7.09% | 3.28% | 7.24% | 0.64% | 0.00% | 0.00% | 0.00% | 0.00% |
PWS Pacer WealthShield ETF | 1.47% | 1.59% | 1.33% | 2.21% | 1.45% | 0.94% | 0.53% | 1.77% | 1.16% |
Drawdowns
HGER vs. PWS - Drawdown Comparison
The maximum HGER drawdown since its inception was -23.31%, smaller than the maximum PWS drawdown of -24.93%. Use the drawdown chart below to compare losses from any high point for HGER and PWS.
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Drawdown Indicators
| HGER | PWS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.31% | -24.93% | +1.62% |
Max Drawdown (1Y)Largest decline over 1 year | -8.84% | -6.15% | -2.69% |
Max Drawdown (5Y)Largest decline over 5 years | — | -24.93% | — |
Current DrawdownCurrent decline from peak | -0.61% | -4.70% | +4.09% |
Average DrawdownAverage peak-to-trough decline | -7.91% | -9.20% | +1.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.50% | 2.31% | +0.19% |
Volatility
HGER vs. PWS - Volatility Comparison
Harbor Commodity All-Weather Strategy ETF (HGER) has a higher volatility of 7.42% compared to Pacer WealthShield ETF (PWS) at 3.85%. This indicates that HGER's price experiences larger fluctuations and is considered to be riskier than PWS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HGER | PWS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.42% | 3.85% | +3.57% |
Volatility (6M)Calculated over the trailing 6-month period | 14.60% | 9.84% | +4.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.10% | 11.76% | +6.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.79% | 12.11% | +5.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.79% | 14.51% | +3.28% |