HGER vs. QAITX

Last updated Jul 16, 2026

HGER (Harbor Commodity All-Weather Strategy ETF) and QAITX (Q3 All-Weather Tactical Fund) are both funds - HGER is a Commodities fund tracking the Quantix Commodity Index - Benchmark TR Net, while QAITX is a Tactical Allocation fund managed by Q3 Asset Management Corporation. At a 0.06 correlation, their price movements are largely independent. HGER charges 0.68%/yr vs 1.36%/yr for QAITX.

Performance

HGER vs. QAITX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Harbor Commodity All-Weather Strategy ETF (HGER) and Q3 All-Weather Tactical Fund (QAITX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

HGER

• 1D: 0.57%
• 1M: 5.27%
• 6M: 22.77%
• YTD: 27.96%
• 1Y: 38.49%
• 3Y*: 19.53%
• 5Y*: —
• 10Y*: —

QAITX

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

HGER vs. QAITX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
HGER Harbor Commodity All-Weather Strategy ETF	27.96%	20.08%	9.25%	1.93%	9.66%
QAITX Q3 All-Weather Tactical Fund	6.52%	3.53%	16.11%	23.71%	-32.74%

Correlation

The correlation between HGER and QAITX 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 (3Y) Calculated over the trailing 3-year period	0.07
Correlation (All Time) Calculated using the full available price history since Feb 10, 2022	0.06

Return for Risk

HGER vs. QAITX — Risk / Return Rank

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

HGER

HGER Risk / Return Rank: 78
HGER Sharpe Ratio Rank: 86
HGER Sortino Ratio Rank: 83
HGER Omega Ratio Rank: 84
HGER Calmar Ratio Rank: 69
HGER Martin Ratio Rank: 69

QAITX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

HGER vs. QAITX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Harbor Commodity All-Weather Strategy ETF (HGER) and Q3 All-Weather Tactical Fund (QAITX). 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	QAITX	Difference
Sharpe ratio: Return per unit of total volatility	2.22	—	—
Sortino ratio: Return per unit of downside risk	2.95	—	—
Omega ratio: Gain probability vs. loss probability	1.40	—	—
Calmar ratio: Return relative to maximum drawdown	2.75	—	—
Martin ratio: Return relative to average drawdown	9.93	—	—

Drawdowns

Drawdown Indicators

	HGER	QAITX	Difference
Max Drawdown Largest peak-to-trough decline	-23.31%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-14.04%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-14.04%	—	—
Current Drawdown Current decline from peak	-5.11%	—	—
Average Drawdown Average peak-to-trough decline	-7.70%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	3.88%	—	—

Volatility

Volatility by Period

	HGER	QAITX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.01%	—	—
Volatility (6M) Calculated over the trailing 6-month period	15.43%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	17.46%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.68%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.68%	—	—

HGER vs. QAITX - Expense Ratio Comparison

HGER has a 0.68% expense ratio, which is lower than QAITX's 1.36% expense ratio.

Dividends

HGER vs. QAITX - Dividend Comparison

HGER's dividend yield for the trailing twelve months is around 5.54%, more than QAITX's 1.19% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
HGER Harbor Commodity All-Weather Strategy ETF	5.54%	7.09%	3.28%	7.24%	0.64%	0.00%	0.00%
QAITX Q3 All-Weather Tactical Fund	1.19%	1.85%	0.00%	0.00%	0.00%	7.77%	7.57%

Frequently Asked Questions

Can I hold both HGER and QAITX in my portfolio?

HGER and QAITX 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.