HGER vs. TILL

Last updated Jun 24, 2026

HGER (Harbor Commodity All-Weather Strategy ETF) and TILL (Teucrium Agricultural Strategy No K-1 ETF) are both Commodities funds. HGER is passively managed, while TILL is actively managed. Over the past 3 years, HGER returned 17.92%/yr vs -8.91%/yr for TILL. At a 0.41 correlation, their price movements are largely independent. HGER charges 0.68%/yr vs 0.89%/yr for TILL.

Performance

HGER vs. TILL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Harbor Commodity All-Weather Strategy ETF (HGER) and Teucrium Agricultural Strategy No K-1 ETF (TILL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HGER achieves a 18.53% return, which is significantly higher than TILL's 2.85% return.

HGER

• 1D: -0.51%
• 1M: -8.46%
• YTD: 18.53%
• 6M: 16.24%
• 1Y: 26.94%
• 3Y*: 17.92%
• 5Y*: —
• 10Y*: —

TILL

• 1D: -0.32%
• 1M: -7.52%
• YTD: 2.85%
• 6M: 1.90%
• 1Y: -3.91%
• 3Y*: -8.91%
• 5Y*: —
• 10Y*: —

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

HGER vs. TILL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
HGER Harbor Commodity All-Weather Strategy ETF	18.53%	20.08%	9.25%	1.93%	-4.68%
TILL Teucrium Agricultural Strategy No K-1 ETF	2.85%	-5.97%	-13.98%	-5.00%	-11.52%

Correlation

The correlation between HGER and TILL is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.35
Correlation (3Y) Calculated over the trailing 3-year period	0.37
Correlation (All Time) Calculated using the full available price history since May 17, 2022	0.41

Return for Risk

HGER vs. TILL — Risk / Return Rank

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

HGER

HGER Risk / Return Rank: 49
HGER Sharpe Ratio Rank: 48
HGER Sortino Ratio Rank: 46
HGER Omega Ratio Rank: 49
HGER Calmar Ratio Rank: 47
HGER Martin Ratio Rank: 54

TILL

TILL Risk / Return Rank: 6
TILL Sharpe Ratio Rank: 6
TILL Sortino Ratio Rank: 6
TILL Omega Ratio Rank: 6
TILL Calmar Ratio Rank: 5
TILL Martin Ratio Rank: 5

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. TILL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Harbor Commodity All-Weather Strategy ETF (HGER) and Teucrium Agricultural Strategy No K-1 ETF (TILL). 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	TILL	Difference
Sharpe ratio: Return per unit of total volatility	1.61	-0.31	+1.92
Sortino ratio: Return per unit of downside risk	2.19	-0.37	+2.56
Omega ratio: Gain probability vs. loss probability	1.30	0.96	+0.34
Calmar ratio: Return relative to maximum drawdown	2.24	-0.41	+2.65
Martin ratio: Return relative to average drawdown	9.09	-0.80	+9.88

HGER vs. TILL - Sharpe Ratio Comparison

The current HGER Sharpe Ratio is 1.61, which is higher than the TILL Sharpe Ratio of -0.31. The chart below compares the historical Sharpe Ratios of HGER and TILL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

HGER vs. TILL - Drawdown Comparison

The maximum HGER drawdown since its inception was -23.31%, smaller than the maximum TILL drawdown of -33.76%. Use the drawdown chart below to compare losses from any high point for HGER and TILL.

Drawdown Indicators

	HGER	TILL	Difference
Max Drawdown Largest peak-to-trough decline	-23.31%	-33.76%	+10.45%
Max Drawdown (1Y) Largest decline over 1 year	-12.10%	-9.60%	-2.50%
Max Drawdown (3Y) Largest decline over 3 years	-12.10%	-29.46%	+17.36%
Current Drawdown Current decline from peak	-12.10%	-30.98%	+18.88%
Average Drawdown Average peak-to-trough decline	-7.67%	-21.48%	+13.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.00%	4.93%	-1.93%

Volatility

HGER vs. TILL - Volatility Comparison

Harbor Commodity All-Weather Strategy ETF (HGER) has a higher volatility of 3.60% compared to Teucrium Agricultural Strategy No K-1 ETF (TILL) at 2.83%. This indicates that HGER's price experiences larger fluctuations and is considered to be riskier than TILL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HGER	TILL	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.60%	2.83%	+0.77%
Volatility (6M) Calculated over the trailing 6-month period	14.89%	10.35%	+4.54%
Volatility (1Y) Calculated over the trailing 1-year period	17.00%	12.65%	+4.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.59%	14.69%	+2.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.59%	14.69%	+2.90%

HGER vs. TILL - Expense Ratio Comparison

HGER has a 0.68% expense ratio, which is lower than TILL's 0.89% expense ratio.

Dividends

HGER vs. TILL - Dividend Comparison

HGER's dividend yield for the trailing twelve months is around 5.98%, more than TILL's 4.83% yield.

Position	TTM	2025	2024	2023	2022
HGER Harbor Commodity All-Weather Strategy ETF	5.98%	7.09%	3.28%	7.24%	0.64%
TILL Teucrium Agricultural Strategy No K-1 ETF	4.83%	4.97%	2.55%	51.24%	0.73%

Frequently Asked Questions

Can I hold both HGER and TILL in my portfolio?

HGER and TILL have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HGER or TILL?

HGER has higher volatility (3.60%) compared to TILL (2.83%). In terms of maximum drawdown, HGER dropped -23.31% vs TILL's -33.76%.

Which ETF is better, HGER or TILL?

On 3-year performance, HGER leads with 17.92% vs -8.91% for TILL. On fees, HGER is cheaper at 0.68% per year. On volatility, TILL has been the lower-risk option at 2.83%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, HGER or TILL?

Over the 3-year period, HGER has performed better with a 17.92% return vs -8.91%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, HGER or TILL?

HGER is cheaper with a 0.68% expense ratio, compared with 0.89% for TILL.

Which ETF pays a higher dividend yield, HGER or TILL?

HGER has the higher dividend yield at 5.98%, compared with 4.83% for TILL.

What is the main difference between HGER and TILL?

They also come from different issuers: Harbor and Teucrium. Their fees differ too: 0.68% for HGER and 0.89% for TILL.

Which has better risk-adjusted returns?

HGER currently has the higher Sharpe Ratio (1.61 vs -0.31), 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.