HGER vs. VOO
Compare and contrast key facts about Harbor Commodity All-Weather Strategy ETF (HGER) and Vanguard S&P 500 ETF (VOO).
HGER and VOO 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. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010. Both HGER and VOO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HGER or VOO.
Key characteristics
| HGER | VOO | |
|---|---|---|
| YTD Return | 5.38% | 19.30% |
| 1Y Return | 0.74% | 28.36% |
| Sharpe Ratio | 0.04 | 2.26 |
| Daily Std Dev | 12.12% | 12.63% |
| Max Drawdown | -23.31% | -33.99% |
| Current Drawdown | -7.09% | -0.28% |
Correlation
The correlation between HGER and VOO is 0.20, 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.
Performance
HGER vs. VOO - Performance Comparison
In the year-to-date period, HGER achieves a 5.38% return, which is significantly lower than VOO's 19.30% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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HGER vs. VOO - Expense Ratio Comparison
HGER has a 0.68% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
HGER vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Harbor Commodity All-Weather Strategy ETF (HGER) and Vanguard S&P 500 ETF (VOO). 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.
Dividends
HGER vs. VOO - Dividend Comparison
HGER's dividend yield for the trailing twelve months is around 6.87%, more than VOO's 1.28% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HGER Harbor Commodity All-Weather Strategy ETF | 6.87% | 7.24% | 0.64% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.28% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
HGER vs. VOO - Drawdown Comparison
The maximum HGER drawdown since its inception was -23.31%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for HGER and VOO. For additional features, visit the drawdowns tool.
Volatility
HGER vs. VOO - Volatility Comparison
Harbor Commodity All-Weather Strategy ETF (HGER) and Vanguard S&P 500 ETF (VOO) have volatilities of 4.05% and 3.92%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.