OSEA vs. HGER

Last updated Apr 2, 2026

Compare and contrast key facts about Harbor International Compounders ETF (OSEA) and Harbor Commodity All-Weather Strategy ETF (HGER).

OSEA and HGER are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. OSEA is an actively managed fund by Harbor. It was launched on Sep 6, 2022. 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.

Performance

OSEA vs. HGER - Performance Comparison

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

OSEA vs. HGER - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
OSEA Harbor International Compounders ETF	-2.63%	18.49%	-0.73%	20.88%	9.77%
HGER Harbor Commodity All-Weather Strategy ETF	25.22%	20.08%	9.25%	1.93%	6.74%

Returns By Period

In the year-to-date period, OSEA achieves a -2.63% return, which is significantly lower than HGER's 25.22% return.

OSEA

• 1D: 1.74%
• 1M: -4.43%
• YTD: -2.63%
• 6M: -0.29%
• 1Y: 12.29%
• 3Y*: 7.54%
• 5Y*: —
• 10Y*: —

HGER

• 1D: 0.23%
• 1M: 6.26%
• YTD: 25.22%
• 6M: 29.21%
• 1Y: 37.94%
• 3Y*: 18.53%
• 5Y*: —
• 10Y*: —

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

OSEA vs. HGER - Expense Ratio Comparison

OSEA has a 0.55% expense ratio, which is lower than HGER's 0.68% expense ratio.

HGER

Harbor Commodity All-Weather Strategy ETF

OSEA

Harbor International Compounders ETF

Return for Risk

OSEA vs. HGER — Risk / Return Rank

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

OSEA

OSEA Risk / Return Rank: 37
OSEA Sharpe Ratio Rank: 36
OSEA Sortino Ratio Rank: 37
OSEA Omega Ratio Rank: 33
OSEA Calmar Ratio Rank: 40
OSEA Martin Ratio Rank: 41

HGER

HGER Risk / Return Rank: 93
HGER Sharpe Ratio Rank: 91
HGER Sortino Ratio Rank: 92
HGER Omega Ratio Rank: 90
HGER Calmar Ratio Rank: 96
HGER Martin Ratio Rank: 94

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.

OSEA vs. HGER - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Harbor International Compounders ETF (OSEA) and Harbor Commodity All-Weather Strategy ETF (HGER). 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.

	OSEA	HGER	Difference
Sharpe ratio Return per unit of total volatility	0.72	2.11	-1.39
Sortino ratio Return per unit of downside risk	1.13	2.78	-1.65
Omega ratio Gain probability vs. loss probability	1.14	1.39	-0.25
Calmar ratio Return relative to maximum drawdown	1.12	4.35	-3.23
Martin ratio Return relative to average drawdown	4.15	15.38	-11.23
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

OSEA vs. HGER - Sharpe Ratio Comparison

The current OSEA Sharpe Ratio is 0.72, which is lower than the HGER Sharpe Ratio of 2.11. The chart below compares the historical Sharpe Ratios of OSEA and HGER, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	OSEA	HGER	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.72	2.11	-1.39
Sharpe Ratio (All Time) Calculated using the full available price history	0.76	0.90	-0.14

Correlation

The correlation between OSEA and HGER is 0.17, 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

OSEA vs. HGER - Dividend Comparison

OSEA's dividend yield for the trailing twelve months is around 1.28%, less than HGER's 5.66% yield.

	TTM	2025	2024	2023	2022
OSEA Harbor International Compounders ETF	1.28%	1.24%	0.51%	0.65%	0.11%
HGER Harbor Commodity All-Weather Strategy ETF	5.66%	7.09%	3.28%	7.24%	0.64%

Drawdowns

OSEA vs. HGER - Drawdown Comparison

The maximum OSEA drawdown since its inception was -18.14%, smaller than the maximum HGER drawdown of -23.31%. Use the drawdown chart below to compare losses from any high point for OSEA and HGER.

Drawdown Indicators

	OSEA	HGER	Difference
Max Drawdown Largest peak-to-trough decline	-18.14%	-23.31%	+5.17%
Max Drawdown (1Y) Largest decline over 1 year	-11.08%	-8.84%	-2.24%
Current Drawdown Current decline from peak	-6.26%	-0.38%	-5.88%
Average Drawdown Average peak-to-trough decline	-3.85%	-7.90%	+4.05%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.98%	2.50%	+0.48%

Volatility

OSEA vs. HGER - Volatility Comparison

Harbor International Compounders ETF (OSEA) and Harbor Commodity All-Weather Strategy ETF (HGER) have volatilities of 7.00% and 7.23%, 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.

Volatility by Period

	OSEA	HGER	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.00%	7.23%	-0.23%
Volatility (6M) Calculated over the trailing 6-month period	10.90%	14.60%	-3.70%
Volatility (1Y) Calculated over the trailing 1-year period	17.24%	18.06%	-0.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.53%	17.78%	-1.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.53%	17.78%	-1.25%