TALO vs. HGER
TALO (Talos Energy Inc.) is a stock, while HGER (Harbor Commodity All-Weather Strategy ETF) is Commodities fund tracking the Quantix Commodity Index - Benchmark TR Net. Over the past 3 years, TALO returned 3.43%/yr vs 21.26%/yr for HGER. At a 0.48 correlation, their price movements are largely independent.
Performance
TALO vs. HGER - Performance Comparison
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Returns By Period
In the year-to-date period, TALO achieves a 37.75% return, which is significantly higher than HGER's 28.12% return.
TALO
- 1D
- 1.47%
- 1M
- -6.30%
- YTD
- 37.75%
- 6M
- 28.86%
- 1Y
- 80.29%
- 3Y*
- 3.43%
- 5Y*
- -1.19%
- 10Y*
- —
HGER
- 1D
- -0.28%
- 1M
- -2.72%
- YTD
- 28.12%
- 6M
- 27.93%
- 1Y
- 41.90%
- 3Y*
- 21.26%
- 5Y*
- —
- 10Y*
- —
TALO vs. HGER - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
TALO Talos Energy Inc. | 37.75% | 13.49% | -31.76% | -24.63% | 63.75% |
HGER Harbor Commodity All-Weather Strategy ETF | 28.12% | 20.08% | 9.25% | 1.93% | 9.77% |
Correlation
The correlation between TALO and HGER is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.42 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.46 |
Correlation (All Time) Calculated using the full available price history since Feb 11, 2022 | 0.48 |
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Return for Risk
TALO vs. HGER — Risk / Return Rank
TALO
HGER
TALO vs. HGER - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Talos Energy Inc. (TALO) 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.
| TALO | HGER | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.84 | ||
| Sortino ratioReturn per unit of downside risk | -1.15 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.46 | -0.20 |
| Calmar ratioReturn relative to maximum drawdown | 4.36 | 5.20 | -0.85 |
| Martin ratioReturn relative to average drawdown | 10.94 | 17.52 | -6.58 |
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
| TALO | HGER | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.66 | 2.50 | -0.84 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.02 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.16 | 0.90 | -1.06 |
Drawdowns
TALO vs. HGER - Drawdown Comparison
The maximum TALO drawdown since its inception was -86.34%, which is greater than HGER's maximum drawdown of -23.31%. Use the drawdown chart below to compare losses from any high point for TALO and HGER.
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Drawdown Indicators
| TALO | HGER | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -86.34% | -23.31% | -63.03% |
Max Drawdown (1Y)Largest decline over 1 year | -18.53% | -8.09% | -10.44% |
Max Drawdown (3Y)Largest decline over 3 years | -63.16% | -8.84% | -54.32% |
Max Drawdown (5Y)Largest decline over 5 years | -74.63% | — | — |
Current DrawdownCurrent decline from peak | -59.49% | -4.99% | -54.50% |
Average DrawdownAverage peak-to-trough decline | -58.58% | -7.66% | -50.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.38% | 2.40% | +4.98% |
Volatility
TALO vs. HGER - Volatility Comparison
Talos Energy Inc. (TALO) has a higher volatility of 13.56% compared to Harbor Commodity All-Weather Strategy ETF (HGER) at 4.02%. This indicates that TALO's price experiences larger fluctuations and is considered to be riskier than HGER based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TALO | HGER | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.56% | 4.02% | +9.54% |
Volatility (6M)Calculated over the trailing 6-month period | 37.55% | 14.54% | +23.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 48.93% | 16.87% | +32.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 55.94% | 17.62% | +38.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 64.39% | 17.62% | +46.77% |
Dividends
TALO vs. HGER - Dividend Comparison
TALO has not paid dividends to shareholders, while HGER's dividend yield for the trailing twelve months is around 5.53%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
HGER Harbor Commodity All-Weather Strategy ETF | 5.53% | 7.09% | 3.28% | 7.24% | 0.64% |
TALO Talos Energy Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
TALO and HGER have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TALO has higher volatility (13.56%) compared to HGER (4.02%). In terms of maximum drawdown, TALO dropped -86.34% vs HGER's -23.31%.
HGER currently has the higher Sharpe Ratio (2.50 vs 1.66), 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.
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