HGER vs QQQ
Harbor Commodity All Weather Strategy ETF vs Invesco QQQ Trust, Series 1
Which is better, HGER or QQQ?
Commodities against Large Cap Growth.
QQQ has a lower expense ratio. HGER led over 1Y and the full window, QQQ over 3Y.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | HGER | QQQ |
|---|---|---|
| Expense Ratio | 0.68% | 0.18%Best |
| AUM | $4.9B | $506.1B |
| Dividend Yield | 4.99% | 0.42% |
| Holdings | 31 | 321 |
| YTD Return | +46.78%Best | +19.30% |
| 1Y Return | +49.39%Best | +22.47% |
| 3Y Return (annualized) | +23.55% | +26.18%Best |
| 5Y Return (annualized) | - | +15.42% |
| Volatility (annualized) | 13.6%Best | 20.7% |
| Max Drawdown | -23.3%Best | -29.6% |
| $10,000 over 4.7 years | $21,528Best | $21,017 |
| Fund Family | Harbor Funds | Invesco (US) |
| Category | Commodity | Equity |
| Style | Commodities | Large Cap Growth |
| Inception | Feb 9, 2022 | Mar 10, 1999 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 4.7 years row, are measured over the window both funds cover: Feb 10, 2022 to Oct 14, 2026 (4.7 years).
HGER vs QQQ growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 4.7 years both funds cover.
HGER vs QQQ Performance
Harbor Commodity All Weather Strategy ETF (HGER) is an ETF from Harbor Funds and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year HGER returned +49.39% while QQQ returned +22.47%. Year to date, HGER is up 46.78% versus a gain of 19.30% for QQQ.
Over three years, HGER compounded at +23.55% per year against +26.18% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 20.7% compared with 13.6% for HGER. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -23.3% for HGER and -29.6% for QQQ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.07. They move largely independently of each other.
Fees and Cost Over Time
HGER charges 0.68% per year while QQQ charges 0.18%. On a $10,000 position that is $68 vs $18 annually, a gap of $50 per year that compounds over a long holding period. On income, HGER currently yields 4.99% against 0.42% for QQQ.
Holdings Overlap
We hold position weights for 1 holding in HGER and 101 in QQQ, totalling 13.2% and 99.6% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 1 positions we hold weights for in HGER and 101 in QQQ, against full books of 31 and 321.
You are not choosing between two funds in isolation.
Whichever of HGER and QQQ you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, HGER or QQQ?
HGER has an expense ratio of 0.68% while QQQ charges 0.18%. QQQ is the cheaper option, by $50 a year on a $10,000 investment.
Which performed better, HGER or QQQ?
Over the past year HGER returned +49.39% vs +22.47% for QQQ, so HGER leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, HGER or QQQ?
QQQ has been the more volatile fund at 20.7% annualized versus 13.6% for HGER. Worst drawdown: HGER -23.3% vs QQQ -29.6%.
Should I hold both HGER and QQQ?
HGER and QQQ have a monthly-return correlation of 0.07, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, HGER or QQQ?
HGER yields 4.99% while QQQ yields 0.42%, so HGER currently pays the higher dividend yield.
Is QQQ better than HGER?
QQQ has a lower expense ratio. HGER led over 1Y and the full window, QQQ over 3Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.