Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
HGER vs USO: how they differ
HGER is an equity index fund and USO a commodity fund, and over the year USO returned more, +112.2% against +52.8%.
Harbor Commodity All-Weather Strategy ETF and United States Oil Fund, LP.
| HGER Harbor Commodity All-Weather Strategy ETF | USO United States Oil Fund, LP | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Harbor | United |
| What it is | Harbor Commodity All-Weather Strategy | Oil |
| Total return, 1 year | +52.8% | +112.2% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +35.3 pts | +94.7 pts |
| Expense ratio | 0.68% | not published |
| Holdings | 7 | not filed |
HGER in plain words
HGER is an index equity fund tracking the Harbor Commodity All-Weather Strategy. Over the year to Sep 11, 2026 it returned +52.8% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.68% a year. By its holdings filed for Apr 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 7 positions, with the top ten at 100.0%.
USO in plain words
USO is a commodity fund tracking the Oil. Over the year to Sep 11, 2026 it returned +112.2% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. It sat 57.1% below its high of Apr 8, 2011 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, HGER or USO?
- In the year to Sep 12, 2026, with distributions reinvested, HGER returned +52.8% and USO returned +112.2%, so USO returned more. One year is one year; the longer windows are in the table.
Other comparisons
Where to next
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, HGER against USO, data as of Sep 12, 2026. https://etfiq.com/compare/any/HGER-USO Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources