FAAR vs HGER: how they differ
FAAR and HGER hold 0% of their weight in the same names, and HGER returned +48.4% over the year. First Trust Alternative Absolute Return Strategy ETF and Harbor Commodity All-Weather Strategy ETF.
HGER costs 0.30 points a year less; their one-year returns differ by 28.7 points; HGER is far larger, $4.8bn against $241m.
| FAAR | HGER | |
|---|---|---|
| Expense ratio | 0.98% | 0.68% |
| Net assets, FAAR as of Oct 8, 2026 and HGER as of Oct 9, 2026 | $241m | $4.8bn |
| Total return, 1 year | +19.7% | +48.4% |
| Holdings in common | 0% | |
| Nasdaq-100, total return, 1 year | +23.6% | |
| Top ten holdings, share of the fund | 87.5% | |
| Below its high | 3.9%, high on May 18, 2026 | |
Holdings in common uses holdings dated Jun 30, 2026 and Jul 31, 2026.
What they hold in common
By the books each fund has filed, FAAR and HGER hold 0% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026 and Jul 31, 2026.
half
0% in common
On the same fields
FAAR and HGER on the fields both publish, as of Oct 9, 2026. Source: ETFIQ.
FAAR in plain words
FAAR is actively managed and tracks no index. The prospectus expense ratio is 0.98% a year. It sat 3.9% below its high of May 18, 2026 on Oct 9, 2026.
Over the year to Oct 9, 2026 it returned +19.7% with distributions reinvested, against +40.2% for its benchmark, the Bloomberg Commodity Index.
HGER in plain words
HGER tracks an index of Harbor Commodity All-Weather Strategy. Over the year to Oct 9, 2026 it returned +48.4% with distributions reinvested, against +17.3% for the S&P 500 and +23.6% for the Nasdaq-100. The prospectus expense ratio is 0.68% a year. By its holdings filed for Jul 31, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 7 positions, with the top ten at 87.5%.
Questions people ask
- Which returned more over the last year, FAAR or HGER?
- In the year to Oct 9, 2026, with distributions reinvested, FAAR returned +19.7% and HGER +48.4%.
- Which is cheaper, FAAR or HGER?
- HGER is cheaper, by 0.30 percentage points a year. On $10,000 held for a year that difference is about $30. Fees come from each fund's prospectus.
ETFIQ links to the documents behind every figure; a link is not an endorsement. A comparison is not a recommendation.
How this is computed
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed.
ETFIQ, FAAR against HGER, data as of Oct 9, 2026. https://etfiq.com/compare/any/faar-vs-hger
ETFIQ. (Oct 9, 2026). FAAR against HGER. Retrieved from https://etfiq.com/compare/any/faar-vs-hger
[FAAR against HGER (ETFIQ, Oct 9, 2026)](https://etfiq.com/compare/any/faar-vs-hger)
Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.