Data as of Oct 28, 2026.

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GARP vs HGER: Differences, Returns & Fees

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Over the year to Oct 28, 2026, GARP returned +18.0% to HGER's +46.9%; 0% of their weight is in the same names.

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Net assets: $3.6bn on Oct 27, 2026 for iShares MSCI USA Quality GARP ETF, and $5.0bn on Oct 28, 2026 for Harbor Commodity All-Weather Strategy ETF.

At a glance
+18.0%
GARP total return, 1 year
+46.9%
HGER total return, 1 year
0.15%
GARP expense ratio
0.68%
HGER expense ratio

Pair scorecard

GARP costs 0.53 points a year less; their one-year returns differ by 28.9 points; HGER is 1.4 times larger.

GARP vs HGER: Differences, Returns & Fees
MeasureGARPHGER
Return
Total return, 1 year+18.0%+46.9%
Drawdown
Below its high7.0%, high on Oct 6, 2026
Benchmark
What it tracksMSCI USA Quality GARP Select IndexQuantix Commodity Index
Cost and size
Expense ratio0.15%0.68%
Net assets, as of Oct 27, 2026$3.6bn$5.0bn
Holdings
Holdings in common0%
Top ten holdings, share of the fund43.5%

Holdings in common uses holdings dated Jul 31, 2026 and Oct 27, 2026. Method

What they share

0%

By the books each fund has filed, GARP and HGER hold 0% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Oct 27, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first GARP HGER
Only in one fund ↓
Only in GARP
MICROSOFT 5.67%
APPLE 5.66%
NVIDIA 5.18%
VISA CLASS A 5.13%
META PLATFORMS CLASS A 4.72%
MICRON TECHNOLOGY 4.61%
LAM RESEARCH 3.31%
CATERPILLAR INC 3.29%
Only in HGER
Check overlap with more funds →

Side by side

GARP iShares MSCI USA Quality GARP ETF HGER Harbor Commodity All-Weather Strategy ETF
Where it sits Stock ETF Commodity ETF
What it is Tracks the MSCI USA Quality GARP Tracks an index of Harbor Commodity All-Weather Strategy
Total return, 1 year +18.0% +46.9%
Its benchmark over the same days +13.3% (PBUS) not measured
Gap to its benchmark +4.7 pts vs PBUS not measured
Expense ratio 0.15% 0.68%
Already in the S&P 500 94.4% 0.0%
Holdings 131 0
Net assets, GARP as of Oct 27, 2026 and HGER as of Oct 28, 2026 $3.6bn $5.0bn

GARP and HGER on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

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About each fund
GARP

GARP tracks the MSCI USA Quality GARP. Over the year to Oct 28, 2026 it returned +18.0% with distributions reinvested, against +13.3% for its benchmark, the MSCI USA Index. The prospectus expense ratio is 0.15% a year. By its holdings published by its issuer for Oct 27, 2026, 94% of the fund by weight is stocks the S&P 500 also holds, across 131 positions, with the top ten at 43.5%. It sat 7.0% below its high of Oct 6, 2026 on Oct 28, 2026.

HGER

HGER tracks an index of Harbor Commodity All-Weather Strategy. Over the year to Oct 28, 2026 it returned +46.9% with distributions reinvested. 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 0 positions, with the top ten at not published.

Questions people ask

Which returned more over the last year, GARP or HGER?
In the year to Oct 28, 2026, with distributions reinvested, GARP returned +18.0% and HGER +46.9%.
Which is cheaper, GARP or HGER?
GARP is cheaper, by 0.53 percentage points a year. That is about $53 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do GARP and HGER overlap with the S&P 500?
By their latest filed holdings, 94% of GARP and 0% of HGER by weight is stocks the S&P 500 already holds.
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ETFIQ, GARP against HGER, data as of Oct 28, 2026. https://etfiq.com/compare/any/garp-vs-hger

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