Data as of Oct 28, 2026.

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GLD vs HGER: Differences, Returns & Fees

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GLD is a commodity fund and HGER an equity index fund, and over the year to Oct 28, 2026, HGER returned +46.9% against +2.5%.

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Net assets: $135.8bn on Oct 27, 2026 for SPDR Gold Shares, and $5.0bn on Oct 28, 2026 for Harbor Commodity All-Weather Strategy ETF.

At a glance
+2.5%
GLD total return, 1 year
+46.9%
HGER total return, 1 year
0.40%
GLD expense ratio
0.68%
HGER expense ratio

Pair scorecard

GLD costs 0.28 points a year less; their one-year returns differ by 44.4 points; GLD is far larger, $135.8bn against $5.0bn.

GLD vs HGER: Differences, Returns & Fees
MeasureGLDHGER
Return
Total return, 1 year+2.5%+46.9%
Drawdown
Below its high24.7%, high on Jan 29, 2026
Benchmark
What it tracksGoldQuantix Commodity Index
Cost and size
Expense ratio0.40%0.68%
Net assets, as of Oct 27, 2026$135.8bn$5.0bn
Holdings
Holdings in commonnot published
In the S&P 500, by weight0%
Holdings datedJul 31, 2026

Method

Side by side

GLD SPDR Gold Shares HGER Harbor Commodity All-Weather Strategy ETF
Where it sits Commodity ETF Commodity ETF
What it is Holds gold Tracks an index of Harbor Commodity All-Weather Strategy
Total return, 1 year +2.5% +46.9%
Its benchmark over the same days +2.7% (IAU) not measured
Gap to its benchmark −0.2 pts vs IAU not measured
Expense ratio 0.40% 0.68%
Holdings not counted 0
Net assets, GLD as of Oct 27, 2026 and HGER as of Oct 28, 2026 $135.8bn $5.0bn

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

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About each fund
GLD

Its expense ratio is 0.40% a year, for the three months to Jun 30, 2026, as its 10-Q states.

GLD holds gold. Over the year to Oct 28, 2026 it returned +2.5% with distributions reinvested, against +2.7% for its benchmark, the price of gold. It sat 24.7% below its high of Jan 29, 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, GLD or HGER?
In the year to Oct 28, 2026, with distributions reinvested, GLD returned +2.5% and HGER +46.9%.
Which is cheaper, GLD or HGER?
GLD is cheaper, by 0.28 percentage points a year. That is about $28 on $10,000 held for a year. Fees come from each fund's own filings.
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ETFIQ, GLD against HGER, data as of Oct 28, 2026. https://etfiq.com/compare/any/gld-vs-hger

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