Which returned more over the last year, GSG or HGER?

In the year to Oct 9, 2026, with distributions reinvested, GSG returned +57.4% and HGER +48.4%.

Which is cheaper, GSG or HGER?

HGER is cheaper, by 0.13 percentage points a year. On $10,000 held for a year that difference is about $13. Fees come from each fund's own filings.

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GSG vs HGER: how they differ

GSG is a commodity futures fund and HGER an equity index fund, and over the year GSG returned +57.4% against +48.4%. iShares GSCI Commodity-Indexed Trust Fund and Harbor Commodity All-Weather Strategy ETF.

HGER costs 0.13 points a year less; their one-year returns differ by 9.0 points; HGER is 4.7 times larger.

	GSG	HGER
Expense ratio	0.81%	0.68%
Net assets, GSG as of Oct 8, 2026 and HGER as of Oct 9, 2026	$1.0bn	$4.8bn
Total return, 1 year	+57.4%	+48.4%
Holdings in common	not published
Nasdaq-100, total return, 1 year		+23.6%
In the S&P 500, by weight		0%
Holdings dated		Jul 31, 2026
Top ten holdings, share of the fund		87.5%
Below its high	52.8%, high on Jul 2, 2008

+57.4%

GSG total return, 1 year

+48.4%

HGER total return, 1 year

0.81%

GSG expense ratio

0.68%

HGER expense ratio

On the same fields

GSG

iShares GSCI Commodity-Indexed Trust Fund

HGER

Harbor Commodity All-Weather Strategy ETF

Where it sits Commodity ETF Commodity ETF

Issuer iShares Harbor

What it is Holds commodity futures Tracks an index of Harbor Commodity All-Weather Strategy

Total return, 1 year +57.4% +48.4%

S&P 500 over the same days +17.3% +17.3%

Gap to the S&P 500 +40.1 pts +31.2 pts

Expense ratio 0.81% 0.68%

Holdings not read by ETFIQ 7

Net assets, GSG as of Oct 8, 2026 and HGER as of Oct 9, 2026 $1.0bn $4.8bn

GSG and HGER on the fields both publish, as of Oct 9, 2026. Source: ETFIQ.

GSG in plain words

GSG holds commodity futures. Over the year to Oct 9, 2026 it returned +57.4% with distributions reinvested. It sat 52.8% below its high of Jul 2, 2008 on Oct 9, 2026.

Its expense ratio is 0.81% a year, for the three months to Jun 30, 2026, as its 10-Q states.

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, GSG or HGER?: In the year to Oct 9, 2026, with distributions reinvested, GSG returned +57.4% and HGER +48.4%.
Which is cheaper, GSG or HGER?: HGER is cheaper, by 0.13 percentage points a year. On $10,000 held for a year that difference is about $13. Fees come from each fund's own filings.

Other comparisons

GSG vs NBCM BCI vs GSG GSG vs PDBC COMT vs GSG CMDT vs HGER CMDY vs HGER BCD vs HGER BCI vs HGER

GSG on its own →HGER on its own →Hold both: look the portfolio through →Rankings →Standards and sources →

Where these figures came from

GSG filings on SEC EDGAR ↗iShares page for GSG ↗HGER filings on SEC EDGAR ↗HGER prospectus with the expense ratio (SEC) ↗Harbor page for HGER ↗

ETFIQ links to the documents behind every figure; a link is not an endorsement. A comparison is not a recommendation.

Cite this page

ETFIQ, GSG against HGER, data as of Oct 9, 2026. https://etfiq.com/compare/any/gsg-vs-hger

Open data

Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.