Data as of Oct 28, 2026.
HGER vs IYR: Differences, Returns & Fees
Over the year to Oct 28, 2026, HGER returned +46.9% to IYR's +3.4%; 0% of their weight is in the same names.
askIQ about this page
askIQ about HGER and IYR
Net assets on Oct 28, 2026: $5.0bn for Harbor Commodity All-Weather Strategy ETF and $3.9bn for iShares U.S. Real Estate ETF.
Pair scorecard
IYR costs 0.31 points a year less; their one-year returns differ by 43.5 points; HGER is 1.3 times larger.
| Measure | HGER | IYR |
|---|---|---|
| Return | ||
| Total return, 1 year | +46.9% | +3.4% |
| Drawdown | ||
| Below its high | 8.6%, high on Jul 28, 2026 | |
| Benchmark | ||
| What it tracks | Quantix Commodity Index | Dow Jones U.S. Real Estate Capped Index |
| Cost and size | ||
| Expense ratio | 0.68% | 0.37% |
| Net assets | $5.0bn | $3.9bn |
| Holdings | ||
| Holdings in common | 0% | |
| Top ten holdings, share of the fund | 52.5% | |
Holdings in common uses holdings dated Jul 31, 2026 and Oct 27, 2026. Method
Risk and return
Feb 18, 2022 to Oct 23, 2026 · 244 weekly returnsHGER returned more: +114.7% to +9.6%. HGER swung slightly less: 17.0% to 18.7%. HGER fell less at its worst: −18.2% to −30.0%.
Full scorecard
9 measures, with how each is measured Open ↓
| Measure | HGER | IYR | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +114.7% | +9.6% | HGER | Price change plus distributions, reinvested. |
| Annualized | +17.7% | +2.0% | HGER | Total return as a yearly rate. |
| Price return | +79.8% | −3.1% | HGER | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 17.0% | 18.7% | HGER (slight) | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 10.0% | 13.0% | HGER | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −18.2% | −30.0% | HGER | Deepest fall from a high to the low after it. |
| Risk-adjusted | ||||
| Sharpe | 0.80 | −0.03 | HGER | Return above Treasury bills per unit of volatility. |
| Sortino | 1.35 | −0.04 | HGER | Return above Treasury bills per unit of downside deviation. |
| Calmar | 0.97 | 0.07 | HGER | Annualized return divided by the max drawdown. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 244 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, HGER and IYR hold 0% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Oct 27, 2026.
half
0% in common
Only in one fund ↓
Side by side
HGER and IYR on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
HGER and IYR do different jobs. What does each one do in a portfolio?
- What each follows. HGER follows Quantix Commodity Index and IYR follows Dow Jones U.S. Real Estate Capped Index.
- Holdings in common. 0% of the weight is in the same securities (holdings dated Jul 31, 2026 and Oct 27, 2026).
- One-year total return. Over 1 year to Oct 28, 2026 HGER returned +46.9% and IYR +3.4% with distributions reinvested, a gap of 43.5 points.
Data as of Oct 28, 2026.
The two-page PDF for this pair is coming. Save the comparison to follow its changes. Free. It needs an email sign-in, once.
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.
IYR
IYR tracks an index of U.S. Real Estate. Over the year to Oct 28, 2026 it returned +3.4% with distributions reinvested. The prospectus expense ratio is 0.37% a year. By its holdings published by its issuer for Oct 27, 2026, 80% of the fund by weight is stocks the S&P 500 also holds, across 59 positions, with the top ten at 52.5%. It sat 8.6% below its high of Jul 28, 2026 on Oct 28, 2026.
Questions people ask
- Which returned more over the last year, HGER or IYR?
- In the year to Oct 28, 2026, with distributions reinvested, HGER returned +46.9% and IYR +3.4%.
- Which is cheaper, HGER or IYR?
- IYR is cheaper, by 0.31 percentage points a year. That is about $31 on $10,000 held for a year. Fees come from each fund's prospectus.
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
Cite this pageCitation, APA and Markdown
ETFIQ, HGER against IYR, data as of Oct 28, 2026. https://etfiq.com/compare/any/hger-vs-iyr
ETFIQ. (Oct 28, 2026). HGER against IYR. Retrieved from https://etfiq.com/compare/any/hger-vs-iyr
[HGER against IYR (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/hger-vs-iyr)
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.