Data as of Oct 28, 2026.
HGER vs SPYG: Differences, Returns & Fees
Over the year to Oct 28, 2026, HGER returned +46.9% to SPYG's +12.2%; 0% of their weight is in the same names.
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Net assets: $5.0bn on Oct 28, 2026 for Harbor Commodity All-Weather Strategy ETF, and $55.9bn on Oct 27, 2026 for State Street SPDR Portfolio S&P 500 Growth ETF.
Pair scorecard
SPYG costs 0.64 points a year less; their one-year returns differ by 34.7 points; SPYG is 11.2 times larger.
| Measure | HGER | SPYG |
|---|---|---|
| Return | ||
| Total return, 1 year | +46.9% | +12.2% |
| Drawdown | ||
| Below its high | 4.1%, high on Oct 6, 2026 | |
| Benchmark | ||
| What it tracks | Quantix Commodity Index | S&P 500 Growth Index |
| Cost and size | ||
| Expense ratio | 0.68% | 0.04% |
| Net assets, as of Oct 27, 2026 | $5.0bn | $55.9bn |
| Holdings | ||
| Holdings in common | 0% | |
| Top ten holdings, share of the fund | 59.6% | |
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 +95.6%. HGER swung less: 17.0% to 20.3%. HGER fell less at its worst: −18.2% to −25.5%.
Full scorecard
9 measures, with how each is measured Open ↓
| Measure | HGER | SPYG | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +114.7% | +95.6% | HGER | Price change plus distributions, reinvested. |
| Annualized | +17.7% | +15.4% | HGER | Total return as a yearly rate. |
| Price return | +79.8% | +88.3% | SPYG (slight) | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 17.0% | 20.3% | HGER | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 10.0% | 13.2% | HGER | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −18.2% | −25.5% | HGER | Deepest fall from a high to the low after it. |
| Risk-adjusted | ||||
| Sharpe | 0.80 | 0.60 | HGER | Return above Treasury bills per unit of volatility. |
| Sortino | 1.35 | 0.92 | HGER | Return above Treasury bills per unit of downside deviation. |
| Calmar | 0.97 | 0.60 | 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 SPYG 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 SPYG on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
HGER and SPYG do different jobs. What does each one do in a portfolio?
- What each follows. HGER follows Quantix Commodity Index and SPYG follows S&P 500 Growth 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 SPYG +12.2% with distributions reinvested, a gap of 34.7 points.
Data as of Oct 28, 2026.
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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.
SPYG
SPYG tracks the S&P 500 Growth. Over the year to Oct 28, 2026 it returned +12.2% with distributions reinvested, against +12.1% for its benchmark, the S&P 500 Growth Index. The prospectus expense ratio is 0.04% a year. By its holdings published by its issuer for Oct 27, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 152 positions, with the top ten at 59.6%. It sat 4.1% below its high of Oct 6, 2026 on Oct 28, 2026.
Questions people ask
- Which returned more over the last year, HGER or SPYG?
- In the year to Oct 28, 2026, with distributions reinvested, HGER returned +46.9% and SPYG +12.2%.
- Which is cheaper, HGER or SPYG?
- SPYG is cheaper, by 0.64 percentage points a year. That is about $64 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.
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ETFIQ, HGER against SPYG, data as of Oct 28, 2026. https://etfiq.com/compare/any/hger-vs-spyg
ETFIQ. (Oct 28, 2026). HGER against SPYG. Retrieved from https://etfiq.com/compare/any/hger-vs-spyg
[HGER against SPYG (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/hger-vs-spyg)
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