Data as of Oct 28, 2026.
HGER vs TIP: Differences, Returns & Fees
Over the year to Oct 28, 2026, HGER returned +46.9% to TIP's −1.0%; 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 $14.6bn on Oct 27, 2026 for iShares TIPS Bond ETF.
Pair scorecard
TIP costs 0.50 points a year less; their one-year returns differ by 47.9 points; TIP is 2.9 times larger.
| Measure | HGER | TIP |
|---|---|---|
| Return | ||
| Total return, 1 year | +46.9% | −1.0% |
| Benchmark | ||
| What it tracks | Quantix Commodity Index | ICE U.S. Treasury Inflation Linked Bond Index |
| Cost and size | ||
| Expense ratio | 0.68% | 0.18% |
| Net assets, as of Oct 27, 2026 | $5.0bn | $14.6bn |
| Holdings | ||
| Holdings in common | 0% | |
| In the S&P 500, by weight | 0% | |
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 +2.5%. TIP swung less: 5.6% to 17.0%. TIP fell less at its worst: −14.0% to −18.2%.
Full scorecard
9 measures, with how each is measured Open ↓
| Measure | HGER | TIP | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +114.7% | +2.5% | HGER | Price change plus distributions, reinvested. |
| Annualized | +17.7% | +0.5% | HGER | Total return as a yearly rate. |
| Price return | +79.8% | −14.4% | HGER | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 17.0% | 5.6% | TIP | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 10.0% | 4.2% | TIP | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −18.2% | −14.0% | TIP | Deepest fall from a high to the low after it. |
| Risk-adjusted | ||||
| Sharpe | 0.80 | −0.63 | HGER | Return above Treasury bills per unit of volatility. |
| Sortino | 1.35 | −0.83 | HGER | Return above Treasury bills per unit of downside deviation. |
| Calmar | 0.97 | 0.04 | 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 TIP 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 TIP on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
HGER and TIP do different jobs. What does each one do in a portfolio?
- What each follows. HGER follows Quantix Commodity Index and TIP follows ICE U.S. Treasury Inflation Linked Bond 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 TIP −1.0% with distributions reinvested, a gap of 47.9 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.
TIP
TIP tracks an index of TIPS Bond. Over the year to Oct 28, 2026 it returned −1.0% with distributions reinvested, against −0.8% for its benchmark, the ICE U.S. Treasury Inflation Linked Bond Index. The prospectus expense ratio is 0.18% a year.
Questions people ask
- Which returned more over the last year, HGER or TIP?
- In the year to Oct 28, 2026, with distributions reinvested, HGER returned +46.9% and TIP −1.0%.
- Which is cheaper, HGER or TIP?
- TIP is cheaper, by 0.50 percentage points a year. That is about $50 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 TIP, data as of Oct 28, 2026. https://etfiq.com/compare/any/hger-vs-tip
ETFIQ. (Oct 28, 2026). HGER against TIP. Retrieved from https://etfiq.com/compare/any/hger-vs-tip
[HGER against TIP (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/hger-vs-tip)
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