CALF vs HGER

Comparison between PACER US SMALL CAP CASH COWS ETF (CALF, ETF) and HARBOR COMMODITY ALL-WEATHER STRATEGY ETF (HGER, ETF).

5-Year PerformanceHGER has outperformed CALF, delivering a return of +17.6% compared to +7.7%

CALF vs HGER - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CALF(ETF)	HGER(ETF)
Net Assets	$3.70B	$3.70B
Expense Ratio	0.59%	0.68%
Max Drawdown	48.84%	23.31%
Sharpe Ratio	1.94	2.26
5Y Beta	0.92	0.12
P/E Ratio	18.80	N/A
Forward P/E	11.62	N/A
5Y Dividends CAGR	30.25%	N/A
5Y EPS CAGR	19.61%	N/A
Debt to Equity	1116.57%	N/A
P/S Ratio	1.04	N/A
P/B Ratio	2.36	N/A

Net Assets

CALF

$3.70B

HGER

$3.70B

Expense Ratio

Winner

CALF

0.59%

HGER

0.68%

Max Drawdown

CALF

48.84%

Winner

HGER

23.31%

Sharpe Ratio

CALF

1.94

Winner

HGER

2.26

5Y Beta

CALF

0.92

Winner

HGER

0.12

P/E Ratio

CALF

18.80

HGER

N/A

Forward P/E

CALF

11.62

HGER

N/A

5Y Dividends CAGR

CALF

30.25%

HGER

N/A

5Y EPS CAGR

CALF

19.61%

HGER

N/A

Debt to Equity

CALF

1116.57%

HGER

N/A

P/S Ratio

CALF

1.04

HGER

N/A

P/B Ratio

CALF

2.36

HGER

N/A

CALF vs HGER - Historical Returns

Returns include dividend reinvestment.

Period	CALF	HGER
1 month	+10.33%	+8.78%
3 months	+20.90%	+9.25%
6 months	+24.14%	+27.22%
1 year	+39.42%	+53.11%
5 years(CAGR)	+7.74%	+17.56%
10 years(CAGR)	+11.07%	N/A
Max(CAGR)	+11.07%	+17.56%

Winner

CALF

+10.33%

HGER

+8.78%

Winner

CALF

+20.90%

HGER

+9.25%

CALF

+24.14%

Winner

HGER

+27.22%

CALF

+39.42%

Winner

HGER

+53.11%

5Y(CAGR)

CALF

+7.74%

Winner

HGER

+17.56%

10Y(CAGR)

CALF

+11.07%

HGER

N/A

Max(CAGR)

CALF

+11.07%

Winner

HGER

+17.56%

CALF vs HGER - Annual Returns (2017 - 2026)

Returns include dividend reinvestment.

Year	CALF	HGER
2026	+29.42%	+42.53%
2025	+2.23%	+18.91%
2024	-7.23%	+10.26%
2023	+36.96%	+3.21%
2022	-16.31%	+9.77%
2021	+41.29%	N/A
2020	+16.66%	N/A
2019	+16.62%	N/A
2018	-10.96%	N/A
2017	+5.77%	N/A

CALF vs HGER Drawdown Comparison

The maximum drawdown for CALF was -47.57%, occurring on Mar 23, 2020. Recovery took 568 trading sessions.

The maximum drawdown for HGER was -23.31%, occurring on Sep 26, 2022. Recovery took 717 trading sessions.

Rank	CALF	HGER
#1	-47.57% Aug 22, 2018 - Nov 23, 2020	-23.31% Mar 8, 2022 - Jan 15, 2025
#2	-34.22% Mar 28, 2024 - Apr 20, 2026	-14.04% May 12, 2026 - Aug 11, 2026
#3	-30.18% Nov 16, 2021 - Dec 11, 2023	-8.84% Apr 2, 2025 - Jun 11, 2025
#4	-12.36% Jul 20, 2017 - Oct 3, 2017	-8.09% Jan 29, 2026 - Feb 27, 2026
#5	-9.74% Mar 12, 2021 - May 3, 2021	-5.64% Mar 12, 2026 - Apr 2, 2026
#6	-9.32% Jun 8, 2021 - Nov 3, 2021	-5.16% Jun 20, 2025 - Sep 12, 2025
#7	-8.80% Jan 22, 2018 - Apr 12, 2018	-4.68% Feb 18, 2025 - Mar 31, 2025
#8	-7.90% Oct 5, 2017 - Dec 4, 2017	-3.36% Nov 11, 2025 - Jan 8, 2026
#9	-6.43% Dec 27, 2023 - Feb 12, 2024	-2.19% Oct 20, 2025 - Oct 23, 2025
#10	-6.02% May 7, 2021 - May 17, 2021	-2.09% Sep 16, 2025 - Sep 26, 2025
#11	-5.68% Apr 18, 2018 - May 16, 2018	-2.07% Oct 8, 2025 - Oct 16, 2025
#12	-4.67% Jun 1, 2026 - Jul 2, 2026	-1.91% Apr 7, 2026 - Apr 16, 2026
#13	-4.47% Jun 20, 2018 - Aug 21, 2018	-1.80% Feb 14, 2022 - Feb 22, 2022
#14	-4.25% Jan 26, 2021 - Feb 4, 2021	-1.76% Nov 3, 2025 - Nov 10, 2025
#15	-4.11% Nov 24, 2020 - Dec 4, 2020	-1.69% Apr 16, 2026 - Apr 22, 2026