HGER vs AAXJ

Comparison between HARBOR COMMODITY ALL-WEATHER STRATEGY ETF (HGER, ETF) and ISHARES MSCI ALL COUNTRY ASIA EX JAPAN ETF (AAXJ, ETF).

5-Year PerformanceHGER has outperformed AAXJ, delivering a return of +17.6% compared to +8.8%

HGER vs AAXJ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HGER(ETF)	AAXJ(ETF)
Net Assets	$3.70B	$3.70B
Expense Ratio	0.68%	0.72%
Max Drawdown	23.31%	49.37%
Sharpe Ratio	2.26	1.24
5Y Beta	0.12	0.90
5Y Dividends CAGR	N/A	11.41%

Net Assets

HGER

$3.70B

AAXJ

$3.70B

Expense Ratio

Winner

HGER

0.68%

AAXJ

0.72%

Max Drawdown

Winner

HGER

23.31%

AAXJ

49.37%

Sharpe Ratio

Winner

HGER

2.26

AAXJ

1.24

5Y Beta

Winner

HGER

0.12

AAXJ

0.90

5Y Dividends CAGR

HGER

N/A

AAXJ

11.41%

HGER vs AAXJ - Historical Returns

Returns include dividend reinvestment.

Period	HGER	AAXJ
1 month	+8.78%	+2.38%
3 months	+9.25%	+2.17%
6 months	+27.22%	+10.11%
1 year	+53.11%	+38.08%
5 years(CAGR)	+17.56%	+8.79%
10 years(CAGR)	N/A	+9.02%
Max(CAGR)	+17.56%	+6.65%

Winner

HGER

+8.78%

AAXJ

+2.38%

Winner

HGER

+9.25%

AAXJ

+2.17%

Winner

HGER

+27.22%

AAXJ

+10.11%

Winner

HGER

+53.11%

AAXJ

+38.08%

5Y(CAGR)

Winner

HGER

+17.56%

AAXJ

+8.79%

10Y(CAGR)

HGER

N/A

AAXJ

+9.02%

Max(CAGR)

Winner

HGER

+17.56%

AAXJ

+6.65%

HGER vs AAXJ - Annual Returns (2008 - 2026)

Returns include dividend reinvestment.

Year	HGER	AAXJ
2026	+42.53%	+21.55%
2025	+18.91%	+32.06%
2024	+10.26%	+12.32%
2023	+3.21%	+3.42%
2022	+9.77%	-20.91%
2021	N/A	-6.56%
2020	N/A	+21.04%
2019	N/A	+18.74%
2018	N/A	-16.78%
2017	N/A	+40.39%
2016	N/A	+7.84%
2015	N/A	-9.87%
2014	N/A	+6.28%
2013	N/A	-0.52%
2012	N/A	+20.37%
2011	N/A	-21.26%
2010	N/A	+13.23%
2009	N/A	+60.72%
2008	N/A	-32.98%

HGER vs AAXJ Drawdown Comparison

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

The maximum drawdown for AAXJ was -49.37%, occurring on Nov 20, 2008. Recovery took 232 trading sessions.

The current AAXJ drawdown is -6.35%.

Rank	HGER	AAXJ
#1	-23.31% Mar 8, 2022 - Jan 15, 2025	-49.37% Aug 15, 2008 - Jul 20, 2009
#2	-14.04% May 12, 2026 - Aug 11, 2026	-44.50% Feb 17, 2021 - Oct 20, 2025
#3	-8.84% Apr 2, 2025 - Jun 11, 2025	-32.99% Jan 26, 2018 - Oct 9, 2020
#4	-8.09% Jan 29, 2026 - Feb 27, 2026	-31.09% Apr 27, 2015 - May 25, 2017
#5	-5.64% Mar 12, 2026 - Apr 2, 2026	-29.50% Apr 21, 2011 - May 16, 2014
#6	-5.16% Jun 20, 2025 - Sep 12, 2025	-15.57% Apr 14, 2010 - Sep 20, 2010
#7	-4.68% Feb 18, 2025 - Mar 31, 2025	-14.94% Jun 22, 2026 - Jul 29, 2026
#8	-3.36% Nov 11, 2025 - Jan 8, 2026	-14.07% Jan 11, 2010 - Apr 1, 2010
#9	-2.19% Oct 20, 2025 - Oct 23, 2025	-13.66% Feb 25, 2026 - Apr 17, 2026
#10	-2.09% Sep 16, 2025 - Sep 26, 2025	-10.90% Sep 5, 2014 - Apr 8, 2015
#11	-2.07% Oct 8, 2025 - Oct 16, 2025	-9.49% Nov 5, 2010 - Apr 21, 2011
#12	-1.91% Apr 7, 2026 - Apr 16, 2026	-9.25% Jun 2, 2026 - Jun 18, 2026
#13	-1.80% Feb 14, 2022 - Feb 22, 2022	-8.35% Aug 3, 2009 - Sep 10, 2009
#14	-1.76% Nov 3, 2025 - Nov 10, 2025	-8.19% Oct 19, 2009 - Nov 16, 2009
#15	-1.69% Apr 16, 2026 - Apr 22, 2026	-6.51% Jul 20, 2009 - Aug 3, 2009

Correlation

Correlation between HGER and AAXJ is 0.95 which considered as a very strong positive correlation - the stocks move almost identically together.

0.95

-101

Dividend Comparison (2008 - 2026)

HGER vs AAXJ dividend yield comparison.

Year	HGER	AAXJ
2026	0.00%	0.36%
2025	7.09%	1.81%
2024	3.28%	1.86%
2023	7.24%	1.95%
2022	0.64%	1.74%
2021	0.00%	2.21%
2020	0.00%	1.06%
2019	0.00%	1.83%
2018	0.00%	2.10%
2017	0.00%	1.99%
2016	0.00%	1.77%
2015	0.00%	2.44%
2014	0.00%	1.78%
2013	0.00%	1.77%
2012	0.00%	1.73%
2011	0.00%	2.11%
2010	0.00%	1.51%
2009	0.00%	1.26%
2008	0.00%	0.19%