HGER vs NAD

Comparison between HARBOR COMMODITY ALL-WEATHER STRATEGY ETF (HGER, ETF) and Nuveen Quality Municipal Income Fund (NAD, ETF).

HGER vs NAD - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HGER(ETF)	NAD(ETF)
Net Assets	$2.80B	$2.80B
Expense Ratio	0.68%	N/A
Max Drawdown	23.31%	51.92%
Sharpe Ratio	2.18	0.86
5Y Beta	0.14	0.22
5Y Dividends CAGR	N/A	6.06%

Net Assets

HGER

$2.80B

NAD

$2.80B

Expense Ratio

HGER

0.68%

NAD

N/A

Max Drawdown

Winner

HGER

23.31%

NAD

51.92%

Sharpe Ratio

Winner

HGER

2.18

NAD

0.86

5Y Beta

Winner

HGER

0.14

NAD

0.22

5Y Dividends CAGR

HGER

N/A

NAD

6.06%

HGER vs NAD - Historical Returns

Returns include dividend reinvestment.

Period	HGER	NAD
1 month	+4.97%	+1.45%
3 months	+18.92%	-0.23%
6 months	+31.47%	+4.80%
1 year	+47.02%	+12.84%
5 years(CAGR)	+16.65%	+0.58%
10 years(CAGR)	N/A	+2.72%
Max(CAGR)	+16.65%	+5.41%

Winner

HGER

+4.97%

NAD

+1.45%

Winner

HGER

+18.92%

NAD

-0.23%

Winner

HGER

+31.47%

NAD

+4.80%

Winner

HGER

+47.02%

NAD

+12.84%

5Y(CAGR)

Winner

HGER

+16.65%

NAD

+0.58%

10Y(CAGR)

HGER

N/A

NAD

+2.72%

Max(CAGR)

Winner

HGER

+16.65%

NAD

+5.41%

HGER vs NAD - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	HGER	NAD
2026	+31.63%	+1.69%
2025	+18.91%	+9.76%
2024	+10.26%	+8.94%
2023	+3.21%	-0.28%
2022	+9.77%	-22.45%
2021	N/A	+10.21%
2020	N/A	+10.73%
2019	N/A	+20.11%
2018	N/A	-5.76%
2017	N/A	+5.98%
2016	N/A	+2.05%
2015	N/A	+7.80%
2014	N/A	+19.78%
2013	N/A	-15.11%
2012	N/A	+12.07%
2011	N/A	+21.18%
2010	N/A	+1.99%
2009	N/A	+38.25%
2008	N/A	-21.38%
2007	N/A	-10.97%
2006	N/A	+13.53%
2005	N/A	+4.63%
2004	N/A	+2.48%
2003	N/A	+11.63%
2002	N/A	+9.42%
2001	N/A	+7.43%
2000	N/A	+15.65%
1999	N/A	-11.78%

HGER vs NAD Drawdown Comparison

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

The maximum drawdown for NAD was -44.61%, occurring on Oct 10, 2008. Recovery took 663 trading sessions.

The current HGER drawdown is -0.88%. The current NAD drawdown is -4.31%.

Rank	HGER	NAD
#1	-23.31% Mar 8, 2022 - Jan 15, 2025	-44.61% Jan 22, 2007 - Sep 8, 2009
#2	-8.84% Apr 2, 2025 - Jun 11, 2025	-35.57% Sep 15, 2021 - Oct 25, 2023
#3	-8.09% Jan 29, 2026 - Feb 27, 2026	-25.39% Mar 6, 2020 - Nov 16, 2020
#4	-5.64% Mar 12, 2026 - Apr 2, 2026	-21.47% Nov 30, 2012 - Dec 4, 2014
#5	-5.16% Jun 20, 2025 - Sep 12, 2025	-18.90% Sep 1, 2010 - Nov 22, 2011
#6	-4.68% Feb 18, 2025 - Mar 31, 2025	-17.47% Mar 9, 2004 - Jun 7, 2005
#7	-3.36% Nov 11, 2025 - Jan 8, 2026	-15.78% Nov 2, 1999 - Dec 8, 2000
#8	-2.19% Oct 20, 2025 - Oct 23, 2025	-15.38% Aug 12, 2016 - May 13, 2019
#9	-2.09% Sep 16, 2025 - Sep 26, 2025	-10.12% Jun 17, 2003 - Jan 7, 2004
#10	-2.07% Oct 8, 2025 - Oct 16, 2025	-9.48% Nov 6, 2001 - Jun 7, 2002
#11	-1.91% Apr 7, 2026 - Apr 16, 2026	-9.39% Oct 4, 2002 - May 1, 2003
#12	-1.80% Feb 14, 2022 - Feb 22, 2022	-8.80% Sep 9, 2005 - Aug 17, 2006
#13	-1.76% Nov 3, 2025 - Nov 10, 2025	-8.02% Oct 8, 2009 - Feb 1, 2010
#14	-1.69% Apr 16, 2026 - Apr 22, 2026	-6.14% Jan 30, 2015 - Nov 3, 2015
#15	-1.68% Mar 6, 2026 - Mar 11, 2026	-5.87% Mar 1, 2012 - May 3, 2012

Correlation

Correlation between HGER and NAD is 0.77 which considered as a strong positive correlation - the stocks tend to move together.

0.77

-101

Dividend Comparison (2000 - 2026)

HGER vs NAD dividend yield comparison.

Year	HGER	NAD
2026	0.00%	2.36%
2025	7.09%	7.37%
2024	3.28%	6.63%
2023	7.24%	4.13%
2022	0.64%	5.58%
2021	0.00%	4.43%
2020	0.00%	4.41%
2019	0.00%	4.40%
2018	0.00%	5.37%
2017	0.00%	5.42%
2016	0.00%	6.05%
2015	0.00%	5.96%
2014	0.00%	6.20%
2013	0.00%	7.10%
2012	0.00%	5.43%
2011	0.00%	6.07%
2010	0.00%	7.07%
2009	0.00%	6.27%
2008	0.00%	7.76%
2007	0.00%	5.99%
2006	0.00%	5.41%
2005	0.00%	6.70%
2004	0.00%	6.90%
2003	0.00%	6.47%
2002	0.00%	6.35%
2001	0.00%	6.14%
2000	0.00%	2.50%