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HGER vs OUNZ

Comparison between HARBOR COMMODITY ALL-WEATHER STRATEGY ETF (HGER, ETF) and VanEck Merk Gold Trust (OUNZ, ETF).

HGER vs OUNZ - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
HGER
$2.80B
OUNZ
$2.80B
Expense Ratio
HGER
0.68%
Winner
OUNZ
0.25%
Max Drawdown
HGER
23.31%
Winner
OUNZ
21.77%
Sharpe Ratio
Winner
HGER
2.18
OUNZ
1.25
5Y Beta
Winner
HGER
0.14
OUNZ
0.18

HGER vs OUNZ - Historical Returns

Returns include dividend reinvestment.

1M
Winner
HGER
+4.97%
OUNZ
-0.18%
3M
Winner
HGER
+18.92%
OUNZ
-7.06%
6M
Winner
HGER
+31.47%
OUNZ
+17.85%
1Y
Winner
HGER
+47.02%
OUNZ
+42.64%
5Y(CAGR)
HGER
+16.65%
Winner
OUNZ
+20.56%
10Y(CAGR)
HGER
N/A
OUNZ
+13.75%
Max(CAGR)
Winner
HGER
+16.65%
OUNZ
+11.05%

HGER vs OUNZ - Annual Returns (2014 - 2026)

Returns include dividend reinvestment.

YearHGEROUNZ
2026+31.63%+9.00%
2025+18.91%+61.59%
2024+10.26%+27.01%
2023+3.21%+11.98%
2022+9.77%+0.97%
2021N/A-6.17%
2020N/A+23.96%
2019N/A+17.90%
2018N/A-3.19%
2017N/A+12.03%
2016N/A+6.65%
2015N/A-11.15%
2014N/A-8.73%

HGER vs OUNZ Drawdown Comparison

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

The maximum drawdown for OUNZ was -21.77%, occurring on Dec 17, 2015. Recovery took 499 trading sessions.

The current HGER drawdown is -0.88%. The current OUNZ drawdown is -12.45%.

RankHGEROUNZ
#1-23.31%
Mar 8, 2022 - Jan 15, 2025
-21.77%
Jul 11, 2014 - Jul 5, 2016
#2-8.84%
Apr 2, 2025 - Jun 11, 2025
-21.76%
Aug 6, 2020 - Mar 1, 2024
#3-8.09%
Jan 29, 2026 - Feb 27, 2026
-19.14%
Jan 29, 2026 - Mar 26, 2026
#4-5.64%
Mar 12, 2026 - Apr 2, 2026
-17.58%
Jul 8, 2016 - Jun 20, 2019
#5-5.16%
Jun 20, 2025 - Sep 12, 2025
-12.51%
Mar 9, 2020 - Apr 9, 2020
#6-4.68%
Feb 18, 2025 - Mar 31, 2025
-10.10%
Oct 20, 2025 - Dec 22, 2025
#7-3.36%
Nov 11, 2025 - Jan 8, 2026
-8.10%
Oct 30, 2024 - Jan 30, 2025
#8-2.19%
Oct 20, 2025 - Oct 23, 2025
-7.12%
Apr 21, 2025 - Jun 13, 2025
#9-2.09%
Sep 16, 2025 - Sep 26, 2025
-6.57%
Sep 4, 2019 - Jan 6, 2020
#10-2.07%
Oct 8, 2025 - Oct 16, 2025
-5.75%
May 20, 2024 - Jul 16, 2024
#11-1.91%
Apr 7, 2026 - Apr 16, 2026
-4.93%
Dec 26, 2025 - Jan 12, 2026
#12-1.80%
Feb 14, 2022 - Feb 22, 2022
-4.91%
Feb 24, 2020 - Mar 5, 2020
#13-1.76%
Nov 3, 2025 - Nov 10, 2025
-4.84%
Mar 31, 2025 - Apr 10, 2025
#14-1.69%
Apr 16, 2026 - Apr 22, 2026
-4.84%
Jun 13, 2025 - Aug 29, 2025
#15-1.68%
Mar 6, 2026 - Mar 11, 2026
-4.38%
Jul 16, 2024 - Aug 12, 2024

Correlation

Correlation between HGER and OUNZ is 0.94 which considered as a very strong positive correlation - the stocks move almost identically together.

0.94
-101

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