- What are the top holdings of HGER?
- Harbor Commodity All-Weather Strategy ETF (HGER) holds 17 securities in total. The largest positions and their portfolio weights are listed on the Holdings tab.
- How many holdings does HGER have?
- HGER holds 17 positions as reported by the fund's most recent disclosure.
- What sectors does HGER invest in?
- Harbor Commodity All-Weather Strategy ETF (HGER) (HGER) allocates across the sectors shown above. The largest exposure tops the list; the rest follow in descending weight order.
- What sector is HGER most exposed to?
- HGER's full sector breakdown is on the Sectors tab. The largest sector weight is shown there along with the rest of the allocation.
- Is HGER a US-only fund?
- The country allocation card on this page shows HGER's geographic exposure. Funds with > 95% US weight are effectively US-only; international or global funds will show meaningful weights across multiple countries.
- What does HGER invest in?
- The Harbor Commodity All-Weather Strategy ETF (HGER) seeks to construct a diverse portfolio of commodities, specifically targeting those most responsive to U.S. consumer price inflation. Its selection methodology begins by pinpointing the 24 most actively traded commodity futures. These are then thoroughly assessed for their economic relevance and inherent quality, taking into account factors like market liquidity (open interest), associated costs (holding and trading), and their sensitivity to inflation. The underlying index generally includes a minimum of 15 commodity futures. Most of these assets are allocated weights ranging from 2% to 20%, with gold being an exception, potentially accounting for up to 40% of the portfolio. An exclusive, in-house developed "scarcity debasement" metric evaluates the prevailing inflationary conditions; this evaluation then informs the precise weighting of gold within the portfolio. The index undergoes rebalancing and reconstitution every three months. The index's performance is calculated on a total return basis, incorporating both gains from futures contracts and earnings derived from the strategic management of the fund's cash reserves. HGER conducts its investments predominantly via excess return swaps, utilizing a fully owned subsidiary based in the Cayman Islands. This operational structure is designed to exempt investors from receiving K-1 tax forms. Before March 6, 2023, this fund was known as the Harbor All-Weather Inflation Focus ETF and followed the Harbor Inflation Index.
