HGER Harbor Commodity All-weather Strategy ETF
TREND FOLLOWING PERFORMANCE HISTORY
2026-05-31
Executive Summary
The quantitative backtest for HGER (Harbor Commodity All-weather Strategy ETF) using the Excess Return MMA CA* strategy in a Trading context demonstrated its primary role in risk mitigation, experiencing a maximum drawdown of -10.9% (compared to the benchmark's drawdown of -11.6%). Over the evaluated period, this protective approach generated a Compound Annual Growth Rate (CAGR) of 12.5%, compared to a Buy-and-Hold benchmark return of 16.0%. The strategy executed 32 total trades.
* Excess Return MMA CA: Multi-Moving Average (Triple-Band) model utilizing sophisticated long/short cross durations optimized against volatility, with a month-end dynamic Cash Alternative sleeve rotation.
* Excess Return MMA CA: Multi-Moving Average (Triple-Band) model utilizing sophisticated long/short cross durations optimized against volatility, with a month-end dynamic Cash Alternative sleeve rotation.
📊 Mathematical Model
Excess Return MMA
Advanced Ensemble: Uses multiple signal layers for maximum trend stability and noise reduction.
Excess Return MMA CA Active
Advanced Dynamic Sleeve: MMA ensemble signals on the primary asset combined with a momentum-based cash alternative ETF rotation.
Excess Return SMA
Standard Signal: Classical quantitative trend following optimized for reliable directionality.
Available in Investing Mode
Moving Average (50/200)
Moving Average: The baseline 50/200-day crossover model used by technical analysts worldwide.
Available in Investing Mode
HGER Quality Metrics & KPI Summary
| Metric | 1Y | Full History | ||
|---|---|---|---|---|
| Strategy | B&H | Strategy | B&H | |
| CAGR | 41.14% | 42.89% | 12.46% | 15.99% |
| Sharpe Ratio | 2.10 | 2.11 | 1.06 | 0.99 |
| Max Drawdown | -8.09% | -8.09% | -10.93% | -11.59% |
| % Time Invested | 100.0% | 100.0% | 86.7% | 100.0% |
| Trades / Year | 2.0 | 0.0 | 8.5 | 0.0 |
Cumulative Growth Performance
Return Distribution Analysis
Trade History
This log shows every signal-driven transition. Completed trades reflect standard market cycles. An Open / Mark-to-Market exit denotes a position currently held active, valued at the latest price. Interest entries record cash yields accrued during out-of-market periods.
| Entry Date | Exit Date | Type | Allocation | Entry Price | Exit Price | Net Return % | Exit Reason |
|---|---|---|---|---|---|---|---|
| 2026-01-07 | Open | Open | 33.33% | $25.24 | $31.60 | 25.20% | Mark-to-Market |
| 2025-10-03 | Open | Open | 33.33% | $24.03 | $31.60 | 31.53% | Mark-to-Market |
| 2024-12-05 | Open | Open | 33.33% | $20.23 | $31.60 | 56.21% | Mark-to-Market |
| 2025-12-12 | 2026-01-07 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.26% | Interest Income |
| 2025-09-08 | 2025-12-12 | Completed | 33.33% | $23.53 | $24.96 | 6.08% | Signal |
| 2025-09-11 | 2025-10-03 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.37% | Interest Income |
| 2025-05-08 | 2025-09-11 | Completed | 33.33% | $22.11 | $23.91 | 8.15% | Signal |
| 2025-08-14 | 2025-09-08 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.24% | Interest Income |
| 2025-08-08 | 2025-08-14 | Completed | 33.33% | $22.89 | $22.76 | -0.57% | Signal |
| 2025-07-17 | 2025-08-08 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.29% | Interest Income |
| 2025-05-19 | 2025-07-17 | Completed | 33.33% | $22.20 | $22.88 | 3.07% | Signal |
| 2025-05-02 | 2025-05-19 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.16% | Interest Income |
| 2025-05-02 | 2025-05-08 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.05% | Interest Income |
| 2025-04-25 | 2025-05-01 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.07% | Interest Income |
| 2025-04-15 | 2025-05-01 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 0.73% | Interest Income |
| 2025-04-03 | 2025-04-25 | Completed | 33.33% | $21.90 | $22.48 | 2.64% | Signal |
| 2025-01-15 | 2025-04-15 | Completed | 33.33% | $21.33 | $21.91 | 2.71% | Signal |
| 2025-03-12 | 2025-04-03 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.33% | Interest Income |
| 2024-12-13 | 2025-03-12 | Completed | 33.33% | $20.73 | $21.54 | 3.93% | Signal |
| 2024-12-16 | 2025-01-15 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.47% | Interest Income |
| 2024-10-09 | 2024-12-16 | Completed | 33.33% | $20.53 | $20.83 | 1.45% | Signal |
| 2024-11-04 | 2024-12-13 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 0.63% | Interest Income |
| 2024-10-02 | 2024-12-05 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 1.06% | Interest Income |
| 2024-10-01 | 2024-11-04 | Completed | 33.33% | $20.40 | $20.69 | 1.42% | Signal |
| 2024-10-02 | 2024-10-09 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.18% | Interest Income |
| 2024-09-09 | 2024-10-01 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.34% | Interest Income |
| 2024-08-23 | 2024-10-01 | Interest (SHV) | 33.33% | $1.00 | $1.01 | 0.62% | Interest Income |
| 2024-08-02 | 2024-10-01 | Interest (SHV) | 33.33% | $1.00 | $1.01 | 0.96% | Interest Income |
| 2024-09-03 | 2024-09-09 | Completed | 33.33% | $19.80 | $19.37 | -2.19% | Signal |
| 2024-08-02 | 2024-09-03 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.47% | Interest Income |
| 2024-04-09 | 2024-08-23 | Completed | 33.33% | $20.88 | $19.64 | -5.93% | Signal |
| 2024-07-23 | 2024-08-01 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.14% | Interest Income |
| 2024-06-20 | 2024-08-01 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 0.66% | Interest Income |
| 2024-07-15 | 2024-07-23 | Completed | 33.33% | $20.34 | $20.17 | -0.85% | Signal |
| 2024-06-13 | 2024-07-15 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 0.57% | Interest Income |
| 2024-03-07 | 2024-06-20 | Completed | 33.33% | $19.43 | $20.62 | 6.09% | Signal |
| 2024-06-05 | 2024-06-13 | Completed | 33.33% | $20.33 | $20.37 | 0.22% | Signal |
| 2024-05-13 | 2024-06-05 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.35% | Interest Income |
| 2024-03-21 | 2024-05-13 | Completed | 33.33% | $19.82 | $20.59 | 3.87% | Signal |
| 2023-12-21 | 2024-04-09 | Interest (FLOT) | 33.33% | $1.00 | $1.02 | 2.34% | Interest Income |
| 2024-02-28 | 2024-03-21 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.40% | Interest Income |
| 2023-11-01 | 2024-03-07 | Interest (FLOT) | 33.33% | $1.00 | $1.02 | 2.39% | Interest Income |
| 2024-02-07 | 2024-02-28 | Completed | 33.33% | $19.04 | $18.87 | -0.85% | Signal |
| 2024-01-16 | 2024-02-07 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.49% | Interest Income |
| 2024-01-09 | 2024-01-16 | Completed | 33.33% | $18.68 | $18.79 | 0.58% | Signal |
| 2023-11-20 | 2024-01-09 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 0.92% | Interest Income |
| 2023-09-01 | 2023-12-21 | Completed | 33.33% | $19.44 | $19.08 | -1.83% | Signal |
| 2023-11-01 | 2023-11-20 | Completed | 33.33% | $19.32 | $18.86 | -2.40% | Signal |
| 2023-10-10 | 2023-11-01 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.39% | Interest Income |
| 2023-07-26 | 2023-11-01 | Completed | 33.33% | $19.28 | $19.32 | 0.22% | Signal |
| 2023-09-25 | 2023-10-10 | Completed | 33.33% | $19.61 | $18.98 | -3.22% | Signal |
| 2023-08-31 | 2023-09-25 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.44% | Interest Income |
| 2023-06-02 | 2023-09-01 | Interest (FLOT) | 33.33% | $1.00 | $1.02 | 1.68% | Interest Income |
| 2023-06-26 | 2023-08-31 | Completed | 33.33% | $17.90 | $19.27 | 7.67% | Signal |
| 2023-06-02 | 2023-07-26 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 0.98% | Interest Income |
| 2023-06-02 | 2023-06-26 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.44% | Interest Income |
| 2023-05-26 | 2023-06-01 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.11% | Interest Income |
| 2023-05-08 | 2023-06-01 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.31% | Interest Income |
| 2023-05-04 | 2023-06-01 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.36% | Interest Income |
| 2023-05-05 | 2023-05-26 | Completed | 33.33% | $18.17 | $17.95 | -1.21% | Signal |
| 2023-04-06 | 2023-05-08 | Completed | 33.33% | $19.29 | $18.33 | -5.02% | Signal |
| 2023-04-04 | 2023-05-05 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.41% | Interest Income |
| 2023-04-12 | 2023-05-04 | Completed | 33.33% | $19.05 | $18.01 | -5.44% | Signal |
| 2023-04-04 | 2023-04-12 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.10% | Interest Income |
| 2023-04-04 | 2023-04-06 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.09% | Interest Income |
| 2023-03-20 | 2023-04-03 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 1.23% | Interest Income |
| 2023-03-20 | 2023-04-03 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 1.23% | Interest Income |
| 2023-02-22 | 2023-04-03 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.08% | Interest Income |
| 2023-01-05 | 2023-03-20 | Completed | 33.33% | $17.99 | $17.95 | -0.19% | Stop |
| 2023-01-04 | 2023-03-20 | Completed | 33.33% | $18.20 | $17.95 | -1.34% | Stop |
| 2023-01-04 | 2023-02-22 | Completed | 33.33% | $18.20 | $18.45 | 1.39% | Signal |
| 2022-12-02 | 2023-01-05 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 0.74% | Interest Income |
| 2022-12-09 | 2023-01-04 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 0.68% | Interest Income |
| 2022-12-09 | 2023-01-04 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 0.68% | Interest Income |
| 2022-11-15 | 2022-12-09 | Completed | 33.33% | $18.52 | $17.79 | -3.94% | Stop |
| 2022-10-18 | 2022-12-09 | Completed | 33.33% | $17.37 | $17.79 | 2.41% | Stop |
| 2022-10-04 | 2022-12-01 | Interest (BIL) | 33.33% | $1.00 | $1.01 | 0.52% | Interest Income |
| 2022-10-04 | 2022-11-15 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.34% | Interest Income |
| 2022-10-04 | 2022-10-18 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.10% | Interest Income |
| 2022-09-16 | 2022-10-03 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | -0.20% | Interest Income |
| 2022-09-02 | 2022-10-03 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | -0.05% | Interest Income |
| 2022-09-02 | 2022-10-03 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | -0.05% | Interest Income |
| 2022-08-18 | 2022-09-16 | Completed | 33.33% | $18.05 | $17.36 | -3.80% | Signal |
| 2022-08-22 | 2022-09-01 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.09% | Interest Income |
| 2022-08-16 | 2022-09-01 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.13% | Interest Income |
| 2022-08-18 | 2022-08-22 | Completed | 33.33% | $18.05 | $18.08 | 0.19% | Signal |
| 2022-08-16 | 2022-08-18 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.00% | Interest Income |
| 2022-08-16 | 2022-08-18 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.00% | Interest Income |