Harbor Commodity ETF outperforms TIPS with 51% return amid rising inflation and energy prices

The Harbor Commodity All-Weather Strategy ETF (HGER) has delivered a 51% return over the past year, significantly outperforming the typical TIPS ETF, which returned only about a fifth of that. HGER invests in commodities most exposed to current inflation trends, with a heavy focus on gold and energy, allowing it to capture inflation-driven gains more directly than bond-based hedges. As inflation remains elevated, especially with energy prices surging, HGER offers a compelling alternative for investors seeking real-asset exposure, though its gold concentration and regime dependency pose risks. The fund has grown to $3 billion in assets, signaling rising investor interest in commodity-based inflation protection.