- ISIN
- US4165288758
- Issuer
- Hartford
- Inception Date
- Mar 30, 1983
- Category
- Diversified Portfolio
- Min. Investment
- $0
- Distribution Policy
- Distributing
- Asset Class
- Multi-Asset
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
HADAX Performance Chart
Hartford Balanced HLS Fund (HADAX) is up 5.5% since the beginning of the year. HADAX is currently trading at $31 per share. Investors who bought $1,000 worth of HADAX shares 5 years ago would now be looking at an investment worth $1,421.
Loading charts...
Returns By Period
Hartford Balanced HLS Fund (HADAX) has returned 5.50% so far this year and 15.09% over the past 12 months. Over the last ten years, HADAX has returned 9.17% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Hartford Balanced HLS Fund
- 1D
- 0.59%
- 1M
- 0.06%
- YTD
- 5.50%
- 6M
- 5.25%
- 1Y
- 15.09%
- 3Y*
- 12.16%
- 5Y*
- 7.28%
- 10Y*
- 9.17%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
HADAX Monthly Returns History
Based on dividend-adjusted daily data since Mar 31, 1983, HADAX's average daily return is +0.19%, while the average monthly return is +3.80%. At this rate, an investment would double in approximately 1.5 years.
Historically, 61% of months were positive and 39% were negative. The best month was Oct 1995 with a return of +920.8%, while the worst month was Jan 1987 at -90.0%. The longest winning streak lasted 12 consecutive months, and the longest losing streak was 5 months.
On a daily basis, HADAX closed higher 40% of trading days. The best single day was Oct 3, 1995 with a return of +926.2%, while the worst single day was Jan 2, 1987 at -90.0%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.72% | -0.47% | -3.88% | 7.80% | 2.43% | -0.83% | 5.50% | ||||||
| 2025 | 3.41% | -1.09% | -3.23% | 0.00% | 3.03% | 3.61% | 0.81% | 0.97% | 1.04% | 1.68% | 0.67% | 0.78% | 12.10% |
| 2024 | 0.49% | 2.04% | 2.41% | -3.28% | 2.74% | 1.87% | 2.65% | 2.29% | 1.09% | -1.37% | 3.52% | -3.37% | 11.30% |
| 2023 | 4.80% | -2.98% | 2.02% | 1.50% | -1.63% | 3.56% | 2.52% | -1.59% | -3.11% | -2.58% | 7.14% | 4.89% | 14.79% |
| 2022 | -3.30% | -2.01% | -0.06% | -5.48% | 1.35% | -5.19% | 5.41% | -3.74% | -6.85% | 4.65% | 5.13% | -3.51% | -13.70% |
| 2021 | -0.98% | 2.50% | 3.93% | 3.91% | 1.36% | 0.74% | 1.98% | 1.66% | -3.46% | 4.11% | -1.42% | 4.10% | 19.69% |
Benchmark Metrics
Hartford Balanced HLS Fund has an annualized alpha of 51.69%, beta of 0.49, and R2 of 0.00 versus S&P 500 Index. Calculated based on daily prices since March 31, 1983.
- This fund captured 30.69% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -17.73%) - a profile typical of hedging or uncorrelated assets.
- Beta of 0.49 may look defensive, but with R2 of 0.00 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
- R2 of 0.00 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 51.69%
- Beta
- 0.49
- R²
- 0.00
- Upside Capture
- 30.69%
- Downside Capture
- -17.73%
Expense Ratio
HADAX has an expense ratio of 0.62%, placing it in the medium range.
Return for Risk
Risk / Return Rank
HADAX ranks 37 for risk / return — below 37% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Hartford Balanced HLS Fund (HADAX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| HADAX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.40 | ||
| Sortino ratioReturn per unit of downside risk | -0.48 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.37 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 2.12 | 2.78 | -0.67 |
| Martin ratioReturn relative to average drawdown | 8.79 | 12.44 | -3.65 |
Dividends
Dividend History
Hartford Balanced HLS Fund provided a 11.28% dividend yield over the last twelve months, with an annual payout of $3.49 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $3.49 | $3.49 | $2.66 | $1.33 | $4.55 | $2.23 | $2.09 | $3.19 | $2.00 | $0.71 | $0.77 | $0.52 |
Dividend yield | 11.28% | 11.90% | 9.05% | 4.62% | 17.33% | 6.29% | 6.62% | 10.54% | 7.27% | 2.29% | 2.80% | 1.95% |
Monthly Dividends
The table displays the monthly dividend distributions for Hartford Balanced HLS Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.70 | $0.00 | $0.00 | $0.00 | $0.79 | $3.49 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.83 | $0.00 | $0.00 | $0.00 | $0.82 | $2.66 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.81 | $0.00 | $0.00 | $0.00 | $0.52 | $1.33 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $4.14 | $0.00 | $0.00 | $0.00 | $0.42 | $4.55 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.60 | $0.00 | $0.00 | $0.00 | $0.63 | $2.23 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the Hartford Balanced HLS Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Hartford Balanced HLS Fund was 90.79%, occurring on Dec 1, 1987. Recovery took 1887 trading sessions.
The current Hartford Balanced HLS Fund drawdown is 1.44%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Black Monday1987 | -90.79%Dec 1987 | 11mo 25d | 7y 10mo | 8y 9moDec 1986 - Oct 1995 |
Financial crisis2007–2009 | -46.53%Mar 2009 | 8y 11mo | 2y 11mo | 11y 10moApr 2000 - Feb 2012 |
COVID crash2020 | -26.36%Mar 2020 | 1mo 9d | 5mo 8d | 6mo 17dFeb 2020 - Aug 2020 |
Bear market2022 | -18.82%Sep 2022 | 9mo 4d | 1y 4mo | 2y 1moDec 2021 - Jan 2024 |
Rate-hike selloffLate 2018 | -13.19%Dec 2018 | 3mo 1d | 3mo 23d | 6mo 24dSep 2018 - Apr 2019 |
Drawdown Indicators
| HADAX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.79% | -56.78% | -34.01% |
Max Drawdown (1Y)Largest decline over 1 year | -6.99% | -9.10% | +2.11% |
Max Drawdown (3Y)Largest decline over 3 years | -10.78% | -18.90% | +8.12% |
Max Drawdown (5Y)Largest decline over 5 years | -18.82% | -25.43% | +6.61% |
Max Drawdown (10Y)Largest decline over 10 years | -26.36% | -33.92% | +7.56% |
Current DrawdownCurrent decline from peak | -1.44% | -1.80% | +0.36% |
Average DrawdownAverage peak-to-trough decline | -24.05% | -10.71% | -13.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.68% | 2.03% | -0.35% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with HADAX
Add Hartford Balanced HLS Fund to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with HADAX