The Hartford Balanced Income Fund (HBLYX) belongs to the Diversified Portfolio category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with HBLYX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to HBLYX
HBLYX charges 0.64% annually. There are 266 mutual funds in the Diversified Portfolio category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity 70% Allocation Fund | 0.02% | — | Jan 2022 | HBLYX vs FRGAX | |
| PGIM 60/40 Allocation Fund | 0.03% | — | Sep 2017 | HBLYX vs PALDX | |
| Vanguard Balanced Index Fund Institutional Shares | 0.04% | 64.10B | Dec 2000 | HBLYX vs VBAIX | |
| TIAA-CREF Lifestyle Aggressive Growth Fund | 0.04% | — | Dec 2011 | HBLYX vs TSAIX | |
| Vanguard Tax-Managed Balanced Fund Admiral Shares | 0.05% | 12.30B | Sep 1994 | HBLYX vs VTMFX |
Best Risk-Adjusted Alternatives to HBLYX
HBLYX has a PortfoliosLab risk / return rank of 37. There are 449 mutual funds in the Diversified Portfolio category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | 99 | — | Nov 2003 | HBLYX vs STDAX | |
| Thornburg Investment Income Builder Fund Class I | 97 | — | Dec 2002 | HBLYX vs TIBIX | |
| Nuveen Flexible Income Fund | 97 | — | Dec 2009 | HBLYX vs NWQIX | |
| Federated Hermes Municipal and Stock Advantage Fun... | 93 | — | Sep 2003 | HBLYX vs FMUAX | |
| Pioneer Balanced ESG Fund | 93 | — | Dec 1991 | HBLYX vs AYBLX |
Top Performing HBLYX Alternatives (YTD)
HBLYX is at 3.22% YTD. There are 491 mutual funds in the Diversified Portfolio category with higher YTD returns, going as high as 31.90%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Allspring Diversified Capital Builder Fund | 31.90% | — | Jan 1998 | HBLYX vs EKBAX | |
| Greenspring Fund | 19.62% | — | Jun 1983 | HBLYX vs GRSPX | |
| ICON Equity Income Fund | 18.26% | — | May 2004 | HBLYX vs IOEZX | |
| MH Elite Small Cap Fund of Funds Fund | 18.12% | — | Aug 1998 | HBLYX vs MHELX | |
| Thornburg Investment Income Builder Fund Class I | 16.39% | — | Dec 2002 | HBLYX vs TIBIX |
Lowest Volatility Alternatives to HBLYX
HBLYX has 5.93% 1-year volatility. There are 93 mutual funds in the Diversified Portfolio category with lower 1-year volatility, going as low as 0.86%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | 0.86% | — | Nov 2003 | HBLYX vs STDAX | |
| SEI Asset Allocation Trust Conservative Strategy F... | 2.82% | — | Nov 2003 | HBLYX vs SICIX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | 2.87% | — | Apr 2012 | HBLYX vs SCLAX | |
| Ave Maria Bond Fund | 2.98% | — | Apr 2003 | HBLYX vs AVEFX | |
| American Funds College 2027 Fund | 3.11% | — | Sep 2012 | HBLYX vs CSTAX |
Lowest Drawdown Alternatives to HBLYX
HBLYX has a 1-year max drawdown of -5.59%. There are 181 mutual funds in the Diversified Portfolio category with shallower 1-year drawdowns, going as shallow as -0.36%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | -0.36% | — | Nov 2003 | HBLYX vs STDAX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | -2.32% | — | Apr 2012 | HBLYX vs SCLAX | |
| DFA Global Allocation 25/75 Portfolio | -2.64% | — | Dec 2003 | HBLYX vs DGTSX | |
| SEI Asset Allocation Trust Conservative Strategy F... | -2.65% | — | Nov 2003 | HBLYX vs SICIX | |
| American Funds College 2027 Fund | -2.72% | — | Sep 2012 | HBLYX vs CSTAX |
Other Mutual Funds from Hartford
The 10 most viewed Hartford mutual funds shown here include HGOIX, HSNIX, SCIEX and span 7 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| The Hartford Growth Opportunities Fund Class I | Large Cap Growth Equities | 16 | 8.76% | — | Feb 2002 | HBLYX vs HGOIX | |
| The Hartford Strategic Income Fund | Multisector Bonds | 58 | 0.82% | — | May 2007 | HBLYX vs HSNIX | |
| Hartford Schroders International Stock Fund Class ... | Foreign Large Cap Equities | 25 | 7.68% | — | Dec 1985 | HBLYX vs SCIEX | |
| Hartford Core Equity Fund | Large Cap Blend Equities | 45 | 8.34% | — | Apr 1998 | HBLYX vs HGIYX | |
| Hartford Municipal Opportunities Fund | Municipal Bonds | 70 | 1.39% | — | May 2007 | HBLYX vs HHMIX | |
| Hartford International Value Fund | Foreign Large Cap Equities | 75 | 13.42% | — | May 2010 | HBLYX vs HILYX | |
| The Hartford Dividend and Growth Fund | Large Cap Value Equities | 77 | 10.42% | — | Jul 1996 | HBLYX vs HDGYX | |
| The Hartford Growth Opportunities Fund | Large Cap Growth Equities | 16 | 8.76% | — | Feb 2002 | HBLYX vs HGOYX | |
| Hartford Schroders Emerging Markets Equity Fund Cl... | Emerging Markets Equities | 81 | 24.27% | — | — | HBLYX vs SEMNX | |
| The Hartford Equity Income Fund | Large Cap Value Equities | 51 | 8.75% | — | Aug 2003 | HBLYX vs HQIYX |
Often Compared With HBLYX
Investors most often compare HBLYX with AMCPX, BALFX, WCPNX. These 20 comparison targets span 13 categories, based on PortfoliosLab usage data.
Compare HBLYX with Any Fund or Stock
Compare HBLYX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair HBLYX with funds that move differently
The Hartford Balanced Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to HBLYX.
Explore HBLYX Diversifiers