The Hartford Strategic Income Fund (HSNIX) belongs to the Multisector Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with HSNIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to HSNIX
HSNIX charges 0.64% annually. There are 20 mutual funds in the Multisector Bonds category with lower expense ratios, going as low as 0.05%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Doubleline Selective Credit Fund | 0.05% | — | Aug 2014 | HSNIX vs DBSCX | |
| Vanguard Multi-Sector Income Bond Fund Admiral Sha... | 0.30% | — | Oct 2021 | HSNIX vs VMSAX | |
| JPMorgan Income Fund Class I | 0.40% | — | Jun 2014 | HSNIX vs JMSIX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 0.40% | — | Jul 2016 | HSNIX vs BWDTX | |
| Mercer Opportunistic Fixed Income Fund | 0.44% | — | Aug 2013 | HSNIX vs MOFIX |
Best Risk-Adjusted Alternatives to HSNIX
HSNIX has a PortfoliosLab risk / return rank of 40. There are 53 mutual funds in the Multisector Bonds category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Nationwide Amundi Strategic Income Fund | 99 | — | Nov 2015 | HSNIX vs NWXHX | |
| Nationwide Strategic Income A | 99 | — | Nov 2015 | HSNIX vs NWXEX | |
| Rational Special Situations Income Fund | 98 | — | Jul 2019 | HSNIX vs RFXIX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 98 | — | Jul 2016 | HSNIX vs BWDTX | |
| Oaktree Diversified Income Fund Inc. Class D | 98 | — | Nov 2021 | HSNIX vs ODIDX |
Top Performing HSNIX Alternatives (YTD)
HSNIX is at 0.04% YTD. There are 66 mutual funds in the Multisector Bonds category with higher YTD returns, going as high as 3.47%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| abrdn Income Credit Strategies Fund | 3.47% | — | Jan 2011 | HSNIX vs ACP | |
| BrandywineGLOBAL - Flexible Bond Fund | 3.07% | — | May 2016 | HSNIX vs LFLIX | |
| Saba Capital Income & Opportunities Fund | 3.06% | — | Dec 1987 | HSNIX vs BRW | |
| Intrepid Income Fund | 2.85% | — | Aug 2010 | HSNIX vs ICMUX | |
| Nationwide Amundi Strategic Income Fund | 2.57% | — | Nov 2015 | HSNIX vs NWXHX |
Lowest Volatility Alternatives to HSNIX
HSNIX has 3.39% 1-year volatility. There are 48 mutual funds in the Multisector Bonds category with lower 1-year volatility, going as low as 1.17%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Nationwide Amundi Strategic Income Fund | 1.17% | — | Nov 2015 | HSNIX vs NWXHX | |
| Nationwide Strategic Income A | 1.24% | — | Nov 2015 | HSNIX vs NWXEX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 1.31% | — | Jul 2016 | HSNIX vs BWDTX | |
| Rational Special Situations Income Fund | 1.38% | — | Jul 2019 | HSNIX vs RFXIX | |
| Oaktree Diversified Income Fund Inc. Class D | 1.47% | — | Nov 2021 | HSNIX vs ODIDX |
Lowest Drawdown Alternatives to HSNIX
HSNIX has a 1-year max drawdown of -3.35%. There are 65 mutual funds in the Multisector Bonds category with shallower 1-year drawdowns, going as shallow as -0.41%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Nationwide Amundi Strategic Income Fund | -0.41% | — | Nov 2015 | HSNIX vs NWXHX | |
| Nationwide Strategic Income A | -0.43% | — | Nov 2015 | HSNIX vs NWXEX | |
| Rational Special Situations Income Fund | -0.72% | — | Jul 2019 | HSNIX vs RFXIX | |
| CrossingBridge Low Duration High Yield Fund | -0.73% | — | Jan 2018 | HSNIX vs CBLDX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | -1.00% | — | Jul 2016 | HSNIX vs BWDTX |
Other Mutual Funds from Hartford
The 10 most viewed Hartford mutual funds shown here include HGOIX, SCIEX, HGIYX and span 8 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| The Hartford Growth Opportunities Fund Class I | Large Cap Growth Equities | 9 | 1.75% | — | Feb 2002 | HSNIX vs HGOIX | |
| Hartford Schroders International Stock Fund Class ... | Foreign Large Cap Equities | 40 | 9.90% | — | Dec 1985 | HSNIX vs SCIEX | |
| Hartford Core Equity Fund | Large Cap Blend Equities | 38 | 6.76% | — | Apr 1998 | HSNIX vs HGIYX | |
| The Hartford Balanced Income Fund | Diversified Portfolio | 53 | 3.90% | — | Jul 2006 | HSNIX vs HBLYX | |
| Hartford International Value Fund | Foreign Large Cap Equities | 89 | 18.21% | — | May 2010 | HSNIX vs HILYX | |
| Hartford Municipal Opportunities Fund | Municipal Bonds | 63 | 0.18% | — | May 2007 | HSNIX vs HHMIX | |
| The Hartford Dividend and Growth Fund | Large Cap Value Equities | 88 | 12.49% | — | Jul 1996 | HSNIX vs HDGYX | |
| The Hartford Growth Opportunities Fund | Large Cap Growth Equities | 9 | 1.74% | — | Feb 2002 | HSNIX vs HGOYX | |
| Hartford Schroders Emerging Markets Equity Fund Cl... | Emerging Markets Equities | 71 | 19.30% | — | — | HSNIX vs SEMNX | |
| The Hartford Equity Income Fund | Dividend, Large Cap Value Equities | 77 | 11.10% | — | Aug 2003 | HSNIX vs HQIYX |
Often Compared With HSNIX
Investors most often compare HSNIX with HFSI, AXSIX, RCTIX. These 20 comparison targets span 9 categories, based on PortfoliosLab usage data.
Compare HSNIX with Any Fund or Stock
Compare HSNIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair HSNIX with funds that move differently
The Hartford Strategic Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to HSNIX.
Explore HSNIX Diversifiers