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Hartford Schroders Emerging Markets Multi-Sector Bond Fund (SMSNX) Sharpe Ratio: 2.25

Mutual Fund · Currency in USD · Last updated Jun 5, 2026

The investment seeks to provide a return of long-term capital growth and income. Under normal circumstances, the fund will invest at least 80% of its assets in bonds of issuers located in emerging market countries. The fund's sub-advisers allocate its assets among sectors within the fixed-income market based on their assessment of the relative values and the risks and rewards the sectors present. It is non-diversified.

SMSNX's Sharpe Ratio of 2.25 indicates that for each unit of volatility, it generates 2.25 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 5, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets.

SMSNX Sharpe Ratio Rank

SMSNX Sharpe Ratio Rank: 61.662
Above Average

SMSNX ranks above 61.6% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating above-average returns relative to volatility. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Above-average risk-adjusted returns with room for improvement
  • Compare against category peers to gauge relative positioning
  • Monitor for movement toward top tier or decline toward median
  • Consider pairing with top-tier holdings to improve portfolio efficiency

SMSNX Sharpe Ratio Market Positioning

The chart shows SMSNX's Sharpe Ratio relative to all mutual funds on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 1.37 or lower
  • Yellow zone (middle 50%): 1.37 to 2.45
  • Green zone (top 25%): 2.45 or higher
  • Top 1%: 4.61+
  • Median: 2.01 — half of all investments score higher

How it compares to other similar mutual funds

The table compares Hartford Schroders Emerging Markets Multi-Sector Bond Fund's Sharpe Ratio with other mutual funds in the Emerging Markets Bonds category across multiple time periods, showing how SMSNX's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 5, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
AGEYXAmerican Beacon Developing World Income Fund Class Y5.79
AGEPXAmerican Beacon Frontier Markets Income Fund5.75
EIDOXEaton Vance Emerging Markets Debt Opportunities Fund Class I5.61
EELDXEaton Vance Emerging Markets Debt Opportunities Fund5.55
APFOXArtisan Emerging Markets Debt Opportunities Fund5.53
GMCDXGMO Emerging Country Debt Fund5.02
GMOQXGMO Emerging Country Debt Fund Class VI5.02
FEMDXFranklin Emerging Market Debt Opportunities Fund4.81
DBLLXDoubleLine Low Duration Emerging Markets Fixed Income Fund4.71
SHCDXVirtus Stone Harbor Emerg Mkts Corp Dbt4.69
SMSNXHartford Schroders Emerging Markets Multi-Sector Bond Fund2.25

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows SMSNX's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when SMSNX consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

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