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Hartford Schroders Tax-Aware Bond Fund (STWTX) Sharpe Ratio: 1.98

Mutual Fund · Currency in USD · Last updated Jul 15, 2026

The fund seeks to achieve its investment objective by investing in a diversified portfolio of fixed income debt instruments of varying maturities. Under normal circumstances, it invests at least 80% of its assets in U.S. dollar-denominated, investment-grade fixed income debt instruments.

STWTX's Sharpe Ratio of 1.98 indicates that for each unit of volatility, it generates 1.98 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jul 15, 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. For how to read this number and when it can mislead, see Sharpe Ratio Explained.

STWTX Sharpe Ratio Rank

STWTX Sharpe Ratio Rank: 77.477
Above Average

STWTX ranks above 77.4% 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

STWTX Sharpe Ratio Market Positioning

The chart shows STWTX'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%): 1.04 or lower
  • Yellow zone (middle 50%): 1.04 to 1.92
  • Green zone (top 25%): 1.92 or higher
  • Top 1%: 3.84+
  • Median: 1.56 — half of all investments score higher

How it compares to other similar mutual funds

The table compares Hartford Schroders Tax-Aware Bond Fund's Sharpe Ratio with other mutual funds in the Intermediate Core Bond category across multiple time periods, showing how STWTX'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 Jul 15, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
STWTXHartford Schroders Tax-Aware Bond Fund1.98
MCDWXManning & Napier Credit Series1.50
LSSAXLoomis Sayles Securitized Asset Fund1.41
FSMOXFidelity SAI Investment Grade Securitized Fund1.35
DFXIXDFA Diversified Fixed Income Portfolio1.35
PCGTXPACE Mortgage-Backed Securities Fixed Income Investments1.30
PRCIXT. Rowe Price New Income Fund1.30
FEDUXFidelity Education Income Fund1.29
MCBDXMassMutual Core Bond Fund1.28
BIMSXBaird Intermediate Bond Fund1.27

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows STWTX'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 STWTX consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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