BKAG vs. HTAB

Last updated Jun 4, 2026

BKAG (BNY Mellon Core Bond ETF) and HTAB (Hartford Schroders Tax-Aware Bond ETF) are both exchange-traded funds - BKAG is a Total Bond Market fund tracking the Bloomberg US Aggregate Total Return Index, while HTAB is a Intermediate Core Bond fund actively managed by Hartford. BKAG is passively managed, while HTAB is actively managed. Over the past 5 years, BKAG returned 0.07%/yr vs 0.78%/yr for HTAB. A 0.67 correlation means they provide meaningful diversification when combined. BKAG charges 0.00%/yr vs 0.39%/yr for HTAB.

Performance

BKAG vs. HTAB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BNY Mellon Core Bond ETF (BKAG) and Hartford Schroders Tax-Aware Bond ETF (HTAB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BKAG achieves a 0.29% return, which is significantly lower than HTAB's 1.54% return.

BKAG

• 1D: -0.19%
• 1M: 0.27%
• YTD: 0.29%
• 6M: 0.12%
• 1Y: 5.10%
• 3Y*: 3.95%
• 5Y*: 0.07%
• 10Y*: —

HTAB

• 1D: 0.10%
• 1M: 0.34%
• YTD: 1.54%
• 6M: 1.49%
• 1Y: 7.06%
• 3Y*: 3.45%
• 5Y*: 0.78%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BKAG vs. HTAB - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
BKAG BNY Mellon Core Bond ETF	0.29%	7.23%	1.17%	5.67%	-13.29%	-1.46%	2.15%
HTAB Hartford Schroders Tax-Aware Bond ETF	1.54%	2.86%	1.52%	7.16%	-8.33%	-0.12%	5.31%

Correlation

The correlation between BKAG and HTAB is 0.65, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.65
Correlation (3Y) Calculated over the trailing 3-year period	0.76
Correlation (5Y) Calculated over the trailing 5-year period	0.71
Correlation (All Time) Calculated using the full available price history since Apr 27, 2020	0.67

The correlation between BKAG and HTAB shifts across timeframes, from 0.65 (1 year) to 0.76 (3 years), reflecting how their relationship changes across market environments.

Return for Risk

BKAG vs. HTAB — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BKAG

BKAG Risk / Return Rank: 36
BKAG Sharpe Ratio Rank: 36
BKAG Sortino Ratio Rank: 37
BKAG Omega Ratio Rank: 34
BKAG Calmar Ratio Rank: 37
BKAG Martin Ratio Rank: 35

HTAB

HTAB Risk / Return Rank: 50
HTAB Sharpe Ratio Rank: 50
HTAB Sortino Ratio Rank: 54
HTAB Omega Ratio Rank: 54
HTAB Calmar Ratio Rank: 47
HTAB Martin Ratio Rank: 45

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BKAG vs. HTAB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BNY Mellon Core Bond ETF (BKAG) and Hartford Schroders Tax-Aware Bond ETF (HTAB). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	BKAG	HTAB	Difference
Sharpe ratio Return per unit of total volatility	1.32	1.76	-0.44
Sortino ratio Return per unit of downside risk	1.94	2.62	-0.68
Omega ratio Gain probability vs. loss probability	1.23	1.34	-0.11
Calmar ratio Return relative to maximum drawdown	1.86	2.36	-0.50
Martin ratio Return relative to average drawdown	5.49	7.49	-1.99
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BKAG vs. HTAB - Sharpe Ratio Comparison

The current BKAG Sharpe Ratio is 1.32, which is comparable to the HTAB Sharpe Ratio of 1.76. The chart below compares the historical Sharpe Ratios of BKAG and HTAB, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	BKAG	HTAB	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.32	1.76	-0.44
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.01	0.14	-0.12
Sharpe Ratio (All Time) Calculated using the full available price history	0.01	0.44	-0.43

Drawdowns

BKAG vs. HTAB - Drawdown Comparison

The maximum BKAG drawdown since its inception was -18.53%, which is greater than HTAB's maximum drawdown of -14.76%. Use the drawdown chart below to compare losses from any high point for BKAG and HTAB.

Drawdown Indicators

	BKAG	HTAB	Difference
Max Drawdown Largest peak-to-trough decline	-18.53%	-14.76%	-3.77%
Max Drawdown (1Y) Largest decline over 1 year	-2.76%	-2.85%	+0.09%
Max Drawdown (3Y) Largest decline over 3 years	-6.04%	-8.42%	+2.38%
Max Drawdown (5Y) Largest decline over 5 years	-18.00%	-14.76%	-3.24%
Current Drawdown Current decline from peak	-2.32%	-0.81%	-1.51%
Average Drawdown Average peak-to-trough decline	-7.12%	-2.89%	-4.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.93%	0.90%	+0.03%

Volatility

BKAG vs. HTAB - Volatility Comparison

The current volatility for BNY Mellon Core Bond ETF (BKAG) is 1.22%, while Hartford Schroders Tax-Aware Bond ETF (HTAB) has a volatility of 1.31%. This indicates that BKAG experiences smaller price fluctuations and is considered to be less risky than HTAB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BKAG	HTAB	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.22%	1.31%	-0.09%
Volatility (6M) Calculated over the trailing 6-month period	2.74%	2.83%	-0.09%
Volatility (1Y) Calculated over the trailing 1-year period	3.87%	4.04%	-0.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.01%	5.74%	+0.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.55%	5.17%	+0.38%

BKAG vs. HTAB - Expense Ratio Comparison

BKAG has a 0.00% expense ratio, which is lower than HTAB's 0.39% expense ratio.

Dividends

BKAG vs. HTAB - Dividend Comparison

BKAG's dividend yield for the trailing twelve months is around 4.24%, more than HTAB's 3.83% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
BKAG BNY Mellon Core Bond ETF	4.24%	4.17%	4.26%	3.33%	2.49%	1.55%	1.16%	0.00%	0.00%
HTAB Hartford Schroders Tax-Aware Bond ETF	3.83%	3.88%	3.57%	3.21%	2.26%	2.18%	1.64%	2.77%	1.61%

Frequently Asked Questions

Can I hold both BKAG and HTAB in my portfolio?

BKAG and HTAB have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BKAG or HTAB?

HTAB has higher volatility (1.31%) compared to BKAG (1.22%). In terms of maximum drawdown, BKAG dropped -18.53% vs HTAB's -14.76%.

Which ETF is better, BKAG or HTAB?

On 5-year performance, HTAB leads with 0.78% vs 0.07% for BKAG. On fees, BKAG is cheaper at 0.00% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BKAG or HTAB?

Over the 5-year period, HTAB has performed better with a 0.78% return vs 0.07%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BKAG or HTAB?

BKAG is cheaper with a 0.00% expense ratio, compared with 0.39% for HTAB.

Which ETF pays a higher dividend yield, BKAG or HTAB?

BKAG has the higher dividend yield at 4.24%, compared with 3.83% for HTAB.

What is the main difference between BKAG and HTAB?

BKAG is categorized as Total Bond Market, while HTAB is Intermediate Core Bond. They also come from different issuers: BNY Mellon and Hartford. Their fees differ too: 0.00% for BKAG and 0.39% for HTAB.

Which has better risk-adjusted returns?

HTAB currently has the higher Sharpe Ratio (1.76 vs 1.32), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.