BTOT vs. HTRB

Last updated Jun 5, 2026

BTOT (iShares Total USD Fixed Income Market ETF) and HTRB (Hartford Total Return Bond ETF) are both exchange-traded funds - BTOT is a Total Bond Market fund tracking the Bloomberg US Total Fixed Income Market Index, while HTRB is a Intermediate Core-Plus Bond fund actively managed by Hartford. BTOT is passively managed, while HTRB is actively managed. With a 0.96 correlation, they move nearly in lockstep. BTOT charges 0.09%/yr vs 0.29%/yr for HTRB.

Performance

BTOT vs. HTRB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Total USD Fixed Income Market ETF (BTOT) and Hartford Total Return Bond ETF (HTRB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BTOT achieves a 0.53% return, which is significantly higher than HTRB's 0.35% return.

BTOT

• 1D: 0.13%
• 1M: 0.22%
• YTD: 0.53%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

HTRB

• 1D: 0.09%
• 1M: 0.20%
• YTD: 0.35%
• 6M: 0.42%
• 1Y: 5.14%
• 3Y*: 4.66%
• 5Y*: 0.42%
• 10Y*: —

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

BTOT vs. HTRB - Yearly Performance Comparison

	2026 (YTD)	2025
BTOT iShares Total USD Fixed Income Market ETF	0.53%	0.31%
HTRB Hartford Total Return Bond ETF	0.35%	0.19%

Correlation

The correlation between BTOT and HTRB is 0.96 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 12, 2025	0.96

Return for Risk

BTOT vs. HTRB — Risk / Return Rank

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

HTRB

HTRB Risk / Return Rank: 38
HTRB Sharpe Ratio Rank: 39
HTRB Sortino Ratio Rank: 40
HTRB Omega Ratio Rank: 38
HTRB Calmar Ratio Rank: 37
HTRB Martin Ratio Rank: 36

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.

BTOT vs. HTRB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Total USD Fixed Income Market ETF (BTOT) and Hartford Total Return Bond ETF (HTRB). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	BTOT	HTRB	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.36	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.07	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.49	0.40	+0.09

Drawdowns

BTOT vs. HTRB - Drawdown Comparison

The maximum BTOT drawdown since its inception was -2.36%, smaller than the maximum HTRB drawdown of -19.48%. Use the drawdown chart below to compare losses from any high point for BTOT and HTRB.

Drawdown Indicators

	BTOT	HTRB	Difference
Max Drawdown Largest peak-to-trough decline	-2.36%	-19.48%	+17.12%
Max Drawdown (1Y) Largest decline over 1 year	—	-2.82%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-6.52%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-19.48%	—
Current Drawdown Current decline from peak	-1.05%	-1.46%	+0.41%
Average Drawdown Average peak-to-trough decline	-0.77%	-4.81%	+4.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.95%	—

Volatility

Volatility by Period

	BTOT	HTRB	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.28%	—
Volatility (6M) Calculated over the trailing 6-month period	—	2.73%	—
Volatility (1Y) Calculated over the trailing 1-year period	3.69%	3.85%	-0.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.69%	6.12%	-2.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.69%	5.57%	-1.88%

BTOT vs. HTRB - Expense Ratio Comparison

BTOT has a 0.09% expense ratio, which is lower than HTRB's 0.29% expense ratio.

Dividends

BTOT vs. HTRB - Dividend Comparison

BTOT's dividend yield for the trailing twelve months is around 2.12%, less than HTRB's 4.63% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
BTOT iShares Total USD Fixed Income Market ETF	2.12%	0.22%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
HTRB Hartford Total Return Bond ETF	4.63%	4.66%	4.45%	3.87%	3.08%	4.22%	4.79%	6.30%	2.37%	0.96%

Frequently Asked Questions

Can I hold both BTOT and HTRB in my portfolio?

With a correlation of 0.96, BTOT and HTRB move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, BTOT or HTRB?

On fees, BTOT is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BTOT or HTRB?

BTOT is cheaper with a 0.09% expense ratio, compared with 0.29% for HTRB.

Which ETF pays a higher dividend yield, BTOT or HTRB?

HTRB has the higher dividend yield at 4.63%, compared with 2.12% for BTOT.

What is the main difference between BTOT and HTRB?

BTOT is categorized as Total Bond Market, while HTRB is Intermediate Core-Plus Bond. They also come from different issuers: iShares and Hartford. Their fees differ too: 0.09% for BTOT and 0.29% for HTRB.