CFICX vs. HFSI

Last updated Apr 1, 2026

Compare and contrast key facts about Calvert Income Fund (CFICX) and Hartford Strategic Income ETF (HFSI).

CFICX is managed by Calvert Research and Management. It was launched on Oct 12, 1982. HFSI is an actively managed fund by Hartford. It was launched on Sep 21, 2021.

Performance

CFICX vs. HFSI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Calvert Income Fund (CFICX) and Hartford Strategic Income ETF (HFSI). The values are adjusted to include any dividend payments, if applicable.

CFICX vs. HFSI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
CFICX Calvert Income Fund	-0.99%	8.94%	4.11%	7.61%	-16.07%	-1.08%
HFSI Hartford Strategic Income ETF	-0.99%	9.56%	7.91%	9.91%	-12.60%	-1.57%

Returns By Period

As of year-to-date, both investments have demonstrated similar returns, with CFICX at -0.99% and HFSI at -0.99%.

CFICX

• 1D: 0.46%
• 1M: -2.63%
• YTD: -0.99%
• 6M: 0.12%
• 1Y: 5.26%
• 3Y*: 5.26%
• 5Y*: 1.08%
• 10Y*: 3.07%

HFSI

• 1D: 0.35%
• 1M: -2.49%
• YTD: -0.99%
• 6M: 0.35%
• 1Y: 6.27%
• 3Y*: 7.40%
• 5Y*: —
• 10Y*: —

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

CFICX vs. HFSI - Expense Ratio Comparison

CFICX has a 0.92% expense ratio, which is higher than HFSI's 0.49% expense ratio.

CFICX

Calvert Income Fund

HFSI

Hartford Strategic Income ETF

Return for Risk

CFICX vs. HFSI — Risk / Return Rank

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

CFICX

CFICX Risk / Return Rank: 79
CFICX Sharpe Ratio Rank: 80
CFICX Sortino Ratio Rank: 83
CFICX Omega Ratio Rank: 72
CFICX Calmar Ratio Rank: 82
CFICX Martin Ratio Rank: 79

HFSI

HFSI Risk / Return Rank: 77
HFSI Sharpe Ratio Rank: 81
HFSI Sortino Ratio Rank: 80
HFSI Omega Ratio Rank: 80
HFSI Calmar Ratio Rank: 72
HFSI Martin Ratio Rank: 72

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.

CFICX vs. HFSI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Calvert Income Fund (CFICX) and Hartford Strategic Income ETF (HFSI). 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.

	CFICX	HFSI	Difference
Sharpe ratio Return per unit of total volatility	1.47	1.47	0.00
Sortino ratio Return per unit of downside risk	2.13	2.01	+0.12
Omega ratio Gain probability vs. loss probability	1.27	1.29	-0.03
Calmar ratio Return relative to maximum drawdown	1.99	1.78	+0.21
Martin ratio Return relative to average drawdown	7.67	7.04	+0.64
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CFICX vs. HFSI - Sharpe Ratio Comparison

The current CFICX Sharpe Ratio is 1.47, which is comparable to the HFSI Sharpe Ratio of 1.47. The chart below compares the historical Sharpe Ratios of CFICX and HFSI, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	CFICX	HFSI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.47	1.47	0.00
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.19	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.59	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.00	0.45	+0.55

Correlation

The correlation between CFICX and HFSI is 0.80, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

CFICX vs. HFSI - Dividend Comparison

CFICX's dividend yield for the trailing twelve months is around 4.51%, less than HFSI's 5.66% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CFICX Calvert Income Fund	4.51%	4.86%	4.91%	4.05%	3.22%	2.70%	2.96%	3.25%	3.60%	2.96%	3.23%	2.87%
HFSI Hartford Strategic Income ETF	5.66%	5.67%	6.51%	5.77%	4.87%	0.71%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

CFICX vs. HFSI - Drawdown Comparison

The maximum CFICX drawdown since its inception was -21.28%, which is greater than HFSI's maximum drawdown of -19.34%. Use the drawdown chart below to compare losses from any high point for CFICX and HFSI.

Drawdown Indicators

	CFICX	HFSI	Difference
Max Drawdown Largest peak-to-trough decline	-21.28%	-19.34%	-1.94%
Max Drawdown (1Y) Largest decline over 1 year	-3.08%	-3.56%	+0.48%
Max Drawdown (5Y) Largest decline over 5 years	-21.28%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-21.28%	—	—
Current Drawdown Current decline from peak	-2.63%	-2.49%	-0.14%
Average Drawdown Average peak-to-trough decline	-3.47%	-5.91%	+2.44%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.80%	0.90%	-0.10%

Volatility

CFICX vs. HFSI - Volatility Comparison

The current volatility for Calvert Income Fund (CFICX) is 1.51%, while Hartford Strategic Income ETF (HFSI) has a volatility of 1.61%. This indicates that CFICX experiences smaller price fluctuations and is considered to be less risky than HFSI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CFICX	HFSI	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.51%	1.61%	-0.10%
Volatility (6M) Calculated over the trailing 6-month period	2.36%	2.37%	-0.01%
Volatility (1Y) Calculated over the trailing 1-year period	3.94%	4.27%	-0.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.61%	5.02%	+0.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.20%	5.02%	+0.18%