FAAA vs. HSRT

Last updated Jun 4, 2026

FAAA (Fidelity AAA CLO ETF) and HSRT (Hartford AAA CLO ETF) are both CLO funds. FAAA is actively managed, while HSRT is passively managed. FAAA charges 0.20%/yr vs 0.24%/yr for HSRT.

Performance

FAAA vs. HSRT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity AAA CLO ETF (FAAA) and Hartford AAA CLO ETF (HSRT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

FAAA

• 1D: 0.02%
• 1M: 0.49%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

HSRT

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FAAA vs. HSRT - Yearly Performance Comparison

	2026 (YTD)
FAAA Fidelity AAA CLO ETF	1.50%
HSRT Hartford AAA CLO ETF	0.00%

Return for Risk

FAAA vs. HSRT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity AAA CLO ETF (FAAA) and Hartford AAA CLO ETF (HSRT). 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

	FAAA	HSRT	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	5.41	—	—

Drawdowns

Drawdown Indicators

	FAAA	HSRT	Difference
Max Drawdown Largest peak-to-trough decline	-0.55%	—	—
Current Drawdown Current decline from peak	0.00%	—	—
Average Drawdown Average peak-to-trough decline	-0.07%	—	—

Volatility

Volatility by Period

	FAAA	HSRT	Difference
Volatility (1Y) Calculated over the trailing 1-year period	0.94%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.94%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.94%	—	—

FAAA vs. HSRT - Expense Ratio Comparison

FAAA has a 0.20% expense ratio, which is lower than HSRT's 0.24% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

FAAA vs. HSRT - Dividend Comparison

FAAA's dividend yield for the trailing twelve months is around 1.32%, while HSRT has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
FAAA Fidelity AAA CLO ETF	1.32%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
HSRT Hartford AAA CLO ETF	0.00%	1.29%	6.37%	3.98%	2.67%	2.23%	2.88%	3.50%	1.62%

Frequently Asked Questions

Which ETF is better, FAAA or HSRT?

On fees, FAAA is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FAAA or HSRT?

FAAA is cheaper with a 0.20% expense ratio, compared with 0.24% for HSRT.

Which ETF pays a higher dividend yield, FAAA or HSRT?

FAAA has the higher dividend yield at 1.32%, compared with 0.00% for HSRT.

What is the main difference between FAAA and HSRT?

They also come from different issuers: Fidelity and Hartford. Their fees differ too: 0.20% for FAAA and 0.24% for HSRT.