FAAA vs. HSRT

Last updated Apr 1, 2026

Compare and contrast key facts about Fidelity AAA CLO ETF (FAAA) and Hartford AAA CLO ETF (HSRT).

FAAA and HSRT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FAAA is an actively managed fund by Fidelity. It was launched on Feb 10, 2026. HSRT is a passively managed fund by Hartford that tracks the performance of the JP Morgan CLOIE AAA Index. It was launched on May 30, 2018.

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.

FAAA vs. HSRT - Yearly Performance Comparison

	2026 (YTD)
FAAA Fidelity AAA CLO ETF	0.31%
HSRT Hartford AAA CLO ETF	0.00%

Returns By Period

FAAA

• 1D: 0.04%
• 1M: 0.06%
• 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 - 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%.

HSRT

Hartford AAA CLO ETF

FAAA

Fidelity AAA CLO ETF

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	1.93	—	—

Dividends

FAAA vs. HSRT - Dividend Comparison

FAAA's dividend yield for the trailing twelve months is around 0.62%, while HSRT has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018
FAAA Fidelity AAA CLO ETF	0.62%	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%

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	-0.17%	—	—

Volatility

Volatility by Period

	FAAA	HSRT	Difference
Volatility (1Y) Calculated over the trailing 1-year period	1.29%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.29%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.29%	—	—