HABDX vs. HASGX

Last updated Jun 5, 2026

HABDX (Harbor Core Plus Fund) and HASGX (Harbor Small Cap Growth Fund) are both mutual funds - HABDX is a Intermediate Core-Plus Bond fund managed by Harbor, while HASGX is a Small Cap Growth Equities fund managed by Harbor. Over the past 10 years, HABDX returned 2.25%/yr vs 12.83%/yr for HASGX. At a correlation of -0.09, they often move in opposite directions. HABDX charges 0.38%/yr vs 0.87%/yr for HASGX.

Performance

HABDX vs. HASGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Harbor Core Plus Fund (HABDX) and Harbor Small Cap Growth Fund (HASGX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HABDX achieves a 0.38% return, which is significantly lower than HASGX's 17.01% return. Over the past 10 years, HABDX has underperformed HASGX with an annualized return of 2.25%, while HASGX has yielded a comparatively higher 12.83% annualized return.

HABDX

• 1D: -0.30%
• 1M: 0.15%
• YTD: 0.38%
• 6M: 0.45%
• 1Y: 4.86%
• 3Y*: 4.61%
• 5Y*: 0.58%
• 10Y*: 2.25%

HASGX

• 1D: -1.04%
• 1M: 0.56%
• YTD: 17.01%
• 6M: 14.29%
• 1Y: 33.66%
• 3Y*: 16.06%
• 5Y*: 6.63%
• 10Y*: 12.83%

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

HABDX vs. HASGX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
HABDX Harbor Core Plus Fund	0.38%	7.28%	2.56%	6.70%	-13.23%	-0.64%	8.88%	8.42%	-0.20%	4.89%
HASGX Harbor Small Cap Growth Fund	17.01%	11.44%	9.34%	22.20%	-25.60%	9.40%	38.54%	42.39%	-11.37%	24.71%

Correlation

The correlation between HABDX and HASGX is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.26
Correlation (3Y) Calculated over the trailing 3-year period	0.22
Correlation (5Y) Calculated over the trailing 5-year period	0.16
Correlation (10Y) Calculated over the trailing 10-year period	0.01
Correlation (All Time) Calculated using the full available price history since Nov 1, 2000	-0.09

The correlation between HABDX and HASGX shifts across timeframes, from -0.09 (all time) to 0.26 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

HABDX vs. HASGX — Risk / Return Rank

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

HABDX

HABDX Risk / Return Rank: 27
HABDX Sharpe Ratio Rank: 27
HABDX Sortino Ratio Rank: 29
HABDX Omega Ratio Rank: 26
HABDX Calmar Ratio Rank: 30
HABDX Martin Ratio Rank: 25

HASGX

HASGX Risk / Return Rank: 39
HASGX Sharpe Ratio Rank: 34
HASGX Sortino Ratio Rank: 32
HASGX Omega Ratio Rank: 30
HASGX Calmar Ratio Rank: 47
HASGX Martin Ratio Rank: 52

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.

HABDX vs. HASGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Harbor Core Plus Fund (HABDX) and Harbor Small Cap Growth Fund (HASGX). 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.

	HABDX	HASGX	Difference
Sharpe ratio: Return per unit of total volatility	1.48	1.67	-0.19
Sortino ratio: Return per unit of downside risk	2.22	2.35	-0.13
Omega ratio: Gain probability vs. loss probability	1.26	1.28	-0.02
Calmar ratio: Return relative to maximum drawdown	2.02	2.59	-0.57
Martin ratio: Return relative to average drawdown	6.05	10.47	-4.43
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HABDX vs. HASGX - Sharpe Ratio Comparison

The current HABDX Sharpe Ratio is 1.48, which is comparable to the HASGX Sharpe Ratio of 1.67. The chart below compares the historical Sharpe Ratios of HABDX and HASGX, 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

	HABDX	HASGX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.48	1.67	-0.19
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.10	0.29	-0.18
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.47	0.56	-0.09
Sharpe Ratio (All Time) Calculated using the full available price history	1.32	0.42	+0.91

Drawdowns

HABDX vs. HASGX - Drawdown Comparison

The maximum HABDX drawdown since its inception was -17.94%, smaller than the maximum HASGX drawdown of -54.33%. Use the drawdown chart below to compare losses from any high point for HABDX and HASGX.

Drawdown Indicators

	HABDX	HASGX	Difference
Max Drawdown Largest peak-to-trough decline	-17.94%	-54.33%	+36.39%
Max Drawdown (1Y) Largest decline over 1 year	-2.73%	-12.93%	+10.20%
Max Drawdown (3Y) Largest decline over 3 years	-6.15%	-28.49%	+22.34%
Max Drawdown (5Y) Largest decline over 5 years	-17.94%	-34.17%	+16.23%
Max Drawdown (10Y) Largest decline over 10 years	-17.94%	-38.53%	+20.59%
Current Drawdown Current decline from peak	-1.51%	-1.64%	+0.13%
Average Drawdown Average peak-to-trough decline	-1.87%	-10.17%	+8.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.91%	3.19%	-2.28%

Volatility

HABDX vs. HASGX - Volatility Comparison

The current volatility for Harbor Core Plus Fund (HABDX) is 1.24%, while Harbor Small Cap Growth Fund (HASGX) has a volatility of 6.29%. This indicates that HABDX experiences smaller price fluctuations and is considered to be less risky than HASGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HABDX	HASGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.24%	6.29%	-5.05%
Volatility (6M) Calculated over the trailing 6-month period	2.58%	15.82%	-13.24%
Volatility (1Y) Calculated over the trailing 1-year period	3.73%	20.14%	-16.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.68%	23.32%	-17.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.83%	23.16%	-18.33%

HABDX vs. HASGX - Expense Ratio Comparison

HABDX has a 0.38% expense ratio, which is lower than HASGX's 0.87% expense ratio.

Dividends

HABDX vs. HASGX - Dividend Comparison

HABDX's dividend yield for the trailing twelve months is around 4.71%, more than HASGX's 0.96% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HABDX Harbor Core Plus Fund	4.71%	4.65%	4.46%	4.24%	3.41%	3.12%	3.27%	3.19%	3.08%	3.41%	3.86%	5.40%
HASGX Harbor Small Cap Growth Fund	0.96%	1.13%	3.53%	0.03%	4.80%	27.66%	7.21%	3.44%	27.29%	10.10%	0.47%	13.13%

Frequently Asked Questions

Can I hold both HABDX and HASGX in my portfolio?

HABDX and HASGX have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HABDX or HASGX?

HASGX has higher volatility (6.29%) compared to HABDX (1.24%). In terms of maximum drawdown, HABDX dropped -17.94% vs HASGX's -54.33%.

Which has better risk-adjusted returns?

HASGX currently has the higher Sharpe Ratio (1.67 vs 1.48), 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.