HABDX vs. HNACX

Last updated Apr 2, 2026

Compare and contrast key facts about Harbor Core Plus Fund (HABDX) and Harbor Capital Appreciation Fund Retirement Class (HNACX).

HABDX is managed by Harbor. It was launched on Dec 29, 1987. HNACX is managed by Harbor.

Performance

HABDX vs. HNACX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Harbor Core Plus Fund (HABDX) and Harbor Capital Appreciation Fund Retirement Class (HNACX). The values are adjusted to include any dividend payments, if applicable.

HABDX vs. HNACX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
HABDX Harbor Core Plus Fund	-0.43%	7.28%	2.56%	6.70%	-13.23%	-0.64%	8.88%	8.42%	-0.20%	4.89%
HNACX Harbor Capital Appreciation Fund Retirement Class	-10.93%	14.04%	46.43%	53.86%	-37.67%	15.43%	54.82%	33.53%	-1.24%	35.33%

Returns By Period

In the year-to-date period, HABDX achieves a -0.43% return, which is significantly higher than HNACX's -10.93% return.

HABDX

• 1D: -0.20%
• 1M: -1.84%
• YTD: -0.43%
• 6M: 0.26%
• 1Y: 3.72%
• 3Y*: 4.17%
• 5Y*: 0.65%
• 10Y*: 2.28%

HNACX

• 1D: 3.72%
• 1M: -5.54%
• YTD: -10.93%
• 6M: -10.65%
• 1Y: 12.16%
• 3Y*: 24.59%
• 5Y*: 10.79%
• 10Y*: —

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

HABDX vs. HNACX - Expense Ratio Comparison

HABDX has a 0.38% expense ratio, which is lower than HNACX's 0.57% expense ratio.

HNACX

Harbor Capital Appreciation Fund Retirement Class

HABDX

Harbor Core Plus Fund

Return for Risk

HABDX vs. HNACX — Risk / Return Rank

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

HABDX

HABDX Risk / Return Rank: 45
HABDX Sharpe Ratio Rank: 46
HABDX Sortino Ratio Rank: 43
HABDX Omega Ratio Rank: 31
HABDX Calmar Ratio Rank: 64
HABDX Martin Ratio Rank: 41

HNACX

HNACX Risk / Return Rank: 23
HNACX Sharpe Ratio Rank: 23
HNACX Sortino Ratio Rank: 23
HNACX Omega Ratio Rank: 23
HNACX Calmar Ratio Rank: 23
HNACX Martin Ratio Rank: 21

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. HNACX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Harbor Core Plus Fund (HABDX) and Harbor Capital Appreciation Fund Retirement Class (HNACX). 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	HNACX	Difference
Sharpe ratio Return per unit of total volatility	0.97	0.64	+0.33
Sortino ratio Return per unit of downside risk	1.38	0.99	+0.39
Omega ratio Gain probability vs. loss probability	1.17	1.14	+0.03
Calmar ratio Return relative to maximum drawdown	1.60	0.71	+0.89
Martin ratio Return relative to average drawdown	4.60	2.34	+2.26
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. HNACX - Sharpe Ratio Comparison

The current HABDX Sharpe Ratio is 0.97, which is higher than the HNACX Sharpe Ratio of 0.64. The chart below compares the historical Sharpe Ratios of HABDX and HNACX, 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

	HABDX	HNACX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.97	0.64	+0.33
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.12	0.42	-0.30
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.47	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.32	0.71	+0.61

Correlation

The correlation between HABDX and HNACX is 0.02, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

HABDX vs. HNACX - Dividend Comparison

HABDX's dividend yield for the trailing twelve months is around 4.29%, less than HNACX's 12.57% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HABDX Harbor Core Plus Fund	4.29%	4.65%	4.46%	4.24%	3.41%	3.12%	3.27%	3.19%	3.08%	3.41%	3.86%	5.40%
HNACX Harbor Capital Appreciation Fund Retirement Class	12.57%	11.19%	21.66%	0.00%	0.00%	18.62%	12.25%	8.97%	11.07%	11.64%	0.00%	0.00%

Drawdowns

HABDX vs. HNACX - Drawdown Comparison

The maximum HABDX drawdown since its inception was -17.94%, smaller than the maximum HNACX drawdown of -43.46%. Use the drawdown chart below to compare losses from any high point for HABDX and HNACX.

Drawdown Indicators

	HABDX	HNACX	Difference
Max Drawdown Largest peak-to-trough decline	-17.94%	-43.46%	+25.52%
Max Drawdown (1Y) Largest decline over 1 year	-2.64%	-17.94%	+15.30%
Max Drawdown (5Y) Largest decline over 5 years	-17.94%	-43.46%	+25.52%
Max Drawdown (10Y) Largest decline over 10 years	-17.94%	—	—
Current Drawdown Current decline from peak	-2.31%	-14.89%	+12.58%
Average Drawdown Average peak-to-trough decline	-1.87%	-9.67%	+7.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.92%	5.44%	-4.52%

Volatility

HABDX vs. HNACX - Volatility Comparison

The current volatility for Harbor Core Plus Fund (HABDX) is 1.44%, while Harbor Capital Appreciation Fund Retirement Class (HNACX) has a volatility of 6.99%. This indicates that HABDX experiences smaller price fluctuations and is considered to be less risky than HNACX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HABDX	HNACX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.44%	6.99%	-5.55%
Volatility (6M) Calculated over the trailing 6-month period	2.45%	13.12%	-10.67%
Volatility (1Y) Calculated over the trailing 1-year period	4.18%	20.42%	-16.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.65%	25.91%	-20.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.82%	25.02%	-20.20%