HACBX vs. VTC

Last updated Apr 1, 2026

Compare and contrast key facts about Harbor Core Bond Fund (HACBX) and Vanguard Total Corporate Bond ETF (VTC).

HACBX is managed by Harbor. It was launched on Jun 1, 2018. VTC is a passively managed fund by Vanguard that tracks the performance of the Bloomberg Barclays U.S. Corporate Bond Index. It was launched on Nov 7, 2017.

Performance

HACBX vs. VTC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Harbor Core Bond Fund (HACBX) and Vanguard Total Corporate Bond ETF (VTC). The values are adjusted to include any dividend payments, if applicable.

HACBX vs. VTC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
HACBX Harbor Core Bond Fund	-0.14%	7.02%	1.57%	5.73%	-13.36%	-1.66%	9.10%	8.58%	1.75%
VTC Vanguard Total Corporate Bond ETF	-0.26%	7.58%	2.15%	8.58%	-15.68%	-1.41%	9.30%	14.60%	0.90%

Returns By Period

In the year-to-date period, HACBX achieves a -0.14% return, which is significantly higher than VTC's -0.26% return.

HACBX

• 1D: 0.57%
• 1M: -1.99%
• YTD: -0.14%
• 6M: 0.75%
• 1Y: 4.05%
• 3Y*: 3.60%
• 5Y*: 0.19%
• 10Y*: —

VTC

• 1D: 0.55%
• 1M: -1.83%
• YTD: -0.26%
• 6M: 0.39%
• 1Y: 4.99%
• 3Y*: 4.65%
• 5Y*: 0.63%
• 10Y*: —

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

HACBX vs. VTC - Expense Ratio Comparison

HACBX has a 0.40% expense ratio, which is higher than VTC's 0.04% expense ratio.

HACBX

Harbor Core Bond Fund

VTC

Vanguard Total Corporate Bond ETF

Return for Risk

HACBX vs. VTC — Risk / Return Rank

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

HACBX

HACBX Risk / Return Rank: 58
HACBX Sharpe Ratio Rank: 57
HACBX Sortino Ratio Rank: 56
HACBX Omega Ratio Rank: 42
HACBX Calmar Ratio Rank: 80
HACBX Martin Ratio Rank: 55

VTC

VTC Risk / Return Rank: 57
VTC Sharpe Ratio Rank: 54
VTC Sortino Ratio Rank: 51
VTC Omega Ratio Rank: 49
VTC Calmar Ratio Rank: 73
VTC Martin Ratio Rank: 58

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.

HACBX vs. VTC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Harbor Core Bond Fund (HACBX) and Vanguard Total Corporate Bond ETF (VTC). 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.

	HACBX	VTC	Difference
Sharpe ratio Return per unit of total volatility	1.03	0.92	+0.11
Sortino ratio Return per unit of downside risk	1.47	1.28	+0.19
Omega ratio Gain probability vs. loss probability	1.18	1.18	+0.01
Calmar ratio Return relative to maximum drawdown	1.92	1.79	+0.13
Martin ratio Return relative to average drawdown	5.36	5.39	-0.03
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HACBX vs. VTC - Sharpe Ratio Comparison

The current HACBX Sharpe Ratio is 1.03, which is comparable to the VTC Sharpe Ratio of 0.92. The chart below compares the historical Sharpe Ratios of HACBX and VTC, 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

	HACBX	VTC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.03	0.92	+0.11
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.03	0.09	-0.06
Sharpe Ratio (All Time) Calculated using the full available price history	0.40	0.31	+0.09

Correlation

The correlation between HACBX and VTC is 0.86, 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

HACBX vs. VTC - Dividend Comparison

HACBX's dividend yield for the trailing twelve months is around 4.12%, less than VTC's 4.86% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
HACBX Harbor Core Bond Fund	4.12%	4.50%	4.21%	3.83%	3.15%	2.18%	4.43%	3.55%	1.73%	0.00%
VTC Vanguard Total Corporate Bond ETF	4.86%	4.76%	4.50%	3.80%	3.13%	2.36%	2.69%	3.34%	3.53%	0.55%

Drawdowns

HACBX vs. VTC - Drawdown Comparison

The maximum HACBX drawdown since its inception was -18.48%, smaller than the maximum VTC drawdown of -22.05%. Use the drawdown chart below to compare losses from any high point for HACBX and VTC.

Drawdown Indicators

	HACBX	VTC	Difference
Max Drawdown Largest peak-to-trough decline	-18.48%	-22.05%	+3.57%
Max Drawdown (1Y) Largest decline over 1 year	-2.57%	-2.89%	+0.32%
Max Drawdown (5Y) Largest decline over 5 years	-18.43%	-22.05%	+3.62%
Current Drawdown Current decline from peak	-2.25%	-1.83%	-0.42%
Average Drawdown Average peak-to-trough decline	-5.38%	-5.94%	+0.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.92%	0.96%	-0.04%

Volatility

HACBX vs. VTC - Volatility Comparison

The current volatility for Harbor Core Bond Fund (HACBX) is 1.64%, while Vanguard Total Corporate Bond ETF (VTC) has a volatility of 2.19%. This indicates that HACBX experiences smaller price fluctuations and is considered to be less risky than VTC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HACBX	VTC	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.64%	2.19%	-0.55%
Volatility (6M) Calculated over the trailing 6-month period	2.54%	3.02%	-0.48%
Volatility (1Y) Calculated over the trailing 1-year period	4.24%	5.44%	-1.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.91%	7.08%	-1.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.28%	7.74%	-2.46%