HADAX vs. ABALX
Compare and contrast key facts about Hartford Balanced HLS Fund (HADAX) and American Funds American Balanced Fund Class A (ABALX).
HADAX is managed by Hartford. It was launched on Mar 30, 1983. ABALX is managed by American Funds. It was launched on Jul 26, 1975.
Performance
HADAX vs. ABALX - Performance Comparison
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HADAX vs. ABALX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HADAX Hartford Balanced HLS Fund | -5.33% | 12.10% | 11.30% | 14.79% | -13.70% | 19.69% | 11.54% | 22.68% | -5.35% | 15.59% |
ABALX American Funds American Balanced Fund Class A | -2.86% | 18.45% | 14.63% | 13.65% | -12.13% | 15.75% | 10.85% | 18.60% | -3.35% | 14.69% |
Returns By Period
In the year-to-date period, HADAX achieves a -5.33% return, which is significantly lower than ABALX's -2.86% return. Over the past 10 years, HADAX has underperformed ABALX with an annualized return of 8.14%, while ABALX has yielded a comparatively higher 8.98% annualized return.
HADAX
- 1D
- 0.11%
- 1M
- -5.55%
- YTD
- -5.33%
- 6M
- -2.33%
- 1Y
- 7.22%
- 3Y*
- 9.34%
- 5Y*
- 5.83%
- 10Y*
- 8.14%
ABALX
- 1D
- -0.14%
- 1M
- -6.82%
- YTD
- -2.86%
- 6M
- 0.85%
- 1Y
- 15.33%
- 3Y*
- 13.40%
- 5Y*
- 8.00%
- 10Y*
- 8.98%
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HADAX vs. ABALX - Expense Ratio Comparison
HADAX has a 0.62% expense ratio, which is higher than ABALX's 0.56% expense ratio.
Return for Risk
HADAX vs. ABALX — Risk / Return Rank
HADAX
ABALX
HADAX vs. ABALX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hartford Balanced HLS Fund (HADAX) and American Funds American Balanced Fund Class A (ABALX). 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.
| HADAX | ABALX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.66 | 1.43 | -0.77 |
Sortino ratioReturn per unit of downside risk | 1.01 | 2.09 | -1.08 |
Omega ratioGain probability vs. loss probability | 1.14 | 1.29 | -0.15 |
Calmar ratioReturn relative to maximum drawdown | 0.90 | 2.00 | -1.11 |
Martin ratioReturn relative to average drawdown | 3.53 | 8.51 | -4.99 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| HADAX | ABALX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.66 | 1.43 | -0.77 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.54 | 0.77 | -0.24 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.69 | 0.85 | -0.16 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.01 | 0.79 | -0.78 |
Correlation
The correlation between HADAX and ABALX is 0.80, 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
HADAX vs. ABALX - Dividend Comparison
HADAX's dividend yield for the trailing twelve months is around 12.57%, more than ABALX's 8.54% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HADAX Hartford Balanced HLS Fund | 12.57% | 11.90% | 9.05% | 4.62% | 17.33% | 6.29% | 6.62% | 10.54% | 7.27% | 2.29% | 2.80% | 1.95% |
ABALX American Funds American Balanced Fund Class A | 8.54% | 8.27% | 6.87% | 2.05% | 2.30% | 4.30% | 4.35% | 3.49% | 5.49% | 4.72% | 4.24% | 5.60% |
Drawdowns
HADAX vs. ABALX - Drawdown Comparison
The maximum HADAX drawdown since its inception was -91.68%, which is greater than ABALX's maximum drawdown of -40.20%. Use the drawdown chart below to compare losses from any high point for HADAX and ABALX.
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Drawdown Indicators
| HADAX | ABALX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.68% | -40.20% | -51.48% |
Max Drawdown (1Y)Largest decline over 1 year | -7.27% | -7.33% | +0.06% |
Max Drawdown (5Y)Largest decline over 5 years | -18.82% | -18.76% | -0.06% |
Max Drawdown (10Y)Largest decline over 10 years | -26.36% | -22.34% | -4.02% |
Current DrawdownCurrent decline from peak | -6.89% | -7.03% | +0.14% |
Average DrawdownAverage peak-to-trough decline | -24.51% | -3.86% | -20.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.85% | 1.73% | +0.12% |
Volatility
HADAX vs. ABALX - Volatility Comparison
The current volatility for Hartford Balanced HLS Fund (HADAX) is 3.05%, while American Funds American Balanced Fund Class A (ABALX) has a volatility of 3.26%. This indicates that HADAX experiences smaller price fluctuations and is considered to be less risky than ABALX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HADAX | ABALX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.05% | 3.26% | -0.21% |
Volatility (6M)Calculated over the trailing 6-month period | 6.58% | 6.74% | -0.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.52% | 11.11% | +0.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.93% | 10.42% | +0.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.89% | 10.61% | +1.28% |