HAFIX vs. SPY
Compare and contrast key facts about Hartford AARP Balanced Retirement Fund (HAFIX) and SPDR S&P 500 ETF (SPY).
HAFIX is managed by Hartford. It was launched on Apr 29, 2014. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HAFIX or SPY.
Correlation
The correlation between HAFIX and SPY is 0.70, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
HAFIX vs. SPY - Performance Comparison
Key characteristics
HAFIX:
1.26
SPY:
2.21
HAFIX:
1.75
SPY:
2.93
HAFIX:
1.25
SPY:
1.41
HAFIX:
1.21
SPY:
3.26
HAFIX:
5.39
SPY:
14.40
HAFIX:
1.16%
SPY:
1.90%
HAFIX:
4.94%
SPY:
12.44%
HAFIX:
-17.48%
SPY:
-55.19%
HAFIX:
-1.57%
SPY:
-1.83%
Returns By Period
In the year-to-date period, HAFIX achieves a 5.63% return, which is significantly lower than SPY's 26.72% return. Over the past 10 years, HAFIX has underperformed SPY with an annualized return of 3.85%, while SPY has yielded a comparatively higher 13.04% annualized return.
HAFIX
5.63%
0.00%
4.10%
6.23%
3.00%
3.85%
SPY
26.72%
0.20%
10.28%
27.17%
14.87%
13.04%
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HAFIX vs. SPY - Expense Ratio Comparison
HAFIX has a 0.56% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
HAFIX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Hartford AARP Balanced Retirement Fund (HAFIX) and SPDR S&P 500 ETF (SPY). 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.
Dividends
HAFIX vs. SPY - Dividend Comparison
HAFIX's dividend yield for the trailing twelve months is around 1.93%, more than SPY's 1.19% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HAFIX Hartford AARP Balanced Retirement Fund | 1.93% | 2.88% | 5.62% | 2.51% | 2.17% | 3.79% | 7.49% | 5.36% | 4.70% | 5.50% | 3.25% | 0.00% |
SPY SPDR S&P 500 ETF | 1.19% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
HAFIX vs. SPY - Drawdown Comparison
The maximum HAFIX drawdown since its inception was -17.48%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for HAFIX and SPY. For additional features, visit the drawdowns tool.
Volatility
HAFIX vs. SPY - Volatility Comparison
The current volatility for Hartford AARP Balanced Retirement Fund (HAFIX) is 0.00%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.81%. This indicates that HAFIX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.