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.
Key characteristics
| HAFIX | SPY | |
|---|---|---|
| YTD Return | 6.76% | 18.86% |
| 1Y Return | 12.41% | 28.13% |
| 3Y Return (Ann) | 1.80% | 9.87% |
| 5Y Return (Ann) | 3.74% | 15.23% |
| 10Y Return (Ann) | 3.71% | 12.80% |
| Sharpe Ratio | 1.97 | 2.21 |
| Daily Std Dev | 6.16% | 12.60% |
| Max Drawdown | -17.48% | -55.19% |
| Current Drawdown | -0.42% | -0.61% |
Correlation
The correlation between HAFIX and SPY is 0.71, 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.
Performance
HAFIX vs. SPY - Performance Comparison
In the year-to-date period, HAFIX achieves a 6.76% return, which is significantly lower than SPY's 18.86% return. Over the past 10 years, HAFIX has underperformed SPY with an annualized return of 3.71%, while SPY has yielded a comparatively higher 12.80% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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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 2.23%, more than SPY's 0.94% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HAFIX Hartford AARP Balanced Retirement Fund | 2.23% | 2.87% | 5.62% | 2.50% | 2.15% | 3.79% | 7.48% | 5.35% | 4.68% | 5.49% | 3.23% | 0.00% |
SPY SPDR S&P 500 ETF | 0.94% | 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 1.19%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.84%. 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.