HAFIX vs. WOBDX
Compare and contrast key facts about Hartford AARP Balanced Retirement Fund (HAFIX) and JPMorgan Core Bond Fund (WOBDX).
HAFIX is managed by Hartford. It was launched on Apr 29, 2014. WOBDX is managed by JPMorgan Chase. It was launched on May 31, 1991.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HAFIX or WOBDX.
Key characteristics
| HAFIX | WOBDX | |
|---|---|---|
| YTD Return | 7.10% | 5.82% |
| 1Y Return | 12.51% | 10.96% |
| 3Y Return (Ann) | 1.91% | -0.92% |
| 5Y Return (Ann) | 3.81% | 1.06% |
| 10Y Return (Ann) | 3.74% | 2.15% |
| Sharpe Ratio | 2.03 | 1.78 |
| Daily Std Dev | 6.15% | 6.21% |
| Max Drawdown | -17.48% | -16.65% |
| Current Drawdown | -0.11% | -3.19% |
Correlation
The correlation between HAFIX and WOBDX is 0.18, 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.
Performance
HAFIX vs. WOBDX - Performance Comparison
In the year-to-date period, HAFIX achieves a 7.10% return, which is significantly higher than WOBDX's 5.82% return. Over the past 10 years, HAFIX has outperformed WOBDX with an annualized return of 3.74%, while WOBDX has yielded a comparatively lower 2.15% 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. WOBDX - Expense Ratio Comparison
HAFIX has a 0.56% expense ratio, which is higher than WOBDX's 0.50% expense ratio.
Risk-Adjusted Performance
HAFIX vs. WOBDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Hartford AARP Balanced Retirement Fund (HAFIX) and JPMorgan Core Bond Fund (WOBDX). 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. WOBDX - Dividend Comparison
HAFIX's dividend yield for the trailing twelve months is around 2.22%, less than WOBDX's 3.68% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HAFIX Hartford AARP Balanced Retirement Fund | 2.22% | 2.87% | 5.62% | 2.50% | 2.15% | 3.79% | 7.48% | 5.35% | 4.68% | 5.49% | 3.23% | 0.00% |
WOBDX JPMorgan Core Bond Fund | 3.68% | 3.51% | 2.68% | 2.82% | 4.00% | 3.23% | 2.91% | 2.88% | 2.84% | 2.34% | 2.65% | 3.30% |
Drawdowns
HAFIX vs. WOBDX - Drawdown Comparison
The maximum HAFIX drawdown since its inception was -17.48%, roughly equal to the maximum WOBDX drawdown of -16.65%. Use the drawdown chart below to compare losses from any high point for HAFIX and WOBDX. For additional features, visit the drawdowns tool.
Volatility
HAFIX vs. WOBDX - Volatility Comparison
Hartford AARP Balanced Retirement Fund (HAFIX) and JPMorgan Core Bond Fund (WOBDX) have volatilities of 1.17% and 1.12%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.