HAMVX vs. HNACX
HAMVX (Harbor Mid Cap Value Fund) and HNACX (Harbor Capital Appreciation Fund Retirement Class) are both mutual funds - HAMVX is a Mid Cap Value Equities fund managed by Harbor, while HNACX is a Large Cap Growth Equities fund managed by Harbor. Over the past 5 years, HAMVX returned 13.13%/yr vs 11.37%/yr for HNACX. Their 0.53 correlation means they have sometimes moved together and sometimes differently. HAMVX charges 0.85%/yr vs 0.57%/yr for HNACX.
Performance
HAMVX vs. HNACX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, HAMVX achieves a 23.67% return, which is significantly higher than HNACX's 4.46% return.
HAMVX
- 1D
- -0.38%
- 1M
- 3.19%
- 6M
- 16.15%
- YTD
- 23.67%
- 1Y
- 40.57%
- 3Y*
- 19.08%
- 5Y*
- 13.13%
- 10Y*
- 11.00%
- ALL TIME*
- 8.90%
HNACX
- 1D
- 1.16%
- 1M
- -0.47%
- 6M
- 6.54%
- YTD
- 4.46%
- 1Y
- 10.74%
- 3Y*
- 24.00%
- 5Y*
- 11.37%
- 10Y*
- —
- ALL TIME*
- 19.12%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
HAMVX vs. HNACX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HAMVX Harbor Mid Cap Value Fund | 23.67% | 16.00% | 12.10% | 16.42% | -5.63% | 29.93% | -3.77% | 22.93% | -17.82% | 12.01% |
HNACX Harbor Capital Appreciation Fund Retirement Class | 4.46% | 14.04% | 46.43% | 53.86% | -37.67% | 15.43% | 54.82% | 33.53% | -1.24% | 35.33% |
Correlation
The correlation between HAMVX and HNACX is 0.39, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.39 |
Correlation (3Y) Balances recent behavior with more history. | 0.44 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.55 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 2017 | 0.53 |
The correlation between HAMVX and HNACX shifts across timeframes, from 0.39 (1 year) to 0.55 (5 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
HAMVX vs. HNACX — Risk / Return Rank
HAMVX
HNACX
HAMVX vs. HNACX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Harbor Mid Cap Value Fund (HAMVX) and Harbor Capital Appreciation Fund Retirement Class (HNACX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| HAMVX | HNACX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.53 | ||
| Sortino ratioReturn per unit of downside risk | +3.61 | ||
| Omega ratioGain probability vs. loss probability | 1.54 | 1.09 | +0.44 |
| Calmar ratioReturn relative to maximum drawdown | 5.71 | 0.47 | +5.24 |
| Martin ratioReturn relative to average drawdown | 21.43 | 1.39 | +20.05 |
Loading charts...
Drawdowns
HAMVX vs. HNACX - Drawdown Comparison
The maximum HAMVX drawdown since its inception was -64.17%, which is greater than HNACX's maximum drawdown of -43.46%. Use the drawdown chart below to compare losses from any high point for HAMVX and HNACX.
Loading charts...
Drawdown Indicators
| HAMVX | HNACX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.17% | -43.46% | -20.71% |
Max Drawdown (1Y)Largest decline over 1 year | -6.84% | -17.94% | +11.10% |
Max Drawdown (3Y)Largest decline over 3 years | -21.04% | -27.32% | +6.28% |
Max Drawdown (5Y)Largest decline over 5 years | -21.04% | -43.46% | +22.42% |
Max Drawdown (10Y)Largest decline over 10 years | -51.44% | — | — |
Current DrawdownCurrent decline from peak | -1.31% | -5.36% | +4.05% |
Average DrawdownAverage peak-to-trough decline | -9.92% | -9.49% | -0.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.82% | 6.09% | -4.27% |
Volatility
HAMVX vs. HNACX - Volatility Comparison
The current volatility for Harbor Mid Cap Value Fund (HAMVX) is 2.99%, while Harbor Capital Appreciation Fund Retirement Class (HNACX) has a volatility of 5.06%. This indicates that HAMVX experiences smaller price fluctuations and is considered to be less risky than HNACX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| HAMVX | HNACX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.99% | 5.06% | -2.07% |
Volatility (6M)Calculated over the trailing 6-month period | 8.88% | 14.00% | -5.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.02% | 17.84% | -4.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.59% | 25.94% | -7.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.80% | 24.82% | -3.02% |
HAMVX vs. HNACX - Expense Ratio Comparison
HAMVX has a 0.85% expense ratio, which is higher than HNACX's 0.57% expense ratio.
Dividends
HAMVX vs. HNACX - Dividend Comparison
HAMVX's dividend yield for the trailing twelve months is around 7.01%, less than HNACX's 10.71% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HAMVX Harbor Mid Cap Value Fund | 7.01% | 8.67% | 5.77% | 7.20% | 8.24% | 1.27% | 2.35% | 3.10% | 8.41% | 3.84% | 3.06% | 3.30% |
HNACX Harbor Capital Appreciation Fund Retirement Class | 10.71% | 11.19% | 21.66% | 0.00% | 0.00% | 18.62% | 12.25% | 8.97% | 11.07% | 11.64% | 0.00% | 0.00% |
Frequently Asked Questions
HAMVX and HNACX have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HNACX has higher volatility (5.06%) compared to HAMVX (2.99%). In terms of maximum drawdown, HAMVX dropped -64.17% vs HNACX's -43.46%.
HAMVX currently has the higher Sharpe Ratio (3.00 vs 0.47), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for HAMVX and HNACX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer