HAMVX vs. HNMVX
HAMVX (Harbor Mid Cap Value Fund) and HNMVX (Harbor Mid Cap Value Fund Retirement Class) are both Mid Cap Value Equities funds from Harbor. Over the past 10 years, HAMVX returned 11.00%/yr vs 11.08%/yr for HNMVX. Their 1.00 correlation means they have historically moved very closely together. HAMVX charges 0.85%/yr vs 0.77%/yr for HNMVX.
Performance
HAMVX vs. HNMVX - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with HAMVX having a 23.67% return and HNMVX slightly higher at 23.70%. Both investments have delivered pretty close results over the past 10 years, with HAMVX having a 11.00% annualized return and HNMVX not far ahead at 11.08%.
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%
HNMVX
- 1D
- -0.41%
- 1M
- 3.16%
- 6M
- 16.17%
- YTD
- 23.70%
- 1Y
- 40.62%
- 3Y*
- 19.16%
- 5Y*
- 13.21%
- 10Y*
- 11.08%
- ALL TIME*
- 11.42%
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. HNMVX - 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% |
HNMVX Harbor Mid Cap Value Fund Retirement Class | 23.70% | 16.06% | 12.22% | 16.52% | -5.58% | 30.06% | -3.70% | 23.06% | -17.76% | 12.09% |
Correlation
The correlation between HAMVX and HNMVX is 1.00 - they have historically moved very closely together. At this level, their price movements offset little of one another.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 1.00 |
Correlation (3Y) Balances recent behavior with more history. | 1.00 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 1.00 |
Correlation (10Y) Provides a long-term view across more market conditions. | 1.00 |
Correlation (All Time) Calculated using the full available price history since Mar 1, 2016 | 1.00 |
The correlation between HAMVX and HNMVX has been stable across timeframes, ranging from 1.00 to 1.00 - a consistent structural relationship.
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Return for Risk
HAMVX vs. HNMVX — Risk / Return Rank
HAMVX
HNMVX
HAMVX vs. HNMVX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Harbor Mid Cap Value Fund (HAMVX) and Harbor Mid Cap Value Fund Retirement Class (HNMVX). 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 | HNMVX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | 0.00 | ||
| Sortino ratioReturn per unit of downside risk | -0.01 | ||
| Omega ratioGain probability vs. loss probability | 1.54 | 1.54 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 5.71 | 5.71 | 0.00 |
| Martin ratioReturn relative to average drawdown | 21.43 | 21.49 | -0.05 |
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Drawdowns
HAMVX vs. HNMVX - Drawdown Comparison
The maximum HAMVX drawdown since its inception was -64.17%, which is greater than HNMVX's maximum drawdown of -51.33%. Use the drawdown chart below to compare losses from any high point for HAMVX and HNMVX.
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Drawdown Indicators
| HAMVX | HNMVX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.17% | -51.33% | -12.84% |
Max Drawdown (1Y)Largest decline over 1 year | -6.84% | -6.84% | 0.00% |
Max Drawdown (3Y)Largest decline over 3 years | -21.04% | -21.00% | -0.04% |
Max Drawdown (5Y)Largest decline over 5 years | -21.04% | -21.00% | -0.04% |
Max Drawdown (10Y)Largest decline over 10 years | -51.44% | -51.33% | -0.11% |
Current DrawdownCurrent decline from peak | -1.31% | -1.31% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -9.92% | -7.02% | -2.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.82% | 1.82% | 0.00% |
Volatility
HAMVX vs. HNMVX - Volatility Comparison
Harbor Mid Cap Value Fund (HAMVX) and Harbor Mid Cap Value Fund Retirement Class (HNMVX) have volatilities of 2.99% and 2.94%, 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.
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Volatility by Period
| HAMVX | HNMVX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.99% | 2.94% | +0.05% |
Volatility (6M)Calculated over the trailing 6-month period | 8.88% | 8.87% | +0.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.02% | 13.01% | +0.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.59% | 18.70% | -0.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.80% | 21.84% | -0.04% |
HAMVX vs. HNMVX - Expense Ratio Comparison
HAMVX has a 0.85% expense ratio, which is higher than HNMVX's 0.77% expense ratio.
Dividends
HAMVX vs. HNMVX - Dividend Comparison
HAMVX's dividend yield for the trailing twelve months is around 7.01%, less than HNMVX's 7.09% 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% |
HNMVX Harbor Mid Cap Value Fund Retirement Class | 7.09% | 8.77% | 5.87% | 7.28% | 8.35% | 1.35% | 2.43% | 3.21% | 8.52% | 3.91% | 3.11% | 0.00% |
Frequently Asked Questions
With a correlation of 1.00, HAMVX and HNMVX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
HAMVX has higher volatility (2.99%) compared to HNMVX (2.94%). In terms of maximum drawdown, HAMVX dropped -64.17% vs HNMVX's -51.33%.
HNMVX currently has the higher Sharpe Ratio (3.01 vs 3.00), 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.
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