HBLYX vs. ABALX
Compare and contrast key facts about The Hartford Balanced Income Fund (HBLYX) and American Funds American Balanced Fund Class A (ABALX).
HBLYX is managed by Hartford. It was launched on Jul 30, 2006. ABALX is managed by American Funds. It was launched on Jul 26, 1975.
Performance
HBLYX vs. ABALX - Performance Comparison
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HBLYX vs. ABALX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HBLYX The Hartford Balanced Income Fund | -0.74% | 10.03% | 9.00% | 7.95% | -8.18% | 10.01% | 7.73% | 19.36% | -4.82% | 11.78% |
ABALX American Funds American Balanced Fund Class A | -1.12% | 18.45% | 14.63% | 13.65% | -12.13% | 15.75% | 10.85% | 18.60% | -3.35% | 14.69% |
Returns By Period
In the year-to-date period, HBLYX achieves a -0.74% return, which is significantly higher than ABALX's -1.12% return. Over the past 10 years, HBLYX has underperformed ABALX with an annualized return of 6.68%, while ABALX has yielded a comparatively higher 9.17% annualized return.
HBLYX
- 1D
- 0.82%
- 1M
- -4.24%
- YTD
- -0.74%
- 6M
- 1.01%
- 1Y
- 6.91%
- 3Y*
- 8.35%
- 5Y*
- 4.83%
- 10Y*
- 6.68%
ABALX
- 1D
- 1.79%
- 1M
- -4.88%
- YTD
- -1.12%
- 6M
- 2.08%
- 1Y
- 16.95%
- 3Y*
- 14.07%
- 5Y*
- 8.20%
- 10Y*
- 9.17%
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HBLYX vs. ABALX - Expense Ratio Comparison
HBLYX has a 0.64% expense ratio, which is higher than ABALX's 0.56% expense ratio.
Return for Risk
HBLYX vs. ABALX — Risk / Return Rank
HBLYX
ABALX
HBLYX vs. ABALX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Hartford Balanced Income Fund (HBLYX) and American Funds American Balanced Fund Class A (ABALX). 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.
| HBLYX | ABALX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.92 | 1.56 | -0.64 |
Sortino ratioReturn per unit of downside risk | 1.29 | 2.28 | -0.99 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.32 | -0.14 |
Calmar ratioReturn relative to maximum drawdown | 1.27 | 2.43 | -1.16 |
Martin ratioReturn relative to average drawdown | 5.01 | 10.15 | -5.13 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| HBLYX | ABALX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.92 | 1.56 | -0.64 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.61 | 0.79 | -0.18 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.80 | 0.87 | -0.07 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.80 | 0.79 | +0.01 |
Correlation
The correlation between HBLYX and ABALX is 0.88, 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.
Dividends
HBLYX vs. ABALX - Dividend Comparison
HBLYX's dividend yield for the trailing twelve months is around 7.02%, less than ABALX's 8.39% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HBLYX The Hartford Balanced Income Fund | 7.02% | 6.97% | 9.70% | 3.44% | 6.90% | 7.00% | 2.83% | 3.49% | 7.25% | 5.58% | 3.89% | 4.54% |
ABALX American Funds American Balanced Fund Class A | 8.39% | 8.27% | 6.87% | 2.05% | 2.30% | 4.30% | 4.35% | 3.49% | 5.49% | 4.72% | 4.24% | 5.60% |
Drawdowns
HBLYX vs. ABALX - Drawdown Comparison
The maximum HBLYX drawdown since its inception was -31.36%, smaller than the maximum ABALX drawdown of -40.20%. Use the drawdown chart below to compare losses from any high point for HBLYX and ABALX.
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Drawdown Indicators
| HBLYX | ABALX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.36% | -40.20% | +8.84% |
Max Drawdown (1Y)Largest decline over 1 year | -5.90% | -7.33% | +1.43% |
Max Drawdown (5Y)Largest decline over 5 years | -15.92% | -18.76% | +2.84% |
Max Drawdown (10Y)Largest decline over 10 years | -23.19% | -22.34% | -0.85% |
Current DrawdownCurrent decline from peak | -4.55% | -5.37% | +0.82% |
Average DrawdownAverage peak-to-trough decline | -3.10% | -3.86% | +0.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.49% | 1.76% | -0.27% |
Volatility
HBLYX vs. ABALX - Volatility Comparison
The current volatility for The Hartford Balanced Income Fund (HBLYX) is 2.73%, while American Funds American Balanced Fund Class A (ABALX) has a volatility of 3.89%. This indicates that HBLYX experiences smaller price fluctuations and is considered to be less risky than ABALX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HBLYX | ABALX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.73% | 3.89% | -1.16% |
Volatility (6M)Calculated over the trailing 6-month period | 4.42% | 6.96% | -2.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.61% | 11.22% | -3.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.96% | 10.45% | -2.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.38% | 10.63% | -2.25% |