HBLYX vs. HHMIX
Compare and contrast key facts about The Hartford Balanced Income Fund (HBLYX) and Hartford Municipal Opportunities Fund (HHMIX).
HBLYX is managed by Hartford. It was launched on Jul 30, 2006. HHMIX is managed by Hartford. It was launched on May 30, 2007.
Performance
HBLYX vs. HHMIX - Performance Comparison
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HBLYX vs. HHMIX - 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% |
HHMIX Hartford Municipal Opportunities Fund | -0.38% | 5.70% | 2.14% | 5.92% | -8.97% | 1.73% | 4.66% | 7.89% | 1.35% | 5.74% |
Returns By Period
In the year-to-date period, HBLYX achieves a -0.74% return, which is significantly lower than HHMIX's -0.38% return. Over the past 10 years, HBLYX has outperformed HHMIX with an annualized return of 6.68%, while HHMIX has yielded a comparatively lower 2.30% 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%
HHMIX
- 1D
- 0.24%
- 1M
- -2.23%
- YTD
- -0.38%
- 6M
- 0.94%
- 1Y
- 3.84%
- 3Y*
- 3.60%
- 5Y*
- 1.10%
- 10Y*
- 2.30%
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HBLYX vs. HHMIX - Expense Ratio Comparison
HBLYX has a 0.64% expense ratio, which is higher than HHMIX's 0.44% expense ratio.
Return for Risk
HBLYX vs. HHMIX — Risk / Return Rank
HBLYX
HHMIX
HBLYX vs. HHMIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Hartford Balanced Income Fund (HBLYX) and Hartford Municipal Opportunities Fund (HHMIX). 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 | HHMIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.92 | 1.13 | -0.21 |
Sortino ratioReturn per unit of downside risk | 1.29 | 1.53 | -0.23 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.31 | -0.13 |
Calmar ratioReturn relative to maximum drawdown | 1.27 | 1.40 | -0.14 |
Martin ratioReturn relative to average drawdown | 5.01 | 5.28 | -0.27 |
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 | HHMIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.92 | 1.13 | -0.21 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.61 | 0.33 | +0.28 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.80 | 0.65 | +0.15 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.80 | 0.68 | +0.12 |
Correlation
The correlation between HBLYX and HHMIX is 0.05, 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.
Dividends
HBLYX vs. HHMIX - Dividend Comparison
HBLYX's dividend yield for the trailing twelve months is around 7.02%, more than HHMIX's 3.40% 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% |
HHMIX Hartford Municipal Opportunities Fund | 3.40% | 4.40% | 2.72% | 2.41% | 2.28% | 1.72% | 2.17% | 2.83% | 2.86% | 2.98% | 2.77% | 3.04% |
Drawdowns
HBLYX vs. HHMIX - Drawdown Comparison
The maximum HBLYX drawdown since its inception was -31.36%, roughly equal to the maximum HHMIX drawdown of -30.49%. Use the drawdown chart below to compare losses from any high point for HBLYX and HHMIX.
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Drawdown Indicators
| HBLYX | HHMIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.36% | -30.49% | -0.87% |
Max Drawdown (1Y)Largest decline over 1 year | -5.90% | -3.59% | -2.31% |
Max Drawdown (5Y)Largest decline over 5 years | -15.92% | -13.76% | -2.16% |
Max Drawdown (10Y)Largest decline over 10 years | -23.19% | -13.76% | -9.43% |
Current DrawdownCurrent decline from peak | -4.55% | -2.57% | -1.98% |
Average DrawdownAverage peak-to-trough decline | -3.10% | -3.90% | +0.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.49% | 0.96% | +0.53% |
Volatility
HBLYX vs. HHMIX - Volatility Comparison
The Hartford Balanced Income Fund (HBLYX) has a higher volatility of 2.73% compared to Hartford Municipal Opportunities Fund (HHMIX) at 0.96%. This indicates that HBLYX's price experiences larger fluctuations and is considered to be riskier than HHMIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HBLYX | HHMIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.73% | 0.96% | +1.77% |
Volatility (6M)Calculated over the trailing 6-month period | 4.42% | 1.61% | +2.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.61% | 3.83% | +3.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.96% | 3.29% | +4.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.38% | 3.56% | +4.82% |