HCRB vs. FIBR
HCRB (Hartford Core Bond ETF) and FIBR (iShares U.S. Fixed Income Balanced Risk Systematic ETF) are both exchange-traded funds - HCRB is a Intermediate Core Bond fund actively managed by Hartford, while FIBR is a Intermediate Core-Plus Bond fund tracking the Bloomberg U.S. Fixed Income Balanced Risk Index. HCRB is actively managed, while FIBR is passively managed. Over the past 5 years, HCRB returned 0.25%/yr vs 1.63%/yr for FIBR. A 0.77 correlation means they provide meaningful diversification when combined. HCRB charges 0.29%/yr vs 0.25%/yr for FIBR.
Performance
HCRB vs. FIBR - Performance Comparison
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Returns By Period
In the year-to-date period, HCRB achieves a 0.41% return, which is significantly higher than FIBR's 0.33% return.
HCRB
- 1D
- -0.03%
- 1M
- 0.19%
- YTD
- 0.41%
- 6M
- 0.45%
- 1Y
- 5.49%
- 3Y*
- 4.50%
- 5Y*
- 0.25%
- 10Y*
- —
FIBR
- 1D
- -0.01%
- 1M
- 0.13%
- YTD
- 0.33%
- 6M
- 0.43%
- 1Y
- 5.67%
- 3Y*
- 6.80%
- 5Y*
- 1.63%
- 10Y*
- 2.31%
HCRB vs. FIBR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
HCRB Hartford Core Bond ETF | 0.41% | 7.06% | 2.23% | 6.98% | -14.61% | -1.79% | 6.78% |
FIBR iShares U.S. Fixed Income Balanced Risk Systematic ETF | 0.33% | 8.32% | 6.04% | 8.22% | -13.57% | -1.00% | 2.30% |
Correlation
The correlation between HCRB and FIBR is 0.88, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.88 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.81 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.84 |
Correlation (All Time) Calculated using the full available price history since Feb 21, 2020 | 0.77 |
The correlation between HCRB and FIBR shifts across timeframes, from 0.77 (all time) to 0.88 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
HCRB vs. FIBR — Risk / Return Rank
HCRB
FIBR
HCRB vs. FIBR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hartford Core Bond ETF (HCRB) and iShares U.S. Fixed Income Balanced Risk Systematic ETF (FIBR). 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.
| HCRB | FIBR | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.45 | 1.51 | -0.06 |
Sortino ratioReturn per unit of downside risk | 2.16 | 2.15 | +0.01 |
Omega ratioGain probability vs. loss probability | 1.26 | 1.27 | -0.02 |
Calmar ratioReturn relative to maximum drawdown | 1.85 | 1.90 | -0.05 |
Martin ratioReturn relative to average drawdown | 5.66 | 5.88 | -0.23 |
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
| HCRB | FIBR | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.45 | 1.51 | -0.06 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.04 | 0.29 | -0.25 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.47 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.14 | 0.51 | -0.37 |
Drawdowns
HCRB vs. FIBR - Drawdown Comparison
The maximum HCRB drawdown since its inception was -19.90%, which is greater than FIBR's maximum drawdown of -18.47%. Use the drawdown chart below to compare losses from any high point for HCRB and FIBR.
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Drawdown Indicators
| HCRB | FIBR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.90% | -18.47% | -1.43% |
Max Drawdown (1Y)Largest decline over 1 year | -2.82% | -2.99% | +0.17% |
Max Drawdown (3Y)Largest decline over 3 years | -6.18% | -3.08% | -3.10% |
Max Drawdown (5Y)Largest decline over 5 years | -19.42% | -18.47% | -0.95% |
Max Drawdown (10Y)Largest decline over 10 years | — | -18.47% | — |
Current DrawdownCurrent decline from peak | -1.63% | -1.52% | -0.11% |
Average DrawdownAverage peak-to-trough decline | -7.02% | -3.28% | -3.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.92% | 0.97% | -0.05% |
Volatility
HCRB vs. FIBR - Volatility Comparison
The current volatility for Hartford Core Bond ETF (HCRB) is 1.30%, while iShares U.S. Fixed Income Balanced Risk Systematic ETF (FIBR) has a volatility of 1.42%. This indicates that HCRB experiences smaller price fluctuations and is considered to be less risky than FIBR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HCRB | FIBR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.30% | 1.42% | -0.12% |
Volatility (6M)Calculated over the trailing 6-month period | 2.71% | 3.13% | -0.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.82% | 3.78% | +0.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.13% | 5.63% | +0.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.96% | 4.95% | +1.01% |
HCRB vs. FIBR - Expense Ratio Comparison
HCRB has a 0.29% expense ratio, which is higher than FIBR's 0.25% expense ratio.
Dividends
HCRB vs. FIBR - Dividend Comparison
HCRB's dividend yield for the trailing twelve months is around 4.18%, less than FIBR's 4.61% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIBR iShares U.S. Fixed Income Balanced Risk Systematic ETF | 4.61% | 4.78% | 5.04% | 4.44% | 3.27% | 1.92% | 2.57% | 3.27% | 3.61% | 2.74% | 2.92% | 2.26% |
HCRB Hartford Core Bond ETF | 4.18% | 4.12% | 4.15% | 3.39% | 2.18% | 1.47% | 1.81% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
HCRB and FIBR have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FIBR has higher volatility (1.42%) compared to HCRB (1.30%). In terms of maximum drawdown, HCRB dropped -19.90% vs FIBR's -18.47%.
On 5-year performance, FIBR leads with 1.63% vs 0.25% for HCRB. On fees, FIBR is cheaper at 0.25% per year. On volatility, HCRB has been the lower-risk option at 1.30%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, FIBR has performed better with a 1.63% return vs 0.25%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
FIBR is cheaper with a 0.25% expense ratio, compared with 0.29% for HCRB.
FIBR has the higher dividend yield at 4.61%, compared with 4.18% for HCRB.
HCRB is categorized as Intermediate Core Bond, while FIBR is Intermediate Core-Plus Bond. They also come from different issuers: Hartford and iShares. Their fees differ too: 0.29% for HCRB and 0.25% for FIBR.
FIBR currently has the higher Sharpe Ratio (1.51 vs 1.45), 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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