Correlation
The correlation between HCRB and PTRB is 0.19, 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.
HCRB vs. PTRB
Compare and contrast key facts about Hartford Core Bond ETF (HCRB) and PGIM Total Return Bond ETF (PTRB).
HCRB and PTRB are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HCRB is an actively managed fund by The Hartford. It was launched on Feb 19, 2020. PTRB is an actively managed fund by PGIM. It was launched on Dec 2, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HCRB or PTRB.
Performance
HCRB vs. PTRB - Performance Comparison
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Key characteristics
HCRB:
0.86
PTRB:
0.90
HCRB:
1.11
PTRB:
1.22
HCRB:
1.13
PTRB:
1.15
HCRB:
0.33
PTRB:
0.47
HCRB:
1.84
PTRB:
2.35
HCRB:
2.15%
PTRB:
1.93%
HCRB:
5.25%
PTRB:
5.40%
HCRB:
-19.90%
PTRB:
-19.17%
HCRB:
-7.27%
PTRB:
-4.75%
Returns By Period
In the year-to-date period, HCRB achieves a 1.34% return, which is significantly lower than PTRB's 1.44% return.
HCRB
1.34%
-0.74%
1.12%
4.35%
1.52%
-0.87%
N/A
PTRB
1.44%
-0.41%
1.21%
4.84%
2.21%
N/A
N/A
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HCRB vs. PTRB - Expense Ratio Comparison
HCRB has a 0.29% expense ratio, which is lower than PTRB's 0.49% expense ratio.
Risk-Adjusted Performance
HCRB vs. PTRB — Risk-Adjusted Performance Rank
HCRB
PTRB
HCRB vs. PTRB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Hartford Core Bond ETF (HCRB) and PGIM Total Return Bond ETF (PTRB). 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.
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Dividends
HCRB vs. PTRB - Dividend Comparison
HCRB's dividend yield for the trailing twelve months is around 4.28%, less than PTRB's 5.04% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
HCRB Hartford Core Bond ETF | 4.28% | 4.15% | 3.39% | 2.18% | 1.47% | 1.81% |
PTRB PGIM Total Return Bond ETF | 5.04% | 5.10% | 4.62% | 4.07% | 0.12% | 0.00% |
Drawdowns
HCRB vs. PTRB - Drawdown Comparison
The maximum HCRB drawdown since its inception was -19.90%, roughly equal to the maximum PTRB drawdown of -19.17%. Use the drawdown chart below to compare losses from any high point for HCRB and PTRB.
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Volatility
HCRB vs. PTRB - Volatility Comparison
The current volatility for Hartford Core Bond ETF (HCRB) is 1.44%, while PGIM Total Return Bond ETF (PTRB) has a volatility of 1.59%. This indicates that HCRB experiences smaller price fluctuations and is considered to be less risky than PTRB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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