HCVAX vs. AYBLX
HCVAX (Hartford Conservative Allocation Fund) and AYBLX (Pioneer Balanced ESG Fund) are both Diversified Portfolio funds. Over the past 10 years, HCVAX returned 5.10%/yr vs 9.99%/yr for AYBLX. Their correlation of 0.90 means they have usually moved in the same direction. HCVAX charges 0.59%/yr vs 0.65%/yr for AYBLX.
Performance
HCVAX vs. AYBLX - Performance Comparison
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Returns By Period
In the year-to-date period, HCVAX achieves a 3.69% return, which is significantly lower than AYBLX's 12.02% return. Over the past 10 years, HCVAX has underperformed AYBLX with an annualized return of 5.10%, while AYBLX has yielded a comparatively higher 9.99% annualized return.
HCVAX
- 1D
- 0.73%
- 1M
- -0.56%
- 6M
- 2.57%
- YTD
- 3.69%
- 1Y
- 8.90%
- 3Y*
- 8.94%
- 5Y*
- 3.60%
- 10Y*
- 5.10%
- ALL TIME*
- 4.33%
AYBLX
- 1D
- 0.92%
- 1M
- -1.73%
- 6M
- 9.12%
- YTD
- 12.02%
- 1Y
- 26.17%
- 3Y*
- 15.47%
- 5Y*
- 8.78%
- 10Y*
- 9.99%
- ALL TIME*
- 7.79%
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 |
HCVAX vs. AYBLX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HCVAX Hartford Conservative Allocation Fund | 3.69% | 11.09% | 8.52% | 9.63% | -13.42% | 5.38% | 8.75% | 13.79% | -3.78% | 10.07% |
AYBLX Pioneer Balanced ESG Fund | 12.02% | 19.80% | 9.64% | 15.41% | -14.39% | 15.48% | 12.92% | 22.22% | -4.43% | 15.19% |
Correlation
The correlation between HCVAX and AYBLX is 0.88, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.88 |
Correlation (3Y) Balances recent behavior with more history. | 0.89 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.90 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.91 |
Correlation (All Time) Calculated using the full available price history since Jun 1, 2004 | 0.90 |
The correlation between HCVAX and AYBLX has been stable across timeframes, ranging from 0.88 to 0.91 - a consistent structural relationship.
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Return for Risk
HCVAX vs. AYBLX — Risk / Return Rank
HCVAX
AYBLX
HCVAX vs. AYBLX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hartford Conservative Allocation Fund (HCVAX) and Pioneer Balanced ESG Fund (AYBLX). 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.
| HCVAX | AYBLX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.04 | ||
| Sortino ratioReturn per unit of downside risk | -1.47 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.44 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 1.85 | 3.93 | -2.08 |
| Martin ratioReturn relative to average drawdown | 8.10 | 16.91 | -8.81 |
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Drawdowns
HCVAX vs. AYBLX - Drawdown Comparison
The maximum HCVAX drawdown since its inception was -31.09%, smaller than the maximum AYBLX drawdown of -36.28%. Use the drawdown chart below to compare losses from any high point for HCVAX and AYBLX.
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Drawdown Indicators
| HCVAX | AYBLX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.09% | -36.28% | +5.19% |
Max Drawdown (1Y)Largest decline over 1 year | -4.67% | -6.41% | +1.74% |
Max Drawdown (3Y)Largest decline over 3 years | -6.33% | -13.39% | +7.06% |
Max Drawdown (5Y)Largest decline over 5 years | -18.45% | -20.26% | +1.81% |
Max Drawdown (10Y)Largest decline over 10 years | -18.45% | -24.24% | +5.79% |
Current DrawdownCurrent decline from peak | -0.96% | -2.40% | +1.44% |
Average DrawdownAverage peak-to-trough decline | -3.71% | -3.77% | +0.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.07% | 1.49% | -0.42% |
Volatility
HCVAX vs. AYBLX - Volatility Comparison
The current volatility for Hartford Conservative Allocation Fund (HCVAX) is 1.72%, while Pioneer Balanced ESG Fund (AYBLX) has a volatility of 2.35%. This indicates that HCVAX experiences smaller price fluctuations and is considered to be less risky than AYBLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HCVAX | AYBLX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.72% | 2.35% | -0.63% |
Volatility (6M)Calculated over the trailing 6-month period | 4.98% | 7.97% | -2.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.98% | 10.14% | -4.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.01% | 11.15% | -4.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.72% | 11.33% | -4.61% |
HCVAX vs. AYBLX - Expense Ratio Comparison
HCVAX has a 0.59% expense ratio, which is lower than AYBLX's 0.65% expense ratio.
Dividends
HCVAX vs. AYBLX - Dividend Comparison
HCVAX's dividend yield for the trailing twelve months is around 3.08%, less than AYBLX's 3.30% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AYBLX Pioneer Balanced ESG Fund | 3.30% | 3.58% | 2.59% | 1.76% | 3.23% | 8.61% | 4.12% | 6.03% | 9.97% | 9.42% | 2.63% | 4.14% |
HCVAX Hartford Conservative Allocation Fund | 3.08% | 3.19% | 2.95% | 2.54% | 2.52% | 4.72% | 1.51% | 2.52% | 3.22% | 3.01% | 1.35% | 1.66% |
Frequently Asked Questions
HCVAX and AYBLX 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.
AYBLX has higher volatility (2.35%) compared to HCVAX (1.72%). In terms of maximum drawdown, HCVAX dropped -31.09% vs AYBLX's -36.28%.
AYBLX currently has the higher Sharpe Ratio (2.49 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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